Archive for March 31st, 2008
History will be made on Monday when President Festus Mogae hands over the reins of power to Lt. General Ian Khama. In a region where incumbent presidents and their cohorts unashamedly manipulate constitutions to extend their term in office, we have reason to be proud as Batswana that such undemocratic tendencies are a heresy we eschew.
For it is ingrained in us as a people that transfer of power ought to be orderly and smooth. This is as much to the credit of President Mogae as it is to the people of Botswana who have internalised democracy to the point where it now seeps through our public actions.While we still have questions about automatic succession, we are not unduly perturbed because by means of another of our traditions – consultation – we will exercise our minds and arrive at a solution without spilling so much as a drop of blood, or even thinking about it. We as a newspaper wish to pay homage to Mogae for having led this nation well over the last 10 years, and for the many preceding years during which he served in various capacities as a [continue reading]
confirmed votes: 430.202
ZANU PF 47.2%
31 March, 2008
GABORONE – Out-going President Festus Mogae has expressed full confidence in his successor, Lt. Gen. Seretse Khama Ian Khama.
I am convinced that he will walk with you to many more victories, he said at his farewell party hosted by the Botswana Democratic Party in Gaborone.
He said as kgosi, the traditions, norms and values of people run through Geneneral Khamas veins, adding that he has also earned stars as army commander.
As a politician, he has played as a team member, contributed to strategy and supported his captain.
President Mogae noted that the actions of a democratic presidency need no elaboration or justification.
Thus, he described history as an efficient phenomenon to [continue reading]
Standard Chartered head of consumer banking, Africa region, RAHEEL AHMED is touring countries in the continent where the bank has operations. He was in Botswana this week and spoke to Staff Writer, BRIAN BENZA in Gaborone.
Mmegi: What is the contribution of the Botswana operations to Stanchart retail business
RA: Our retail business has continued to grow and they went up by about 17-18 percent and that has led to Botswana growing by about the same rate. So in overall terms, the growth rate has been the same but it is a much bigger contribution now than what it was in 2006 (when it was 35 percent).
Mmegi: Consumer banking has been a stronghold for the bank and [continue reading]
March 31 2008 at 12:09PM
Hikes in the petrol price will impact negatively on motorists and commuters’ disposable income, the Automobile Association of SA warned on Monday.
“The impact of the highest fuel prices ever in the history of transport in South Africa will without doubt be felt on the supermarket shelves within the next six to eight weeks as freight costs are passed on to the consumer,” the AA said in a statement.
The price of petrol will increase by a record 68 cents per litre at midnight on Tuesday, April 1, 2008, while the wholesale price for diesel is set to increase by R1,30 cents per litre. Illuminating paraffin will increase by R1,18 cents per litre.
Motorists will for the first time be paying in excess of R8,80 per litre of fuel in [continue reading]
In an effort to improve service to its valuable customers, the Botswana Housing Corporation has established a Call Centre which will officially go live on Tuesday April 1, 2008.
The purpose of the call centre is to allow customers to channel their reports and enquiries about BHC services, particularly in relation to maintenance and repair requests. The launch of the centre follows the Corporation’s decision to outsource its maintenance services to local private companies, also in an effort to improve service delivery and customer satisfaction. Customers will henceforth be expected to report and make enquiries on all matters relating to maintenance of their rented houses to the call centre, from where their enquiries will now be addressed. To contact the call centre, customers need to call number, 167 from their Botswana Telecommunications Corporation (BTC) phones (landline), or 3159902 from [continue reading]
31 March, 2008
GABORONE – Agricultural and trade economic consultant, Dr Howard Sigwele, has challenged local manufactures to educate themselves and be vigilant on trade agreements that government has entered into.
Speaking at a workshop hosted by Botswana Confederation of Commerce Industry and Manpower (BOCCIM), Dr Sigwele said some of the goods that Botswana had been exporting were due to regional and multilateral trade agreements that government has entered into.
Therefore it is important for local business people understand the agreements so that they can be aware of threats and opportunities.
These agreements are not only for accessing export markets but are also to source competitive imports and mobilise foreign direct investment to transform the economy, he said He said these agreements also address challenges such as limited industrialisation and infrastructure underdevelopment that were a major challenge to local business people.
Dr Sigwele however alerted the manufactures that they should be [continue reading]
After almost seven years of operation, the Citizen Entrepreneurial Development Agency (CEDA) continues to struggle in collecting loans from its clients.
CEDA is a government financial institution supporting viable and sustainable citizen businesses through loans at subsidised interest. The organisation’s research and public relations manager Oabile Regoeng said that they have a problem of low loan repayment and high operational costs. Part of the problem is poor performance by some of the businesses, due to competition in the small local market.
“As you might be aware, most of the businesses funded by CEDA fall within the Small Medium Micro Enterprises (SMME) category and they still lack the ability and know-how to competitively access the [continue reading]
31 March, 2008
MOLEPOLOLE – An agency formed to support citizen owned businesses has decided to objectively find the most effective and beneficial way of rationalising its present branch network.
Citizen Entrepreneurial Development Agency (CEDA) would in doing so consider its spatial office representation and not compromising the core mandate of funding and entrepreneurship development.
CEDAs Communication and Public Relations Manager, Mr Oabile Regoeng, said a business decision was taken based on the findings of last years review which was among several others undertaken to streamline operations, and to determine, assess the usefulness, economic size and efficiency of branch-network as well as to find the best way to continue serving its customers.
In response to some questions, Mr Regoeng said the rationalisation process resulted in the merger of Mahalapye and Serowe offices into one office and relocating to Palapye given its relative central location to equitably serve the people from [continue reading]
by Sebastian Nyamhangambiri Monday 31 March 2008
RESIDENTS view election results pasted at a polling station in Highfield suburb
HARARE – Zimbabwe’s opposition Movement for Democratic Change (MDC) party claimed a commanding lead in a presidential election, quoting unofficial results showing party leader Morgan Tsvangirai with 60 percent against 30 percent garnered by President Robert Mugabe.
MDC secretary general Tendai Biti told journalists in Harare: “From the 128 (House of Assembly) constituencies whose results we have calculated so far, we have 96 out of the 128 seats and Morgan Tsvangirai is at 60 percent, Robert Mugabe is at 30 percent.”
There are 210 House of Assembly seats altogther, all elective.
The party has been releasing unofficial results, which it says are collated from figures supplied by its officials on the ground in constituencies across the country. The MDC figures have shown the opposition party leading both in the presidential and parliamentary polls.
The Zimbabwe Electoral Commission, which has dismissed the [continue reading]
Institute for War & Peace Reporting (London)
31 March 2008
Posted to the web 31 March 2008
In what can best be described as a shock result, President Robert Mugabe and his ruling ZANU-PF party are about to announce victory for Mugabe in the parliamentary and presidential elections, according to unofficial results leaked from the ZANU-PF and Zimbabwe Electoral Commission, ZEC, command centres.
But sources within the ZEC centre – newly christened the National Collation Centre – say Mugabe clearly lost the election to his opposition rival Morgan Tsvangirai, polling only 20 per cent of the vote. He is also said to trail Simba Makoni who garnered 28 per cent.
Tsvangirai is said to be leading but just failed to get the requisite 50 per cent plus one vote. According to ZANU-PF sources at the collation centre, ZEC is about to announce that the ruling party won by 111 seats, with some [continue reading]
Botswana Democratic Party (BDP) members yesterday rebelled and rejected an amendment to their party constitution giving their party president powers to discipline party members. A majority vote also rejected a proposal to increase the term of office for the party’s central committee to five years from the current two.
The BDP holds its congress and elections every two years. The party was gathered at Boipuso Hall in Gaborone to vote for or against 18 proposed constitutional changes following a task force led by BDP Women’s wing chairperson Tebelelo Seretse.
There has been a concern that the constitutional amendments were a threat to the BDP’s democratic fibre, with party cadres signaling worry that the proposed reforms sought to transfer power from party structures to the [continue reading]
source: Sunday Stundard
by Sunday Standard Reporter
29.03.2008 1:25:50 P
The tri-listed copper miner, African Copper Plc, intends to issue P 200 million bond aimed at raising cash, part of which will be used to turn Dukwi and Mosetse villages—near its Mowana mine — into a township.
The company, which is due to commission its first mine ever at the end of April this year, has already made an application to the Botswana Stock Exchange ( BSE) with the view of listing the bond at a later date.
Joe Hamilton, Chief Executive Officer of African Copper, told The Sunday Standard on Friday from Canada that the ‘deal on the issuance of the bond will be closed on Monday” and the money will be used for the development of the Mowana mine and general [continue reading]
Botswana and France have recently signed the Cooperation Outline Agreement for the teaching of French Language in Botswana.
The agreement was signed by the Minister of Foreign Affairs and International Cooperation Lieutenant General Mompati Merafhe and Alain Joyandet, the French Minister for State Cooperation and Francophony.
Commenting on the signing of the event, Merafhe said, “French is undeniably one of the major languages spoken worldwide and as such, we have recognised the importance of including it in our school curriculum,” Merafhe said.
“The teaching of French will go a long way towards opening opportunities for our people in [continue reading]
source: SW Radio Africa
NB: SWRA phoned Mr. Mlilo who said he wanted to double check this information as someone had told him it was incorrect. We called him back and he stands by this story.
Military prevents Tsvangirai victory
The MDC US Representatives are reliably informed that the Zimbabwe Electoral Commission (ZEC) will, within the next 2-4 hours declare Robert Mugabe the victor of Zimbabwe’s Presidential election. The military brass in Zimbabwe met earlier today and decided to instruct the ZEC to declare Mugabe the winner. This is being done despite results showing that the opposition Movement for Democratic Change has won a great majority of the parliamentary seats and its Presidential candidate is ahead in the already counted votes by about 68%.
The ZEC was given 2-4 hours to allow the military to deploy in all the major urban areas to crush any potential revolt by Zimbabweans. We, the MDC representatives in the US are awaiting further developments on this issue but we call [continue reading]