Tag Archives: Botswana
Botswana: Positive prospects for the diamond sector could lead to somewhat higher rates of GDP growth in 2017-19
IMF Staff Concludes 2017 Article IV Visit to Botswana
- Positive prospects for the diamond sector could lead to somewhat higher rates of GDP growth in 2017-19. Fiscal projections envisage moderate deficits this year and the next, with surpluses thereafter.
- Tax revenue reforms need to be accelerated to protect public finances against any adverse developments and maintain the country’s track record of sound fiscal management.
- The inflation rate remained low, close to the lower band of the Bank of Botswana’s inflation objective range of 3–6 percent.
A team from the International Monetary Fund (IMF) led by Enrique Gelbard visited Gaborone from May 1-16 for discussions on the 2017 Article IV Consultation with Botswana. The discussions covered recent developments and prospects and focused on policies to support continued economic stability and promote inclusive growth. At the end of the visit, Mr. Gelbard issued the following statement:
Selon l’index, le Botswana se démarque par divers facteurs, dont la meilleure cote de crédit, la balance des comptes courants, la couverture de l’importation et la facilité des affaires
About the Tsabong North Project
The Tsabong North Project, located approximately 100 km north of the town of Tsabong in south-western Botswana, is 1,545 km2 in size. It is comprised of anomalous concentrations of kimberlite indicators and has large geo-botanical features. Pangolin has already identified more than 50 drill-ready aeromagnetic targets in the Project area, several of which have surface areas exceeding 20 hectares. Exploration activities in the area are guided in part by the recommendations of a National Instrument 43-101 Technical Report prepared for the Project.
Cennergi, a recently-formed African energy company which is committed to providing energy solutions to Africans, is reported to be gearing up to acquire sizeable operational energy assets in generation on the African continent, according to Liz Hart, Siyenza Management.
Chinese and African leaders will come together at the 4th International Roundtable on China-Africa Health Cooperation to explore new partnerships to address some of the most pressing health challenges facing Africa and strengthen an innovative health partnership based on south-south cooperation. This year’s roundtable is the first to take place on the African continent. It will focus on promoting sustainable health solutions that meet the needs and priorities of African countries and draw on China’s unique expertise.
Standard Bank Group has been ranked the 12th “greenest” bank in the world and the cleanest in Africa by Bloomberg Markets.
Pangolin Diamonds Corp. is building a leading diamond exploration and development company in the heart of Botswana, the world’s leading diamond producing country by value. The Company is the 100% owner of 11 Prospecting Licenses covering 5,307 km2, including the Tsabong North, Jwaneng South, Malatswae and Mmadinare Projects.
Breakbulk Africa Congress 2013 Promises Unsurpassed Breakbulk & Project Cargo Logistics Education, Strategy & Networking
CAPE-TOWN, South-Africa, March 26, 2013/African Press Organization (APO)/ – Michael Lalor, Ernst & Young’s Director of Strategy and Innovation-Africa Business Center, will outline sub-Saharan Africa’s development, investment trends and proposed capital projects during the Day One keynote speech at the Breakbulk Africa Congress 2013 (http://www.breakbulk.com) (April 15-18, 2013 Southern Sun Cape Sun Hotel, Cape Town).
Le congrès africain Breakbulk 2013 a largement dépassé les promesses de Breakbulk en termes de projets, de cargaisons, de logistique, d’éducation, de stratégie & de réseaux
LE CAP, Afrique du Sud, 26 mars 2013/African Press Organization (APO)/ – Le 25 mars 2013 (CAPE TOWN, Afrique du Sud) Michael Lalor, directeur de la Stratégie et de l’innovation du Centre d’affaires africain chez Ernst & Young, présentera le développement en Afrique sub-saharienne, les tendances d’investissement et les projets d’immobilisation proposés lors du discours d’ouverture du premier jour du congrès africain Breakbulk 2013 (http://www.breakbulk.com) (qui aura lieu à l’hôtel Southern Sun Cape Sun au Cap du 15 au 18 avril 2013). Les responsabilités de M. Lalor incluent les initiatives de la société en matière de leadership éclairé en Afrique ainsi que l’aide fournie à un grand nombre de sociétés dans le domaine du développement, de la résistance au stress et de l’élaboration de leurs stratégies de croissance en Afrique.
Pangolin Diamonds Corp. updates shareholders on 2013 kimberlite diamond exploration activities in Botswana
About diamond mining in Botswana
Botswana is the largest diamond producing country in the world by value, supplying 21% of global rough diamond production. It is the location of the world’s two largest diamond mines, Jwaneng and Orapa, and four non-De Beers diamond mines – Gem, Firestone, Lucara and Mantle. Diamonds were first discovered in Botswana in 1959 and the first kimberlites were discovered in 1967. Since then, over 275 kimberlites have been discovered in the country. With a long and well-established Mining Code, Botswana is rated by the Fraser Institute as the best country in Africa for mining. The country has the highest sovereign credit rating in Africa. Since gaining independence in 1966, Botswana has been governed by the Botswana Democratic Party in a multi-party democracy.
by Wallace Mawire
A report produced by the Institute of Environmental Studies (IES) on the proposed National Climate Change Response Strategy in Zimbabwe has revealed that there is increasing evidence of deteriorating air quality in the country’s main cities.
Sub-Saharan Africa Seeks Affordable, High-quality Mining and Oilfield Water Treatment Chemicals, Says Frost & Sullivan
Direct linkages between suppliers and end users to prove mutually beneficial