By the AFREEQUE newsroom, based on Sunday Standard
Botswana’s Non-Bank Financial Institutions Regulatory Authority has not disclosed which violations led it to place Minet under statutory management. The Sunday Standard reports that the regulator has not detailed the reasons for the measure, which concerns Minet in Botswana.
Spot sales of rough diamonds by the Okavango Diamond Company brought in 3.3 billion pula during the first nine months of the year. The figure is equivalent to about $200 million and forms part of the trading activity of the Botswana state-owned company, reports the Sunday Standard.
🇧🇼 Botswana · Source: Sunday Standard ·
A standoff involving Peter Fana Magosi, head of Botswana's intelligence service, has prompted a security deployment. The episode comes after his term expired and ahead of a handover of duties, reports the Sunday Standard.
🇧🇼 Botswana · Source: Sunday Standard ·
Botswana’s government is stepping up livestock vaccination against foot-and-mouth disease, according to Sunday Standard. The campaign aims to strengthen protection of herds against the disease, but the outlet does not specify its scale or timetable in the available information.
🇧🇼 Botswana · Source: Sunday Standard ·
Letshego is seeking to raise 800 million pula from its shareholders to reduce its funding costs. The operation concerns the financial strategy of the Botswana-based financial services group, according to the Sunday Standard.
🇧🇼 Botswana · Source: Sunday Standard ·
El Niño could cause 180 heat-related deaths in BotswanaBotswana’s Central District could record up to 180 heat-related deaths under the influence of El Niño. The figure is presented as an estimate of the health risks associated with the phenomenon, according to the Sunday Standard.
ExxonMobil raises stake in Mozambique’s Rovuma LNG project to 50%ExxonMobil has raised its stake in the Rovuma LNG gas project off Cabo Delgado province from 25% to 50% after an asset swap with Italy’s Eni. The US group remains the operator and is targeting a final investment decision by the end of 2026, with commercial operations expected to begin in 2031, according to Club of Mozambique.The week in Africa
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