Business

The sale of rough diamonds at Botswana’s Debswana Diamond Co fell 17% in the first six months of the year, data released by the central bank showed, amid a weak market underpinned by global macroeconomic uncertainty. Debswana, a joint venture of Botswana and Anglo American Plc’s unit De Beers, sells …

A new deal Botswana signed this month with De Beers will give it access to more diamonds and help it secure 10 billion pula ($762 million) in development funding, President Mokgweetsi Masisi said in an interview. The 10-year arrangement between the gem giant, a unit of Anglo American Plc, and …

SKF LGGB 2 is a biodegradable, low toxicity, synthetic ester, oil-based grease that has been specially formulated to suit any application where there is the potential of environmental contamination. During the equipment lubrication process, it is not always possible to prevent some grease from leaking. “In applications like agriculture and …

The global energy landscape is undergoing a profound transformation, driven by the need for cleaner and more sustainable alternatives. Hydrogen, often referred to as the “fuel of the future,” is emerging as a promising solution that has the potential to revolutionise the energy sector in Africa and beyond. The 16th …

Botswana and De Beers Group have agreed to a new diamond sales deal in which the world’s No. 1 diamond producer by value, gradually increases the share of rough stones it gets from their joint venture Debswana over the next decade to 50%, the government and the mining company said …

Glencore is committed to implementing the UN Guiding Principles on Business and Human Rights and upholds the UN Declaration of Human Rights and the International Labour Organization Declaration on Fundamental Principles and Rights at Work. Community-focused support by Glencore in Kolwezi, Lualaba Province of the DRC, to help provide access …

Earlier this year Epiroc and SSAB announced a further expansion of their partnership to secure fossil-free steel for use in the production of Epiroc’s mining equipment. Since then, the two companies have expanded their collaboration into also exploring the possibilities to use fossil-free steel when manufacturing spare parts and components …

The Portuguese manufacturer and seller of gensets and electric engineering projects is set to participate in both the Africa Energy Forum 2023 (Kenya, June 20th to 23rd) and FILDA (Angola, July 18th to 22nd). With an experience of more than 45 years providing energy solutions for numerous applications, Grupel has …

The challenges presented by inconsistent power supply, exacerbated by the everyday reality of rising fuel and energy costs, have to be navigated by businesses across all sectors of the South African economy to ensure their future sustainability. Within this context, the pressure to find ways to operate more efficiently and …

President Masisi threatens to ‘separate’ from the diamond giant unless Botswana gets a bigger cut of the cash.   Botswana’s President Mokgweetsi Masisi has threatened to walk away from his country’s highly successful 54-year partnership with De Beers if the South African giant doesn’t give Botswana a bigger slice of …