| Africatime
Tuesday 28 March 2017
(Reuters (Eng) 04/22/13)
African finance ministers told their rich nation counterparts at weekend meetings of the International Monetary Fund and World Bank to work harder and faster to kick-start their economies to avoid a prolonged slump that could undermine strong growth in the developing world. "We are concerned," Nigerian Finance Minister Ngozi Okonjo-Iweala said at the meetings of global finance leaders. "If we continue to see slow growth in the euro zone, which provides a large market for many African countries, and is coupled with a slowdown in emerging economies, then we will become more vulnerable," Okonjo-Iweala told a news conference of African finance ministers. "We need to insist that our partners in other parts of the world work harder and faster." Despite...
(Angola Press 04/19/13)
Maseru – The diplomat Josefina Pitra Diakite presented on Thursday in Maseru to Lesotho’s King Letsie III her credentials as the Angolan non-resident ambassador to that country. Firstly, the ambassador presented her credentials to Lesotho’s Media, Science and Technology Minister, Tseliso Mokhosi, in representation of the Lesotho Minister of Foreign Affairs and International Cooperation. After his accreditation ceremony, Josefina Pitra Diakite was received in private by King Letsie III and Prime-Minister, Motsoahae Thomas Thabane, having discussed issues related to the cooperation between Angola and Kingdom of Lesotho. Josefina Pitra Diakite has a permanent residence in Pretoria, South Africa, where she was accredited as the Angolan ambassador to that country in February in 2012. In March 2013, the diplomat was accredited...
(AFP 04/19/13)
WASHINGTON, April 18, 2013 - The World Bank today signed an agreement with the Kingdom of Lesotho in Washington for the new Maternal and Newborn Health Performance-Based Financing Project. The credit of US$12 million from the World Bank's International Development Association (IDA), with a grant of US$4 million from the Health Results Innovation Trust Fund, supported by the UK and Norway, will be used to introduce innovative financing for health facilities in Leribe and Quthing districts in the first year, with expansion to other districts in subsequent years. "We are excited to try a new approach in improving access to decent health services for the poor, after seeing evidence of success in other African countries such as Rwanda and Burundi,"...
(Reuters (Eng) 04/15/13)
Sub-Saharan Africa's economic growth should accelerate to more than 5 percent over the next three years, far outpacing the global average, but the region must do more to convert this into reducing poverty, the World Bank said on Monday. In its latest Africa's Pulse analysis of prospects for the region, the bank saw increased investment, high commodity prices and a pick-up in the global economy driving this expected growth surge in the world's poorest continent. It said foreign direct investment (FDI) inflows to Sub-Saharan Africa were projected to increase to record levels each year over the next three years, reaching $54 billion by 2015. This compared to $37.7 billion in 2012, a 5.5 percent increase in a year when FDI...
(Reuters (Eng) 04/10/13)
Carlyle Group (CG.O) is looking at a number of banks in east and west Africa for a potential investment, its Africa co-head said on Wednesday, as the U.S. private equity firm focuses on the continent's growing consumer market. Carlyle, which last year invested in a pan-African grain trading firm, has recently signed a second deal, Marlon Chigwende also told the Reuters Africa Investment Summit. "Banking is very interesting today, and that is the general statement across a lot of sub-Saharan Africa," Chigwende told the Reuters Africa Investment Summit in Johannesburg. "Certainly, there are several opportunities of fast-growing banks, good management teams, interesting market positioning." Although private equity is still at a nascent stage in Africa, investor interest in the fast-growing...
( 04/10/13)
The Africa Development Bank (AfDB) has launched a a multi-country and multi-partner project which seeks to increase food security and improve the income and living standards of small-holder farmers in the 20 African countries by improving the value chains of four important staple crops – maize, wheat, cassava and rice. The project targets to demonstrate by 2016, that it is possible to increase the yields of cassava, maize, rice and wheat by at least 20% on smallholders’ farms, increase the smallholder’s household cash income to $600 from the current $370 and increase food security by at least 20% to 84% from the present 73%. According to media statement from the implementing agency, International Institute of Tropical Agriculture (IITA), key stakeholders...
(Reuters (Eng) 03/26/13)
"BRICS, Don't Carve Africa" reads a banner in a church hall in downtown Durban where civil society activists have gathered to cast a critical eye at a summit of five global emerging powers. The slogan evokes the 19th Century conference in Berlin where the predominant European colonial states carved up the African continent in a scramble historians see as epitomizing the brash exploitative capitalism of the time. Decades after Africans threw off the colonial yoke, it is the turn of the blossoming BRICS group of Brazil, Russia, China, India and South Africa to find their motives coming under scrutiny as they proclaim an altruistic-sounding "partnership for development, integration and industrialization" with Africa. Led by that giant of the emerging powers,...
(Reuters (Eng) 03/26/13)
President Barack Obama hosts the leaders of four African nations this week, all of which are cited in a new report for effectively increasing spending on agriculture to combat extreme poverty and hunger. The report by the ONE Campaign, an anti-poverty group co-founded by Irish rockers Bono and Bob Geldof, said Senegal, Malawi, Cape Verde and Sierra Leone either met or were close to meeting targets for increased budget spending on agriculture. All of the countries, except Cape Verde where there is little data, are also on track or close to meeting a U.N. target of halving extreme poverty by 2015, the report said. The African leaders will visit the White House on Thursday to showcase their fledgling democracies, but...
(The New York Times 03/26/13)
BEIJING — As President Xi Jinping of China continues his first overseas trip as his country’s leader, arriving in South Africa late on Monday after Russia and Tanzania, he meets with much goodwill – but also some concern among Africans that China may be a “new colonial power,” extracting resources and selling manufactured goods, as I reported on Sunday. China knows it. In a speech in Tanzania, Mr. Xi sought to calm the concerns, as my colleagues Chris Buckley and Jeffrey Gettleman reported. “China frankly faces up to the new circumstances and new problems in Sino-African relations,” Mr. Xi told an audience of Tanzanian politicians and officials in Dar es Salaam, the country’s economic hub and a center of government,...
(The Post Online 03/25/13)
GOALKEEPER Kennedy Mweene says he had to sacrifice himself by being sent off to prevent Lesotho from scoring first. And striker Collins Mbesuma says Chipolopolo's World Cup qualification dream is still on despite being held 1-all by Lesotho in Maseru. Mweene sacrificed his part in the match by fouling Lekhoana outside the box to prevent Lesotho's obvious goal-scoring opportunity. With Mweene's expulsion, striker Fwayo Tembo was sacrificed as an up field player while Joshua Titima took over the gloves for Zambia. In a post-match interview, Mweene said he expected to be red carded after the foul. "I had to sacrifice myself to prevent that striker from scoring," Mweene said. "If they Lesotho went up first, the game was going to...
(Reuters (Eng) 03/14/13)
Catholics in Africa and Asia on Thursday greeted the election of Pope Francis from Argentina as a historic breakthrough that would pump the developing world's vital energy into a struggling Church and amplify the voice of the planet's poor. While there was disappointment that Pope Benedict's successor did not come from the African or Asian continents, Cardinal Jorge Bergoglio's Third World origins spurred hopes of a kindred spirit among Catholics from Manila to Maputo. Argentina, in Latin America's southern cone, is as far from Africa and Asia as Europe, the prime source of previous pontiffs. But these rapidly developing southern continents of the globe, where poverty still looms large, are now home to the world's fastest growing Catholic communities. African...
( 03/14/13)
The dispute has been raging for years and reached a boiling point in January when the Lesotho Appellate Court was forced to cancel a special session after Justice Lehohla refused to allow High Court judges to hear cases in the Court of Appeal Dar es Salaam. Former Chief Justice Augustino Ramadhani is one of three retired top judges whose expertise has been sought to solve a crisis in Lesotho’s judiciary. Mr Ramadhani joined former South African Chief Justice Sandile Ngcobo and their Botswana counterpart Julian Nganunu in a fact-finding mission in Lesotho last week as part of efforts to solve the crisis that pits the president of the Court of Appeal Justice Michael Ramodibedi and Chief Justice Mahapela Lehohla. Mr...
(BBC News Africa 03/14/13)
Botswana's foreign minister has apologised for saying that Kenya's newly elected president would be banned from the southern African nation if he refuses to co-operate with the ICC. Phandu Skelemani made the apology after Kenya's government accused him of being contemptuous towards Uhuru Kenyatta. The International Criminal Court has charged Mr Kenyatta with crimes against humanity. He denies the charges and won the 4 March poll with an outright majority. He got 50.07% of the vote compared to his rival Raila Odinga's 43.31%. 'Innocent until proven guilty' Mr Odinga has launched legal action to challenge the result, saying the election was marred by fraud. Analysts say the ICC case bolstered Mr Kenyatta's electoral chances, as voters saw it as interference...
(Daily Monitor 03/14/13)
Botswana narrowed its merchandise trade deficit with China to P1.4 billion last year, improving from P5.1 billion in 2011, mainly due to the completion of major public infrastructure projects. China, a fast expanding and export-oriented economy, generally enjoys a trade surplus with many countries, including giants like the United States. Botswana had a trade surplus of P166 million in 2007 but the balance swung in China's favour from 2009 as Chinese engineering and construction firms scooped public works tenders worth billions of Pula. Latest Statistics Botswana figures indicate that the trade balance with China deteriorated to a deficit of P534 million in 2009, P1.8 billion in 2010, P5.1 billion in 2011 before dropping to P1.4 billion last year.Prior to 2009,...
(Daily Monitor 03/14/13)
Botswana has said Kenya President-elect Uhuru Kenyatta is not welcome in the country if he refuses to cooperate with the International Criminal Court (ICC). The ICC has charged Mr Kenyatta with crimes against humanity for bearing the greatest responsibility for the post election violence in which 1,133 people died and 650,000 were displaced. He is due to stand trial on July 9. "If he refuses to go (to The Hague), then we have a problem. That means that they do not know the rule of law. You can’t establish a court and refuse to go when it calls you. If he refuses, he won’t set foot here,” Botswana's Foreign Affairs Minister Phandu Skelemani told Mmegi, a Botswana daily. Mr Skeleman...
(News24 03/13/13)
Johannesburg - A Lesotho man appeared in the Taung Magistrate's Court on Wednesday on charges of being an undocumented migrant, North West police said. Police spokesperson Thulani Ngubane said the matter was postponed to 20 March and referred to the department of home affairs for further investigation. Bongani Masito, 40, was arrested in Taung on Monday for being in South Africa without the proper documentation. Police suspected he was also connected to three murders committed in Lesotho. One of the murdered men was a United States citizen. No further information on the murders were available. Ngubane said the man was arrested on Monday evening by local police. Officials from the US consulate and the Lesotho police went to Taung to...
(ABC News 03/13/13)
Founded by two Saints fans in 2005, Kick4Life uses football to deliver health education, HIV testing, life-skills development and support into education and employment for vulnerable young people. Lesotho has the third highest HIV prevalence in the world and more than 100,000 children have been orphaned by the disease. To reach their destination in Lesotho, (a small country landlocked by South Africa and is just over 30,000 km2 in size), the group travelled for 24 hours via Johannesburg airport arriving at their Kick4Life destination exhausted but looking forward to the experience! The timetable was packed with a range of educational workshops, equipping the team with the skills to support the Kick4Life programme, as well as a number of football sessions,...
( 03/13/13)
JOHANNESBURG (miningweekly.com) – London-listed Gem Diamonds was in the process of establishing an in-country manufacturing facility for its flagship Lesotho-based Letšeng mine to further develop downstream activities. The facility, which was expected to process certain categories of the mine’s rough diamond production, using proprietary diamond processing technology, would be completed during the second half of 2013. The mine would, as part of the development of Letšeng's downstream activities and capabilities, ramp up to full production by 2014. This followed the scaling back of the company’s Project Kholo – an expansion programme initiated at Letšeng in 2011 to double production capacity. Gem Diamonds wrote off $1.4-million after the group re-evaluated the project in 2012. “The project management team is actively investigating...
(Allafrica 03/05/13)
Botswana signed a Memorandum of Understanding (MoU) over the weekend to explore the possibility of getting water from Lesotho. The MoU was signed by ministers responsible for water in Botswana, Lesotho and South Africa. Speaking during the signing ceremony in Gaborone, the South African Minister of Water and Environmental Affairs, Edna Molewa said that the collaboration was an effort to assist Botswana with water for socio-economic development. Botswana and the two countries are member states of the Orange-Senqu River Commission (ORASECOM) and can benefit from the utilisation of the river. The three countries have signed a SADC protocol, which provides a forum for consultation and coordination between the states to promote integrated water resources management and development. "We share rivers...
( 02/28/13)
Prince Harry is making a return trip to the southern African kingdom of Lesotho where he has long-standing personal charity interests. Seven years ago the prince helped set up a charity to support vulnerable children affected by HIV/Aids, working with the brother of Lesotho's king. Prince Harry will visit two local projects on Wednesday. He will first go to a centre for the deaf near the capital Maseru then to a school for visually impaired children. He will be accompanied by Prince Seeiso, the younger brother of King Letsie of Lesotho, who first helped to foster Prince Harry's interest in Lesotho. Familiar with hardship The BBC's Peter Biles, in Lesotho, said Harry had become a welcome visitor to Africa's mountain...

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