“Overcoming poverty is not a task of charity, it is an act of justice. Like slavery and apartheid, poverty is not natural. It is man-made and it can be overcome and eradicated by the actions of human beings. Sometimes it falls on a generation to be great. YOU can be that great generation. Let your greatness blossom.” – Nelson Mandela. The 18th of July is one day that all South Africans or even citizens of other countries come together in celebrating one special man – Nelson Rolihlahla Mandela. The tradition is that those who wish to commemorate him donate 67…
Author: Editor
Kumba Iron Ore Limited, a business unit of the Anglo American group, says it has commenced a consultation process in terms of section 189 of the Labour Relations Act, through its subsidiary Sishen Iron Ore Company (Pty) Ltd, as part of closure procedures at its Thabazimbi mine in Limpopo Province, South Africa. Kumba’s decision to close the operation follows an extensive review of the Thabazimbi mine and is in response to a combination of factors that have affected the mine’s economic viability. These include the fact that the mine is more than 80 years old, and has over the past…
A top renewable energy expert in Africa has bemoaned the less interaction in the continent that would help reap rewards and promote cleaner energies. Wim Jonker Klunne, renewable guru and the conference chairman for the inaugural Clean Power East Africa conference that is taking place as part of EAPIC in Nairobi in August said he hopes the conference will kickstart the dialogue. “Project developers, funders, support organisations and others are not interacting enough to reap the synergies possible in the clean power market in East Africa,” said Klunne. “I see a lot of developments in the clean power market in…
The board of the South Africa’s electricity corporation, Eskom has extended the employment contract of its acting Chief Executive, Brian Molefe, for a further three months. The move follows consultation with the Board of Transnet and the Minister of Public Enterprises, Lynne Brown. “The contract extension is with a view of affording Mr Molefe sufficient time to put into effect the strategies he had already started implementing aimed at turning Eskom’s fortunes around in order to ensure its financial and operational sustainability,” the state owned utility company said. Molefe was seconded to Eskom in April 2015, following four successful years…
MultiChoice Botswana has continued to enrich lives by providing an array of entertainment viewing on DStv. On the 9th of July at Thapong Visual Arts Centre, MultiChoice Botswana officially launched Zambezi Magic, a new DStv channel. Media, lucky subscribers and hopeful producers came together to celebrate the launch of the highly anticipated DStv Zambezi Magic Channel. MultiChoice Botswana marked the new channel’s significance by inviting both Connie and Shona Ferguson to grace the event. The Fergusons were invited in their capacity as seasoned actors and producers; and more so as images of inspiration. Launched onto the DStv platform on 01st…
Pangolin Diamonds Corp. has named Dr. Leon Daniels as its President and Chief Executive Officer immediately following the resignation of Rick Bonner, who held the position. Equally, Pangolin said it a private placement to raise up to $500,000 through a non-brokered private placement of up to 10,000,000 units priced at CDN$0.05 per unit representing a premium to the current share price. Each unit will consist of one common share and one non-transferable common share purchase warrant, with each warrant exercisable for a period of sixty (60) months from the closing at a price of $0.05 per share. The company said…
fastjet operations in Tanzania carried a total of 65,216 passengers in June 2015, with a load factor of 69%. Compared with the same month of 2014, the number of passengers carried increased by 23%. Punctuality for June remained excellent, with 95% of flights arriving on time. Ed Winter, Chief Executive Officer of fastjet plc, said they are delighted to report another month of strong year-on-year growth in numbers of passengers carried. “This is particularly pleasing given the fact that June incorporated Ramadan, a period that reduces demand considerably. During the month we also introduced a new route linking Dar es…
A historic agreement to Build-Own-and Operate West Africa’s first utility-scale solar power plant was signed recently in Bamako, Mali by Norwegian company Scatec Solar and its partners, the Malian Ministry of Energy and Water and Electricité du Mali (EDM), the electricity utility of Mali. To be located near the ancient city of Segou in South-East Mali, 240 kms from Bamako, the 33 MW solar project is being developed in partnership with IFC InfraVentures and the local developer Africa Power 1. Speaking on the occasion, the Malian Minister of Energy and Water, Mamadou Frankaly Keita said, “This landmark agreement signals the Government’s…
Cupric Canyon Capital says it will hit the ground running as its Botswana subsidiary staked its claim in the Kalahari Copper Belt following the completion of the acquisition of Boseto mine from Discovery Metals. Under the deal, Cupric—a private equity firm which buys copper assets and underpinned by Barclays Natural Resources through Khoemacau Copper Mining Pty. Limited (KCM), acquired the Boseto assets and associated licences in Botswana. The assets were formerly owned by Discovery Metals Limited, the troubled Australian company that declared insolvency earlier in 2015. The deal gives Khoemacau access to mill processing capacity within 30 kilometers of…
The 5th Annual General Meeting of the Global Sustainable Tourism Council (GSTC) takes place this year in Huangshan, China, from September 10-13. Huangshan is a UNESCO World Heritage Site typified by lush forests of pine trees, hot springs and dramatically shaped granite peaks. It is linked by air from many hubs including Beijing, Guangzhou, Seoul, and by rail including a very new high-speed link from Beijing. The landscape in Huangshan is also more than just a dramatic backdrop. It provides a real world example of how a destination can balance the needs of preservation with the economic advantages tourism can…