Archive for May 9th, 2008

source: Mmegi
RYDER GABATHUSE
Staff Writer

FRANCISTOWN: The Botswana government has reportedly instructed state media to expose the goings-on in Zimbabwe to the international community.

Mmegi is reliably informed that the directive was issued following a cabinet meeting. The meeting resolved that the Zimbabwean crisis should be exposed to the international community. The directive has been communicated to the government departments of Information Services and Broadcasting Services. A senior government official, speaking on condition of anonymity, said yesterday that a directive has been issued to state media to report extensively on the Zimbabwean crisis. Mmegi can confirm that even the attitude of government officials suggests that they are acting on strict instructions to expose the goings-o n in Zimbabwe For the first time, the public and private press were invited to interview asylum seekers openly at the Centre for Illegal Immigrants in Francistown yesterday.

The place has almost been ‘out of bounds’ to newshounds. But recently it has been freely accessible to the media.

Meanwhile, senior government officials have claimed ignorance of the directive to report proactively on [continue reading]

source: allAfrica
UN News Service (New York)

8 May 2008
Posted to the web 8 May 2008

The United Nations Industrial Development Organization (UNIDO) and Hewlett-Packard (HP) have joined forces to help young unemployed people across Africa build their entrepreneurial and information technology (IT) skills, it was announced today.

The Graduate Entrepreneurship Training Through IT (GET-IT) initiative will initially be launched in six nations – Egypt, Morocco, Nigeria, South Africa, Tunisia and Uganda – and eventually be expanded further to span the African continent.

The scheme seeks to train youth and graduates, who are between the ages of 16 and 25 and do not have jobs, acquire IT skills and run their own businesses.

GET-IT courses will focus on teaching practical solutions for businesses in finance, management, marketing and technology management.

“By providing IT technology, curricula and training for entrepreneurs, we aim to [continue reading]

source: News24
08/05/2008 17:29 – (SA)

Cape Town – Power cuts in the winter months ahead are unlikely if the present power saving trends continue, according to Public Enterprises Minister Alec Erwin.

The overall savings target remains 10%, and the key factor is the behavioural changes that are crucial in the short-term, he told a media briefing at parliament on Thursday.

Erwin said the reason Eskom was able to stop the scheduled load shedding was that “we’re starting to see good performance on the savings”.

“I think the working group with the top 10 customers is really going well. The industrial customers have been hitting the 10% target quite easily.”

The introduction of energy efficient equipment would be very important, he said.

“So some of the work we’re doing with the top ten customers is to improve their metering processes to allow for various implements to be put in that can manage the [continue reading]

source: Mmegi
STAFF WRITER

The pan-African micro-financier, Blue Financial Services, is set to dual list on the Botswana Stock Exchange (BSE) next week in a cash-raising bid to finance new products,while increasing citizen shareholding.

Investor Relations Manager for the lender, Morne Reinders, said from South Africa yesterday that the JSE-listed outfit is listing on the BSE in order to give potential Botswana shareholders both a private and an institutional opportunity to hold publicly-traded shares in Blue.

“We have indicated to the market that we aim to dual list on a number of African exchanges and are proud to announce Botswana as the first of these listings,” Reinders said.

The Botswana listing is the second for the company, after South Africa’s JSE AltX index debut in 2006. Blue operates in Botswana, South Africa and Zambia and it is eyeing other potential markets on the continent for listing after it [continue reading]

source: Marketwire

New drill results show 2.69 %Cu, 52.64 g/t Ag over 13.0 meters (42.6 ft.) and 1.49 %Cu, 24.04 g/t Ag over 17.0 meters (55.8 ft.) in zones 13 km (8.1 mi.) apart

VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 8, 2008) – Hana Mining Ltd. (TSX VENTURE:HMG) is pleased to report results from ten new holes completed as part of its ongoing 10,000 meter diamond drilling program at its sediment-hosted Ghanzi Copper-Silver Project in Botswana, Africa which confirm the large potential of the prospect. All ten holes intersected copper-silver mineralization in two zones. Three of the holes, HA-17, 18 and 19-D were drilled along a 200 meter strike length in Zone 1 and the remaining seven, HA-20-D and HA-22 to 27-D, were drilled along a 300 meter strike length in Zone 2 to the south-west. These two zones are located approximately 13 kilometers apart.

Company President Peter Wilson states, “This is an exceptional mineralized system and our drill results are beginning to show the [continue reading]

source: Mmegi
WANETSHA MOSINYI
Staff Writer

African Diamonds has announced that it is only waiting for a mining licence for Boteti Exploration after receiving a letter from the Ministry of Minerals, Energy and Water Resources stating that its application for a licence at AK6 meets the requirements of section 51 of the Mines and Minerals Act.

The diamond explorer, which is listed on both the BSE and AIM, is part of the AK6 Boteti joint venture in which African Diamonds holds 49 percent and De Beers 51 percent. The company said the government issued the letter and outlined conditions on which it would like to award the mining licence.

The shareholders of Boteti anticipate that final negotiations will be concluded in sufficient time to enable AK6 to be in production by the end of 2009. “We believe that we have the full backing of De Beers and the government of Botswana to move this world-class project towards production and look forward to concluding negotiations as soon as [continue reading]