https://newsletter.mw.creamermedia.com
Botswana|Copper|Energy|Mining|Projects|Environmental
Botswana|Copper|Energy|Mining|Projects|Environmental
botswana|copper|energy|mining|projects|environmental

Botswana enforces new 24% local ownership rule for mines

Polished diamonds

Photo by Reuters

10th October 2025

By: Reuters

  

Font size: - +

Botswana has enforced a new rule requiring mining companies to sell a 24% stake in new concessions to local investors if the government chooses not to buy the stake, its mines ministry said on Friday.

The rule was proposed last year as part of draft legislation, but the government had not said when it would take effect.

The Mines and Minerals Act previously gave Botswana's government the right to buy a 15% shareholding in any mining concession upon being licensed, with an option for a higher stake in diamond projects.

The Southern African country is the world's top diamond producer by value and an emerging copper mining hotspot.

The Ministry of Minerals and Energy said in a statement that the rule requiring 24% local ownership in mining projects had entered into force on October 1.

As well as increasing local ownership of the country's mineral wealth, the law aims to promote local value-adding activities and ensure mining companies establish environmental rehabilitation funds.

When the amendment to the Mines and Minerals Act was being debated in parliament, the former mines minister said local investors could buy stakes in concessions with the help of domestic pension funds.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 
Invincible Valves
Invincible Valves

Established in 1982, Invincible Valves is a medium-sized enterprise in Germiston, serving global and local markets.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine Cover Image
Magazine round up | 21 November 2025
21st November 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.156 0.236s - 128pq - 2rq
Subscribe Now