Botswana: Latest News
Kevin Mwanza, 6:35 am
Kenya Commercial Bank (KCB), the country’s largest by assets, is set to enter the Southern Africa market after it signed a deal with Motswedi Securities, a brokerage firm, to raise funds and trade at the Nairobi and Botswana Stock Exchanges. The move is part of the lender’s efforts to spread operations outside the Eastern Africa region and reduce reliance on the Kenyan market that accounts for 90 percent of its revenue.
Staff, 12:01 am
Obama’s push for LGBT rights has shifted attitudes globally but some are fighting it. Washington, D.C.-based World Bank lends money in developing countries. This year, it researched LGBT discrimination globally and collected data. The bank created a new advisor whose job is to report violence gainst LGBT in the 136 countries in which it does business. Fifty-four African countries want a new U.N. investigator suspended whose job is to investigate human rights violations against LGBT. There’s a good chance their resolution will pass.
Dana Sanchez, 9:27 pm
The Botswana government has tightened travel regulations with a new requirement for certified copies of unabridged birth certificates for all minors under the age of 18 traveling through its ports of entry. The goal is to manage the movement of children across the country’s borders to tackle human trafficking. “Botswana, like other countries is affected by this problem,”the government said in a statement.
Dana Sanchez, 5:34 pm AFKI Original
Tokyo Sexwale’s story needs to be made into a Hollywood movie. He’s a anti-apartheid activist who did time with Nelson Mandela, a billionaire diamond magnate worth $200 million at one point, a TV host, former housing minister, soccer activist and a peacemaker. Now he’s being investigated in the U.S. as one of three South Africans who “enriched themselves” using millions of dollars of U.S. investor funds.
Joe Kennedy, 7:00 am
Kubu is a granite island in Botswana’s Makgadikgadi Pan, the largest salt flats in the world. The island is a national monument and a sacred site for the indigenous people. Accessible by four wheel drive, Kubu has basic camping facilities run by locals. Thought to be an old Zimbabwean outpost, Kubu has amazing wildlife, unusual rock formations and archaeological treasures from the Stone Age. It’s “just about the most astonishing place I’ve ever been,” British TV presenter Jeremy Clarkson said in a “TopGear” episode.
Dana Sanchez, 8:52 pm AFKI Original
Burkina Faso is an Africa success story for press freedom. The recent military coup was accomplished without any major violations of freedom of information. Insulting the president may be decriminalized soon. Both print and broadcast media are more pluralistic and dynamic than most African countries. Transparent governments that respect human rights and the rule of law tend to be good for business and investment. We’ve highlighted 12 countries in Africa that rank highest for press freedom in 2016.
Dana Sanchez, 6:28 pm
Ibrahim got rich on telecommunications, but he has invested millions in good governance. “Power corrupts absolutely,” Ibrahim said. He called for more international outrage over stolen elections. “People are learning how to steal elections because that looks less brutal than saying ‘I’m president for life,'” he said. “There is a limit to how long they can go on stealing elections. More and more of these elections are being subject to the harsh light of … social media.”
Dana Sanchez, 4:03 pm
Fifty years of uninterrupted democracy have inspired confidence in landlocked Botswana. Its 2.6 million people live in a semi-desert, rich in sunshine and diamonds. But failure to diversify the economy means 20% unemployment among youth. The government is preoccupied with having state-owned resources which stifles economic activity, an economist said. Then there’s the matter of “creeping authoritarianism.” Botswana needs to invest in renewable energy, a stakeholder said.
Becca Blond, 3:51 pm AFKI Original
Africa’s longest-running continuous democracy, Botswana is considered one of the most stable countries in Africa. It has a consistent record of multi-party democratic elections since it became independent 50 years ago. The U.N. reports that one in three adults in Botswana are infected with HIV or have developed AIDS. The country also has one of Africa’s best HIV/AIDS treatment programs and antiretroviral drugs are easy to obtain.
Keren Mikva, 8:47 pm AFKI Original
Mc Bright Kavari created a niche for his firm, Classic Fashion, as an elegant and dramatic fashion brand in Namibia. Kavari uses modern African styles combined with European-style twists, and loves to bend the norm and explore unique and untried ideas. An African fashion reception is underway through Sept. 15 at African Union headquarters in Addis Ababa showcasing designers from across the continent. Top designers — one each from 30 African countries — will be represented.
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