Archive for May 21st, 2008
The May fuel price adjustment by the Ministry of Minerals, Energy and Water Resources saw the price of petrol shooting to around P7 while diesel prices have shot past P8, effective yesterday morning.
As from last month, fuel prices are now being adjusted on a monthly basis in line with the continued increase of oil prices on international markets.
In a statement released on Sunday, the Permanent Secretary in the ministry, Gabaake Gabaake, said both unleaded and leaded replacement petrol will increase by 65thebe per litre, while diesel will increase by 75thebe per litre.
The latest ‘pocket-turning’ price increases will hit the poor particularly badly as the price of paraffin, which is mostly used by low-income earners for energy, also went up by 62thebe per litre.
“The price increase is caused by continuing worldwide increases in crude oil prices. Crude oil averaged about US$103 per barrel in March 2008 and US$109 in April 2008. Prices have continued to increase and stood at US$122.03 May 2008.
“Government will continue to monitor the price of [continue reading]
source: Sunday Standard
by Godfrey Ganetsang
20.05.2008 10:02:41 A
Minerals, Energy and Water Resources Minister, Ponatshego Kedikilwe, has reiterated the commitment of the Botswana government to the multibillion Pula Inga III project.
Speaking at a Paste 08 seminar in Kasane recently, Minister Kedikilwe said that Botswana, together with other SADC countries is faced with debilitating power shortages which, if not dealt with, might work to delay progresses made in industrialization and economic diversification.
Kedikilwe said that Botswana continues to engage vigorous initiatives through which it hopes to diversify the economy away from the booming mining industry. While the mining industry has, over the years, grown handsomely, there are challenges of diversifying the economy and Botswana is beginning to show modest successes with the emergence of new economic power players, like tourism and the export income generating tourism, manufacturing and textile industries. However, all these developments and the growing need to boost industrialization through foreign direct investment will come to [continue reading]
SELEBI-PHIKWE: Orange Botswana became the first mobile phone service provider to open a branch in this mining town last Friday.
Officially opening the branch, the Minister of Lands ande Housing Nonofo Molefhi said it was a significant value adding service and an investment in the economy of Selebi-Phikwe and that the presence of Orange here meant that customers would no longer have to travel long distances for cellphone services.
“We are indebted to Orange Botswana for the confidence they have in Selebi-Phikwe’s prospects and are grateful for the partnership they charter in securing our common success” at a time when the country’s small but open economy is faced with challenging competition “in a rapidly changing global marketplace”, Molefhi said.
Innovation was crucial to meeting this [continue reading]
20/05/2008 23:04 – (SA)
Cape Town – The outburst of xenophobic violence in the country could cause serious damage to South Africa’s tourism industry, Environmental and Tourism Minister Marthinus van Schalkwyk said on Tuesday.
Briefing the media in Cape Town, Van Schalkwyk said tourists from African countries were likely to avoid visiting South Africa.
This came as the German Foreign Ministry issued a warning to travellers to South Africa on Tuesday to avoid central Johannesburg and the outlying black townships.
Over the past few days there had been serious outbreaks of violence directed against black immigrants and ethnic minorities in townships on the outskirts of cities like Johannesburg and Pretoria and also in central Johannesburg, the ministry said.
It advised against all trips to these areas, whether organized by tour groups or undertaken alone.
Around 30 people have died in the violence, which has been largely [continue reading]
May 20 2008 at 07:02PM
By Gugulakhe Lourie
Deadly attacks on foreigners in South African townships may hurt the country’s bid to host a successful 2010 soccer World Cup, the South African Football Association’s (SAFA) chief executive said on Tuesday.
Raymond Hack said he hoped the attacks, which have killed at least 24 people, would not impact on the World Cup.
“You know attacks like this…are very sad for football, are very sad for the country,” Hack said. “So we need to ensure that it (the violence) is brought to an end as quickly as possible”.
Rioting mobs have been attacking foreigners with knives and stones, raping women and burning shops and homes to the ground in shantytowns around Johannesburg since May 11.
Thousands of African immigrants have sought shelter in churches, police stations and [continue reading]
The soon to be launched commercial bank, Capital Bank, says its research shows that the market is robust enough for another entrant.
The Chief Executive Officer (CEO) of what will be Botswana’s seventh commercial bank, Jagdish Gokhale, said this in an interview with Business Today last Friday.
“We are aware of the general perception in the market that Botswana is an over banked country,” Gokhale said.
“However, our market survey has revealed that there is a considerable gap between the aspirations of customers from a bank, and the deliverables actually reaching them.”
Gokhale said they will focus on customer satisfaction by offering tailor-made banking services.
“We will endeavour to bridge this gap with our personalised service for which First Merchant Bank is well known in Malawi. This will certainly benefit the customers.
While we will entertain business from all sections of the society, we [continue reading]
source: Sunday Standard
by Kgomotso Kgwagaripane
20.05.2008 10:00:12 A
The Botswana Railways (BR) has, for the first time, been nominated for Africa Rail Awards for two categories, namely Special Merit for Operational Excellence and Best Railway Operator, whilst the company’s Chief Executive Officer (CEO), Andrew Lunga, made it into the Africa Rail Personality of the Year nominations.
Africa Rail Awards focus on reviewing and rewarding Africa’s railway sector. There are eleven categories, namely: Best manufacturer for export, Best technology provider, Best funded rail transport programme, Best concessionaire, Special merit for operational excellence, Best mining railway, Best railway asset-owning authority, Best railway operator, Africa Rail Personality of the year, Africa Rail Lifetime Achievement Award and Best service provider to the Railway Industry.
“These awards are the industry’s awards for the railway industry, and they reward and celebrate excellence within the sector. With so much growth and potential happening in the sector across the African continent, excellence is evident throughout the [continue reading]
20 May 2008
Posted to the web 20 May 2008
The international union federation which has been tracking a Chinese arms shipment to Zimbabwe said Tuesday the weapons have not been delivered.
Contradicting numerous reports in recent days suggesting that the weapons were shipped to Zimbabwe through Angola or Congo-Brazzaville, the general secretary of the International Transport Workers’ Federation (ITF), David Cockcroft, accused the Zimbabwean government of spreading “propagandist lies.”
Also on Tuesday, South Africa’s deputy foreign minister, Aziz Pahad, reiterated to a news briefing that the Chinese government had told him it had recalled the An Yue Jiang, the vessel carrying the shipment, and that it was returning to China.
Cockcroft said the latest reporting arose from a “recycled claim” made two weeks ago by Zimbabwe’s deputy information minister, Bright Matonga, that the weapons had been offloaded in [continue reading]
The Office of the President has denied reports that the leader of Zimbabwe’s main opposition Movement for Democratic Change (MDC), Morgan Tsvangirai is currently using an aircraft supplied by the office.
A South African weekend paper, City Press published a story reporting that Tsvangirai, who was in South Africa, was travelling using an aircraft supplied by President Ian Khama.
“By late Saturday the MDC leader and party secretary-general, Tendai Biti were holed up in their Johannesburg office weighing their options before they took off from Lanseria Airport in a private jet borrowed from Botswana’s President, Ian Khama,” reported the newspaper.
Coordinator of the Government Communication and Information Services, Jeff Ramsay has dismissed the reports as false. “Tsvangirai has not been given any plane by the President. There is no truth to that story,” explained Ramsay.
Ramsay indicated that he is not aware of any assistance that [continue reading]