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BOTSWANA

Martin Makgatlhe, stock exchange king and friend of the powerful

Financier Martin Makgatlhe. © Botswana Stock Echange

A familiar figure both on the stock market and the political scene in Gaborone, these days the financier Martin Makgatlhe is a key player in the country's affairs through his connections with the ruling BDP party and the clan of former president Masire. [...] (545 words)

Issue dated 23/07/2020 Reading time 3 minutes

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Mining

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Gaborone helps Minergy coal venture weather difficult market conditions

The early stages of production at the Masama mine operated by South Africa's Minergy Coal are being followed closely by the government, which has given strong financial support to the new company, the first private sector operator in the Botswanese coal industry.

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BOTSWANA Mining 19/02/2021

Gulf investors keen on ex-De Beers geologist's new venture

Lepate Vincent Ramokate left De Beers to strike out on his own in 2014. His latest company Eland Resources has drawn the attention of businessmen based in the United Arab Emirates.

BOTSWANA Mining 19/01/2021

De Beers hopes to sparkle in the fight against Covid-19

De Beers is killing two birds with one stone by gifting diamonds to Botswanan healthcare workers: the giveaway boosts the company's image in Botswana, its biggest sources of gems, and should help put it in President Masisi's good books, as negotiations on renewing its diamond sales contract have been ensuing for over a year.

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Masisi and De Beers woo diamond dealers with safaris

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Inner circles

BOTSWANA Business 18/09/2020

Farouk Ismail, Choppies founder and political philanthropist

One of Botswana's wealthiest tycoons, Farouk Ismail, frequently donates to the country's most high-profile charities. Founder of country's supermarket leader Choppies, which has stores across southern Africa, this charitable strategy is a way of making friends with Botswana's heads of state.

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Old hand returned to helm of anti-corruption body as Masisi strives to gloss over problems

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Inner circles

BOTSWANA Mining 14/05/2020

Lynette Armstrong's levers of influence to consolidate Debswana's diamond business

Having suddenly found herself at the helm of Debswana in 2019 following the premature death of her predecessor, Lynette Armstrong has been running Botswana's leading diamond producer in an acting capacity. With the appointment of a permanent managing director pending, she has been activating her networks as well as renegotiating the contract to sell the company's diamonds with its two shareholders, the Botswanan state and De Beers.

BOTSWANA Mining 18/12/2018

Neo Daniel Moroka favours diamonds over presidential run

In the end, Neo Daniel Moroka, the chief executive of the Botswanan arm of South African diamond producer De Beers,

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Botswana Oil
Botswana Stock Exchange
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Covid-19
De Beers Botswana
Debswana
Eric Molale
Kenya Commercial Bank
Ketumile Masire
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Letsebe Sejoe
Martin Makgatlhe
Motswedi Securities
Neo Moroka
Ntlo ya Dikgosi
Seretse Ian Khama
Sir Ketumile Masire Foundation
Tebogo Carter Masire
Willie Mokgatlhe

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