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Sunday, August 24, 2025
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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.

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