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CLIMATE CHANGE: Africa to be most

Africa is more vulnerable than any other region to the world's changing weather patterns – this is according to Richard Washington, a professor of climate science at the School of Geography and the Environment at Oxford University in the United Kingdom.

Washington alluded to this in a report he released recently. He says the African continent will be hardest hit by climate change because African society is very closely coupled with the climate system citing that hundreds of millions of people depend on rainfall to grow their food.
Second to Washington’s observations is that the African climate system is controlled by an extremely complex mix of large-scale weather systems, many from distant parts of the planet. “In comparison with almost all other inhabited regions, it is vastly understudied, therefore capable of all sorts of surprises,” he said.

Thirdly the Oxford academic gaffer observed that the degree of expected climate change is large. “The two most extensive land-based end-of-century projected decreases in rainfall anywhere on the planet occur over Africa; one over North Africa and the other over southern Africa” writes Washington

Furthermore  the  UK  based researcher says in Africa the capacity for adaptation to climate change is low; saying poverty equates to reduced choice at the individual level while governance generally fails to priorities and act on climate change “African climate is replete with complexity and marvels. The Sahara is the world's largest desert with the deepest layer of intense heating anywhere on Earth, this is proving to be a challenge in the future,” he said.

The analysis by Washington  also underscored that  June and July , the most extensive and most intense dust storms found anywhere on the planet fill the air with fine particles that interfere with climate in ways Africa quite  don't quite understand. On  Africa’s monsoon altering patterns  Professor Washington said the Saharan desert region  is almost completely devoid of weather measurements yet it is a key driver of the West African monsoon system, which brings three months of rain that interrupts the nine-month long dry season across the Sahel region, south of the desert.

For the decades following the 1960s and peaking in 1984, there was a downturn of rainfall of some 30% across the Sahel, which led to famine and the deaths of hundreds of thousands of people and the displacement of many millions. No other region has documented such a long and spatially extensive drought.

Evidence points to Western industrial aerosol pollution, which cooled parts of the global ocean, thereby altering the monsoon system, as a cause. The currently observed recovery of the rains is projected to continue through the 21st Century, particularly over the central and eastern Sahel.“But that change seems to depend on exactly where future heating in the central Sahara peaks, emphasizing cruelly the region we least understands,” observed Washington.

In Southern Africa Richard Washington says delay in the onset and a drying of early summer rains, is predicted to worsen in forthcoming decades. “Temperatures there are predicted to rise by five degrees or more, particularly in the parts of Namibia, Botswana and Zambia that are already intolerably hot,” he said. Meanwhile over Kenya and Tanzania the UK based Climate science expert says the long rains from March to May start later and end sooner – leading to an overall decrease in rainfall.

According to Richard Washington this observed change sits uncomfortably next to predictions of a wetter future in the same season – problem scientists have termed the East African Climate Paradox. For Central Africa, one of three regions on the planet where thunderstorms drive the rest of the planets tropical and sub-tropical weather systems, lives perilously close to the rainfall minimum needed to support the world's second largest rainforest system.

The Expert says even a little less rainfall in the future could endanger the forest and its massive carbon store. “We know remarkably little about that climate system – it is scarcely even monitored – there are more reporting rain gauges in the UK county of Oxfordshire than the entire Congo Basin,” he said.

Africa's complex climate system is, unusually, influenced by all three global ocean basins. Emerging from one of those rapidly warming oceans, tropical cyclones Idai and Kenneth in March and April 2019 destroyed parts of Mozambique, Zimbabwe and Malawi, with Kenneth following a particularly unusual path over Tanzania.

On a positive note Richard Washington says however on the scientific front there is hope. “In collaborative efforts we are working intensely hard to improve climate prediction. Projections of climate change depends on climate models of which there are dozens, each as complicated to understand as the real world,” he said.

He explained that through efforts such as the ongoing Future Climate for Africa (FCFA), a programme funded by the UK's Department for International Development and Natural Environment Research Council, the experience and insights of African climate scientists have led to a discernible jump in scientist’s ability to understand and model African climate.

Washington further explained that each region and sub-region of Africa is changing differently but an emerging commonality is a shift towards more intense rainfall – even where there is observed and projected future drying. “The rainfall arrives in shorter bursts, causing more runoff and longer dry-spells in between. New models, developed as part of FCFA, are now run at extremely high resolution with grid spacing of around 4km (2.5 miles) for the entire continent” he said.

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BTC launches the 3rd Francistown Marathon 2024 and handover proceeds to the 2nd Francistown Marathon beneficiaries

8th December 2023

Botswana Telecommunications Corporation Limited (BTC) has announced that its 3rd Francistown Marathon will be held on Saturday 20th April 2024 at Obed Itani Chilume Stadium in Francistown. The BTC Francistown Marathon is officially recognised by World Athletics and a Comrades Marathon Qualifier will offer race categories ranging from 42.2km, 21.1 km, 10km, 5km fun run, 5km peace run for children and has introduced a 5km and 10km categories for wheelchairs athletics.

BTC also used this opportunity to announce beneficiaries who received donations from proceeds made from the 2nd BTC Francistown Marathon that was held on April 23rd 203.  BTC donated a play area, plastic chairs and wooden tables for pupils worth a total of thirty eight thousand, one hundred and three pula, fifty thebe each (P38, 103.50) to Monarch Primary School, Tatitown Primary School, Mahube Primary School and Gulubane Primary School. Ditladi and Boikhutso clinics each received a donation of benches, television sets and 10, 000 litre water tanks worth thirty seven thousan, eight hundred and ninety eight pula (P 37, 898.00). Additionally, BTC also donated seventy thousand pula (P70,000.00) to their marathon technical partner, Francistown Athletics Club (FAC) which will be used for daily operations as well as to purchase equipment for the club.

The BTC Francistown Marathon aligns seamlessly with BTC’s corporate social investment programme, administered through the BTC Foundation. This programme is a testament to BTC’s dedication to community development, focusing on key areas such as health promotion. The marathon, now in its third year, not only promotes a healthy lifestyle but also channels all proceeds to carefully chosen charities as part of BTC’s commitment to impactful and sustainable projects.

Speaking at the launch, the BTC Managing Director Mr Anthony Masunga stated that the marathon underscores BTC’s commitment to community upliftment and corporate social investment. He stated that “the annual event which has been in existence since 2016, having taken a break due to the covid and other logistical issues, is instrumental to the economic upliftment of the city of Francistown”. He congratulated all the beneficiaries for having been nominated to receive the donations, adding that “the donation of proceeds from the 2023 marathon aims to highlight BTC’s commitment and heart for Batswana and our continued impact in the different industries”.

He further stated that through this marathon, “we demonstrate our steadfast commitment to having a good influence on our communities, this event is a manifestation of our dedication to promoting education and a healthier, more active society”.  He concluded by stating that “BTC looks forward to another successful marathon that will leave a lasting positive influence on the greater Francistown community and the country at large” he said.

Giving welcome remarks, the Councillor for Donga, Honourable Morulaganyi Mothowabarwa stated that “he is ecstatic that BTC is collaborating with the City of Francistown on yet another installment of the Marathon”. He continued to offer his support to BTC to enable this marathon to continue over the coming years, stating that the “CSI element is a welcome development that helps empower our communities”, he said.

The 3rd BTC Francistown Marathon is officially open for registrations and athletes may use the following platforms to register and pay; through Smega by dialling *173# and choosing opton 5, then choose Option 3 for the Francistown marathon, at any BTC store or by visiting the BTC website and clicking on the BTC Francistown Marathon and choosing the relevant options.

 

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Letsholo lauds President Masisi’s digitization in fight against corruption

8th December 2023

Thapelo Letsholo, Member of Parliament for Kanye North, delivered a moving speech at the United Nations International Anti-Corruption Day commemoration, praising President Dr. Mokgweetsi Eric Keabetswe Masisi’s digitalization initiative in the fight against corruption. Letsholo highlighted the importance of embracing digitalization in governance as a crucial step in curbing corrupt practices.

According to Letsholo, the implementation of digital systems in government services can significantly reduce direct interactions between citizens and officials, which often serve as fertile grounds for corruption. By minimizing these opportunities for illicit activities, the efficiency and transparency of public services can be enhanced. Letsholo pointed to Estonia’s success in digital governance as an example, where public services have become more transparent, accessible, and efficient.

The MP commended President Masisi’s commitment to digitalization and E-Governance, emphasizing that it aligns with global anti-corruption standards. He called for full support and active participation from all sectors to ensure the success of this initiative.

Letsholo also stressed the importance of improving detection methods and refining whistleblower laws to effectively combat corruption. He highlighted the unseen and unspoken facets of corruption as its lifelines, emphasizing the need for robust detection mechanisms and a system that encourages and protects whistleblowers.

Addressing the societal role in fighting corruption, Letsholo focused on the crucial role of everyday citizens and civil servants who often witness corrupt practices firsthand. He acknowledged the existing reluctance to report corruption due to the perceived risks of repercussions. To change this narrative, Letsholo advocated for creating an environment where staying silent is deemed more detrimental than speaking out. He called for a cultural shift where the potential benefits of exposing corruption outweigh the risks, ensuring that whistleblowers are protected and feel secure in coming forward.

Letsholo called for collective responsibility and action in creating a system that not only detects and reports corruption but also supports those who stand against it. He expressed hope that under President Masisi’s digitalization initiatives, the future of governance in Botswana will be characterized by integrity, transparency, and accountability. Letsholo’s speech resonated with the sentiments of hope and determination that permeated the commemoration, emphasizing the need for unity in the fight against corruption.

In summary, Letsholo lauded President Masisi’s digitalization initiative in the fight against corruption, highlighting its potential to curb corrupt practices, enhance efficiency and transparency in public services, and align with global anti-corruption standards. He emphasized the importance of improving detection methods, refining whistleblower laws, and creating an environment where speaking out against corruption is encouraged and protected. Letsholo called for collective responsibility and action in creating a future characterized by integrity, transparency, and accountability in governance.

 

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FaR property assets value clock P1.47 billion

6th December 2023

FaR Property Company (FPC) Limited, a property investment company listed on the Botswana Stock Exchange, has recently announced its exceptional financial results for the year 2023. The company’s property asset value has risen to P1.47 billion, up from P1.42 billion in the previous year.

FPC has a diverse portfolio of properties, including retail, commercial, industrial, and residential properties in Botswana, South Africa, and Zambia. The company owns a total of 186 properties, generating rental revenues from various sectors. In 2023, the company recorded rental revenues of P11 million from residential properties, P62 million from industrial properties, and P89 million from commercial properties. Overall, the company’s total revenues increased by 9% to P153 million, while profit before tax increased by 22% to P136 million, and operating profit increased by 11% to P139 million.

One notable achievement for FPC is the low vacancy rate across its properties, which stands at only 6%. This is particularly impressive considering the challenging trading environment. The company attributes this success to effective lease management and the leasing of previously vacant properties in South Africa. FPC’s management expressed satisfaction with the results, highlighting the resilience of the company in the face of ongoing macroeconomic challenges.

The increase in profit before tax can be attributed to both an increase in income and effective control of operating expenses. FPC managed to achieve these results with fewer employees, demonstrating the company’s efficiency. The headline earnings per linked unit also saw an improvement, reaching 26.92 thebe, higher than the previous year.

Looking ahead, FPC remains confident in its competitiveness and growth prospects. The company possesses a substantial land bank, which it plans to develop strategically as opportunities arise. FPC aims for managed growth, focusing on consumer-driven developments and ensuring the presence of supportive tenants. By maintaining this approach, the company believes it can sustainably grow its property portfolio and remain competitive in the market.

In terms of the macroeconomic environment, FPC noted that inflation rates are decreasing towards the 3% to 6% range approved by the Bank of Botswana. This is positive news for the company, as it hopes for further decreases in interest rates. However, the fluctuating fuel prices, influenced by global events such as the war in Ukraine and oil output reductions by Russia and other Middle Eastern countries, continue to impact businesses, including some of FPC’s tenants.

FPC’s property portfolio includes notable assets such as a shopping mall in Francistown with Choppies Hyper as the anchor tenant, Borogo Mall located on the A33 main road near the Kazungula ferry crossing, and various industrial and commercial properties in Gaborone leased to Choppies, Senn Foods, and Clover Botswana. The company also owns a shopping mall in Mafikeng and Rustenburg in South Africa.

The majority of FPC’s properties, 85%, are located in Botswana, followed by 12% in South Africa and 3% in Zambia. With its strong financial performance, competitive position, and strategic land bank, FPC is well-positioned for continued growth and success in the property market.

 

 

 

 

 

 

 

 

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