Archive for September, 2010

GDP contracts by 8.4%

source: The Botswana Gazette Written by NCHIDZI SMARTS Wednesday, 29 September 2010 00:00 The country’s GDP in the second quarter contracted by 8.4 percent on the backdrop of a decrease in mining which fell by 23.5 percent. This contraction reverses the 4.1 percent the country achieved in the first quarter of 2010, official data from [...]

source: Mmegi BRIAN BENZA Staff Writer FRANCISTOWN: Air Botswana’s perennially inefficient and inconsistent service came under harsh and severe criticism here during the opening session of BOCCIM’s National Business Conference (NBC) with captains of industry challenging the government to promptly restore order at the national carrier. Air Botswana’s service failings have also reignited debate on [...]

source: The Botswana Gazette Written by AUBREY LUTE Wednesday, 29 September 2010 00:00 • Need for rationalization • UB upsets BIUST plans A directive that called for the scaling down of the Botswana International University of Science and Technology (BUIST) has been reversed, and World Bank consultants IFC have been asked to come up with [...]

source: SouthAfrica.info 29 September 2010 South Africa’s Department of Energy is helping set up an independent body to make it easier for the country to procure power from independent producers, in a bid to encourage private sector investment in electricity generation. Speaking at a wind energy seminar in Johannesburg on Tuesday, Energy Minister Dipuo Peters [...]

source: The Botswana Gazette Written by NCHIDZI SMARTS Wednesday, 29 September 2010 12:00 In an effort to facilitate regional trade the country is forging ahead with the establishment of a railway line with Zambia. The rail link will add to the Namibia and Mozambique connection which are also in the pipeline, Minister of Transport and [...]

source: Mmegi BRIAN BENZA Staff Writer FRANCISTOWN: Young Batswana businesspeople are positioning themselves to invest in the reconstruction of Zimbabwe through the BOCCIM facilitated P500 million credit line. Mmegi is informed that during a meeting held in Gaborone a few weeks ago to host a Zimbabwean delegation, many young businesspeople and a few established corporates [...]

source: Mmegi ONALENNA MODIKWA Staff Writer SELEBI-PHIKWE: The unsatisfactory state of roads along the Selebi-Phikwe Regional Tourism Corridor, especially between the mining town and Sefhophe and in the Tswapong Hills area, makes it practically impossible for a safe and cost-efficient access to the region’s tourist attractions and products. This was said by the Coordinator of [...]

source: Mmegi MONKAGEDI GAOTLHOBOGWE Staff Writer *President returns to Gaborone prematurely *Khama fails to open the new 257km Trans-Kalahari highway It would seem President Ian Khama’s security boys did a shoddy job yesterday after his plane failed to land at a small airstrip at Gakhibana, about 80km from Bokspits. The plane could not land because [...]

source: allAfrica Business Day (Johannesburg) Beth Shirley 29 September 2010 Johannesburg — THE call centre, financial accounting, human resources management and IT support industry – collectively called business process outsourcing and offshoring – is one of SA’s fastest-growing economic sectors, according to the Department of Trade and Industry revised industrial policy action plan, released earlier [...]

source: Mmegi EPHRAIM KEORENG Staff Writer The Botswana government and Basarwa communities are expected to wrap up negotiations on the use and management of resources in the Central Kalahari Game Reserve (CKGR). Responding to Mmegi questions regarding a call by Survival International for tourists to boycott Botswana’s tourism, government spokesman Jeff Ramsay said the human [...]

source: allAfrica America.gov (Washington, DC) Charles W. Corey 28 September 2010 Africa is the “last frontier of international investment,” and Africans need to be ready to make choices and take action to take advantage of this situation, according to Christopher Gardner, founder and chief executive of the Chicago-based brokerage company Gardner Rich LLC. In addition [...]

source: Mmegi MBONGENI MGUNI Staff Writer As the December deadlines for the signing of a key trade agreement approaches, another round of negotiations between SADC Economic Partnership Agreement (EPA) countries and their EU counterparts will get underway in South Africa next week. In June, ministers from the seven EPA countries met in Gaborone and approved [...]

source: IOL September 28 2010 at 09:41pm The South African government is committed to creating favourable conditions for investment and trade, President Jacob Zuma said on Tuesday. “We hope that we can expand our areas of co-operation and take our partnership to a higher level,” Zuma said in Belgium during a gala dinner held in [...]

Zim bans used car imports

source: Mmegi HARARE – The government has banned the importation of second-hand vehicles as part of a raft of new measures aimed at arresting the carnage on the country’s roads. According to Road Traffic (Construction, Equipment and Use) Regulations published in the government gazette of September 17, the Ministry of Transport and Infrastructural Development is [...]

source: SW Radio Africa By Lance Guma 28 September 2010 South African President Jacob Zuma will this week urge the European Union to lift targeted sanctions on members of the Mugabe regime. Zuma is attending an EU-South Africa summit in Brussels, Belgium and according to Foreign Affairs spokesperson Saul Kgomotso Molobi, “South Africa will set [...]





Follow

Get every new post delivered to your Inbox.

Join 35 other followers