News

Botswana Braces for Power Tariff Jolt: A Balancing Act for Economic Stability – Updated

Botswana’s electricity landscape is set for a significant overhaul this July, as new, differentiated power tariffs come into effect, promising to reshape household budgets and business operating costs across the nation. Far from a uniform increase, the approved adjustments by the Botswana Energy Regulatory Authority (BERA) signal a nuanced strategy …

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South32 Boosts Noronex with $20m – Update

By: Kevin Dube Noronex has strengthened its position in the Kalahari Copper Belt with the addition of two recently acquired Botswana tenements into its strategic alliance with South32, under the same financial terms as the original deal. The new agreement will see South32 increase its joint-venture commitment, contributing an additional …

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TLT Turbo Africa Unveils Smart Fan Set to Transform Mine Ventilation

South African based manufacturing plant, TLT Turbo Africa has unveiled its latest innovation, a Smart Fan designed to redefine ventilation efficiency across the mining and energy sectors. The company, which has supplied critical ventilation systems to major projects such as the Gautrain and leading mines across Southern Africa, says the …

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Botswana Diamonds Broadens Horizon with AI-Driven Critical Mineral Push

Despite a profoundly challenging year for the global diamond market, Aim-listed Botswana Diamonds has reported significant strategic progress, leveraging advanced artificial intelligence (AI) to pivot into critical minerals exploration while strengthening its core diamond assets. Chairperson John Teeling confirmed that the company is entering its next phase “with renewed confidence, …

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BME Sets Stage for Green Explosives in SADC Mining – Update

Omnia Holdings subsidiary BME, in partnership with Swedish-based Hypex Bio Explosives Technology (Hypex Bio), is extending its collaboration beyond Canada by initiating an infrastructure and product development programme for the Southern African Development Community (SADC) market. The two companies will gradually introduce the world’s first commercially available hydrogen peroxide explosives …

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Botswana Forecasts Stunning 3.1% Economic Rebound in 2026 Amid Diamond Recovery

Botswana’s economy is poised for a significant turnaround in 2026, with the Bank of Botswana (BoB) projecting a 3.1% growth rate, ending a persistent period of contraction. The expected rebound is largely hinged on a gradual recovery in the crucial global diamond market, coupled with ambitious structural reforms outlined in …

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Aterian Leaps into the Future with AI-Powered Copper Hunt

London-listed base metals miner Aterian is set to dramatically accelerate its exploration efforts after signing a binding heads of terms for a strategic earn-in joint venture (JV) with French exploration company Lithosquare. This transformative partnership focuses on eight high-potential copper-prospective projects covering 2,898  km across Aterian’s portfolio in the Kalahari …

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Africa Rises as Industrial Force: Sedna Puts Continent at Forefront of Digital Transformation

Following the recent G20 summit, a clear message has emerged: Africa is not merely a beneficiary of the global economy, but a formidable builder, innovator, and industrial force. This reality is most evident in the continent’s accelerating digital and industrial transformation across critical sectors like mining, ports, energy, and infrastructure, …

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The lube kitchen series part 13: Extreme Pressure (EP) additives – the additives that thrive under pressure

By Steven Lumley, technical manager, WearCheck Continuing the journey through the world of anti-wear additives with condition monitoring specialist company, WearCheck, this final instalment of the lube kitchen series looks at additives that work their magic under pressure – Extreme Pressure (EP) additives – the other metal guardians in your …

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Botswana Economy Under Pressure as Diamond Slump Triggers IMF Call for ‘Bold Reforms’

Botswana is facing its sharpest economic downturn in over a decade, with the International Monetary Fund (IMF) warning that the country’s economic outlook has “deteriorated markedly” due to a prolonged slump in global demand for natural diamonds. The crisis, fueled by increased competition from lab-grown alternatives and shifting consumer preferences, …

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