Saturday 3 March 2012

The year ahead in southern Africa: Parties, politics and potential collapse

The Economist: Botswana, for long the region’s golden boy on account of its sound governance, political stability and healthy economy, also saw some unwonted unrest last year. Public-sector workers staged their first-ever nationwide strike in protest over the government’s pay-restraint policies. But the government refused to budge and the two-month dispute, backed by the main opposition parties, eventually fizzled out, allowing President Ian Khama (pictured, centre) to emerge with his hand strengthened. His main challenge now is to wean the economy off its dependency on its once rich but now fast depleting diamond resources—a task he has already begun.

Resource nationalism in Africa: Wish you were mine

The Economist: Ernst & Young recently suggested that southern African countries such as Botswana, Mozambique and Namibia were becoming increasingly attractive mining destinations at the expense of South Africa, which has slipped 18 places since 2008, to 67th out of 79 countries in the annual survey of mining-investment attractiveness compiled by the Frazer Institute, a Canadian think tank.

Friday 2 March 2012

Turnstar withdraws cautionary as it completes Mlimani City transaction by The Telegraph Reporter 01-03-2012

Sunday Standard: "“The Board and management are excited about the Mlimani transaction, as it represents a tremendous opportunity, not only to strategically enhance shareholder value and strengthen our competitive market position but also represents a catalyst for the transformation of Turnstar into a Pan-African property champion,” he added.
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BEDIA/ IFSC merger slated to take off in April by Ngonidzashe Dzimiri 01-03-2012

Sunday Standard: “The new umbrella body will consolidate the mandates of BEDIA, IFSC and the Brand Botswana Management Organisation (BBMO) since the three entities are performing related activities of Investment Promotion and Branding,” said Pule.

BEDIA/ IFSC merger slated to take off in April by Ngonidzashe Dzimiri 01-03-2012

Sunday Standard: “The new umbrella body will consolidate the mandates of BEDIA, IFSC and the Brand Botswana Management Organisation (BBMO) since the three entities are performing related activities of Investment Promotion and Branding,” said Pule.

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