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Diamonds continue to do good for the people of Botswana, says Okavango Diamond Company

25th June 2019 Botswana is reaping the rewards from decades of successful management of its diamond sector to become one of the fastest growing economies in Africa. Speaking at the Plenary Meeting of the Policy Dialogue on Natural Resource-based Development hosted by the Organisation for Economic Co-operation... 

MOD backs improved A$167m offer from Sandfire

By: Esmarie Iannucci     25th June 2019 Copper miner Sandfire Resources has made an improved A$167-million takeover offer for Africa-focused copper developer MOD Resources. Under the offer agreement, each MOD shareholder could elect to receive either 45c in cash for each of their shares, capped at A$41.6-million or 25% of the overall... 

Kibo mulls renewables cogeneration opportunities  

By: Simone Liedtke     24th June 2019 In line with its strategy of incorporating long-term renewable energy solutions into its existing coal power projects, Africa-focused Kibo Energy has signed a collaboration agreement with ESS Tech to develop suitable baseload electricity storage solutions. Having recognised the increasing need to... 

New trade exhibition in Ghana set to support industry growth

By: Creamer Media Reporter      21st June 2019 Organisers Specialised Exhibitions Montgomery and Afrocet Montgomery have announced the launch of Ghana’s premier mining, industrial, automation, packaging, and occupational health and safety trade expo, which will be taking place at the Dome, located at the Accra Trade Fair Grounds in Ghana,... 

As South African demand stagnates, auto exports set new records 

By: Irma Venter     21st June 2019 Automotive exports from South Africa had a positive 2018, setting a number of new records on the way up. In doing so, the industry managed to compensate for some of the losses seen in the South African new-vehicle sales market last year as the domestic economy continued its uphill battle, says... 

As South African demand stagnates, auto exports set new records

By: Irma Venter     21st June 2019 Automotive exports from South Africa had a positive 2018, setting a number of new records on the way up. In doing so, the industry managed to compensate for some of the losses seen in the South African new-vehicle sales market last year as the domestic economy continued its uphill battle, says... 

Broadband Infraco intensifies its role in connecting SADC

By: Natasha Odendaal     21st June 2019 State-owned telecommunications group Broadband Infraco believes there is much potential in the submarine fibre cables market across the Southern African Development Community (SADC). Infraco, which currently acts as the gateway for international connectivity for its landlocked neighbouring... 

Minergy appoints CEO-designate 

By: Martin Creamer     20th June 2019 The Botswana Stock Exchange-listed Minergy on Thursday announced that its CFO Morne du Plessis had been appointed CEO-designate and would take over the reins of the coal mining and coal trading company on August 1. This follows last month’s announcement that current Minergy CEO Andre Bojé, 63,... 

Vivo Energy in joint venture to accelerate growth of KFC franchise in East Africa

By: African News Agency      20th June 2019 Vivo Energy said on Thursday it had agreed to form a joint venture with Kuku Foods East Africa Holdings, the owner of KFC franchises in East Africa, to accelerate the growth of its current franchise portfolio of 30 restaurants in Kenya, Uganda and Rwanda. Vivo Energy, the pan-African retailer and... 

Pro Civil to buy Gem’s Ghaghoo mine 

By: Simone Liedtke     20th June 2019 LSE-listed Gem Diamonds has entered into a binding agreement with Pro Civil for the sale of 100% of the share capital of Gem Diamonds Botswana (GDB), which holds the Ghaghoo diamond mine, which has been on care and maintenance since March 2017. Under the share sale agreement, Pro Civil will make... 

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