Monday, May 23, 2022
  • Login
Upgrade
The Southern African Times
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
The Southern African Times
No Result
View All Result
Home Just In

Botswana looks to Asian market for coal exports

by SAT Reporter
August 1, 2021
in Just In
0
Botswana looks to Asian market for coal exports
0
VIEWS

GABORONE, (The Southern African Times) – Despite being the world’s large diamond producer by value, Botswana has more than 200 billion tons of untapped coal reserves, the acting chief executive officer of the Minerals Development Company Botswana, Robson Mugomba, said.

“The country has good resources which are close to the surface. And we are looking forward to opening six new coal mines in a not so distant future,” Mugomba told Xinhua in a telephone interview following a recent virtual Africa Guangdong Business Association meeting.

According Mugomba, Botswana is intending to kick start the coal mining industry with investors from the largest global coal consumer, China.

According to a study released in June, China, India, Indonesia, Japan, and Vietnam are producing around 80 percent of all Asian coal, with plans to develop over 600 coal power units. Together, the projects are expected to produce around 300 gigawatts of energy.

In a separate interview, Charles Siwawa, the chief executive officer of the Botswana Chamber of Mines, said Botswana’s coal is still in demand between now until it has been replaced by other cleaner forms of energy.

“It is upon Botswana to fully utilize the window,” said Siwawa, adding that the developed world has been given up to 2030 to phase out fossil fuels while developing countries has got until 2050 to exploit the fossils.

“We have a lot of coal and even if we gain a lot of money through exporting of coal all over the world,” said Siwawa, adding that Botswana has got a potential of generating over a billion on annual basis through exporting coal. 

Previous Post

South African official floats ‘debt for climate’ plan for Eskom

Next Post

Springboks beat Lions 27-9 to set up series decider

SAT Reporter

Related Posts

Meet Mukuru one of Africa’s fastest-growing Fintech firms in 2022
Finance

Meet Mukuru one of Africa’s fastest-growing Fintech firms in 2022

by SAT Reporter
May 23, 2022
West African Startup Autochek Acquires Morocco’s Online Car Market Kifal
African Start ups

West African Startup Autochek Acquires Morocco’s Online Car Market Kifal

by SAT Reporter
May 23, 2022
Biden launches economic framework aimed at countering China
Asia

Biden launches economic framework aimed at countering China

by SAT Reporter
May 23, 2022
African leaders to attend 2022 World Economic Forum in Davos
Business

African leaders to attend 2022 World Economic Forum in Davos

by SAT Reporter
May 23, 2022
Senegal president to visit Moscow, Kyiv for the African Union
International news

Senegal president to visit Moscow, Kyiv for the African Union

by SAT Reporter
May 23, 2022
Next Post
Springboks beat Lions 27-9 to set up series decider

Springboks beat Lions 27-9 to set up series decider

Premium Content

Moove raises $105M to scale its vehicle financing product across Asia, Europe and MENA

Moove raises $105M to scale its vehicle financing product across Asia, Europe and MENA

March 15, 2022
Big increase in people looking to leave South Africa

Big increase in people looking to leave South Africa

July 19, 2021
Bloody clashes in Belarus as West condemns crackdown after election

Bloody clashes in Belarus as West condemns crackdown after election

August 11, 2020

Browse by Category

  • African Continental Free Trade Area
  • African Start ups
  • Algeria
  • Analysis
  • Angola
  • Asia
  • BOTSWANA
  • Botswana
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Cameroon
  • Central Africa
  • China
  • Climate Change
  • Climate Changev
  • Congo Republic
  • COVID 19
  • Culture
  • Democratic Republic of Congo
  • Eastern Africa
  • Egypt
  • Entertainment
  • Environment
  • Ethiopia
  • Europe
  • Fashion
  • Finance
  • Food
  • Food and Drink
  • Foods
  • Ghana
  • Global
  • Guinea
  • Health
  • Immigration
  • in Southern Africa
  • International news
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Middle East
  • Mozambique
  • Namibia
  • Nigeria
  • North Africa
  • Opinion
  • Politics
  • Rwanda
  • Senegal
  • Seychelles
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Tanzania
  • Tech
  • Togo
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • ZIMBABWE
  • Zimbabwe

Browse by Tags

African business news Africa New Africa News african footballer African investments African manufacturing industry African news African start-up Business Classic Content coronavirus Cyclone Idai Egypt Explore Bali Finance Foods football Health Hopewell Mauwa kwacha Life Style mali news Market Stories MthuliNcube news Odion Ighalo Oilandgas Pandemic Premium reserve bank of Zambia Russia soccer South Africa Southern African News sports Stay Home United Stated Vaccine Work From Home Wuhan Zambia Zimbabwe Zimbabwe Harare Manufacturing Africa Employment creationn Zimbabwe job creation

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and the world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Facebook Twitter Youtube Instagram Rss

Copyright © 2022 The Southern African Times | Powered by The Southern African Times

Privacy Policy

Terms and Conditions

  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?