Archive for November 30th, 2010
Shares prices on the Botswana Stock Exchange (BSE) weakened again last week with sellers outweighing buyers as the festive holiday’s profit-taking begins.
The November-December period is traditionally a profit-taking period on most bourses around the world with investors cashing in their stocks.
However, for this year’s season, the cash-in began rather late as investors were still riding high on the high wave of renewed confidence creeping back into the markets with the recovery of the world and the Botswana economy.
“Bearish market conditions persisted on the local bourse much to [continue reading]
source: SW Radio Africa
By Lance Guma
29 November 2010
The United States former ambassador to Zimbabwe, Christopher Dell, highlighted what he felt was former South African President Thabo Mbeki’s bias for Mugabe and ZANU PF during his mediation efforts in 2008.
On Sunday the WikiLeaks website released over 250 000 damaging documents made up of US diplomatic and intelligence reports from around the world. According to one confidential 2007 diplomatic report, Ambassador Dell said ‘Mbeki has always favored stability and in his mind this means a ZANU PF led GNU (Government of National Unity), with perhaps a few MDC additions.’
He continued by saying; ‘This solution is more likely to prolong than resolve the crisis and we must guard against letting Pretoria dictate an outcome which perpetuates the status quo at the [continue reading]
Johannesburg – Plans to create a one-stop border post between South Africa and Mozambique will advance with the opening of a single border post dedicated to the bus and minibus taxi industry, Business Day newspaper reported on Tuesday.
Chief executive of the Maputo Corridor Logistics Initiative (MCLI) Brenda Horne said the building of the single border facility for the passenger transport industry was complete and due to open imminently.
The facility will allow passengers to be processed by South African and Mozambique authorities at the same time, using a [continue reading]
More people have been deported from this country since President Ian Khama took over power in 2008, compared to the near two-decade era of former president, Sir Ketumile Masire.
During Masire’s 18 years in power, there were only 115 deportations, while under Khama, 404 people have been expelled from the country so far.
These figures emerged in Parliament last week although no names (presidents) were mentioned.
Parliament was told that 404 foreigners were deported from the country since April 2008 to March, 2010.
The Minister of Labour and Home Affairs, Peter Siele said from April 1980 to March 1998, 115 persons were deported from the country. From April 1998 to March 2008, 790 were deported and 404 for the period April 2008 to March 2010. The minister stated that the deportations were made under [continue reading]
Cape Town – The South African government on Monday refused to comment on the publication of documents by whistleblower website WikiLeaks.
The website leaked hundreds of thousands of US embassy cables – with the first batch of it published on Sunday by global media.
In it, it was revealed that International Relations and Co-operations Minister Maite Nkoane-Mashabane referred to Zimbabwean President Robert Mugabe as a “crazy old man”.
When contacted by News24 for comment, international relations spokesperson Saul Molobi said: “It is the policy of this government not to comment on leaks.”
Government spokesperson Vusi Mona was unavailable for [continue reading]