Indo Africa Times, a weekly newspaper has its key intend to create extensive awareness amongst people about Africa and India concerning different sectors like economy, politics, culture, fashion, sports and many more. It is our sincere endeavor to bridge the information gap between Africa and India by endowing our readers with updated and latest developments occurring in both the countries.

1. www.indoafricatimes.com
MONDAY | JUly 14, 2014 Title Code: DELENG18579 • RNI NO: DELENG/2014/54666 • Postal Registration No.: DN/325/2014-2016 • VOL. 1 • NO. 27 • Page 12 • Price `10
pg 11
pg 04
pg 07
pg 02
Continued to page 03
pg 12
Let's Roll!!!A Vision of a Solidly United Senegal
Mohamed Dionne
Named New
Prime
Minister
of Senegal
S
enegal's President Macky Sall has named Mohammed Dionne as
the country's new Prime Minister. Mahammed Boun Abdallah
Dionne is conceived as a close kin of the Senegalese President
Macky Sall. IT specialist and economist, he was a Cabinet Director of
Macky Sall then Prime Minister (2004-2007).
Beforehand he has functioned for the United Nations Industrial
Development Organization and was a government minister in charge
of implementing a multi-billion-dollar development plan in Senegal.
Mohamed Dionne, 54, is the third Prime Minister serving under
President Macky Sall, after Toure and former banker Abdoul Mbaye.
Dionne said after meeting with the President that he has been
given a guideline that calls for swiftly getting to work.
“The head of state has given me… a roadmap whose contents can
be wrapped up in two words: let’s roll,” Dionne told the press after
meeting Sall.
“Let’s roll, so his vision of a solidly united Senegal becomes a
reality under the rule of law.” Dionne underlined development in
agriculture and security as tops on his outline.
"The head of state gave me and government of the Republic a
roadmap that can be broken down into few words... get to work,"
Dionne said.
Dionne'sselectionisexpectedtoopenthewayforthegovernment
The Most
Dynamic
Country in
Africa:
Mozambique
A Place of
Spectacular
Natural
Exquisiteness:
Malawi
Sustainable
development is
my government’s
priority
A Growth
Oriented
Budget
2014-15
Ghana Gears Up
For Glasgow
Commonwealth
Games

2. Wassupafrica02
The much awaited Union Budget
2014-15
AfDB pushes its Green Bonds: New projects,
principles and products
P
rime Minister of India
Narendra Modi has
encountered the major exam
of his reform credentials, when his
fresh-faced government presents
its first budget.
Modi,63,withanoverwhelming
election victory in May and with
an assurance to lift growth and
create jobs for the 1 million people
who enter India's workforce every
month. No doubt, Finance Minister
Arun Jaitley's maiden budget has
lived up to BJP's assurance of
leading to Achhe Din (Good Days).
However the Finance Minister
attempted to give relief to the
individual taxpayers in what his
party labelled a ''growth-oriented
budget'', he though stopped short
of coming up to the concerns
regarding other sectors, which
were enthusiastically expecting
some relief.
"I propose not to make any
changes in the tax rate. However,
with the view to provide relief to
small and marginal and senior
citizen, I propose to increase the
personal income tax exemption
limit by Rs 50,000 from Rs 2 lakh to
Rs 2.50 lakh in case of all individual
tax payer who are below the age of
60 years," the Finance Minister said
while bestowing budget for 2014-
15 in Parliament.
The most imperative
declarations made by the Finance
Minister are as follows:
Salaried Class
Raising Income tax exemption
limit: Although the slab of tax free
income has not enthused up in line
with real inflation, Arun Jaitley's
notice on taxation has carried some
sort of respite to the individual
tax payers as it will upsurge the
purchasing power of individuals
and arouse demand.
The personal income-tax
exemption limit has been raised
Greengrowthisacorporatepriority
of the Bank that it achieves through
the financing of eligible climate
change mitigation and adaptation
projects. AfDB Green Bonds – rated
Aaa/AAA/AAA – help the Bank
reach that goal.
Proceeds raised through
the sale of AfDB Green Bonds
are allocated to a sub-portfolio
within the Treasury’s liquidity
portfolio until they are disbursed
to eligible green projects. To date,
outstanding AfDB Green Bonds
(including green-themed uridashi
bonds sold to Japanese investors)
amount to US$ 993 million against
a total eligible project pipeline of
US$ 1.6 billion.
Examples of eligible mitigation
and adaptation projects include:
renewable energy generation;
energy efficiency; vehicle energy
efficiency, fleet retrofit or urban
transport modal change; biosphere
conservation; solid waste
management; fugitive emissions
and carbon capture; urban
development; water supply and
access; and low carbon transport.
For the Bank’s Green Bond
portfolio, a specific set of guidelines
have been set up and outlined in
the Bank’s Green Bond Framework.
Zimbabwe prepares for SADC Summit
By Kizito Sikuka
The 34TH
Summit of the Southern African
Development Community (SADC) will be
held in August in Zimbabwe.
The theme for the summit set
for Victoria Fall, Zimbabwe is “SADC
Strategy for Economic Transformation:
Leveraging the Region’s Diverse Resources
for Sustainable Economic and Social
Development.”
As per the tradition, the host President,
Robert Mugabe of Zimbabwe will assume
the SADC chair from his Malawian
counterpart Peter Mutharika.
Malawi hosted the last SADC Summit
in August 2013 in Lilongwe, Malawi.
The summit is expected to deliberate
on a wide range of regional issues including
infrastructure development and the general
socio-economic situation in southern
Africa.
Infrastructure development has been
identified as a priority area of development
in the region.
This is because a thriving economy
depends on the existence of an efficient,
seamless and cost-effective trans-
boundary infrastructure network.
As such, the region has come up with
a number of cross-border infrastructure
projects for implementation for the next
few years.
The projects cover the key sectors
of energy, transport, tourism, water,
information communication technology
and meteorology.
Since the summit is being held in the
“Year of Agriculture and Food Security,” as
declared by the African Union, discussion
would also focus on ways to improve
production in the region.
Southern Africa possesses all the
necessary inputs for a flourishing farming
region as the region is endowed with fertile
soils, a favourable climate and affluent
water basins.
However, inadequate funding,
poor rural infrastructure and neglected
agricultural research have seen the region
experience some challenges in fully
exploiting its potential to increase food and
agricultural production.
Other main issues for the summit
include the possible adoption of the
Regional Indicative Strategic Development
Plan (RISDP) – a 15-year blueprint for
regional development and integration, as
well as the general political situation in the
region.
All the 15 SADC Member States will
attend the annual summit.
Countries that make up SADC are
Angola, Botswana, the Democratic
Republic of Congo, Lesotho, Madagascar,
Malawi, Mauritius, Mozambique, Namibia,
Seychelles, South Africa, Swaziland, the
United Republic of Tanzania, Zambia and
Zimbabwe.
by Rs 50,000/- that is, from Rs 2
lakh to Rs 2.5 lakh in the case of
individual taxpayers, below the age
of 60 years.
Exemption limit elevated from
Rs 2.5 lakh to Rs 3 lakh in the case
ofseniorcitizens.Ontheotherhand
there is no change in the rate of
surcharge either for the corporates
or the individuals, HUFs, firms etc.
Raising tax exemption under
80C: Investment limit under
Section 80C of the Income-Tax Act
has also been raised from Rs 1 lakh
to Rs 1.5 lakh which will embolden
savings to some extent.
Public Provident Fund (PPF): In
added relief to the depositors, the
Finance Minister has raised Public
Provident Fund (PPF) deposit limit
from Rs 1 lakh to Rs 1.5 lakh per
annum.
Hiking the cap on interest
on home loan: The realty sector,
which has been under compression
for quite some time, has now been
given a rest by the Finance Minister.
To incentivize investments into
the sector, the deduction limit
on account of interest on loan in
respect of self-occupied house
property has been elevated from
Rs 1.5 lakh to Rs 2 lakh.
Small entrepreneurs
To boost small entrepreneurs,
anInvestmentallowanceattherate
of 15 percent to a manufacturing
company that invests more than Rs
25 crore in any year in new plant
and machinery has been declared.
The profit will be accessible for
three years i.e. for investments
upto 31.03.2017.
Investment allowance to
manufacturing company investing
more than Rs.100 crore announced
last year will continue till
31.03.2015.
Women and senior citizens
Finance Minister's budget
announcement had nothing
precisely for women. Previously,
women earning upto Rs 2 lakhs
were exempted from paying tax.
There was extensive expectation
that the limit would be hiked by
a minimum of Rs 50,000 over
and above the general category
exemption limit.
As of now, senior citizens
earning upto Rs 2,50,000 did
not come under the tax bracket.
Income tax exemption limit for
senior citizen has now been raised
to Rs. 3 lakh.
Housewives
For long, housewives have
been economizing on their kitchen
outlays, owing to excessive prices
of needed items, but the NDA
government's announcement on
packaged/processed food products
and edible oil will certainly give
some breather to them.
Projects must meet the following
criteria:
• Be eligible for financing under
the African Development
Bank only (projects eligible for
financing under the African
Development Fund and
Nigerian Trust Fund will be
excluded);
• Have financing by the Bank
that can be qualified in full as
promotingeitherlow-carbonor
climate-resilient development
(projects whose financing by
the Bank can be qualified only
partially as promoting either
low-carbon or climate resilient
development will be excluded);
• Lead to significant accumulated
greenhouse gas emissions
reductions over the lifetime of
the asset.
13 projects in seven countries
were eligible for financing under
the Green Bond program.
Recent developments
The Xina Solar One Project
(US$ 100 million) in South Africa
was deemed eligible under the
Green Bond framework.
In June 2014, the AfDB agreed
to adhere to the Green Bond
Principles, a set of voluntary
guidelines that recommend
transparency and disclosure. The
principals also promote integrity in
the development of the green bond
market by clarifying the approach
for issuing bonds. A group of global
financial institutions launched the
Green Bond Principles, and issuers,
investors and environmental
groups provided guidance for
developing them.
AfDB
Arun jaitley, Finance Minister of India

MONDAY | JUly 14, 2014

3. Wassupafrica 03
T
he 10th edition of the map
boasts of a cover with the
slogan “Two steps from
Heaven,” which illustrates the
concept of Seychelles being
“Paradise on Earth” and which will
definitely lure potential visitors to
quickly make their way towards
these tropical islands.
This map once again provides
accurate and recent details of all
the most important places on Mahe,
Praslin, and La Digue and all their
satellite islands.
It has the usual Help Card
with all the emergency numbers
in Seychelles, and also where
Rwanda looks to Singapore for
business partnerships
To book your
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please email to
ads@indoafricatimes.com
or call at
+91 8130796166
+91 9310572255
economicreformplanthatincluded
an audit of the government payroll
and the removal of almost 60 state
agencies seen as too costly. The
economy will possibly enlarge
4.9 percent this year, from 3.5
percent in 2013, the International
Monetary Fund.
Senegalese President Macky
Sall dismissed Prime Minister
Aminata Toure after 10 months
in office subsequent to municipal
elections recently in the country.
Toure, appointed in September as
the West African nation’s second
female Prime Minister, was
removed from the position with
immediate effect, the president’s
office said in an e-mailed
statement.
It didn’t give ground for the
conclusion.
Seychelles in Your Pocket
to accelerate the reform process
and endeavor to generate more
jobs ahead of elections set for 2017.
Dionne and his team will thus
have to work so that the spirit
that the Head of State carries for
its youth concerning job creation
can be applied by the national and
international private sector.
“Get at work so that the Act III
of the decentralization to become
one of the major reforms in order
to allow Senegal to become a new
territorial governance, a well-
balanced territorial development.
Get at work so that peace reigns
in this country, safety and rule
of law”, pointed the new Prime
Minister.
Let us remind that Mahammed
Boun Abdallah Dionne exhibited
his talent in the IBM Company
before becoming an executive of
the Central Bank of West African
States (BCEAO). He was also
worked in the diplomatic world as
an Economic Office Manager of the
Senegal Embassy in Paris.
Sall has promised to lift growth
and create jobs by forcing an
FROM PAGE 01
the visitor can insert all his/her
personal details, including his/
her blood group, allergies, and any
other medical conditions.
150,000 copies of the map
have been produced, and these
are distributed free of charge both
locally and abroad. The tourist
guide book, which is its 22nd
edition, also has an extraordinary
cover, with a similar concept of
escaping to a remote, peaceful
island away from the turmoil of the
outside troubled world.
The cover illustrates a potential
visitor, who is dreaming of a
tropical island in the sun, where he
can completely forget all his daily
woes. These paradise islands are,
of course, no other than Seychelles.
It provides all the most recent
and updated information, lavishly
illustrated, including detailed maps
for visitors, tourists, and even for
residents, on all aspects of the
Seychelles' history, art and culture,
tourism industry, economy, and
investment possibilities, among
others.
The small book, which can
be easily carried in one's pocket,
is ideal for anyone wanting any
information at all, including
accurate contacts and locations,
and on anything they want to
do, any-where in Seychelles,
from taking a taxi, to booking an
excursion, from going out to eat
in a restaurant, to finding a petrol
station to refuel one's car.
The book is available in two
versions, Italian/English and
French/GermanattheAntikColony
shop at the Pirates Arms arcade
and also at local book shops, hotel
boutiques, and duty-free shops.
The map and guide book are
indispensable tools for all visitors
to the Seychelles to have in their
pockets, so that they are very
well-informed at all times, thus
optimizing their most precious
holiday time!
Eturbo News
Rwanda will be looking forward to
promote its exports during the Africa-
Singapore business forum next
month.
Rwanda will take advantage of
the forthcoming Africa Singapore
Business Forum to foster trade
partnerships with Singapore
investors.The country has been
invited to take part in a one-day
meeting due to take place on August
27 in Singapore, Geoffrey Kamanzi,
the Private Sector Federation (PSF)
head of trade negotiations and
facilitation, has said.
Kamanzi said the meeting aims
at sharpening dialogue skills and
will deliver first hand insights from
practitioners in Africa and Asia. It is
being organised by the International
Enterprise Singapore.The forum will
also recognise the intense global
competition for Africa and Rwanda in
particular and the growing influence
of private sector, Kamanzi added.
Sources at the Private Sector
Federation indicated that both
countries are expected to sign trade
deals to facilitate bilateral trade.
Investors from Rwanda will also
use the platform to network and
share best business practices with
their counterparts from the Singapore
Business Federation.
“We are mobilising our members,
especially from agri –business
industry, food processing, transport
and logistics, oil and gas, mining,
retail business and manufacturing
to take part in the business forum
and share their experience with
international firms,” Kamanzi told
Business Times.
Investors from Singapore,
including Vector Scorecard, a
renowned small-and-medium
software and applications developer,
have already expressed interest in
investing in the country, the Rwanda
High Commission in Singapore, said
in a statement.“They have made a
detailed presentation to me on how
they think they can support in SME
development in Rwanda. They wanted
either private sector or Rwanda
Development Board to front their
initiative in Rwanda. We, therefore,
look forward to the Rwandan
team that will be in Singapore to
discuss this initiative further,” said
Lukas Murenzi, the in charge of the
commercial section at the Rwandan
High Commission in Singapore.
Co-operation between Rwanda
and Singapore has focused more on
public sector capacity building for the
last few years.
The business forum could be
a gateway for the private sector to
strengthen the commercial aspect
of bilateral relationships that exist
between the two countries.
The Rwandan high commission
in Singapore has organised three
days of business to business
meetings besides the conference for
Rwanda delegation and investors
from Singapore which could result
into business joint ventures between
the two sides.
New Times
President of Senegal, Macky sall with Prime Minister of Senegal, Mahammed
Boun Abdallah Dionne

mONDAY | JUly 14, 2014

4. M
ozambique is a country
in Southeast Africa
encircled by the Indian
Ocean to the east, Tanzania to the
north, Malawi and Zambia to the
northwest, Zimbabwe to the west,
and Swaziland and South Africa to
the southwest. It is detached from
Madagascar by the Mozambique
Channel to the east.
Mozambique is gifted with
rich and extensive natural
resources. The country's
economy is based largely on
agriculture, but industry, mainly
food and beverages, chemical
manufacturing, aluminum and
petroleum production, is growing.
The country's tourism sector
is also growing. South Africa
is Mozambique's main trading
partner and source of foreign
direct investment. Mozambique
is a member of the African Union,
Commonwealth of Nations,
the Community of Portuguese
Language Countries, the Latin
Union, Organization of Islamic
Cooperation and Southern African
Development Community and an
observer at La Francophonie.
Flourishing Economy
Mozambique's economy
continued to be one of the
most vibrant on the continent
in 2013, with a 7% rate of real
gross domestic product (GDP)
growth. The key drivers of growth
are foreign direct investment
(FDI), dedicated mostly on the
extractive sector, and growing
public expenditure. The fastest
growing sectors in 2013 were
the extractive sector, driven by
a boost in coal exports, and the
financial sector powered by credit
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expansion and amplified income,
mostly positioned on urban areas.
Other dynamic sectors are
construction, services, and
transport and communication,
generally connected with
infrastructure development and
very large-scale projects, known
in Mozambique as mega-projects.
The agriculture sector, employing
70% of the population, lacks
the same economic dynamism,
although it is growing at above
4%. Assuming a stable political
environment, forecasts are
positive for 2014 and 2015, with
growth forecast to remain above
8%, supported by increased coal
production, continued public
investment and the forecast start
of the introductory work for the
multi-billion dollar liquefied
natural gas (LNG) plant.
The country economic latent
for enticing investment in agro-
industry, agriculture, tourism,
fishing and mining is massive.
Projects such as Mozal, the Cahora
Bassa Dam, Railway and Port
Corridors and Tourism Facilities
throughout the country have been
adding meaningfully in placing
Mozambique in the course of
major regional and international
investments.
Mozambique
AT A GLANCE
Country Official Name: Republic
of Mozambique
Head of State: President of the
Republic, H.E. Mr. Armando
Emílio Guebuza
Capital: Maputo
Date of Independence: June
25, 1975
Religions: Christian, Islam and
others
Government: Unitary Presidential
Constitutional Republic
Total Area: 799.380 sq km
GDP: USD 15.355 Billion
Inflation Rate: 2.1%
Population: 23.4 Million
Language: Portuguese
Export Items: Aluminum, Prawns,
Cashews, Cotton, Sugar, Citrus,
Timber, Bulk Electricity
Import items: Machinery and
Equipment, Vehicles, Fuel,
Chemicals, Metal Products, Food
Stuffs, Textiles
Climate: Tropical to sub-tropical
climate, with annual average
temperature of 25ºC, and ample
rainfall 6cm – 16cm, fertile soils.
Main Economic Sectors:
Agriculture Agro Industry,
Transport Communication,
Mineral Resources Energy,
Infrastructure Construction,
Tourism Hospitality.
Time Zone: CAT or (UTC+2)
Currency: Mozambican Metical
(MZN)
Exports:$3.469 billion
Imports:$6.167 billion
Agriculture/ Agro
processing Sector
Agriculture is one of the crucial
sectors of Mozambique’s economy.
Itslatentishighmostlyinthefertile
northern regions. The significant
cash crops in Mozambique
include sugar, tobacco copra,
cashew nuts, tea and cotton. The
government heartens farmers to
produce industrially convertible
crops, such as jatropha and cane
to be used in biodiesel. Several
companies are by this time
implementing such projects. The
production of cereals and seeds
are currently a top priority in the
country. Food processing and
nutrition constitute a vigorous
challenge for the agricultural
sector in Mozambique.
Fisheries Sector
Mozambique is a country with
countless fishing potentialities,
derived from its coastal location,
with a length of 2.750 kilometers
and 200 miles off the coast of
Exclusive Economic Zone (EEZ)
constituting 586,000 km of surface
of ocean water masses, having a
diversity of fishery resources. A
great area of opportunity is the
formation of processing industry.
Additionally, there are few
aquaculture firms, which have
the potential of generating great
revenues.
Industrial fishing and semi-
industrial are the sub-sectors
involved in commercial fishing
activities, whose production is
mostly for the export market.
Though, it is vital to note that the
development strategy for the sub-
sector of Artisanal Fisheries and
Aquaculture targets to increase
production in these subsectors
and create devices to add value
to these products so that they
access the international market
as well as expand supply to the
internal market, contributing to
food security and nutrition of
populations and improved living
conditions.
Industry/ Manufacture
Sector
The Major industrial units
are located in the main corridors
of Mozambique: Maputo, Beira
and Nacala. In the last 10 years,
a total of 130 new small and
medium-sized units opened in
the whole country, providing
125,000 jobs, mostly in the sectors
of agro-industry, engineering
and furniture. The textile and
clothing sectors are a primacy
in government’s strategy in the
creation of work opportunities.
The government is inspiring
the companies to use the
cotton produced locally to
manufacture fabric. Under the
same strategy, industries that
settle in Mozambique obtain a full
exemption from paying company
taxation (IRPC) for 10 years and
50% in the subsequent 5 years.
Mining Sector
The mining sector of
Mozambique holds great latent.
Thecountryisaforemostelectricity
producer and an exporter of coal.
Numerous foreign companies
which hold exploration licenses
for oil and gas and minerals, such
as titanium, uranium and gold, are
searching in the mineral-rich Tete
and Sofala provinces.
Mozambique attracts part of
the FDI inflows into Africa for the
following reasons:
1. Political stability and the
confidence of foreign investors
in the country’s governance
system.
2. The existence not only
of a national market but
also of a regional (SADC)
and international market
(Mozambique is a member of the
WTO and of other multilateral
organizations and countries
with which it trades)
3. The accessibility of resources,
both natural and human,
in addition to the relative
abundance of the factor “land”.
4. The evidently defined
macroeconomic policies that
have backed to the auspicious
economic growth of recent
years.
Mozambique
The Most Dynamic
Country in Africa
MONDAY | JUly 14, 2014

5. V
odafoneGhanahasappointed
Agnes Emefa Essah as its
new Chief Marketing Officer
effective 2nd July, 2014. She
replaces Uche Ofodile.
In her new role, Agnes will
be responsible for the delivery of
innovative products and exciting
campaigns that will enhance
Vodafone's brand value and
increase its market share.
Before joining Vodafone,
Agnes was the Marketing and
Innovation Director at Guinness
Ghana Breweries Limited, a
subsidiary of Diageo Plc, where
she was responsible for business
strategy, innovation and brand
building.
Under her leadership,
Guinness Ghana introduced a
number of exciting campaigns and
pioneering products. Agnes also
held various leadership positions
in Ghana, the United Kingdom
and Namibia while serving with
Diageo and was a member of the
Board of Directors of Guinness
Ghana Breweries Ltd.
Commenting on her
appointment, the Chief Executive
Officer (CEO) of Vodafone Ghana,
Haris Broumidis said: 'Agnes
BusinessBuzz 05
Vodafone Gets New CMO Entrepreneurs tipped on
business laws
T
he ease of doing business
in Rwanda could further
improve thanks to
the ongoing business laws
awareness campaign by Rwanda
Development Board.
The on going campaign seeks
to boost and create awareness
on some of the country’s most
important business laws such
as the company act, intellectual
property, mortgage law,
insolvency law, trademarks and
the law governing intellectual
property.
The move is expected to
further improve the ease of doing
business in the country, enhance
efficiency on how businesses are
managed and spur growth of the
small and medium enterprises,
Dr. Eliable Muhawenimana, the
Investment Climate facility for
Africa project coordinator at
Rwanda Development Board said.
The country wide exercise
due to end this month has
already benefited business chief
executives and entrepreneurs
across the country and is expected
to continue in the districts of
Huye, Kigali, Gisagara, Nyarugugu
and Nyamagabe and many others
across the country by the end of
the month.
“The idea is to drive total
compliance, giving entrepreneurs
skills that will keep their
businesses afloat which enhance
effective business management
systems. We are telling those
innovative entrepreneurs to know
that it’s important to register their
intellectualproperty,”TonyOmara,
the Managing Director, Brand
Revolution, a communication
and consultancy firm tusked to
conduct this campaign across the
country told The New Times.
The World Bank doing
business report 2014 ranked the
country’s business environment
second best in Africa and 32nd
globally.
The report was based on
the ease of doing business and
the number of business reforms
conducted in the country over the
period of twelve months.
A welcome move
Ruth Umurerwa, a retail
business operator in Rubavu
district said that equipping
business operators with basic
knowledge on laws that govern
their day to day life experience will
contribute to general economic
transformation across the country.
“Its very important, because
this is our daily life, therefore
understanding how we can
take advantage of the laws is an
economic gain for every one along
the value chain.”
New Times
brings an impressive depth of
marketing experience and we are
pleased to have her join us. Her
invaluable skills will be beneficial
to Vodafone as we continue to lead
innovation in the industry and
provide Ghanaians with the best
telecommunications products and
service.'
Over the last two decades,
Agnes has managed top brands
including Guinness, Malta
Guinness, Alvaro, and Premium
Spirits including Johnnie Walker,
Baileys, Ciroc, as well as Smirnoff
Ice, Heineken, and Mobitel, now
Tigo. She has a management style
that produced an outstanding
achievement in the field of
marketing and innovation.
Agnes was awarded
'Marketing Practitioner of the year
2012' by the Chartered Institute
of Marketing Ghana (CIMG) for
her marketing excellence and
leadership.
The new Vodafone CMO
holds a Masters in Business
AdministrationfromtheUniversity
of Ghana Business School and a
Bachelor of Arts degree from the
University of Ghana.
AfDB
After having visited the Praslin
business community and heard their
many concerns, the Chairman of the
Seychelles Chamber of Commerce said
he was pleased to hear this week of the
launching of the Praslin Culinary and Arts
Fiesta to be organised by the Ministry of
Tourism and Culture. The fiesta which
is due to take place from the 5th to
the 7th of September 2014 has been
well received by the chamber and its
members especially those operating on
Praslin.
“This event comes at a fitting time,
when the Praslin business community
are appealing to the Government to
listen to their many concerns they have
expressed which are affecting their
business operations, of which one of it
were the fact that they are not benefitting
from the tourism as much as the business
from Mahe given their many challenges.”
Says Mr. Marco Francis, Chairman of the
Seychelles Chamber of commerce and
industry.
Mr. Francis explained that the SCCI
members from Praslin, especially
those in the hospitality business are
commending the ministry of Tourism and
Culture for such initiative and expressed
their support in making the first one a
success.
It is the first time that Seychelles
will be using its coco-de-mer nut in an
innovative way to entice visitors on the
island. This event will put the island of
Praslin in the forefront. For this reason
the private sector from Praslin has
pledged their support towards the event
as they believed it will help to bring the
much needed visibility for the island and
hopefully help raise the profile of Praslin
to what it used to be once upon a time.
SCCI
SCCI commends
the organisers of the
new Praslin Culinary
and Art fiesta for Their
Initiative
mONDAY | JUly 14, 2014

6. T
he Board of Governors of the African
Development Bank Group (AfDB) through its
private window has approved a US $9 million
line of credit (LOC) equivalent in Mozambique metica
(MZN) to Moza Banco.
Moza Banco S.A. is one of Mozambique’s fastest-
growing financial institutions with strong focus on
SMEs. Moza Banco is actively present in almost all of
Mozambique’s 11 provinces with business including
(i) corporate, (ii) SMEs and (iii) retail.
The LOC will upkeep SME sub-projects and these
are well- branched out spanning all economic sectors
counting manufacturing, commerce/trade, services,
tourism, construction, agriculture and transport, etc.
Small and Medium sized Enterprises (SMEs)
are indispensable to budding African employment
and GDP. No doubt, SMEs are the best candidates to
attain inclusive growth in Africa as they contribute
notably to income generation and job creation. Small
scale industry typically makes a large contribution to
manufacturing employment in developing countries
and the approaches of developing small scale
industries include building skills and promoting
technological development for fast and improved
operation, which India is ready to share with the
African continent.
Furthermore, concentration in SME’s also
seems to have been further revitalized in the face
of globalization, which is progressively becoming a
commanding force in world trade because of their
suppleness and quick flexibility to change. As Africa
moves towards more rapid industrialization, there is a
growing recognition that SME offer significant avenues
for supporting industrialization and generating
employment.
Development of SMEs in Africa would widely held
rewards in income growth, entrepreneurial training,
creation of technological capabilities, greater flexibility
for changing market circumstances and job creation.
At present, Africa presents a unique business
environment offering both challenges and
opportunities. Indian companies with its deep industry
knowledge and expertise can equip the targeted
people with the skills and the insights that will enable
them operate their business more strategically and
profitably in Africa. It will further furnish them with
the traits of successful entrepreneurs. Africa can then
prosper with knowledge, skills, insight and ideas.
In high-income countries, SMEs signify a high share
of economic activity, a large share of employment,
and carry informal business activity into the formal
economy. Hitherto, a severe lack of financing is limiting
the ability of African SMEs to cultivate and attain pace.
Present estimations put the SME finance gap at
$80bn across Africa. A big trouble to be sure, but it
is tough to visualise another economic development
‘problem’ that offers such a striking commercial return
to those who can deliver a solution.
The major populace in Africa which lives in the
rural areas is also being commissioned by banks
financial institutions by making finance accessible to
those micro entrepreneurs in assisting them start their
FRANKLY SPEAKING06
Miles Sampa
Deputy Minister,
Zambian Commerce,
Trade and Industry
Laurent Serge
ETOUNDI
SME Minister,
Cameroon
By kirit sobti,
editor, iat
editor@indoafricatimes.com
Zambia is booming and mostly through
its SMEs, but in the recent past the
scenario of this was witnessed to be
deteriorating. But, Zambians have
recently got the new air of relief as
the small and medium enterprises
in Zambia are to profit from a new
source of financing. South Africa’s
micro financier, Business Partners
International (BPI) established in
2004 as a subsidiary of Business
Partners Limited launched a branch in
the African nation and have set aside
US$10 million for loans to small and
medium enterprises.
During the launch, BPI Africa’s
Managing Director, Nazeem Martin
asserted, “The organisation has put up
US$30 million under the BPI southern
Africa SME Fund to Malawi, Namibia
and Zambia.” He added, “We are
launching the Zambia office subsequent
to our Namibia office launch last
week and hopefully we will be able to
takeoff the Malawi office next month.
The US$30 million investment fund
for these countries is coming with a
parallel to US$1 million as technical
assistance facility.” Worth mentioning,
the technical investors comprise of
International Finance Corporation, the
African Development Bank, Stichting
DOEN and FMO of Netherlands,
Propacro of France and Business
Partners.
In the same vein, the Zambian
Commerce, Trade and Industry Deputy
Minister Miles Sampa also urged
that the SMEs in Zambia needs to
increase their performance in regard
to safeguard quality and benefit from
the funding. He also quoted that the
upcoming BPI Zambia, SMEs should
take benefit of the regional trust fund
and access these funds available with a
pay-back term of five to ten years. The
organization has been set up in Malawi,
Kenya, Rwanda, Namibia, and Zambia.
own business. Banks, Financial Institutions, Private
Equity Firms and NGOs across Africa are heartening
entrepreneurs to come up with pioneering business
ideas and discover opportunities in introducing a
business startup. With reference to various financing
initiatives, African Development Bank delivers
guarantees to SME’s projects.
While this may appear to be a frightening
challenge, the possibility of the problem may be
more controllable than it first appears. The key to
unravelling the funding gap is to comprehend its key
drivers and then implement targeted solutions for
this discrete, but attractive market.
Banks say that SMEs need to be much tighter in
their management and financial functions, and they
need to be more informed about the loan application
process. And SMEs in many areas do not seem to
fully hold the scope of the challenge.
According to SMEs, bank lending practices need
upgrading too, in areas like lower interest rates and
longer loan terms. They conceive that many bank
credit staff are not well-versed in how business
cycles impact cash flow, that collateral requirements
can be scary, and that banks do not take time
to appreciate the single challenges of individual
businesses.
Once we classify key grounds of the funding
gap, solutions seem within reach as long as both
sides come together in a deliberate effort to fix the
problem. A critical first step is to unlock commercial
debt from Africa’s own banks, by prioritizing SME
finance and launching targeted initiatives “down
market” that engage this sector. Though we may also
need new models of financial institutions specifically
focused on this segment—e.g., more resources for
underfunded microfinance banks so they can go
“up-market” to close the funding gap.
Insurers also need to get involved: educating
business owners, providing assistance in obtaining
insurance, and designing policies for this market that
shore up coverage gaps and help businesses qualify
for credit. Accounting and auditing firms should also
be throwing custom-made and reasonable service
offerings to this segment, to help SMEs meet banks’
necessities for formalized financial functions.
In the nutshell we can say that the role of SME’s
is without doubt the foundation for the growth and
expansion of Africa and should be undertaken in
partnership with African governments, international
donors, private sectors and the Diaspora itself.
They cannot work in isolation of each other and as
such all have a mutual role to play in the sustained
economic reform and transformation of Africa. This
sector is ideally suited to build on the strengths of
the traditional skills and knowledge, by infusion
of technologies, capital and innovative marketing
practices. Small and Medium Enterprises today
constitute a very important segment of the African
economy. It has emerged as a dynamic and vibrant
sector. With the help from India this sector of Africa
can achieve a wide measure of industrial growth and
diversification.
The role that SMEs play
in our economy cannot be
overlooked. They are a major
contributor to development
and I urge them to step up
their gear to start thinking
big so that they can become
recognised in Africa.
Today, the role of SMEs in
enhancing economic growth
is acknowledged worldwide. In
emerging countries, SMEs are
very competitive. Governments
therefore intensify efforts like the
creation of this bank to render
the SMEs more performance
and competitiveness but this
must be accompanied by
well-defined rules.
Is lack of financing
limiting the capability of
African SMEs to grow?
With reference
to various
financing
initiatives,
African
Development
Bank delivers
guarantees to
SME’s projects.
US$10million to
Finance Zambian
SMEs
MONDAY | JUly 14, 2014

7. TRAVELtourism 07
H
ere tourists will discover the African
Great Lake of Lake Malawi in the Great
Rift Valley system, projected to be
between 40,000 and two million years old. It
is the third largest and second deepest lake
in Africa and occupies a fifth of Malawi with
its vibrant tropical waters pouring with more
fish species than any other lake on Earth.
Adjoining the lake is Lake Malawi National
Park, the world’s first freshwater national
park and a World Heritage Site. Innumerable
thousands of freshwater fish, the mbuna, are
more lavish and diverse here than anywhere
else in the world. Boats can be rented and the
fish feed right from one’s hand.
Away from the lake, there are baboons,
antelope, and hyrax, as well as almighty
birdlife, and the lake this extends boundless
opportunities for sporting activities like
kayaking, snorkeling, and scuba-diving. The
lake encompasses a number of small islands,
all located in “Areas of Outstanding Natural
Beauty,” and even though well-preserved in
their natural state, some of them have been
settled for eco-tourism.
Malawi’s largest park, Nyika National Park,
has got to be one of the most outstanding
destinations in Africa. It is a heaven of flowers,
counting ground orchids, proteas, irises, and
is home to vast herds of eland, the largest of
the antelope. Horseback safaris are untaken
here, and there is no ecstasy like that of riding
MalawiA Place of Spectacular Natural Exquisiteness
» Malawi is known as “The Warm
Heart of Africa”.
» Lake Malawi is the ninth largest
lake in the world.
» Malawi is a Twitcher’s paradise.
» Malawi is about half the size of
the United Kingdom and one fifth
is covered by Lake Malawi.
» ‘Matolas’ (single-cab pick-up
trucks) are the main modes of
public transport in Malawi.
through a ruck of zebra or roan antelope.
The eastern edge of the plateau takes
form of the wall of the Great Rift Valley where
visitors could hire a mountain bike or hike
all the way down to Livingstonia, which is
the best way to apprise Nyika’s scale without
overlooking its delicate detail. Positioned
within a cluster of timbered hills high up
against the plateau of central Malawi is the
richest concentration of Chongoni rock art in
Central Africa. This tradition of farmer rock
art, as well as paintings by BaTwa hunter-
gatherers who occupied the area from the
late Stone Age can be found in where Chewa
agriculturalists’ ancestors lived here from the
late Iron Age and practiced rock painting well
into the 20th century.
Resting east of Blantyre are the
unembellished rock flanks of the mountain
tower known as Mount Mulanje. There is a
great deal of wildlife, from the klipspringer a
tiny antelope to various other small mammals
and, of course, a large variety of birds.
Visitors can drive around the entire foot of
the mountain in a day or experience it more
closely by climbing and camping on the slopes,
taking moderately gentle walks or attempting
some more demanding climbs. Camping
equipment and the services of a guide can also
be hired.
Lake Malawi
Nyika National Park
RiftValley
mONDAY | JUly 14, 2014

8. TALKINGTECHNOLOGY08
By Shalish Kumar
O
ften when potential
importers are duly
satisfied with the product,
quality, sample sent for approval
or lab analysis, packing, delivery
schedule and prices acceptable.
They request for a firm offer from
the exporters.
What do most exporters
provide their prospective buyers?
Offer quotation indicating
price, quantity and cost of
transportation? Other terms
like, Mode of payment, product
availability, shipping instructions
and service charges? Terms of sale,
description and delivery time?
Yes, but this is not enough
information for importers to make
a buying decision. To make life
easier for buyers, exporters should
always quote using a carefully
prepared Performa invoice.
It is a common for most
exporters to provide their buyers
with limited information when
asked for a quotation. This lack of
details and accurate information
by exporters is probably a major
factor why products with good
quality and competitive prices do
not get sold.
Whether you are the exporter
or the importer, it is quite
critical that you understand how
successful exporters quote buyers
usingproformainvoice.Youshould
be able to clearly distinguish the
differences between quotation,
Performa invoice and commercial
invoice. The following brief
descriptions are intended to help
you understand their differences
and to provide you with all the
items that you should include in
a Performa invoice plus the areas
that you have to consider when
completing a commercial invoice.
Quotations
A worksheet for calculating
export costs to sell goods or
services at a stated price and under
specific conditions, the quotation
is generally presented to the buyer
in a formal way using a Performa
invoice. A quotation may include
all the contents that appear in a
typical pro forma invoice except:-
(1)Country of origin of product
and
(2)the title Performa invoice.
Performa Invoice
A price quotation prepared
in the form of an invoice, a
Performa invoice, is different from
commercial invoices. It is used to
create a sale and is sent in advance
of the commercial invoice. The
content of a Performa invoice is
almost identical to a commercial
invoice and is usually considered
a binding agreement although the
price might change in advance of
the final sale.
For establishment of LC or for
advance payment by the importer
through his bank, usually banks
prefer Performa invoice to a
quotation.
In some countries, the US for
example, Customs may accept a
Performainvoice(generatedbythe
US importer and not the exporter)
if the required commercial invoice
is not available at the time when
filing entry documents (entry - the
process of filing documents with
US Customs at the port of entry to
get goods released from Customs).
U.S. Customs may use a pro forma
invoice to assess duty and examine
goods. The importer on record
however, is required to post a
bond and produce a commercial
invoice within 120 days from
the date of entry. If the required
commercial invoice is needed for
statistical purposes the importer
has to produce the commercial
invoice within 50 days from the
date Customs releases the goods
to the importer. Here are some
reasons why pro forma invoices
are widely used in international
transactions:
Considered as a binding
agreement between exporter
and importer. May be required
by somecountries as part of their
import licensing procedures.
Bankers and financial institutions
use proforma invoices to open
lettersofcredit,advancepayments,
etc., for importers.
Easily recognized due to
their similarity to commercial
invoices. Pro forma invoice format
encourages exporters to include
all the information that shall
appear in the commercial invoice.
Keep the following points in
mind when your company is asked
to produce a proforma invoice:
» The title of the document
should clearly say Pro Forma
Invoice.
» Exporter's name, address,
telephone number and e-mail
address.
» Sold to name, address,
telephone number and e-mail
address.
» Pro forma invoice reference
number.
» Date issued. The date of the pro
forma invoice is the date of the
quotation.
» Customers Inquiry reference
number or purchase order
number, if available.
» Terms of payment (letter of
credit, documentary collection,
pre-payment, T/T, open
account etc.).
» Exporters banking details for
advising /negotiating LC or
SWIFT code details for Wire
Transfer.
» Estimated date of shipment.
» If more than one product,
numbereachproductbeginning
with number 1.
» Type of Delivery shipment :
Full in one lot or partial.
» Indicate Transshipment if any,
» Quantity shipped per lot.
» Full product description,
include the Harmonized
Schedule (HS) code if available.
» Indicate clearly currency used
(USD, Euro, Yen etc.).
» Unit pricing should be included.
» Unit pricing should be extended
by the quantities quoted to
form the line item total.
» Any additional supplies-
provided services should be
itemized and should be added
to reach a grand total.
» Terms of sale using latest
INCOTERMS (FOB, CIF, CFR,
DDU etc.- named port or
destination).
» Identify the number of unit
measure, weight, case, pallets,
box, etc.,
» The country of origin of the
product.
» Cost of any additional
documents, inspection,
legalization, etc., to be borne by
the importer or exporter.
» Validity period, never make
open-ended commitments
remember that the validity date
can be changed.
» Must be signed and title to be
included.
» Column for Acceptance with
Signature, title of the buyer
to be incorporated in PI or
covering letter.
Remember that pro forma
invoices are formal offers to sell.
When the buyers agree with all
the terms and conditions of the
pro forma invoice the result is a
purchase order sent by the buyer,
which finally leads to a sales
contract that is, if the buyer and
the exporter agree to have a formal
sales contract. The pro forma and
purchase order must be compared
before goods are shipped to check
for discrepancies. Should there be
a discrepancy, the buyer should be
promptly notified to correct any
errors.
Commercial Invoice
Prepared after the sale takes
place,thecommercialinvoiceisthe
final bill from the exporter to the
buyer that conforms in all respects
to the agreement. It could have
the exact terms of the pro forma
invoice first offered, or it could
differ in those terms that were
the result of final negotiations.
Commercial invoices are also used
by governments to determine the
true value of goods for assessing
Customs duties, examining
goods and gathering statistics.
Additionally, many countries use
commercial invoices to control
imports. It is critical for the
exporter to check with the buyer
the type of information that must
be included in the commercial
invoice in order to clear Customs
in the buyer's country. Here are
few key areas to consider when
producing a commercial invoice.
Should be prepared in the
manner customary to trade.
Most countries require that a
commercial invoice must be filed
for each shipment. It must be
original although some countries
accept photo copies with a
declaration by foreign suppliers,
shippers or importers verifying
that it is a true copy. When an
invoice is not available some
countries accept a pro forma
invoice with information adequate
to assess duty, examine goods and
collect statistics. Some countries
may require a special Customs
Invoice - US for example, waived
Customs Invoices in March 1, 1982.
Common Invoicing
Mistakes by Exporters
The following are a few of the
many common invoicing mistakes
that are often made by exporters.
Any of the following mistakes may
cause delay, crippling penalties
or total seizure of products by
Customs officials.
» Under invoicing, declaring less
than the actual value of goods.
» Vague descriptions.
» Several distinct articles lumped
as one.
» Supplier does not show the
discounted invoice at the net
price.
» Omission of royalties,
commissions, packaging and
other dutiable additions that
make up market value.
» Transportation and insurance
charges not itemized separately
(some countries do not assess
duty on transportation and
insurance charges).
» Pertinent information missing
and lines left blank.
» Missing country of origin.
» Invoices not signed by supplier
or supplier's agent.
» Calculation mistakes in words
and figures.
Remember, at a minimum,
an invoice must always clearly
show the total invoice value, non
dutiable charges, add to make
market value (if dutiable), and net
entered value of the merchandise
imported.
By carefully preparing a pro
forma invoice, the exporter can
increase the chances of the offer
to sell to be accepted by the
buyer and eventually increase
the exporter's sales and profit.
Because the pro forma invoice
is the first document the buyer
receives from the exporter, there
is a psychological advantage in
laying everything out, since the
easiest thing for the buyer to do is
to accept the proposed offer. Help
your buyer to accept your offer by
providing a thoroughly prepared
pro forma invoice.
About the author:
CEO of World Trade
Connections.Heisaconsultantand
a trainer in the field of Exports and
Import since 1984. He has wide
experience in international trade
especially “Marketing of products”
Traveled extensively in major part
of the world and has successfully
offered assured business to
numerous manufacturers, Joint
Ventures, Technology Transfers
etc., He is invited and associated
with numerous Local Trade
Bodies, Chamber of Commerce,
Educational and training institutes
imparting training in the field of
Export Import. His practical
approach and lucid style of
presentation endears him to the
participants instantly.
2nd Floor, B-166, Shrenikpark, Opp. Akota Stadium,
Productivity Road, Vadodara-390020[ Guj.] India.
Telefax: +91 265 2342145/9824067098/9925292092
Email: wtcindia@gmail.com
Website: www.worldtradeconnections.co.in
HAPPY
EXPORTING
MONDAY | JUly 14, 2014

9. TRYSOMETHINGNEW 09
Ingredients
• 2 cups Gram flour (besan) sieved
• Yogurt beaten1 cup
• Salt to taste
• Turmeric powder 1/2 teaspoon
• Green chili-ginger paste
• 1 teaspoon Oil
• 2 tablespoons Lemon juice
• 1 tablespoon Soda bicarbonate
• 1 teaspoon Mustard seeds
• 2 tablespoons coriander leaves chopped
• 1/2 cup Coconut scraped
Prepration Method
1. Take gram flour in a bowl. Add yogurt and
approximately one cup of warm water and mix.
Avoid lumps. Add salt and mix again.
International
Conference on Business
Management and
Information Technology
This is organized by the World
Academic Industry Research
Collaboration Organization. The
conference will cover areas like
Web Application And Web Service,
Computer Science And Engineering,
Information Technology And
Computer Education, Other Topics
Related To Ict And Its Applications.
Date: 17-18 Jul 2014
Venue: The Fern Citadel Hotel, Bangalore,
India
Green Power-Chennai
Green Power-Chennai is entering
its 9th edition of the session. This
is one of the biggest exhibition
cum conference for renewable
energy technologies sector in India
for 2 days the exposition is being
organized by Confederation of
Indian Industry.
Date: 17-18 Jul 2014
Venue: Chennai Trade Convention Centre,
Chennai, India
India International
Jewellery Show
Over the years, this show is the
most visited jewelry show which
demonstrates the best and
exclusive range of jewelry items.
The organizers have announced
this international jewelry show
scheduled to be held at Bombay
Exhibition Center, Mumbai. The
exhibitors come face to face with
the rival companies as well as also
come to know about the intensity of
the competition in the market. The
show is categorized amongst the
leading antique show which will
surely satisfy the requirements of
the global customers.
Date: 17-21 Jul 2014
Venue: Bombay Convention Exhibition
Centre, Mumbai, India
Hospitality Expo
Hospitality Expo is a 3 day event
being held from 4th August to the
6th August 2014 at the Gujarat
University Convention Exhibition
Center in Ahmedabad, India. This
event showcases products like
commercial kitchen equipment,
cutlery and table products,
hospitality technology, furniture
and fit out solutions, commercial
refrigeration equipment, fb service
products, glass and glassware, bar,
wine accessories and equipment,
commercial coffee machines,
lighting and controls, furniture
furnishing, bathroom fittings, hotel
POS machines, EPRS systems,
accounting systems, dry cleaning
machines and cleaning solutions
etc. in the Business Services, Food
Beverage industries.
Date: 04-06 Aug 2014
Venue: Gujarat University Convention
Exhibition, Ahmedabad, India
Catering Expo
This event showcases products
like cutlery and d table products,
fb service products, glass and
glassware, commercial coffee
machines, food and drink vending
solutions, fast food kitchen
equipment, food decoration
products, food display equipment,
food ingredients, ready to eat food,
packed food, flavors, milk and dairy
products, health food products,
sweets snacks and confectionery
products, fresh food products,
fruit and vegetable products, food
additives and ingredients, hollow
ware, glassware, chinaware,
crystalline ware porcelain, mini
bars and cutlery crockery etc. in
the Business Services, Food
Beverage industries.
Date: 04-06 Aug 2014
Venue: Gujarat University Convention
Exhibition, Ahmedabad, India
upcoming
Nothing is impossible; The word itself says I’m possible
THOUGHT OF
THE WEEK
Khaman Dhokhla
African Cuisine
Handy Hindi
2. Leave it aside to ferment for three to four hours.
When gram flour mixture has fermented, add
turmeric powder and green chili-ginger paste.
Mix Heat the steamer. Grease a thali (plate)
3. In a small bowl take lemon juice, soda
bicarbonate, one teaspoon of oil and mix. Add
it to the batter and whisk briskly. Pour batter
into the greased thali (plate) and place it in the
steamer.
4. Cover with the lid and steam for ten minutes.
When a little cool, cut into squares and keep in
a serving bowl/plate.
5. Heat remaining oil in a small pan. Add mustard
seeds. When the seeds begin to crackle,
remove and pour over the dhoklas.
6. Serve, garnished with chopped coriander leaves
and scraped coconut.
Find The Path
1. I missed you so much!
मुझे आपकी बहुत याद आयी।
2. Can you help me?
कया आप मेरी मदद कर सकते
हैं ?
3. Where do you live?
आप कहाँ रहते हैं?
4. How old are you?
आपकी उमर कया है?
picture of the week
The Union Minister for Finance, Corporate Affairs and Defence, Shri Arun Jaitley giving final touches to the General
Budget 2014-15, in New Delhi on July 09, 2014. The Minister of State for Commerce Industry (Independent Charge),
Finance and Corporate Affairs, Smt. Nirmala Sitharaman and the Secretaries of the Ministry are also seen

WARM
LEMON WATER
BENEFITS OF
DRINKING
» Lemon is an excellent and
rich source of vitamin C, an
essential nutrient that protects
the body against immune
system deficiencies.
» It balances maintain the pH
levels in the body.
» It is also a great source citric
acid, potassium, calcium,
phosphorus and magnesium.
» It helps cure the common
cold.
» It strengthens the liver by
providing energy
to the liver
enzymes
when they
are too dilute.
South Africa is larger than
Germany, France and Italy
combined. The country
has more wild species
than the whole of North
and, South America,
Europe and Asia together.
End
Start
1. What bone has a sense of humor?
2. Where do fish keep their money?
3. The more of them you take, the more you leave behind.
What are they?
4. What's full of holes but still holds water?
5. What two things you can never eat for breakfast?
6. What gets whiter the dirtier it gets?
Brain Teasers
ANSWERS
1. HUMUROUS
2. RIVERBANK
3. FOOTSTEPS
4. A SPONGE
5. LUNCH DINNER
6. A BLACKBOARD CHALKBOARD
mONDAY | JUly 14, 2014

10. THEFASHIONISTAS10
North Wings Band Grabs
New Music Ghana Prize
N
orth Wings Band last
week won the first prize
of the New Music Ghana
competition, which was held
at the Youth Home Centre in
the Northern regional capital,
Tamale.
The eight-piece band,
comprising youthful musicians,
swayed the judges with a
magnetic stagecraft, an effective
blending of traditional/western
musical instruments and
infectious lyrics that captured
the attention of the audience.
Clad colourful costumes, the
group entertained the audience
with a fine combination of
Bamaya, Gahu and Agbadza
with jazz and highlife, thereby
drawing huge cheers and
applause from the audience.
Trumpets, keyboards,
djembes from North Wings
created a cool atmosphere as
percussive instruments and
western drum sets pounded the
cold night air at the Youth Home
Centre.
Suhuyini, Yurlim, Young
Echoes and Bizung School Bands
In an interview, Ms. Njie said I
Am ready for Africa and my move
towards this is progressing steadily.
I haven't done any major productions
and I still have a lot to learn, and as
a university graduate I would say it
has prepared me both mentally and
physically to take on new challenges
ahead of me.
'Am an up-coming actress and
in view of this am willing to take
on different roles/personalities. I
want to gain as much experience
Sexy Gambian Actress Joanna
Njie to Visit Ghana ...
In Pursuit Of Her Acting Dreams
tookthesecond,third,fourthand
fifth positions respectively in the
keenly contested competition,
which has managed to serve as
a platform for young musicians
to promote themselves over
the past five years. All groups
received cash prizes totalling GH
¢3,000.00.
As part of the festival, B. A
Konlaan (Chairman, MUSIGA-
Northern Region), Dela Botri
(Flutist, Composer) and Abdul
Rahaman Mohammed (Dancer,
Choreographer) moderated a
numberofworkshopsonvarious
topics relating to marketing
and new ways of expressing
Ghanaian music.
New Music Ghana Festival
(NMGF) has succeeded in
bringing young and veteran
musicians together and has been
a catalyst for the re-emergence
of live band music.
Indeed, it has revitalised
a proud sense of cultural
identity among young Ghanaian
musicians.
NMGF also assists young
musicians to shape their
musical and social skills that are
necessary to ensure a smooth
transition into the professional
world. Undeniably, it has the
potential of becoming the
springboard that would launch
a new era of Ghana's popular
music on the global arena.
The festival, which was
organised by the Institute for
Music and Development, was
sponsored by the Goethe-
Institut in Accra in collaboration
with Arterial Network Ghana.
Modern Ghana
as possible in acting in Ghana
to make me more versatile as an
actress. Am determined to bring
fun, and hopefully inspire many
movie lovers in Africa and the
world at large' She added.
The actress said her hobbies
include, absolutely love for
shopping, dancing, singing and
socializing with friends. She also
loves travelling to new places
however she is scared of flying.
Modern Ghana
Braids are great for summer hair.
They're generally pretty easy to do,
they look good when they're messy
(see: a zillion celebrities), and they
keep you cool as a pony tail, but a
little more chicly.
Waterfall Braid
1) Prepare hair for braiding
2) Brush underneath the nape of the
neck to ensure no knots remain.
3) Part your hair in the middle.
4) Section off the top third of your
hair
5) Braid the hair toward the back of
your head in a French braid style
6) create that “waterfall” look.
7) Pick up a new strand of hair
located next to the strand you’ve
dropped to replace that strand.
8) Secure the braid with bobby pins
if needed.
9) Braid the remaining “tail” until you
run out of hair.
10) Decorate.
Messy Side Braid Bun
1) Make a side ponytail close to the
nape of the neck.
2) Split the hair into three sections.
3) Fishtail Braid each of the sections.
4) Pull out the folded pieces (the bits
that you bring over when plaiting)
on each side to double the size of
the plait.
5) Lastly, all you need to do is take
the 3 plaits and wrap them around
the bobble in an artistic sort of
way! Then fix them using kirby
grips, you might need quite a few
to adjust the shape to your liking.
Fishtail
1) Divide your hair into a side parting
and take the whole length of your
hair over to one side.
2) Begin by splitting the hair into two
sections.
3) Take a small piece of hair from
the outside of one of the two main
sections and bring it to the inside of
the opposite section.
4) Then take a small piece of hair from
the outside of the other section and
bring it to the inside of the opposite
section, then pull tight.
5) Keep taking small pieces from each
side into the inside of each section
to develop the inverted braided
pattern.
6) Keep going until you reach the end
and finish by tying the hair with a
clear elastic band.
7) Fishtail braids look best with a
slept-in look so tease the braid by
pulling out some strands for a more
textured look.
Classic French
1) Start by taking a section from
the top of the head. Separate this
section into 3 strands crossing
right over middle and then left over
middle.
2) Switch all of the strands over to
your left hand and keep strands
separated.
3) You can now gather a small even
section from the right side of the
head with your right hand and add it
to the right strand.
4) Bring the strand you have just
added to, over to the middle and
bring the middle strand to the right.
5) Now switch hands keeping all
strands separate, so your left hand
will be free.
6) Gather a section of hair from the left
side of the head. Add this to the left
strand.
7) You will now bring the left strand
over to the middle and bring the
middle section to the left. As you
follow these steps, try to keep your
hands close to the head so the braid
will be tight.
8) Repeat steps 2 and 3 until there is no
hair available to add.
Little Braid + PonyTail
1) Make a side part, then take a section
of hair from the front left side of your
part to your left temple.
2) Split this into three and weave
together to make a braid. Braid the
right over the centre, then the left
over the right and continue to braid
that section.
3) Stretch out the braid to make it look
thicker. Secure the end with a pin or
small elastic.
4) Gather all your hair into a ponytail
and secure with an elastic. Take the
pin or elastic off the first braid, now
it is tied in with the ponytail.
5) Take a small piece of hair and wrap it
around your hair elastic to cover it.
Braided updo
1) Leaving a section loose on either
side of your face, and gather the rest
of your hair back into a ponytail. Pull
gently at the top of your ponytail so
it’s not too tight.
2) Braid half of the hair on the left hand
side, and wrap it over your ponytail.
Repeat with the right hand side.
3. Braid the lower section of hair on the
left hand side and wrap over your
ponytail. Pin in place with a bobby
pin underneath your ponytail. Repeat
on the right hand side. Important:
Stretch out your braids! Pull at the
sides to make your hair look thicker
and fuller.
4. Loosely braid your ponytail and roll
it under to form a bun. Pin in place
with bobby pins.
Braided Updo Classi french Fish tail braid Messy side braid bun Waterfall braids
Gorgeous Braid Styles

Joanna Njie
MONDAY | JUly 14, 2014

11. SPORTS2WATCH 11
Team Ghana Gears Up… For
Glasgow Commonwealth Games
Ghana defender
John Pantsil signs
two-year deal with
PSL side Maritzburg
Women groups receive
annual savings
Obama's YALI
programme admits
18 Ghanaians
A
thletes who would be
representing Ghana at
the 20th Commonwealth
Games in Glasgow are peaking in
form ahead of the sports festival,
Joseph Yammin, former Deputy
Youth and Sports Minister, has
said.
The contingent, who would
be joined by the shooting team
later, is currently pitching
camp in Ayrshire, south-west of
Scotland, and would be there for
three weeks.
Hon Yammin, now deputy
Ashanti Regional Minister, is the
chairman of the Commonwealth
Committee, and he revealed in
The Alangtaaba Women's Group
in Aware done in Winkongo in
the Upper East Region made up
of 27 women received GH¢ 12,
750 from their annual savings
under the Savings and Internal
Lending Community (SILC).
The group was among twenty
seven women groups and one
male group constituting over
900 people to share out their
savings they accumulated in
one year to undertake income
generating activities and care for
their health needs.
The savings and internal
Lending Community (SILC)
was instituted in 2010 by
Catholic Relief Services (CRS),
the Community Maternal and
Child Care Services (CIMACS)
in collaboration with the Ghana
Health Service to promote and
improve maternal and child
births.
The annual durbar was
witnessed with pomp and
pageantry as the women
anticipated their share of savings
as savings boxes were opened.
Mrs. Evelyn Naaso, District
Director of Health Services of
the Ghana Health Services (GHS)
before the share-out reiterated
the important domestic roles
of women in providing good
nutrition for their homes
She recounted the roles of
SILC and CIMACS in improving
health of women and children
in the community and
congratulated them, the staff and
the chiefs for the support.
Mr. Robert Asambobillah,
Coordinator, CRS In an
interview with the Ghana News
Agency said the Savings and
internal Lending Community
Ghana defender John Paintsil has
signed a two-year contract with
South African club Maritzburg
United, GHANAaoccernet.com
can exclusively reveal.
The former Fulham man joins
the PSL club as a free agent
having completed his one-year
contract with lower tier club
Santos FC.
Paintsil concluded
negotiations and signed a two-
year contract to become the first
off-season signing of the Team of
Choice.
The experienced right-back
wants to prove himself once more
again at top flight level following
his brief stint in the South African
second tier with Santos.
He will be joining compatriot
Awal Mohammed at Maritzburg
United who finished 10th in the
South African League last season.
Paintsil is yet to be unveiled
and handed a squad number at
his new club.
Modern Ghana
The fellowship programme will
provide outstanding young leaders
with opportunity to hone their skills
at a US university, and support
their professional development
after they return home.
Assistant Secretary for African
Affairs, Linda Thomas-Greenfield
at LiveAtState Virtual news
Conference said the future of
Africa is in the hands of the youth.
'If you look at the statistics,
65 per cent of the population is
35 and under. That is a huge,
huge youth bulge, and it is that
population that will be the future of
Africa,' she said.
She said the Obama's
administration has made it a major
priority to help African countries
prepare for the future, 'to mentor
young people, to support them, to
train them to lead in the future'.
About 500 young people
are from Africa out of 50,000
applications received for the slots.
In all, there were about 80,000
who attempted while 30,000
did not get their applications
completed. The Ghanaians joining
their counterparts would receive
mentorship in entrepreneurship,
civil society and public service
and participate in the US - Africa
Leaders' Summit scheduled
for August 4 to August 6 where
President Obama will host 51
heads of state and government
from Africa for the first ever in
Washington.
Madam Thomas-Greenfield
said the first day of the conference,
will witness series of signature
events focusing on partnership
with Africa in the past. The second
day, she said, would be the actual
Chief Executive Officer Leaders
forum which will bring together
about 200 companies.The last
and actual day of the Summit will
centre on three different themes.
New Times
an interview that the team is
peaking by the day, expressing
the hope that they would do
Ghana proud in the impending
Games.
He mentioned that a
contingent of 106 would be
representing the nation in the
11-day sports fiesta, and battle
for honours in 10 disciplines
namely athletics, badminton,
boxing, fencing, judo, shooting,
swimming, table tennis,
weightlifting and disabled sport.
Team Ghana, until their
departure for the Games, pitched
camp at the Theodosia Okoh
Hockey Stadium Hostel for close

John Pantsil
to two weeks.
Hon Yammin, in a farewell
message at the camp in Accra,
charged the team to strive for
excellence. 'You are going as
ambassadors of Ghana and
therefore government and the
people of Ghana expect that you
make yourselves and the country
proud.
'Nothing should make you feel
inferior; you are just like your
competitors. Remain focused, be
determined and always have it at
the back of your mind that you
are representing Ghana. Go and
succeed,' he added.
Seventy-one nations would
battle for supremacy in 17 sports
disciplines, and 261 medal events
at 13 venues.
Clyde, the mascot for the
Games, is a thistle named after
the river which flows through the
centre of Glasgow.
Celtic Park will host the
opening ceremony, while
Hampden Park takes care of the
closing in the Games scheduled
for July 23 to August 3.
The city of Delhi, India, hosted
the last edition four years ago.
Modern Ghana
(SILC) was Instituted by CRS to
improve Community savings
and maternal and New Born Care
services (CIMACS) and livelihood.
He said the two programmes
were run in partnership with
the Ghana Health Service to
improve maternal and child care,
promote antenatal attendance,
good nutrition among pregnant
and lactating mothers and serve
as a support for the women in
the community to have financial
support for their needs.
Mr. Asambobillah said though
CRS phased out in 2012 from
CIMACS in 2012, SILC was still
promoted in the community and
added that migration from the
community reduced through the
implementation of SILC because
beneficiaries had financial
support services through their
own lending schemes to address
pertinent family problems.
He noted that his outfit
under new funding scheme
would under the Integrated
Sanitation, Hygiene, nutrition
Education (ISHINE) programme
expand its intervention to the
SILC communities and other
areas including Talensi, Nabdam,
Kassena Nankana Districts
and in the Northern Region in
Nakpanduri, Gambaga among
others.
Madam Constance Aduko,
52, a trader with the Alangtaaba
women group who took home
over GH¢ 3,000 was grateful for
the programme.
The annual durbar was
witnessed with pomp and
pageantry as the women
anticipated their share of savings
as savings boxes were opened.
India Africa Connect
mONDAY | JUly 14, 2014

12. ENCOUNTER WITH EDITOR12
What are the strategies being
addressed by government to
achieve goals of Vision 2016? What
developments have been witnessed till
date in the same?
The Vision 2016 Council, a high
level institutional mechanism was
established to monitor, evaluate and
report progress on implementation of the
Vision. The Council which is non-partisan
is answerable to the nation. Its mandate
includes amongst others;
» To generate sustained ownership of
the Vision by all stakeholders, and a
consensus on national directions and
strategies;
» To harmonise and promote
co-operation between various sectoral
objectives, and bring them within the
larger national interest;
» To monitor the implementation of
National Development Plans as vehicles
of the Vision.
» In order for the aspirations of Vision
2016 to be realized, the government of
Botswana made a deliberate move to
fully anchor Vision 2016 in its National
Development Plan 10. In addition,
increasing the plan from the 5 year
cycle to 7 years so that it coincides with
the year 2016, when Botswana will be
celebrating 50 years of independence.
» To ensure that implementation is
holistic, it is cascaded to the districts
through the District Development Plans.
» Publicity of the Vision has enabled us
Botswana’s economy remains one of Africa’s success stories, having renovated itself within three decades. Comprehensive
macroeconomic policies, good governance, well-functioning institutions and sensible management of resources are the trademarks
of Botswana’s extraordinary economic performance. In an exclusive interview to INDO AFRICA TIMES the Hon President of
Botswana, H.E. Mr. Ian Khama very precisely expounded the fine points of the country on topics concerning investment, sectoral
profile and in particular the extraordinary relations existing between Botswana and India.
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
“Sustainable development is my government’s priority”
H.E. Mr. Ian Khama
President, Botswana

to achieve 93% awareness level of the
aspirations of the Vision, countrywide.
Botswana is known for its tremendous
beauty and business potential. How
are you prioritizing your role for the
development of the country and its
people?
Indeed Botswana is endowed with a
wealth of natural capital, be it fauna and
flora or mineral resources. The challenge
lies in the sustainable exploitation of
these resources in order to benefit future
generations. Sustainable development
is my government’s priority. It is in this
regard that my government has set aside
approximately 49% of the total land area
for conservation purposes.
Tourism has been identified as a key
sector for economic diversification. The
tourist product is predominantly wildlife
based, hence the need to ensure that the
resource is utilized in a manner that will
guarantee its availability for decades to
come. In order to back our commitment
to sound conservation practices, my
government has imposed a ban on trophy
hunting in Botswana. Hunting safaris
are therefore no longer permissible and
there has been a shift towards the more
non-consumptive forms of tourism namely
photographic safaris.
How do you amalgamate your efforts,
strategies with available resources
of Botswana to make it an attractive
destination for Foreign Direct
Investment (FDI)?
Botswana is uniquely endowed with
vast resources and we have invested in
creating a globally competitive policy
framework for the extractive industry,
which can be instrumental in supporting
a beneficiation and value addition agenda.
We have the opportunity to attract
investments into a series of activities that
create entire Eco-systems around the full
value chains of the extractive sector. We
have started the implementation of this
strategy in earnest within the diamond
sector but similar opportunities still exist
with respect to other minerals viz copper,
nickel, soda ash and most importantly coal.
Some of the characteristics that make
Botswana unique are;
» Botswana is stable, peaceful, and
transparent
» Botswana is committed to a sound
macroeconomic policy, economic
freedom and has a steady and dramatic
growth rate
» Botswana opens the door to a massive
market
» The quality of Botswana’s workforce is
second to none in Africa
» The Government of Botswana wants
to make your investment work for
investors
» Botswana is committed to continued
growth
» Botswana is rich in natural resources.
Excellency, being the pillar and an
eminent representative for Botswana,
what is your blueprint to attract
investors and boost various sectors for
economic growth?
Botswana’s investment promotion
efforts drive targeted investments by
leveraging on Botswana’s competitive
and comparative advantages. Botswana
strives to hone on its value, offering to
make best use of its own comparative
strengths. Botswana is therefore going
to ensure that we have a conducive
business environment for investment
to thrive in and it is through BITC that
a Business Facilitation Centre was
created as aforestated. Our approach also
puts emphasis on local investment or
participation to ensure that Batswana are
developed and play a role in our country’s
economic growth and prosperity. We have
put in place concerted efforts to consider
already existing local companies that
are active in the market to support and
nurture their existing investment. We
have also placed aftercare services at high
value for investors as it is essential that
they are supported and encouraged to
grow their businesses further.
Furthermore, please note that to
facilitate Foreign Direct Investment
(FDI), we have formed six (6) hubs
to underline our key areas of focus in
this regard; namely, Diamond, Health,
Innovation, Education, Transport as well
as Agriculture.
MONDAY | JUly 14, 2014