Botswana’s Wilderness Safaris to bid for Air Botswana

Botswana’s largest tourism company, Wilderness Safaris, plans to make a bid for Air Botswana, the country’s loss-making national airline which the government wants to privatise.

Botswana put the airline up for sale in February, part of plans to privatise loss-making state-owned companies. The transport department said at the time it would consider full bids for Air Botswana, as well as joint ventures, ownership, franchising and concessions.

In March, Transport Minister Kitso Mokaila said at least 17 companies had expressed interest in Air Botswana, but he did not name them.

Wilderness Safaris said it planned to make a bid when it published its full-year results last week.

The company, which is also listed in Johannesburg, operates 50 luxury resorts across eight African countries and Wilderness Air operates 35 small aircrafts in Botswana, Zimbabwe, Zambia and Namibia mainly catering to tourists.

Botswana, whose main source of wealth is diamonds, has more than 30 state-owned enterprises, most of them loss making, in industries ranging from tourism and power to housing and finance.

Air Botswana operates four domestic routes and also provides cargo and air passenger services to Cape Town and Johannesburg from Gaborone, Francistown and the tourism hubs of Maun and Kasane.

The airline’s losses, blamed on a large workforce and an aging fleet, prompted a turnaround plan that includes cutting costs and cancelling unprofitable routes.

Originally reported by Reuters.

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IBM to Train 25 Million Africans for Free to Build Workforce

International Business Machines Corp. is ramping up its digital-skills training program to accommodate as many as 25 million Africans in the next five years, looking toward building a future workforce on the continent.

The U.S. tech giant plans to make an initial investment of 945 million rand ($70 million) to roll out the training initiative in South Africa, a country where 31 percent of people between 15 and 24 are unemployed, according to Statistics South Africa. Other countries set to benefit in this program include Nigeria, Kenya, Morocco and Egypt, enabling the expansion of the project across the continent.

“Africa will have the largest workforce by 2040 and IBM wants to lay the foundation blocks to build a digital workforce,’’ Juan Pablo Napoli, head of IBM Skills Academy, said by phone from Dubai. “We will be providing a free cloud-based learning platform able to train people from basic computer skills to high-end app development.”

The move may help bring and keep digital jobs in Africa instead of losing them to India, said Hamilton Ratshefola, IBM’s country manager for South Africa. As many as 50,000 such jobs are currently farmed out from Africa, predominantly to India, Ratshefola said.

“If the program is implemented successfully over the five-year period all these jobs can be moved to Africa, where people will be equipped with the right set of skills,” he said.

The company has partnered with the United Nations in extending the initiative throughout Africa. IBM is also talking to a number of other potential partners, including mobile-phone companies, to further scale the program, Ratshefola said. In South Africa, IBM already is working with phone carrier Vodacom Group Ltd., he said.

Originally reported by Bloomberg.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Queries Feel Free to Contact :

Mr. Mohammad Mukhtar Mustafa,
Deputy Global Director, No. 4,
Strategic Business & Intelligence Division,
Email : deputy.gd.4@cwiilgroup.eu
Voice : +45.8176.1923
Connect : LinkedIn – Twitter – Facebook – Quora

For Queries Specific to Africa :
Email : africa@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
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Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
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Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.