IMF predicts rosy outlook for Botswana

3 May, 2010 in Botswana, Business

source: Mmegi MBONGENI MGUNI Staff Writer Botswana is among select Sub-Saharan economies expected to expand by more than five percent this year and beyond on the back of rapidly normalising commodity prices and global trade. The April report of the International Monetary Fund’s World Economic Outlook released last week predicts that Botswana’s economy will expand [...]

Chinese companies reap billions from local projects

3 May, 2010 in Botswana, Business

source: BOPA 03 May, 2010 GABORONE – About 24 Chinese construction companies are currently engaged in major government projects at an estimated total cost of P20 billion, Infrastructure Science and Technology Minister, Mr Johnnie Swartz has revealed. Giving a key note address at the consultative meeting between his ministry and Chinese contractors on project implementation [...]

BDP govt should free Btv, play fair

3 May, 2010 in Botswana

source: Mmegi GREG KELEBONYE Staff Writer What happened to Botswana Television’s news item about Gomolemo Motswaledi’s resignation from the ruling Botswana Democratic Party (BDP)? The BTV news crew was very conspicuous with lights and cameras amidst the 200 or so people that sat and stood at a press conference called by the new Botswana Movement [...]

South Africa: Smooth Take-Off for Durban`s New Airport

3 May, 2010 in South Africa

source: allAfrica BuaNews (Tshwane) 1 May 2010 Pretoria — Operations at Durban’s new airport, King Shaka International, got off to a smooth start with the first flight taking off five minutes ahead of schedule this morning said Airports Company South Africa (ACSA). ACSA spokesperson, Colin Naidoo, said while the first day was busy, all was [...]

Govt pumps P454 million into BPC

3 May, 2010 in Botswana, Business

source: Mmegi MBONGENI MGUNI Staff Writer The Botswana Power Corporation’s (BPC) precarious operational position will soon be fortified by a P454 million cash injection by its sole shareholder, the Government of Botswana, Business Week has learnt. The bailout is part of a rescue package for BPC which also includes the recently announced 30 percent electricity [...]

Commit yourself – Khama

3 May, 2010 in Botswana, Business

source: BOPA 03 May, 2010 SEROWE – Disciplinary action will continue to be taken against public officers who fail to perform their duties, says President Lt Gen. Seretse Khama Ian Khama. He said there is a causal relationship between failing to perform and alcohol abuse. Speaking at a series of kgotla meetings in Serowe South [...]

South Africa: Japan, SA to Start Nuclear Energy

3 May, 2010 in Africa

source: allAfrica Business Day (Johannesburg) Co-Operation Talks Hopewell Radebe 3 May 2010 Johannesburg — SA’s relations with Japan took a new turn last week when the two countries agreed to start negotiations on future co-operation on friendly nuclear energy that could be SA’s answer to alternative power generation and the reduction of carbon emissions. There [...]