• CHOPPIES – FINANCE MANAGERJune 30, 2025
    RelatedPosts CHOPPIES – FINANCE MANAGER LIQUID INTELLIGENT TECHNOLOGIES BOTSWANA – SOLUTIONS ARCHITECT LIQUID INTELLIGENT TECHNOLOGIES BOTSWANA – HEAD OF SALES
  • BTCL enjoys strong growthJune 30, 2025
    Revenue jumps 4% to P1.49 billion Strong 2024 growth attributed to strategy Profit before Tax reaches P259 million, up 30%   BAKANG TIRO RelatedPosts BTCL enjoys strong growth Motsepe, Butterfly’s last laugh From tenderpreneurship to true entrepreneurship editors@thepatriot.co.bw BTCL… Read more: BTCL enjoys strong growth
  • Motsepe, Butterfly’s last laughJune 30, 2025
    Court orders Botswana govt to apologise to Bridgette Motsepe Apology to cover Ian Khama, Isaac Kgosi, Welheminah Maswabi Botswana to settle huge legal bills, costs for publishing apologies As former President Mokgweetsi Masisi’s blunder haunts Botswana STAFF WRITERS editors@thepatriot.co.bw… Read more: Motsepe, Butterfly’s last laugh
  • From tenderpreneurship to true entrepreneurshipJune 27, 2025
    BAKANG PHUTHEGO BUSINESS WITH BK RelatedPosts BTCL enjoys strong growth From tenderpreneurship to true entrepreneurship Digital Public Infrastructure as a Strategic Imperative   In the early years after independence, Botswana stood out as a model of stability and sound… Read more: From tenderpreneurship to true entrepreneurship
  • Digital Public Infrastructure as a Strategic ImperativeJune 27, 2025
        RelatedPosts BTCL enjoys strong growth From tenderpreneurship to true entrepreneurship Digital Public Infrastructure as a Strategic Imperative Dr Dimakatso Polokelo  Digital public infrastructure (DPI) is emerging as a core component of socio-economic advancement. For African economies navigating… Read more: Digital Public Infrastructure as a Strategic Imperative
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
  • Login
  • Register
Wednesday, July 2, 2025
17 °c
Gaborone
21 ° Tue
22 ° Wed
24 ° Thu
26 ° Fri
The Patriot On Sunday
Subscribe
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result
Home Business

Botswana attractive to mining investors

patriot by patriot
May 12, 2021
in Business
240
0
Managing Director of Lucara Botswana, Naseem Lahri

Managing Director of Lucara Botswana, Naseem Lahri

491
SHARES
1.4k
VIEWS
ShareShareShare

Fraser Institute ranks Botswana as best in Africa

Botswana has a modest attractive mining policies

RelatedPosts

BTCL enjoys strong growth

From tenderpreneurship to true entrepreneurship

Digital Public Infrastructure as a Strategic Imperative

Lucara MD Lahri hail political stability for success

BAKANG TIRO

editors@thepatriot.co.bw

The Fraser Institute Annual Survey of Mining Companies 2020 report has placed Botswana as the highest ranking country in Africa on attractive mining policies in Africa.

Fraser mining survey indicated that no country in Africa is rated before Botswana when it comes to boosting exploration in investment as per survey’s investment attractiveness index indicator.

According to the survey, Botswana is the highest ranked jurisdiction in Africa on policy, ranking 15th (of 77) in 2020, after ranking 22nd (of 76) in 2019 thus making Botswana the mining centre piece.

“Botswana’s increase in its PPI score (almost 8 points) reflects decreased concerns over labour regulations and employment agreements (-43 points), its taxation regime (-33 points), and the uncertainty concerning protected areas (-29 points),” the survey said while assessing Botswana.

Botswana is also the most attractive jurisdiction in Africa when considering both the policy and mineral potential ranking 11th out of 77 countries globally in overall investment attractiveness.

Three African countries—Zimbabwe (75th), Tanzania (72nd), and the Democratic Republic of Congo (70th)—ranked in the bottom 10 of the survey rankings this year based on the policy aspect.

“Zimbabwe was also amongst the bottom 10 in the previous eight years. Based on their overall investment attractiveness two African jurisdictions were ranked in the global bottom 10: Tanzania (75th) and Zimbabwe (70th). The median score for Africa on the investment attractiveness index showed an increase of 9 points this year,” the survey underscored proposing for policy shifts in the countries.

Managing Director of Lucara Botswana, Naseem Lahri said political stability is the reason why Botswana is faring better than other countries, adding that it has stable mining policies as well.

Lahri indicated that from the diamond perspective of a privately owned company, Lucara never struggled to get extension of mining license for Karowe mine thus showing stability of policies.

“In some mining jurisdictions it is not easy for private mining companies like ours to have their licenses renewed but here in Botswana is possible. Once our underground expansion feasibility was completed our mining license was renewed. This shows accommodative policies,” she said in an interview.

Lahri said Lucara is committed to lure investors to Botswana taking the advantage of the friendly mineral exploration policies, adding that government will benefit from the investments. The company brought Botswana economic stakeholders together with one of the world’s best chamber of commerce – the Canada-Africa Chamber of Business to dialogue – in a virtual conference last year.

“We are keen on attracting more investors from Canada and the rest of the world to Botswana. We anticipated holding the Canada Africa Chamber Business in Botswana live this year in April but due to Covid-19 it didn’t materialise. We will do something before end of this year and we will invite Prime Minister of Canada. Unfortunately Canada is now back on lockdown,” said Lahri.

Meanwhile, Mali according to the 2020 survey is second most attractive jurisdiction when only policies are considered, ranking 37th (of 77) this year after ranking 65th (of 76) in the year 2019.

Mali’s PPI score increased considerably by almost 33 points as investors expressed a decreased concern over availability of labour and skills which decreased significantly by -75 points in 2020. The top jurisdiction in the world for investment based on the Investment Attractiveness Index is Nevada, which moved up from 3rd place in 2019 and Arizona moved into 2nd place after ranking 9th in past year.

Fraser Institute, the Canadian based public policy think tank, through the survey assesses how the mineral endowments and public policy factors such as taxation and regulatory uncertainty affect exploration investment through the Investment Attractiveness Index and Policy Perception Index. 

The survey was circulated electronically to approximately 2,200 individuals between August 6th to November 6th, 2020 and responses were tallied to assess the countries based on the extent that public policy factors encourage or discourage mining investment across 77 surveyed jurisdictions.

Related

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

Dr Madigela’s comeback

Next Post

‘Bring more girls to sport’

Related Posts

BTCL enjoys strong growth
Business

BTCL enjoys strong growth

June 30, 2025
From tenderpreneurship to true entrepreneurship
Business

From tenderpreneurship to true entrepreneurship

June 27, 2025
Digital Public Infrastructure as a Strategic Imperative
Business

Digital Public Infrastructure as a Strategic Imperative

June 27, 2025
Be a problem solver – Tips from tech-preneur Mothooagae
Business

Be a problem solver – Tips from tech-preneur Mothooagae

June 25, 2025
BoB warns banks
Business

BoB warns banks

June 23, 2025
BIHL blames Letshego for earnings decline
Business

BIHL blames Letshego for earnings decline

June 17, 2025
Next Post
‘Bring more girls to sport’

'Bring more girls to sport'

Please login to join discussion
  • CHOPPIES – FINANCE MANAGERJune 30, 2025
    RelatedPosts CHOPPIES – FINANCE MANAGER LIQUID INTELLIGENT TECHNOLOGIES BOTSWANA – SOLUTIONS ARCHITECT LIQUID INTELLIGENT TECHNOLOGIES BOTSWANA – HEAD OF SALES
  • BTCL enjoys strong growthJune 30, 2025
    Revenue jumps 4% to P1.49 billion Strong 2024 growth attributed to strategy Profit before Tax reaches P259 million, up 30%   BAKANG TIRO RelatedPosts BTCL enjoys strong growth Motsepe, Butterfly’s last laugh From tenderpreneurship to true entrepreneurship editors@thepatriot.co.bw BTCL… Read more: BTCL enjoys strong growth
  • Motsepe, Butterfly’s last laughJune 30, 2025
    Court orders Botswana govt to apologise to Bridgette Motsepe Apology to cover Ian Khama, Isaac Kgosi, Welheminah Maswabi Botswana to settle huge legal bills, costs for publishing apologies As former President Mokgweetsi Masisi’s blunder haunts Botswana STAFF WRITERS editors@thepatriot.co.bw… Read more: Motsepe, Butterfly’s last laugh
  • From tenderpreneurship to true entrepreneurshipJune 27, 2025
    BAKANG PHUTHEGO BUSINESS WITH BK RelatedPosts BTCL enjoys strong growth From tenderpreneurship to true entrepreneurship Digital Public Infrastructure as a Strategic Imperative   In the early years after independence, Botswana stood out as a model of stability and sound… Read more: From tenderpreneurship to true entrepreneurship
  • Digital Public Infrastructure as a Strategic ImperativeJune 27, 2025
        RelatedPosts BTCL enjoys strong growth From tenderpreneurship to true entrepreneurship Digital Public Infrastructure as a Strategic Imperative Dr Dimakatso Polokelo  Digital public infrastructure (DPI) is emerging as a core component of socio-economic advancement. For African economies navigating… Read more: Digital Public Infrastructure as a Strategic Imperative
The Patriot On Sunday

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?