48 Articles found on Monday, 7 June 2010

G20 scraps plans for universal bank tax

07-06-2010

BUSAN, South Korea – The world’s top economies scrapped plans for a universal global bank tax on Saturday, giving countries plenty of wiggle room over how to make banks pay for their bailouts in

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Corruption remains root of business evil

07-06-2010

“CORRUPTION needs to be addressed – it is overshadowing every deal.” This quote, by one of the 60 business executives who participated in the first Old Mutual Namibia/Namibian Stock Exchange’s

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Ten million Spaniards live below poverty line

07-06-2010

MADRID – More than a million more Spaniards are living below the poverty line now than before the country was battered by an economic crisis, according to a study by a Spanish charity released

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Libya to buy 75% of Zambia’s Zamtel

07-06-2010

LUSAKA – Libya’s LAP Green Networks is to buy 75 per cent of Zambian fixed-line phone operator Zamtel for US$257 million, Finance Minister Situmbeko Musokotwane said on Saturday. “LAP Green Networks

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EU less entrepreneurial than US, China

07-06-2010

BRUSSELS – Europeans are far less keen to start their own businesses than Americans or Chinese, according to a European Union study published Friday.Only 45 per cent of people in Europe said they

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Buyout size increasing, not ‘mega’ yet

07-06-2010

BOSTON – Private equity bosses are expecting deal sizes to gradually increase in size but said on Friday they aren’t forecasting an immediate return to mega-buyouts, like the US$15 billion size

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Angola needs more banks

07-06-2010

LUANDA – More banks are needed in Angola to satisfy growing demand for banking services, a senior central bank official was reported as saying in a newspaper on Friday, adding that only 11 per cent of

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Russia wants global fund after Gulf oil spill

07-06-2010

MOSCOW – Russian President Dmitry Medvedev called on the world’s leading economic powers on Saturday to consider creating a fund to insure against large-scale environmental disasters like the Gulf of

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G20 finance chiefs agree on need to curb deficits

07-06-2010

BUSAN, South Korea – World financial leaders pledged Saturday to push ahead on curbing deficits and crafting financial reforms to safeguard the global recovery, including making banks bear much of the

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Mbeha Software Solutions takes manual systems into the future

07-06-2010

BERNARD Mbeha and Paulus Pari met while studying for a Diploma in Computer Systems at South Africa’s Vaal University. There, they set up an IT programme to manage the university’s hostels for free and

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Drunk tourist ‘bloody lucky’

07-06-2010

Johannesburg - An Australian backpacker in South Africa for the Soccer World Cup passed out drunk in the driveway of a Johannesburg politician under the impression he was in Cape Town.Woken after a

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UK police study family feud over mass shootings

07-06-2010

LONDON – A British taxi driver was being investigated by tax officials before he fatally shot 12 people including his twin brother, police said. Derrick Bird, 52, also may have feuded with his family

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Restaurant tells diners to eat up or else

07-06-2010

SYDNEY – An Australian restaurateur fed up with the waste left by diners has ordered her customers to eat everything on their plates for their sake of the earth or pay a penalty and not return.Chef

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Two New Jersey men arrested on terrorism charges

07-06-2010

NEWARK – Two New Jersey men who allegedly intended to kill American troops were arrested on Saturday at a New York City airport before boarding flights on their way to join a jihadist group in

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In Brief

07-06-2010

DRC police chief suspended KINSHASA - The chief of police in the Democratic Republic of Congo, General John Numbi, has been suspended and several officers arrested in the probe into the death of

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Bashir snub ‘proves ICC getting stronger in Africa’

07-06-2010

KAMPALA - Uganda’s decision to not invite Sudan’s indicted leader Omar El-Bashir to a summit in Kampala proves the International Criminal Court is gaining strength in Africa, Human Rights Watch said

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SA ready for World Cup

07-06-2010

PRETORIA - South Africa declared itself readyyesterday to stage the first World Cup on African soil, with President Jacob Zuma saying the event had shown the Rainbow Nation finally coming together as

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Kylie tweets, says love life rosy

07-06-2010

SYDNEY – Pop princess Kylie Minogue has used her twitter page to dismiss reports her relationship with Spanish model Andres Velencoso Segura is on the rocks.“Wowza ... love life rumours have gone

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Pamela Anderson appeals to Putin over Canadian seals

07-06-2010

MOSCOW – Ex-‘Baywatch’ star Pamela Anderson has appealed to Russian strongman Vladimir Putin to ban imports of baby seal pelts, a newspaper reported on Friday.The prime minister’s apparent “fondness”

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‘Golden Girl’ Blanche dies

07-06-2010

NEW YORK – Rue McClanahan, the Emmy-winning actress who brought the sexually liberated Southern belle Blanche Devereaux to life on the hit TV series ‘The Golden Girls’, has died. She was 76.She died

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Epukululo

07-06-2010

Moshifo shetu shEtitano pepandja 27, opwa li ethano lyonkoshi ya londa komuti, ihe omutse gwethano ndika olya tali ti “ Ondjamba ohayi londo.” Shika osha puka. Ano etumbulo ndika olya li li na okutya

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Aanona yo Swapo ya shuna ko Berg Aukas

07-06-2010

AANONANA ya valelewa muundjendi wekondjelomanguluko ye li yahetatu - mboka oshiwike sha zi ko ya li ye ya kUuministeli wAagundjuka nOmaudhano okugandja omaudhigu ngoka ye na ko Berg Aukas, oya shuna.

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Aanasikola 16 yomOsikola yOoveta mOshakati ya pewa Oonzapo

07-06-2010

AANASIKOLA ayehe kumwe ye li 16 mboka ya kala taya hiti Osikola yOkutseya Ooveta nIikwaveta muule wOomwedhi hamano dha piti, oya pelwe Oonzapo dhawo pethimbo lyOshituthi shokugandja oonzapo kuyo sha

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Aanamikunda inaya itaya tsu kumwe kombinga yomeya

07-06-2010

EPANGELO itali ka vula we okugandja egandjo nekondololo lyomeya kaanamikunda mu Auguste nuumvo molwashoka, Uukomitiye womeya inau thikwa po miitopolwa ayihe.Shika osha etwa nee a niwa

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Oshikonga sheopaleko lyondoolopa ya Shakati

07-06-2010

OMUNAMBELEWA Omukuluntu gwOshikondo shUukalinawa mElelo lyOndoolopa ya Shakati, tate Kornelius Kapolo, okwa tseyika kutya okuza Omaandaha goshiwike tashi ya, mOshakati otamu ka kala oshikonga oshinene

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Ban on Younis Khan lifted

07-06-2010

LAHORE, Pakistan – The indefinite ban on former Pakistan captain Younis Khan was lifted on Saturday, and a fine on current captain Shahid Afridi was revoked. “I have set aside the ban on Younis,”

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Schiavone clinches historic French Open triumph

07-06-2010

PARIS – Francesca Schiavone became the first Italian woman to win a Grand Slam singles title on Saturday after defeating Australian favourite Samantha Stosur 6-4, 7-6 (7/2) in the French Open

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Injuries rob World Cup of more stars

07-06-2010

JOHANNESBURG – The injuries just keep on coming, and plenty of big-name players are being affected with the World Cup less than a week away.England captain Rio Ferdinand and Nigeria midfielder John

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Japan to play Namibia?

07-06-2010

TOKYO – Japan have lined up an extra match on the eve of the World Cup to make some late tweaks after an alarming run of form in the build-up to the finals.Japan slumped to their fourth defeat in a

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Namibia to train in Glasgow for 2012 London Olympics

07-06-2010

THE Namibia National Olympic team will have their training camp base in Glasgow a few weeks before the London 2012 Olympic Games. Namibia National Olympic Committee (NNOC) president Agnes Tjongarero

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Unam in great comeback win

07-06-2010

UNAM staged a great comeback to beat Reho Falcon 28-26 in an MTC Rugby Premier League match at the Unam field on Saturday. Falcons seemed set for a comfortable win when they took a 19-13 lead by

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Cricket Namibia contracts professionals

07-06-2010

CRICKET Namibia (CN) has contracted nine fulltime professional players from the first of June in its bid to improve the performances of the national team. Kallie Engelbrecht, an executive committee

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SMSes for Monday 7 June 2010

07-06-2010

* CAN the lawmakers draft a bill and empower Police officers to prevent people from walking on roads meant for motor cars. This makes it very difficult for drivers to control vehicles. Food for

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World Cup bypasses South Africa’s neighbours

07-06-2010

MASERU – As the Lesotho Stars and Naughty Boys FC warm up for their match in a dirt lot on the outskirts of Lesotho’s capital Maseru, the players bounce to the beats streaming from a cellphone on the

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Mount Sinai Centre grew from one nurse’s dream

07-06-2010

CHRISTALLINE Vega-Biart, the founder of Mount Sinai Centre in Katutura, is a remarkable woman with a huge heart for the children living in the impoverished communities surrounding Katutura affected or

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Trial over murder of German tourist starts

07-06-2010

THE two men accused of murdering a German tourist during an armed robbery in the Khomas Hochland west of Windhoek almost three years ago have finally gone on trial in the High Court in Windhoek.The

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Fire killer jailed for 35 years

07-06-2010

AROAB resident Paul Steenkamp, who murdered his wife five years ago by throwing petrol over her and setting her on fire, could spend the rest of his days in prison after he was sentenced in the High

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Cold front ahead

07-06-2010

A COLD front is heading towards the southern Namibia from the Cape and is expected to lead to the first sub-zero temperatures this winter in the next three to four days.The Namibia Meteorological

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Cocaine suspects fail with acquittal bid

07-06-2010

THE legal burden carried by the two Angolans facing charges of dealing in a Namibian record quantity of cocaine at Keetmanshoop between the end of 2007 and September 2008 lightened by some 9 kilograms

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CCN General Secretary calls on churches to speak out

07-06-2010

THE General Secretary of Council of Churches in Namibia (CCN), Maria Kapere, has called on affiliated churches to become the “voice of the voiceless”. Kapere claimed NGOs had taken over the churches’

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Brukkaros abattoir turns against live sheep exports

07-06-2010

THIS week might prove crucial for the small livestock industry in Namibia as it is expected that Cabinet will consider a proposal to cancel the six-year-old export ratio for live sheep exports to

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Blue Boys clinch promotion to Namibia Premier League

07-06-2010

COASTAL side Blue Boys Football Club were promoted to the Namibia Premier League (NPL) after defeating Fedics United 3-0 in their Southern Stream First Division playoff final.After decades of

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Namibians struggle to pay banks on time

07-06-2010

OVERDUE loans at local banks spiralled by about 33 per cent to N$2,8 billion in the last six months of 2009 because of “weak domestic economic conditions”, the Bank of Namibia (BoN) said in its latest

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Ban moves ahead with probe on Israeli raid

07-06-2010

JERUSALEM – An Israeli official said yesterday that United Nations chief Ban Ki-moon is moving ahead with plans for an international commission to investigate Israel’s deadly raid on a Gaza-bound aid

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Meatco records N$17 million loss

07-06-2010

NAMIBIA’S largest meat company and exporter of meat has recorded a net loss of N$17,9 million for the past year, which ended on January 31, due to the impact of the global economic crisis during 2009,

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Farmers say no to buffaloes on farms

07-06-2010

THE Ministry of Environment and Tourism, in a last-minute move, withdrew 55 wild buffaloes from a wildlife auction in Windhoek on Friday. The buffaloes come from the Waterberg Plateau Park.The

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More power hikes coming

07-06-2010

IF Namibia wants to solve its power crisis, consumers must be prepared to pay at least three times more for electricity in the next five years than what they are paying now, NamPower Managing Director

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Notable Quotes

07-06-2010

I’m siting with perishable goods. – JJ Klukowski, one of the representatives of various private transport companies who refused to leave the premises of the Ministry of Home Affars passport-issuing

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