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14 Aug 2006

Iamgold Corporation said Friday that its second-quarter profit soared to a record US$29.8 million, from a year-earlier of US$2.4 million, on higher gold production bolstered by Mupane mine.

Toronto-based Iamgold said its earnings for the quarter ended June 30 amounted to 17 cents a share, up from two cents per share a year ago.

14 Aug 2006

RDC Properties came out with disappointing interim earnings to end of June this year, but analysts backed it saying that it is set to meet full year forecast through its planned expansion into the rest of Africa and increase rental income from Standard House.

14 Aug 2006

LionOre Mining International Ltd. said it gained approval from the government of Botswana to start building a $620 million nickel refinery as it positions itself to expand operations in the country.

14 Aug 2006

The giant fund management company, Coronation Fund Managers, added its voice Friday to international concerns that geo-political conflicts and imbalances in energy demand and supply are threatening to drive oil prices to US $ 100 per barrel.

14 Aug 2006

Israeli diamond polishing companies investing in Diamond Technology Park are upbeat that they will rival their Chinese and Indian peers in cost containment and productivity levels through the use of modern technology.

14 Aug 2006

Just next month, Botswana will celebrate 40 years of independence! Congratulations, Botswana!

In countries like Zimbabwe, only Robert Mugabe can afford to celebrate independence anniversaries. Mugabe is the only free person in that country.

05 Jul 2006

Even without any formal training in art, a local painter is gaining international recognition, writes MODIRWA KEKWALETSWE

05 Jul 2006

“what are your goals?

“What are you going to achieve in the next twenty years?”

“What is the quality of your life?”

“What is your worth?”

05 Jul 2006

Despite mounting complaints about the styles of refereeing at the ongoing FIFA World Cup games in Germany, the Principal of Botswana football referee’s commission Harries Lebotse is happy.

05 Jul 2006

The net seems to be closing on Mogoditshane Fighters.

Their frantic battles to remain in the elite Mascom League Division hit a further set back on Thursday when their appeal was dismissed.

05 Jul 2006

JB Sports which has been sponsoring the Men’s Volleyball mini gala league have now switched their loyalties in favour of the code’s women.

A Volleyball lover and spectator Candy Mayer told Sunday Standard Sport that JB Sports should not have left men in the lurch.

05 Jul 2006

Standard Chartered said last week that it expects the African continent to become a “huge” banking market, as companies borrow more to expand throughout the region and into the lucrative Asian markets.

05 Jul 2006

Bakwena has been involved in the Botswana capital market for the last ten years starting his career as a dealer at the same company.

Bakwena has gain valuable experience at the former Investec Securities, Capital Securities and as the first Listings and Trading Manager of the Botswana Stock Exchancge (BSE9).

05 Jul 2006

Engen Botswana, the Botswana Stock Exchange listed petroleum outfit, leapt to the second position in the local share market, thanks to “ good volumes” from the commercial business that beat the management’s expectations.

05 Jul 2006

It was sweet music to the ears of the multitudes of Batswana to hear the Minister of Communications Science and Technology, Hon. Pelonomi Venson-Moitoi break news on the impending privatisation of the Botswana Telecommunications Corporation (BTC) to the nation on June 21st, 2006, or perhaps some trepidation, depending on the audience.

05 Jul 2006

De Beers chairman, Nicky Oppenheimer, says some diamond traders are still buying uncertified diamonds from conflict areas in West Africa and many jewellery stores were not tracing their source.

05 Jul 2006

The Botswana Stock Exchange (BSE) bubbled –up to 11.8 percent in the second quarter of the year at the back of the increasingly buoyant local market, brokers said Friday.

Five local companies pushed up the market to 11.8 percent and were led by Botswana Insurance Holdings Limited and Turnstar at 28 percent each from the last quarter at the end of March.

05 Jul 2006

Botswana Medical Aid (BOMAID), screamed at the flat membership growth and the contributions levels as it raised the flag for an increased membership contribution.

The country’s oldest medical aid scheme which is badly run said the membership contribution hike is necessary for its survival.

05 Jul 2006

Tertiary Education Council, TEC, is coming up with a new holistic way of ensuring that the country's tertiary institutions train and produce graduates that meet and match the country's manpower needs.

05 Jul 2006

Members of Parliament have been claming allowances for traveling between Parliament and their constituencies, although the perk is not provided for under the National Assembly (Salaries and Allowances) Act - it emerged this week.

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