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Newpaper24 - Global online News around the World 00460196:ddb12c7c2b5663e26884c956fef3ce10:arc614x376:w1200 Zimbabwe: Zim, Bots Strike Diamonds Deal - NEWPAPER24  Newpaper24 - Global online News around the World 00460196:ddb12c7c2b5663e26884c956fef3ce10:arc614x376:w1200 Zimbabwe: Zim, Bots Strike Diamonds Deal - NEWPAPER24

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Zimbabwe: Zim, Bots Strike Diamonds Deal – NEWPAPER24

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Zimbabwe: Zim, Bots Strike Diamonds Deal

2018-02-14 15:12:12


Photograph: The Herald President Emmerson Mnangagwa, President Ian Khama and different dignitaries get pleasure from a efficiency by conventional dancers in Botswana.

Zimbabwe is getting ready to clinching a take care of Botswana to begin processing its diamonds on the world famend Diamond Buying and selling Firm (DTC).

This game-changer will see Zimbabwe doing value-addition on the valuable stones and fetching more cash.

DTC is thought to be the world’s most refined diamond sorting and valuing hub and the association will see Zimbabwe transport its diamonds to Botswana for processing, cleansing and sprucing earlier than the gems are positioned available on the market.

It’s anticipated that roping in Botswana’s experience will augur properly for Zimbabwe, which has been promoting its diamonds at costs round $50 per carat, though there’s potential to get a lot greater earnings.

Talking throughout a tour of DTC in Gaborone yesterday, President Mnangagwa stated talks had been at a sophisticated stage for the 2 international locations to seal the settlement.

He stated the association is a part of a broader coverage to give you a diamond coverage for Zimbabwe.

“In Zimbabwe, sure we’ve got diamonds, however we don’t actually have a diamond coverage. We at the moment are crafting the coverage, discussing with Botswana, Namibia and Angola to help us in formulating a diamond coverage for Zimbabwe.

“However at the moment, there’s dialogue between my Minister of Mines and the younger man right here (Botswana’s Minister of Mines) in order that we convey our diamonds from Zimbabwe to be processed right here,” he stated.

President Mnangagwa was proven a gem high quality stone valued at US$11 million.

He stated Zimbabwe had so much to be taught from Botswana’s experience within the diamond business.

“However I’m so impressed with the extent of know-how and superior processing that takes place right here. I used to be holding one piece of stone estimated to the worth of US$11 million. It’s actually an expertise.

“I’m additionally conscious that right here, in addition they course of diamond from South Africa and from at the same time as far afield as Canada which speaks volumes concerning the high quality of this centre. We’re very proud as Africans, and we’re very proud as Sadc that we’ve got such know-how.”

In an interview yesterday, Mines and Mining Improvement Minister Winston Chitando stated the settlement can be signed quickly.

“In the beginning, Authorities would need to maximize on its income that it will get from diamond gross sales. The actual fact of the matter is that Botswana has extra superior know-how when it comes to the reducing and sprucing. So what is occurring is that the association is at a sophisticated stage of being applied in order that Zimbabwe can take its diamonds to Botswana. Botswana will help via superior cleansing, reducing and sprucing strategies to boost their worth in order that once we take them for public sale we are going to get greater worth per carat than we might if we do not undergo that course of.”

Minister Chitando stated discussions to take Zimbabwe’s diamonds to Botswana had began months earlier than, however President Mnangagwa’s Official State Go to had helped to seal the deal.

He stated the primary cargo of diamonds is anticipated be processed in Botswana inside the subsequent three months.

“Discussions had been held previous to the State go to and that has been formalised after the State go to.

“On the very late, by June, we’re going into have our diamonds in Botswana. Now we have tasked our Lawyer Generals from each international locations to have a look at the authorized processes.”

Minister Chitando stated the public sale of about 2 million carats of diamonds produced final 12 months is at the moment ongoing however authorities are contemplating transport a part of that stockpile to Botswana’s DTC.

In the course of the tour, President Mnangagwa was taken via the diamond processing phases that embody sorting, reducing, sprucing in addition to ascertaining the very best priced stones.

The State of the Artwork facility is ready to course of 13 tonnes per second.

President Mnangagwa’s tour to DTC was a part of his two -day Official State Go to to Botswana on the invitation of host President Seretse Khama Ian Khama.



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Employers nonetheless have ‘antiquated angle to feminine employees’ – NEWPAPER24

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Newpaper24 - Global online News around the World _100082323_gettyimages-492789910-1 Employers nonetheless have 'antiquated angle to feminine employees' - NEWPAPER24

Employers nonetheless have ‘antiquated angle to feminine employees’

2018-02-19 00:42:57

Picture copyright Getty Photographs

Many employers nonetheless stay within the “darkish ages” with regards to recruiting girls, the Equality and Human Rights Fee (EHRC) says.

In a ballot for the EHRC, 36% of employers thought it cheap to ask a girls about plans to have kids.

Some 59% agreed lady ought to need to disclose through the recruitment course of whether or not she is pregnant.

The fee stated the ballot of 1,106 female and male decision-makers confirmed worrying attitudes.

The EHRC stated its research confirmed that many employers wanted extra help to higher perceive the fundamentals of discrimination legislation and the rights of pregnant girls and new moms.

EHRC chief govt Rebecca Hilsenrath stated: “It’s a miserable actuality that, when it comes the rights of pregnant lady and new moms within the office, we’re nonetheless residing in the dead of night ages.

“We must always all know very properly that it’s towards the legislation to not appoint a lady as a result of she is pregnant or would possibly turn into pregnant.

“But we additionally know girls routinely get requested questions round household planning in interviews.”

Different findings from the YouGov survey of small, medium and enormous corporations included:

  • 46% of employers agreed it was cheap to ask girls if they’ve younger kids through the recruitment course of
  • 44% agree girls ought to work for an organisation for not less than a yr earlier than deciding to have kids
  • About one third consider that girls who turn into pregnant and new moms in work are “typically much less excited by profession development
  • 41% of employers agreed that being pregnant within the office places “an pointless value burden” on the office
  • 51% agree there’s generally resentment in direction of girls who’re pregnant or on maternity go away
  • The EHRC stated its survey revealed antiquated beliefs, together with two out of 5 employers saying girls who’ve had a couple of little one whereas in the identical job generally is a “burden” to their crew.

‘Lawbreakers’

The EHRC’s report quotes a mom of two younger kids, Sarah, who was made redundant throughout maternity go away for her first little one.

“It is unhappy to suppose that issues like this are nonetheless occurring. I really feel offended on a regular basis you could be a mom with younger kids and except you are in a job that protects you, your complete world can come tumbling down – out of your management.

“It’s important for employers to be trustworthy and guarantee there’s good communication between them and people on maternity go away in order that pregnant girls and new moms are given the help they deserve.”

TUC basic secretary Frances O’Grady stated that girls shouldn’t be compelled to decide on between having a profession and a household.

“However hundreds are being compelled from their job yearly. Being pregnant discrimination scars lives and careers.

“Employers are getting away with breaking the legislation on an industrial scale.”

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Egypt to import three LNG cargoes from France’s Engie for Q2 2018 -sources | Investing Dwelling – NEWPAPER24

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Newpaper24 - Global online News around the World 1519015488_ Egypt to import three LNG cargoes from France's Engie for Q2 2018 -sources | Investing Dwelling - NEWPAPER24

Egypt to import three LNG cargoes from France’s Engie for Q2 2018 -sources | Investing Dwelling

2018-02-18 08:23:33


CAIRO (Newpaper24) – Egyptian Pure Fuel Holding Firm (EGAS) has organized for the supply of three liquefied pure fuel (LNG) cargoes from France’s Engie within the second quarter of 2018, EGAS sources mentioned on Sunday.

Commerce sources advised Newpaper24 final month that Egypt was seeking to import 5 cargoes of LNG at aggressive pricing.

Two commerce sources mentioned the purchases had been organized by way of bilateral offers and never by way of a typical tender course of.

Egypt plans to cease importing LNG by the top of the 2017/18 fiscal yr ending in June because it hastens manufacturing at lately found fuel fields, the petroleum minister mentioned in January.

Reporting by Ehab Farouk; Writing by Nadine Awadalla; Enhancing by Susan Fenton

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Kuwait pledges $2 billion for Iraq’s reconstruction – Politics & Economics,Kuwait,Center East – NEWPAPER24

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Newpaper24 - Global online News around the World Kuwait-Emir Kuwait pledges $2 billion for Iraq's reconstruction - Politics & Economics,Kuwait,Center East - NEWPAPER24

Kuwait pledges $2 billion for Iraq’s reconstruction – Politics & Economics,Kuwait,Center East

2018-02-14 15:12:30


Kuwait will lend $1 billion to Iraq and commit an extra $1 billion of funding to the nation, Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah instructed a world convention on Iraq’s reconstruction on Wednesday.

Donors and traders have gathered in Kuwait this week to debate efforts to rebuild Iraq’s financial system and infrastructure because it emerges from a devastating battle with ISIL militants who seized virtually a 3rd of the nation.

“Kuwait will earmark $1 billion in loans to Iraq and can commit to a different $1 billion as investments in Iraq,” stated Sheikh Sabah.

Iraq declared victory over ISIL in December, having taken again all of the territory captured by the militants in 2014 and 2015. The fighters have additionally been largely defeated in neighbouring Syria.

Rebuilding Iraq after three years of battle with ISIL will value greater than $88 billion, with housing a very pressing precedence, Iraqi officers say.

On the identical convention the USA stated it was extending a $three billion credit score line however was not offering any direct authorities help. Worldwide NGOs have to date pledged $330 million in humanitarian help.

Iraq has suffered from a long time of battle and it’s hanging that it’s holding its reconstruction convention in Kuwait, which it invaded in 1990, resulting in defeat by a U.S.-led coalition and greater than a decade of sanctions.

Kuwait will have fun Liberation Day from Iraq in two weeks and Iraq nonetheless pays it reparations.

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