Business

Debswana is looking to use the commercial ecosystem surrounding its diamond operations to help build stronger citizen-owned businesses, as Botswana seeks to diversify an economy long anchored by mining. The approach is centred on connecting Debswana’s procurement power, technical expertise, markets and supplier networks with the Citizen Entrepreneurial Development Agency …

Strengthening its role in one of Botswana’s most significant mining projects, Sandvik has secured a major equipment and financing agreement with Lucara Botswana for the underground expansion of the Karowe diamond mine. The multinational engineering company will supply Lucara Botswana, a subsidiary of TSX-listed Lucara Diamond Corp, with a 15 …

A century of jewellery heritage has come full circle in Botswana, with the Udell family, owners of US luxury retailer London Jewelers, visiting Orapa Mine alongside the Klein family as part of the company’s 100th anniversary celebrations. The visit brings together two fourth-generation family businesses whose relationship is closely tied …

Botswana is looking to technology as a key enabler of a more secure and resilient energy system, with the Minister of Minerals and Energy Bogolo Joy Kenewendo engaging Huawei Technologies Botswana on the potential application of renewable energy solutions. The engagement examined how emerging energy technologies could help expand access …

Botswana is moving to close the gap between energy ambition and investment delivery, with Government stepping up efforts to bring banks, development partners, technology providers and the private sector closer to the country’s minerals and energy agenda. The shift is becoming increasingly visible through a series of engagements over the …

Lucara Diamond Corp’s revenue for the second quarter ended 30 June fell 6% year on year to $41 million, driven largely by lower carat sales through tender and a softer average dollar per carat price on diamonds weighing less than 10.8 carats. The quarter’s revenue included the sale of the …

For pumps and valves manufacturer KSB Pumps and Valves, keeping Africa’s mines, power stations and water utilities running depends less on manufacturing capacity than on knowing exactly where a spare part needs to be, before a customer even asks. The company’s dedicated service, maintenance and spare parts division, SupremeServe, holds …

When Good Oils Go Bad Part 4 By Steven Lumley, technical manager, WearCheck The fourth article in WearCheck’s “When Good Oils Go Bad” series takes an in-depth look at thermal breakdown. Stress – it’s something with which we’re all intimately familiar. It might be the printer jamming five minutes before …

Botswana was the weakest performing economy among Southern Africa’s major economies in 2025, with the African Development Bank warning that heavy dependence on diamonds has left the country exposed to global commodity shocks even as its neighbours rebounded strongly. The bank’s Southern Africa Economic Outlook 2026 shows Botswana’s economy contracted …

Debswana Diamond Company, in partnership with the Boteti District Council, has officially handed over the Khwee Community Ranch, a project designed to strengthen food security and build sustainable livelihoods for rural communities in Botswana. The initiative represents a combined investment of more than BWP5 million, around US$370,000, with Debswana contributing …