Archive for July 2nd, 2008
source: Sunday Standard
by SUNDAY STANDARD REPORTER
02.07.2008 8:48:24 A
The country’s first venture capital outfit, Peo Venture Capital, said this week that Batswana are increasingly becoming business savvy. The Executive Director of Peo Venture Capital, Judy Tsonope, said in an interview that she is elated by the quality of project proposals that they are receiving.
“You can really see that people are now becoming innovative. I have seen some improvement over the years,” said the former Deputy CEO of Citizen Entrepreneurial Development Agency.
She is, however, worried by the fact that the country has few mentors.
“Today’s business class is first generation in business and most of them are still active in business and don’t have the time to mentor,” she said.
Despite the lack of mentors, she said the venture capital firm is assisting those that they fund to up-skill them technically through [continue reading]
source: BBC News
A German company which helps Zimbabwe supply its banknotes has become the latest firm to end links amid outrage over the situation in the country.
Giesecke & Devrient said it would stop providing paper for banknotes immediately following a “political and moral assessment” of conditions there.
Foreign firms in Zimbabwe are under pressure to pull out after President Mugabe’s controversial re-election.
The UN is considering tougher economic sanctions against his regime.
The UN’s Security Council has outlined a resolution calling for further measures against Robert Mugabe and key allies following [continue reading]
2 July 2008
World football authority Fifa is looking for around 5 000 local residents to apply for the unique opportunity to be volunteers in various capacities during the 2009 Confederations Cup, also to be held in South Africa.
Billed as the “festival of champions”, the Confederations Cup features the champions of the six Fifa confederations, as well as the defending World Cup champions Italy and future hosts South Africa, a statement this week by the 2010 Local Organising Committee (LOC) says.
European champions Spain, South American champions Brazil, North American and Caribbean champions the United States of America, Asian Champions Iraq and African champions Egypt have qualified to date.
It takes place between 14 and 28 June 2009, with matches being hosted in Johannesburg, Pretoria, Rustenburg, Bloemfontein and Port Elizabeth.
From the start of July till 31 August, those wishing to apply as volunteers can [continue reading]
source: Sunday Standard
by REUBEN PITSE
02.07.2008 9:06:37 A
The current Chief Justice (CJ), Julian Nganunu, will very soon be dropped from his position of chief justice to serve at the Court of Appeal.
Currently Nganunu is Chief Justice of the High Court and he also sits on the court of appeal panel of judges.
The Ministry of Defence, Justice and Security is drafting an amendment to insulate the High Court from the Court of Appeal which will ensure that no judge sits on both the High Court bench and the Court of Appeal panel of judges.
The Minister of Defense, Justice and Security, Dikgakgamatso Seretse, said that, after they have amended the law, the chief justice will only hold one position at the Court of Appeal, which is the highest court in the country.
He said it is the best practice of law that the CJ holds one position.
When asked who will be appointed as the CJ, Seretse said,
“I am not the one who appoints the Chief Justice, therefore I do not know.”
Justice Ian Kirby is strongly tipped to [continue reading]
July 02 2008 at 07:23AM
By Fiona Forde and Reuters
The African Union (AU) has called on Robert Mugabe and Morgan Tsvangirai to negotiate a government of national unity (GNU), with the aid of a special envoy, much to the ire of the Zanu-PF leader, who stormed out of the Red Sea summit before it came to a close.
The resolution came just hours after both men said a GNU was not an option. Speaking on behalf of Mugabe earlier in the day, spokesperson George Charamba said Zimbabwe must not attempt to emulate Kenya in dealing with its problems.
“The Zimbabwean way, not the Kenyan way. Not at all,” he told reporters in Sharm el-Sheikh.
“Mugabe came here as president of Zimbabwe. And he will return as president of Zimbabwe.”
Speaking through [continue reading]
02/07/2008 11:28 – (SA)
Johannesburg – Zimbabwean President Robert Mugabe has told African Union leaders he is open to talks with the opposition Movement for Democratic Change (MDC) on a unity government, according to President Thabo Mbeki.
Mbeki, southern Africa’s mediator in Zimbabwe, was speaking after an AU heads of state summit in Egypt on Tuesday ended with a call for a government of national unity in Zimbabwe.
Despite Mugabe’s spokesperson George Charamba on Tuesday ruling out a Kenya-style unity government and Mugabe storming out of the summit shortly before it closed, Mbeki said, “No, there was no objection”.
“He was fully supportive of the cooperation and dialogue between Zimbabwe’s political parties to find solutions to the challenges they face,” Mbeki told [continue reading]
source: Sunday Standard
by Kgomotso Kgwagaripane
02.07.2008 8:49:41 A
The First National Bank Botswana (FNBB), in collaboration with the South African High Commission, this week held a dinner for the captains of business and industry both in South Africa and Botswana, aiming at forging closer collaboration in bilateral and regional economic development.
Speaking at this function, which is expected to be held annually by these two countries, the Vice President of Botswana, Mompati Merafhe, said the meeting, which built on other already existing collaborative and consultative mechanisms between two governments, has two objectives.
“With this annual forum, our aim is to explore practical ways of exploiting investment opportunities between the two countries. Also we want to encourage the spread of investment benefits to other areas outside South Africa, particularly Botswana,” he stated.
According to Merafhe, it has been proved in other continents or sub-continents, such as [continue reading]
source: IC Publications
01/07/2008 16:50 SHARM EL-SHEIKH, Egypt, July 1 (AFP)
Botswana called on Tuesday for Zimbabwe to be suspended from the African Union and Southern African Development Community meetings over President Robert Mugabe’s widely discredited reelection.
“Botswana’s position is that the outcome of these elections does not confer legitimacy on the government of President Mugabe,” Botswana’s Vice President Mompati S. Merafhe told an AU summit in Egypt, according to a statement.
“In our considered view it therefore follows that the representatives of the current ‘government’ in Zimbabwe should be excluded from attending SADC and AU meetings.
“Their participation in the meetings of the two organisations would give unqualified legitimacy to a [continue reading]
By Ryder Gabathuse
MATSILOJE: Tati Nickel Mining is narrowing its options to look critically at the future of Selkirk Mine, the Manager of Selkirk’s mining projects, Sebele Molalapata, said on Wednesday.
Molalapata was speaking at the mining site after the 20th anniversary celebrations of Selkirk Mine.
“We are looking at the most viable option in terms of indications as to whether there will be life here beyond now.”
The Selkirk operation is located approximately 15 kilometres from Phoenix, the nickel-copper sulphide open pit mine that has been in production since 1995. It uses an on-site conventional nickel sulphide concentrator with the capacity to process 5 million tonnes of ore per annum.
Although preparations for Selkirk – which is an underground operation – started in 1988, the Selkirk Mine actually commenced production in 1989. In excess of one million tonnes of ore has been extracted since then. Selkirk was placed on [continue reading]
source: International Herald Tribune
By Kennedy Abwao and Alan Cowell
Published: July 1, 2008
SHARM EL SHEIK, Egypt: The African Union Tuesday urged the creation of a government of national unity in Zimbabwe to heal the nation’s deep political wounds after President Robert Mugabe’s victory in a one-candidate election widely condemned as a sham.
The 53-nation body, the most authoritative African organization, made the call after a two-day gathering of leaders marked by divisions over the handling of the crisis in Zimbabwe. While President Omar Bongo of Gabon endorsed Mugabe’s presidency, Botswana urged the suspension of Zimbabwe from African forums because its participation would “give unqualified legitimacy to a process which cannot be considered legitimate.”
The African Union resolution also urged the continuation of regional mediation efforts, which, to the frustration of the opposition in Zimbabwe, have been led by President Thabo Mbeki of South Africa.
Mbeki has been widely criticized as been too soft on Mugabe, an ally of nearly 30 years. The union urged both the opposition and the Mugabe government to avoid moves that [continue reading]
By Fraser Mpofu
HARARE: Africa Sun, a Zimbabwe-based hotel and leisure company, will complete the building of a 160-room hotel in Gaborone in the first quarter of 2010.
Its Chairman Eben Makonese said the hotel is being built in Gaborone’s new central business district and will be completed in time for the FIFA World Cup to be hosted by South Africa in 2010.
The Gaborone project, said Makonese in a statement accompanying the company’s 2007 financial results, is part of Africa Sun’s African expansion programme under which the group is involved in projects in Nigeria, South Africa and Tanzania.
Makonese said Africa Sun has opened two more hotels in South Africa and Nigeria while another hotel in Lagos, Nigeria will be opened in August this year.
“Subsequent to the period under review,” said Makonese, “two hotels have been added to the group, namely The Lakes, a 151-roomed conference hotel in Johannesburg, South Africa and the [continue reading]
1 July 2008
Safety and Security Minister Charles Nqakula says that while the crime trends report published this week indicated a continuation of the steady decline in crime levels in South Africa as seen in the past five years, the government was still concerned that the levels of crime continued to be unacceptably high.
“[The] government would have wanted to see a more drastic decrease in the levels given, particularly, the interventions that have been made since we started publishing crime statistics regularly from the 2001/2 financial year,” he said in Pretoria on Monday.
One of the important interventions the government made was the deployment of 14 504 police members were deployed to 606 police stations around the country, in areas where their expertise was most needed.
Those deployed included experienced police managers and commanders who served, previously, at the national and area levels of the South African Police Service, while [continue reading]
01/07/2008 14:08 – (SA)
Polokwane – Seven hundred striking workers at the Peter Mokaba Soccer World Cup stadium in Polokwane will not return to work if they are threatened, the National Union Of Mineworkers said on Tuesday.
Spokesperson Lesiba Seshoka said workers had been given an ultimatum by the WBHO construction company to “return to work or be fired”.
“The situation will not be solved by threats,” Seshoka said.
The Commission for Conciliation Mediation and Arbitration had since been called in to resolve the matter.
Seshoka said the successful intervention of the CCMA depended on the willingness of both parties to come to a [continue reading]