54 Articles found on Thursday, 27 May 2010

South Africa discloses plans to use natural gas

27-05-2010

SOUTH Africa’s Minister of Energy Dipuo Peters says her government is working to quantify the reserves of natural and methane gas in this country with a view to using it to supply household gas to

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Nigeria: A lottery you might just win

27-05-2010

LAGOS – The view of Lagos from the top of the Eko Hotel must be familiar to many of the fund managers and strategists who jet in to Nigeria periodically, scouting for investment opportunities.In the

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SARB ‘cautiously optimistic’ about banks

27-05-2010

JOHANNESBURG – South Africa’s Reserve Bank is “cautiously optimistic” about banking sector performance this year, but is concerned about debt-laden consumers and fallout from the euro crisis, banks

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MTN drags ‘big guns’ to Orascom deal

27-05-2010

ALGIERS – South Africa’s Deputy Trade Minister called Algeria on Tuesday to ease the way for South Africa’s MTN to buy the Algerian unit of Egypt’s Orascom Telecom, a financial source present at a

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‘No threat to the euro system’, says IMF chief

27-05-2010

SAO PAULO – IMF chief Dominique Strauss-Kahn has dismissed fears the strains on the euro would lead to the collapse of the eurozone despite a sharp fall in stocks and a race to the safe-haven

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Zimbabwe growth may slow without reforms

27-05-2010

WASHINGTON – The IMF on Tuesday urged Zimbabwe to take corrective measures to repair its economy and warned that without them economic growth could slow significantly this year undermining progress

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African leaders urged to spread continent’s wealth

27-05-2010

JOHANNESBURG – Africa’s growing wealth needs to be spread beyond the confines of powerful elites and governments must come clean about opaque mining and oil deals, a leading think-tank said on

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Shadow system erodes Africa’s economic growth

27-05-2010

SOUTH Africa is one of five African countries where economic growth is eroded by huge illicit financial outflows, according to the Africa Progress Report released in Johannesburg this week.It said

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South African fruit exporters turn to air freight to retain markets

27-05-2010

DESPERATE to maintain their export schedule and customers despite the disruptions of the Transnet strike, South African subtropical fruit exporting companies are using air freight at a cost of N$40

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Rio fears mining tax may spread

27-05-2010

MELBOURNE – Global miner Rio Tinto Ltd said yesterday it was concerned that other nations could follow Australia’s lead by introducing a windfall tax on mining profits.Australia’s new super profits

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Biodiversity loss increasing

27-05-2010

IT is sad that world leaders have failed to significantly reduce the rate of biodiversity loss, Environment and Tourism Minister Netumbo Nandi-Ndaitwah said on Friday.This, she said, is according to

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Namibia gives big to the world of botany

27-05-2010

IF countries that have produced extensive and comprehensive books on their plant species were to be awarded for that, it will be proper for the next International Botanic Congress (IBC) to accord such

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Oz baby lives after pram hit by train

27-05-2010

MELBOURNE – A 15-month-old boy escaped with just a few cuts and bruises yesterday after a train struck his pram, which rolled onto the tracks when the child’s grandmother looked away for just a

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Polish leader’s mother told of son’s tragic death

27-05-2010

WARSAW – For six weeks, the mother of the late president, Lech Kaczynski, lay critically ill in a Warsaw hospital with no idea that her son died in a plane crash in Russia.But the late president’s

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Divers explore Cleopatra’s palace

27-05-2010

ALEXANDRIA – Plunging into the waters off Alexandria on Tuesday, divers explored the submerged ruins of a palace and temple complex from which Cleopatra ruled, swimming over heaps of limestone blocks

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Atlantis lands for the last time

27-05-2010

CAPE CANAVERAL – Space shuttle Atlantis returned from its final voyage yesterday, closing out a quarter-century flying career and safely bringing back six astronauts from a successful space station

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Plug the damn hole – Obama

27-05-2010

NEW ORLEANS – BP carried out final tests yesterday to see whether to press ahead with a risky deepwater bid to cap the Gulf of Mexico leak, saying a decision would come later in the day.“We’ll take a

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Over 40 civilians dead in Kingston

27-05-2010

KINGSTON – Jamaica’s official ombudsman says at least 44 people have died in battles between police and gunmen supporting an alleged gang leader wanted in the United States.Bishop Herro Blair said

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American Idol finale an all-round lovefest

27-05-2010

CRYSTAL Bowersox sparkled in each of her three song performances on the first night of this year’s ‘American Idol’ finale, while competitor Lee DeWyze drew praise for his spirit and voice but fell

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‘Black Pavarotti’ dies just days before he was to open World Cup

27-05-2010

A singer dubbed the ‘Black Pavarotti’ died yesterday – just over a fortnight before he was due to open the World Cup alongside Nelson Mandela.South African Siphiwo Ntshebe, 34, had been chosen by

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Lindsay ordered to take random tests, wear alcohol bracelet

27-05-2010

A Beverly Hills judge on Monday ordered Lindsay Lohan to undergo random weekly drug and alcohol testing and wear an alcohol monitoring device, brushing aside objections that they would hinder an

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Nampower okwa thaneka omagwedhelo ogendji

27-05-2010

EHANGANO lyomalusheno LyaNamibia olya thaneka oku ka gwedhela ondando yolusheno okuuka pombanda momimvo tadhi landula, pahapu dhomuwiliki gwehangano, Paulinus Shilamba.Shilamba okwati  ohaya

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Agra a kaleke elanditho lyoongombe

27-05-2010

EHANGANO lyAgra olya kaleke elanditho lyiinamwenyo ndyoka lya li lya thanekelwa etitatu netine oshiwike shika omolwa omukithi golwiidhi lwa Rift valley.Eholokepo lyomukithi nguka  hagu dhipaga

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Aapolisi mo nooli ya gongala

27-05-2010

AANAMBELEWA aakuluntu yaapolisi miitopolowa Oshikoto, Oshana, Ohangwena, Omusati nOkunene oshiwike sha zi ko oya li noshigongiilonga shomasiku gaali, shi na sha nelongo lyenkondopaleko lyIilonga

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Nujoma a pewa omagano ogendji

27-05-2010

OMUKOKOLIPRESIDENDE Sam Nujoma mOlyomakaya ga zi ko okwa pewa olupandu olunene kAanangeshefa yomOmbalantu mOmusati nayalwe wo yomoshitopolwa shoka. Ano a pewa olupandu lwoongombe omilongondatu (30),

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Aochamub blasts destructive football bosses

27-05-2010

MTC General Manager of Corporate Affairs Albertus Aochumub has called for incompetent football administrators to step down if they are no longer up to the challenge of running domestic football.

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MTC committed to Namibian football: Aochamub

27-05-2010

MOBILE Telecommunications Limited (MTC) yesterday announced a N$500 000 increase in its sponsorship to the Namibia Premier League (NPL) for the next season, thereby quashing rumours that MTC would

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Henin, Sharapova advance, Safina stunned

27-05-2010

ON the day King Rafa and Queen Justine took the first steps to reclaiming their Roland Garros thrones, veteran Kimiko Date Krumm eclipsed both former champions with a fairytale victory. The Japanese,

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Sport to gain more recognition

27-05-2010

THE Director of Sport in the Ministry of Youth, National Service, Sport and Culture, Vetumbuavi Veii, says the directorate will do its best to remove remaining impediments hindering the development of

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Schools’ rugby league kicks off

27-05-2010

A TOTAL of 106 teams from 50 participating schools are preparing for the start of their rugby season as the annual Metropolitan Boards Trophy League kicks off this Saturday.Last year, 105 teams from

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Shop assistant off to 2010 World Cup

27-05-2010

PELAGIAIT Shikongo, a 27-year-old shop assistant from Oshakati, is going to the 2010 Fifa World Cup in South Africa.Along with Timoteus Aron from Ondangwa and Swakopmund resident Shatona Ndepofin,

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Brazil takes top ranking into World Cup

27-05-2010

ZURICH – Brazil will head to the World Cup as the number one team, according to the latest FIFA rankings.The five-time world champion retained top spot ahead of European champion Spain in yesterday’s

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Cameroon and Nigeria fire blanks

27-05-2010

CAMEROON and Nigeria both struggled in early test matches in the final push to the 2010 World Cup, playing to scoreless draws on Tuesday against sides not appearing at the South Africa finals.

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Aussies leave for World Cup with high hopes

27-05-2010

MELBOURNE – The Socceroos left Australia yesterday with high hopes of making an impact at next month’s World Cup in South Africa.The Australian squad will be the first overseas team to arrive in the

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SMSes for Thursday 27 May 2010

27-05-2010

* With May 3, a day declared by the United Nations back in 1991 as World Press Freedom Day, if added to the many holidays we already have in only the month of May, many Namibians will end up having

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Trustco suspends subsidiary head

27-05-2010

TRUSTCO Group International (TGI) yesterday suspended one of its managing directors, who was heading the Trustco Life subsidiary, on charges of breaching company policy after unions threatened to

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Ten dollars for a 200-year-old tree

27-05-2010

MILE 20 – Despite the investment of millions of donor dollars, the permit system in Namibia’s Community Forests has failed dismally, say biodiversity experts. Illegal logging in the inland Kavango is

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Statistics bureau autonomous in 6 months

27-05-2010

THE Central Bureau of Statistics will become an autonomous body within six months, the Director General of the National Planning Commission (NPC), Tom Alweendo, said on Friday.Alweendo was speaking at

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Omaruru unhappy about CEO bonus

27-05-2010

THERE is unhappiness in Omaruru over a 16 per cent performance bonus recently awarded to the town’s CEO, Werner Iita.The general feeling is that 16 per cent of his annual salary is too much in view of

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Ministry of Fisheries yet to decide on relocation of fish farm

27-05-2010

KAISOSI – The Ministry of Fisheries and Marine Resources remains undecided on whether to revive or relocate the Shipapo Wambambangandu fish farm at Kaisosi on the outskirts of Rundu.The ministry

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Livestock exports still on hold

27-05-2010

IT WILL take at least three more weeks before live animal exports to South Africa can resume fully.The green light was given yesterday that live animals may be exported to SA provided they were

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Lenience for robber who left ID at scene

27-05-2010

A HAPLESS robber who left a damning calling card – his own identity document – at the scene of his crime about four years ago was shown mercy and lenience in the Windhoek Magistrate’s Court

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Hope of finding Canido survivors fades

27-05-2010

HOPE of finding the three crewmembers of the Namibian-registered fishing vessel Canido MFV, which sank in Angolan waters on May 6, are diminishing and there is already talk that death certificates

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Four face sentencing for fraud from 2000

27-05-2010

A FORMER official in the Ministry of Agriculture and three businessman co-accused are awaiting a sentencing in the Windhoek Regional Court after being convicted on almost ten-year-old fraud charges

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Fish stocks: the outlook is dire

27-05-2010

UNITED NATIONS – Environmentalists and scientists warned of collapsing fish stocks and tiny Pacific nation Palau sounded the alarm for sharks as diplomats on Monday launched a week-long review of high

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Empowerment fund could propel BEE

27-05-2010

FOREIGN companies that do not want to sell shares to Namibians could pay a percentage of their turnover into a national empowerment fund, which could be used to support black economic empowerment

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Alleged robber caught after crashing car

27-05-2010

ANDRE Diergaardt (25) was to appear in the Walvis Bay Magistrate’s Court on Monday for allegedly robbing a petrol station in the harbour town on Sunday morning.According to the Erongo Police’s Crime

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African Stars dominate top Premier League awards

27-05-2010

FRESHLY crowned league champions African Stars dominated this year’s MTC Namibia Premier League (NPL) awards held in the capital yesterday.Following the successful defence of their league crown,

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IMF wants tighter financial controls

27-05-2010

ALTHOUGH Namibia is on the right track regarding fiscal consolidation to counter the adverse economic effects stemming from the global financial slump, Government needs to be “more ambitious” in its

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US seeks action on ship sinking

27-05-2010

SEOULl – US Secretary of State Hillary Rodham Clinton said yesterday the world must respond to the sinking of a South Korean warship that has been blamed on North Korea.“This was an unacceptable

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South African rail strike cripples TransNamib

27-05-2010

THE already troubled national transport company, TransNamib, is losing up to N$500 000 per day as a result of the Transnet wage strike in South Africa.This strike is expected to have a crippling

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Politics and economics are bedfellows: Shanghala

27-05-2010

A GOVERNMENT official who is also a businessman says politics and economics are bedfellows and cannot be separated from each other. “If I would go into business I would host politicians and play golf

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Namfisa probe unravels

27-05-2010

TOP State House officials had a finger in the five-year investigation and a raid last week on the offices of the life-insurance company Financial Investment Services (FIS) by the Namibia Financial

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Notable Quotes

27-05-2010

Farmers are advised to vaccinate their livestock against the disease following the manufacturer’s instructions before the rainy season, when increased mosquito activity is expected. – Chief veterinary

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