Business

Botswana’s only active gold mine is coming back online, with Nova Africa Resources and partner AgaOne Commodities moving to restart the long-dormant Mupane operation by mid-2027 following a $21.5 million acquisition and plans that go well beyond simply reopening the pit. Located near Francistown in the North-East District, Mupane Gold …

Canadian miner Lucara Diamond Corp. has recovered a mammoth 1,305.4-carat rough diamond from its Karowe mine in Botswana, a discovery that underscores Southern Africa’s standing as a global powerhouse for critical minerals and precious stones. The gem described as a white, unbroken stone measuring 79.9 by 34.1 by 51.9 millimeters …

By Steven Lumley, technical manager, WearCheck The third article in WearCheck’s series “When Good Oils Go Bad” features a discussion around nitration. Nitration is far less talked about than oxidation, yet in many engines, it is just as destructive and often more insidious. Unlike oxidation, which is driven by oxygen, …

The Dubai Multi Commodities Centre (DMCC) has signed a strategic agreement with the Botswana Stock Exchange Group (BSE) to establish Africa’s first “sister-hub” commodity trading corridor, creating a direct bridge between Dubai’s global financial network and Southern Africa’s vast mineral reserves. The partnership, signed between DMCC and the operator of …

Lifting Africa is proud to announce Ground Mobility Systems as the Official Ground Mobility Solutions Sponsor of the Forklift Driver Competition, taking place at Electra Mining Africa 2026 from 7–11 September 2026 at the Johannesburg Expo Centre, Nasrec. As one of South Africa’s leading providers of heavy-duty ground mobility, aluminium …

Zimbabwe is repositioning energy as the central lever for infrastructure-led growth, placing efficiency and clean power at the core of its development strategy. Addressing delegates at the Southern Africa Eco-Infrastructure Summit 2026 in Victoria Falls, Zimbabwe, the Minister of Energy and Power Development, July G. Moyo framed the region’s infrastructure …

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, …

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 …