Archive for April 9th, 2008

source: Mmegi


The executive secretary of the Southern African Customs Union (SACU) Tswelelopele Moremi has said the organisation has achieved a lot since the establishment of its secretariat.

She told a media briefing on the outcome of the 14th SACU council of ministers meeting in Phakalane Golf Estates on Friday that SACU has made great strides in the development of various instruments like tariff board, national bodies, SACU single origin, mutual administration document and capacity building. “Establishment of a permanent institution which in this case is the secretariat, mobilisation of technical liaison committees and the commission and the common external tariff have been achieved to date,” she said.
The Commissions and Technical Liaison Committees (CTLC) are a continuation of institutions that existed under the [continue reading]

source: allAfrica
The Monitor (Kampala)

9 April 2008
Posted to the web 8 April 2008

Joseph Olanyo

AFRICAN Union (AU) trade and finance ministers want the recently initialled trade deals between the European Union (EU) and African countries to be re-negotiated in the context of a comprehensible full agreement saying it has contentious issues.

In their declaration at the end of a three-day trade meeting in the Ethiopian capital Addis Ababa, April 1-3, the Ministers said the definition of substantially all trade, transitional periods and export taxes, among others, should be reviewed to ensure an all inclusive comprehensive Economic Partnership Agreements (EPAs) that would safeguard development and regional integration efforts. Free circulation of goods and national treatment are others. The ministers are urging negotiators to ensure that the development dimension is comprehensively addressed in all sectors of the full deals.

“We reiterate the need for an urgent meeting at the highest political level between the leadership of Africa and of European Union as a follow-up of decisions and recommendations of the Africa-EU Summit of [continue reading]

source: allAfrica
Business Day (Johannesburg)

8 April 2008
Posted to the web 8 April 2008

Regis Nyamakanga

IN A move to accelerate the global roll-out of mobile wallets, Fundamo, a local mobile banking and transaction solutions provider, has entered into a partnership with Accenture, a global management consulting and technology services company.

Fundamo CEO Hannes van Rensburg said in an interview that the company has also signed a reseller licensing agreement with BSI Technologia, a Brazilian banking solutions company, which will allow BSI Brazil to sell Fundamo’s mobile technology to the Brazilian market.

Van Rensburg said demand for mobile wallets was on the rise because of penetration by mobile phones into communities globally.

He says the mobile wallet is a fully functional and secure account that the consumer can use for convenient and secure payments from a mobile phone.

Combined with a payment card, the [continue reading]

source: Mmegi


The new regulations restricting entertainment and sale of liquor hours have failed to come into effect on April 1 as planned because of a technicality.

An official of the Ministry of Trade and Industry said the regulations cannot take effect because they have not been gazetted and the draft is still with the Attorney General’s Chambers.

Previously, the Minister of Trade and Industry, Neo Moroka insisted that the controversial regulations would come into effect April 1.

He is still to brief Parliament about the regulations. An attempt to include the regulations in the statute law caused an uproar in the past before it was thwarted by Parliament.
Some people who are [continue reading]

source: BOPA
08 April, 2008

SELEBI PHIKWE – The general manager of BCL Mine says though time is ripe to toss around with the idea of setting up a copper/nickel refinery in Selebi-Phikwe consideration should be given to cost recovery.

Reacting to the parliamentarians suggestions, Mr Mphathi said the idea should be considered against other factors, such as whether the project will be able to recover its cost.

Though the general manager believed beneficiation was an excellent idea that could drive the economy and create employment , he also felt that the plant may not be a wise economic decision since the mines lifespan is expected to go up to 2013.

He said the current arrangement with Zimbabwe and Norway was working fine, as the company is not making huge losses, Currently we send our product to Zimbabwean refineries to process into finished product, which is later sent back to us to sell, he said.

He however indicated that copper deposits have been discovered around the mine, which brought hopes of [continue reading]

source: SW Radio Africa
By Lance Guma
08 April 2008

High Court judge Tendai Uchena postponed to Wednesday a ruling on an application by the MDC demanding the release of presidential election results from the Zimbabwe Electoral Commission. Despite an earlier ruling that the matter was urgent, the judge demanded a second round of hearings ‘to deal with matters with full concentration.’ It remained unclear whether the judge was physically tired or just needed more time and arguments from the different legal teams. The case will begin again 10am on Wednseday.

Opposition lawyer Alec Muchadehama told the court his clients ‘have a legitimate concern to have the results announced expeditiously.’ ZEC however had sought to block the High Court from intervening, by arguing it had no jurisdiction to order ZEC to announce the results. This argument was thrown out by Uchena and paved the way Tuesday for the actual court case to begin. Both ZEC and MDC lawyers spent the day putting forward their main legal arguments on the matter.

It has taken over 4 days just for the matter to be heard. On Saturday armed police temporarily blocked MDC lawyers from [continue reading]

source: IOL
April 09 2008 at 06:51AM

By Sipho Khumalo, Sapa-DPA, AFP, Reuters

ANC President Jacob Zuma, in comments that are in stark contrast to President Thabo Mbeki’s statement on the Zimbabwean elections, says it is unfortunate that more than a week has passed without that country releasing its presidential results.

Meanwhile, the Congress of SA Trade Unions (Cosatu) and the Zimbabwean Congress of Trade Unions (ZCTU) demanded in a joint statement that the results be announced.

Interviewed on Tuesday, Zuma said he did not think the delay augured well for democracy in Africa.

His view differs from that of Mbeki, who told journalists in London at the weekend that the situation in Zimbabwe was “manageable” and that Africans should be given space to deal with situations on the continent.

“I think the Zimbabwe Electoral Commission should have announced results by now, Zuma said.

“It is not a good thing to keep the nation in suspense. Now the Zimbabwean elections have become an international issue. We all expected that once the elections were finished, results would be announced. Now there are suspicions from the people.”

Zuma confirmed that he [continue reading]