66 Articles found on Friday, 5 March 2010

Hedge fund dinner party sparks US euro probe

05-03-2010

NEW YORK– Little-known brokerage firm Monness, Crespi, Hardt & Co has long toiled in the shadows of Wall Street, but the boutique suddenly has been thrust into the limelight because of an “ideas

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Trafigura compensates Ivory Coast waste victims

05-03-2010

ABIDJAN, Ivory Coast – People who said they fell ill after hundreds of tons of waste were dumped in 2006 began receiving compensation checks of US$1 500 following a legal battle over how the money

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South African private equity heads north

05-03-2010

JOHANNESBURG – South African private equity firms are increasingly looking at the rest of the continent, spurred by the success of local telecoms and retail companies in Africa’s frontier markets,

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Africa Business Briefs

05-03-2010

Angolan oil makes billions in profit LUANDA – Angola’s state oil company, Sonangol, is reporting a net profit of US$2,4 billion from operations last year. The company’s chair of the board of

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SADC energy ministers seek investment in Germany

05-03-2010

ENERGY ministers of the 15 member states of the Southern African Development Community (SADC) are attending an energy investment conference in Germany to address the prevailing power shortfalls in the

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Taxman hits couple where it hurts

05-03-2010

DURBAN – The South African Revenue Services (SARS) has taken three vehicles worth nearly R17 million belonging to a Durban couple whose taxes were not in order, The Mercury newspaper reported

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Parliament adopts the banking amendment bill

05-03-2010

THE National Assembly on Wednesday passed the Banking Institutions Amendment Bill, which will pave the way for the Bank of Namibia to regulate and supervise holding companies of banks and their

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Islamists jailed over Germany’s ‘September 11’

05-03-2010

DUESSELDORF – A German court yesterday jailed four Islamic militants who dreamed of “mounting a second September 11” for a thwarted plot to attack US soldiers and civilians in Germany.Sentencing the

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Over 3 million to vote in Togo presidential election

05-03-2010

LOME – More than three million people were expected to vote yesterday in Togo to pick a new president, with candidates including incumbent Faure Gnassingbe, in the small west African nation notorious

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Strong quake hits Taiwan; 12 people injured

05-03-2010

TAIPEI – A powerful 6.4-magnitude earthquake rocked southern Taiwan yesterday, terrifying residents, disrupting communications and triggering at least one large fire. Twelve people were injured, the

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Patients try to keep appointments with jailed doc

05-03-2010

COVINGTON – Patients of a northern Kentucky psychiatrist jailed on a charge he stabbed a woman with a sword have tried to keep appointments with him in jail. Kenton County jail Chief Deputy Scott

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63 die, dozens injured in Indian temple stampede

05-03-2010

LUCKNOW – A stampede broke out at a Hindu temple in northern India yesterday as thousands of people jostled with each other to get free clothes and utensils, leaving at least 63 people dead and dozens

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Britain resists SA pressure over Zim sanctions

05-03-2010

LONDON – British Prime Minister Gordon Brown yesterday insisted that Zimbabwe should make more progress before sanctions can be lifted, resisting pressure from South African President Jacob Zuma.But

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No chewing gum for Singapore

05-03-2010

SINGAPORE – Singapore yesterday stuck to its 18-year ban on the import and sale of chewing gum, which has become an international symbol of the city-state’s image as a strict society.“The government

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Huge wave kills two on cruise ship in Med

05-03-2010

BARCELONA – An 8,6-metre wave smashed into a cruise ship carrying nearly 2 000 people in the Mediterranean on Wednesday, smashing glass windshields and killing two passengers, according to officials

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The Suffering Of Teachers

05-03-2010

ALLOW me to air my views on the issue of extending working hours for teachers. I read Mr Maletsky’s call on this matter. It seems some of the Namibians need to tour this country and see the life

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The Prisoner’s Plight

05-03-2010

I WOULD like to comment on the speech of Minister Nickey Iyambo on February 11 2010 when he was addressing the police and the prison officers. The Minister said ten (10) cellphones were found in one

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Why Is Andimba Forgotten?

05-03-2010

WHY is Andimba Toivo ya Toivo being forgotten in Namibia? Especially when we come to his news. I am shocked that Namibians only talk about Sam Nujoma. Are you forgetting that ya Toivo is the only

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No Good Service For Travellers

05-03-2010

THIS matter may sound trivial to you and most of your readers. In fact, I also took it as trivial until I got into a casual chat with fellow Namibians in the departure lounge of the OR Tambo

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Ariamsvlei Leaves Bad Taste

05-03-2010

MY wife and I recently visited Namibia from Australia, and we have been to your country twice before and always have an enjoyable time and we pass on our experiences to our friends and encourage them

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Concern About The Future Of My Country

05-03-2010

I AM very worried about the political leadership of my country, Namibia, which has no fear of God and there is much inclination towards selfishness. The National Assembly and Presidential Elections of

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It’s Time To Deal With The ECN

05-03-2010

THE Electoral Commission of Namibia (ECN) presided over parliamentary and presidential elections that were riddled with irregularities. This is a fact.It is an indictment on Namibia’s democracy that,

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Namibia Looks Like Switzerland From This Side

05-03-2010

I HAVE been for the past few days out of my small 30-square-metre apartment in Montparnasse on the left bank of Paris visiting a country whose recent past is a tale of human tragedy. My final

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The Other, Brighter Africa

05-03-2010

LONDON – The usual images of Africa are of a continent mired in conflict and squalor. But this picture, based on Africa’s most corrupt regimes, is unfair and misleading – like claiming that all

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Africa And The World

05-03-2010

SIX African countries will make it to the 2010 World Cup. That is quite an achievement for the continent. But what else is there to show for the continent? What really is Africa’s place and role in

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DBN a hupitha aakwati yomakolofishi

05-03-2010

OMBAANGA yOmapendulepo yaNamibia oya hupitha oshikondo shokukwata omakolofishi poLuderitz, sho ya gandja omikuli kwaambaka gwoodola oomiliona 2,1 opo mbaka ya vule okutsikila niilonga yawo.Oonakukwata

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Omuthaneki Ken Carlos e tu thiga po

05-03-2010

OMUTHANEKI nomukalimo gwomOvenduka noshowo mOmagongati moShana tate Elias Kanghono, a tseyika nedhina Ken Carlos, okwa mana oondjenda mOshipangelo shEpangelo sha Shakati meti 1 Maalitsa 2010 konima

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Oparliamende ya koleke euvathano lyiimaliwa lya SADC

05-03-2010

OSHIGONGI shopashigwana osha koleke euvathano lyopashimaliwa lya SADC metiyali. Euvathano ndika elalakano lyalyo olyo oku koleka ekwatathano lyopamahupilo moshitopolwa shika, okusoshimpwiyu kutya

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Okuninga Orangemund oshilando pamuni sha kwata ethimbo

05-03-2010

OMALONGEKIDHO opo oshilando shOrangemund shi ninge oshilando tashi ipangele shi na ewiliko lyopamuni otashi kwata ethimbo. Oku longekidha shika ngashingeyi ota ku tiwa osha tegelelwa ashike shi ningwe

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Eshango lyaanona yomekondjo ta li hulu

05-03-2010

AANONA omathele mboka ya valelwa pondje oya mbombolokele poKatutura Youth Centre metitatu pompito ya hugunina yokwiishangitha noshowo okutalwa kutya yo oshili aavalelwa muundjendi

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Aapolisi ya Shana taya longwa elaka lyoshimbolo mEluwa

05-03-2010

AAPOLISI yomOshitopolwa sha Shana ye li omilongombali oya tameka osikola yoshimbolo mosikola yoombolo naaposi, ndjoka pethimbo ndika hayi ithanwa Osikola yOsipesiale ya Eluwa mOngwediva mOshitopolwa

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Zimbabwe ta edhile oshitaasi sha Hwange

05-03-2010

ZIMBABWE ota dhiladhila okupata oshitaasi shokudhiga olusheno shaHwange, molwaashoka oha shi teka olundji.Etseyitho ndika olya ningwa konima ashike yoomvula ndatu sho Namibia agandja omukuli gwoodola

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Omvula ombwanawa ya udhitha odamaHardap

05-03-2010

OMVULA onene ndjoka ya loko kuumbangalantu womatondokelo gomulonga gwa Fish osoondaha nomaandaha ga yi oya indjipaleke omeya modama ya Hardap. Omeya oga indjipala nooperesenda ne sigo opooperesenda 70

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Oshikondo shoomina sha hupu muudhigu

05-03-2010

OSHIKONDO shoomina osha piti muudhigu momumvo 2008, omolwa omahupilo guuyuni ga li taga shongola.Shika osha popiwa momushangwahokololo gUuministeli Woomina.Omushangwahokololo gwo 2008-2009 ogwa ti

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Bafana Is NO Powerhouse!

05-03-2010

BAFANA Bafana’s over estimation of themselves is nothing new. However it is something they need to seriously address before they self destruct. Renowned Super Sport columnist Thomas Kwenaite recently

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Tigers plan to revive its netball club

05-03-2010

Tigers Sport Club is inviting its old netball players, members, supporters, sympathisers and individuals who are interested to join the Tigers Netball Club to a consultative meeting to be held on

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Leo NFA Cup last 32

05-03-2010

SIXTEEN matches of the Leo NFA Cup are scheduled to take place in Windhoek, Walvis Bay and Otjiwarongo this weekend. The last 16 are certain to be deprived of two premier league heavyweights as

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Pirates get FNB sponsorship

05-03-2010

ORLANDO Pirates Football Club agreed to a five-year sponsorship deal with FNB yesterday, making it the sixth Premier League club to share in FNB’s sponsorship initiative. The signing of the agreement

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Social League Fixture

05-03-2010

Saturday 06 TransNamib Gammams 10h00 Min of Finance v Kalahari Sands 11h30 Min of Env. v Voltman All Stars 13h00 US G4S v Leo 14h30 Windhoek United v SKW U-20 16h00 Real Latino v

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Parreira names 29 players for Brazil

05-03-2010

Bafana Bafana coach Carlos Alberto Parreira, named 29 players for a training camp in Brazil to prepare for June’s World Cup finals on home soil. The squad: Goalkeepers: Emile Baron (SuperSport

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Johnson and Stryis fined

05-03-2010

THE International Cricket Council (ICC) has announced that Mitchell Johnson and Scott Styris have been found guilty of breaching the ICC’s Code of Conduct in the one-day international that took place

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England coach pleased with lessons learned

05-03-2010

LONDON - England coach Fabio Capello was pleased with the lessons learned from Wednesday’s 3-1 friendly win over Egypt, especially in view of his team’s World Cup meeting with Algeria in June.Egypt

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Big guns back for unbeaten Chiefs

05-03-2010

SYDNEY - The unbeaten Waikato Chiefs welcome back strike weapons Mils Muliaina and Sitiveni Sivivatu as they look to take full advantage of leaders Northern Bulls’ bye and go top of rugby’s Super 14

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SMSes of 5 March 2010

05-03-2010

* ANYONE who has not been a teacher does not realise that the time spent teaching in the classroom is only 40 per cent of the job. I was a teacher but left the profession as I found it too stressful.

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Swanu to discipline Hendrik Christian

05-03-2010

THE action of a member of the Swanu opposition party, who distributed a statement critical of a High Court judge at a court hearing earlier this week, will have disciplinary consequences, the party

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Parties forfeit poster deposit

05-03-2010

MORE than three months after Namibians went to the polls, some political parties have still not removed their election posters from lampposts in the capital.According to Liz Sibindi, spokesperson for

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Ondangwa orders squatters to move

05-03-2010

THE Ondangwa Town Council has ordered more than 50 households in the Oshitapo, Onguta and Omakulukuma informal settlements to move their corrugated-iron shacks, or kambashus, to make way for the

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Accounting chaos at Ohangwena

05-03-2010

OFFICIALS of the Ohangwena Regional Council handed in travel and subsistence claims for N$269 507 but no documents to support these claims were available to the auditors, while N$2,6 million paid to a

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New MPs told to pull their weight

05-03-2010

PRESIDENT Hifikepunye Pohamba yesterday said Swapo Members of Parliament would be recalled if they don’t deliver. He told MPs that they should know “that they are not representing themselves when in

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Social media give more power to the people

05-03-2010

THINK the new social media are just about friends, fans and the fluffy side of life? Wrong. Think again.Among others, they are increasingly being used as a cutting-edge tool by government agencies and

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Nazi flag causes a stir at Omaruru

05-03-2010

AN authentic Nazi-flag that was for sale at the Bliss antiques shop in Omaruru during the past week caused a stir among some locals who felt offended by the symbol associated with the Holocaust.Karin

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NA Standing Committee paints bleak picture of foreign missions

05-03-2010

WINDHOEK – The Parliamentary Standing Committee on Foreign Affairs, Defence and Security on Wednesday painted a dark picture of the living conditions of Namibians at some foreign missions.Lucia Basson

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Mbanderu succession squabble continues

05-03-2010

THE Mbanderu group supporting Keharanjo II Nguvauva in the community’s leadership succession dispute has sharply criticised a rival group, which had called on President Hifikepunye Pohamba to

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Headman on rape charge

05-03-2010

AN Ondonga traditional leader, Tileinge Hapulile Tobias Wapulile from Ekonghola village, appeared in the Ondangwa Magistrate’s Court on Monday on charges of rape, incest, assault and kidnapping.The

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Hake fisheries get TAC breather

05-03-2010

NAMIBIA’S hake industry has been given an increase of about eight to ten per cent on its 2010-2011 Total Allowable Catch (TAC) – increasing the tonnage from 135 000 in the 2009-2010 season to about

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DNA tests done here soon

05-03-2010

AS from August this year, the long wait for the results of DNA tests should be something of the past for Namibians.This assurance came from Paul Ludik, Director of the National Forensic Science

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Cattle rustlers ambush Nam cops in Zambia

05-03-2010

A GANG of armed suspected cattle rustlers have wounded two members of the Namibian Police’s Special Reserve Force in a gunfight after leading them into an ambush across the Zambian border on

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4 sentenced for culpable homicide

05-03-2010

FOUR men who stood trial on murder charges in the Rehoboth Regional Court were convicted on the less serious charge of culpable homicide this week.Regional Magistrate Dinnah Usiku found that although

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No need to panic, says Parreira

05-03-2010

Bafana Bafana head coach Carlos Alberto Parreira says there is no need to panic after his side scraped to an unconvincing 1-1 draw against neighbours Namibia – a team consisting of teachers and

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Standard Bank’s profit drops 20%, sees better 2010

05-03-2010

JOHANNESBURG – Bad debts knocked profits at South Africa’s Standard Bank last year as consumers struggled to repay loans and Africa’s biggest bank by assets said it expects only a slow economic

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Pirates hit Spanish boat with RPG

05-03-2010

NAIROBI – Private security guards aboard a Spanish fishing trawler fought a gunbattle with Somali pirates on the Indian Ocean yesterday, as confrontations between mariners and brigands off the coast

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Cattle rustling threatens beef sector

05-03-2010

NAMIBIA’S entire meat industry, worth an estimated N$3 billion, is in jeopardy because of rapidly increasing stock theft. Farmers and industry insiders say that the illegal movement of animals is

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Stunned opposition regroups

05-03-2010

OPPOSITION parties will meet at 11h00 today to decide whether or not to appeal the High Court’s ruling to strike their challenge of last year’s presidential and National Assembly elections from the

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Poll case thrown out

05-03-2010

A HARD-FOUGHT challenge to Namibia's presidential and National Assembly elections of November 27 and 28 last year was thrown out by the High Court yesterday afternoon.The challenge by nine political

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Notable Quotes

05-03-2010

She knows that prosecution of my clients is set aside but opts for contempt of court. The court must take a robust approach to instill confidence (in court orders). – Sisa Namandje filed an urgent

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Political Perspective

05-03-2010

THE Swapo supporters may be ululating and celebrating the outcome of the court case by nine opposition parties challenging the recent elections, but they’ve rather missed the point! In some ways the

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