Home » Business » SA RELOCATES 100 RHINOS TO BOTSWANA

South African safari operators and conservation groups said they plan to move up to 100 rhinos to Botswana for safekeeping, as poaching levels spike to new highs.

“One hundred rhinos will be captured and safely transported from South Africa and released in Botswana’s remote wilderness,” two conservation groups called Beyond and Great Plains said in a joint statement.

49% BTCL SHARES FOR CITIZENS

A prospectus will be made available to the public for the launch of Initial Public Offering (IPO) of shares for Botswana Telecommunications Limited (BTCL) and National Development Bank once privatisation takes full swing.

Speaking at a press briefing in Gaborone, BTCL Chief Executive Officer (CEO) Kgotla Ramaphane said cabinet approved the BTCL privatisation in 2010, through an IPO with up to 49 per cent of shares reserved for citizens and citizen companies, of which five per cent would be strictly for BTCL employees.

BOFINET NOT A MONOPOLY

The chief executive officer (CEO) of Botswana Fibre Networks (BOFINET), Mabua Mabua says his organisation is not a monopoly in the provision of national and international communication infrastructure.

Speaking at a BOFINET breakfast meeting in Gaborone recently, Mabua said before BOFINET took over the management of telecommunication infrastructure from Botswana Telecommunications Corporation (BTC), there were other wholesale service providers in the sector.

“They are still competitors and should continue with their services,” he said.


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