Archive for May 18th, 2007

source: allAfrica

Mmegi/The Reporter (Gaborone)

16 May 2007
Posted to the web 17 May 2007

Chandapiwa Baputaki

The Minister of Education, Jacob Nkate, at the NIIT groundbreaking ceremony yesterday in Gaborone hinted that the Botswana International University of Science and Technology (BIUST) might not open its doors by August 2009 as planned.

Initially, BIUST should have admitted its first batch of students this year.

The first admissions were postponed to 2009 because government is still looking for private companies to engage in concert with the Public-Private Partnership (PPP) programme.

Interviewed yesterday, project coordinator, Badumetse Hobona, stated that they have not given up on their vision of opening the institution by August 2009.

She said they were still looking for a private partner. “We have not yet found a private partner to work with on this PPP,” she revealed.

She said they were still working on the development of the master plan to meet the requirements of government before tendering for the private partner.

Hobona said that they were doing an Environmental Im-pact Assessment.

“We are still aiming for August 2009 and we will be gauging whether we will be up and running by then. We appreciate that the time frame is very tight and we are working very hard,” she said.

She added that they have an emergency plan, as an alternative, in case they fail to meet their set deadline.

BIUST is already recruiting staff for [continue reading]

source: Hemscott

LONDON (Thomson Financial) – Diamond explorer African Diamonds PLC said it has made excellent progress in its pre-feasibility study at the AK6 project in Botswana, with results suggesting the possibility of a higher grade in the southern lobe of the prospect.

In addition, the company said the frequency distribution of sample sizes bodes well for an improvement in diamond valuation at the second layout in June, which will include all the diamonds recovered from both Phase 1 and 2 drills.

The company also said significant progress has been made with the mini-bulk sampling of six kimberlites, three of which come from the highly prospective PL36 licence in Orapa.

The AK6 resource is targeted to come on stream late in 2009, with production starting at 3.2 mln tonnes per year and quickly scaling up to 4.2 mln tonnes.

Chairman John Teeling estimates the incremental capital cost for Phase-1 at 140 mln usd.

source: allAfrica

Mmegi/The Reporter (Gaborone)

16 May 2007
Posted to the web 17 May 2007

Chandapiwa Baputaki

Sponsoring students in local private institutions will not only obviate the cost of sending students outside Botswana, but increase access to tertiary education for more Batswana, the Minister of Education, Jacob Nkate, has said.

Nkate was officiating at the groundbreaking ceremony for a new campus of the National Institute of Information Technology (NIIT) near Game City in Gaborone recently.

He said his ministry was presently spending P280 million per year to sponsor students in South Africa alone; the cost was even higher for tuition overseas. Sponsoring students in local institutions had several spin-offs such as the creation of employment for lecturers, administrators, drivers and cleaners “here at home rather than exporting jobs to another country,” the Minister said.

“We are also making great savings which can then be used to finance other (projects) in the country,” Nkate said. He said quality tertiary education is needed as Batswana expect it to be a pre-requisite for the nation’s global competitiveness:

“We cannot afford second class education. As providers you are therefore challenged to prove yourselves and deliver at the highest level,” he said, adding that [continue reading]

source: IOL
May 17 2007 at 05:01PM

By Dianne Hawker

South Africa’s 2010 campaign is already Fifa’s most profitable World Cup, having attracted $3,2-billion (about R22,18-billion) in corporate deals three years ahead of the first kick-off.

This was announced by South Africa 2010 chief Danny Jordaan, who says the country has already beaten the 2006 World Cup host Germany’s $2.8-billion total. Jordaan was speaking during a visit to the site of Cape Town’s new stadium in Green Point on Wednesday.

“There is no basis for any doubt. This event comes around once every four years and has to generate enough income to cover Fifa over those four years. Fifa has already collected $3,2-billion from 2010.

‘The World Cup is staying in South Africa, it’s not going anywhere else’
“Germany only generated $2,8-billion. So from a commercial standpoint, South Africa has outdone them.”

Jordaan said South African companies had also outdone those in Korea who supported the 2002 event to the tune of $80-million.

“South African businesses have made a $100-million commitment. Companies like Coca Cola and Adidas have invested billions of dollars in 2010. The World Cup is staying in South Africa, it’s not going anywhere else,” he said

Jordaan was taken on a tour of the building site and given an opportunity to [continue reading]

source: IOL

May 17 2007 at 04:41PM

Cellphone operator MTN said on Wednesday plans by the regulator to make mobile operators cut interconnect rates would force it to raise tariffs and make cellphone calls too expensive for the poor.

South Africa’s communication regulator Icasa has proposed forcing cellphone firms to cut the rates they charge each other to connect calls in an attempt to push down call tariffs in Africa’s biggest economy.

But MTN said about 25 percent of its customer base in SA only used their cellphones to receive calls, and argued it needed the money from charging connection fees to make these customers profitable.

Lower interconnect rates would force MTN and other operators to raise tariffs at [continue reading]

source: allAfrica

Mmegi/The Reporter (Gaborone)

16 May 2007
Posted to the web 17 May 2007

Wanetsha Mosinyi

Botswana Confederation of Commerce Industry and Manpower (BOCCIM) will give local fashion designers a platform to showcase their designs at this Saturday’s fashion show and gala dinner in Francistown.

The event will also act as a curtain-raiser for this year’s Northern Trade Fair. BOCCIM regional manager (north) Eileen Van Der Est said in an interview yesterday that the function is an important event in their trade fair preparations.

“It acts as a precursor to the trade fair and there will be seven local fashion designers who will be showcasing their designs. It is no doubt a prestigious event in that while there is the glamour of the fashion styles, there is also an elaborate spread of Tswana and Western cuisine. The environment created at this function allows guests to leisurely discuss business issues against the trade fair.”

One of the fashion designers who will be showcasing their designs is debutant Mosimanegape Tshiamo. The 27-year-old is based in Francistown and his company is called Mos-gape Fashion and Design.

He conceded that he was not an avid fashion enthusiast when growing up. “After not doing well at school my aunt advised me to go study for [continue reading]

source: allAfrica
This Day (Lagos)

17 May 2007
Posted to the web 17 May 2007

Samuel Famakinwa and Francis Ugwoke

Chinese Premier, Wen Jiabao, has said his country’s policy of trade and investment expansion in African countries, including Nigeria, was not another way of putting debt burdens on the countries, but to help them grow at a fast pace needed for development.

This is on the heels of plans by a group of Chinese firms to invest $2billion in the south East zone of Nigeria.

Speaking at the opening session of the Annual Meetings of the African Development Bank (AfDB) Group in Shangai, China yesterday, the Premier said China is “truly sincere in helping Africa speed up economic and social development for the benefit of the African people and its nations”.

While recalling a pledge given by China at last November’s summit with African Heads of State in Beijing to double aid to Africa by 2009 and to set up a $5 billion development fund, Jiabao added that “We will fully deliver on our statement and we are working with African countries to implement these measures”.

He added that China will continue to offer [continue reading]

source: allAfrica
Mmegi/The Reporter (Gaborone)

15 May 2007
Posted to the web 16 May 2007

Lekopanye Mooketsi

The country’s first ever school of arts is on the drawing board, thanks to the Botswana Society for Arts (BSA), which is the driving force behind the project, local film producer Ernst Engels has said.

The project has been on the cards for some time, he said in an interview in Gaborone over the weekend.

“The BSA has been pushing to get a school of arts for the past 10 years. Now our dream will soon be realised,” he said.

Engels, who is a member of the BSA executive committee, said they have been allocated a 10-hectare plot for the proposed school near the Fairgrounds along the road to the dumping site. Government has been financing the project since last year, he said, adding that so far, P10 million has been released for the project.

Engels said some years back, a competition was staged for architects to design a model of the proposed school and that the winning design was submitted by Kagiso Molefhe.

Engels, who represents the film sector in the Botswana Society of Arts, said it is estimated that the [continue reading]

source: new24

17/05/2007 07:57  – (SA)

Johannesburg – Frustration continued to reign at Langlaagte testing and licensing station on Wednesday as the new transport electronic system (eNatis) kept on crashing.

Some motorists queuing since dawn said they had been coming to the station since last month.

Bongi Kubheka from Hillbrow had been struggling since April 16 to write her learner driver’s license test.

She said she had been coming to the station from as early as 05:00, only to be told that the system was offline and she should return the next day.

“These people are arrogant. I’ve been here since early in the morning, but I have not been helped,” said Kubheka just before 16:00.

She said she would return to the station on Thursday.

Nuruneasa Adams was more fortunate as she left the station with her learner’s license.

Her three-day wait paid off when [continue reading]