Business barons join forces to invest in mining
Botswana business barons join forces to invest in mining
Following the recent inauguration of the first diamond mine owned by a Mosotho, the government is looking for an independent diamond valuer to reduce reliance on selling prices decided by the mining companies. It is also considering raising the bar regarding the minimum local shareholding in foreign mining ventures.
Southern Africa's highly popular lotteries, which offer the prospect of colossal winnings for modestly priced tickets, have over the last two decades become a highly profitable business for the private sector companies awarded government licences to operate them.