Archive for May 4th, 2007
03 May, 2007
GABORONE – Government is to embark on an improvement of major airports in readiness for the 2010 World Cup in South Africa at a cost of over a billion Pula.
Director of Civil Aviation, Mr. Olefile Moakofi said in an interview that P1 132 million will be used to improve airports, including Sir Seretse Khama International, Maun, Kasane and Francistown.
He said all parties involved are doing their best to expedite the project.
The director said developments at Sir Seretse Khama International comprise cargo terminal building scheduled for completion in September 2007.
Other improvements are runaway extension by 1000m and provision of full-length parallel taxiway and associated movement areas.
He said the design is nearing completion and construction is expected to commence towards the end of this year.
That is a new 23 000 square metre terminal building (with the design projections for the year 2026) in front of the existing terminal building.
The design capacity is for a typical peak hour passenger capacity of 976, he said.
Mr Moakofi said the existing terminal building will be blended to form part of the new building and that [continue reading]
03 May, 2007
GABORONE – Air Botswana has failed to pay dividend during the year ended in March 31, 2006.
A report of the Auditor General says that since the corporation made operational losses in both 2004/05 and 2005/06, it neither paid any nor provided for payment of any dividend during the year to 31 March 206.
The report says the audited financial statements for the year ended March 31, 2006 showed a net operating loss of P14.94 million compared to a restated net operating loss of P3.64 million in the previous year.
Regarding working capital position, the says as at March 31, 2006 the corporation had current assets of P53.24 million and current liabilities of P44.38 million, resulting in a net current assets position of P8.86 million, compared to a restated net current assets position of P33.08 million in the previous year.
The report says the operations of the airline for the past three financial years resulted in the 2003/2004 net profit of P11.29 million, 2004/2005 net loss of P2.58 million and 2005/2006 net loss of P16.80 million.
The auditors have expressed the viewpoint that in the light of the airlines losses in the recent past, its going concern status may not be sustainable.
The report says Air Botswana has a policy to honour a [continue reading]
May 04 2007 at 04:47AM
By Wendy Jasson da Costa
Trade and Industry Minister Mandisi Mpahlwa says a review of the lottery law is necessary to prevent a repeat of the fiasco which has left South Africa without a national lottery since March.
It was “quite clear” that once the current process was sorted out they would have to examine the existing legislation to close the loopholes.
It seems as if the mid-June date for the new lottery operator is also uncertain, after Mpahlwa said they were still waiting for additional shareholder information from the bidding parties.
“The speed (is) also dependent on the co-operation of the bidders,” he said after a post-cabinet briefing in Pretoria.
He said the bidders had until the third week in May to provide the additional information and he would [continue reading]
Mmegi/The Reporter (Gaborone)
May 3, 2007
Posted to the web May 3, 2007
The latest addition to the growing kwaito-hip hop legion Thox, believes he is the next big thing in the local music industry. But the young artiste whose debut album is expected to hit the shelves tomorrow might wake up to find that there is still a long way to go.
Although he classifies his music as Kwaito, his album simply titled The Next Big Thing, is a mixture of hip-hop, kwaito and Afro pop.
Chances are it is going to be among the 2007 Kwaito hits, though toppling giants such as Vee, Mapetla and Eskimos will not be easy.
“I have explored a variety of genres, which gives listeners a choice. Anyone who knows music should be able to hear what a quality album I have,” the youngster said proudly.
Thox, whose real name is Matlhogonolo Tseleng from Maunatlala, says he has done his homework in the project and expects it to announce his arrival in a big way. Perhaps his optimism is justified. Many people who had a chance to hear his Afro Pop wedding song Semo tsere senatla on Botswana Television (Btv) Flava Dome have been wandering around looking for the video in music shops.
In this song Thox went the extra mile, starting with a poem, then the lyrics, which are followed by some traditional ululations and his rap lines. The song has definitely left a lasting impression.
According to him and his producer, Thebe Calvin Malipiti the three years spent working on [continue reading]
May 03 2007 at 09:49AM
By Wesley April
The officials who are supposed to use the government’s new licensing computer system are even more frustrated than the apparently endless queues of irate motorists.
The National Traffic Information System (eNatis) is slow and crashes often and it is taking the licensing staff longer to help a single customer.
Some people have taken several days off work in an effort to get to the front of a queue at a time when the system is up and running.
Metro Police spokesperson Kevin Maxwell said: “On a daily basis the system is slow. At this stage if it does go down, we don’t have a back-up plan [continue reading]