Archive for June 8th, 2008
06 June, 2008
SEROWE – Choppies superstore intends to repeal franchise offers that have not been taken up and avail them to new local investors.
The superstores Director of Public Relations, Mr Ben Stegling said in an interview that over 100 franchise offers have been made out of the 500 applications.
Many are in the process of sourcing funds from various financial institutions. He said Choppies subscribes to a noble gesture of citizen empowerment and has started inviting locals to buy its franchises.
Such franchises have been recently extended to Ghanzi, Mahalapye, Shakawe and Bobonong. In all, he said Choppies has 37 stores countrywide The stores are operational except Mahalapye which is expected to be opened this month.
Choppies intends to kick start the operations of such franchises with its trained staff and later surrenders the controls to the owner, as per the agreement.
Mr Stegling added that the [continue reading]
June 07 2008 at 09:17AM
Plans to slash fuel tax in a desperate attempt to ward off the impact of rocketing oil prices are under consideration by the government.
But hard-hit consumers will have to save electricity or pay, with the government poised to introduce new rules that would see big electricity users penalised.
Meanwhile, one of Europe’s largest energy companies – Suez Energy – might enter the South African electricity market with negotiations between the company and government at an advanced stage.
This was revealed by Minerals and Energy Minister Buyelwa Sonjica in the National Assembly on Friday during a budget vote debate that was dominated by the country’s fuel and energy woes.
“These are extraordinary times that require extraordinary solutions,” said Sonjica, who admitted the government had [continue reading]
The Nation (Nairobi)
7 June 2008
Posted to the web 7 June 2008
The saying that it never rains; it pours, perhaps best captures the current situation in Zimbabwe. Day-to-day existence for most people – save for the few exceptionally rich and those close to the ruling party’s top brass – has become a living nightmare, with the prices of goods and services rising by the hour.
As a result, traders are charging for their goods in US dollars or the South African rand. A private butchery that now makes door-to-door deliveries due to the scarcity of good-quality meat, has informed clients it will be charging in rand, arguing that villagers are also demanding foreign currency for their animals.
Petrol and diesel are charged in US dollars, from $1.30 to $1.50 a litre, as are motor-vehicle parts and accessories and rare basic commodities such [continue reading]
07/06/2008 20:13 – (SA)
Johannesburg – Several Somali shops were looted in a Port Elizabeth township on Saturday.
Police escorted Somali immigrants to safety, authorities said, after a killing sparked anger in the area.
The recent wave of anti-immigrant violence has left more than 60 dead and thousands displaced, but police said the looting appeared directly linked to anger over the murder allegedly committed by a Somali.
A Somali shop owner in the Zwedi township in Port Elizabeth argued with two men before pulling a gun and shooting one of them, Inspector Andre Beetge said.
The man then fled, according to Beetge, while distraught residents gathered in the area.
A group of people looted four Somali shops, said Beetge, who [continue reading]