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10:07Last update on: 13 Aug 2013
The Namibian
Tue 13 Aug 2013
SMS Of The Day * THIS nation is in dire need of a massive conference on housing. When we experienced a crisis in the education sector a crisis-control brain-storming conference was organised which resulted in the best deal ever for the Namibian child, nam Food For Thought * BOURGEOISIE has become a daily occupation if not the order of the day of the upper-echelons, President Hifikepunye Pohamba we urge you to revisit this unpatriotic geocentricism among your staff and the well-connected, for everybody to r Bouquets And Brickbats * COMMISSIONER of Prisons, can you please explain the strategies you use to appoint officers to certain positions? It is my observation that you are being fed with wrong information then you just promote individuals without making p SMS Of The Day * I THINK Paulus ‘The Rock’ Ambunda lost his belt because of this promoter and trainer. How can a world champion still be training at the Katutura Youth Complex where there is not enough equipment. I think they must follow the example of Ha Food For Thought * NAMIBIA Dairies are unable to match low prices of imported milk and this ultimately means the consumer will have to pay more for local milk. Look at the prices of the local chicken. All these profits are going in the pockets of a few in Bouquets And Brickbats * I AM pleased to hear that Cabinet has responded positively to the proposal of Namibia Dairies to support the industry. The restrictions which support the industry by reducing competition to ensure the survival of the industry is a SMS Of The Day * CEO’s golden handshakes. Somewhere on our statute books there must be a provision that if a board of directors suspends/dismisses a CEO without due regard to legal provision (substantive/procedural law) such board must carry the costs for Food For Thought * JACKY Asheeke was so right with her last column- why are the fathers of the dead children not being prosecuted? (Reference to the children who died in shack fires last week) Our justice system still protects men over women. In this cont Bouquets And Brickbats * ALEXACTUS Kaure, your column in Friday’s newspaper opened my eyes. One hardly finds impartial case study analysers in Namibia. Let’s not destroy the Polytechnic’s strong foundation (Tjivikua) as yet. At least wait until the transf SMS Of The Day * WHY doesn’t NBC listen when they are criticised? The little red chairs on Good Morning Namibia have done their part and are dirty especially at the arm rests. Please listen for once. You interview professionals and internationals on those Food For Thought * MINISTRY of Education, in order to address the shortages of teachers at primary schools why don’t you consider employing us who hold a diploma in lifelong learning and community education for teaching posts? We also did health education Bouquets And Brickbats * MY fellow Namibians, I am not a Swapo member but a third term for President Hifikepuye Pohamba will be a step closer towards attainment of Vision 2030. Believe me His Excellency has made crucial bold decisions, and I don’t regret
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BUSINESS - ECONOMY
| 2013-07-22
Britain says Olympics have paid off with economic boost
LONDON-The economic benefits of hosting the Olympics in London already outweigh the nine billion pounds of public money spent on the Games, the British government said on Friday.
A year on, the Games remain a fond memory for most Britons who recall the triumphs of runner Mo Farah and cyclist Chris Hoy but have gone back to their daily routines in a country where the economy is showing signs of life after a long stagnation. Keen to show that the London 2012 Games had a lasting impact, the government said it calculated Britain had enjoyed a 9, 9 billion pound boost to trade and investment from staging the world’s biggest sporting event. Spending by foreign tourists also rose by 600 million pounds in 2012.
But while the figures show Britain well on the way to surpassing a target of 13 billion pounds in economic impact set by Prime Minister David Cameron ahead of the Games, economists had previously questioned the basis for government predictions. They caution that it is difficult to quantify the exact economic impact of major sporting events like the Olympics and that the sums involved tend to be relatively modest.
Britain tried to use the international attention focused on the Olympics to showcase itself as a place to do business. The government ran a series of conferences parallel to the Games to drive home its message to hundreds of executives who came to the British capital. “We are harnessing the Olympic momentum and delivering the lasting business legacy of the Games that will help make Britain a winner in the global race,” Prime Minister David Cameron said in a statement. A separate report by a consortium led by accountants Grant Thornton said the Games could generate benefits of between 28 and 41 billion pounds by 2020.
UK Trade and Investment, the department who produced the government figures said they included 5,9 billion pounds of sales from conferences around the Games, 2,5 billion pounds of additional inward investment and 1,5 billion pounds of contracts for forthcoming Olympics and World Cups with Brazil and Russia.
-Nampa-Reuters
A year on, the Games remain a fond memory for most Britons who recall the triumphs of runner Mo Farah and cyclist Chris Hoy but have gone back to their daily routines in a country where the economy is showing signs of life after a long stagnation. Keen to show that the London 2012 Games had a lasting impact, the government said it calculated Britain had enjoyed a 9, 9 billion pound boost to trade and investment from staging the world’s biggest sporting event. Spending by foreign tourists also rose by 600 million pounds in 2012.
But while the figures show Britain well on the way to surpassing a target of 13 billion pounds in economic impact set by Prime Minister David Cameron ahead of the Games, economists had previously questioned the basis for government predictions. They caution that it is difficult to quantify the exact economic impact of major sporting events like the Olympics and that the sums involved tend to be relatively modest.
Britain tried to use the international attention focused on the Olympics to showcase itself as a place to do business. The government ran a series of conferences parallel to the Games to drive home its message to hundreds of executives who came to the British capital. “We are harnessing the Olympic momentum and delivering the lasting business legacy of the Games that will help make Britain a winner in the global race,” Prime Minister David Cameron said in a statement. A separate report by a consortium led by accountants Grant Thornton said the Games could generate benefits of between 28 and 41 billion pounds by 2020.
UK Trade and Investment, the department who produced the government figures said they included 5,9 billion pounds of sales from conferences around the Games, 2,5 billion pounds of additional inward investment and 1,5 billion pounds of contracts for forthcoming Olympics and World Cups with Brazil and Russia.
-Nampa-Reuters
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