Archive for March 1st, 2008

source: Mmegi


Assistant Minister of Trade and Industry, Lebonaamang Mokalake says it is vitally important to put in place competition laws for a healthy business climate in Botswana.

The deputy minister was speaking recently at a two-day conference at Gaborone Sun Hotel, on competition policy which drew participants from as far afield as India, Nigeria, the Gambia, Malawi, Mauritius, Kenya, Namibia and Ethiopia.

Competition policy, once in place, is intended to monitor and eliminate unfair trade practices, protect the consumer and ensure sustained economic growth.

“In realising the importance of competitive markets in enhancing economic growth and poverty reduction, countries find it necessary to develop [continue reading]

source: IOL
Lyse Comins
February 29 2008 at 08:25AM

Consumers were now forking out 13,4 percent more for a trolley-load of basic food items compared to a year ago, but there was hope that rapidly escalating food prices might level out during 2008, economists at the National Agricultural Marketing Committee said on Thursday.

In their quarterly food price survey, they revealed that food prices had increased 13,4 percent year on year to January, driven upwards by higher international wheat and maize prices and the country’s reliance on imports, higher fuel prices, the growing demand for protein from rapidly expanding economies such as China and India, and the demand for maize and wheat by the bio-fuel industry. Eskom’s load-shedding was also contributing to rising food inflation especially in the dairy, bread and fresh produce sectors and was leading to a shortage of [continue reading]

source: IOL
Jo-Anne Smetherham
February 29 2008 at 10:53AM

Eskom has kicked off its massive programme of building new power plants, bringing mothballed plants back into operation and extending existing power stations, in its effort to double electricity production by 2025.

The power utility has started building one new coal-fired plant, is planning to start another soon and is bringing three mothballed coal plants back into operation.

It has also started to build a pump-storage scheme in the Drakensberg, in which surplus electricity will pump water from a lower to a higher dam, and extensions to its gas plants.

An energy analyst has warned that new plants would be delayed by about five years due to “huge international pressure” for new power stations.

In other countries new plants are already years behind [continue reading]

source: BBC News

Zimbabwe’s President Robert Mugabe has launched his re-election campaign by calling the opposition a group of “witches, prostitutes and charlatans”.

He told supporters in Harare that he was certain of victory in next month’s presidential and parliamentary polls.

Mr Mugabe also called his rivals “traitors and two-headed creatures”.

The economy has collapsed under Mr Mugabe, with the annual inflation rate at more than 100,000%. He is accused of rigging the last election in 2002.

Earlier, the head of the prison service in Zimbabwe, Retired Major-General Paradzayi Zimondi, ordered his staff to vote for the president and threatened to resign if the opposition won.

Mr Mugabe’s main challengers are [continue reading]

source: SW Radio Africa

By Tichaona Sibanda
29 February 2008

The Prisons Commissioner, Major-General Paradzayi Zimondi, has ordered his officers to vote for Robert Mugabe in the forthcoming poll, adding he would resign if the opposition won the elections.

At a ceremony to confer new ranks on senior officers this week, Zimondi said he would only support the leadership of Mugabe. He added; ‘I am giving you an order to vote for the President.’

Zimondi was part of the group of the country’s armed forces chiefs who announced on the eve of the 2002 presidential elections that they would not recognise the presidency of anyone who did not participate in the country’s 1970s war of independence. This was in reference to Tsvangirai, a former trade unionist.

The MDC have reacted angrily to Zimondi’s remarks, saying they were an ‘assault on democracy.’ Spokesman Nelson Chamisa said [continue reading]

Craig Urquhart

29 February 2008

What a difference a week can make. Following last week’s reports of squabbling among the local organisers of the 2010 Fifa World Cup, several developments over the past few days have highlighted a marked improvement in communication between the government, the various 2010 role-players and, of course, the South African public.

The Fifa and Local Organising Committee’s latest stadium inspection tour came at an important time, and has helped to put this country’s progress – particularly with regards to the various stadium construction projects – in perspective.

The Project 2010 column: Craig Urquhart The concensus is that most projects are on target, and members of the delegation noted how impressed they were with the effort that was being made, as well as by the level of detail.

There was also some good news on the security front. Airports Company South Africa has announced that [continue reading]