48 Articles found on Tuesday, 30 June 2009

Madoff gets 150 years

30-06-2009

NEW YORK – Disgraced financier Bernard Madoff was sentenced to 150 years in prison yesterday for perpetrating the biggest and most brazen investment fraud in Wall Street history. The courtroom

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FMD in southern Angola raises fear

30-06-2009

THE veterinarian of the Opuwo district has called on farmers in the Kunene Region to refrain from taking livestock into Angola and bringing them back into Namibia without the animals having been

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Standard Bank joins Russian Troika Group

30-06-2009

STANDARD Bank is joining forces with Troika Dialog Group, the largest independent investment bank in Russia, to “create an international platform to connect Russian clients to Africa and other

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Hong Kong ready for yuan trade settlement

30-06-2009

HONG KONG – Hong Kong said it hopes a scheme to allow bilateral trade with mainland China to be settled using the Chinese currency can start in July. China’s Central Bank Governor Zhou Xiaochuan and

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North needs to be made flood proof

30-06-2009

THE flood-stricken North can no longer follow the business-as-usual approach and needs to become pro-active and prepared in future, the Director General of the National Planning Commission, Peter

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Local businessman criticises large agriculture monopolies

30-06-2009

GOVERNMENT should not use the taxpayer’s money to help establish monopolistic companies, because this is contrary to development objectives, a commercial farmer and businessman said on Friday.

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Anglo may seek Brazilian partner for iron ore

30-06-2009

LONDON - Miner Anglo American is considering finding a partner for its huge iron ore project in Brazil, but the move is not a defence against an unwanted approach from rival Xstrata, sources familiar

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Sheep farmers, some abattoirs agree on N$40 export levy

30-06-2009

SHEEP farmers and some abattoirs have at last cleared the remaining obstacles to an N$40 export levy per live sheep exported in order to replace the 6:1 export ratio set up by Government about three

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Ousting of Mbeki a red flag – Moody’s

30-06-2009

LAST year’s ousting of Thabo Mbeki from the presidency raised a red flag about the reliability of South Africa’s institutions. This view was expressed by Kristin Lindow, the lead analyst for South

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End of an era for Russia’s glitzy casinos

30-06-2009

MOSCOW – Alexander, a pit boss at the Arbat casino in Moscow, watched his roulette wheels spin for one of the last times before the establishment closes under a new law that spells the end of an era

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Banking, business executives upbeat about economic recovery

30-06-2009

LONDON – Top bankers and business executives gathered in London were upbeat yesterday about a developing recovery in the global economy, but cautioned against any slowdown in reforming regulatory and

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Zimbabwe denies diamond field violations

30-06-2009

HARARE – Zimbabwe yesterday denied it was violating international regulations on conflict diamonds, as a Kimberley Process team started a probe of the country’s eastern Marange diamond fields. Mining

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Fans moonwalk and hold worldwide vigils

30-06-2009

MEXICO CITY – Michael Jackson imitators moonwalked at Mexico’s Angel of Independence, a prison in the Philippines organised a ‘Thriller’ tribute dance, political leaders paid homage and French fans

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‘Transformers’ KOs the critics

30-06-2009

LOS ANGELES – After just five days, ‘Transformers: Revenge of the Fallen’ is halfway to US$400 million domestically, a box-office milestone only eight other movies have reached. If it climbs that

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Micheletti takes power in Honduras

30-06-2009

TEGUCIGALPA – Honduras interim leader Roberto Micheletti imposed a nationwide 48-hour curfew after the army ousted elected President Manuel Zelaya and sent him into exile. Congress voted Micheletti

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Jackson death twittered, texted and Facebooked

30-06-2009

NEW YORK – “Ladies and gentlemen, Michael Jackson has just died,” the woman called out breathlessly upon boarding a Manhattan bus, moments after the news had broken. Not a word was spoken in response.

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Tsvangirai’s ministers snub Zimbabwe cabinet

30-06-2009

HARARE – Prime Minister Morgan Tsvangirai’s party boycotted a meeting of Zimbabwe’s cabinet yesterday on the grounds that it made a mockery of the country’s power-sharing deal. The 13 ministers from

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Michael’s mum to court over son’s three children

30-06-2009

A COURT document says Michael Jackson’s mother, Katherine, has filed for guardianship of the late singer’s three children. The guardianship papers were filed in Los Angeles Superior Court yesterday. A

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Iran recount seen as bid to placate

30-06-2009

EDITOR’S NOTE: Iranian authorities have barred journalists for international news organisations from reporting on the streets and ordered them to stay in their offices. This report is based on the

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Janet Jackson makes an emotional appearance at the BETs

30-06-2009

LOS ANGELES – Some of the biggest stars on the planet turned back into gushing Michael Jackson fans at the BET Awards, donning single gloves, swapping stories about their idol and singing The King of

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TB patients escape hospital

30-06-2009

PORT ELIZABETH – Officials have been sent to round up 18 tuberculosis patients who absconded from a Port Elizabeth hospital, the Eastern Cape health department said yesterday. Spokesperson Sizwe

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Now seven swine flu cases in SA

30-06-2009

JOHANNESBURG – Three more people were diagnosed with swine flu in South Africa over the weekend, pushing the country’s number of cases to seven, the health department said yesterday. Spokesman Fidel

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First Khmer Rouge prison survivor testifies

30-06-2009

PHNOM PENH – One of the few survivors of the Khmer Rouge’s deadliest torture centre gave a long-awaited testimony yesterday, weeping as he recounted life at the facility where 16 000 others were

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Omupolisi gwOndholongo a dhipagelwa mOshipangelo sha Shakati nomamanya

30-06-2009

OMUPOLISI gwOondholongo okwa si eso lyombaadhilila sho a dhipagwa komunauvu nomamanya mOshipangelo shEpangelo sha Shakati, sha ningwa ongula onenenen yohela meti 29 Juni 2009. Nakudhipaga Omupolisi

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Omuhiki gwoongalo a simana Michael Jackson a hulitha

30-06-2009

LOS ANGELES – Omuhiki gwongalo a simana muuyuni auhe, Michael Jackson, okwa hulitha mEtine lyoshiwike sha zi ko - mepipi lyoomvula omilongo ntano. Jackson okwa hulitha manga a li ti ilongekidha oku

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Ookundulagula Mugabe otashi ka eta uupyakadhi: Tsvangirai ta ti

30-06-2009

JOHANNESBURG – Oshinima shAaleli yiilongo yAaEuropa ya hala Omupresidende Robert Mugabe a ze ko koshipundi, otashi vulika shi ka eta omakuyunguto moshilongo, Omuprimaminista gwa Zimbabwe Morgan

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Ombili unene ku tate Petrus Mhata

30-06-2009

OSHIFO shetu otashi gandja ombili onenenene ku tate Petrus Mhata omolu epuko mefatululo lyEthano lya holokele mOshifo shetu shika shomEtitano lya zi ko pepandja eti 34 lyOshiwambo, moka mu na tate

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Namdeb ota tameke iilonga

30-06-2009

EFUDHOPO lyiilonga mOkampani ya Namdeb lyoomwedhi ndatu, olya hulu pehulilo lyoshiwike shika na aaniilonga yOkampani ndjika oye li taya ilongekekidhila oku ka tameka iilonga pokati ka Juli. Efudhopo

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Pohamba a egulula pambelewa iilonga yetungo lyondjila ya Elundu na Rundu

30-06-2009

OMUPRESIDENDE Hifikepunye Pohamba okwa egulula nokutula miilonga pambelewa iilonga yetungo lyondjila yopokati kElundu mOshitopolwa sha Hangwena noRundu mOshitopolwa sha Kavango, e shi ningile

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Omahogololo mu Guinea Bissau

30-06-2009

BISSAU – Omahogololo gOpaupresidende oga tameke Guiniea Bissau mOsoondaha na aakondindate oonene dhu uvaneka kutya otadhi ka eta onkaloanwa ombili moshilongo shika, shoka si li shimwe shomiilongo

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Promotion playoffs to NPL confirmed

30-06-2009

FOCUS will now shift to the lower divisions when the promotion playoffs to the MTC Namibia Premier League (NPL) are determined this weekend. With the premiership title safely with African Stars and

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No sweat for Williams sisters

30-06-2009

LONDON – Venus and Serena Williams hardly broke sweat in the sizzling Wimbledon heat yesterday as they cruised into the quarter-finals. Defending champion Venus easily won the first set against

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Joost in serious condition

30-06-2009

JOOST van der Westhuizen, former Springbok captain and – until recently – rugby commentator for M-Net, is in a “very serious but stable condition” in Sunninghill hospital in Johannesburg, after

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SMS for Tuesday 30 JUNE 2009

30-06-2009

* CONGRATULATIONS South Africa, you inspire the whole SADC region. You managed to host the Fifa Confederations Cup successfully and effectively. It shows our ability. Thanks, you make Africans proud,

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Notable quotes

30-06-2009

I WON’T sell you out. – Trade Minister Hage Geingob on the trade deal being discussed with the European Union in remarks at the Namibian Chamber of Commerce and Industry’s annual dinner on Saturday

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Woman run over near Tses

30-06-2009

KEETMANSHOOP resident Elizabeth Ida Cloete (37) died instantly after being knocked down by a car with a South African registration number on the the B1 highway north of Tses on Sunday.Cloete was

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Centre to benefit community

30-06-2009

A UNIQUE show of unity between public, private and community organisations has borne fruit for young people in Katutura, who yesterday received a newly renovated resource centre at the premises of the

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More cells a priority: Walters

30-06-2009

THE first fruits of a consultative meeting hosted by the Ombudsman’s office in May, aimed at finding a solution to the deplorable conditions in the country’s Police holding cells, started to show

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GIPF strike ends, pay disagreement goes to arbitration

30-06-2009

STRIKING workers at the Government Institutions Pension Fund (GIPF) have returned to their workstations following consensus on a salary increase. However, ripples of disagreement remain over whether

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Nedbank cuts mortgage rate

30-06-2009

NEDBANK Namibia has taken the lead in the mortgage rate race by cutting its home loan rate to 11,5 per cent, the only commercial bank to pass on the full relief of the Bank of Namibia’s recent repo

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Organised Crime Act enters Prowealth fray

30-06-2009

THE former wife of the founder of the Prowealth group of companies, Riaan Potgieter, will have to wait some four more weeks before she might hear if she will receive millions of Namibia dollars in

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Million-dollar bid to end seal clubbing

30-06-2009

THE brutal clubbing to death of thousands of Cape fur seal pups on the Namibian coast might come to an end if a South African animal welfare group can raise N$114 million to buy out the only remaining

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Cabinet ‘endorses’ TransNamib CEO’s return

30-06-2009

CABINET has endorsed a Swapo Politburo decision that suspended TransNamib Chief Executive Officer Titus Haimbili be reinstated in his position, The Namibian has established from reliable sources.The

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Bank rate showdown looms

30-06-2009

BANK of Namibia (BoN) Governor Tom Alweendo has given commercial banks until year-end to reduce the interest rate spread, or the difference between the central bank’s repo rate and banks’ prime

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Off the beaten track

30-06-2009

The Spitzkoppe in the Erongo Region has a community campsite which offers visitors the opportunity to overnight at very affordable rates. Visitors to the Spitzkoppe can view numerous rock paintings,

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Cup in explosive end

30-06-2009

JOHANNESBURG – As the curtain fell on an outstanding two weeks of Confederations Cup action on Sunday, South Africa will be hoping for a repeat performance when it hosts the continent’s first World

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Michael Jackson: ‘a virtual skeleton’, claims The Sun

30-06-2009

Following Michael’s death last Thursday from a heart attack, a detailed autopsy has revealed how the singer’s body had suffered dramatically as a result of continuous daily painkiller

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NCCI’s Endjala to tackle SME struggle

30-06-2009

NCCI President John Endjala kicked off his second term in office Saturday night by continuing his fight for the rights of small and medium enterprises (SMEs) in the Namibian economy and calling for a

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