Archive for April 11th, 2007

source: BOPA
10 April, 2007

PARLIAMENT- Parliament has instructed Cabinet to suspend the ongoing discussions and negotiations concerning the privatisation of Air Botswana.
The instruction was through a motion tabled by MP Khumo Maoto of Francistown South on the basis that the current Air Botswana privatisation exercise was not in tandem with the letter and spirit of the Air Botswana Transition Act as well as that of the Civil Aviation Regulation Reform Act. (see:Parliament halts discussions on AB privatization)

Mr Maoto tabled the motion after a one-hour briefing on the Air Botswana transaction on the eve of Parliaments last day of sitting.

Currently government is negotiating with South African based SA Air Link and the talks were expected to end in May this year. Air Botswana has lost P16.8 million during the 2005/06 financial year and a loss of a similar magnitude is also expected for 2006/07.

The airline is also inundated with several problems among them an ageing fleet, cost efficient jet fleet, unreliable schedule and [continue reading]

source: Business Day
Posted to the web on: 11 April 2007
Khulu Phasiwe
Trade and Industry Correspondent

AIRLINK, SA’s privately owned airline, said yesterday it had received confirmation from Boswana that it was still the preferred bidder for the acquisition of a 49% stake in Air Botswana, and that the negotiations between the two parties would continue as scheduled.

The continuation of negotiations between Airlink and Botswana’s Public Enterprises Evaluation and Privatisation Agency quashes media reports from that country that the negotiations had been stopped by parliament.

It was alleged that Boswana’s parliament had put the brakes on the negotiations after it emerged that the privatisation of Air Botswana could entail the winding up of the airline and the disposal of its assets.

Many parliamentarians and other nationalists were reportedly in favour of a foreign strategic partnership with Air Botswana and not a total takeover of the airline. They also preferred to see the colours of Botswana’s flag on the airline.

Airlink CEO Roger Foster said the government of Botswana had said [continue reading]

source Mmegi

Contrary to expectations, the proposed second university will not be an exclusive science and technology institution. The coordinator of the project, Badumetse Hubona, told Monitor that the university will admit students to study social sciences and humanities. She said the non-science and technology courses would account for one third of the intake. The university is scheduled to be up and running by 2009. It will admit 2,500 students initially.

The second university to be constructed in Palapye has chosen the University of Howard in America as a partner. The American university said last week [continue reading]

read also: Howard University Signs MOU to Establish University in Botswana PRESS RELEASE – 31.03.2007