Archive for December 18th, 2007

source: IOL

December 18 2007 at 08:50PM

By Juanita Williams

Thousands of ANC delegates erupted into wild cheers when it was announced that Jacob Zuma is the president of the ruling party.

Zuma, the former deputy president of South Africa and the ANC, was the front-runner in the race for the top position since preparations for the conference in Polokwane started.

Now the ANC has to face the possibility of renewed corruption charges against the leader – a situation that secretary-general Kgalema Motlanthe described as “very difficult” at a press conference hours before the result was announced.

The marquee where the announcement was filled with the sound of chanting and dancing – and fireworks.

The votes [continue reading]

source: Mmegi

BY BUSINESS REPORTER

The Botswana Local Enterprises Authority (LEA) is urging as many Small to Medium Micro Enterprises (SMMEs) as possible to participate in the first ever Botswana SMMEs Conference and Fair next February.

“Exhibitors will be provided with a reasonably priced package deal allowing them to prepare for and participate at all levels of the conference and fair and to attend all related functions at affordable rates,” a statement from LEA says.

“LEA invites and encourages as many SMMEs as possible to register and participate in this upcoming conference and fair.”

Last week, LEA announced that it [continue reading]

source: IOL
December 18 2007 at 12:24AM

The race for the leadership of the African National Congress enters its final lap soon after dawn on Tuesday when delegates at the party’s Polokwane conference go to the polls to choose between current president Thabo Mbeki and his deputy Jacob Zuma.

Their nominations were the only ones put forward for the top post at the party’s Polokwane conference on Monday night, ending months of speculation on a possible compromise deal.

Five women feature on the final list of 10 candidates for the other top five positions in the party.

As the nomination process got under way, Mbeki and Zuma chatted to each other and smiled.

When Mbeki was nominated he accepted by [continue reading]

source: Mmegi

BY PULAFELA ISAACS*

The beginning of 2007 saw inflation fall from 8.5 percent in December 2006 to 7.4 percent in January 2007.

During the first quarter, inflation continued with the downward trend and closed the three-month period at 6.5 percent.

The falling trend continued into the second quarter of the year as it stood at 6.3 percent in April before rising marginally to 6.4 percent at the close of the quarter.

During this time, inflation was well within the Bank of Botswana’s medium target range of 4-7 percent. The drop in the rate of inflation in the first half of 2007 is mainly [continue reading]