Archive for July 29th, 2010

source: Mmegi
MONKAGEDI GAOTLHOBOGWE
Staff Writer

While some community trusts are jubilant about the capital raised in the recent auctioning of 92 elephants, sombre mood prevails in other trusts which feel the auction did not go well for them.

The chairperson of Xhauxhwatubi Trust at Phuduhudu, Omphile Mash Libalamwe, says she is unhappy that the auction failed to raise even a quarter of their targeted P1.8 million.

The trust, which is located some 100km from Maun, auctioned 22 elephants, and all of them were snapped up, but buyers were not willing to pay more than P5,000 for them. About 10 elephants were sold for [continue reading]

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source: The Botswana Gazette
Tuesday, 27 July 2010 12:45

As Botswana Power Corporation (BPC) subsidiary BPC Lesedi steps up efforts on rural electrification across the country, the company has joined hands with a strategic partner, Electricite de France (EDF) to ease the task.

EDF and BPC signed a shareholders and share purchase agreement which is expected to prop up the country’s solar photovoltaic systems, reducing pressure on the Corporation’s grid electricity.

The purchase agreement saw EDF fork out P14 million, for a 45 percent stake in BPC Lesedi while BPC remains the major shareholder.

And the joint venture is expected to connect at least 2 000 customers by the end of 2011 and reach 50 000 to 70 000 households within 10 years.

Apart from injecting equity EDF will send an expert who will be [continue reading]

source: Mmegi
CHANDAPIWA BAPUTAKI
Staff Writer

The Ministry of Education has stuck to its original budget in sponsoring new students at the University of Botswana and does not need any additional funds for this exercise.

Speaking to Mmegi yesterday, the permanent secretary in the ministry Ruth Maphorisa, said they had to put their heads together and come up with a plan to source funds for new students.

“We utilised the savings from last year that amounted to P350 million to sponsor new students. Government also took a decision that all civil servants that were supposed to go for [continue reading]

source: SW Radio Africa
By Lance Guma
28 July 2010

South African President Jacob Zuma dispatched one of his top envoys to Zimbabwe, in yet another attempt to try to kick start power sharing talks that are gridlocked over various violations of the GPA by ZANU PF.

Former Transport Minister Mac Maharaj arrived on Tuesday and was expected to meet separately with the three party principals, Prime Minister Morgan Tsvangirai, Deputy Prime Minister Arthur Mutambara and Robert Mugabe. Officials as usual were very coy about releasing any information to the media.

Suggestions that Maharaj would also meet inter-party negotiators were dismissed as wide of the mark by some senior MDC officials. One official also told us Maharaj, as a facilitator in the talks, had no mandate to meet all three principals at once and that the only person who could do this was the chief facilitator Jacob Zuma. The mission to Harare by Maharaj is being viewed as laying the ground-work for a [continue reading]