Archive for December 2nd, 2008

source: miningmx.com
Allan Seccombe
Posted: Mon, 01 Dec 2008

[miningmx.com] — CIC Energy selected China’s power station builder Shanghai Electric Group to build a 1,320 megawatt power plant at its $3bn Mmamabula coal mine and electricity generation plant in Botswana.

There is still some way to go before construction starts in mid-2009, with a number of contracts that have to be agreed, most notably the power offtake deals with South African electricity utility Eskom and Botswana Power Corporation.

“As terms and conditions of these agreements had been substantially negotiated previously, CIC Energy anticipates concluding the agreements in mid-2009,” CIC Energy president [continue reading]

source: Mmegi
By Chandapiwa Baputaki
Staff Writer

Students at the University of Botswana (UB) Centre for Continuing Education (CCE) have accused the university management of trying to use the students to protect lecturers, who allegedly sell exam papers to students.

This follows the announcement that third year Diploma in Accounting and Business Studies (DABS) students will have to re-write the economics and taxation and business tests this weekend to make up for the exam that was leaked in May this year, after some students were sold the papers allegedly by some of their lecturers.

Speaking on condition of anonymity for fear of victimisation, a student told the Monitor that a few students were caught revising examination papers that were exactly the same as the ones that were to be written. The student explained that the results revealed that many students might have had access to the exam paper and therefore they were required to re-sit that test.

“It happens that when one student has bought a paper he or she would sell that to other students to recoup their money. The paper ends up [continue reading]

source: Standay Standard
by Prof Malema
30.11.2008 8:23:51 P

Francistown:- In the little town of Francistown, just 400 kilometers north of the capital Gaborone, sits the oldest town in the country.

In the olden days, this place was nourished with gold and nickel metals which are only associated with the queens and the kings of this world.

Over the last four months, there has been a sale by DTC Botswana indicating the impact of the global recession.

The dimension has taken a very different picture, with companies estimating that it would slash up to 20 percent of the media advertising out of the P 100 million that is usually used per year.

Government was estimated to have harvested P 20 billion—given the fact the people were honest payers—- through taxes alone but the figure is thought to be around P 13 billion.

“We all have to be honest if we do really want this country to push forward. I have invested a lot of [continue reading]

source: Mmegi
By Monkagedi Gaotlhobogwe
Staff Writer

Skeletons are beginning to tumble out of the mysterious deportation of Zimbabwean pastor, Pastor Edmore Andy Chijena of Christ Embassy Church last August. It is understood that church members lost millions of Pula when they gave away huge sums of money and property such as houses and cars to the church.

Little did they know that the generous contributions will be misappropriated by the pastor and his relatives.

Though Chijena who managed to turn Christ Embassy into a crowd puller of note is said to have pocketed P2.7 million that members contributed to build a church at a plot near Game City, where a college is currently located.

Saddened church members say the man they fondly called Pastor Andy established and administered a building fund around 2005 or 2006. The money was meant to build the headquarters of the church but this never happened.

Pastor Andy told the church members that he had found a [continue reading]

source: Mmegi
By Brian Benza
Staff writer

The long-awaited privatisation of the national airline Air Botswana would significantly boost the tourism industry due to increased volumes of visitors to the country, says eco-tourism group Chobe Holdings.

Presenting the group’s results for the six months ended 31 August 2008, Chobe Holdings Managing Director Jonathan Gibson said the privatisation of Air Botswana was expected to bring more confidence to the travel industry.

The privatisation of Air Botswana has been frozen after management contract negotiations with Com Air of South Africa snagged and before totally collapsing early this year.

“Given the perception that Air Botswana remains an unreliable provider of regular airline services, the tourism industry continues to explore alternative entry points, mainly through neighbouring [continue reading]

source: The Standard
Saturday, 29 November 2008 19:28

MAPUTO — Mozambican police on Thursday arrested two Pakistan nationals trying to smuggle US$225 million in cash into Zimbabwe through the Machipanda border post in central Manica Province, Radio Mozambique reported last week.

Quoting police officials, the state-controlled broadcaster said the money was stashed in an old sack in the boot of a light vehicle when police and customs officials pounced on the suspected smugglers while conducting routine checks.

The two Pakistanis did not reveal the purpose of the money but said they were going to Zimbabwe, where their diplomatic representation is based, to update their residence permits for Mozambique.
Police spokesperson in Manica Province, Pedro Jamusse, told the broadcaster it was the first interception of such large sums of money after Machipanda border became notorious for illegal foreign currency transits.

“This is a huge [continue reading]

source: BOPA
28 November, 2008

SEROWE – The Central District Council (CDC) has embarked on an operation to impound livestock roaming around Serowe.

A total of 190 cattle were impounded during the month of September with owners charged over P5 700, according to the Chief Bye-Law Enforcement Officer, Mr Bigani Kgomotso.

In addition he explained that people whose property was destroyed by such animals could file a civil suit against the livestock owners.

Mr Kgomotso said that the council is in the process of amending the Livestock Control Bye-Laws following complaints that the maximum penalty of P200, is not deterrent enough.

The amendment is expected to be in line with the Local Government Act (District Council) that was revised in [continue reading]

source: International Herald Tribune
The Associated Press
Published: December 1, 2008

HARARE, Zimbabwe: Police wielding guns and riot sticks skirmished with unarmed soldiers in Zimbabwe’s capital Monday, after frustration over unpaid wages touched off a riot.

Police took away one civilian hit by a bullet.

Trouble began when soldiers attacked money changers and stole cash after being unable to draw their wages at banks. Zimbabwe’s dire financial situation has triggered a cash shortage, making it impossible for people to get access to enough money to survive.

Associated Press reporters watched as hundreds of people gathered, some lobbing stones while others cheered. Rioters broke windows in at least two shops, rushed in and grabbed groceries and clothing.

As violence spread through central Harare, two trucks filled with riot police carrying tear gas canisters headed downtown. Men in plainclothes and armed with submachine guns — assumed to be intelligence agents — began arresting [continue reading]

source: allAfrica
Business Day (Johannesburg)
1 December 2008
Siseko Njobeni
Johannesburg

WEDNESDAY’s big drop in fuel prices will put approximately R2,3bn into the hands of South African households, business and the government, according to an economist.

In line with the forecasts of several economists, the minerals and energy department announced on Friday that petrol, diesel and paraffin prices would drop on Wednesday. The retail price of petrol would fall by 161c/l, the department said.

Economist Tony Twine said on Friday the decrease was the biggest so far seen in SA. Paraffin would decrease by 75c/l, 0,05% sulphur diesel by 81c/l and 0,005% diesel by 80c/l.

Twine said the fall in fuel prices was likely to ease the [continue reading]

DK warns against changes

source: BOPA
28 November, 2008

PARLIAMENT – Parliament on Wednesday endorsed the bill to amend the Electoral Act.

Minister for Presidential Affairs and Public Administration, Mr Daniel Kwelagobe tabled the bill for debate on Tuesday.

Responding to comments made by MPs during the debate, Minister Kwelagobe cautioned against tinkering too much with the Electoral Act as some changes might prove to be shortsighted later.

He cited the change to reduce the voting age, saying this is yet to yield the intended results.

“In the past we have lowered the voting age from 21 to 18 and made provisions for Batswana living abroad to be able to vote, but these amendments were not worthwhile as they didn’t produce the desired results,” he said.

He, however, said the Independent Electoral Commission (IEC) was looking at ways through which it could help people with sight problems to [continue reading]

source: allAfrica
Business Day (Johannesburg)
Mariam Isa
1 December 2008

Johannesburg — SA’s trade deficit widened unexpectedly to R9,8bn last month as oil and machinery imports climbed, but a number of trends are in place which will help the balance to improve in the next few months.

That will in turn ease pressure on the shortfall on SA’s large current account, allowing it to shrink significantly next year, which is good news for the volatile rand.

Consensus forecasts from a Reuters poll predicted that the trade gap would narrow to R6bn from R7bn in September, but the data from the South African Revenue Service is volatile.

“Our baseline view remains that the trade account deficit will continue to improve in response to a weaker rand and softer domestic demand,” said Barnard Jacobs Mellet economist Elna Moolman.

Continued volatility in prices for commodities and the rand did “not derail our view that the current account deficit will [continue reading]

source: Standay Standard
by SUNDAY STANDARD REPORTER
30.11.2008 8:21:54 P

SELEBI PHIKWE: Normally when commodity prices are low, miners usually look at cutting costs.
The painful options they consider are to close operations and reopen them when prices are up or to retrench staff.

At BCL, which runs a huge underground mine, the option of cutting staff to save the company some money is likely although it will face resistance from the Botswana Mine Workers Union (BMWU). The mine executives were this week not ruling out retrenchment possibilities because of the fall in base metal prices (nickel and copper).

The company’s General Manager, Montwedi Mphathi, was this week diplomatic with words lest he faces the wrath of the unions when he responded to media enquiries at a press conference.

“I do not think that any business can rule out any retrenchments under the current situation,” said Mphathi. “We have to look at deficiencies although our aim is to [continue reading]

source: BOPA
28 November, 2008

PARLIAMENT – Government is working towards addressing the problem of trucks which use the tarred road lane leading to the ferry as a parking bay at Kazungula border post.

Answering a question in Parliament, Assistant Minister of Works and Transport Mr Frank Ramsden said that the situation caused congestion and compromised safety on the road.

He said in order to address the congestion at the border post, his ministry was in the process of procuring a contractor to construct a five-metre wide and 1.4 km long temporary parking lane along the tarred road to Kazungula boarder Post.

Mr Ramsden said the construction was planned to start in December 2008 and was expected to take one month to complete.

“As a medium term solution to the congestion at Kazungula Border post, we have decided to construct a parking zone for trucks some 40 km outside Kazungula along Nata/ Kazungula road.” As for the prostitution allegedly taking place in the area and the [continue reading]

Fake Drivers` Licenses

source: Mmegi
By Isaiah Morewagae
Staff Writer

The Department of Roads Transport and Safety (DRTS) has warned the public of conmen who pose as officials working for the department and swindle customers of their hard earned cash.

This follows a number of incidents in various DRTS offices in Gaborone in which a number of unsuspecting victims are reported to have been swindled of large amounts of money in what is believed to be a driving licence scam by some conmen in Gaborone.

The fraudsters are said to be impersonating DRTS officers.
The department said the conmen frequent their offices around Gaborone for various services, pretending to be working for the department and illegally rob people of their money.

The department further warned that it would take serious actions against such [continue reading]