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The Delamere International Newsletter ©

Edition of 1 September 2007 #175


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IN THIS ISSUE

1. Business: Aid to Africa is Decreasing
2. Business: Chaos Is Looming in Zimbabwe
3. Business: Chinese Airlines & Kenya Airways Partnership
4. Business: Does US Aid For Africa In Fact Help?
5. Business: Investing in South Africa
6. Business: Is Africa Really Corrupt?
7. Business: Salary Survey for Kenya
8. Business: Somalia Reopens to Oil Companies
9. Business: South African Stock Market
10. Education: Good News About Aids in Africa
11. Education: How to Care for Your Pets
12. Immigration: Mass Exodus From Britain
13. Real Estate: House Prices in England
14. Travel: Our Recent Visit to Cape Town
15. Travel: Problems at Masai Mara Reserve in Kenya
16. Travel: Visit to Salt Lake City, USA

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1. Business: Aid to Africa is Decreasing
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South Africa is among several African countries that have fallen out of favour with the world's donor community. The continent's development watchdog, African Monitor, says the more than half of development aid coming into Africa is only going to 10 countries. To read our full report, go to our NEWS DESK link.

 

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2. Business: Chaos Is Looming in Zimbabwe
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Zambian President Levy Mwanawasa has called on the people of Zimbabwe to maintain peace at all costs. He was speaking at the opening of a summit of southern African leaders at which Zimbabwe's economic and political crisis is expected to be discussed. To read the full report, go to our NEWS DESK link.

 

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3. Business: Chinese Airlines & Kenya Airways Partnership
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Chinese aviation officials say they want their airlines to partner with Kenya Airways (KQ) on direct flights from Kenya to their country. Mr Yang Guoqing, the deputy minister in-charge of China Civil Aviation, says that due to KQ's wider spread in terms of market expansion, they have identified the national carrier as a strong airline in Africa worth working with. To read the full report, go to our NEWS DESK link.

 

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4. Business: Does US Aid For Africa In Fact Help?
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CARE, one of the world's biggest charities, is walking away from about $45 million a year in federal funding, saying American food aid is not only plagued with inefficiencies, but may hurt some of the very poor people it aims to help. To read the full report, go to our NEWS DESK link.

 

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5. Business: Investing in South Africa
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Many business leaders predict that Africa is the next emerging market of the future, with U.S. trade to the continent rising. What an important time for your business to explore global investments in the next emerging market. Partnerships between U.S. and African businesses will be formed, during The Corporate Council on Africa's (CCA) 2007 U.S.-Africa Business Summit is being held in Cape Town. Visit this site.


Editor's Note
: If you require additional information about investing in South Africa, our senior partner has spent over 30 years based in Cape Town, why not ask for his opinion; it's free. Contact us.

 

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6. Business: Is Africa Really Corrupt?
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African governments, especially those rich in natural resources, should do more to battle corruption and strengthen financial governance, the International Monetary Fund (IMF) said. To read the full report, go to our NEWS DESK link.

 

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7. Business: Salary Survey for Kenya
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The first salary survey for the country, which will enable top company managers compare earnings with other countries, has been unveiled. A global report from the Global management consultant Hay Group, ranked Kenya 25th on the earning scale ahead of countries like South Africa, Netherlands and Belgium. Read our full report at our NEWS DESK link.



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8. Business: Somalia Reopens to Oil Companies
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NAIROBI: The largest oil groups in the world that declared force majeure and quit Somalia 16 years ago will be given the chance to resume their activities under the anarchic country's proposed hydrocarbon law. To read this full report and to research the tremendous opportunity of investing in this venture, visit our NEWS DESK page.

 

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9. Business: South African Stock Market
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The South African equity market has been quite volatile over the quarter to the end of June as a result of significant swings in the factors that influence the market, such as commodity prices, global bonds and local interest rates. Yet despite a sharp fall in the All Share index (Alsi) in May, and again in June, the market trend is still upward. Earlier this month, the index hit the 30 000 mark a few times before falling back to about 29 600 late this past week. To read our full report, go to our NEWS DESK link.

 

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10. Education: Good News About Aids in Africa
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After a steep increase in the 1990s, and several years of plateauing, South Africa's HIV prevalence may finally have entered a phase of decline. To read the full report, go to our NEWS DESK link.

 


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11. Education: How to Care for Your Pets
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This web site has been referred to our Editor by one of our readers and he found it to be so helpful. In turn our editor suggests that you visit this site.



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12. Immigration: Mass Exodus From Britain
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Britain is facing a mass exodus of people looking to escape the crime and grime of modern living. The country's biggest foreign visa consultancy firm has revealed that applications have soared in the last seven months by 80 per cent to almost 4,000 a week. Ten years ago the figure was just 300 a week. Most people are relocating within the Commonwealth - in Australia, Canada and South Africa. They are almost all young professionals and skilled workers aged 20-40. To read the full report and the main reasons for this exodus, go to our NEWS DESK link.

 


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13. Real Estate: House Prices in England
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The cost of an average home in England is set to soar by 40% during the coming five years, to break through the £300,000 barrier by 2012, a report warned today. The National Housing Federation said the price of the average property in the UK would increase to £302,400 by 2012, while a home in London would cost nearly £500,000. To read the full report, go to this link.

 


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14. Travel: Our Recent Visit to Cape Town
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One of our senior staff members made the following report, "We were shocked at the upturn of violence and crime in the City of Cape Town and its environs, and we ask what will happen when we send about 10,000 clients and customers to the City of Cape Town in 2010 for the World Cup?" Read this report from our friend John Scott in Cape Town.


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15. Travel: Problems at Masai Mara Reserve in Kenya
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Kenya's Masai Mara game park faces a disastrous surge in tourism after a government decision to give away land around its borders. Unscrupulous investors looking to sidestep a ban on new hotels inside the reserve are buying up 150-acre plots which had been given by the government to the formerly nomadic Masai tribesmen. To read the full report, go to our NEWS DESK link.


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16. Travel: Visit to Salt Lake City, USA
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Situated in a basin between the rugged, snow-covered Wasatch mountain range to the east and the Great Salt Lake to the west, Salt Lake City's scenic backdrop frames a pleasantly spacious and hassle-free city that is surprisingly sensible and down-to-earth for a growing state capital.

The vast salty wasteland that ultimately became one of America's prize cities was originally picked out by a band of Mormon pioneers who were searching for a quiet spot where they could follow their faith undisturbed by the world. Led by Brigham Young, leader of the Church of Jesus Christ of Latter-Day Saints, the followers surveyed the desolate-looking valley of the Great Salt Lake basin and declared it to be the peaceful haven they had been seeking for the past five months. 'This Is The Place Heritage Park' commemorates the site where they ended their trek, named after the famous words uttered by Young in 1847: 'This is the right place'. To this day the city is dominated by the Mormon influence, with more than 40 percent of the population belonging to the Latter-Day Saints. Visitors come to listen to the singing of the exceptional Mormon Tabernacle Choir and to see the fascinating Temple Square that is the spiritual headquarters of the Mormon faith and the heart of the city.

Despite being steeped in religious tradition, Salt Lake City is rapidly emerging as one of the foremost business locations in the country, attracting large numbers of high-technology firms and software corporations, and a favoured venue for major corporate and professional conferences and conventions. The city is also growing in reputation as an outdoor recreation centre, enhanced by its international recognition as the excellent host of the 2002 Winter Olympics. Throngs of outdoor enthusiasts are drawn to the nearby mountains where world-class skiing is offered at top resorts, as well as miles of stunning mountain trails for hiking, biking and rock climbing. Salt Lake City is also within a day's drive of numerous national and state parks, rivers, forests and canyons, offering endless opportunities for outdoor sports and recreation. (This travel review was presented by Delamere Travel, visit their site.)


Editor's Note: The Delamere Group operates a branch office in Salt Lake City and many of our readers and clients have requested more information, we decided to place this description in our current Newsletter. Also visit this link.


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This month's quote
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"To do the useful thing, to say the courageous thing, to contemplate the beautiful thing: that is enough for one man's life." ~ T. S. Eliot (1888-1965) American Poet

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Disclaimer
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The publisher expressly disclaims any 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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