Skip to main content

Botswana

The Republic of Botswana, since it's independence from Great Britain in 1966, has had consistently one of the most prosperous economies in Africa with one of the most stable political climates. It is a landlocked country in southern Africa, sharing borders with Namibia, Zimbabwe, and South Africa. Botswana is a constitutional republic with a multiparty system. They have an executive branch, headed by President Ian Khama, and a legislative branch. The most popular political party is the Botswana Democratic Party. The country is also rich in natural resources, specifically diamonds and it actually has one of the largest diamond mines in the world, and the mineral industry makes up about 40% of all of government revenue. 

General Information about The Republic of Botswana:

Official Name: Republic of Botswana, Lefatshe la Botswana Capital: Gaborone Population: 204,000 Languages: English, Setswana 
Geographic Region: Africa Southern Africa Geographic Size (km sq): 582,000 
Year of UN Membership: 1966 
Year of Present State Formation: 1966 Current UN Representative: Charles Thembani Ntwaagae

Comments

Popular posts from this blog

The Rise and Fall of LEHMAN BROTHERS

Lehman Brothers’ stock was selling at $86 a share in February 2007, giving the company a market capitalisation of nearly $60 billion. For the year, the company reported a new record high in net income, over $4 billion. In January 2008, Lehman Brothers was the fourth-largest investment bank in the U.S. In March, immediately after Bear Stearns (the second largest holder of mortgage backed securities, right after Lehman Brothers) almost collapsed, Lehman stock dropped by almost 50%. In June, the company reported a quarterly loss of $2.8 billion, its first quarterly loss since being spun off from American Express way back in 1994. By the end of 2008, Lehman Brothers Holdings Inc. had vanished from the investment banking landscape, the largest corporate bankruptcy filing (with $619  billion  in debt) in U.S. history.   The Beginnings of Lehman Brothers            Source: HBS Lehman Brothers was founded in t...

The Dark Towers: Deutsche Bank

Deutsche Bank, where do we begin? Once upon a time, it was seen as one of Europe’s strongest bank. But the German bank has been plagued by a series of contravertial issues. If we take a look at the bank’s stock price over time, we can observe that after recovering from the financial crisis in 2008, the company lost almost 75% of its market value. And today we will explore some of the reasons for that decline.         Source: The New York Times Deutsche has paid   18 billion dollars in fines this decade, with more than 10 billion dollars occurring in the last five years. In 2015, it was fined 2.5 billion dollars by US and UK regulators for its role in rigging the Libor scandal. Moreover, in that same year, it was further fined 258 million dollars for violating US sanctions against Iran and Syria. In 2008, Deutsche was among the leaders in mortgage backed securities. Not only was it selling toxic investments but it was also betting against the produ...

Progress in Public Health

Progress in Public Health has been quite challenging, owing to terrible disasters.... both natural and those initiated by man. The loss to life and property has been tremendous. Ex- Bombing at a graduation ceremony at a Medical College, in Mogadishu has been ranked as the most devastating loss of human life in recent history. Natural disasters such as earthquakes, famines, floods, landslides, etc, have also led to serious destruction to life and property.* The problems that generally arise after a disaster lead to diseases associated with poor water supply and sanitation. At times health centres too are damaged and erratic delivery of medicines and care lead to further problems. The W.H.O. in the past and present facade has made immense progress in the nature of dealing with emergencies in public health during disasters. They aim at: 1) Assessing the nature and magnitude of the disaster 2) To treat the injured 3) To recover bodies 4) To set-up surveillance for infectious diseases 5) Pr...