Archive for March 24th, 2008

source: Sunday Standard
by Sunday Standard Reporter
23.03.2008 6:40:40 P

The Central Kgalagadi Game Reserve (CKGR) is expected to be a huge money spinner for tourism big shots who will set up shop on the land where Basarwa were evicted.

Government is already in the process of awarding trading licenses to investors who wish to build lodges inside the CKGR.

This comes a few months after the Department of Wildlife and National Parks (DWNP) ran advertisements inviting applications for concessions to run lodges inside the game reserve.
DWNP Director, Rapelang Mojaphoko, confirmed this week that they are in the process of awarding concession licenses.

This comes a few months after the new owners of the controversial diamond mine at the CKGR announced their plans to develop the site.
After wrapping up the purchase of the Gope Mine from De Beers in a 34 million dollar deal, Gem Diamonds announced plans to develop the [continue reading]

source: BBC News

Zimbabwe’s main opposition party has accused the government of printing millions of surplus ballot papers for the presidential and legislative polls.

The Movement for Democratic Change (MDC) says leaked documents show nine million papers have been ordered for the country’s 5.9 million voters.

But, the head of the electoral commission rejected suggestions that the extra papers might be misused.

Judge George Chiwese told the BBC that the vote would be free and fair.

President Robert Mugabe has accused the MDC of treasonous links with Britain.

Speaking ahead of the 29 March election, he said the opposition would never take power as long as he was alive.

The MDC’s secretary general Tendai Biti said the [continue reading]

source: Sunday Standard
23.03.2008 6:34:41 P

Effective 1st April this year, PG Timbers and Builders Merchants Botswana (BMB) will join the market as the second largest building materials suppliers – after Builders World Botswana.
This was confirmed by equity partners in both companies – Venture Partners Botswana (VPB), this past week.

Giving a case study at the just ended 7th Africa Venture Capital Association (AVCA) conference in Gaborone, Chief Investment Officer of Venture Partners Botswana, Ndaba Mpofu, hinted at the possibility of a merger of the two firms.

In a separate interview with The Sunday Standard, his Managing Director, Anthony Siwawa, confirmed the merger, saying it would be effective as of April 1st this year.

In his case study, Mpofu told delegates of how they performed a successful surgery on a bed-ridden and condemned PG Timbers. By 2003, the company was [continue reading]