Business

Marubeni Corp. agreed to acquire South African automotive retail and services provider TiAuto Investments, marking the Japanese trading giant’s first foray into Africa’s automotive maintenance sector. The Tokyo-based company is expanding its global aftermarket footprint by taking over a business that operates 161 stores across South Africa, Botswana, Namibia, Zimbabwe, …

Botswana is launching a sweeping overhaul of its state-dominated mining sector, driving a capital deployment push into non-diamond mineral exploration, domestic downstream processing, and citizen-led supply chains to insulate the economy from a volatile global diamond market. The southern African nation, the world’s largest diamond producer by value, is grappling …

De Beers contributed an estimated P11.31 billion to Botswana’s economy in 2025, a figure that would signal resilience in most years. However, it comes at the end of one of the toughest periods the global diamond industry has faced and falls just short of the P11.47 billion recorded in 2024. …

Old Mutual Botswana is entering a new leadership phase following the resignation of Group Chief Executive Officer Priscillah Ndadi, marking a strategic transition for the business as it builds on a period of operational reset and alignment. Ndadi will step down effective 1 July 2026, with her tenure concluding on …

The Sibanye-Stillwater company is betting on proximity over depth. The JSE-listed miner is advancing seven shallow, adjoining platinum group metals (PGM) projects across its South African portfolio, all focused on the upper group two (UG2) reef, mechanised where possible and deliberately structured as low-capital-intensity, brownfield extensions rather than new greenfield …

Botswana is aggressively pursuing an enhanced economic partnership with Zimbabwe, part of a sweeping strategy by Africa’s largest diamond producer to rapidly insulate its economy from a volatile global gemstone market. The structural pivot was underscored during a weekend bilateral meeting in Harare, where Botswana’s newly appointed Vice President and …

Power Metal Resources Plc has commenced a 1,600-meter core drilling campaign at its Molopo Farms Complex project in southwestern Botswana, shifting its exploration strategy to target the geological structures controlling the region’s massive igneous complex. The London-listed exploration firm is aiming for a district-scale discovery of nickel and platinum group …

The global leader in bulk material handling solutions, Martin Engineering, has launched a transformative digital system that unlocks opportunities to maximise the efficiency, reliability and performance of industrial air cannons. The N2® Air Cannon Intelligence (ACI) System gives operators of cement plants and other large-scale, high-temperature facilities unprecedented insight into …

In an era defined by resource security and supply chain realignment, Standard Bank leveraged its presence at DRC Mining Week to reinforce a clear investment thesis, that the Democratic Republic of Congo (DRC) remains one of the world’s most compelling yet complex mining destinations. Producing approximately 70% of the world’s cobalt …

Aterian Plc and AI-focused geology firm Lithosquare have officially launched field operations under their newly formed joint venture, pivoting from agreement signing to active exploration for critical minerals across Morocco and Botswana. The London-listed exploration company said Thursday that a joint technical team has initiated a systematic exploration strategy following …