Archive for July 24th, 2009

source: Mmegi
Staff Writer

FRANCISTOWN: President Ian Khama’s nomination of five additional members to the Botswana Democratic Party (BDP) Central Committee has betrayed his claim that he wants women to control the ruling party.

Of the five nominees, three – the majority – are men. Before his favourites were humiliated at the Kanye congress on Monday, Khama had launched a public campaign to promote women in the party. But when he finally got the chance to walk the talk, he helped to entrench the dominance of men in the party. He roped in Vice-President Mompati Merafhe, past immediate BDP secretary general, Jacob Nkate, ex-Central Committee member, Isaac Seloko alongside two females, councillor Malebogo Kruger and [continue reading]

source: Sunday Standard
by Sunday Standard Reporter
20.07.2009 11:01:16 A

Botswana tax payers are being fleeced of millions of pula by private tertiary institutions which are duplicating names of students sponsored by government and worse – a consultancy has revealed.

BEST Consultants who have been engaged to review the Grant/Loan Sponsorship of the Department of Student Placement and Welfare (DSPW) has turned up information that “in the last few years since DSPW started sponsoring Batswana to study at local private institutions, there have been numerous cases of invoices from these institutions that ended up showing millions of Pula of overcharging per term where, for instance, names of some of the students were duplicated in invoices at different amounts and often with slight differences in information that [continue reading]

source: Mmegi

The Ombudsman, Ofentse Lepodise, has called on the opposition Botswana Congress Party (BCP) to provide evidence that President Ian Khama and the ruling Botswana Democratic Party (BDP) are abusing Botswana Television (Btv).

This follows a complaint to the Ombudsman against Khama and BDP, by the BCP’s deputy secretary general, Motsei Rapelana last month. The BCP says that there is disproportionate coverage of political campaigns by various political parties in favour of the BDP.

However, in his response to the BCP, dated July 8, 2009,Lepodise says that before investigations can be launched, the BCP need to provide [continue reading]

source: Sunday Standard
by Sunday Standard Reporter
20.07.2009 10:57:08 A

Botswana’s biggest trade union, the Botswana Federation of Trade Unions (BOFEPUSU), is challenging its “unlawful and irregular” de-registration in court.

BOFEPUSU, which is a federation of trade unions comprising two largest trade unions in the country: Local Amalgamated Local and Central Government and Parastatal Workers Union and Botswana Public Employees Union, was registered under the Trade Unions and Employers’ Organisation ACT (TUEO) on 12 August 2008.

The union was, however, deregistered earlier this year at the recommendation of the Attorney General’s chambers following representations made to government by [continue reading]

24 July 2009

Seacom has announced that its 1.28 terabyte-per-second, 17 000km submarine fibre-optic cable system linking south and east Africa to global networks via India and Europe has been completed and commissioned.

Backhauls linking Johannesburg, Nairobi and Kampala with the coastal landing stations have been established, and Seacom is working with its national partners to commission the final links to Kigali and Addis Ababa. The entire system will be operated and controlled through Seacom’s network operations centre, which is based in Pune, India.

Shareholders in the US$650-million (about R5-billion) cable include US-based Herakles Telecom (with a 25% stake), Kenya’s Industrial Promotion Services (25%), and Venfin (25%), as well as empowerment groups Convergence Partners (12.5%) and Shanduka (12.5%) from South Africa – making the cable 75% African owned.

South Africa’s second national operator, Neotel, is not part of the cable-building consortium, but owns the [continue reading]

source: Fin24
2009/07/23 03:57:00 PM Sapa & Leani Wessels

Johannesburg – South African consumers are more financially vulnerable than might be expected, according to the Consumer Financial Vulnerability (CFV) Index released on Thursday.

The index, which measures the financial stress of consumers, shows that all income brackets of society are experiencing greater income, savings and debt service vulnerability.

“While debt is a problem, other factors are significant in causing many South Africans to be financially vulnerable,” the creators of the index, FinMark Trust and Unisa’s Bureau of Market Research, said at the survey’s release in Midrand.

The high level of vulnerability was partly explained by [continue reading]