55 Articles found on Tuesday, 23 June 2009

Zimbabwe’s Metallon resumes gold mining

23-06-2009

HARARE – Zimbabwe’s largest gold miner, Metallon Gold has re-opened two of its five mines after agreeing a US$15 million loan with foreign and local financiers, the company’s executive chairman said

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Botswana private equity firm hits Namibia with quarter-million fund

23-06-2009

BOTSWANA’S trailblazer in private equity industry – VPB – is making its dream of being a market leader outside South Africa a reality by launching a fund in Namibia in the next couple of months as it

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Xstrata confirms merger approach to Anglo American

23-06-2009

ZURICH - Mining group Xstrata on Sunday confirmed it had made an approach to rival Anglo American about a merger that would create one of the world’s biggest mining companies, according to a company

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Namibian players on the move

23-06-2009

NAMIBIAN foreign internationals will find their way to other clubs in their respective leagues, while some are expected to stay put. CORRY IHUHUA looks at some of the key movements for Namibian

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Somalia president declares state of emergency

23-06-2009

MOGADISHU – Somalia’s president declared a state of emergency yesterday as his fragile, UN-backed government struggles to quash a deadly Islamic insurgency. President Sheik Sharif Sheik Ahmed said

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Namibia hard hit by crisis

23-06-2009

NAMIBIA is one of the sub-Saharan countries most severely affected by the fallout from the global financial crisis, the World Bank says. While Namibia’s direct exposure to the crisis is minimal, the

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Nigeria’s lesson for America: civil service

23-06-2009

Oakton, Virginia – Americans rarely look to Africa for inspiration or example, but given President Obama’s efforts to ramp up civil service at home, a closer look at Nigeria’s mandatory National Youth

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Mood of lenders ‘is improving’

23-06-2009

THE mood in financial markets is “changing for the better” as both banks and borrowers in South Africa regain confidence, according to FNB chief executive Michael Jordaan. “The 4,5 percentage point

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Freezing of Ponzi accounts on cards

23-06-2009

THE special government agency task team established to co-ordinate action against alleged Ponzi-type scheme head Barry Tannenbaum and entities associated to him is considering legal steps to freeze

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The Lolo Goraseb I Shall Remember!

23-06-2009

LOLO’S announcement that he was quitting soccer thrust me on memory lane. Friend and long-time sports associate Seth Boois and I were under obligation to rebuild Black Africa Sport Club. Seth was the

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Nigeria open to foreign takeovers of banks: Financial Times

23-06-2009

LONDON - The head of Nigeria’s central bank, Lamido Sanusi, said yesterday he was prepared to break with a decades-old ban on foreign takeovers of its banks, in an interview with the Financial Times.

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After 50 years, Motown endures in ailing Detroit

23-06-2009

DETROIT – Fifty years after the birth of Motown, the music lives on as a legacy for a city that has seen more than its share of hard times in the past decades. The Motown record label launched in

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Nam has world’s greatest business mind!

23-06-2009

A NAMIBIAN businessman got the surprise of his life when he opened his e-mail to find he had been voted the ‘World’s Greatest Business Mind’ ahead of Warren Buffet, Donald Trump and Bill Gates. At a

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‘We are freezing and have been frozen out’

23-06-2009

WITH temperatures plummeting as another cold front kicks in, residents of Windhoek’s informal settlements are doing everything they can to make sure they survive the coldest months of the year. Ruben

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Asian central banks unlikely to dump dollars

23-06-2009

SINGAPORE – Asian central banks would hurt themselves if they dumped dollars from their foreign reserves because that would quickly reduce the value of those holdings, the head of the Asian

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A golden new gift option for air travellers?

23-06-2009

FRANKFURT – Tired of buying perfume, chocolates or wine for your spouse while flying home? Looking for a special and safe investment in these turbulent times? Passengers who clear security at

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Information days for emerging farmers

23-06-2009

EMERGING farmers can again deepen their knowledge on successful commercial farming methods tomorrow, when Agra is presenting another information day, this time in Windhoek. About 155 farmers have

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Scientists discuss agriculture at Oshakati

23-06-2009

THE Agricultural Scientific Society of Namibia (Agrisson) will hold its annual congress at Oshakati next week to discuss challenges and new developments in agriculture related to climate change.

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Drug abuse in Namibia hits all-time high

23-06-2009

ILLEGAL drug abuse is at an all-time high in Namibia, Health and Social Services Minister Richard Kamwi, warned yesterday. He said Namibia can not allow itself to be turned into a drug consumer

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Noteable Quotes

23-06-2009

MUGABE is the reason we fled the country. When he goes, we will come. – Nysha Muzambi, 33, a Zimbabwean exile living in London to Prime Minister Morgan Tsvangirai’s request for Zimbabweans to come

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Ongwediva man drowns in bakkie

23-06-2009

A FORMER Namdeb worker from Ongwediva was found drowned in his bakkie in an oshana at the northern town on Thursday. The body of Onesimus Nghituwamhata Hangala was found in the Toyota bakkie pulled

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Love, longing and loss on World Refugee Day

23-06-2009

WORLD Refugee Day was commemorated on Saturday, “to remember the millions of forcibly displaced and stateless people ... who are struggling with their day-to-day lives.” The United Nations Refugee

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Caprivi Kwando River level rising

23-06-2009

THE Caprivi Regional Council has put up tents in some places along the Kwando River to provide shelter to villagers whose homesteads risk being flooded by the rising river. Caprivi Regional Governor

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Businessman donates N$1 million to church

23-06-2009

NORTHERN Namibia businessman Benjamin Hauwanga on Sunday donated N$1 million to the Evangelical Lutheran Church in Namibia (Elcin). The donation was made at an Elcin ceremony at Hauwanga’s Bennies

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Boozy Aussies ‘on the wagon’ for charity

23-06-2009

MELBOURNE – Australians have been urged to give up booze for a month to raise money for cancer, in an unusual stunt that may do as much for participants’ livers as it does for hospital wards. In a

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GIPF unimpressed with striking workers’ claims

23-06-2009

THE Government Institutions Pension Fund (GIPF) is unhappy with the way in which its striking workers have gone to the media with what it describes as statements that are “inflammatory and seem to be

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UK pledges new aid to Zimbabwe

23-06-2009

LONDON – Britain pledged 5 million pounds ($8.24 million) to Zimbabwe yesterday but made clear more reforms were needed before it would start large-scale development aid to the shattered country.

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Injuries affected memory, says Police murder trial witness

23-06-2009

A KEETMANSHOOP resident who claims to have witnessed and experienced assaults by Police officers during an interrogation that ended in the death of a theft suspect in early 2006 displayed a stormy

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Hundreds of doctors striking in South Africa

23-06-2009

DURBAN – Hundreds of angry public sector doctors demanded better wages yesterday at a picket outside Durban’s King Edward VIII hospital. The group, carrying placards and singing, said they wanted

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Jolie, Pitt give US$1m for refugees in Pakistan

23-06-2009

LOS ANGELES – Celebrity couple Angelina Jolie and Brad Pitt donated US$1 million to a UN refugee agency to help Pakistanis displaced by fighting between troops and Taliban militants, the agency has

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Kelis to Nas: Cough up for our poor baby

23-06-2009

LOS ANGELES – Kelis is looking for a large chunk of change from estranged hubby Nas to keep their baby in diapers. The ‘Milkshake’ mama-to-be has filed court papers demanding the rapper pay her US$20

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Zim activists to challenge charges

23-06-2009

HARARE – A Zimbabwe High Court yesterday allowed four opposition activists to challenge their prosecution on terrorism charges in a higher court, after arguing that a trial would be illegal because

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Pilot buries injured in sand

23-06-2009

Melbourne - A pilot buried his injured passenger up to his neck in sand to save him from hypothermia after their helicopter crashed over crocodile-infested mudflats in Australia, reports said

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Mixed progress on millennium goals

23-06-2009

NAMIBIA has made progress with some of its eight Millennium Development Goals (MDGs), but has not succeeded in achieving targets such as increasing primary school enrolment, lowering the death rate of

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N Korea threatens to harm US if attacked

23-06-2009

SEOUL – President Barack Obama assured Americans in an interview broadcast yesterday that the US is prepared for any move North Korea might make, amid reports that Pyongyang is planning a long-range

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Iran police use force in protest

23-06-2009

TEHRAN – Riot police attacked hundreds of demonstrators with tear gas and fired live bullets in the air to disperse a rally in central Tehran yesterday, carrying out a threat by the country’s most

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Sarkozy says burqas are ‘not welcome’ in France

23-06-2009

PARIS – President Nicolas Sarkozy lashed out yesterday at the practice of wearing the Muslim burqa, insisting the full-body religious gown is a sign of the “debasement” of women and that it won’t be

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Pakistan army in final phase of Swat offensive

23-06-2009

ISLAMABAD – Pakistan security forces are near the end of their offensive in the Swat valley, the army said yesterday, with more than 40 000 people on the move before the next phase starts against the

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Rwanda minister gets 30 years for genocide

23-06-2009

DAR ES SALAAM – A UN court trying masterminds of Rwanda’s 1994 genocide yesterday gave a 30-year jail sentence to a former interior minister accused of tricking thousands of people to hide on a hill

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Bombings kill at least 22 in Iraq

23-06-2009

BAGHDAD -– A bomb devastated a minibus carrying students to their final exams in Baghdad yesterday, one of a string of blasts across Iraq that killed 22 people just two days after the deadliest attack

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Ecclestone says will not let sport collapse

23-06-2009

LONDON – Formula One supremo Bernie Ecclestone said yesterday he was not prepared to see the sport collapse in the face of the breakaway movement from eight F1 teams. “I have given 35 years of my

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Thiare says AN elections fair

23-06-2009

THE Director of the International Association of Athletics Federations (IAAF) President’s Office, Cheikh Thiare, has described Athletics Namibia’s special elective congress held at Otjiwarongo on

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Federer off to a flier in Open

23-06-2009

LONDON – Roger Federer’s bid for a record 15th Grand Slam title got underway in familiar fashion as the five-times champion settled into Wimbledon’s new-look centre court with a straight sets

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Lippi insists on no changes

23-06-2009

PRETORIA – Italy coach Marcello Lippi insists he won’t be ringing the changes despite the world champions crashing out of the Confederations Cup. The Italians had a tournament to forget, beating the

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Obama invited to World Cup

23-06-2009

JOHANNESBURG – FIFA president Sepp Blatter has invited US President Barack Obama to next year’s World Cup in South Africa. Blatter says: “Obama has said: ‘If I can, I will come’.” The United States

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T20 win revives hopes for Pakistan

23-06-2009

KARACHI – Pakistan revelled in its World Twenty20 triumph Monday, as former cricket greats voiced hopes that the victory could help restore the strife-torn nation’s place in international cricket.

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Armstrong wins in Nevada

23-06-2009

NEVADA CITY – US cyclist Lance Armstrong Sunday won the Nevada City Classic, a modest one-day race set in the hills of northern California, to continue his build-up to the Tour de France. More than

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New hotel theft reported at Confederations Cup

23-06-2009

JOHANNESBURG - A member of the Brazilian delegation in the Confederations Cup says money and a jacket were stolen from his hotel room, police said yesterday, the second such incident reported during

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Yomomukunda Onalunike taya tidha omulongisikola momukunda nopOsikola

23-06-2009

AAKALIMO yomomukunda Onalunike mOndonga mOshitopolwa sha Shikoto mEtine lyoshiwike sha zi ko, oya ningi ehololomadhilaadhilo taya pula omulongisikola gumwe gwopOsikola yopomukunda gwawo mpoka yedhina

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Osikola ya Charles Anderson ya pewa oopainda ku Pennypinchers

23-06-2009

ONGESHEFA ya tseyika nawa yiitungitho kOngwediva yedhina Pennypinchers omasiku ga zi ko oya gandja omagano gopopainda kOsikola yaanona yomOngwediva yedhina Charles Anderson opo yi painde nawa

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SADC ota ka ninga po sha kombinga ya Madagascar

23-06-2009

JOHANNESBURG – Aaleli yiilongo yAafrika lyUumbugantu mOsoondaha oya uvaneke kutya otaya ka kandulapo uupyakadhi wopapolitika mboka u li mu Madagascar, ihe oya ekelehi omapopyo ga Marc Ravalomanana

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Meekulu Namupa Shingeya a fumvikwa pOshivanda sha Nghatanga

23-06-2009

OMUKULUPE gwomomukunda Okambebe mOukwanyama mOshitopolwa sha Hangwena a kala wo kwali komukunda Omufituwanauyala mOmbalantu mOshitopolwa sha Musati meekulu Albertina Namupa Shingeya ngoka a manene

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Iipangelo mu Zambia ya pata kekanka lyaapangi

23-06-2009

LUSAKA – Iipangelo yimwe mu Zambia oya pata Oosaala dhayo noya shunitha aavu omathele komagumbo molwashoka aapangi oye li mekanka, taya pula oondjambi dhawo dhi gwedhelwe, ehangano lyomahangano

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Johannes Shaanika a kwatwa po shi na sha nokweehameka omuholike gwe

23-06-2009

OMULUMENTU omugundjuka gwoomvula 31 taku tiwa kutya oye Johannes Shaanika a zile komukunda Oluteyi mOngandjera mOshitopolwa sha Musati noha longele kOvenduka, okwa kwatwa po kOpolisi ya Hangwena

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SMS for Tuesday 23 JUNE 2009

23-06-2009

* WHY are local commercial banks not heeding the call to lower interest rates to “justifiable” levels? Do they care less about what is going on or are they simply interested in making huge profits?

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