News Botswana Exports: ANALYSIS-Can coal-hungry Botswana ramp up solar to meet renewables target?
D espite its abundant sunshine, Botswana gets a tiny fraction of its electricity from solar power, with most coming from its vast coal reserves, fuelling concerns about the southern African country's ability to meet its green energy goals.
News Botswana Exports: Namibia to avoid single country concentration risk
By Josef Kefas Sheehama.Namibia is an upper-middle-income country. It relies on mining, agriculture, and fishing. Uncertainty may remain, but it can be transformed into planned uncertainty, with no surprises and with contingency plans in place.The Covid-19 pandemic and the ongoing, Russian invasion of the Ukraine, and rising tensions between China and the United States have highlighted the importance of economic independence.The Namibian economy...
News Botswana Exports: SACU members to enjoy lower trade costs and simplified procedures for imports and exports
Accredited traders in Namibia, Botswana, Eswatini, Lesotho, and South Africa will enjoy lower trade costs and simplified procedures for imports and exports, because of a mutual recognition arrangement signed by the five Member States of the Southern African Customs Union (SACU) on Wednesday In South Africa.The signed arrangement, the Authorised Economic Operator (AEO) progamme is a flagship Customs – Business partnership programme, which offers...
News Botswana Exports: Botswana's sole iron ore mine halts operations as prices fall
By Brian Benza GABORONE, May 31 (Reuters) - I kongwe Mine, Botswana’s sole iron ore mining operation, has stopped production due to falling export prices for the mineral, a senior company official said on Wednesday. The mine, owned by Botswana-registered Vision Ridge Investments, a unit of India's Yashomann Industries, began production in 2021 as prices of iron ore, the main ingredient in steel
News Botswana Exports: Demand for Diamonds Boosts Botswana's GDP
Recovering demand for diamonds has boosted Botswana's real GDP, which rose 8.4 per cent in Q3 of 2021, year-on-year. By comparison, real GDP in Q3 of Covid-hit 2020 shrank by 4.5 per cent, according ...
News Botswana Exports: BERA vows to end possible collusion in the LPG industry
Government owned organization that regulates the petroleum sector, Botswana Energy Regulatory Authority (BERA), is on the process restructuring the Liquefied Petroleum Gas (LPG) industry to allow ...