Saturday, August 16, 2025
12.8 C
Gaborone

Kenewendo Rallies Mining Sector to Bolster Economy at Future of Mining Summit

The Minister of Minerals and Energy Bogolo Kenewendo has urged stakeholders in the mining sector to unite in ensuring the industry remains a key driver of Botswana’s economic growth.

She made the call while officiating the Future of Mining Summit, on Monday in Gaborone.

Addressing over 1,000 delegates at the two-day conference between 16 and 17th June, Kenewendo reaffirmed that “Botswana is, by all means, a mining economy.” Her remarks came amid global shifts, particularly a downturn in the diamond market, which has traditionally been the backbone of the country’s economy.

“We are facing challenges, especially as the global diamond industry experiences a downturn,” she said. “Even in the face of adversity, there are abundant opportunities waiting to be unlocked—not only within the diamond sector, which remains the mainstay of our economy, but also in other minerals with enormous potential, especially critical minerals such as copper.”

The minister revealed that her ministry is currently developing a comprehensive mineral resource strategy, aimed at addressing challenges in the exploration, development, and beneficiation of mineral resources. The strategy will also serve as a blueprint for attracting sustainable investment and fostering greater citizen participation across the value chain.

“Government’s ambition goes beyond extraction,” Kenewendo said. “Our agenda is now focused on downstream capacity—refining, smelting, and manufacturing.”

She further emphasised Botswana’s positioning within the Kalahari Copper Belt, highlighting it as a strategic asset in responding to global demand shifts and attracting diversified investment.

Kenewendo concluded by stressing that while the sector must continue adapting to global market dynamics, Botswana’s mining future lies in innovation, beneficiation, and inclusivity, particularly for local communities and enterprises.

Hot this week

President Boko Commends Table Bay Logistics for Advancing Botswana Beef Exports

President Duma Boko has praised Cape Town-based Table Bay...

Botswana President Buttresses Need for Water Security at Cape Town Summit

President Duma Gideon Boko has unveiled Botswana’s ambitious vision...

Bangwato May Forgive, But Should Never Forget the BDP For What It Truly Is

Boemo Phirinyae The BDP can huff and puff as it...

Botswana and Türkiye Forge Stronger Ties in Historic Agreement

In a landmark development signaling a new era of...

Is Botswana’s Economic Transformation Plan a Desperate Measure Or A Call for Citizens to Rise to the Occasion?

Boemo Phirinyane On July 15th, 2025, the Government of Botswana,...

Topics

President Boko Commends Table Bay Logistics for Advancing Botswana Beef Exports

President Duma Boko has praised Cape Town-based Table Bay...

Botswana President Buttresses Need for Water Security at Cape Town Summit

President Duma Gideon Boko has unveiled Botswana’s ambitious vision...

Botswana and Türkiye Forge Stronger Ties in Historic Agreement

In a landmark development signaling a new era of...

Protecting Botswana’s New Diamond, Why Electronic Fiscal Devices Are Worth the P4 Billion Bet

Tumelo Rannau For decades, Botswana’s fiscal lifeline has been diamonds....

President Duma Boko Launches Botswana Economic Transformation Plan Labs

President Advocate Duma Boko has officially launched the Botswana...

BOCRA Announces Introduction of Living Wage

Botswana Communications Regulatory Authority (BOCRA) has announced the introduction...
spot_img

Related Articles

Popular Categories