44 Articles found on Monday, 6 July 2009

German banks under fire for not passing on credit

06-07-2009

BERLIN – German banks are doing too little to pass on credit and the government may need to consider measures other than its ‘bad bank ‘ plan to ward off a severe credit crunch, politicians said at

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Russia plays cheque book diplomacy

06-07-2009

MOSCOW – Russia is using its energy wealth to shore up influence abroad, pouring billions of dollars in loans and grants into former Soviet states and long-standing allies – even as it faces its own

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Zim to re-evaluate all mining contracts

06-07-2009

HARARE – Zimbabwe will re-evaluate all mining contracts and introduce a ‘use it or lose it’ policy for its mining industry under a proposed law, Finance Minister Tendai Biti told Reuters on Friday.

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Rising debt may be next crisis

06-07-2009

WASHINGTON – United States Founding Fathers left one legacy not celebrated on Independence Day but which affects all US citizens. It’s the national debt. The country first got into debt to help pay

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South African inflation targeting to stay, says Gordham

06-07-2009

CAPE TOWN – South Africa will keep its policy of targeting inflation, which has helped to stabilise prices and encouraged economic growth, Finance Minister Pravin Gordhan said on Friday. Gordhan

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Feds seize Madoff penthouse

06-07-2009

NEW YORK - Federal marshals seized disgraced financier Bernard Madoff’s US$7 million Manhattan penthouse on Thursday and forced his wife to move out and leave her possessions behind, including a fur

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Imara group launches African resources fund

06-07-2009

JOHANNESBURG - Botswana-based financial services group Imara launched an investment fund on Thursday that focuses on African resources. This is the latest in its series of niche investment vehicles on

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Dollar status unlikely to be in G8 communique

06-07-2009

G8 communique – G8 source THE dollar’s status as the top global reserve currency is unlikely to be mentioned explicitly in the final communique at this week’s Group of Eight summit, a European G8

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Potter actor gets swine flu

06-07-2009

LONDON – Actor Rupert Grint, who plays Ron Weasley in the Harry Potter films, has contracted swine flu, his publicist said on Saturday, three days before the latest Potter blockbuster premieres in

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Jackson fans prepare farewell

06-07-2009

LOS ANGELES – Hundreds of millions of fans across the world will bid a final farewell to Michael Jackson tomorrow in a lavish memorial to the tragic ‘King of Pop’ expected to bring America to a

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SA’s own Josef Fritzl

06-07-2009

CAPE TOWN – A teenager who came all the way from Germany to meet her biological father for the first time, was allegedly kept as a sex slave by him in his home in Muizenberg. Her shocked mother said

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Devastating floods hit China

06-07-2009

BEIJING – At least 16 people have died and more than 320 000 have evacuated homes in southern and central China after heavy rains toppled houses, flooded roads and damaged a dam, news reports say.

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Exiled Honduran leader vows return for showdown

06-07-2009

TEGUCIGALPA – Honduras braced for confrontation yesterday as ousted President Manuel Zelaya insisted he was coming home to reclaim his post, urging his supporters to mass at the airport for a

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Rioters battle with police in Hamburg

06-07-2009

BERLIN – Around a thousand demonstrators threw stones and bottles at police after a riot broke out in Hamburg on Saturday night and stretched into the early hours of yesterday, a police spokesman

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Nude safety videos on Air NZ

06-07-2009

WELLINGTON – New Zealand’s national airline has adopted a cheeky way to encourage passengers to watch its in-flight safety video: The cabin crew’s uniforms are nothing but body paint. The “Bare

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Children snatched for rituals

06-07-2009

KANO – Child abduction for ritual killings is on the rise in the Nigerian city of Kano, say officials and advocacy groups who blame the trend on greed for political power and quick wealth in this

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Bakari a mona kOfamili ye

06-07-2009

LE BOURGET – Okakadhona koomvula 14, hoka ka hupu moshiponga shodhila ya Yemen ndjoka ya gwile mefuta lya India omasiku ngaka, oka li ka falwa ku he ko France mEtine. Okakadhona haka Bahai Bakari,

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Unicef a gandja omiti dhokuyeleka omeya kElelo lya Ndangwa

06-07-2009

ONKUNDANA ye tu zilila mOndangwa otayi ti kutya Unicef meti: 27 Juni 2009 okwa gandja omagano gomiti dhokuyeleka omeya uupakete wu li 137,500 koonakuhepekwa komeya gefundja, mboka ya kala ye li

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Aanangeshefa mOnoolu itaya yakulwa nawa: ehangano lyAanangeshefa otali ti

06-07-2009

PETHIMBO lyetalelopo lye koNooli iiwike ya zi ko, Omunambelewa Omukuluntupitithi gwEhangano lyAanangeshefa moNamibia, Tarah Shaanika, okwa gandja euvonayi lye kombinga yomayakulo kaage li nawa taga

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Oonakukwatwa nokokeina ya pewa egeelo

06-07-2009

AANGOLA yane mboka ya li ya kwatwa po mu Apiilili nuumvo nokokeina ya li ye holoke momalutu gawo, mEtiyali lyoshiwike sha zi ko oya li ya pewa egeelo lyoomvula hetatau konima yekupumba kehe gumwe.

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Lions equal record win

06-07-2009

JOHANNESBURG - The British and Irish Lions avoided a second successive series whitewash by producing a spirited display of attacking rugby to beat South Africa 28-9 in the third and final test at

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World Sport Briefs

06-07-2009

PAKISTAN took a first innings lead of 50 runs in the first cricket Test against Sri Lanka yesterday. Pakistan, replying to Sri Lanka’s first innings total of 292, were bowled out for 342 shortly

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Owen snapped up by Man Utd

06-07-2009

MANCHESTER - Michael Owen has grabbed the chance to resurrect his career by joining Manchester United and pledged to repay manager Alex Ferguson for giving him a platform on which to shine with the

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Serena captures Wimbledon title

06-07-2009

LONDON - Serena Williams can stomach her sister’s name emblazoned on the singles trophy, she even accepted the smaller room in their rented house, but she put her foot down to snatch back the

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Leadership row unresolved in Astana

06-07-2009

MONACO - Astana manager Johan Bruyneel faces a dilemma over which of his men to back for victory after four of the team’s riders, including Lance Armstrong, were in the top 10 of the Tour de France

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Cavendish in sprint test as Tour de France goes into third stage

06-07-2009

BRIGNOLES - Britain’s Mark Cavendish is likely to find out the real strength in depth of his rivals on the Tour de France in the race’s third stage from Marseille to La Grande Motte today. The key to

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Richards on fire in Oslo

06-07-2009

OSLO - Sanya Richards of the USA set a year best time Friday in winning the 400m Golden League meeting at Oslo in 49.23sec. Richards is now gunning for the jackpot having already won the Golden

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Boxing goes on despite failed tests

06-07-2009

THE highly anticipated boxing bonanza by Dolph No Limit Boxing Promotions was reduced to a low-key affair, after several boxers failed medical tests ahead of their fights on Saturday night. Three

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SMS for Monday 06 JUNE 2009

06-07-2009

* LET’S see: N$25 000 for the mayor’s entertainment, N$140 000 for Mr Niilo’s [Taapopi] entertainment and his team, N$143 000 for general entertainment, N$220 000 for staff social events, N$132 588

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Federer in historic win

06-07-2009

LONDON - Roger Federer made history yesterday when he defeated brave Andy Roddick 5-7, 7-6 (8/6), 7-6 (7/5), 3-6, 16-14 to win a sixth Wimbledon title and claim a record 15th Grand Slam crown in a

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Farm takeover halted at Ongombo East

06-07-2009

A POLICE presence was needed all weekend at a privately owned farm outside Windhoek after at least 300 people, claiming roots there, decided to “return home”. The group of men, woman, children and

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SPYL wants a ‘loyalty list’ for senior Government posts

06-07-2009

THE Swapo Party Youth League not only plans to have a say in the compilation of Swapo’s list of candidates for the National Assembly election later this year, but also wants to publish a list of

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Namcor move fuels anger

06-07-2009

THE National Petroleum Corporation of Namibia (Namcor) is in serious trouble with its other partners in the Kudu gas field and the energy sector after it signed a memorandum of understanding (MoU)

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Zim vows to pull troops out of diamond fields

06-07-2009

HARARE – Zimbabwe has pledged to remove its troops from diamond fields in the east, an official newspaper said yesterday – a week after a rights group alleged the military was committing killings and

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Two banking laws to be changed

06-07-2009

GOVERNMENT is set to tighten loose ends in the financial sector by strengthening the oversight function of the Bank of Namibia and clamping down on pyramid schemes and credit card fraud. Cabinet gave

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Not white, definitely not a lady!

06-07-2009

THE ‘White Lady’ rock painting in the Brandberg mountain in the Erongo Region was first discovered in 1917 by the German explorer and topographer Reinhard Maack. He had been surveying the upper

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Two men charged with animal cruelty

06-07-2009

A CHARGE of cruelty against animals was laid by the SPCA against two men from Katutura. One being the owner of a six month old mixed breed dog and the other a so-called ‘dog healer’ who cut off both

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SPYL claims ‘sabotage’ behind Haimbili reinstatement delays

06-07-2009

THE Swapo Party Youth League claims “sabotage” is behind the delays in the reinstatement of suspended TransNamib Chief Executive Officer Titus Haimbili. Speaking at a media briefing yesterday, SPYL

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Spy Bill consolidates democracy: Simunja

06-07-2009

THE aim of the Communications Bill, which will provide for interception centres to be manned by the Namibia Central Intelligence Service (NCIS), is “the consolidation of democracy and the achievement

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Roynam Caterers in trouble again

06-07-2009

PATIENTS at Windhoek’s two state hospitals had to do without food for most of Thursday, after the contracted catering company Roynam Caterers apparently dropped the ball in keeping the kitchen

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Seal clubbing now officially started

06-07-2009

DESPITE an international campaign to stop the Namibian government from issuing licences to club nearly 100 000 seals to death each year, the Ministry of Fisheries has said the annual ‘harvest’ would

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Gam cattle restriction lifted

06-07-2009

THE RESTRICTION on the trade of cattle from the Gam area has been lifted, about nine weeks after farmers from the area sparked an animal health crisis by damaging the veterinary cordon fence in the

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Two more suspected cocaine couriers arrested at airports

06-07-2009

HOT on the heels of the sentencing of four Angolan drug couriers who were each sent to prison for eight years last week, are another two Angolans that have appeared in court in Windhoek and at Walvis

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Noteable Quotes

06-07-2009

FINANCING this year’s budget will be a mammoth task. – Windhoek mayor Matheus Shikongo of a budget that includes N$1.4 million for entertainment, parties and festivals at the expense of community

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