President Jacob Zuma has arrived in neighbouring Botswana for a two-day state visit. His trip to that country follows the successful state visit of President Seretse Khama Ian Khama to South Africa in October 2010, during which the two countries reviewed progress in various areas of bilateral cooperation.
After much delay, the controversial Sovereign Wealth Fund (SWF) will become operational October 2, 2012 following the federal government's approval of its Board and appointment of its key management officers. The SWF will commence with an initial capital of $1 billion.
Kigali â€” Mozambican President Armando Guebuza is due to arrive in Kigali on Tuesday for a two day visit to Rwanda, aimed at persuading the Rwandan government to end its support for the M-23 rebels in the east of the Democratic Republic of Congo (DRC).