Global credit ratings agency Moody's downgraded Botswana's rating to 'Baa1' from 'A3' on Friday, citing the government's ...
GlobalData on MSN
Botswana mandates 24% local stake in new mining concessions
Botswana has introduced a new regulation requiring mining companies to sell a 24% stake in new concessions to local investors ...
Mining companies must now sell a 24% stake in new concessions to local investors if the government chooses not to buy the ...
Botswana has enforced a new rule requiring mining companies to sell a 24% stake in new concessions to local investors if the ...
Mining companies are now required to sell a 24% stake in new concessions to local investors if the government chooses not to ...
(Bloomberg) -- Botswana’s government will encourage new mining ventures to offer citizens the right to buy as much as 24% of projects in which the state hasn’t exercised its right to purchase a stake.
A clause in the previous deal, which prevented ODC from directly competing with De Beers on contract sales, has fallen away.
Botswana has implemented a new regulation mandating that all new mining concessions allocate a 24% stake to local investors if ...
President Duma Boko said his government is in talks with partners, including Oman’s sovereign wealth fund, to help finance the deal.
NIU Group, headed by Austrian investor Cevdet Caner, has announced the acquisition and restart of the Tati Mine in Botswana. This marks the beginning of a new chapter for Tati, positioning the ...
JOHANNESBURG, Jan 10 (Reuters) - Global diamond giant De Beers said it will go ahead with a planned $1 billion investment to extend the life of its flagship Jwaneng mine in Botswana, even as last year ...
Africanews on MSN
Botswana: New rule to promote local ownership of mines
Companies are required to sell a 24% stake in new concessions to local investors if the government chooses not to buy.
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