Archive for August 20th, 2009

19 August 2009

South Africa’s gross domestic product (GDP) growth contracted by three percent in the second quarter of 2009, indicating that the economy is still in recession, but with signs that a recovery is in sight.

“The seasonally adjusted real GDP at market prices for the second quarter of 2009 decreased by an annualised rate of three percent compared to the first quarter’s 6.4%,” Statistics South Africa (Stats SA) reported on Tuesday.
Fourth-quarter growth expected

Nedbank economist Nicky Weimer told BuaNews that the figure had been expected by the market. “Overall it is still a weak number,” Weimer said. “However, the good news is that the contraction is at a slower pace.”

Business Day said on Wednesday that when the year’s first-half figures were compared with those of last year, economic growth was down by only [continue reading]

source: SW Radio Africa
By Lance Guma
19 August 2009

Prime Minister Morgan Tsvangirai’s office is working on proposals to change the country’s citizenship laws which have been used to disenfranchise millions of voters. Minister of State in the Prime Minister’s Office, Gordon Moyo, confirmed they were already working on a policy document that will be submitted to cabinet for consideration.

The move is likely to see tens of thousands of Zimbabweans in the diaspora being able to keep their Zimbabwean citizenship, despite having been granted citizenship elsewhere. Current laws prohibit dual nationality. In 2003 Mugabe’s regime also used an amendment to the Citizenship Act to disenfranchise white Zimbabweans of European origin and thousands of black Zimbabweans of foreign origin, mostly working on the farms. Both groups were viewed by the regime as being supporters of the then opposition MDC.

In an interview with the Zimonline news site Moyo said “all we are saying is that [continue reading]

Khama purges Motswaledi

source: Mmegi
Staff Writer

The intra-party animosity in the Botswana Democratic Party (BDP) has culminated in the suspension of its secretary general, Gomolemo Motswaledi, from the party for 60 days.

Motswaledi has been replaced with Wynter Mmolotsi – until now the deputy secretary general – as secretary general, according to information reaching Mmegi.

Both Motswaledi and Mmolotsi are of the Barata-Phathi faction of the BDP that thumped their Khama-led rivals in the Central Committee lections in Kanye last month.

This suspension immediately means Motswaledi is no longer the parliamentary candidate of [continue reading]

source: allAfrica
Witney W. Schneidman
19 August 2009

Nearly ten years old, the African Growth and Opportunity Act (AGOA) continues to be the cornerstone of commercial and economic relations between the United States and sub-Saharan Africa.

This was affirmed at the AGOA Forum in Nairobi this month by ministers from 40 African countries, the high-level U.S. delegation adroitly led by Secretary of State Hillary Clinton and hundreds of representatives from the private sector and civil society.

Participants in the Nairobi forum also agreed that AGOA’s promise is not fully realized.

High Hopes

When AGOA was signed into law by President Bill Clinton in May 2000 there were great expectations. These only increased as [continue reading]

source: Mmegi
Staff Writer

FRANCISTOWN: Good business practice and “other measures” have contributed to the survival of Tati Nickel Mining Company (TNMC), says the company’s Managing Director, Sebetlela Sebetlela.

“We are not saying that we are out of the woods, but we are looking much more positive today,” Sebetlela told a press conference at the end of a tour of Phoenix Mine near here last Friday. “There are a host of other measures that we have put in place that keep us surviving,”said Sebetlela,at a media briefing.

He told journalists that the business environment changed all the time to the extent that “it’s even difficult to predict the future with any precision”. However, there were improvements on [continue reading]

source: SW Radio Africa
By Violet Gonda
19 August 2009

The transparency of the appointment of commissioners to the Zimbabwe Media Commission (ZMC) has been put under the spotlight again after two candidates, who had passed the first round interviews, have allegedly been removed from the final list to pave the way for ZANU PF loyalists.

After days of bitter complaints from ZANU PF about the process of choosing nominees to sit on the ZMC it has now emerged that the shortlist of 12 candidates has been sent to Robert Mugabe for final selection. Although the list sent to Mugabe has not yet been made public, it is reported that Chris Mutsvangwa, a Zanu-PF activist and former ambassador to China, has been included, despite not having been on [continue reading]