AU elects Dlamini-Zuma's successor

Nkosazana Clarice Dlamini-Zuma, African Union Commission Chairperson. Photo©Salvatore Di Nolfi/AP/SIPAAfrican leaders are set to elect the next chairperson of the African Union Commission during their meeting in Kigali, Rwanda from July 10 to 18.

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Giant diamond fails to sell at auction, trade interested

Lesedi La Rona. Photo©REUTERS/Dylan MartinezThe biggest uncut diamond to be discovered in over a century failed to sell at a Sotheby's auction on Wednesday, but the chief executive of Lucara Diamond Corp, the company that found the gem, said there was interest from buyers in the diamond trade.

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Mugabe deputy sucked into $350 million graft storm

Photo©Victor R. Caivano AP/SIPAOne of Zimbabwe President Robert Mugabe's deputies has been accused of trying to influence the country's power utility to get an expensive $350 million loan from a Botswana-based finance company without following proper procedures.

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Botswana sees additional 820 MW of power by 2020

ReutersBotswana is looking to add up to 820MW of power into the national grid from both coal and solar powered plants by 2020, leaving it a surplus for exports, Minerals and Energy Minister Kitso Mokaila said on Tuesday.

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Botswana's plan to grow economy in next 6 years not enough to end poverty

Botswana's Finance Minister Kenneth Matambo. Photo©ScreenShotBotswana will target an average economic growth rate of 4.4 percent in the next six years from 3.8 percent currently but this won't be enough to end poverty, the finance minister said on Monday.

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Electricity: Botswana to appoint two South Korean firms to further expand power plant

Photo©ReutersTwo South Korean firms could be picked to expand Botswana's Morupule B power station by 300 megawatt (MW) in a bid by the southern African nation to ease power shortages, the energy minister said on Friday.

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Botswana sells stake in state telecoms firm

File photo©ReutersBotswana has sold a minority stake in its telecoms firm in an initial public share offer, the first sale under its privatisation campaign, a government agency said on Monday.

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Climate change: Scientists say time is running out to protect Africa's food supply

Photo©ReutersWithout action to help farmers adjust to changing climate conditions, it will become impossible to grow some staple food crops in parts of sub-Saharan Africa, with maize, beans and bananas most at risk, researchers said on Monday.

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Botswana may sell troubled China-built power plant

File Photo©ReutersBotswana could sell its troubled 600 megawatt (MW) Chinese-built power station, the energy minister said on Tuesday, after it suffered constant technical hitches since its launch in 2012.

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Banking: Barclays Africa tumbles as British parent signals exit

File Photo©ReutersSpeculation that Barclays could be withdrawing from Africa after almost a century there sent shares in its business Barclays Africa Group tumbling on Monday.

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Mining: Attractiveness is more important than short-term fluctuations

Alan Davies Chief executive for diamonds and minerals, rio TintoRio Tinto's chief executive for diamonds and minerals, Alan Davies, explains how he sees the company's future in Africa.

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Mining: Rio Tinto seeks growth opportunities in Africa

File Photo©ReutersGlobal mining firm Rio Tinto is looking for opportunities to expand in Africa as it bets on long term demand growth for minerals, a senior executive said on Monday.

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Zimbabwe most corrupt country in southern Africa, Botswana Africa's least corrupt

Zimbabwe is the most corrupt country in southern Africa, with neighbouring Botswana ranking as Africa's least corrupt country, the latest graft perception survey by Transparency International has revealed. South Africa's score remains unchanged.

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Top IMF official set for Ghana conference, Mahama talks

Zhu Min, IMF's deputy managing director. Photo©ReutersA top International Monetary Fund (IMF) official is expected in Ghana on Sunday to attend regional conferences that are set to discuss the use of data to produce better macro-economic policies for Africa.

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Zimbabwe's capital Harare plans diamond bourse

File photo©ReutersZimbabwe is planning an ambitious international diamond bourse expected to attract traders from all over the world, as the southern African nation hopes to harness the mineral's revenue in an effort to shore up its faltering economy.

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Good leadership is about people – Former Botswana President, Festus Mogae

Festus Mogae served as president of the southern African country of Botswana from 1998 to 2008Festus Mogae former president of Botswana and recipient of several international awards, including the 2008 Ibrahim Prize for Achievement in African Leadership says that his long interaction with lesbian, gay, bisexual and transgender (LGBT) groups and extensive research, he has "come to the realisation that we are limited in our knowledge and must be open to new discoveries."

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Botswana Country Profile 2015: Gems still at the heart of things

Flag Botswana

Buoyed by Botswana's continuing economic growth, President Ian Khama won a second five-year term in the October 2014 election as the ruling Botswana Democratic Party (BDP) managed to hang onto power.

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Botswana to award contract for 300 MW coal-fired power plant

Botswana will award a contract to build a 300 megawatt (MW) coal-fired power station this week that could transform the southern African nation to be an exporter of electricity by 2018, the mining and energy minister said on Monday.

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Zimbabwe’s debt market to relaunch

Photos© All rights reserved Issuers, investors and regional bourses are excited by the news from Harare

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Work to start in 2016 at Botswana $4.2 bn coal-to-liquids plant

File photo©ReutersFunders of a $4.2 billion coal-to-liquids plant in Botswana will start construction next year on the project, which aims to tap the southern African country's more than 200 billion tonnes of coal resources to reduce reliance on petroleum product imports.

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