Archive for November 12th, 2007

source: Mmegi

ONALENNA MODIKWA
STAFF WRITER

PALAPYE: The leadership of the vast Central District Council is considering sub-dividing the district to ensure improved service delivery.

The CDC is currently the biggest district in Botswana and its service delivery to the people is sluggish.

Serowe/Palapye Senior Assistant Council Secretary Maluleke confirmed in an interview yesterday that they are currently thinking of sub-dividing the district. “We have recognised that the district is so vast. Such a proposal is there and is yet to be presented before the full council in Serowe.”

Maluleke said as such there is a possibility of some [continue reading]

source: ZimNews
author/source:Daily Telegraph (UK)
published:Mon 12-Nov-2007
posted on this site:Mon 12-Nov-2007

Not just a father but a father who he sees some allegiance to
By Sebastien Berger in Johannesburg

The South African president, Thabo Mbeki, who has been entrusted with finding a solution to Zimbabwe’s political crisis, sees Robert Mugabe as his father figure, according to a new biography. As one of the last independence leaders still running his country, the Zimbabwean leader enjoys elder statesman status among many Africans. But, according to Mark Gevisser, author of Thabo Mbeki: The Dream Deferred, his relationship with the South African president is personal, and it is “undoubtedly” affecting the talks Mr Mbeki is chairing between Mr Mugabe’s government and the opposition. The negotiations are aimed at reaching agreement on holding free and fair presidential and parliamentary elections next year. But every deadline for agreement has passed without a deal being done, and the opposition Movement for Democratic Change (MDC) has made concessions in parliament without receiving anything in return.

“Even though I’m certain Mbeki believes Mugabe needs to go, he has proven he is not the right person to facilitate Mugabe’s departure,” Mr Gevisser told The Daily Telegraph. “Because of the history of their relationship it’s not just a [continue reading]

source: Diamondintelligence.com

12 November 2007

African Diamonds plc, a diamond exploration company listed on the London and Botswana Stock Exchange, informed shareholders recently that Investec of Botswana, an international specialist banking group, has acquired 7,682,715 shares of the company.

African Diamonds’ shares, priced between approximately US$2 – US$3 (£1 – £1.5), represent 10.09 percent of the issue share capital of the company. Botswana based holders now hold more than [continue reading]

source: Mmegi
PATRICIA MAGANU
STAFF WRITER

FRANCISTOWN: Since increased mining activity hit Francistown, demand and rates for property have gone up so much that most people here regard the mining boom with skepticism.

Even property agents admit the boom is something of a mixed blessing for ordinary Francistowners.

Stephina Molefe, a property agent at Willy Kathurima Associates there is in no doubt that locals are now struggling with property, whether renting or buying as a result of rising rates. She says it is definitely an influence of the mines. “Property rates in Francistown are high,” Molefe says. “For individuals and local companies, it has become a very stressful experience to try and rent or even buy property.”

She says this results from foreign companies that have housing preferences different from Batswana’s; foreign companies are here for a certain period of time and they just want accommodation for [continue reading]

source: IOL
November 12 2007 at 08:35AM

By Matthew Savides

The National Union of Mineworkers, representing workers at the construction site of Durban’s Moses Mabhida Stadium, on Sunday threatened to launch secondary strikes at stadiums across the country in an attempt to resolve wage negotiations at the Durban stadium.

The strike turned violent last week when about 400 strikers broke down gates and fences and intimidated non-striking workers.

This situation prompted the contractor, Group Five, to obtain an interdict preventing strikers from entering the construction site.

Union spokesperson Lesiba Seshoka said the union was prepared to strike for as long as it took for its demands to be met.

“We are going to strike for a long period if the companies are not prepared to meet our demands.

“We are considering secondary strikes which will affect all 2010 stadiums,” he said, adding that it [continue reading]

Gaming law under review

source: Mmegi
LEKOPANYE MOOKETSI
CORRESPONDENT

The Department of Trade and Consumer Affairs has engaged a consulting company, Enoyst, to come up with a gambling plan.

The Acting Director of the department, John Matsheng, said they have assigned the company to look at the impact of gambling in the country. He said they want to find out how the government could resolve the problem of gambling. The idea behind this exercise is to fight problem gambling and its social impact.

“We are going to come up with a Game and Gambling Bill. We also want to identify areas where casinos can be located,” Matsheng said. In the meantime, they have suspended the issuance of new casino licences. “We have put a moratorium because there were too many (applications).” Matsheng said they will only resume issuing new licences on the basis of [continue reading]

source: allAfrica
BuaNews (Tshwane)

11 November 2007
Posted to the web 12 November 2007

Zama Feni
George

The International Investment Council (IIC) is satisfied with South Africa’s preparation for the 2010 FIFA World Cup.

Speaking at the IIC media briefing in George on Sunday, Trade and Industry Minister Mandisi Mpahlwa said the construction of roads, stadiums that is currently underway in South African cities has been warmly received by the members of the council.

Minister Mpahlwa indicated that government has a responsibility to keep the council, the media and the public informed about all the developments taking place with regard to the 2010 event.

“The work that the government has done is an indication of our commitment to this project and we would like to invite the international community to join us all as we approach 2010,” he said.

Mr Mpahlwa said that skills challenge is one of the aspects that [continue reading]

source: Mmegi
ONALENNA MODIKWA
STAFF WRITER

PALAPYE: Palapye Development Trust is up for sale for alleged failure to pay a National Development Bank (NDB) loan for the construction of the newly opened mall behind Palapye BP Filling Station.

According to the advertisement in the Botswana Gazzette’s ‘In the matter between section”, the sale of the land will take place on November 30. Attached property include the tribal land plot 7384, measuring 4828 square metres include BP filling station, Quick shop, Southern Fried Chicken take away together with four separate toilets and a tarred parking area.

Some of the Trust’s board members were shocked to see [continue reading]

source: Sunday Standard
by Kgomotso Kgwagaripane
11.11.2007 2:48:01 P

The Permanent Secretary in the Ministry of Labour and Home Affairs, Mothusi Palai, this week urged Batswana to take productivity very seriously saying it can generate wealth and entice investors to come and invest in Botswana.

Officiating at the Labour Force Survey (LFS) Breakfast Seminar, Palai said that Batswana are not as productive as their competitors, and he cited South Africa as an example. He said it is individual responsibility to do their part. “It is high time we take the responsibility as Batswana and stop letting our gut down,” he said.

Though Botswana is regarded as the least corrupt country in Africa, Palai emphasized that corruption is on an increase. “The other challenge that we face in Botswana is that of skills-gap,” he stated. He said investors who are interested in investing in Botswana are usually hindered by the lack of skills. “We more often than not don’t have skills required by [continue reading]

source: Sunday Sandard
by John Regonamanye
11.11.2007 2:46:41 P

Members of Parliament (MPs) have expressed the importance of government in introducing social services for unemployed youth.

Making their contributions on Wednesday over the president’s State of Nation address MPs said time was overdue for the government to come up with means to cater for the unemployed youth.
Making his maiden speech after having missed the chance in the previous parliamentary sitting, BNF president Otsweletse Moupo called for the government to introduce security social services for the youth.

“The president did mention that unemployment has been reduced from 21 percent to 17.6 percent in the past few years,” said Moupo. “This figure conceals problems of a much more serious magnitude in that it takes into account only those who are actively looking for jobs and not those who have been looking for [continue reading]

source: ZimNews
author/source:Standard (Zimb)
posted on this site:Sun 11-Nov-2007

ATMs could only dispense a maximum of $8 million in one transaction
By Our Staff

The banking sector has joined the current “queue” phenomenon in Zimbabwe, if what was witnessed in the past week is anything to go by. A snap survey by The Standard in Harare yesterday showed the return of long queues for cash in many banks, some of them stretching to the pavements outside the banks. A banking executive said the queues were a result of the high demand for cash as people bought scarce groceries in preparation for the festive season. He said the challenge was that ATMs could only dispense a maximum of $8 million in one transaction. “What it means is that if you want to withdraw $20 million, you have to conduct three transactions at the machine,” he said. “If you are number 20 in the queue and the people ahead of you are withdrawing $20 million each, it means you are actually number 58.” He said the introduction of higher denomination notes of $1 million would result in the queues moving faster.

The central bank recently announced it intended to introduce a new currency before the end of the year, but abruptly made an about-turn, deferring the move to next year. It was speculated that the RBZ governor Gideon Gono was feeling the hyper-inflation heat and intended to [continue reading]