Archive for September 5th, 2007

source: BOPA
05 September, 2007

GABORONE -Local farmers have been urged to consider venturing into dairy farming to make Botswana self sufficient in milk production .

Addressing participants at the just ended NAMPAADD stakeholders conference in Sebele, director of Animal Production in the Agriculture ministry, Mr Lesitamang Paya, said currently there is a serious shortage of milk in Botswana.

We are aware of the challenges that dairy farmers face everyday and this has contributed to lower milk output in this country.

Challenges, he said, include lack of dairy feeds in the country.However he said in some instances, dairy farmers fail because they employ unorganised marketing strategies for their products.

Mr Paya observed that the pricing structure in the market also added to the problems and urged farmers to agree on prices.

Also he said having limited breeding stock makes it very difficult for farmers to maintain the production cycle of milk.

Lack of roads, electricity and telephone lines is also an obstacle to the realization of a viable dairy industry in Botswana, but government is trying its best to help, he said.

Despite the obstacles, he said that short-term future projections are that cows will produce more than 9000 litres in the lactation period.

Mr Paya also promised that government was committed to [continue reading]

source: BOPA
05 September, 2007

KASANE – Kasane residents have welcomed a proposal by a South African-based Northern Sugar Holdings Consortium to establish sugar plantations in Kasane.

A six-man team of the companys directors converged at the Kasane kgotla recently to consult with residents of Kasane, Kazungula and Lesoma on their proposal.

The suggested site for the proposed sugar plantations project area falls within the Kasane forest reserve, located between the Chobe National Park and Kazungula.

One of the company directors, Mr Dave Griffiths told BOPA that the weather conditions in Kasane were suitable for sugar, adding that experts had carried out test soils.

We are expecting the second best sugar in the world after the one grown in the Nile in Sudan, he said.

Mr Griffiths said the project was expected to cost more than P1 billion and would cover a 10 0000 hectares of land.

Nine thousand hectares will be for sugar plantations and the remaining land for processing and housing, he said.

He said the sugar processing would be done in Botswana and the mill would produce 106 000 tonnes of sugar annually, while 55 000 tonnes would be used locally.

Mr Arnold Taylor, another company director said the project would create more than 5 000 jobs.

Most of the jobs will relate to [continue reading]

source: allAfrica
The Herald (Harare)

5 September 2007
Posted to the web 5 September 2007


THE bread shortage is expected to worsen after the country’s major producer, Lobels Bread, yesterday said it was left with only two days’ supply of flour.

The disclosure comes amid reports that at least 36 000 tonnes of imported wheat are reportedly grounded in Beira, Mozambique, owing to foreign currency constraints.

Lobels operations director Mr Lemmy Chikomo attributed the current bread shortage to the critical deficit of wheat and that the company had since scaled down operations after its strategic stocks ran out.

“Flour availability has deteriorated and this has forced us to use our strategic stocks since May. Now we are only left with two days’ supply. We have used all the 4 000 tonnes of flour that we had as reserve stock,” said Mr Chikomo.

Lobels, he said, has not been receiving flour from [continue reading]

source: SouthAfrica.Info

5 September 2007

Internet networking company Cisco Systems has announced a black economic empowerment (BEE) deal with that will turn a local investment partner as well as an employee and an education trust into shareholders in both the company’s local and global operations.

“Cisco believes participating in South Africa’s monumental and transformational BEE programme is not only a duty but a once-in-a-lifetime opportunity as well,” Cisco South Africa general manager Steve Midgley said in a statement on Tuesday.

According to the company, it has selected Lereko Investments as its external investment partner, while it will create one trust for its black South African employees and another trust to fund an education programme

Lereko Investments will receive long-term share participation rights represented by shares in parent company Cisco Systems Inc., with a value equal to a 20% stake in a newly created services organisation that will do business in South Africa.

In addition, a Lereko representative will [continue reading]

Lets share Mogae

source: BOPA
05 September, 2007

GABORONE – President Festus Mogae says Batswana should place a high premium on all policies that draw them together as a nation, and shun anything that pulls them apart.

If we strengthen overall economic governance, manage our natural resources prudently, direct our development programmes to the areas of greatest need, such as basic human needs, and become more innovative, I am confident that Botswana would make even more remarkable achievements in future, he said.

Delivering a public lecture at the University of Botswana yesterday, Mr Mogae said peace, social tranquility and stability were pre-requisites for economic development, and that Botswanas collective ownership of natural resources was fundamental to the nations development strategy.

Mr Mogae, who spoke on the topic: The Role of Natural Resources in Botswanas Socio-Economic Development, said exploitation of natural resources based on regionalism could undermine national unity.

It is even possible that some in our society would seek to re-define regional boundaries in order to belong to regions that are better endowed, he said.

Revenue accruing to the national fiscus would be reduced, meaning that some programmes of high national importance might be compromised.

Besides, regional disparities in terms of access to services and income levels would be more pronounced, and regional identity, especially in the well off regions, could be more important than national identity.

President Mogae said Botswana owed its success to [continue reading]

source: BOPA
05 September, 2007

GABORONE – Barclays Bank has posted strong half year results, led by continued strong treasury and retail performance.

Total income increased by 24 per cent to P396 million, says a press release from the bank.

Basic earnings per share is 17 thebe per share, while profit before tax grew to P177million.

The release says the highlights of the financial results for Barclays bank included strong income performance reflecting increased business growth, with an overall 27 per cent increase in net interest income and an excellent performance in foreign exchange income.

It also indicates that operational expenses increased by 44 per cent as a result of significant investment to expand the retail business.

The proposed dividend for the half year is 9 thebe per share, says the release.

Our results reflect our increased confidence in Botswana and mirror the significant investment made by the bank in the first half of the year. A branch expansion programme, increased investment in people and a new direct sales channel, investment in a call centre as well as significant spending in marketing and advertising spending have led to a higher negative jaw between income and cost.

The release says the investment has increased overall footprints across the country by 11 branches, giving [continue reading]

source: SW Radio Africa

Tererai Karimakwenda
04 September, 2007

Water shortages in Bulawayo have gone beyond critical and residents from many areas are walking long distances in search of help from those who may have some. A desperate plea from Winos Dube, chairman of the Bulawayo United Residents Association, describes the severity of the situation they are in. He said: “We are appealing to the highest authority, the President himself, SOS, Bulawayo is dying.”

Dube’s plea will fall on deaf ears, because the Bulawayo city officials are locked in a struggle with government for the control of water management. The state authorities are trying to force the local council to turn over control to the state run Zimbabwe National Water Authority (ZINWA). The council has refused, citing the worsening situation in Harare and other areas where ZINWA took over. And as punishment the state has refused to assist with water supplies to this dry region.

Matabeleland has always been a dry region and since independence government has done nothing to help improve the situation.

Meanwhile residents suffer. Dube said the issue of [continue reading]

source: BOPA
05 September, 2007

KANYE – About 110 lecturers, among them highly qualified and experienced individuals, have left Botswanas health training institutions between 1998 and 2007 in search of better opportunities within and outside the country.

Simply put, about eleven lecturers per year have been resigning from the institutions for the past 10 years, although a mass exodus of 25 lecturers in 2003 alone provides a distinct variable worth mentioning.

It is also worth mentioning that a majority of them held senior educational degrees and also commanded vast and envious teaching experiences that ranged between 10 and 20 years.

Perhaps to show how serious things are, Ms Kelebogile Morapane of the Kanye Seventh Day Adventist College of Nursing hinted that nine lecturers left within the first half of the this year.

Submitting recently before the salaries review commission, Ms Morapane said the figures spoke for themselves.

She said there was no doubt that the mass exodus was due to what was regarded within the health training system as inferior salaries and conditions of service.

She said compared to other post secondary institutions, conditions of service for lecturers at health training institutions in Botswana remained uncompetitive and unattractive to motivate and retain qualified and experienced lecturers.

Our adverts are not attractive enough to [continue reading]

source: allAfrica
Mmegi/The Reporter (Gaborone)

4 September 2007
Posted to the web 4 September 2007

There has been a lot of expectation and hope for better service when government made a commitment to open up the telecommunication market. The opening up of the sector that started in 1998 saw new players such as cell phone companies who started their operations in the country.

The process is expected to continue with the privatisation of the landline monopoly – Botswana Telecommunications Corporation (BTC) in due course.

As users, we are largely concerned with a faultless and efficient telecommunication service. Most importantly, consumers would want to see affordable pricing. Our hope is that more players could be brought into the telecommunications industry so that we reap the benefits of a competitive market and widened access.

BTC has recently adopted a new tariff system, which amounts to a rationalisation of their tariff structure. The new structure has a number of things to excite the consumers and a few other services that would now cost more.

According to a statement from  [continue reading]

source: allAfrica
World Bank (Washington, DC)

4 September 2007
Posted to the web 4 September 2007

Washington, D.C.

The World Bank Group committed a record $5.8 billion in International Development Association (IDA) resources to Sub-Saharan Africa in the last fiscal year, $1 billion more than in the previous year. In addition, the International Finance Corporation (IFC), the Bank Group’s private sector arm, provided $1.38 billion in financing for its own account and mobilized an additional $261 million in financing through syndications.

Africa, the Bank’s lead development priority, is in its third year of economic growth at levels above five percent, despite persistent constraints throughout the region arising from inadequate infrastructure, low investment and limited skills.   Higher economic growth is lowering poverty levels. However, although there is significant variation among countries, and many countries are showing measurable progress in expanding the reach of education and attacking malaria and HIV/AIDS, most African countries aren’t yet on track to achieve the Millennium Development Goals by 2015.

“We are now seeing increases in African countries’ per capital income consistent with those of other developing countries, and African countries have made great [continue reading]

source: IOL
September 05 2007 at 12:38AM

By James Macharia

South Africa’s largely coal-driven power utility Eskom has hit the limits of its capacity and aims to double output by 2025, with nuclear plants supplying more than a quarter of future energy compared with six percent now.

Eskom’s Chief Executive Jacob Maroga told a coal conference on Tuesday the state-owned firm would cut back on polluting coal-fired plants that have made South Africa the world’s lowest cost electricity producer.

“The issues we’re faced with are costs and lead time, but the debate around global warming is key, because coal is a big contributor to carbon dioxide emissions,” Maroga told the Coaltrans conference.

“We can now finally say we have run out of surplus capacity.”

Maroga said plans to [continue reading]