Archive for January 17th, 2009
Nineteen new sub-districts have been established under the new National Development Plan (NDP 10) which starts in the new financial year in April.
Nine of the sub-districts are in the vast Central District.
The Ministry of Local Government says the new sub districts plus three new administrative authorities will be implemented in phases throughout the six-year life of NDP 10.
The principal planning officer in the ministry, Olebogeng Moipisi, says they will implement three sub-districts per financial year until the end of NDP 10.
“All of the 19 sub-districts have been approved and are now waiting to operationalise,” Moipisi says. “We are going to implement them according to priority and availability of funds.”
The 19 new sub-district include nine in the Central District, three in the Kweneng District, three in the Southern District, two in [continue reading]
16 January, 2009
GABORONE – The selling of shares when a market is experiencing a downturn is not advisable, says the Botswana Stock Exchange (BSE) Listing and Trading Manager, Ms Bopelokgale Soko.
Ms Soko said in an interview that in fact the most profitable time to buy shares is when prices are on a downwards trend, the assumption being that the investor will benefit from price appreciation when the market starts picking up.
She asserted that given the current credit crunch where the banks may tighten their lending policies, particularly for long-term borrowers, the stock market offers an alternative source of finance.
“Compared to a loan, equity financing does not put the company under pressure of repayments.” Ms Soko said the credit crunch has affected the developed market more than it has in the developing countries, adding that this is a time where Botswana should be [continue reading]
January 17 2009 at 12:02PM
By Caiphus Kgosana and Angela Quintal
The least of Jacob Zuma’s worries – if he becomes president after the general election in April – will be keeping out of jail.
Instead he faces the monumental administrative headache of having to fill key government and judicial posts to keep the country running – and properly defended – with a parliament filled with predominantly brand new MPs on either side, much like Nelson Mandela faced in 1994.
The country’s top judges are on the brink of retirement, there is no national police commissioner, nor national prosecuting chief – even the presidency does not have a director- general, after the resignation of Frank Chikane.
On top of this, the ANC and its alliance intend to radically overhaul South Africa’s security and the criminal justice system in what is [continue reading]
16 January, 2009
GHANZI – Ghanzi Primary Hospital this week received 17 television sets, satellite dishes and seven DSTV decoders worth more than P28 400 from the Ghanzi Local Enterprises Authority (LEA) branch. The television sets were distributed to four different wards, ARV clinic,laboratory and the Out- Patient Department.
Speaking before the hand over in Ghanzi LEA chief executive officer Dr Tebogo Matome said the gifts were for the benefit of every resident of the district and the nation at large.
He said as part of their corporate social responsibility and towards realisation of Vision 2016′s pillar of ‘Compassionate and Caring nation,’ LEA undertook to assist those in need both spiritually and materially. Apart from their daily operations, Dr Matome said they had volunteered to form a good relationship with the people as well as improving the lives of the community of the places they were working in.
Dr Matome said a hospital by design was an institute where every person would visit one day, adding that where resources permitted, all stakeholders should endeavour to make such a place as comfortable and homely as [continue reading]