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Press Office - National Asphalt Botswana

National Asphalt Botswana

Bela Bela Asphalt - Specialists in road repair projects in Botswana!

Bela Bela Asphalt supplies storage grade road repair products throughout Botswana. Bela Bela are specialists in road repair projects that are community driven with the emphasis on sustainability.


Slow progress in payouts to former miners – Oliphant

By: African News Agency      24th March 2017 Deputy Mineral Resources Minister Godfrey Oliphant on Thursday conceded that efforts to reach out and compensate former mineworkers, many of whom from neighbouring countries, have not been satisfactory. In his keynote address at the Southern Africa Trust summit on social security and compensation... 

Local supply company expands product offering

By: Simone Liedtke     24th March 2017 Designer and supplier of process equipment Zonke Engineering has added several pump types to its existing product range. 

One-stop solution gives company market edge

By: Simone Liedtke     24th March 2017 The ability to supply a full range of high-quality pumps with full back-up and support, as well as readily available spare parts, has placed pump supplier and manufacturer KSB Pumps and Valves in a unique position where clients can meet all their pumping requirements through a single supplier. 

Pumps range included in offering to cater for demand

By: Simone Liedtke     24th March 2017 Technical solutions provider Bearing Man Group (BMG) is strategising to enhance its fluid technology services to meet growing market demand in diverse industries, including the pumps industry. 

Maxiflex welcomes customers to their doors

     23rd March 2017 Maxiflex has been a specialist and trusted supplier of a fully comprehensive range of high quality, efficient and reliable door and dock loading solutions to the Southern African industry for 27 years. Alongside the renowned in-house Maxiflex brands, the company also boasts sole distribution... 

China's Sinopec buys first major refinery in Africa from Chevron

By: Reuters     22nd March 2017 China's Sinopec will pay almost $1-billion for a 75% stake in Chevron Corp's South African assets and its subsidiary in Botswana to secure its first major refinery in Africa, the companies announced on Wednesday. China Petroleum and Chemical Corp, or Sinopec, Asia's largest oil refiner, said the... 

Alecto prepares for first blast at Mowana project

By: Natasha Odendaal     22nd March 2017 Alecto Minerals is “moving at speed” towards delivering continuous production and first sales from the Mowana copper project, in Botswana, with the first blast expected to take place within days. With appointed drill and blast contractor Capital Drilling mobilising its equipment to site, an... 

$60m 'Pink Star' diamond goes back on sale next month

By: Reuters     21st March 2017 A 59.60-ct diamond known as "The Pink Star" is returning to auction next month and could fetch a record $60-million, three years since it was sold for even more - only for the buyer to pull out of the deal. The diamond was presented by Sotheby's in London ahead of the auction in Hong Kong on... 

South Africa asks World Bank to review ease-of-doing-business position in light of InvestSA initiative 

By: Terence Creamer     17th March 2017 The South African government has officially launched a new investment facilitation service, dubbed InvestSA, which it claims will dramatically reduce red tape for foreign and domestic businesses seeking to pursue greenfield or brownfield projects in the country. The service, which has both... 

Anglo's billionaire investor puts mining on cusp of M&A era

By: Bloomberg     17th March 2017 Anil Agarwal’s surprise move into Anglo American suggests the mining industry may be on the cusp of a new wave of deals. For years, Anglo has been the subject of takeover speculation and during the worst of the commodities crisis it seemed on the verge of a breakup. It spent last year getting... 

Sierra Leone pastor discovers 706 ct diamond

By: Reuters     17th March 2017 A Christian pastor has found one of the world's largest uncut diamonds – weighing 706 ct – in Sierra Leone's eastern Kono region. The stone, a photograph of which was posted on the president's official website, is being stored in the country's central bank, government sources said. 

Mod raises funds for T3 exploration

By: Esmarie Swanepoel     17th March 2017 Metals explorer Mod Resources has raised A$14.6-million through a share placement to professional and sophisticated investors. The ASX-listed company on Friday said some 235.4-million fully paid ordinary shares would be placed at a price of 6.2c each to raise the funds, with the placement still... 

Engen’s partnership with Corner Bakery promises Zambians poultry and motion

     16th March 2017 Engen Petroleum, a leading producer and marketer of fuels, lubricants and oil-based products began trading in Zambia 20 years ago. With the strategic acquisition of a leading competitor and the subsequent rebranding of the business, Engen was able to fast-track the growth of its service station... 

Multotec Launches As A Fully Botswana Company

     16th March 2017 After five years of successfully growing its market in Botswana, mineral processing solutions provider Multotec will now be relaunching as a fully-fledged subsidiary – locally registered and rooted in Botswana. “With our head office in Letlhakane and additional site offices at Jwaneng, Orapa and... 

Gem Diamonds' FY pretax profit nearly halves on Botswana mine impact

By: Reuters     15th March 2017 Gem Diamonds reported on Wednesday a 47% fall in its full-year pretax profit, hurt by an impairment charge after it mothballed the Ghaghoo mine in Botswana due to a fall in diamond prices. The company recorded an impairment provision of $176.5-million after its move last month to place the... 

African cooking show

By: Terry Mackenzie-hoy     10th March 2017 The other day I realised that I had eaten food in many African countries outside South Africa and had never passed on my experiences. So, here, in no particular order, beginning with Swaziland, are my experiences. Somewhere, I know that in Swaziland there is a restaurant that serves fine food. I... 

At least 17 firms express interest to operate Botswana national airline

By: Reuters     9th March 2017 At least 17 companies have expressed an interest in operating Air Botswana as the government embarks on its latest drive to privatise loss-making state companies. The transport department invited expressions of interest last month, saying it was open to proposals on various forms of privatisation... 

Rocla’s Versatile Concrete Poles

     9th March 2017 In the last decade, questions about the cost effectiveness and environmental friendliness of timber and steel poles have inevitably made industry seek alternative solutions for applications across a wide variety of sectors which include electricity, electrical, telecommunications, security... 

Botswana seeks to attract investors to mining town with tax cut

By: Reuters     7th March 2017 Botswana will cut corporate tax by up to 77% for investors in a mining town southeast of the capital, the trade and industry minister said on Tuesday, part of a package to attract them to a region hit by the collapse of BCL Mine. BCL Mine was put under provisional liquidation in October last year... 

Rocla’s Versatile Concrete Poles

     7th March 2017 In the last decade, questions about the cost effectiveness and environmental friendliness of timber and steel poles have inevitably made industry seek alternative solutions for applications across a wide variety of sectors which include electricity, electrical, telecommunications, security... 

Ascendis To Acquire Cipla Veterinary Business For R375 Million

     7th March 2017 Ascendis Health, the high growth health and care brands group, is to purchase the southern African veterinary operations of Cipla India for R375 million. Cipla Vet (companion animals) and Cipla Agrimed (commercial animals) sell a range of high quality animal medicines. The business was... 

Ascendis buys Cipla’s Southern African veterinary operations for R375m

By: Anine Kilian     6th March 2017 Health and care brands group Ascendis Health, will acquire the Southern African veterinary operations of Cipla India for R375-million. The purchase price includes a deferred payment of R50-million over 15 months. The acquisition will take effect in April. 

Sacoil buys majority stake in Afric Oil

By: African News Agency      6th March 2017 Sacoil, the South African based independent African oil and gas company, said on Monday that it had acquired a 71% interest in Afric Oil Group, one of the largest independent fuel distributors in South Africa. Following completion, Sacoil’s portfolio will consist of operated production activities... 

MOD Resources discovers substantial new copper zone

By: Anine Kilian     6th March 2017 ASX-listed MOD Resources has discovered significant widths and grades of copper and silver mineralisation below the T3 resource at its Botswana copper project. T3 forms part of a joint venture with Aim-listed Metal Tiger relating to an extensive holding of licences in the central and western... 

South Africans Cannot Afford To Ignore The Water Crisis

     3rd March 2017 While the maintenance and development of infrastructure is an important element of addressing South Africa’s water scarcity issues, changing peoples’ attitude to water usage and effectively managing the demand for water are equally critical, writes Sean Molloy, GIBB General Manager: Integrated... 

Study uses ‘fitbit’ to track animal sleep patterns

By: Anine Kilian     3rd March 2017 A recent study published in research journal PLUS ONE has found that sleep in wild animals is likely not related to sunrise and sunset, and that other environmental factors are more crucial to the timing of sleep. According to University of the Witwatersrand (Wits) Anatomical Sciences Professor... 

Water crisis impacting economic growth, but there are solutions – GIBB

By: Megan van Wyngaardt     3rd March 2017 With the Water Research Commission (WRC) predicting that South Africa will require 17% more water by the year 2030 and with the country’s water supplies almost fully allocated, it has become even more pressing to change peoples’ attitude towards water use and effectively manage water demand,... 

In world first, MAC members commit to voluntary principles on security and human rights

By: Henry Lazenby     3rd March 2017 Members of the Mining Association of Canada (MAC) on Thursday committed to implementing the Voluntary Principles on Security and Human Rights (VPs) – a world first for a mining association. The VPs were created in 2000 to help extractive sector companies balance the obligation to respect human... 

Musical chairs in the SA automotive industry

By: Irma Venter     3rd March 2017 South Africa’s automotive industry has seen a number of shake-ups in the first two months of the year. WesBank has announced the appointment of Mark Finlayson as the CEO of its Motor division following the departure of Simphiwe Nghona on February 1. 

Competition authorities approve Electrolux’s buyout of Kwikot Group

By: Anine Kilian     2nd March 2017 Competition authorities in South Africa, Botswana and Namibia have approved Electrolux’s acquisition of Kwikot Group. Electrolux in November 2016 announced its plan to buy Kwikot for an undisclosed amount. 

KSB invests in Zambia

     2nd March 2017 Global pump manufacturer, KSB Pumps and Valves, has established an independent operation in Zambia to ensure that its rapidly expanding customer base has full access to the company’s world-class sales and support services. Having previously been represented by a network of agencies and dealers... 

Africa becoming more attractive to mining investors, but policy stifles South Africa’s mining industry

By: Megan van Wyngaardt     1st March 2017 While Zimbabwe and Mozambique ranked in the bottom ten of the most attractive jurisdictions in the world for mining investment, the Canada-based Fraser Institute’s ‘Annual Survey of Mining Companies 2016’, shows that the continent continues to look better for investors and ranks ahead of Oceania,... 

Goscor Lift Truck Company appoints Mauritius, Botswana dealers

     28th February 2017 In line with its aggressive expansion programme in the Southern African and Indian Ocean Islands region, Goscor Lift Truck Company (GLTC), has appointed dealers in Mauritius and Botswana. Spearheaded by its activities in Mauritius over the past 100 years, the family-owned Taylor Smith Group,... 

Mining starts at Alecto’s Mowana mine

By: Anine Kilian     27th February 2017 Africa-focused gold and copper exploration company Alecto Minerals has started mining operations at the Mowana copper project, in Botswana. “The arrival of our mining contractor and the earthmoving equipment on site marks the beginning of a very exciting three-month period, which will be... 

Cupric secures $50m to help fund Botswana mine development

By: Megan van Wyngaardt     27th February 2017 Copper miner Cupric Canyon Capital’s wholly owned subsidiary, Khoemacau Copper Mining (KCM), has entered into a $50-million, term loan facility agreement with Red Kite Mine Finance to provide funding for KCM's Khoemacau copper-silver project, in Botswana. Proceeds from the loan will be used to... 

Barclays Africa plans Kenya gold ETF listing early this year

By: Chanel de Bruyn     27th February 2017 Barclays Africa Group is preparing to list its NewGold ETF on the Nairobi Securities Exchange after receiving regulatory approval to begin trading the securities. “We expect the listing to take place early this year,’’ Michael Mgwaba, head of exchange traded products at Johannesburg-based... 

Botswana Diamonds raises funds as exploration activities gain momentum

By: Anine Kilian     27th February 2017 Aim-listed Botswana Diamonds has raised £525 000 through the placing of 35-million new ordinary shares at 1.5p a share. The net proceeds of the placing will be used to fund ongoing kimberlite drilling at its Frischgewaagt property in South Africa, drilling in Botswana, exploration work in South... 

Kibo, Metal Tiger call it quits on JV projects

By: Megan van Wyngaardt     24th February 2017 Dual-listed Kibo Mining has terminated joint venture (JV) activities with Metal Tiger at the Pinewood and Morogoro mines, in Tanzania. The companies will also relinquish the mine licences back to the local authorities. 

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