MASISI SHUFFLES CABINET

Carter Morupis, Permanent Secretary to the President and Secretary to Cabinet announced  that His Excellency the President has made the following changes to his Cabinet with immediate effect:

(i) Honourable Dr. Unity Dow: transferred from the Ministry of Infrastructure and Housing Development to that of International Affairs and Cooperation;

(ii) Honourable Vincent Tina Seretse: transferred from the Ministry of International Affairs and Cooperation to that of Infrastructure and Housing Development.

Statistics Botswana commemorates – world day to combat desertification

Statistics Botswana among the multitudes exhibiting its products and services at the commemoration of World Day to Combat Desertification in Ntlhantlhe Village, Southern District under the theme “Land has True Value. Invest in It”

The main purpose of this day was to promote public awareness on issues of land degradation and drought, and the implementation of the United Nations Convention to Combat Desertification (UNCCD) in those countries experiencing serious drought and/or desertification, particularly Africa.

Gem declares $18.3m in payments to Lesotho, Botswana governments

Gem Diamonds paid just over $18.3-million to the governments of Lesothoand Botswana for extractive activities completed in the financial year ended December 31, 2017. Mining Weekly reports.

Of this amount, about $18.1-million was paid to the government of Lesotho, with the balance of $230 000 paid to the Botswana government.

The payment to Lesotho included taxes of about $229 000 and $17.8-million in royalties.

The $230 000 payment to Botswana comprised only royalties.

Botswana notifies WTO of foot and mouth disease outbreak

GENEVA (Reuters) – Botswana notified its trading partners on Tuesday of a suspected outbreak of foot and mouth disease in cattle in its Ngamiland district and said it had banned meat exports from the area, adding there was no impact on exports to the European Union.

In a filing published by the World Trade Organisation, Botswana said officials from its Department of Veterinary Services found five animals with signs of the disease in Ngamiland in the north of the country, an area bordering Namibia and Zimbabwe.

“As a result of these findings the slaughter and movement of all cloven hoofed animals and their fresh products within and out of the Sehithwa, Toteng, Bodibeng, Kareng and Semboyo extension areas are suspended until further notice,” it said.

“Export of all meat products from export slaughter and processing plants produced in the last 30 days in Ngamiland is suspended.”

Vaccinations had begun, the filing said.

Foot and mouth is a highly contagious and sometimes fatal disease affecting hoofed animals such as sheep, goats, cattle, buffalo and pigs, although it is not a direct threat to humans.

Botswana Holds Interest Rate at Lowest Since at Least 2007

Botswana’s central bank held its key interest rate at the lowest since at least 2007 as subdued demand contributes to a benign inflation outlook.

The Monetary Policy Committee kept the rate at 5 percent, Governor Moses Pelaelo told reporters Tuesday in the capital, Gaborone. It was reduced in October.

Downside risks to the outlook include restrained global activity, protectionist policies and geopolitical pressures, while upside risks include a potential increase in prices for services such as power, he said.

Botswana is a landlocked country of about 2.2 million people that’s roughly the size of Texas. It’s the world’s biggest diamond producer after Russia and has Africa’s highest credit rating at Moody’s Investors Service.