Archive for April 8th, 2008

source: BOPA
08 April, 2008

SELEBI-PHIKWE – Selebi-Phikwe Town Council will engage a debt collector to recover over P4.3 million owed to it, Deputy Council Clerk Terence Ntalabgwe has said.

In an interview , he said the council has tried various ways to encourage people to pay up, but they are not coming forth and this has forced them to follow up defaulters through other means.

We have even tried house to house campaigns to encourage people to pay or come to our office to discus how we can help, they are not forthcoming, and we have realized that what is owed is increasing and had decided to engage debt collectors he said.

He said over P1.9, P1.6 million and P733 000 are owed to SPTC as Rates, Service Levy and Building Material Loan (BML) for Self Help Housing Agency (SHAA) respectively.

Mr Ntalabgwe said over the years the council has tried all necessary means to encourage people to pay and explained why it was important to do so for the council to carry its mandate to [continue reading]

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source: ZimOnline
by Sebastian Nyamhangambiri Tuesday 08 April 2008

MDC supporters — High Court began hearing the party’s election petition on Tuesday

HARARE – Zimbabwe’s High Court is hearing an opposition application demanding an immediate release of presidential election results after ruling earlier on Tuesday that the matter was urgent.

The opposition Movement for Democratic Change (MDC) party wants the court to order the Zimbabwe Electoral Commission (ZEC) to release the results of a presidential poll held together with elections for parliament 10 days ago.

The court had postponed the matter several times since Saturday as lawyers from both sides argued first over whether the court had powers to hear the matter and whether it should be treated as urgent.

Zimbabwe was plunged deeper into political crisis after [continue reading]

source: Mmegi

BY MOGOMOTSI MOLOI
CORRESPONDENT

At least clients who wish to open new accounts, get personalised cheque books and Visa electronic debit cards at Standard Chartered Bank would no longer queue for a long time, thanks to the newly introduced 30-Minute Banking system.

The initiative was launched last week at the bank’s headquarters in Gaborone. It allows customers to walk into any branch, open an account and have access to it immediately – all within 30 minutes. It is available at all Standard Chartered branches countrywide. Failure to provide this service in 30 minutes under certain terms and conditions will empower a customer to claim P10 for every minute that their account opening is not completed.

The bank says this is one of its continued efforts to improve its services in order to give clients quality service. A press statement from Standard Chartered says [continue reading]

source: BOPA
08 April, 2008

JWANENG – Botswana should brace for a shortage of milk in 2010 unless the countrys dairy farming capability is scaled up.

In an interview, head of dairy section in the Ministry of Agriculture Mr Lebane Nthoyiwa said Botswana still had a long way to go to achieve self sustenance in milk production.

This is in spite of the fact that the market for milk and milk by-products remains largely unexploited.

Mr Nthoyiwa says government needs to intervene to avert a crisis resulting from South Africa, the major supplier, stopping milk exports in 2010.

South Africa is expecting to host millions of tourists in 2010 because of the FIFA World Cup.

Botswana was hit by a shortage of milk last year.

Mr Nthoyiwa challenges Batswana to venture into dairy farming to [continue reading]

source: Mmegi

BY MOGOMOTSI MOLOI
CORRESPONDENT

The Local Enterprise Authority (LEA) and Stanbic Bank Botswana signed a Memorandum of Understanding (MoU) last Friday to help the Small Micro-Medium Enterprises (SMME) in the country.

In a ceremony at LEA offices last Friday, Chief Executive Officer (CEO) Dr Tebogo Matome and Stanbic managing director Dennis Kennedy, signed what was said to be an agreement in developing a vibrant SMME sector as an integral part of the economic diversification and poverty reduction strategy in Botswana.

Matome said their marriage with Stanbic is an important achievement in their efforts to improve the SMMEs financing climate in Botswana. The agreement is meant to help facilitate SMMEs access to finance. Matome was pleased to learn that Stanbic has a Business Banking Unit that offers comprehensive service to new and growing business owners and that it has been [continue reading]

source: BOPA
08 April, 2008

BOKSPITS – Farmers at Bokspits, Rapplespan, Vaalhoek and Struizedam (BORAVST) have requested relevant authorities to consider allowing Gemsbok Border near Bokspits or Middlepits Border to issue export permit for pelts.

Speaking in an interview farmers said in the past it was very easy for them to export their pelts as they used a nearby border, adding that nowadays they are required to export their pelts through Ramatlabama border which is very far and very expensive.

They said because there is no market for their pelts in Botswana and South Africa they have to travel more than 2 000 kilometers to reach Naakop border in Namibia where there is a market for the pelts.

Mr Jan Matthys said they were told by the authorities to export their animal products through Ramatlabama border only.

Mr Matthys said using Ramatlabama is very tiresome because they had to [continue reading]

source: Mineweb
Monday , 07 Apr 2008

HIGHLIGHTS

Massive and disseminated nickel sulphide mineralisation has been intersected in drilling at the Sunnyside prospect in Botswana.

Mineralisation has been intersected in 5 drill holes over a strike length of 400 metres and is open in several directions.

Ni, Cu and Co have been confirmed by partial assay results received for one drill hole, with up to 1.3% Ni, 0.37% Cu and 0.08% Co in a semi-massive sulphide interval.

Further assay results are expected to be available in the coming weeks.

Drilling is continuing, with a third rig now mobilised to site.

Sunnyside Nickel Prospect

The Sunnyside prospect forms part of an 8,705 square kilometre tenement package held by Albidon to the south of Selebi-Phikwe, Africa’s premier nickel mining district, located in eastern Botswana. This large package of [continue reading]

source: Mmegi

BY WANETSHA MOSINYI
STAFF WRITER

The Botswana Stock Exchange (BSE) has been advised to list renown international Exchange Traded Funds (ETF) like the SATRIX 40.

Analysts told BSE on Thursday that formulating an ETF requires liquidity, which the local bourse adversely lacks and the option is to go for the international funds. They said the planned introduction of ETFs on the BSE will transform the local capital market significantly. They were speaking at a one-day inaugural ETF comprehensive conference organised by BSE in partnership with Bifm at the Gaborone International Convention Centre (GICC). “It might be difficult to formulate the ETF based on BSE stocks because of lack of liquidity, unavailability of an index, the structure and size of your market. The option you have is to list international recognised ETFs,” general manager of Satrix Securities Mike Brown said.

Satrix Securities are listed on [continue reading]

source: SW Radio Africa

By Lance Guma
07 April 2008

On Monday the High Court postponed a decision on whether the Zimbabwe Electoral Commission should be forced into releasing presidential election results, until Tuesday. The good news for the opposition is that Justice Tendai Uchena ruled the court did have jurisdiction to rule on the matter, although ZEC had argued the court had no authority over them. Nine days after a landmark election that saw the MDC hand Zanu PF it’s first electoral defeat in 28 years, the presidential results have still not been announced. New information leaked by ZEC officials alleges that Tsvangirai won the presidential vote by 57,8 percent, and that Mugabe had demanded the reversal of this outcome, to ensure a second round of voting.

A crackdown on ZEC officials has already been launched with allegations that senior members at the command and collation centre at the Sheraton Hotel are under virtual house arrest. Members of the CIO are closely monitoring their movements. In Masvingo a policeman was arrested after [continue reading]

source: SouthAfrica.info

7 April 2008
The South African National Research Network (Sanren) reached a significant milestone last week when the first four research infrastructure sites went live in Johannesburg, representing a major step forward in the creation of an information and communications technology platform for South African research.

Teams from the Tertiary Education Network (Tenet), the University of the Witwatersrand (Wits), the University of Johannesburg (UJ) and second landline operator Neotel have worked closely together to deploy the network.

In a statement last week, Neotel said the network marked a key change in the research and development community in South Africa, and was set to place local research and development on [continue reading]

source: Mmegi

A major development in the drive towards utilisation of solar energy took place last Tuesday when a local company that focuses on electricity-saving devices and innovative energy applications, Vilart Energy, put up two solar-powered streetlights in Gaborone.

The streetlights are part of a demonstration the company is carrying out for the Gaborone City Council. The facility runs on a 75-watt PV panel, which is powered by the sunlight that falls directly on it for 5.5 hours per day. The converted energy from the sun is stored in a 700-watt battery, which stores enough energy to power the light for five days even if there is no sunlight. It has an inbuilt light sensor controller that automatically switches the light on at dusk. The facility has minimal maintenance needs. The PV panel has a 20-year lifespan, while the battery carries a two-year warranty. The facility is lab-tested and approved by the South African Bureau of Standards (SABS).

Vilart Energy’s chairman, Mesh Moeti, says the company has [continue reading]

source: Mmegi

BY TUMELO SETSHOGO
CORRESPONDENT

The Botswana Defence Force (BDF) is reportedly on high alert following the delayed announcement of results of presidential elections in neighbouring Zimbabwe. Reliable sources within the BDF told Monitor on Saturday that the military has been on standby should events in Zimbabwe threaten the peace and tranquility of Botswana.

The sources said over the weekend that BDF has been on the alert since Thursday and they are not aware when this will end. “We have been on a standby since last week Thursday should anything happen in Zimbabwe,” said a BDF soldier.

Word on the streets of Gaborone is that the BDF has been on the alert because of the events in Zimbabwe. Some people in the city said their friends and relatives who are members of the army told [continue reading]

source: allAfrica
The Herald (Harare)

8 April 2008
Posted to the web 8 April 2008

Harare

FIVE Zimbabwe Electoral Commission officials have been arrested on allegations of tampering with election results and prejudicing Zanu-PF presidential candidate President Mugabe of 4 993 votes cast in four constituencies in the just-ended harmonised elections.

Police chief spokesman Assistant Commissioner Wayne Bvudzijena confirmed the arrests yesterday.

One of the ZEC officials, Asst Comm Bvudzijena said, was arrested in Manicaland, two in Masvingo and another two in Mashonaland Central.

He could, however, not give details of the constituencies where the crimes were allegedly committed for fear of [continue reading]