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AP Election Survey 2024: TDP-Janasena-BJP Alliance Set To Sweep Victory
India-Africa trade and investment focus of economic summit
1. www.indoafricatimes.com
MONDAY | NOVEMBER 10, 2014 Title Code: DELENG18579 • RNI NO: DELENG/2014/54666 • Postal Registration No.: DN/325/2014-2016 • VOL. 1 • NO. 44 • Page 12 • Price `10
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I
ndia has become a main trading partner of Africa and is growing
its investment on the continent. Africa has the raw materials and
commodities that India needs to fuel its surging growth. India aid as
model for Africa because its practises hold valuable lessons for developing
countries on how to accomplish gradual economic and political revolution.
Indian companies are following to Africa. The Tata Group, for example,
has invested about US$ 100 million and plans to triple that over the next
three years. India has capitalised in energy exploration in the Sudan and
elsewhere. It has also extended credits to West African nations to lift sales of
Indian IT services.
The World Economic Forum and the Confederation of Indian Industry
(CII) has recently hosted the 28th India Economic Summit in New Delhi,
India, from 4 to 6 November.
Held in Asia’s third largest economy under the theme, “Redefining
Public-Private Cooperation for a New Beginning,” the forum brought
together leaders in the field of business, government and civil society
for a discussion focused on inclusive growth.
The President of Rwanda, Paul Kagame, the Prime Minister of
Ivory Coast, Daniel Kablan and the Vice President of Ghana, Amissah-
Arthur were there to stand for the booming African continent.
President Pranab Mukherjee admired Rwandan President Paul
Kagame for his country's involvement in preserving peace and
security in Central Africa and the Horn of Africa.
"India appreciates the important role of Rwanda in maintaining
peace and security in Central Africa and Horn of Africa. The two
countries have a commonalty of views on many issues,” Pranab
Mukherjee said.
STRENGTH-
ENING
STABILITY IN:
BENIN
Lakshadweep:
The
Untouched
Beauty
Tata Africa
Holdings
(South
Africa)
Limited
Rwandan
government is
intense to boost
relations with
India
India
appreciates the role
of Rwanda in
maintaining
peace and security
It would
take 24 hours
to set up a
company in
Ivory Coast
Ghana
is a country
that has
no ethnic
tensions
The Trading Partners: India and Africa
Easy market
access to
COMESA &
SADC regions
DHL invests over EUR
30.5 million in new
South Africa facilities
pg 05
2. Wassupafrica02
SA Tourism cements trade
partnership on the African
continent
UFP Chairman saves KATH patient
South Africa’s tourism credentials
as a leisure destination were put on
fulldisplayatthisyear’sAKWAABA
travel and trade show. During the
three day show, the South African
Tourism team pulled out all stops
to actively promote South Africa’s
unique value proposition as a
leisure destination to the West
African traveller and trade.
AKWAABA attracts the best
exhibitors and buyers from the
African and global travel and
tourism industry. It is widely
regarded as the leading travel
trade show in West Africa and a
must attend show for exhibitors
who want to engage with key
members of the trade and gain
a greater share of the consumer
travel market.
Thulani Nzima, Chief Executive
Officer (CEO) of South African
Tourism, says: “Regional Africa
and in particular the East and West
African regions, continue to be key
growth markets for us. We have
invested considerable resources in
growing tourist arrivals from this
region to South Africa.”
West Africa, more specifically,
Nigeria and South Africa have
enjoyed a long-standing and
fruitful partnership. The two
countries have many times spoken
of their resolve to strengthen
relations and work together for
the long-term betterment of an
economically vibrant African
continent. Travel and tourism has
been identified as a key driver in
unbridling this potential.
South African Tourism used
its time at AKWAABA to meet with
the trade, present to them the
destination’s value proposition
and, most significantly, cement
deals which will see South Africa’s
destination offering bolstered in
AfDB Reaffirms its Support to
Geothermal Development in East Africa
Over the course of the 5th African
Rift Valley Geothermal Conference
(ARGeo C-5), the African Development
Bank (AfDB) has clearly reaffirmed its
on-going support to the development of
geothermal power in the East Africa Rift
Valley region.
The ARGeo conference seeks
to further regional cooperation in
the development and utilization of
geothermal resources in East Africa.
It brought together approximately 400
policy, technical and development
experts to network and interface with
both local and international geothermal
companies to explore how to reduce
project lead times, leverage financing
and effectively manage geothermal
power plants.
Speaking during the conference,
Thierno Bah, a Principal Energy
Specialist at the AfDB, said:”The AfDB is
very heartened to witness the significant
progress achieved so far in the
development of the geothermal resource
inthispartofAfrica.TheBankhasworked
hard to mobilize various instruments
and sources of financing, including the
Partial Risk Garantee instrument as well
as highly concessional financing from
the Climate Investment Funds (CIF),
to support geothermal growth and it is
encourgaing to see the results of our
work beginning to emerge.”
In addition to acting as a key
sponsor of the event, the AfDB actively
participated in the conference and had
the opportunity to address the delegates.
Bank representatives highlighted the
AfDB’s previous experience in bringing
geothermal projects to fruition and
detailed future possibilities for the
development of goethermal power in
the region. In addition, representatives
of the AfDB held productive meetings
with a number of bilateral partners
to explore the potential for future
collaboration.
Throughout the course of the
conference, delegates were able to
learn more about the internatoinal
experience of geothermal
development, reservoir engineering,
geographical information systems
in geothermal develpoment, drilling,
business development and financing.
The conference also saw the
launch of the African Rift Geothermal
Inventory Database (AGID). This
database will serve as a repository
of information on the geothermal
projects underway in the Rift Valley
region, including project progress,
funding, human resources capacity
and equipment available or needed.
During the ministerial-level
closing session of the conference,
representatives from countries
including Tanzania, Eritrea, Malawi
and Mozambique highlighted the
significance of energy development in
Africa and, in particular, the key role
that geothermal will play in supporting
further growth. Eritrea’s Ambassador
to Kenya, Beyene Russom, announced
that ARGeo C-6 will take place in
Asmara, in 2016.
AfDB
the consumer space.
“The travel trade are a critical
component to the work that we
do. During AKWAABA we officially
announced our partnership with
the National Association of Nigeria
Travel Agencies (NANTA) who will
help boost tourist arrivals growth
from Nigeria to South Africa by
developing a range of packages
to suit the Nigerian traveller,”
explains Nzima.
Growth in Regional African
arrivals has been driving growth of
South Africa’s tourism industry for
many years now. Tourist arrivals
to South Africa from Nigeria in
particular have enjoyed a steady
incline. A total of 84, 589 Nigerian
tourists visited South Africa last
year (2013). This is a 15.4 %
increase to the 73 282 Nigerian
tourists who visited South Africa
in 2012.
“It’s an upward trend that is
truly welcome,” Nzima says.
“However, Ebola has brought
about fresh challenges which
threaten to put a dent in possible
growth in arrivals from the
continent. We are thrilled that
Nigeria has been declared Ebola
free by World Health Organisation
(WHO) and congratulate the
AKWAABA organising team for
going ahead with the trade show,”
he adds.
“Africans should stand together
and continue to educate the rest of
the world. If we want to continue
attracting business and welcoming
tourists from all over the world,
it is our responsibility as the
collective African trade industry to
manage these perceptions swiftly.
SA Tourism is also determined
in its resolve to help tourists curtail
the length of time spent trying to
plan a visit to the country.
“Our partnerships with NANTA
and other trade organisations are
built on our desire to make travel to
South Africa as accessible, hassle-
free and as pleasant as possible,
right from the time a tourist
decides to visit. We are working
with all stakeholders in country
and South Africa to help realise
this. What we ultimately aspire to
is to equip trade to better assist
travellers, in a friendly and cordial
manner, with all information
upfront” explains Nzima.
Modern Ghana
A 29-year-old patient at the
Komfo Anokye Teaching Hospital
(KATH), who desperately needed
a GH¢7,300 to undergo surgery,
can now heave a sigh of relief,
after the National Chairman of the
United Front Party (UFP), Nana
Agyenim Boateng, aka Gyataba,
paid the amount to cater for the
treatment.
Nana Agyenim Boateng,
presented a cheque for GH¢7,300
to the Maxilloficial Department of
the Oral Health Directorate of the
Komfo Anokye Teaching Hospital,
to enable surgery on the patient to
commence.
The patient, James Onyina, is
set to undergo surgery to correct
an abnormality resulting from the
growth of a tumour of the lower
jaw (mandible), which has made
it difficult for him to speak, feed
and has generally distorted his
appearance.
Doctors at the Oral Health
Directorate say Onyina, who hails
from Juaso in the Asante Akim
South District of the Ashanti
Region, needs reconstructive
surgery to correct the distorted
jaw, and to also stop the tumour
from further developing in other
parts of his body.
He has currently been
rendered edentate (without teeth)
as a result of the tumour, which
started as a small boil under his
lower chin.
Presenting the cheque to cover
the surgery, Nana Boateng
said he was touched by the
sad story of Onyina, and
decided to consult friends
and relatives to mobilise
funds towards his treatment.
“I am a citizen of Juaso,
and I could not bear the sight
of my brother going through
such an ordeal, so I decided
to consult friends and
associates in order to raise
the funds for his surgery,”
Gyataba told The Chronicle
in an interview.
He said he was hopeful that
the money had come in time for
the surgery to commence, so that
the patient can be treated and
return to normal life.
The leader of the Medical
Team, Dr. Michael Yeliborah,
said they would fix a new plate to
support the lower jaw, and also
stop the spread of the tumour,
which, he said, could have affected
his lungs, and, eventually, seize
his breath.
Dr. Yeliborah commended the
UFP Chairman for his benevolent
gesture, and promised that the
team would do well to treat the
patient.
Ghanaian Chronicle
Hloni Pitso, South African Tourism Regional Manager, West Africa in a
handshake with Ngozi Ngoka, National Publicity Secretary of National
Association of Nigeria Travel Agencies
MONDAY | NOVEMBER 10, 2014
3. Wassupafrica 03
FROM PAGE 01
President Kagame also
cherished India's positive
contribution to Africa and
articulated his appreciativeness
for the contribution of India in
the development of his country,
predominantly in the field of
agriculture and energy.
He said the Rwandan
government is intense to boost
relations with India by extending
and augmentating bilateral
cooperation.
“India and East Africa are no
strangers to one another. We have
engaged in trade for centuries and
the economic contributions made
by East Africans of Indian origin
are an important factor in our
region’s dynamism,” Kagame said.
He called the business leaders
to invest in Rwanda and East
Africa and shape the integration
efforts taking place in the region.
Aiming to boost bilateral
trade, India and Cote d'Ivoire are
looking at increasing the line of
credit through the Exim Bank,
Prime Minister of the West African
nation Daniel Kablan Duncan said.
He also invited Indian
companies to invest in Cote
d'Ivoire, popularly known as the
Ivory Coast, saying that enormous
investment opportunities
exist particularly in areas like
agriculture, mining, oil & gas and
infrastructure development.
"I met the vice president of
Exim Bank (Export-Import Bank
of India). We will increase the Line
of Credit as far as the bilateral
relation is concerned," Duncan
added.
Ivory Coast exports mainly
primary articles such as farm
produce, while its imports
consist of finished items such as
pharmaceuticals, automobiles and
plastics among others.
Duncan said it would take
24 hours to set up a company in
his country and 21 days for that
company to get the necessary
approvals for an investment
project and begin operations.
Vice President of Ghana
Amissah-Arthur talked up Ghana’s
personality as regards investment
in Africa. “You shouldn’t see Ghana
as a small country of 26 million
people with a workforce of 12
million people but you should see
Ghana in the context of ECOWAS,”
he told the dozens of business
professionals.
“Ghana is a country that has no
ethnic tensions. We haven’t had a
civil war even though we live in a
very turbulent part of Africa.”
He pointed out that the energy
sector and infrastructural deficit
pose the greatest challenges to
Ghana’s development.
“Infrastructure especially in
transport and roads [as well as]
in energy, we know then that we
will be able to provide the basis for
the private sector to continue to
produce and thrive.”
At the India Growth Outlook
session, the panelists tinted the
challenges and opportunities India
faces as investor interest in the
country increases.
They settled that India was on
track to get back on the growth
trajectory. Foreign investors
were equipped to give the
government time. Red tape, lack
of transparency, acute shortage of
skilled manpower were recognized
as red flags.
William Danvers, Deputy
Secretary-General, Organization
for Economic Co-operation and
Development (OECD), Paris,
pointed out that India is at the cusp
of an economic turnaround. "Clear
D
ecision-makersandbusiness
leaders, economists and
academics from across the
globe have called for increased
investment in knowledge and
innovation on the African continent.
This is because knowledge
and innovation will boost youth
employment, foster the adoption
of new technologies, and facilitate
Africa’s economic transformation.
And as the continent pursues its
agendaof“anintegrated,prosperous
and peaceful Africa driven by its
own citizens and representing a
dynamic force in the global arena,”
success will depend on the adequate
accumulation of skills, technology
and competences for innovation.
This was the message put forward
by partners and participants at the
closing of the 9th Annual African
Economic Conference, which ran
from November 1-3 in Addis Ababa.
9th Annual African Economic
Conference calls for more investment
in knowledge and innovation in Africa
In remarks at the closing
ceremony, Adam Elhiraika, Director
of the Macroeconomic Policy
Division at the United Nations
Economic Commission for Africa
(ECA), noted that the conference
has become a key platform for
knowledge sharing with different
stakeholders on issues affecting the
African continent.
“We need institutions to
help us apply the knowledge for
innovation and capacity and skills
development,” he said, summarizing
some of the key messages out of the
conference.
The conference participants
emphasized the need to provide
incentives for innovation, to
enhance the quality of knowledge
generation as well as to strengthen
private sector engagement to
support knowledge and innovation.
For his part, Abebe Shimeles,
Acting Director of Development
ResearchattheAfricanDevelopment
Bank (AfDB), observed that among
the key objectives of the conference
is to encourage researchers on the
continent to bridge the gap between
research and development policy.
“Economic policy-making
without evidence it is no better than
a wish list,” he said, underscoring
the need for good economists and
quality research on the continent to
facilitate policy-making.
At the closing ceremony,
Abdoulaye Seck, lecturer at
the Faculty of Economic and
Management Sciences at the Cheikh
Anta Diop University in Dakar,
Senegal, emerged as the winner of
this year’s best paper presentation.
In his paper entitled “Does
the global spread of technology
benefit the growth of countries in
the Economic Community of West
African States?” Seck explained
that the process is based on two
main channels: importing goods
that incorporate new technologies,
and attracting companies from
relatively advanced countries in
terms of innovation.
According to him, the results
show that African countries,
Sabre and Thomas Cook share
thoughts on the future of travel
A glimpse of a not too distant travel
future was shared by speakers from
Sabre and Thomas Cook at the
WTM Travel Innovation Summit in
association with TTI.
The event, held at World Travel
Market, the leading global event
for the travel industry, highlighted
how some existing technologies are
being experimented with in travel
as well as what we might see going
forward. Sabre innovation manager for
EMEA Joakim Everstin shared three
technologies the company is watching
and experimenting with as well as
two 'wild cards.' From a prototype
developed by Sabre Labs harnessing
data and advances in location to show
travellers progression through airports
to a project analysing text around hotel
images from Instagram and flight
search application for devices such as
Google Glass, Everstin demonstrated
the rapid pace of change. His 'wild
cards' were virtual reality and using
the technology to explore real people
and places virtually and multi-sensory
interactions where the senses such
as sound and touch can be combined
with data and perhaps used to present
information in more user-friendly ways.
John Straw, chair of the Thomas
Cook digital advisory group, shared
some insight on how the travel
company is trying to innovate against
the back drop of so much technology
disruption. He too highlighted
technologies such as augmented
reality and wearables and how they
can be integrated to improve the
travel retail experience online and
offline and increase conversion. Both
speakers concluded that rather than
a technology backlash, we would
see faster adoption rates especially
amongst younger generations and that
it was a matter of taking cutting edge
technology and creating something
useful out of it.
Eturbo News
including those in the Economic
Community of West African
States (ECOWAS), have effectively
benefited from the spread of world
technology in terms of economic
growth. However, he stressed that
these gains in growth are weaker
than those in other developing
countries. Ayodele Odusola, Chief
Economist and Head, Strategy
and Analysis Team, at the United
Nations Development Programme
(UNDP) Regional Bureau for Africa,
noted that the African Economic
Conference not only provides a
platform for capacity building for
young researchers on the continent,
but also advocacy for pertinent
issues affecting Africa.
Continuous investments
in education, research and
development, structured on-the-
job training programmes, and the
establishment of technical training
institutes were also identified by the
participants as ways of engaging the
youthandboostingtheparticipation
and empowerment of women.
Governments, private sector,
academia and the civil society need
to act as complimentary entities
and not as competitors in the
development process.
AfDB
9th Annual African Economic Conference
and consistent communication
between the government and the
electorate would go a long way in
building trust."
Danvers said that the
government has sent out the right
signals by communicating to the
people what it is doing and what
it intends do. However, the biggest
threat the government faces is
about living up to unrealistic
expectations.
Anand Mahindra, Chairman
and Managing Director, Mahindra
& Mahindra, was optimistic.
He said that after paralysis, the
country was moving in the right
direction. "The Indian economy
is a giant flywheel and needs a
number of shoulders." Mahindra
highlighted that India does not
need just the big bang reforms
but steady, consistent reforms. "It
imperative to clean the pipes and
make life easier for the small and
young enterprise." He insisted the
government to just remove the
hurdles.
"We have made a 100-metre
race into a hurdle race." Mahindra
also said that a great pull factor for
the industry to increase investment
again would be if the government
can give visible timeline for
clearing stalled projects. "That's
when we will witness revival on
the ground and the investment
climate shall improve."
The World Economic Forum is
a world-wide institution dedicated
to enlightening the state of the
world through public-private
cooperation in the spirit of global
citizenship. It engrosses with
business, political, academic and
other leaders of society to shape
global, regional and industry
agendas.
mONDAY | NOVEMBER 10, 2014
4. traffic following port
modernization measures.
The economy of Benin remains
reliant on existence agriculture
and cotton. Cotton accounts for
40% of GDP and roughly 80% of
official export receipts. There is
also production of textiles, palm
products, and cocoa beans.
Maize (corn), beans, rice,
peanuts, cashews, pineapples,
cassava, yams, and other various
rhizomes are grown for local
subsistence. Benin began
producing offshore oil in October
1982. A modest fishing fleet
offers fish and shrimp for local
subsistence and export to Europe.
Agriculture and
Fishing
Benin is mainly an
agrarian country.
More than 50%
of the total
CountryoftheWeek04
B
enin, a country situated in
the Gulf of Guinea in West
Africa, is surrounded by
Togo to the west, by Nigeria to the
east and by Burkina Faso and Niger
to the north. Though the capital
of Benin is Porto-Novo the seat of
government remains in Cotonou,
the country's leading city and
economic capital.
Benin is situated in an area
about 115,000 square kilometers
(42,000 sq. mi) and the population
is approximately 9.98 million.
Benin is a country which is highly
dependent on agriculture. The
country has a great latent for
tourism as it has an ironic cultural
heritage, diverse scenery, and
astonishing national parks.
Flourishing Economy
Economic activity has been risen in
the country due to:
i) An increase in agricultural
production due to the
incentives given to farmers
and due to the fortification of
the governing framework for
agricultural production and
the distribution of inputs;
and ;
ii) An increase
in port
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population is engaged in
agriculture. Independent agrarians
produce 90% of agricultural
output, but only about 17% of the
total area is cultivated.
There are many hindrance in
the agricultural field like lack of
infrastructure, poor utilization
of rural credit, and inefficient
and insufficient use of fertilizer,
insecticides, and seeds. Around
20% of output is informally traded
with Nigeria. Principle food crops
are manioc, yams, corn, sorghum,
beans, rice, sweet potatoes,
pawpaws, guavas, bananas, and
coconuts. Benin is self-sufficient in
food crops if weather is favorable.
Livestock include cattle,
sheep and goats, pigs, horses, and
poultry. Substantial measures of
fish are caught annually in the
lagoons and rivers, while coastal
fishing produces a smaller, but
growing amount. Most of the fish
is distributed to Nigeria or Togo.
Shrimp and deep-sea fishing are
developing by using modern
vessels.
Industry
Industries are there for
several palm-oil-processing plants
in Ahozon, Avrankou, Bohicon,
Cotonou, Gbada, and Pobé. Cement
plants at Onigbolo and Pobé,
several cotton-ginning facilities in
the north, a textile mill at Parakou,
a sugar refining complex at Savé,
a soft-drink plant, a brewery, and
two shrimp-processing plants
serve the basic need of the people
residing there. Thermal plants
positioned at Bohicon, Parakou,
Cotonou, and Porto-Novo provide
electricity to the industries. Half of
Benin’s demand for electricity is
encountered by importing power
from Ghana’s Volta River Project
at Akosombo. Industry accounts
for only a small percentage of the
gross domestic product but can
be established on a large scale.
Fishing industry fulfills only local
consumption, so does textile
industry.
Palm processing facility
needs improving. Apart from
limestone found in open quarry
at ONIGBOLO, deposits of gold,
phosphates, iron ore, marble, clay,
are yet to be explored. The growth
of off- shore fields at SEME and
elsewhere are ongoing. A Benin/
Togo hydroelectric power has just
been accomplished on the Mono
River (the NANGBETO dam). There
are attractive industrial projects
and probability studies are
accessible for some of them.
Trade
Benin’s export earnings is
reliant on agricultural products,
such as cotton, palm oil, cocoa,
and coffee, exported to such
countries as Portugal, Italy, France,
Thailand, Taiwan, and the United
States. One of Benin’s main though
underexploited, trade assets is
the deepwater port at Cotonou,
which serves as a sea outlet for
the Republic of Niger and as a
secondary port for Nigeria and thus
holds a potential to earn profitable
customs duties.
Benin habitually imports
various manufactured products,
machinery, chemicals, beverages,
and tobacco, as well as cereals.
American companies are
unswervingly endorsing and
intensely cheering the Benin
Government. There can be joint
ventures between Benin private
sector and American companies to
carry out industrial undertakings
such as canning, paper processing
units, glass manufacturing, salt
processing units, agribusiness,
pharmaceuticals, clothing, palm
oil, building materials, chemicals
and any other items reflective of an
industrial developing nation.
The private sector is in fact
in a good position to exploit
the country’s potential mainly
agricultural, to the full, and its
development is essential for
Benin’s integration into global
value chains (GVCs).
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benin AT
A GLANCE
Official Name: Republic of Benin
Location: Western Africa, on the
Gulf of Guinea
Independence: 1st
August, 1960
Total Area: 113,000 square km
Population: 10,000,000
Capital: Porto-Novo
Main City: Cotonou (Port Airport)
Climate: Tropical in the North Sub
equatorial in the South
Official language: French
Religions: Traditional religions,
Christianity, Islam
Natural Resources: gold, iron,
phosphates, clay, marble, Ceramic,
clay, kaolin, Silicum sand,
ornamental stones, petroleum gas
Growth Rate: 7, 5%
Inflation rate: 5% (May 2013)
Main economic sectors: Agriculture,
Agro industry, Mining, commerce,
Transportation, tourism, hotel
industry other services
Export Items: Cotton, cashew
nuts, pineapples, timber, palm oil,
peanuts.
Import Items: Textile, rice, iron,
steel, oil, gas, fuel, pharmaceuticals.
Electronics.
Currency: CFA franc
Time zone: GMT+1
BENIN
STRENGTHENING
STABILITY IN
MONDAY | NOVEMBER 10, 2014
5. BusinessBuzz 05
DHL invests over EUR 30.5 million in new
South Africa facilities
BoG Cautions NBFIs
Telcos at 'war' as MTN blocks calls
from Expresso network
Stanbic bank launches new product
The current rate at which some
Non-Bank Financial Institutions
(NBFIs) are clamouring for
expensive wholesale funds instead
of mobilizing cheaper deposits
from ordinary savers is worrying,
Millison Narh, Deputy Governor
of the Bank of Ghana (BoG) has
disclosed.
He stated this in Accra during
the inauguration of a new branch
of Best Point Savings Loans
Limited at Makola.
According to him, the
mobilization of wholesale funds
at interest rates higher than
Treasury bills raises the cost of
funds of NBFIs and results in high
lending rates.
'Thus the high intermediation
costs ultimately lead to non-
performing loans which can
result in financial distress. NBFIs,
especially the savings and loans
companies, must therefore be
mindful of these tendencies and
adhere to their intended role of
mobilizing cheaper deposits from
ordinary savers.'
Mr Narh was unhappy with
shareholders of NBFIs who use
their institutions to finance
other businesses through the
mobilization of deposits from the
public and on-lending same to
2020, the Group expects this figure
to climb to 30 percent.”
For DHL Global Forwarding,
the leading provider of air, sea and
road freight services, the EUR 16
million new facility located at the
Plumbago Business Park boasts
12,000 square meters of warehouse
space and 5,500 sq meters of office
space. The efficient layout of the
new facility greatly improves cargo
handling with an enhanced flow of
goods in and out of the facility.
A TAPA 'A' certified warehouse,
the new premises are a world
class facility in South Africa,
strengthening the country's
growth capabilities as the hub
for distribution into the region.
DHL Global Forwarding is also
expecting to reduce its CO2
emissions in excess of 700,000
kg per annum from consolidating
its Johannesburg operations into
one facility. Emission reduction
will be achieved from savings on
electricity through the use of solar
power energy, and savings on
petrol through more efficient and
effective material handling at the
warehouses.
D
HL the global market
leader in the logistics and
transportation industry
today announced investments
totalling EUR 30.5 million by
both its Supply Chain and Global
Forwarding divisions in South
Africa. The investments signal the
group's long-term growth plans
for the region as it brings state-of-
the-art infrastructure, IT systems
and world-class services to support
businesses operating in Africa.
The company launched two
new facilities located in Plumbago,
located in close proximity to the OR
Tambo International Airport east of
Johannesburg. An excellent location
for logistics services, the facilities
offer the twin benefit of both
freeway access and high visibility.
Roger Crook, CEO, DHL Global
Forwarding and Freight, Member of
theBoardofManagement,Deutsche
Post AG, said “Part of our global
threepillarStrategy2020istofocus
on further expansion of logistics
services in the world's emerging
markets. Today, emerging market
revenues contribute just over 20
percent of the Group's revenues; by
Mobile telecommunications giant,
MTN has blocked calls coming
to their network from fellow
competitor, Expresso beginning
November 1, 2014.
MTN notified its subscribers
of the decision through text
message indicating it was due to
circumstances beyond its control.
“Due to uncontrollable
circumstances, MTN customers
cannot receive calls from Kasapa
[Expresso] from Nov. 1. You can,
however, call Kasapa customers.
Sorry for the inconvenience.
Stanbic Bank Ghana Limited has launched a
new banking product onto the Ghanaian market,
which promises to increase the customer base
of the bank.
The new product, dubbed “Stanbic Red
Means Go” is an overdraft that allows customers
of the bank to be able to withdraw monies from
their accounts even when they have no money
in them.
Launching the product, Managing Director
(MD) of the bank, Mr. Alhassan Andani said
the “Stanbic Red Means Go” is an overdraft
campaign that turns the traditional meaning of
the colour red upside down.
According to him, whereas a red account
normally signifies lack of funds and the inability
to do the things that matter, Stanbic says a
customer can be short of funds and still be on
the go with this arrangement.
“Beginning from November 1, 2014 to
January 31, 2015, a customer who opens a
new salaried account with Stanbic is eligible to
access an interest free and fee free overdraft
facility for one year.
“When you are in Red with Stanbic, you can
still GO because it’s for FREE! Stanbic Bank
customers now have the ability to override the
red light and get the money they need to do the
things they hold dear”, he explained.
DHL Supply Chain's 25,000m²
multi-user warehouse facility
will be used to consolidate its
technology client portfolio, as
well as some key fast moving
consumer goods (FMCG) clients.
The facility has been purpose-built
for the technology and consumer
industries including speciality
designssuchashighdensitystorage
up to 16m in height for FMCG
companies; optimised operational
flows; a super flat floor necessary
for such high-level storage and
retrieval; and the latest technology
on reach trucks.
“We are implementing
international best practices at
Plumbago, and this will become
the model for other facilities
across the country. Our long-term
strategy is to develop warehouses
in prime locations - with our well-
established networks, we provide
daily deliveries to almost all
retailers across South Africa with
99.8% on-time efficiency,” said
Craig Roberts, CEO, DHL Supply
Chain – Middle East and Africa.
“The new space gives our clients
the advantage of a better location
and warehouse design, planned
by the best logistics specialists,
as well as increased automated
throughput. Such investments are
long-term in nature, and reflect
DHL Supply Chain's commitment
to Africa. We have an ambitious
growth strategy for this region and
intend to use our South African
assets as a springboard into the rest
of Africa,” he added.
The facility will offer market
leading warehousing management
systems, and boasts eco-friendly
features including
energy efficient
lighting system,
and rain water
harvesting for
vehicle washing.
The consolidation
and relocation
nearer to OR
Tambo Airport,
client distribution
centres and
retailers, itself
c o n s i d e r a b l y
reduces carbon
emissions.
Modern
Ghana
But Joy Business gathers that
the action has been influenced by
the inability of Expresso to settle
debts owed MTN in termination fees.
MTN has over 13 million
subscribers on its network while
Expresso, a CDMA network
has about 124,000 subscribers,
according to August figures from the
National Communication Authority
(NCA).
The development could affect a
lot of businesses that uses Expresso
lines for their day to day operations.
Modern Ghana
Mr. Ben Mensah, head of personal markets of
the bank said “Being in Red should not be a show
stopper when you bank with Stanbic. You can still
go on with your life. We offer you the chance for an
interest free overdraft that allows you to meet your
pressing financial needs before ‘Pay Day’ and pay
absolutely nothing for it.
“Being aware of our customers’ needs, we are
rolling out this helping hand for our customers.
They have the freedom to move whenever they want,
enjoy a life of convenience and not wait to the end
of the month to make important moves”, he added.
Explaining further, Mr. Mensah said by opening
a salaried account, a customer stands to gain a
number of benefits such as zero service fees on
current accounts for three months, from first day
of opening.
Other benefits, according to him include; free
first cheque book, free SMS / email alerts and
Internet banking, free International visa debit card,
free ATM withdrawals at Stanbic ATMs, free and
prompt processing of salaries and many more.
He continued that customers of the bank will
have access to flexible and competitively priced
personal loans, vehicle and asset financing as well
as mortgage packages to suit their financing needs
and access to a wide range of other Stanbic savings
and investments products.
Ghanaian Chronicle
businesses connected to owners
and directors of the financial
institutions.
'Let me sound a word of
caution that shareholders of
NBFIs should desist from such
activities and respect the limits set
in the banking Act with respect to
lending to connected entities to
avoid an abuse of their licences,'
the Deputy Governor mentioned.
He said the rampant roll
out of branches required huge
investments from shareholders
and put pressure on directors and
management to ensure adequate
returns on investments and at the
same time guarantee the safety
of deposits. 'In seeking to expand
operations therefore institutions
are sometimes tempted to deploy
depositors' funds into such capital
investments which prove counter-
productive and I must add that
the Bank of Ghana will impose
severe sanctions on any regulated
institutions that engage in such
acts.'
He added that there were
challenges with SME financing,
adding that with proper systems
and innovative financial products,
the lack of access to credit by SMEs
would be curtailed.
Modern Ghana
mONDAY | NOVEMBER 10, 2014
6. FRANKLY SPEAKING06
By kirit sobti,
editor, iat
editor@indoafricatimes.com
T
here is certainly something sexy about a girl
with a bold attitude and a pair of leather boots.
You may have also heard... Leather is hot in
summer and cold in winter. In reality, leather adjusts
constantly to its environment. Because it is a natural
product, leather breathes freely, preserving a comfort
level in all seasons.
Leather is actually a collective term for all hides
and skins, which have been tanned. The diverse look
and feel of leather, from one hide to another, is an
outcome of the diversity of ways in which the hide can
be tanned and the separation of raw, untanned hides
obtainable.
Worth to mention, Africa is fast evolving as one
of the upcoming bazaars for finding quality leather
and hides for the thriving worldwide leather industry.
Leather and leather products are amongst the most
extensively dealt and collectively used commodities
in the world. By now, the total value of annual trade
is anticipated at 1.5 times the value of the meat trade;
more than five times that of coffee and more than eight
times that of rice.
Official international trade in leather and leather
goods is projected at over US$ 50 billion a year and
the market is far from saturated. In the next decade,
the call for leather raw materials (hides) and finished
products may surpass supply – building the leather
industry one of the most rewarding business sectors in
the years to come.
Africa’s profusion of livestock signifies a likely
strength for the sector, as leather is a by-product of
the meat industry. Africa has about 15 per cent of the
world’s cattle population, a percentage that cultivated
by about a quarter over the last decade, overhauling
the global fashion. Likewise, Africa owns about 25
per cent of the world’s sheep and goat population.
AFRICA SELLING ITS SKIN
We have been putting
our heads with farmers and
also consumers because in
Nigeria we have a need for
‘Kpomo’ (hides/skin) but we
have to very quickly make
adjustments so that we can
get our shoes and bags
instead of taking it away by
making it into delicacies.
Adan Mohamed
Cabinet Secretary,
Industrialization and Enterprise
Development, Kenya
Alhaji Bukar Tijjani
Minister of State for Agriculture
and Rural Development, Nigeria
Ethiopian shoe industry faced a bizarre
period when cheaper, shinier and
attractive plastic shoes from China
welcomed into market in 2000. It
left local dealers nervous about the
possibility of being pushed out of
business. The owners of factory were
in a state whether to compete with the
Chinese or to shift to other businesses.
The country came to know about its
huge livestock resources which meant
that the country does not lack raw
material. Leather policy was brushed
up, labor became cheaper and easily
available and the demand for local shoes
grew. After some development the shoe
industry survived and today the sector
is attracting visitor around the globe
including major player of the business
such as Huajjan of China and George
Shoes of Taiwan.
More than 30 tanneries and hundreds
of factories are making shoes and leather
garments today in Ethiopia. Millions
of Ethiopians have got employment by
the local industry and the earnings by
exports of leather exports and garments
is growing. It has grown from $76 million
to $132 million in the last five years.
Nearly $30 million was estimated to
come from shoe exports.
By a data on export the Ethiopian
leather products goes to mainly US,
England, China, Italy, Germany, Kenya,
Uganda and Tanzania. Though the
exports have been growing, they are
under government’s targets, and many
locally-made goods or those made using
raw material sourced from the country
are selling under foreign brands which
means that the Ethiopia’s share in world
trade of leather and leather products is
less in comparison with foreign brands.
Sileshi Zegeye, the Deputy
Communication Director at the Ministry
of Industry, articulated, “Ethiopian
shoes are exported to different countries
including China,” while the inauguration
of an office by a US company, Brown,
which exports shoes to the Chinese
market.
Brushing the
Leather Policy
in Ethiopia
The taskforce in the
country has been appointed
with a clear brief to share
their wealth of experience on
how the leather sector can be
sustainably developed. With
the global leather demand
now estimated at more than
US$60 billion, we must work
hard to grab a share of the
cake.
Ethiopia
and Kenya
are amid
the biggest
manufacturers
of raw leather
in Africa.
Luscious Leather Business in Africa
This places Africa at the midpoint of the thriving
leather industry as a crucial supplier of hides and raw
materials to the mounting industry of leather and
leather goods.
Though, regardless of its significance as a livestock
producer, Africa accounts for only eight per cent
of world production of cattle hides and about 14
per cent of goat and sheepskins. Additionally, even
though African countries frequently place leather
extraordinary in standing as an export commodity,
leather and leather products usually account for less
than four per cent of total exports. This is mainly due
to the fact that the leather industry in most African
countries remains a shambolic sector.
Nevertheless, gears are now shifting swiftly as
more and more countries around the world are
looking to spring their chucks for leather and hides
from African countries.
Ethiopia and Kenya are amid the biggest
manufacturers of raw leather in Africa. Exporters are
discovering joint ventures with African companies
considering for technical support, know-how and
investments.
Countries in the Horn of Africa are one of the
largest exporters of livestock, particularly to the
Middle East countries. For Ethiopia, for example,
livestock and livestock products are the foremost
foreign exchange earners, second only to coffee, with
hides and skins backing the most.
Other main exporters of live animals are Somalia
and Kenya, and to a lesser extent Sudan and Djibouti.
Collectively, these countries export a fair share of
requirements of the livestock and leather industry
worldwide. The coming years can witness these
countries developing as foremost performers in the
leather industry.
MONDAY | NOVEMBER 10, 2014
7. TRAVELtourism 07
T h e U n t o u c h e d B e a u t y
1. Coral Gazing at Agatti
Visitors to Lakshadweep
should never miss Coral
Gazing at Agatti. Looking
to the amazingly attractive
coral reef in the blue
waters of Lakshadweep is
an exhilarating as well as
hypnotizing experience.
2. Kayaking and Yatch sailing
on Kavaratti Island
Lakshadweep visit can also be
named as adventurous visit.
One can opt Kayaking and
Yatch sailing on Kavaratti.
Kayaks and sailing yachts are
hired easily.
3. Scuba diving at Kadmat
Visitors should not finish their
trip without Scuba diving at
Kadmat. Other adventure
activities in Lakshadweep
such as snorkeling, deep sea
fishing, wind surfing, speed
boating, kayaking etc. should
also be experienced.
4. Enjoying folk dances like
Kolkali and Parichakali
Folk dances like Kolkali and
Parichakali should also be
experienced. These folk dances
are very popular in the place
which will take you close to
the culture and tradition of the
place and it will also connect to
the heart of the viewers.
5. Lighthouse at Minicoy
This 50mt-tall lighthouse,
constructed by British is
undoubtedly an impressive
sight, which attracts a large
number of viewer. Many people
like to go for small outings
to the Lighthouse at Minicoy.
The places should be visited
while trip to Lakshadweep.
There are big lagoons present
in Lakshadweep which add
to its interesting as well as
untouched beauty.
Interesting things to do !!
L
akshadweep is derived from the
word Lakshadweepa meaning
one hundred thousand islands. The
island is the smallest Union Territory of
India constituting 32 square kilometers
(12 sq. mi) 2. It is a single Indian district
with ten sub divisions. Kavaratti is the
Capital of the Union Territory. It is an
archipelago including twelve atolls, three
reefs and five flooded banks making a
total of thirty-nine islands and islets.
With 36 coral islands stroked with a
striking landscape of lush green bliss and
amber kissed beaches, this is a nature
lover’s heaven. With less travelers and
antiquated villages, you are guaranteed
a calming vacation scrambled only with
long walks on never ending shorelines,
swaying by the hammock under the
slanting evening sun and a dip in the shiny
turquoise ocean.
If you relish a few days of discovering
nature in its true form, then you will be
overwhelmed by the charm released by
Lakshadweep Islands.
Getting here is not much of an issue.
The islands are well linked by regular
flights from Kochi. With a classic tropical
climate, the best time to visit the islands
is between October and March when it is
relatively cooler and drier. With not much
tourism around here, Lakshadweep is full
of mysteries waiting to be unveiled.
The plentiful flora and fauna, lack
of messy lives and delightful natural
landscapes add to the personality of this
place. This place is best exposed travelling
on foot and taking a drive along the shores,
basking away in nature’s glory.
Lakshadweep is nonchalant. It is a
place to forget all worries, put the past
behind and revel in the present’s beauty.
If you haven’t been to Maldives, Minicoy
will give you a peak into it. Then you
should move on to the uninhabited islet of
Kalpeni. Its scenic view is enhanced with
the huge shallow lagoon.
Shinning bright green water attracts
thousands of tourists from far and wide.
Lakshadweep has become favourite hot
spot beach in India. Islands are renowned
across the globe for their lovely white
sun-kissed beaches, sapphire lagoons,
lovely warm seas ornamented abundantly
with multi-hued corals, and all persistent
peacefulness.
If you want to get relaxed from
the chaos and mix-up of city life, visit
Lakshadweep. Stunning peninsula which
provide people to experience water
activity and to explore marine life. It is an
amazing place where you can enjoy a fun
filled time.
This is
India’s
best kept
secret. If
you are in or
around India
and are planning
a holiday, make
sure you wind up
in this pecious jewel-
Lakshadweep Islands.The
islands brag about their
beauty in an entirely brazen
way.And why shouldn’t they?
mONDAY | NOVEMBER 10, 2014
8. TALKINGTECHNOLOGY08
T
ata Africa Holdings South
Africa is a part of the Tata
Africa Holdings Limited
(Tata Africa) group companies
engaged in the distribution and
trading of goods and services with
operations in Southern Africa.
Operated out of Johannesburg,
the company also serves as
Tata Africa’s head-office and
employs over thirty employees in
corporate services and provides
support to the companies on the
continent. Tata Africa Holdings SA
is constantly identifying business
opportunities that promote local
economic growth. The company
has interests in sectors such as
steel, mining, hospitality and
engineering. Tata Africa Holdings
SA also represents various Tata
group companies and facilitates
their entry into South Africa based
on opportunities available for the
development of the local economy.
Tata Africa Holdings Limited is a
multi-businesssubsidiaryofglobal
trading and distribution company
Tata International Limited
(www.tatainternational.com) and
has a strong presence in over 14
African countries. Tata Africa has
evolved as a leading distributor of
Tata Motors vehicles and boasts
an extensive reach of showrooms
and workshops. Recently, Tata
Africa has added to its portfolio
the distribution of Jaguar Land
Rover range in select countries in
Africa. Over the years, Tata Africa
has entered into joint ventures
and partnerships with several
African companies to help develop
local resources and talent.
In addition, the company has
also created vast expertise in the
provisions of costumer solutions
in the areas of pharmaceuticals,
medical equipment, engineering
and IT, industrial chemicals, and
agriculture. Today, Tata is a brand
that's synonymous with quality
products and ethical business
operations in Africa.
Supporting the Community
In keeping with the Group’s rich
tradition of giving back, Tata
companies operating in Africa
are actively involved in initiatives
that promote the social and
economic development of African
communities.
TataAfricahas,forthelast10years,
been engaged in a postgraduate
scholarship programme that has
grown in number over the years
and now supports some of the
major universities in South Africa.
In addition the company has a
partnership with the Department
of Sciences and Technology
and supports the Woman in
Sciences Awards programme
which recognises established and
emerging women scientists and
researchers.
Tata companies are committed
to the Group vision of building
and sustaining relationships
in Africa with cooperation and
trust, creating employment
opportunities and making
its contribution to the social
development of local communities.
Contact details
Tata Africa Holdings (SA) (Pty)
Ltd
39 Ferguson Road | Illovo, 2196,
Johannesburg, South Africa
Switchboard + 27 11 459 1700
Email: tata@tataafrica.com
Website: www.tataafrica.com
Tata Africa
Holdings
(SouthAfrica)
Limited
About Tata International Limited
Tata International Limited [TIL], is a global trading and
distribution company and a member of one of most
respected business conglomerates, the Tata group.
Established in 1962, TIL’s key business lines are metals
trading, distribution (auto and allied), leather and leather
products, minerals trading and agri trading, with a
presence in manufacturing and supply chain integration
in select businesses. The company operates through its
network of offices and subsidiaries across 39 countries,
spanning Africa, Europe, Middle East, Latin America and
Asia and has spearheaded forays into new geographies
for the group. Besides, TIL has been a forerunner of the
Indian industry in Africa.
Over the years, TIL has formed strong strategic
alliances and partnerships that have reinforced its role
in international trade and business. With a turnover of
USD 1.7 billion (2014-15), the company is supported by a
10,000+ strong employee base.
The company is deeply committed to being a proactive
and responsible member of the community and the
environment in which it operates. Stringent goals for the
reduction of our carbon footprint and greenhouse gases
in the leather plant and other facilities, coupled with
initiatives for empowering local communities in equal
measure, drives the company's long term sustainability
agenda. Winner of several prestigious national awards and
International certifications for Environment and Quality, it
is also a signatory to the UN Global Compact.
MONDAY | NOVEMBER 10, 2014
9. TRYSOMETHINGNEW 09
Ingredients
2 lbs spinach
1 1/2 ounces peanut butter
1 tomato
1 onion
2 teaspoons curry powder (or paste, your
favourite blend!)
1 cup coconut milk
3 tablespoons ghee or 3 tablespoons butter
1 teaspoon salt
Prepration Method
1. Wash the spinach roughly chop. De-skin the
upcoming
It is not bravery that causes a man to climb
a thorny tree, it is actually cowardice
THOUGHT OF
THE WEEK
India Loyalty Conclave
2014
The 2nd edition of India
Loyalty Conclave 2014 which
will bring together 150+
India's top CMOs, CXOs,
innovators, customer retention
engagement specialists from
leading consumer brands and
businesses to discuss and
debate on the future of Indian
loyalty ecosystem.
Date: 12 Nov 2014
Venue: Vivanta by Taj, Mumbai,
India
Next Generation Testing
Conference Delhi
It is organized by the UNICOM
Learning. The conference will
cover areas like emerging
technologies like, Big Data
Testing, Cloud Testing and
many more related topics.
Date: 12-13 Nov 2014
Venue: The Suryaa Hotel, New Delhi,
India
Secure India 2014
It is organized by Confederation
of Indian Industry. It aims
at providing a platform for
the technology providers,
manufacturers, system
integrators, Security agencies
and corporate end-users
to showcase emerging
opportunities in the growing
Indian Homeland Security,
Commercial Security and Fire
Safety industry. It will ensure
dissemination of information
on new technologies and
developments to the industry
and address the challenges
adequately.
Date: 12-14th November, 2014
Venue: Bombay Exhibition Center,
Mumbai, India
FICCI Higgher Education
Summit
It is organized by the Federation
of Indian Chambers of
Commerce Industry. The
conference will cover areas like
Summit Will Be Supported by
Ministry of Human Resource
Development.
Date: 13-14 Nov 2014
Venue: Federation House, New Delhi,
India
Ground Zero Summit
It is organized by the InfoSec
Southwest. The conference will
cover areas like Os Exploitation,
Application Hacking, Rootkits
and Malware, Forensics
and Anti-Forensics, Scada
Security and Exploitation
Telecom Equipment Security
and Exploitation, Embedded
Device/Hardware Security and
Exploitation.
Date: 13-14 Nov 2014
Venue: Ashok Hotel New Delhi, New
Delhi, India
Rice Pro-Tech Expo 2014
Rice Pro-Tech Expo 2014 is
a largest exhibition on Rice
Milling Machinery. The show
is a perfect platform for the
end users, professionals
and experts related with the
field to experience the new
developments and opportunities
presented at the show.
Date: 14-16 Nov, 2014
Venue: BTI Ground, Raipur,
Chhattisgarh, India
Actor Shri Salman Khan calling on the Prime Minister, Shri Narendra Modi, in New Delhi on November 06, 2014.
picture of the week
tomato, peel and chop. Peel and chop the onion.
2. Mix the peanut butter with the coconut milk in a jug
set aside.
3. Heat the ghee .butter over a medium heat in a large
frying pan. Add the onion, tomato, salt and curry powder
/ paste and sauté for 5 minutes, or until the onion
becomes soft.
4. Add the spinach, continue cooking for about 15 to 20
minutes, until the spinach is cooked.
5. Pour the peanut butter and coconut milk mixture into the
pan stir gently to mix.
6. Simmer, for another 5 minutes, stirring constantly, to
ensure that the mixture does not stick to the pot.
Handy French
COMPLETE THE PROVERBS
1. Will you marry me?
Veux-tu m'épouser?
2. What kind of music do you like?
Quel genre de musique aimez-vous?
Mchicha
Tanzanian Spinach Peanut Curry
South Africa is the
second largest exporter
of fruit in the world
Flag
Country
Name
Capital Currency
Official
language
High Commissioners/
AmbassAdors IN INDIA
Malawi Lilongwe
Malawian
Kwacha
English, Chichewa,
Lomwe, Yao,
Ngoni, Tumbuka
H.E. Dr. Perks M. Ligoya
Mali Bamako
West African CFA
franc
French H.E. Mr. Ousmane Tandia
Mauritius Port Louis
Mauritian
Rupee (MUR)
English
H.E. Dr. Arye Kumar Jages-
sur GOSK
Morocco Rabat
Moroccan
Dirham (DH)
Arabic, Amazighe H.E. Mr. Labri Reffouh
Mozambique Maputo
Mozambican
Metical (MZN)
Portuguese
H.E Mr. Jose Maria Da Silia
Viera De Morais
Namibia Windhoek Namibian dollar English H.E. Mr. Pius Dunaiski
Niger Niamey Franc Fca French H.E. Mr. Ali Illiassou
Complete your dinner with this
lovely side dish
Benefits
of
CLOVE1. Temporarily treat a toothache
You can temporarily alleviate the pain by
dabbing a little clove oil on a cotton ball
and placing it on the sore tooth or on your
gums. An added benefit is that it will also
pull out any infection.
2. Relieve upper respiratory infections
Ayurveda suggests making a tea to
lessen, or prevent, colds and flu. It is also
used as an expectorant, making it easier
to cough up phlegm. Cloves are a natural
painkiller and also attack germs, so they'll
help you get rid of that sore throat.
3. Reduce inflammation
Use clove oil to massage sore muscles;
some also use it for arthritis and
rheumatism.
4. Treat scrapes and bruises
Cloves are pretty strong and can sting,
so the best bet is to probably make a
poultice with a little olive oil.
5. Improve digestion
Cloves help relax the smooth lining
of the GI tract, so they help alleviate
vomiting, diarrhea, intestinal gas and
stomachaches. Just be careful; since
they're strong, they can also irritate the
stomach.
6. Enhance sexual health
Sometimes used as an aphrodisiac,
cloves can also help men from reaching
orgasm too early.
1. Asyoushallmakeyourbedsoshallyou........................
2. Better to be safe than .........................................
3. Strike while the .................................................
ANSWER: 1. Lie there. 2. Sorry!. 3. Iron is hot. 4. A woman. 5. Gathers no moss. 6. worth two in the bush
3. Do you have account on Facebook?
As-tu un compte Facebook?
4. I beg your pardon? / I'm sorry?
Je suis désolé?
5. I’m going on a world tour.
Je vais faire le tour du monde.
6. You’re a genuine person.
Vous êtes une personne très sincère.
4. Never underestimate the power of .................................
5. A rolling stone ..................................................
6. A bird in the hand is ................................
mONDAY | NOVEMBER 10, 2014
10. THEFASHIONISTAS10
Ghana DJ Awards 'Jump Off' Brings Methodist
University to a Standstill
Famous journalist photographer becomes Honorary
Ambassador for Reunion Island
Leave it up to Merqury Republic
to completely rock Methodist
University! At the 2nd event of the
Ghana DJ Awards Campus Tour
dubbed the Jump Off held at the
forecourt of Methodist University
in Dansoman on October 31st, the
entire school was brought to a
total frenzy with amazing DJ jam
sessions by campus DJs, with live
sets by top Ghanaian DJs.
With a heavy lineup featuring
DJ Gospol of radio Gold 90.5fm,
Professor Collins of Rainbow
Radio 87.5fm, Scratch DJ Of The
Year 2013, DJ Hubert, DJ Page of
Dancestardom and Jay Spinash,
the forecourt of the school went
P
resident of Actors' Guild of Nigeria
(AGN) Ibinabo Fiberesima, has hinted
that her first marriage will be taking
place anytime soon.
The 43-year old mother of five took
to her Facebook page today, November 3,
2014, to gush about his first husband-to-be
but without putting a name to it still.
Although refusing to offer details, Ibinabo
has some words of gratitude to God and a
few for those who have ruled her out of ever
getting married.
“I am also getting married to the most
Awesome guy in this universe…. Chineke..
Baba God …u 2 much. U too dey bless me.
Thank you Jesus. Shame to bad people! I am
in the limelite doesnt make me less HUMAN.
Wedding loading,” she said.
Meanwhile, Ibinabo who has a child with
Nollywood actor, Fred Amata is yet to reveal
the details for the big day but we will keep
you posted.
Modern Ghana
agog when lady DJs Nyce and MJ
were introduced on stage to battle
as promoted ahead of the show.
After the first round of the
first ever Female DJ Battle in
Ghana between DJ Nyce and DJ MJ,
MC Merqury Quaye invited two-
time Female DJ of the Year at the
Ghana DJ Awards, DJ Kess on stage
amidst cheers from the upbeat
audience. On stage, celebrity DJ
Kess encouraged the ladies and
commended organizers, Merqury
Republic for adding value to Disc
Jockeying in Africa through events
and recognition. The ecstatic
crowd couldn’t help but ask for
another round of the battle which
eventually ended a tie
between Diijay Nyce and
DJ MJ. Merqury Republic
hasn’t disclosed when
the two female DJs will
face off again.
Through the Ghana
DJ Awards Campus tour
which made its first
stop at the Jean Nelson
Hall at the University Of
Ghana, Merqury Republic
is extending the Ghana
DJ Awards RHYTHYM
NATION experience,
the #1 music jam series
in Ghana, to campus
audiences by offering
students unique shows
featuring campus DJs, with live
support DJ sets by iconic DJs,
ahead of the main show.
Ghana DJ Awards is THE first
and only national DJ program in
Africa so it's only natural that we
lead the way in the music space,
said Merquy Quaye, Founder
of the Ghana DJ Awards in an
interview. Our audience can't
live without their DJs and it makes
sense for us to be where they
are with our compelling content
and ubiquitous brand. We will
continue to entertain and engage
our audience beyond the main
awards show, he added.
Modern Ghana
The Autofocus Ravine white
project succeeded in bringing to
Reunion Island one of the greatest
journalist photographers, Reza
Deghati. The Autofocus project
was initiated two years ago by the
city of Saint Pierre, the USOC, the
Anru, the SIDR, the SHLMR, and the
Semader as well as the inhabitants
of the white Ravine.
These are at the heart of
the project. It comes to make a
self-portrait of the district by its
inhabitants in order to reclaim
and revitalize their neighborhoods
being rebuilt through
intergenerational initiation of
photography with the intervention
of professionals.
On Thursday, October 30,
at 7:30 pm the Lucet Langenier
theatre in Saint-Pierre was entirely
Actress
Nollywood
Wedding bells ringing for
Ibinabo
Fiberesima
dedicated to the photographer for
an evening conference-debate.
The program consisted of a
presentation of the Autofocus
project on Ravine white, followed
by a conference debate. REZA
was then named an Honorary
AmbassadorofReunionIsland,and
evening closed with performances
of Zanbrokal Musikal with Frédéric
Joron, Kartier choir and Kozman ti
Dalon, and evening cocktails.
About REZA
Philanthropist, idealistic,
humanist, trained architect, and
famous photojournalist primarily
for National Geographic, Reza
has traveled the world for 30
years, and has been a witness to
wars and the moments of peace.
More than a photographer, Reza
is a committed man who puts
informal visual training of youth
and women in the service of a
world best. As such, he founded in
2001 the NGO Aina in Afghanistan
and actions of training worldwide,
while continuing his reporting for
the international media.
Fellow of the National
Geographic Society, Senior Fellow
of the Ashoka Foundation, award-
winningmanytimes,Rezahasbeen
awarded the World Press Photo
Award and the Infinity Award.
He received various awards of
American universities, including
the price of Doctor Honoris Causa
from the American University of
Paris, and the Medal of honor from
the University of Missouri. France
gave him the Medal of Chevalier of
the national order of merit.
Modern Ghana
MONDAY | NOVEMBER 10, 2014
11. SPORTS2WATCH 11
Keshi re-appointed as Nigeria coach South Africa's last farewell to slain
football captain
Red-hot Kotoko good enough to represent Black Stars,
claims Michael Osei
Keshi led the Super Eagles to
the African title in 2013 but was
sent packing on October 16 after
a string of poor performances,
including a surprise defeat away
to Sudan.
But many believe that
protracted political battles inside
the Nigerian Football Federation
(NFF) were behind his dismissal
and his eventual reinstatement.
Reports surfaced suggesting
that President Goodluck Jonathan
had intervened to order Keshi be
given a new contract.
The new NFF boss Amaju
Pinnick, who emerged on top
after an extended power struggle
within the NFF, is seen as a Keshi
rival, while the sports minister
Tammy Danagogo is known to be a
supporter of the outspoken coach.
The man named by Pinnick
to lead the Super Eagles after
Keshi's firing, Shuaibu Amodu had
also come out in favour of Keshi's
return for Nigeria's upcoming
matches. The caretaker coach
said he did not have enough
time to remake the squad that
his predecessor had shaped. The
NFF technical committee said it
had decided to accept Amodu's
proposalforKeshitobere-instated
for Nigeria's next Africa Cup of
Nations qualifiers against Congo
and South Africa in November.
NFF President Pinnick said he
will not oppose Keshi's return.
I have never had anything
against Keshi as a person. Amodu
is someone we all respect and
since that is his opinion and the
technical committee has approved,
so be it, Pinnick said.
Ghanaian powerhouse Asante
Kotoko have enough quality to
represent the Black Stars at the
international level, assistant coach
Michael Osei has claimed.
The Ghanaian giants have been
peerless in the pre-season where
they have remained unbeaten
after ten games with their latest
friendly being a narrow 1-0 win
overIvoriansideTandaFCon.They
can boast of the best crop of
players in the domestic scene and
look like the possible candidate to
retain their Premier League crown
.The Porcupine Warriors have
simply been irrepressible in the
last three years where they have
increased their trophy cabinet and
leaving their arch-rivals Hearts of
Oak to play catch-ups.The club's
I am also assuring Nigerians
at home and abroad that the NFF
will give Keshi all the necessary
support to successfully prosecute
the two very crucial final matches
of the 2015 Africa Cup of Nations
qualifying series, he added.
Nigeria need to not only win
both matches but beat Congo by a
margin of two goals to stand any
chance of automatic qualification
for the finals in Morocco next year.
Keshi's return seemed to
suggest that the power struggles
inside the NFF will rumble on, with
the body's leader accepting the
return of a coach he had ousted.
Meanwhile, Keshi announced
the recall of Spain-based striker
Ikechukwu Uche for the two
upcoming qualifiers.
Keshi had left Uche out of the
2014 World Cup squad, reportedly
for defying team strategy, in a
move which sparked furious
debate among Super Eagles fans.
Chelsea midfielder John Mikel
Obi, Ahmed Musa of CSKA Moscow
and Fenerbache striker Emmanuel
Emenike have also been named in
the 25-man squad.
Modern Ghana
South Africans turned out in huge
numbers in Durban for the funeral
of national football captain and
goalkeeper Senzo Meyiwa, who was
murdered last weekend.
Meyiwa, who had just turned 27,
was gunned down by an intruder while
visiting his pop star girlfriend south-
east of Johannesburg in a crime that
shocked the nation.
Family and friends were joined
by government members and the
top names in South African football
among a crowd of 30,000 at the
funeral ceremony at Durban's Moses
Mabhida Stadium, broadcast live on
television.
The crowd fell silent and many
wept as Meyiwa's coffin, shrouded
in the national flag, was driven into
the stadium in a white SUV, followed
by members of his club the Orlando
Pirates and top officials.
The goalkeeper had grown up in
Umlazi, a township near Durban on
the Indian Ocean coast. He was to be
buried in the afternoon at the Heroes
Acre at Chesterville cemetery, which
is usually reserved for martyrs of the
struggle against apartheid.
Also attending his funeral were
the country's football federation head
Danny Jordaan and Senzo Mchunu,
head of the government of Kwazulu-
Natal, the province where Meyiwa
was born, which has decreed a
period of mourning.
Modern Ghana
not only the games that we have
been playing but if you look at the
team cohesion and solid displays,
you will be amaze. It's still a team
in progress.”The biggest Ghanaian
club have attracted a host of
experienced and quality players
including Rashid Sumaila, Akwasi
Acheampong, Obed Owusu,
Ahmed Toure, Emmanuel Asante
with Mark Sekyere expected to
join in January.
Modern Ghana
assistant coach Michael Osei claims
the two-time African champions
are good enough to represent the
Black Stars at the international
level.“Of course. We have the men
who can play for the Black Stars.
We can represent the Black Stars
if the opportunity avails itself,” he
told Accra-based Oman FM“We
have quality in depth to become
the new Black Stars. We're not
getting ahead of ourselves but I
know what I'm talking about.“It's
mONDAY | NOVEMBER 10, 2014
12. ENCOUNTER WITH EDITOR12
Owner / Publisher / Editor: Mr. Kirit Sobti from 3rd Floor, Plot No. 3, Block PSP-IV, Service Centre Opp. Sector-11 (Extn.), Rohini, Delhi-85
Printed at LIPEE SCAN PVT. LTD. 89 DSIDC SHED Okhala Phase 1, New Delhi
Being a representative of Zambia
to India, kindly enlighten us on the
evolution of Indo-Zambian relations
and what is your vision to further
fortify these ties?
Zambia and India have enjoyed
very special cordial and warm bilateral
relations from pre-independence times
when the leaders of the struggle for
independence in Zambia, such as Dr.
Kenneth Kaunda, drew inspiration from
India's struggle for freedom, particularly
from the times of Mahatma Gandhi, and
others, namely; Jawaharlal Nehru and
Indira Gandhi who all enjoyed special
relations with our First Republican
President of Zambia, Dr. Kenneth Kaunda.
My vision for the future is to
further strengthen relations between
our two countries through closer
interaction amongst the private
sector such as establishment of joint
ventures, particularly in value addition;
manufacture and agro-processing, people
to people interaction through stronger
cultural exchanges, and of course training,
including the establishment of Centres
of Excellence and also specialist medical
facilities in Zambia.
How the Zambian government is
addressing the issue of reducing the
cost of doing business in Zambia?
The Zambian Government has taken
bold steps to reduce the cost of doing
business and in this regard, established
the Zambia Development Agency (ZDA)
that brought under one umbrella five
different government agencies, namely:
Zambia Investment Centre (ZIC), Zambia
Privatisation Agency (ZPA), Export
Board of Zambia (EBZ), Small Enterprise
Development Board (SEDB) and Zambia
Export Processing Zones Authority
(ZEPZA), in order to enhance efficiency
and effective private sector development
in a coordinated manner.
Further, in collaboration with
Zambia Revenue Authority (ZRA) and
Patents and Company Registration
Agency (PACRA), ZDA has established
a One-Stop-Shop where businesses
can complete all company and tax
registration, including application for
investment license, under one roof,
which has substantially reduce the cost
and time of establishing a business in
Zambia. And these processes are being
decentralized and replicated across the
country to take these services closer to
the people and areas of business.
The Zambian Government has also
signed Agreements for the Avoidance
of Double Taxation with a number of
countries including India to ease the
incidence of tax on foreign investors
Government has also established
Multi-Facility Economic Zones where
key transport and communication
infrastructure is provided and businesses
can manufacture goods for export
without paying domestic taxes.
Victoria Falls, a gem in Zambia's
crown is blessed with awe-inspiring
beauty attracts countless tourists
from different corners of the world.
How Zambia is getting advantage from
the same?
Zambia is indeed blessed to have
one of the seven (7) natural wonders
of the world, the Victoria Falls that
attracts people from all over the world.
As a result of the high numbers of
tourist arrivals1 the Livingstone area
has developed a very strong hospitality
and service industry that has created
employment for many Zambians.
You will recall that Zambia and
Zimbabwe jointly hosted the United
Nations World Tourism Organisation
(UNWTO) General Assembly around the
Victoria Falls which offered opportunity
to key stakeholders in the tourism
industry world over to appreciate the
Victoria Falls, which has given impetus to
the sector in Zambia.
What makes Zambia the ideal
investment location?
Government has created a positive
and investor friendly environment, with
investment guarantees and security
provided for under the ZDA Act and
other legislation, and making Zambia an
investment destination of choice.
Zambia also offers attractive
investment fiscal and non-fiscal
incentives for both domestic and
foreign investors. It is worth noting that
foreign investors are allowed 100°/o
repatriation of profits.
Because of being strategically located
in the centre, Zambia offers easy market
access to COMESA and SADC regions, EU
under the Everything But Arms, USA
under AGOA and India under the Duty
Free Tariff Preference Scheme (DFTP).
I therefore invite all companies in
India and beyond to consider investing
in Zambia and be part of the success
story. The current Patriotic Front
Government has taken steps to root out
corruption and reduce bureaucracy and
cost of doing business by undertaking
reforms that will enhance transparency,
predictability and accountability, and
these reforms are already bearing fruit.
Which sectors present biggest
opportunity for growth and
development for both the countries?
The priority sectors include:
Agriculture, Manufacturing, Tourism,
Energy, Infrastructure, Information and
Communication Technology, Health,
Education and Vocational Training, and
Processing of Agricultural, Forest, Non-
Ferrous Metals or Gemstones products.
Zambia’s central location in the region, as well as a combination of key strengths makes it an ideal investment location. Interestingly,
this country boasts a profusion of birds, abundant wildlife, and raw and pulsating wilderness. Apart from the Victoria Falls, Zambian
tourism takes into account seven waterfalls with awe inspiring and spectacular views. In an exclusive interview to Indo Africa Times,
the High Commissioner of Zambia to India stressed the strong and worthy points on collaboration with India.
“Zambia offers easy market access to
COMESA and SADC regions”
H.E. Brig. Gen. Patrick
RomedyoTembo
High Commissioner of
Zambia
MONDAY | NOVEMBER 10, 2014