Botswanaâs experiment with diamond beneficiation â will it succeed?
17 March 2014, 12:00 pm
Gaborone: In Zambia the World Bank together with UKaid have argued strenuously that copper beneficiation is not do-able. In Botswana and South Africa the World Bank dispatched Professor Hausman in 2011 to convince governments not to beneficiate. But the idea that Africa will just continue to (efficiently) dig holes in the ground and export unprocessed raw materials making China, India and Europe rich from the processing is absolute anathema in most African capitals. The argument is so instinctively repulsive to Africans that it makes aging middle class African officials, who were schooled in beneficiation in European universities, remember their liberation struggle days and start using long forgotten rhetoric about âeconomic imperialismâ.
Kazungula OSBP: updates
14 March 2014, 12:00 pm
Tunis: The Governments of Zambia and Botswana have received loans from the African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA) for the construction of a bridge and other facilities at the Kazungula border crossing between the two countries over the Zambezi River. The project has also received a grant from the EU-Africa Infrastructure Trust Fund through association with the African Development Bank for specific technical assistance activities and the governments wish to utilize part of the grant for the recruitment of a Technical Assistant (TA). The two Governments are therefore looking for a dynamic, motivated, creative and open minded individual for providing consulting services to support the day to day activities of the Kazungula Bridge Project Management Team (PMT) based in Kasane, Botswana.
SACU: the inconvenient institution?
8 March 2014, 12:00 pm
Windhoek: There is no denying the fact that the regionâs oldest trade agreement, the Southern African Customs Union (SACU) - made up of Botswana, Lesotho, Namibia, South Africa and Swaziland - has gone into paralysis mode in terms of advancing the regional integration and common policy development and implementation agenda. This does not mean SACU is about to be finally killed off by South Africa or that member states are ready to dump SACU for a better alternative. It is, however, plausible given the current contemporary developments on trade and regional integration that SACU has become an inconvenient institution.
Southern Africa Quarterly Review and Analysis: 3rd Quarter 2013
6 March 2014, 12:00 pm
Tunis: Economic activity in Southern Africa was vibrant during the 3rd quarter as the region remained on course to attain a projected annual average growth rate of 4.4 percent. In Angola strong growth in the non-oil sector continued to boost overall economic activity. Also, planned new gas and oil fields coming on stream are envisaged to drive higher growth. Botswanaâs economic recovery continued with increasing activity in all sectors. The economy in Lesotho continued to show resilience, largely supported by an improved performance in diamond mining. Malawi is benefitting from improved investor confidence, which is enhancing the availability of foreign exchange to the economy. Also, Malawiâs tobacco marketing session for the third quarter showed higher sales that further the increased availability of foreign exchange. Growth picked up in Mozambique as the adverse effects of the large floods from the beginning of 2013 continued to subside. Economic growth rebounded in South Africa â albeit significantly below the estimated potential â at the back of expansion in manufacturing activities,. In Swaziland growth continued to improve gradually, largely driven by recovery in manufacturing and construction activities.
Trans-Kalahari railway on track
28 February 2014, 12:00 pm
Gabarone: Namibia and Botswana will sign a final agreement on the construction of the proposed Trans-Kalahari railway in the next few weeks in Walvis Bay. Namibiaâs High Commissioner to Botswana and to SADC, Hadino Hishongwa, revealed this last Thursday when the Minister of Mines and Energy, Isak Katali, visited Botswana to formalise a memorandum of understanding on further cooperation between the two countries. âWe have concluded talks and negotiations on the proposed Trans-Kalahari railway, so next week the agreement is going to be signed in Walvis Bay,â Hishongwa said when briefing Katali on achievements and challenges faced by the high commission.
Botswana to sign deal with Namibia to develop coal-export line
11 February 2014, 12:00 pm
Windhoek: Botswana and Namibia will sign a deal at the end of this month to develop a 1,500-kilometer (932-mile) railway for transporting coal exports to the port of Walvis Bay, according to the Botswana Chamber of Mines. âTechnical glitchesâ delaying the Trans-Kalahari project have been resolved, Charles Siwawa, chief executive officer of the chamber, said in a phone interview today. While he declined to give further details, Siwawa said the joint-venture agreement, originally due to be signed last April, paves the way for funding initiatives and tenders.
Botswana: 2014/15 budget speech
4 February 2014, 12:00 pm
Gaborone: I have the honour this afternoon to present to the National Assembly budget proposals for the financial year 2014/2015.
Aid and the environment: the case of Botswana
15 January 2014, 12:00 pm
At independence in 1966, Botswana was among the poorest countries in the world, with a GDP of about US$91 per capita (Mogotsi 2002). With the discovery of diamonds in 1976 and the implementation of sound macroeconomic policies, coupled with good governance, the country experienced some of the worldâs highest growth rates between 1966 and 2004. Hence, Botswana was transformed from being a least-developed country to a middle-income country in Africa (Anderson 2005). However, the rate of growth fell in the late 2000s because of the global economic crisis, and the drop in global diamond prices, although some recovery was evident in 2010 (GoB 2012). At independence, Botswana, like all other countries in sub-Sahara Africa (SSA) relied mostly on agriculture and foreign aid to meet its development goals. Because of its successful economic performance, most bilateral and multilateral aid donor agencies withdrew from Botswana on the perception that the country had graduated from its âaid dependencyâ state (Anderson 2005). However, with the countryâs upsurge in HIV/AIDS, most foreign donors redirected their commitment to combat the pandemic, and currently, about two-thirds of the disbursed foreign aid is allocated to HIV/AIDS activities. But the country still needs to focus on other interventions that have environmental consequences.
Corridor group says Botswana car import ban illogical
14 January 2014, 12:00 pm
Windhoek: The recent decision by Botswana to ban unregistered second hand vehicles imported through Walvis Bay and destined for Zimbabwe from driving through Botswana has been branded as illogical. Chief Executive Officer of the Walvis Bay Corridor Group, Johny Smith, said in an interview yesterday that the decision was âillogical, based on emotions and not economic reasons and facts.'
Botswana clamps down on vehicle imports in transit
5 January 2014, 12:00 pm
Harare: Botswana has with immediate effect banned all imported second-hand vehicles from passing through its territory, a development that will affect imports from Europe through Namibia. Zimbabweans who import European vehicles through Walvis Bay Port in Namibia mostly drive through Botswana, though some go through Zambia via the Trans-Caprivi Corridor rather than the Trans-Kalahari Corridor. South Africa already has a similar ban in place and cars from Asia that come through Durban Port must be ferried on vehicle carriers up to Beitbridge.