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BOTSWANA

Debswana ditches foreign suppliers to stick to Masisi's will

The parastatal firm has begun a complete overhaul of its maintenance and fuel supply contracts. The aim is to squeeze out multinational companies to make room for Botswana-owned businesses. [...] (343 words)

Issue dated 06/05/2022 Reading time 2 minutes

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Mining

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BOTSWANA
Barloworld Equipment
Botswana Oil Limited
Caltex
De Beers
Debswana
Engen
Epiroc
Kanu Equipment
Komatsu
Mokgweetsi Masisi
Puma Energy
Shell
Thiess

Danish billionaire Anders Holch Povlsen frustrated in his Okavango tourism plans

The Botswanan authorities are seeking in the public interest to oblige the potential buyer of two luxury lodges to cede 30% of the shares to local operators.

BOTSWANA Commodity traders 05/09/2022

How Rosy Blue bought its first diamond cutting facility in Botswana

After more than two decades of trying, the Indian-based diamond producer Rosy Blue has at last managed to secure a diamond cutting facility in Botswana.

BOTSWANA Mining Commodity traders 30/08/2022

Diamond giant Debswana takes on mining services

On 4 August, Botswana's diamond giant Debswana - a joint venture between the Botswana government and the UK's De Beers Group - quietly established a new subsidiary in Gaborone: Naledi Mining Services. Since the beginning of his term in 2018, President Mokgweetsi Masisi has been working to accelerate the sector's independence from international giants.

BOTSWANA Mining 23/08/2022

Mining services tycoons snap up prized property near Gaborone Dam

Best known as the owners of the mining services company Bothakga Burrow, which subcontracts for major Botswanan companies Debswana and Morupule Coal Mine, two businessmen are now investing in real estate in the capital's southwestern suburbs - a sector that is booming.

BOTSWANA SOUTH AFRICA Mining 12/05/2022

Opposition political figure spearheads Moopetsi Mining's move into Gaborone

Based in Limpopo in South Africa, the mining services firm Moopetsi Mining has set up shop in Gaborone in partnership with the former youth league president of the centrist Alliance for Progressives party, Jacob Kelebeng.

BOTSWANA Mining 07/04/2022

Masisi uses Lucara to pressure De Beers for better revenue-sharing deal

President Masisi wants to make De Beers share proceeds from polished stones from the Debswana mines that Botswana runs jointly with the firm. He hopes their new arrangement will be similar to miner Lucara's deal with diamond dealer HB Antwerp.

BOTSWANA Mining 17/03/2022

Masisi pitches to Dubai investors in bid to boost Gaborone diamond polishing business

Botswana is still struggling to have all of the diamonds allocated for domestic processing polished internally. President Masisi visited Dubai on 11 March in the hope of winning over new investors who might be willing to bet on the Botswana capital's future as a diamond hub.

Botswana President Mokgweetsi Masisi arrived in Dubai on 11 March 2022.

Inner circles

BOTSWANA Mining 03/09/2021

Race for top job at De Beers diamond offshoot Debswana heats up

The De Beers-Botswana state JV, which represents a third of the country's GDP, is looking for a new boss and with the company in the process of renegotiating its diamond sales contract, the choice of CEO is tangled with political considerations.

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.

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De Beers
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Engen
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Kanu Equipment
Komatsu
Mokgweetsi Masisi
Puma Energy
Shell
Thiess

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Debswana ditches foreign suppliers to stick to Masisi's will

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Danish billionaire Anders Holch Povlsen frustrated in his Okavango tourism plans

How Rosy Blue bought its first diamond cutting facility in Botswana

Diamond giant Debswana takes on mining services

Mining services tycoons snap up prized property near Gaborone Dam

Opposition political figure spearheads Moopetsi Mining's move into Gaborone

Masisi uses Lucara to pressure De Beers for better revenue-sharing deal

Masisi pitches to Dubai investors in bid to boost Gaborone diamond polishing business

Race for top job at De Beers diamond offshoot Debswana heats up

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

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Debswana ditches foreign suppliers to stick to Masisi's will

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

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Set up email notifications for these topics

Danish billionaire Anders Holch Povlsen frustrated in his Okavango tourism plans

How Rosy Blue bought its first diamond cutting facility in Botswana

Diamond giant Debswana takes on mining services

Mining services tycoons snap up prized property near Gaborone Dam

Opposition political figure spearheads Moopetsi Mining's move into Gaborone

Masisi uses Lucara to pressure De Beers for better revenue-sharing deal

Masisi pitches to Dubai investors in bid to boost Gaborone diamond polishing business

Race for top job at De Beers diamond offshoot Debswana heats up

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

Set up email notifications for these topics

First visit

Contacts

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Indigo Publications also publishes: