On Monday 07 June 2004 08:30, Simon Vass wrote:

> So with the pause on issuing Radio licenses, what are those guys at UCC
> actually up to these days. "Tea anyone...."

But this will depend on the frequency spectrum available, so I wouldn't really 
bug them too much on this one, unless of course someone in UG starts doing 
DAB (Digital Audio Broadcast).

Mark.

>
>
>
>   _____
>
> From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Kiggundu
> Mukasa
> Sent: 07 June 2004 08:48
> To: [EMAIL PROTECTED]
> Subject: lug_: Fwd: Issue 210: Nigeria's Vee Network: the transaction that
> sunk a deal and cost two senior people their jobs
>
>
> I am without-a-doubt in the wrong business! Read below, How can you make a
> Profit of Nira 24.6 BILLION for last 6 months of 2003.
>
> Not revenue, PROFIT and for only SIX MONTHS!
>
> Just in case you were wondering, that works out to $31Million PROFIT PER
> MONTH for the last 6 months of 2003
>
> This has to be better than selling cocain. If I offer BOTH my testicles,
> can I be cut into the action. I am serious. BOTH
>
> Just incase you miss the story in the email below, click on the last link
> at the bottom for a separate site with the same story
>
> Begin forwarded message:
>
>
>
> From: Russell Southwood <[EMAIL PROTECTED]>
> Date: June 6, 2004 22:03:07 GMT+03:00
> To: Multiple recipients of NewsUpdate - Sent by
> <[EMAIL PROTECTED]>
> Subject: Issue 210: Nigeria's Vee Network: the transaction that sunk a deal
> and cost two senior people their jobs
> Reply-To: [EMAIL PROTECTED]
>
> Balancing Act's News Update 210 (6 June 2004)
> ___________________________________________________________________________
>_ Coming soon: Energy sources for remote locations and the mobile market in
> Liberia
> ___________________________________________________________________________
>_ IN THIS ISSUE:
>
> Top Story
>
> - NIGERIA'S VEE NETWORK: THE TRANSACTION THAT SUNK A DEAL AND COST TWO
> SENIOR PEOPLE THEIR JOBS
>
> Telecom News
>
> - STRIKES THREATEN PRIVATISATION OF NIGER'S SONITEL
>
> - GHANA TELECOM LOSING USD5 MILLION MONTHLY DUE TO VOIP AND STAFF FREE USE
> OF SERVICES
>
> - MALI'S SOTELMA TO PUT FCFA25 BILLION INTO NETWORK UPGRADE
> PRE-PRIVATISATION
>
> - ZANTEL TO OPERATE ON MAINLAND TANZANIA NEXT FEBRUARY
>
> - MOZAMBIQUE'S MCEL SIGNS FRAME AGREEMENT WITH ERICSSON
>
> Internet News
>
> - INTERNET BANK 20TWENTY GEARS UP FOR RELAUNCH
>
> - ZIMBABWE SET TO FORCE ISPS TO DISCLOSE "OFFENSIVE OR DANGEROUS" MESSAGES
>
> - TISCALI WANTS R300M FOR ITS SA OPERATIONS
>
> Computer News
>
> - GHANAIAN GOVERNMENT AWARDS CONTRACTS FOR REGIONAL ICT CENTRES
>
> - ZAMBIAN COMPUTER SOCIETY PRESIDENT RECOMMENDS COMPUTER REGISTRATION
>
> - MICROSOFT INVESTS N20M IN LAGOS DIGITAL VILLAGE
>
> On the Money
>
> - TELECEL PLANS TO LIST ON THE LUSAKA STOCK EXCHANGE
>
> - THE CELTEL PURCHASE OF KENCELL - THE STORY BEHIND THE DEAL
>
> ___________________________________________________________________________
> TO SUBSCRIBE:
>
> Balancing ActÂs News Update covers connectivity developments in Africa and
> this week goes out to 7166 subscribers in government, the private
> sector, civil society and education. It has subscribers in almost all
> African countries and this web site last month recorded 10,000
> individual visits.
>
> If you want to subscribe to News Update, simply send a message saying I
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> ___________________________________________________________________________
>_ TO CONTACT US:
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> Tel/fax: + 44 20 7720 5993 Cell: + 44 7973 561987 E-mail:
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>
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> Advertisement:
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> ___________________________________________________________________________
>_ NIGERIA'S VEE NETWORK: THE TRANSACTION THAT SUNK A DEAL AND COST TWO
> SENIOR PEOPLE THEIR JOBS
> ___________________________________________________________________________
>_
>
> All over the world business gets very rough-and-tumble, especially at the
> point when the ownership of companies changes hands. In Africa this
> rough-and-tumble frequently occurs without reliable external referees like
> courts and with few regulatory "ground rules" limiting what might happen.
> But Africa's "freestyle" way of doing business came up against nervous
> developed world institutional investors, conscious of the cost of breaking
> the rules. In a surprise move this week the continent's largest mobile
> player Vodacom pulled out of its management contract with Nigeria's
> V-Network, a move that cost two of its most senior management their jobs.
> News Update seeks to put the spotlight on the transaction that caused the
> collapse of the deal.
>
> Vodacom first intended to buy a majority stake in Econet Nigeria in a deal
> worth some USD150 million in equity and another USD100 million in
> operational loans but Econet Wireless International had contested the deal
> in the Nigerian High Court. It sued Vodacom for what it describes as
> "inducement to breach of contract". Vodacom subsequently signed a
> management contract with Econet Nigeria which changed its name to Vee
> Network and Vodacom appointed its own CEO to run it.
>
> According to the Financial Times (London), Vodacom's surprise decision to
> pull out of Nigeria was due to a "breach of trust" between Africa's largest
> mobile phone operator and its Nigerian partner, Vodacom's Chief Executive
> Alan Knott-Craig said last week. "The decision to withdraw from Nigeria is
> a blow to our expansion plans, but there was a breach of trust and I
> decided we could not expose the company any further," Knott-Craig told the
> FT.
>
> The alleged "breach of trust" centres on Vee's decision in March to approve
> payments totalling just under USD 3million to three brokerage companies.
> Vee directors held directorships in two of the companies. Vodacom had
> conducted extensive due diligence and found that earlier payments, which
> were negotiated in 2002, to brokers that had helped Vee raise capital from
> Nigerian state governments, were not illegal. However, Mr Knott-Craig said
> he specifically requested that no more money be paid out. On March 22, just
> over a week before the management agreement with Vodacom started, Oba
> Otudeko, Vee's chairman, approved the later payments, according to a letter
> Seen by the FT.
>
> "We had a clear understanding, but Vee chose to pay without telling us," Mr
> Knott-Craig said. "When we discovered they had signed the management deal
> after making those payments, it was the trigger for us to leave Nigeria. We
> shall not be going back there for the foreseeable future."
>
> Knott-Craig said earlier this year that two of its shareholders - Vodafone,
> which owns a 35 percent stake, and SBC Communications, which has an
> indirect stake in Vodacom through Telkom - were concerned about compliance
> with the US Foreign Corrupt Practices Act. The law, which threatens fines
> and jail terms, is designed to stop US multinationals and corporates and
> those companies with business in the US from engaging in corrupt practices.
> "If it were not for that, we would be operating in Nigeria now,"
> Knott-Craig told Moneyweb earlier this year.
>
> According to This Day "brokerage or finder's" fees were paid to Oceanic
> Securities Limited, Bromley Asset Management Ltd and Empee Ventures
> Limited, companies which had approached, Lagos, Delta and Akwa Ibom state
> governments respectively and convinced them to make investments in the
> former EWN. The companies had asked for 10 per cent of the investments made
> by the State Governments.
>
> Oceanic Securities and Bromley were paid N71.4 million each through a
> Universal Trust Bank cheque and Intercontinental Bank cheque respectively
> while Empee was paid a total of N229 million through Lead Bank and National
> Bank of Nigeria cheques.
>
> According to Business Day Vodacom had already been warned of issues likely
> to make a potential investor wary. Those warnings came from Econet Wireless
> International, which holds 5% of the Nigerian company and has instigated
> legal action to prevent Vodacom from taking over, claiming a pre-emptive
> right to buy any of the Nigerian shares put up for sale.
>
> "We don't know what Vodacom found but we alerted Mthembu to issues
> pertinent to any operator seeking to run an aboveboard operation in
> Nigeria," said Econet Wireless International executive Kevin Kachidza. "We
> believe we can manage those issues because we were the whistle-blower in
> the first place," he said.
>
> Deputy CEO Andrew Mthembu, Vodacom who headed its international operations,
> has had his contract terminated and Strategy Director Robert Pasley has
> resigned. Willem Swart, put in as CEO, has resigned from Vodacom, but will
> remain with Vee Networks as its CEO.
>
> According to This Day Mthembu and Pasley are said to have been in breach of
> Vodacom's corporate governance principles by providing a "side agreement"
> which had served as a "letter of comfort" to the former EWN without the
> knowledge or ratification by the board before the Management Agreement was
> signed. The Vodacom board had included some clauses in the provisional
> agreement and had expected Vee Network (formerly EWN) to fulfil them.
>
> Vee Networks Public Relations Manager, Emeka Opara, said last week that
> "Vodacom had last week issued a statement in South Africa to the effect
> that it did not find any evidence of corruption in Vee Networks after a
> thorough due diligence."
>
> According to Opara, the Vodacom's statement stated inter alia: "Whilst
> Vodacom has a management agreement to manage Vee Networks previously known
> as EWN [Econet Wireless Nigeria] as from 1 April 2004, no decision has been
> made to conclude a transaction whereby Vodacom will acquire equity in any
> company effectively controlling Vee Networks.
>
> "The previous management of EWN paid approximately 50% of brokerage fees,
> as approved by the Board of EWN in 2002, during the course of 2003. These
> brokerage fees were for raising equity in EWN".
>
> "After receiving allegations that the monies so paid in 2003 were improper,
> Vodacom engaged the services of expert legal counsel to do a due diligence
> in order to ascertain whether those allegations were true.
>
> "As a result of the ensuing due diligence legal counsel concluded that no
> evidence could be found to suggest that they were improper. The balance,
> approximately 50%, of the brokerage fees is still outstanding."
>
> According to This Day, in a post pull-out agreement with the Board of Vee
> Network, both parties agreed that personnel could transfer without
> statutory notice periods and loss of benefits. Vee Network would be allowed
> to trade with the Vee Network brand name for only three months ending
> September 1, 2004 or until the Nigerian company finds another partner or
> change names but within the three-month period. It was also agreed that
> Vodacom in all its correspondences and statements about the pullout from
> Nigeria will desist from alleging that it was because of corruption as Vee
> Network insisted the brokerage payments were not bribes.
>
>
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>_ TELECOM NEWS
> ___________________________________________________________________________
>_
>
> * STRIKES THREATEN PRIVATISATION OF NIGER'S SONITEL
>
> Staff at Niger's Sonitel - which has been in the hands of a Sino-Libyan
> consortium since last year - have decided to mount a series of strikes to
> try and have the company renationalised by the Government.
>
> Local reports say that there has been some surprise that the company was
> sold to a pair of companies that had no experience of operating a telco in
> sub-Sharan Africa or any familiarity with Niger culture. Others were
> surprised that Sonatel was passed over as a bidder as it seems to have
> purchased more or less any other incumbent telco in francophone countries.
>
> More seriously the strikers believe that it was a serious psychological
> error to appoint a Chinese women as Financial Controller. "La Chinoise" as
> she is apparently referred to by staff wields more authority than the
> senior Niger managers. This situation led to the Administrative Director
> writing an Open Letter to the Government and the Conseil d'Administration.
> Subsequently the unfortunate Controller was sent back to China and the
> complaining Administrative Director found himself sent to a more junior
> post in the interior of Niger.
>
> The Conseil d'Administration has also refused to honour FCFA million of
> salary increases which staff believe were agreed as part of the sale.
> Incredibly these include 20% salary increases for those with 0 to 5 years
> service, 30% for those with 6-10 years service and only 3% for those with
> over 10 years service. On this basis it's hardly surprising that the
> company is refusing to pay the salary increases.
> (SOURCE: Altervision)
> LIRE EN FRANCAIS APRES 15.00 GMT, 7 JUNE:
> http://www.balancingact-africa.com/news/french.html
>
> Advertisement: ISPeed Your World with http://www.GilatSatcom.com
>
>
> * GHANA TELECOM LOSING USD5 MILLION MONTHLY DUE TO VOIP AND STAFF FREE USE
> OF SERVICES
>
> According to Ministry of Communications sources a committee set up by the
> Auditor-General to investigate monthly losses of USD5.1 million at Ghana
> Telecom has found two main sources. It believes that leakage of
> international traffic worth Â45 billion via VOIP terminations in the grey
> market is one cause. The other is the use of free phone calls by staff,
> ex-staff and former Board Members worth Â250 million a month.
>
> A report in the Daily Dispatch identified a a call diversion scam (similar
> to the one found at Kenya Telkom) where employees divert calls so that they
> can sell them outside of Ghana Telecom and pocket the money. Apparently the
> Committee's findings mention contract personnel on attachment to the
> Engineering Section Installation, Survey, Customer Services Point and Test
> Room as where illegal connections might be happening. Also, code numbers
> usually known to only the GT technical staff for operational purposes are
> identified and access gained for free telephone calls.
> (SOURCE: Ghana Web)
>
>
> * MALI'S SOTELMA TO PUT FCFA25 BILLION INTO NETWORK UPGRADE
> PRE-PRIVATISATION
>
>
> Sotelma is to spend FCFA25 billion to rehabilitate its network before
> privatisation. It signed a finance agreement last week at a meeting
> attended by the Minister of Communications Gaoussou Drabo in Hotel Salam.
> The financial partners underwriting the loans for the upgrade included
> BIM-SA, Belgolaise, CCIM and Ecobank. Also in attendance was equipment
> vendor Siemens in the person of Bob Van der Linden. BIM-SA is the principal
> financial partner who helped raise the funds from other consortium members.
> Belgolaise described itself as a financial and strategic partner of
> Siemens.
>
> The PDG of Sotelma Cheick Sidi Mohamed Nimaga said he believed that the
> financing of the upgrade would reinforce the incumbent's leadership in the
> sub-region and would guarantee the success of the privatisation. No
> specific plans have yet been announced.
> (SOURCE: Info Matin)
> LIRE EN FRANCAIS APRES 15.00 GMT, 7 JUNE:
> http://www.balancingact-africa.com/news/french.html
>
>
> * ZANTEL TO OPERATE ON MAINLAND TANZANIA NEXT FEBRUARY
>
> Zanzibar-based mobile phone company ZANTEL will start operations in
> Tanzania Mainland next February, the Tanzania Communications Regulatory
> Authority (TCRA) has announced.
>
> The TCRA Public Relations Manager, Isaac Mruma, said ZANTEL, which has been
> struggling for years to expand its services to the Mainland, would be free
> to do so when the monopoly over use of communications links that the
> Tanzania Telecommunication Company Limited (TTCL) enjoys expires.
>
> Mruma said one of the conditions in the lease agreement of TTCL was that
> all other mobile phone companies had to use its satellite centre at Mwenge
> in Dar es Salaam as their gateway. He said presently, ZANTEL is barred from
> using its devices because of that legal agreement which is still in force
> until February next year.
>
> "From February next year each mobile phone service provider will be free to
> provide services countrywide without using the TTCL's facilities," he said.
> ZANTEL rejected to use the TTCL gateway because it has its own gateway for
> both local and international calls located at Amani in Zanzibar.
> (SOURCE: Guardian)
>
>
> * MOZAMBIQUE'S MCEL SIGNS FRAME AGREEMENT WITH ERICSSON
>
> Ericsson SA has entered into a frame agreement with mCel, MozambiqueÂs
> leading cellular provider, that will be worth US$10 million over three
> years.The agreement was set in place to allow mCel to cater for the
> expected expansion of its mobile GSM network. Under the terms of the deal,
> Ericsson will initially supply the Microwave transmission equipment for
> mCel as well as support services. The first purchase order comprises the
> supply of Mini Link transmission equipment to the value of MUSD 1,7.
>
>
> * IN BRIEF
>
> - The Nigerian Civil Aviation Authority has given mobile telephone
> operator, M-Tel until next Tuesday to pull down a mast said to have been
> illegally erected in Zaria
>
> - Econet Wireless Zimbabwe has upgraded its Service Node Prepaid platform
> to Comverse's Real-Time Billing Solution. Seen as one of the strategic
> partners of Comverse in Africa, Econet has deployed value-added services
> from Comverse since 1999.
>
> - The growth in Botswana's mobile phone teledensity has outstripped that
> of fixed lines by 27 percent since 1996, aBotswana Telecommunications
> Authority (BTA) official said last week. Addressing Gaborone councillors at
> a full council meeting, Aron Nyeledzi said that the growth in mobile lines
> grew from zero in 1996 to 518,013 as at the end of February 2004. This
> represents a teledensity of 31 percent or 31 lines for every hundred
> people. On the other hand there were four lines per 100 people in Botswana
> by February 2004 after a growth of four percent since 1996 which translates
> to 133,740. In 1996, the fixed telephone teledensity stood at four percent.
>
> - Kenya's Safaricom subscribers went without mobile phone services after
> the network collapsed for the better part of a day last week. The network
> pointed accusing fingers at TelKom Kenya for failing to provide the
> necessary links. The hitch disabled Safaricom subscribers as they could
> neither make or receive calls nor send short text messages.
>
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>_ TELECOM RATES, OFFERS AND COVERAGE
> ___________________________________________________________________________
>_
>
> - Celtel Uganda plans a major rollout programme to cover key centres in
> the country. The move is part of the mobile phone service provider's
> strategy to bring services nearer to its. "Vital to the new network rollout
> is Celtel's strategy to have network coverage available wherever its
> customers live, work or travel," Celtel's marketing operations manager, Ms
> Jackie Namara said last week.
>
> - Last week saw the launch of a tripartite partnership between
> Interbancaria de serviÃos (EMIS), AngolaTelecom and Movicel to offer
> pre-paid top-ups and bill payment.
>
> - Millicom Sierra Leone will introduce Buzz-top-up cards denominated in
> Leones. The cards available will be in Le5,000, Le10,000, Le25,000 and
> Le150,000 pieces. The company made this decision after questioning a number
> of subscribers who said that they preferred a Leone based system.
>
> - Nitel is to roll-out fixed wireless access to Onitsha, Abambra State,
> Enugu, Abuja and Lagos in the third quarter of this year. He also said the
> tendering process for the provision of 250,000 digital lines in Lagos has
> been concluded with the signing of the supply contract agreement by NITEL
> and two suppliers, namely Siemens Limited and Huawei Technologies Limited.
> He stressed that the organization was in the process of concluding the
> financing arrangement.
>
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>_ INTERNET NEWS
> ___________________________________________________________________________
>_
>
> * INTERNET BANK 20TWENTY GEARS UP FOR RELAUNCH
>
> Internet bank 20twenty is gearing up to re-enter the South African market
> next week.The bank was bought by emerging market heavyweight Standard
> Chartered Bank last year for about 10m after it was placed under
> curatorship with former parent group Saambou early in 2002.
>
> Despite the problems the bank faced, it said only 6% of its 40,000
> customers closed their accounts, and about half of the remaining customers
> had remained active, despite scaled-back services during its curatorship.
>
> CEO Christo Davel said last week that the bank aimed to grow its customer
> base to 300,000 over the next five years, based on the assumption that
> online banking customers would number about 3-million by then.
>
> Apart from new features when it relaunched, 20twenty's offering would be
> expanded to include mortgage and vehicle finance by year-end, said Davel.
> (SOURCE: Business Day)
>
> * ZIMBABWE SET TO FORCE ISPS TO DISCLOSE "OFFENSIVE OR DANGEROUS" MESSAGES
>
> The Zimbabwean government has proposed obliging its internet service
> providers to divulge details of e-mails deemed offensive or dangerous.
> Zispa, the local ISP association, has asked the government to clarify its
> proposed addendum to providers' franchise contracts. One ISP told BBC News
> Online it was not a provider's duty to police the net.
> President Robert Mugabe has suggested the internet, widely developed in
> Zimbabwe, is a tool of colonialists.
>
> For the rest of this story, go to:
> http://www.balancingact-africa.com
> After 1500 hours GMT, Monday 7 June
>
> * TISCALI WANTS R300M FOR ITS SA OPERATIONS
>
> Internet communications group Tiscali International's SA operations are in
> the throes of a bidding process that has been narrowed to five possible
> buyers. There is speculation is that the asking price is more than R300
> million.
>
> Sources familiar with Tiscali South Africa say that the final list of five
> bidders has been selected, and that due diligence investigations are now
> underway. They expect the winner to be announced within the next two weeks.
>
>
> While the identities of the final five bidders have been kept a closely
> guarded secret, there is considerable speculation that at least two of the
> country's top four Internet service providers (ISPs), namely Telkom and
> M-Web are in the running.
>
> Currently Tiscali is rated as the second largest ISP in South Africa's
> dial-up market with around 100,000 subscribers. M-Web is the largest with
> around 250 000 and Telkom Internet and Absa Internet run close in third and
> fourth place.
> (SOURCE: IT Web)
>
> * IN BRIEF
>
> - The Ugandan regulator UCC has decided to scrap the licensing of ISPs and
> declare 802.11b free spectrum to encorage internet take-up.
>
> - SA's Telkom has launched a new version of its TelkomInternet ADSL
> offering, which will provide niche customers with unshaped international
> bandwidth with a 4GB monthly cap. The new offering is aimed at users in the
> high end of the market who require quick response times, notably traders,
> stockbrokers and gamers, who constitute about 7% of the market.
>
> - Concerns have been raised about the draft Nigerian Cybercrime Act that
> states that all service providers should keep "transactional records of
> operations generated in their systems and networks for a minimum of five
> years." There is no definition given for "transactional records" which
> could cover an enormous range of items and intrude on the individual
> privacy of Nigerian citizens.
>
>
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> _________________________________________________________________________
> COMPUTER NEWS
> _________________________________________________________________________
>
> * GHANAIAN GOVERNMENT AWARDS CONTRACTS FOR REGIONAL ICT CENTRES
>
> The Ghanaian Government has awarded contracts to the tune of one billion
> cedis for the provision of Information and Communication Technology (ICT)
> centres in all districts of the Upper West Region, Sahanun Mogtari, the
> Regional Minister announced at Wa last Wednesday. When completed, he said,
> these centres would be equipped with satellite facilities to enable more
> people in the region to access the Internet and its related facilities.
> Source: GNA
>
>
> * ZAMBIAN COMPUTER SOCIETY PRESIDENT RECOMMENDS COMPUTER REGISTRATION
>
> Computer Society of Zambia President Milner Makuni is proposing an
> amendement to the Computer Bill that would register all computers when they
> bought, writes Balancing Act's Zambian Correspondent Timothy Kasolo.
> The Computer Bill's objectives are to provide for the registration of
> computers and to prohibit the unauthorized access, access or modification
> of data stored in a computer.When amending the bill Makuni explained that
> the government would want all the computers purchased to be registered and
> all the details recorded by the computer registrar.
>
> Registration would cost users a fee and they would be fined if they did not
> comply. However members of the Society concluded their debate on the issue
> by saying that such a proposal would contravene the rights of individual
> citizens and discourage the use of ICT.
>
> But CSZ secretary Collins Chinyama observed that the IT professionals
> should come in force and contribute to the bill before it is enacted
> Chinyama added that IT professionals must contribute to the bill so that
> they do not come and complain that the bill is not addressing most IT
> issues.
>
>
> * MICROSOFT INVESTS N20M IN LAGOS DIGITAL VILLAGE
>
> Microsoft will invest an estimated sum of N20 million in partnering the
> recently commissioned Lagos Digital Village (LDV). The LDV, is the second
> of its kind in the country partnered by Microsoft, after the Owerri Digital
> Village (WDV).
>
> The centre, is to offer Information and Communications Technologies (ICTs)
> services to the citizenry, and has cyber cafe, computer literacy training
> unit, virtual library facilities and video conferencing. Speaking to
> newsmen at the commissioning of the centre located at Lagos Mainland
> Library, Ebute-Meta, Yaba, country manager Microsoft Nigeria, Mr. Gerald
> Ilukwe, said his firm's contribution financially amounts to an estimated
> N20 million. (SOURCE: Daily Champion)
>
>
> * IN BRIEF
>
> - Last week, a container of Macs left for Zambia sent by World Computer
> Exchange. Programme Officer, Will Loving, contacted Mac users groups across
> the States seeking parts and pieces that he and its partner thought would
> be hard to purchase in Zambia and these were included in the container.
>
> ___________________________________________________________________________
> ON THE MONEY
> ___________________________________________________________________________
>
> For both of these stories, go to:
> http://www.balancingact-africa.com
> After 1500 hours GMT, Monday 7 June
>
> * TELECEL PLANS TO LIST ON THE LUSAKA STOCK EXCHANGE
>
> * THE CELTEL PURCHASE OF KENCELL - THE STORY BEHIND THE DEAL
>
>
> * IN BRIEF
>
> - Vodafone-Egypt released audited FY04 results ending March, confirming
> its preliminary announcement of LE1,078 million net profit, reflecting a
> 111% increase over the LE511 million recorded in FY03.
>
> - Nigeria's mobile operator, MTN, has recorded a profit of N24.6 billion
> for the half-year ended September 30, 2003.
> ___________________________________________________________________________
>_ WEB NEWS
> ___________________________________________________________________________
>_
>
> * PINK AVIATION SAYS SITE'S ACCUSATIONS AGAINST GHANAIAN AIR FORCE ARE ALL
> TRUE
>
> The Managing Director (MD) of Pink Aviation Services, Thomas Lewetz, has
> stated categorically that the website www.ghanaairforce.com is neither
> illegal nor fraudulent. He made this known to the Chronicle last Monday
> through the electronic mail (e-mail) saying that Lawyers have examined the
> site and found nothing illegal about it. He said he had been contacted two
> times by Ghanaian government officials on the matter of the website and was
> asked to put the site off line.
>
> According to Thomas Lewetz, he asked them to solve the problem which caused
> the establishment of the site. "They could not tell me that anything on the
> website was not true," he added. "Our airplanes are still seized by Ghana
> Armed Forces without giving us any reason why. This appears to be illegal
> and fraudulent. We have never been contacted because we did something
> wrong," Mr. Lewetz continued. He said Pink Aviation had never had an answer
> to several letters to Ghana Armed Forces requesting the release of the
> airplanes.
>
> The MD held that his company had however been informed that there was a
> problem inside Ghana Armed Forces and they had been asked to co -operate in
> the matter. "There is still no co - operation from Ghana Armed Forces in
> solving the problem of our fully paid property sitting in Takoradi," he
> lamented. He said all statements on the website were true and they were the
> facts.
>
> The Pink Aviation Boss further said that GAF had accepted their bid,
> requested the payment, received full payment as requested, accepted to
> start work on the airplanes but as the airplanes were ready for the ferry
> flight, they just seized the airplanes without any reason.
>
> "We have to protect our property, since we are not in a position to leave
> $100,000 and more in Ghana, without any compensation and we can not accept
> that Ghana Armed Forces sold the airplanes to us, let us bring them back to
> an airworthy condition and then tried to sell the same airplanes again to
> another party. This is indecent and illegal."
>
> He concluded by saying that as soon as Ghana Armed Forces fulfilled the
> obligations by accepting the company's bid by delivering the aircraft to
> Pink Aviation Services as legal owners, the website would be off line.
> (SOURCE: Ghanaian Chronicle)
>
> * IN BRIEF
>
> - Three Blind Mice Communications (TBM), a 75% black controlled media and
> IT company, received the Runner Up Award in the "Organisations: SMME"
> category of the National Science & Technology Forum (NSTF) 2003 Awards. A
> Gala Awards Dinner was held on Friday evening, 28 May 2004 at Caesar's in
> Gauteng.
>
> - SA's first ever online dating survey is being launched this week by
> NETucation, an independent Internet marketing and research company.
> According to Ramon Thomas, MD of NETucation, ÂOnline dating is one of the
> secret success stories of the Internet, and we are aiming to put the
> spotlight on this and other new techno-centric dating trends. NETucation
> estimates the size of this market to be about 100 000 to 150 000 active
> users. This is a fraction of SA's more than 3,5m Internet users, and
> substantially less than the one million Online Banking users, reported
> earlier in 2004 by World Wide Worx.
> The South African Online Dating Survey can be accessed at:
> http://www.netucation.co.za/surveys/index.php?sid=1
>
> Advertisment:
>
> Sky 2 Net LTD providing A-Z solution for Internet & VOIP via satellite
> (C-Band) that covers all Africa and Asia. The solutions including
> end-to-end Equipment of V-sat, wireless, VOIP, Bandwidth Management and
> Anti-Spam (outgoing). Sky 2 Net provide Internet and International call
> termination and generation for prepaid cards and regular operators.
> - Web Site: www.sky2net.net
> - E-Mail: [EMAIL PROTECTED]
> - Tel: +972-54-233261
> __________________________________________________________________________
> PEOPLE
> __________________________________________________________________________
>
> * Zambia's Itezhi-Tezhi District Commissioner Godfrey Beene has cited the
> lack of reliable communication infrastructure as negating development in
> his area. Beene appealed to the government to facilitate enhanced
> communication in the area to tap its tourism potential effectively.
> "The tourism potential here is immense but there is a problem of
> communication. We are requesting the government to provide us with a system
> of phones for communication," he said. Beene disclosed that telephone lines
> in the area had not been working for over a year. He said the only slight
> improvement experienced last week when people were only able to receive
> calls and not call out because the Vice-President was expected in the area.
> "If one wants to send a message to Lusaka, they have to go to Zesco Limited
> to use their radio system to contact Namwala. Namwala then relays the
> message to Choma, where it is finally forwarded to Lusaka," he explained.
> "Now, this is a very long process and this is why Zamtel should speedily
> move to address the matter."
>
> * After 10 years with the CTO, Tim Eyres is leaving to join BT Telconsult
>  the consultancy arm of the BT Group  as the Business Development
> Manager, Middle East, to re-establish TelconsultÂs presence in the Region.
>
> * Several things you didn't know about Wananchi's Njeri Rionge. According
> to an Eastern Standard Interview she studies three different university
> courses without finishing any and was the consummate party animal.
> Motherhood and her responsibilities as Wananchi's CEO have changed all
> that. Her eventual goal? To become the CEO of the biggest Internet provider
> in Africa.
> __________________________________________________________________________
> EVENTS
> __________________________________________________________________________
>
> For details of these events, go to:
> http://www.balancingact-africa.com
> After 1500 hours GMT, Monday 7 June
>
> * ACT 2004, MAURITIUS (7-9 SEPTEMBER)
>
> * ARIN WILL HOLD AN AFRICAN REGIONAL MEETING IN DAR ES SALAAM,
>
>
> Advertisement: For details of ACT 2004 in Mauritius:
> http://www.aitecafrica.com
>
> __________________________________________________________________________
> JOBS AND OPPORTUNITIES
> __________________________________________________________________________
>
> - A well known radio company is looking for Sudanese nationals who are
> qualified Site Engineers and Transmission Engineers. Submit your resume at
> www.delconsulting.com
>
> ___________________________________________________________________________
>_ BACK NUMBERS - FINDING THE INFORMATION YOU NEED
> ___________________________________________________________________________
>_ If you need to find information in our back numbers, you can do this in
> one of two ways. Either go to our full archive clicking on the link below:
> http://www.balancingact-africa.com/news/backindex.html
> or use google just to search our site clicking on the link below:
> http://www.balancingact-africa.com/search.html
> ___________________________________________________________________________
> NEW 2004 RATE CARD AVAILABLE
> ___________________________________________________________________________
>
> To see a copy of our new rate card for 2004, e-mail a request to:
> ([EMAIL PROTECTED]) Don't get left behind. Be seen and known
> through advertising in our e-letter and on our web-site.
> ___________________________________________________________________________
>_ All material printed in Balancing Act's News Update is subject to
> copyright. Reproduction in whole or in part is prohibited without the
> express permission of the publisher.
> ___________________________________________________________________________
>_
>
>
>
> http://allafrica.com/stories/200406060092.html


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