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Boko refutes Khama’s claims

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NOT TRUE: UDC leader Duma Boko says they never engaged with BPF

Umbrella for Democratic Change (UDC) President Advocate Duma Boko says they have not held any official meeting with former President Dr Ian Khama or newly-formed Botswana Patriotic Front (BPF).

According to Boko they would only engage with the new kid on the block after it is formerly registered. Dr Khama told the BPF inaugural meeting on Saturday at Maharaja Conference Centre that he has met with the UDC leader and prospects of the BPF working together with UDC are high.

Dr Khama stated that the BPF has the same aim as that of the UDC which is to unseat BDP in this year’s general elections. BPF is expected to hold its elective congress and launch in Kanye two weeks after the registration of its Constitution.

The party has been grappling with registering its Constitution on claims that they are being sent between the Registrar of Societies Office and Attorney General. BPF Convener Biggie Butale said they have been promised to have their constitution registered this week. Butale who was sacked as Assistant Minister of Health and Wellness said once the Constitution is registered, they would be preparing for the Congress and launch.

On Tuesday Boko told the media that there has never been any formal meeting with BPF or any of its leaders. He stated that once the new party has finalised organising itself they would take it from there.

“Once they have organised themselves we will await their formal communication. We would take it from there but as of now there is nothing. “As for the former president I only met him after vacating the office of state presidency. I met him for the second time when he invited me at the time he was in the middle of his fighting with the government. He just wanted my legal opinion, which I gave him,” said the UDC leader.

BPF has expressed its interest in working with the UDC for the 2019 general elections. Butale indicated that they would engage with the UDC leadership to find ways of working together.

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5 Forex Tools that every African trader must know

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Trading in the foreign exchange market can be intimidating for any African retail trader, regardless of whether they are beginners or experienced traders.

Therefore, all African traders must use a solid trading strategy and a range of trading tools to assist them in their trading decisions. Forex trading tools can be accessed through a forex trading platform and a forex broker, who often offer this for free or as a paid service.

There are hundreds of helpful forex tools that African traders can use, and these are some of the best ones.

Economic Calendar

An economic calendar is one of the most useful and powerful forex trading tools for African forex traders. The calendar features a list of economic releases and geopolitical events, amongst other things according to their date, location, and level of importance.

African traders can gain insight into future market consensus, historical released outcomes, central bank policy statements, monetary policies and policymaker speeches, upcoming elections, and so on.

Trading Signals

Trading signals are another popular tool that traders can use to help them make accurate and dependable predictions on price movements in the forex market. Trading signals are popular tools for forex traders because they can trigger buy or sell actions according to predetermined criteria.

Trading signals can consist of criteria such as volume surges, earnings reports, or using certain existing signals. Technical analysis is an important component in using trading signals as it can help traders recognise the types of trading indicators that they can use to complement their trading style.

However, quantitative analysis, market sentiment measures, and fundamental analysis tools are also important considerations for making informed trading decisions. Trading signals can help successful traders remain focused in volatile markets, helping them identify perfect trading opportunities, market trends, resistance levels, and market movements in a range of markets.

Trading Platforms

Trading platforms refer to the software applications that African traders use to carry out trades. This is not the only function of a forex trading platform, and it can be used for in-depth analysis and other functions.

Trading platforms feature a wide range of tools for traders including an economic calendar, technical indicators, educational resources, and more. Trading platforms have comprehensive charting capabilities, with price charts that can be viewed in different time frames across different financial markets.

Trading Journal

All market participants are urged to keep a comprehensive trading journal, providing them with a detailed record of their past trades.

By keeping a trading journal, African traders can take note of their successful trades, the trading strategies they use, and they can note their mistakes to allow them to improve on their strategies.

Some information the trading journal must include is:

  • The date on which trades are executed
  • The currency pair or financial instrument is traded along with the entries and exits.
  • Whether the trader entered a buy or sell position
  • The price at which the trade was entered and the closing price when it was closed
  • The amounts of pips gained or lost along with their value in base currency
  • The technical indicators or trading strategies used

Calculators

African traders have a wide range of calculators that will save them a significant amount of time in preparing for different market conditions. These calculators include some of the following:

  • Margin calculators
  • Profit calculators
  • Currency converters
  • Volatility calculators
  • Pip calculators, and several others.
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Church distances itself from Pastor who livestreamed his suicide

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Head Pastor at Metsimotlhabe Holiness Union Church France Koosimile has distanced his church from Phenyo Godfrey who committed suicide live on social media a week ago. Speaking to this publication this week, Koosimile said Godfrey was never a Pastor at Holiness church as assumed by many.

Godfrey, who goes by the name Bishop P Godfrey on social media, allegedly shot a video of himself committing suicide on Sunday evening. According to a few friends and those close to Godfrey, the deceased was from Molepolole and has been identified as a pastor at Holiness Union Church in Metsimotlhabe.

On the evening  of Sunday last week, he went live on Facebook and proceeded to put a rope around his neck. He was seen in the short video hanging by the neck until he took his last breath. TO READ THE FULL STORY, BUY THIS WEEK’S (11 August 2021)  PRINT EDITION OF THE MIDWEEK SUN AT A STORE NEAR YOU.

 

 

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