Business

A groundbreaking ceremony for Botswana’s first renewable project to be created by an independent power producer in the Sturdee Energy consortium took place recently, marking a significant milestone in the country’s history, according to an official. The Bobonong 3 MW solar project, located around 450 kilometres northeast of Gaborone, would …

The Ditau rare earth element (REE) project in south-western Botswana has identified 12 airborne magnetic targets, according to Aim-listed resources companies Power Metal Resources and Kavango Resources. Kanye Resources, a Botswana joint venture (JV) in which Power Metal and Kavango each own a 50 per cent stake, owns Ditau. The …

“When it comes to ‘safety always’ behaviour, Epiroc’s values are clear – we want to protect what we value most, our people,” says Johnny de Mesquita, Epiroc Regional SHEQ Manager for Southern Africa. “The health and safety of all our employees, our customers and our business partners remain paramount. Our …

United Arab Emirates (UAE) government organisation the Dubai Multi Commodities Centre (DMCC) has signed a memorandum of understanding (MoU) with Botswana diamond marketing organisation Okavango Diamond Company (ODC). Under the terms of the MoU, the two parties will work together to promote the diamond industries in the UAE and Botswana …

The oil and gas industry faced a tough year in 2021. According to The State of African Energy 2022 this was a result of a drop in global demand, which resulted in a fall in oil prices. This led to companies cutting budgets and delaying future projects. The sharp slowdown …

SKF’s expanded range of adjustable chocks helps improve the technical and economic performance of rotating equipment – from engines and generators to motors and gearboxes SKF has developed a new range of adjustable chocks with higher load capacity and an increased adjustment range. The chocks can be used in many …

This month, the renowned Mining and Technical Exhibitions (MTE) Botswana, takes place in three locations-Letlhakane, Palapye and Jwaneng. The MTE events will take place throughout the country and other African countries with the main aim being to nurture the mining and related industries by showcasing the latest technologies and solutions …

Restoring confidence in Zambia as a mining investment destination and diversification of the mining industry in Botswana and pushing for greater innovation in the sector are set to be key messages at the upcoming 2022 Investing in African Mining Indaba. The President of Botswana, Dr Mokgweetsi Eric Keabetswe Masisi, is …

Okavango Diamond Company sold $963 million of rough diamonds last year, this is according to Dennis Tlaang, a company spokesman who also added that the revenue was the most since the company began operations in 2012, he said. The sales are reportedly Botswana’s state-run record revenue with sales surging almost …

Vast Resources has informed the Boards of BOD and Gem Diamonds that they do not intend to proceed with acquiring Gem Diamonds Botswana, a wholly-owned subsidiary of Gem Diamonds, for a cash consideration of US$4 million. The Board of BOD has identified alternative potential partners to replace VAST as its …