Fura Gems, of Canada, has acquired the largest licensed area – 1,104 square kilometres – for ruby exploration in Mozambique, after the conclusion of a merger of mining assets with Australian companies Mustang Resources Ltd and Regius Resources Group Ltd, the mining company said in a statement on Monday. ...Read More

Johannesburg – South Africa’s power utility, Eskom, says job cuts cannot be ruled out to afford the 7.5% salary increase offer that it tabled to its unions. ...Read More

Angolan public debt and accounts are only expected to be out of the red-zone and normalise by 2020 with state revenues, especially from taxes, expected to improve. ...Read More

Gaborone - Debswana Diamond Mining Company and its workers are at each other’s throats over the decision by the former to install X-ray machines at its mines amid fears of possible health effects of the move, it has emerged. ...Read More

Gaborone - Struggling national carrier, Air Botswana, has added two planes to its fleet after a recent P290 million cash injection from the government. Franco-Italian aircraft manufacturer, Avions de Transport Régional (Toulouse Blagnac) confirmed an agreement with Air Botswana for the purchase of two ATR72-600s. ...Read More