Vol.23 No.174

Friday 17 November 2006    
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Business Week
BR to build Mmamabula - Erasmus rail line
FRANCISTOWN: Botswana Railways (BR) will construct a railway line to transport coal from Mmmabula Power Station to South Africa after the mine becomes operational.

Increased lending to households causes concern
The surge in lending to households could delay the start of Botswana's easing cycle, according to a Global Research by Standard Chartered.

Eskom to invest in other electricity ventures
Eskom Holdings Limited, the South African electricity utility company will continue investing in other electricity generating ventures in spite of the electricity sales agreement it has just signed with the Botswana Power Corporation (BPC).

BEAC recommends tax structure review
The recent report by the Business and Economic Advisory Council (BEAC) has suggested a review of the Botswana tax system to allow the country to compete with other Foreign Direct Investment (FDI) destinations.

IFSC experiences phenomenal growth
The International Financial Services Centre (IFSC) experienced phenomenal growth in the past year with total capital employed now standing at US $18.5 million (P114.7 million) up from US $11.1 million (P68.8 million) in the previous financial year.

Wise words from On High
It is always very important for any writer to name their sources. I think that it is unforgivable for anyone writing in a newspaper to pass off ideas as their own when they actually came from someone else. So this week I am going to be completely up front and name my primary source for this week.

STAYING AHEAD
Citizen economic empowerment as affirmative action

Let us admit these two simple facts. First, citizen economic empowerment has gained currency in Botswana, as the reverberations of South Africa's Black Economic Empowerment (BEE) initiative finally hit our shores. Among the local chattering classes, South Africa is used as a fitting model for lifting citizens out of economic stagnation and creating a middle class in the process.

  

 
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