Archive for June 5th, 2008
In the first quarter of 2008, mineral earnings continued to contribute significantly to the national coffers as both diamond and copper/nickel exports grew significantly compared to the last quarter of 2007.
According to a March 2008 financial statistics report from the Bank of Botswana(BoB), diamond exports grew by 63.6 percent and 53.9 measured in Pula and US Dollar terms respectively, when compared to exports in the last quarter of 2007.
Statistics show that a total of P3.9 billion worth of diamonds was exported between October and December 2007. This figure increased to P6.4 billion in the first three months of this year.
The second highest mineral export, copper and nickel, has also registered significant growth in the first quarter of this year, coming from P935 million last year to P1.4 billion between January and March this year.
“However, compared to the same period in 2007, the growth rates were much lower. Annual growth rates [continue reading]
June 04 2008 at 02:48PM
South Africa’s highest court on Wednesday recognised the right of a 66-year-old woman to become chief of her tribe, a position held only by men in the past.
The Constitutional Court decision said the woman, Tinyiko Lwandlamuni Phillia Nwamitwa-Shilubana, had the right to succeed her father as chief despite her cousin’s claim that he was the rightful heir.
Shilubana could not initially succeed her father in 1968, when he died without a male heir, because tribal laws at the time did not permit a woman to hold the position.
Her uncle took up the post instead, but in 1996 and 1997, Valoyi tribal authorities decided Shilubana would succeed her [continue reading]
04 June, 2008
GABORONE – Marsh, the worlds leading insurance broker and risk adviser has launched its Marsh Environmental Service (MES) division in Botswana.
According to a news release from the company MES is an environmental, health and safety consultancy to government, business and industry and is committed to enhancing profitability through pro-active environmental-focused risk management.
The release says MES provides Environmental Impact Assessment, legal compliance audits, project management, technical and legal solutions generation and review, as well as strategic environmental management for an extensive array of clients ranging from large mining companies, oil and energy multinationals, to developers and environmental affairs, government departments and parastatals.
MES Botswana was launched officially at Marshs offices in Gaborone on May 26 during a [continue reading]
After nearly two years, the Mass Media Complex Amphitheatre will soon be in use. .
The Principal Public Relations Officer of the Department of Broadcasting Simon Seisa confirmed yesterday that structures are in place to manage use of the facility located at the main entrance of Mass Media Complex in Phase II in Gaborone
Sources say use of the facility was halted by means of a directive because thugs were taking advantage of events held there to break into Btv and Radio Botswana buildings.
Seisa denies there was ever such a directive but has confirmed that [continue reading]
04 June, 2008
FRANCISTOWN – Gabz FM was launched in style in Francistown ,over the weekend, as fans of urban music, house and classics all had something to smile about.
The events kicked off during the day with a corporate launch for business people in Francistown.
During the evening it got even more exciting with popular Dee Jays Bunz, Lenti, Sid, Miles, OT and Justice dishing out house tunes, R&B mixes and a dash of old time hits till the wee hours of the morning.
Other highlights of the evening were live performances by Bomrapper Stagga, Buckshot and the untouchable THABO, who left fans wanting more.
Prior to all the dancing and screaming, the Mining Manager of Tati Nickel, Thuso Dikgaka said the launch of the radio station in Francistown shows the growth of the broadcasting industry as well as the prosperity of the [continue reading]
04/06/2008 21:37 – (SA)
Cape Town – A new report on crime trends would show that the crime rate was being steadily reduced, said Safety and Security Minister Charles Nqakula in Parliament on Wednesday
Speaking in his budget speech in the National Assembly, Nqakula said the new report due to be released soon would show that police work across the country continued to drive down the levels of crime.
“Of course, more work needs to be done given that, despite the downward trend in crime levels, the levels of violent crime are still unacceptably high,” he said.
He said the police must do more to create the environment of safety and security defined in their mandate.
“We are going to be discussing in due course, here in Parliament, and at other levels of human endeavour in our country, bills that seek to define new ways of [continue reading]
04 June, 2008
SEROWE – Three possible sites have been identified for the construction of the new Serowe Integrated Sport Facility following the closure of a P27 million sports complex due to structural defects.
The facility, which houses the football pitch, athletic running tracks, netball, volleyball, softball and tennis courts was built in 2002 and commissioned in 2003.
Its defects began to show immediately after the commissioning generating calls from various quarters for the construction of a new complex at a suitable site.
There were also suggestions for the rehabilitation of the complex.
Subsequently the government agreed to the construction of the new facility, as the refurbishment was going to cost the government dearly.
Assistant Public Relations Officer at the Ministry of Youth, Sport and Culture, Mr Boniface Mabeo said in an interview that the Department of Building and Engineering Services (DBES) has identified the sites. Therefore preparations to undertake topographic surveys and soil tests are going on.
DBES has been engaged to carry out soil tests with a [continue reading]
Listed near-term diamond producer DiamonEx has decided to offer all shareholders up to 5,000 Australian dollars (AUD), approximately P31,095, worth of new fully paid ordinary shares in order to raise funds needed to provide additional working capital during the ramp-up to full production at Lerala Diamond Mine.
The company, which is listed on the BSE, AIM and ASX, says in a statement that the shares offered are without brokerage costs, for 23.5 cents per fully paid ordinary share. The maximum number of shares that may be applied for is 21,275.
The company says the right to participate in the Shareholder Share Purchase Plan (SPP) is available to all shareholders who are registered as holders of fully paid ordinary shares on the three bourses. The offer is available before close of business today (Wednesday).
The offer is non-renounceable and will close on [continue reading]
source: International Herald Tribune
By Celia W. Dugger
Published: June 5, 2008
JOHANNESBURG: Morgan Tsvangirai, the opposition leader who placed first in Zimbabwe’s March elections and now faces a runoff with President Robert Mugabe, was detained by the police for nine hours on Wednesday and charged with drawing a big crowd, his party said. He was released late in the evening.
“It makes absolutely no sense that a presidential candidate in an election is arrested for attracting crowds of people,” the party said in a statement. The party said Tsvangirai was charged under the Public Order and Security Act, and it called the charge “spurious.”
Amnesty International condemned his detention as part of a “sharp and dangerous crackdown” that has included killings, torture and the intimidation of the political opposition and its supporters.
The opposition party, the Movement for Democratic Change, also said Wednesday that three people sleeping at one of its offices in Masvingo Province were shot dead by [continue reading]