Botswana’s minerals and energy sector is undergoing significant transformation, driven by reforms, strategic planning and increased governance oversight aimed at strengthening long term economic growth. This progress was outlined yesterday by the Permanent Secretary in the Ministry of Minerals and Energy, Mr Donald Gaetsaloe, during the presentation of the Ministry’s Governance Assurance Report. The report provided a detailed account of performance achievements, key milestones and ongoing initiatives within the sector. It also highlighted the sector’s critical role in supporting national development and expanding investment opportunities. The presentation reflected a clear focus on building a more competitive, transparent and sustainable minerals economy for the country.
A central highlight of the report was the commencement and rollout of the Mines and Minerals Act under the Ministry of Minerals and Energy Ministry of Minerals and Energy Botswana. The Act is being introduced to the public as part of efforts to create a more investor friendly and well regulated mining environment. It aims to improve governance of mineral resources while ensuring sustainable development practices are upheld across the industry. The legislation also introduces stricter penalties to discourage illegal mining activities and strengthen compliance measures. A notable amendment within the Act increases the potential government stake in new mining investments from 15 percent to 24 percent, with provisions allowing citizens to acquire the stake if government chooses not to participate. This adjustment is designed to enhance national participation in the sector while maintaining a balanced investment climate.
The Ministry has also completed the Mineral Resources Development, Exploration, Exploitation and Value Chain Strategy, known as MRDEEVC. This strategy is designed to guide the transformation of Botswana’s mining sector into a more diversified and innovation driven industry. It places strong emphasis on value addition, local beneficiation and job creation across the mineral value chain. The strategy also supports exploration and exploitation activities that can unlock new mineral resources and extend the life of existing mining operations. By focusing on the full value chain, the government aims to reduce reliance on raw mineral exports and increase domestic economic benefits. This approach aligns with long term national goals of industrial diversification and sustainable economic expansion.
Performance within the mining sector continues to show strong momentum, with several major projects contributing to growth and production stability. The expansion of the Khoemacau Copper Mine is expected to double production capacity, significantly increasing copper output in the coming years. At the Jwaneng mine, underground development is underway to extend the life of the mine and secure long term diamond production. The Karowe underground project is also progressing, with the aim of extending operations beyond the current open pit lifespan. In addition, the Morupule Motheo open pit resuscitation project is expected to boost production and strengthen overall mining output. These developments demonstrate the sector’s continued importance in supporting Botswana’s economic performance and export earnings.
In the diamond sector, the government has placed increased focus on citizen participation and market positioning. Through the Okavango Diamond Company Okavango Diamond Company, a citizen only sales channel has been established to support local participation in the diamond value chain. This initiative is intended to ensure that citizens have direct access to opportunities within one of the country’s most valuable industries. It also reflects a broader commitment to inclusive economic growth and empowerment within the minerals sector. By strengthening citizen involvement, the government aims to distribute benefits more widely and support sustainable development.
The Government of Botswana has also launched and is implementing the Botswana Diamond Marketing and Promotions Strategy to strengthen the country’s global position in the diamond industry. This strategy seeks to reinforce Botswana’s reputation as a leading source of ethically sourced natural diamonds in international markets. It focuses on enhancing brand visibility, improving market access and promoting responsible sourcing practices. The strategy is also designed to support long term demand stability for Botswana’s diamonds by aligning with global consumer expectations. Through coordinated marketing efforts, the country aims to maintain its competitive edge in a changing global market.
Overall, the Governance Assurance Report presented by Mr Donald Gaetsaloe highlights a period of structured reform and measurable progress within the minerals and energy sector. The combination of legislative updates, strategic planning and large scale mining developments demonstrates a clear direction toward a more diversified and resilient economy. The government’s focus on citizen participation, value addition and sustainable resource management reflects a long term vision for inclusive growth. With ongoing investments in infrastructure, policy reform and market development, the sector is positioned to remain a key driver of Botswana’s economic future. The report underscores a commitment to strengthening governance while ensuring that mineral wealth translates into broad based national development.
