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The economy of Botswana is currently one of the world's fastest growing economies, averaging about 5% per annum over the past decade. Growth in private sector employment averaged about 10% per annum during the first 30 years of the country's independence. After a period of stagnation at the turn of the 21st century, Botswana's economy registered strong levels of growth, with GDP growth exceeding 6-7% targets. Botswana has been praised by the African Development Bank for sustaining one of the world's longest economic booms. Economic growth since the late 1960s has been on par with some of Asia's largest economies. The government has consistently maintained budget surpluses and has extensive foreign-exchange reserves.
Sir Seretse Goitsebeng Maphiri Khama, GCB, KBE was a Botswana politician who served as the first President of Botswana, a post he held from 1966 to his death in 1980.
Vale Canada Limited is a wholly owned subsidiary of the Brazilian mining company Vale. Vale's nickel mining and metals division is headquartered in Toronto, Ontario, Canada. It produces nickel, copper, cobalt, platinum, rhodium, ruthenium, iridium, gold, and silver. Prior to being purchased by CVRD in 2006, Inco was the world's second largest producer of nickel, and the third largest mining company outside South Africa and Russia of platinum group metals. It was also a charter member of the 30-stock Dow Jones Industrial Average formed on October 1, 1928.
Selebi-Phikwe is a mining town located in the Central District of Botswana. It had a population of 49,724 in 2011 which is now estimated to have risen to c.52,000. The town is an administrative district, separate from the surrounding Central District.
Francistown is the second largest city in Botswana, with a population of about 100,079 and 150,800 inhabitants for its agglomeration at the 2011 census. and often described as the "Capital of the North". It is located in eastern Botswana, about 400 kilometres (250 mi) north-northeast from the capital, Gaborone. Francistown is located at the confluence of the Tati and Inchwe rivers, and near the Shashe River and 90 kilometres from the international border with Zimbabwe. Francistown was the centre of southern Africa's first gold rush and is still surrounded by old and abandoned mines. The City of Francistown is an administrative district, separated from North-East District. It is administered by Francistown City Council.
The Morupule Colliery is a coal mine located in Palapye, Botswana, and owned and operated by Debswana, a partnership between the government of Botswana and De Beers.
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The Shashe River is a major left-bank tributary of the Limpopo River in Zimbabwe. It rises northwest of Francistown, Botswana and flows into the Limpopo River where Botswana, Zimbabwe and South Africa meet. The confluence is at the site of the Greater Mapungubwe Transfrontier Conservation Area.
The mining industry of Botswana has dominated the national economy of Botswana since the 1970s. Diamond has been the leading component of the mineral sector since large-scale diamond production began in 1972 by Debswana. Most of Botswana's diamond production is of gem quality, resulting in the country's position as the world's leading producer of diamond by value. Copper, gold, nickel, coal and soda ash production also has held significant, though smaller, roles in the economy.
The mineral industry of Africa is the second-largest mineral industry in the world. Africa is the second largest continent, with 30.37 million square kilometre of land, which implies large quantities of resources. With a population of 1.216 billion living there. For many African countries, mineral exploration and production constitute significant parts of their economies and remain keys to economic growth. Africa is richly endowed with mineral reserves and ranks first in quantity of world reserves of bauxite, cobalt, industrial diamond, phosphate rock, platinum-group metals (PGM), vermiculite, and zirconium.
Tobane is a small village in the eastern part of Botswana about 20 km from the copper/nickel mining town of Selebi-Phikwe. The village has access to the town through a tarred road. The Motloutse River passes the village on the northeastern side. The village has a lot of facilities such as clean water from the Shashe dam, electricity, mobile phone connection through Orange, Bemobile and Mascom wireless. It also has landline service through Botswana Telecommunications Cooperation. There is a clinic, a primary school, and a junior school in the area. The population of the village is roughly 1925. The regent chief is Nametshego Nengu.
The mining landscape in Zambia covers production of multiple mineral raw materials, including Copper, Cobalt, Gold, Nickel, Manganese, Emeralds, Beryllium, myriad gemstones, Sulfur, Zinc, Coal, Iron Ore, Steel, Limestone, Uranium and other Platinum Group Metals. Mining has long been a significant primary sector industry and contributor to the Zambian Economy by providing export income, royalty payments and employment.
The Shashe Dam is a dam on the Shashe River in Botswana that was built to supply water to the industrial city of Selebi-Phikwe. The large village of Tonota lies just south of the dam.
The Phoenix mine is a large mine in the west of Botswana in the North-East District. Phoenix represents one of the largest nickel reserve in Botswana having estimated reserves of 329.7 million tonnes of ore grading 0.23% nickel. The 329.7 million tonnes of ore contains 0.78 million tonnes of nickel metal.
The Tati Goldfields are a mineral-rich band in Botswana and Zimbabwe in southern Africa. The band runs approximately 130 kilometres (81 mi) long by 5 kilometres (3 mi) wide, and crosses the Tati River. It is the southernmost of the gold-bearing bands in the Archaen greenstone (schist) belts of Zimbabwe. It is estimated that between 1866 and 1963 over 200,000 ounces of gold were produced from mines in the Tati Goldfields.
Lynette Armstrong is a Botswana accountant and corporate executive, who was appointed as the acting chief executive officer of Debswana Diamond Company Limited, the largest diamond-mining company in the world, by value. She was appointed to that position in August 2019. Before that, from December 2015 until August 2019, Armstrong was the chief financial officer at the same company.
References
- ↑ MIKESELL, RAYMOND F. (July 1984). "The Selebi-Phikwe Nickel/Copper Mine in Botswana". Natural Resources Forum. 8 (3): 279–290. doi:10.1111/j.1477-8947.1984.tb00498.x. ISSN 0165-0203.
- ↑ Ekosse, G-I; De Jager, L; Van den Heever, DJ (2008-06-18). "Headaches among residents within the Selebi Phikwe Nickel-Copper mining environment, Botswana". African Journal of Health Sciences. 13 (3). doi:10.4314/ajhs.v13i3.30835. ISSN 1022-9272.
- ↑ Machete, Mosadiotsile (2012). "A History of Coal and the Morupule Colliery, 1973-2005". Botswana Notes and Records. 44: 45–59. ISSN 0525-5090.
- ↑ "BCL doesn't stand for Bamangwato Concessions Limited". Sunday Standard. Retrieved 13 June 2019.
- ↑ "Nation still haunted by the BCL shut-down decision!". Botswana Guardian. Retrieved 13 June 2019.
- ↑ "6,000 jobs to go at state-owned mines in Botswana". IndustriALL. 2016-10-19. Retrieved 2022-05-29.