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This Month's Sponsor
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Delamere
Financial Education Center - Our financial training
programs, sponsored by the Online Trading Academy, are
geared toward individual investors, novice or experienced,
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To excel in this fascinating world of money, you need
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on Investing.
IN THIS ISSUE
1.
Business: An interesting look back on Apartheid in South
Africa
2. Business: China Expands Into Africa
3. Business: Employment in China & Hong Kong is booming
4. Business: Kenya and China to increase cooperation and
trade
5. Business: Kenya Please Get Your Act Together
6. Business: Libya Re-enters the land of the living?
7. Business: Paying Taxes in South Africa
8. Business: Rose Growing Industry in Ethiopia is Expanding
9. Business: Russia to invest heavily in South Africa
10. Business: South African Gold Refinery in India?
11. Education & Environment: Housing in South Africa
12. Education: Lion Population in Kenya Now faces Extinction
13. Immigration: An all too familiar story about illegal
immigration
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1. Business: An interesting look back on Apartheid
in South Africa
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Archbishop
Desmond Tutu has said South Africa's white community has
not shown enough appreciation of the generosity shown
to them by black South Africans. Ex-President FW de Klerk
said in turn that black citizens should be grateful to
whites for surrendering power. To read the full report,
go to our NEWS
DESK link.
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2. Business: China Expands Into Africa
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China
has always adhered to the principles of mutual respect
and equal treatment in developing its friendship with
Africa, where 47 of the total 53 countries have forged
diplomatic ties with China.
It is no surprise that African nations see China as a
sincere and reliable friend, and are willing to lend their
support on some crucial issues. To read the full report,
go to our NEWS
DESK link.
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3. Business: Employment in China & Hong Kong
is booming
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So
acute is the shortage of well-educated workers in the
territory that the Government has been forced to rethink
its immigration policies. Yet analysts say the plans may
not go far enough. To read the full report, go to our
NEWS
DESK link.
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4. Business: Kenya and China to increase cooperation
and trade
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In
a joint communiqué issued in Nairobi Friday Chinese
President Hu Jintao and Kenyan President Mwai Kibaki explained
they had agreed to continue developing friendly and cooperative
relations for mutual benefit.
It says the two leaders held discussions in a "warm
and cordial" atmosphere, had an in-depth exchange
of views and reached broad agreement on bilateral relations
and international issues of common interest. To read the
full report, go to our
NEWS DESK link.
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5. Business: Kenya Please Get Your Act Together
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The
Dutch government has suspended nearly $150m in aid to
Kenya because of concerns over corruption.
Dutch Development Co-operation Minister Agnes van Ardenne
said her government wanted to see "more tangible
results in the fight against corruption in Kenya".
To read the full report, go to our NEWS
DESK link.
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6. Business: Libya Re-enters the land of the living?
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The
US has announced that it is renewing full diplomatic relations
with Libya after deciding to remove it from a list of
states backing terrorism. The following is a statement
by US Secretary of State Condoleezza Rice. To read this
report, go to our NEWS
DESK link.
Editor's
Report: Please visit our web page on Libya.
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7. Business: Paying Taxes in South Africa
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As
many of our clients live in South Africa and we regularly
have queries from prospective immigrants about the tax
system in this country, we have decided to review the
series of articles published by our local reporter. This
is the first of this series.
There
are two main ways you will pay tax, namely direct taxation
on money you earn from your job or investments, and indirect
taxation, which is mainly based on money you spend.
There
are seven facts you need to take into account with direct
taxation. To read the full report, go to our NEWS
DESK link.
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8. Business: Rose Growing Industry in Ethiopia is
Expanding
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NAZRET, Ethiopia (Reuters) - Inside Jobera Flowers'
vast greenhouses, there are rows of rose buds ready for
harvest and destined to brighten rooms in faraway Europe.
The Jobera farm, about 90 km (56 miles) south of Ethiopia's
capital Addis Ababa, is one of the most successful in
a thriving industry that is helping to diversify the country's
coffee-dependent economy. To read the full report, go
to our NEWS
DESK link.
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9. Business: Russia to invest heavily in South Africa
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Johannesburg
- Viktor Vekselberg, ranked Russia's fourth-richest man
by Forbes magazine, plans to invest in African mining
projects as his Renova Group seeks to diversify plans
to use South Africa as a springboard for investment elsewhere
on the continent, "Through South Africa, Russian
capital can get access to other countries in Africa,"
Vekselberg said. "We are ready to invest some
significant capital in South Africa and I know that other
Russian steel companies, coal mining companies and iron
companies are looking at opportunities in South Africa."
To read the full report go to or NEWS
DESK link.
Editor's Note: We expect the value of the Rand
to dramatically increase with this heavy demand.
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10. Business: South African Gold Refinery in India?
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BANGALORE:
With India making hallmarking mandatory from '08, gold
refinery major Rand Refinery of South Africa is eyeing
the possibility of setting up refinery in India, the world's
biggest gold consumer. To read the full report, go to
our NEWS
DESK link.
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11. Education & Environment: Housing in South
Africa
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As
part of a series on housing in South Africa, the BBC News
website's Justin Pearce speaks to residents of overcrowded
Alexandra township in north-eastern Johannesburg. This
report is presented in a series of photos, which our readers
will find of great interest. To read and see this report,
go to our NEWS
DESK link.
Editor's Note: Visit our web page on our campaign
for helping the housing needs of the homeless. Visit
this link.
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12. Education: Lion Population in Kenya Now faces
Extinction
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Wildlife experts say the lion population of southern Kenya
faces extinction unless steps are taken to protect the
animals. The assessment comes in a study by U.S. researchers
at the University of California, Berkeley working with
a Kenyan lion conservation project. To read the full report,
go to our NEWS
DESK link.
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13. Immigration: An all too familiar story about
illegal immigration
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Skeptical
Americans who continue to ignore the potentially very
severe social and political impact of massive Mexican
immigration should heed the following: According to the
2000 Census, the U.S. population had increased by about
13 percent from 1990, but the number of people who identified
themselves as Mexican had grown by 53 percent.
If
this trend continues, the majority of people in the United
States could very well be of Mexican ancestry within a
few decades. Mexico is clearly using both legal and illegal
migration to strongly influence U.S. policies and future
elections, and to eventually extend the Mexican nation.
Another amnesty could speed up the process of creating
Mexamerica. To read the full report, go to our NEWS
DESK link.
Editor's Note: Europe has a similar problem with
the Asians moving in for a better lifestyle; the major
difference is that most of North America once belonged
to the Mexicans. Are they simply reclaiming what is theirs
by birthright?
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This month's quote
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"The
nobler sort of man emphasizes the good qualities in others,
and
does not accentuate the bad. The inferior does the reverse."
--
Confucius (551-479 BC) Chinese Philosopher
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and checking the information contained
in this Newsletter is accurate, the
publisher shall not
be held responsible for any errors,
omissions or inaccuracies in this
electronic publication, or for any
consequences arising there from. Editorial
materials published herein are provided
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and all liability to any person, whosoever,
in respect of any loss, damage, death,
personal injury or other consequences,
by their use of, or reliance upon
in any way, the information contained
in this electronic publication.
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Notice
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2006 by "Delamere-Pennine
Associates, International Business
& Marketing Consultants"
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