Business

Botswana’s economy is facing a significant downturn, primarily driven by a prolonged slump in diamond sales, the country’s primary export commodity. Finance Minister and Vice President, Ndaba Gaolathe, has warned that the economy could contract by as much as 1.7% this year. This projected contraction would mark Botswana’s worst economic …

The Africa Energy Indaba is set to be a pivotal event in 2025, advancing the African energy and utilities sectors through meaningful discussions, partnerships, and networking opportunities. Scheduled from March 4-6 in Cape Town, the Indaba will bring together influential stakeholders, policymakers, industry experts, and investors to address Africa’s energy …

With abundant sunshine and wind southern Africa is perfectly positioned to become a global powerhouse in green hydrogen production. As the world shifts towards cleaner energy sources Namibia and South Africa provide favourable conditions and are well situated upon one of the world’s central shipping routes to transport the commodity …

Mining Indaba – the premier platform for deal-making, investment, and corporate networking for African mining for over 30 years – has announced a 2025 agenda that emphasises the voices of indigenous people and communities in the mainstream of the conference. The new focus for next year’s event -Investing In Mining …

Condition monitoring specialist company, WearCheck, celebrated a noteworthy milestone recently when diagnostic manager, John Evans, diagnosed his 3 millionth used oil sample at the company’s Durban laboratory. WearCheck’s scientists analyse used samples of oil and other machinery fluids, like coolants, greases, fuel and more, using high-tech laboratory equipment and techniques …

South African Minister of Mineral Resources and Energy, Gwede Mantashe, made a direct appeal to investors at the 30th AOW: Investing in African Energy Conference: “Investors, we are not saying come to South Africa as a tourist destination, we have deposits, come and invest.” Mantashe emphasised the significant untapped potential …

With recent geopolitical events highlighting the vulnerabilities of global energy supply chains, Africa is attracting increasing attention as a reliable and promising source of oil and gas. As the world seeks to diversify its energy portfolios and ensure security of supply, investors are recognising the immense potential of Africa’s underexplored …

Perenti’s underground mining business, Barminco, has finalised discussions regarding the existing five-year mining services contract for the Khoemacau copper mine with Khoemacau Copper Mining Proprietary Limited, a subsidiary of MMG Limited, it says. Barminco has been operating at Khoemacau since the mine commenced in 2019, initially winning the services contract …

A dialogue session at Wits University later this month will give some new insights into practical and strategic ways for mines to do right by communities, now and into the future. The event is arranged by the Successful Application of Technologies Centred Around People (SATCAP) programme at the Wits Mining …

Botswana is set to take a giant leap into the space age with the development of its first satellite, BOTSAT-1. This ambitious project, a collaboration between the Botswana International University of Science and Technology (BIUST) and Bulgarian satellite builder EnduroSat, promises to revolutionize the nation’s mining industry while bolstering its …