A noble and dedicated candidate who also served as a member of the Association of Chartered Certified Accountants (ACCA) panel in Botswana. He has served with enthusiasms and integrity over the past 10 years in an audit and accounting environment. His accounting experience includes public and private sector and diverse industries, including non-profit NGOS. Driven by passion after achieving all the required experience, He formed Mamlathan & Associates and became the managing partner of this Audit Tax & Advisory firm as well as Whiteprint (PTY)LTD on the accounting side.

Over the years, he has shared his knowledge in different platforms encouraging, guiding and mentoring students, affiliates and members in their Association of Chartered Certified Accountants (ACCA) journey and also served as an ACCA advocate. His journey began in 2013 when he got his Association of Chartered Certified Accountant (ACCA) qualification and started one of the fast-growing firm in2014, located in Botswana. It is focusing on consultation, audit as well as tax and advisory.

As Association of Chartered Certified Accountant (ACCA) member he embraced several business opportunities as a Practicing partner and would like to contribute in the Global Strategy and Governance of ACCA. He is standing proudly as ACCA Fellow Member and would like to make all members proud of their ACCA membership as a Global Dynamic Accounting Body. Mr. Mompati Kgaimena is aware and mindful of the challenges faced by members and students of ACCA, particularly in new and developing markets, especially now that the African industries are growing. The contribution he is willing to bring as council member will add value in accounting and business, in line with Sustainable Development Goals (SDG’s). His wish is to serve on the Council and be involved at the strategic level, examining issues of wider reaching and longer-term importance and help in establishing ACCA’s position on global issues.

Read more: https://www.cnbc.com/2019/11/21/trump-signing-hong-kong-rights-bill-could-hurt-us-china-relationship.html

As in any market, there will be losers and winners—some of which are already emerging. This article presents reflections from five of Africa’s leaders. Taken together, their insights illustrate what is needed to thrive on the continent. Nadia Fettah, CEO of Saham Finances, describes the strategic revitalization of the Moroccan insurance company she leads. James Mwangi, the CEO of another financial-services player, Equity Bank, explains how his company has innovated its business model to boost financial inclusion. Aliko Dangote, who has transformed a trading company into a large-scale manufacturer, elaborates on the resilience he’s trying to build into Dangote Industries and how he hopes this will help the company thrive far into the future.

This deal, which follows one for the development of potential vaccines in the field of mycoplasma gallisepticum, will allow ECO to “further develop, register and commercialize a live attenuated mycoplasma synoviae vaccine for poultry” developed by the university.

ECO Non-Executive Chair Peter Lawrence explained mycoplasma synoviae is a bacterium that affects breeding birds worldwide, resulting in a 5% to 10% loss in egg production in affected flocks.

The Masama Coal Mine aims to produce 1.2 million tonnes per annum of coal and will target the South African market as well as other countries in the region, Minergy Chief Executive Andre Boje said.

“We should ramp up to the nameplate volume of 300,000 tonnes per month by June/July 2019. Our target market is the southern African region at 1.2 million tons per annum, using a combination of road and rail transport,” Boje added.

The open cast mine and associated coal wash plant is located 60 km (37 miles) northwest of Botswana’s capital Gaborone and is being developed at a cost of 400 million pula ($39 million).

The Masama mine is estimated to hold 390 million tonnes of coal reserves.

($1 = 10.3627 pulas)

“Having stabilized and significantly improved our mining operations at Karowe in 2018, Lucara is now focused on optimizing the base business and pursuing a suite of high potential, organic growth opportunities,” said chief executive Eira Thomas in the firm’s operating outlook for 2019.

Read more on this: http://www.mining.com/lucara-diamond-focus-bostwana-mine-year/

Following in the footsteps of the world’s No. 1 diamond miner, De Beers, which is testing a blockchain technology-based platform aimed at clearing the supply chain of imposters and conflict diamonds, Tiffany has begun tracing each of its individually registered diamonds (0.18 carats and larger) by a unique serial number.

Read more on: http://www.mining.com/tiffany-joins-top-diamond-miners-disclosing-origins-gemstones/

In a statement, the company described the unnamed new investor as “a large diamond producer with new ideas and keen to find new kimberlites in Botswana,” adding that the potential new partner will acquire about 50% of Sunland.

Botswana Diamonds said it anticipated the fresh investor would “step into the exploration shoes of Alrosa,” the world’s top diamond producer by output, with work beginning in the first half of 2019.

Read more on: http://www.mining.com/botswana-diamonds-buys-alrosas-stake-sunland-minerals-joint-venture/

At its 14 and 15 August monetary policy meeting, Bank Indonesia (BI) raised the seven-day reverse repo rate by 25 basis points to 5.50%. The decision took analysts by surprise and marked the fourth rate hike so far in 2018. In addition, the Bank increased the deposit facility rate and lending facility rate by 25 basis points each to 4.75% and 6.25%, respectively.

The Central Bank’s move aims to buttress the rupiah, which has continued to depreciate against the dollar over the last month despite previous monetary tightening. Rupiah weakness is being driven by strong economic growth in the U.S. and rising global uncertainty—exacerbated recently by the precipitous collapse of the Turkish lira, which has led to ripple effects across other emerging market currencies, including Indonesia’s. In addition, the external sector has weakened considerably so far this year; import growth has massively outpaced export growth, and the current account deficit in Q2 reached a multi-year high, putting further downward pressure on the currency. Internally, domestic price pressures remain moderate, pinned down by government price controls on electricity and fuel. At 3.2%, inflation in July was well within the Bank’s target range of 2.5%-4.5%.

Tighter monetary policy will go hand-in-hand with government measures announced in mid-August to restrict surging imports and encourage greater import substitution in order to support the currency. Measures include raising the amount of domestic palm biodiesel blended into fuel, a 7.5% tariff on imports deemed unnecessary, and delays to government projects with a heavy import content. According to the government, the biodiesel mandate alone could trim crude imports by USD 2.3 billion this year.

The Bank did not offer any explicit guidance as to the future direction of monetary policy, although future changes to rates are likely to continue to depend mainly on external developments. With the U.S. Federal Reserve set to raise the Federal Funds Target Rate several times over the next year, Bank Indonesia is likely to tighten monetary policy further going forward in order to protect the currency.