Archive for February 18th, 2010

source: Mmegi
MBONGENI MGUNI
Staff Writer

Government is mulling over a possible tariff increase or capital injection for the Botswana Power Corporation (BPC) whose continued operations are reportedly threatened by severe cash flow constraints.

For nearly three years, the BPC has returned losses to its sole shareholder, government, owing mainly to the increasing costs of supplies, material and operations set against virtually static tariffs. While the corporation’s rising expenses have been driven by its mandate to electrify the country, government has been hesitant to authorise an onerous tariff increase to [continue reading]

Advertisements

source: Mmegi
BRIAN BENZA
Staff writer

A 22 member business delegation from Germany is in the country to explore investment opportunities in various sectors of the economy mainly mining and energy.

The visit, which is the culmination of BEDIA’s efforts to lure investors from around the world, is expected to boost foreign direct investment and trade between the two countries which is currently negligible.

Speaking at a seminar to brief the Germans on the opportunities in Botswana in Gaborone yesterday, BEDIA CEO Jacob Nkate was hopeful that the coming of the delegation marks the beginning of a fruitful bilateral economic and investment relationship between the two countries .

” As we come out of the recession, I believe the beginning of [continue reading]

source: allAfrica
The Herald (Harare)
Published by the government of Zimbabwe
Sydney Kawadza
18 February 2010

Harare — President Mugabe yesterday called on Zimbabwe to ignore the European Union’s decision to extend illegal sanctions by another year and concentrate on exploiting the country’s vast natural resources.

Speaking to journalists after officially opening the Pan-African Tourism Investment Summit in Harare yesterday, President Mugabe said the West had always worked against the rise of developing countries.

“In Ghana they say ‘don’t mind’. We know their attitude. They do not want anyone, any country in the developing world to make any meaningful development strides.

“That attitude is more pronounced in regard to Zimbabwe.”

President Mugabe said the EU was envious of Zimba-bwe’s abundant natural resources and was scuttling efforts to [continue reading]

source: BOPA
17 February, 2010

A decision has been taken to upgrade the wildlife camp at Nata to service areas around Gweta, Nata, Sepako as well as Tutume, Parliament heard.

The Minister of Environment, Wildlife and Tourism Mr Kitso Mokaila said Nata is in a central and hence strategic location for the efficient deployment of the limited resources in the area. Currently, Mr Mokaila said Tutume sub district is serviced by the department of wildlife and national parks office in Francistown.

He said efforts are ongoing to [continue reading]

Mugabe: End Zim sanctions

source: Fin24
Feb 17 2010 20:58

Harare – President Robert Mugabe said on Wednesday that he and his partners in Zimbabwe’s unity government agreed that “sanctions must go”, a day after the European Union extended its restrictions on the country.

“We are in agreement,” Mugabe told reporters after a tourism conference in Harare. “We are all agreed that the sanctions must go.”

EU leaders on Tuesday renewed sanctions against Zimbabwe for another year, citing a lack of [continue reading]

source: Mmegi
GASEBALWE SERETSE
Staff Writer

One of the local farmers, Lopang Seloma has urged Batswana to venture into growing indigenous fruit-trees for commercial purposes.

Speaking to Mmegi during an interview, Seloma said that indigenous trees bear nutritious fruit and that growing them will not only improve the diet of locals but will also help preserve them.

“After acquiring my farming plot, it came to my mind that I could not plant exotic fruit-trees at the expense of indigenous ones like other farmers,” he said.

Seloma grows local fruit-trees such as mmilo, mumpudu, motongolo, moretologa, morula, morojwa, mogorogwana and motsentsele on his farm in [continue reading]

source: BBC News

The World Cup is expected to add 0.5% to the country’s economic growth

The South African government expects the country’s economy to grow by 2.3% this year, helped in part by the football World Cup in the summer.

The prediction of a return to economic expansion after last year’s recession was given by Finance Minister Pravin Gordhan as he delivered the budget.

He expects the World Cup to add 0.5% to the country’s 2010 economic growth, led by visiting football fans’ spending.

Mr Gordhan added there would be a new effort to [continue reading]

SADC has peace, stability

source: BOPA
17 February, 2010

GABORONE – The Executive Secretary of the Southern African Development Community (SADC), Dr Tomaz Salomao has assured a visiting delegation of the Canada-Africa Parliamentary Association that peace and stability exists in the region despite some challenges encountered in some member states.

Dr Salomao said its common to see someone driving from Gaborone to Maputo via South Africa without any hassle or form of threat as it was the case when some countries in the region experienced some political turbulence.

He said even though some countries in the region are experiencing some political instability this has not negated peace in the region. He stated that last year all the countries which went to the polls ran them smoothly with all the political parties accepting the results as [continue reading]

source: BOPA
17 February, 2010

HUKUNTSI – The chairperson of Northern Kgalagadi Farmers Association, Mr Abel Baumake has raised concern about the shortage of farming land in their area saying that it cripples their plans to graduate into big time commercial farmers.

Mr Baumake said this when addressing the farmers in the Kgalagadi area. He said it was disappointing to note that the government had devised programs intended at improving farming in Botswana but the programs are not of benefit to the farmers in Kgalagadi since there was no land within which to implement the programs.

It is high time that the government reviews the land policy in Kgalagadi because I understand that we only have 30 percent of the community grazing land allocated to us while the remaining 70 percent is allocated for wildlife management. Therefore it is very difficult for us to implement any of the programs that require more land to [continue reading]

source: News24
2010-02-17 21:15

Johannesburg – The government squandered another opportunity to encourage smokers to quit and to raise revenues, the National Council Against Smoking said on Wednesday.

Council spokesperson Dr Yussuf Saloojee said Finance Minister Pravin Gordhan’s budget increase of R1.24 more on a packet of 20 cigarettes was no surprise.

“[The] finance minister has obdurately stuck to a policy which keeps tobacco taxes low and so favours the tobacco companies at the expense of public health and government revenues,” he said.

He said tax on tobacco products in South Africa was [continue reading]

source: BOPA
17 February, 2010

GABORONE – South Africa is working tirelessly in consulting police services not only of the southern African region, but also of the participating countries to work together to close all the loopholes that could prove effective in ensuring safety and security during the World Cup due to be from June.

The acting Public Relations Officer of the Botswana Police Service, Senior Superintedent Dipheko Motube said currently discussions are underway to stem the tide of escalation in violent crimes that could impact on the tournament.

Mr Motube said several issues were discussed at the recent [continue reading]