January 2012

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Pohamba to focus on Green Scheme Projects this year

NAMPA - Windhoek
NAMPA

President Hifikepunye Pohamba has promised to focus on the expansion of Green Scheme Projects in 2012 in order to boost local food production. Read more about Pohamba to focus on Green Scheme Projects this year

PRESIDENT APPEALS FOR UNITY IN 2012

NAMPA - Windhoek

President Hifikepunye Pohamba has appealed to all Namibians to join hands in order to confront developmental challenges facing the nation this year. Read more about PRESIDENT APPEALS FOR UNITY IN 2012

Two arrested for kidnapping in Swakopmund

NAMPA - Walvis Bay

A 23-year-old woman and her 17-year-old nephew were arrested for kidnapping at Swakopmund's Vineta residential area on Thursday. Read more about Two arrested for kidnapping in Swakopmund

Seven New Year's babies born in Windhoek

NAMPA - Windhoek
NAMPA

The Katutura State Hospital recorded the highest number of babies born on New Year's Day, with five babies delivered by Sunday morning. The first baby, a little girl, was born at 01:16 on the first day of 2012. According to an official in that maternity ward, of the five babies born, three were girls and two boys. At the Windhoek Central Hospital, only one baby was born. The baby boy was born at 04:32. The Rhino Park Private Hospital also recorded only one birth, that of a baby boy at 01:59. Read more about Seven New Year's babies born in Windhoek

NEW YEAR

REUTERS
Reuters

Financial Services Commission chairman Kim Seok-dong poses next to a bull during the opening Read more about NEW YEAR

Lee promises more jobs, less infl ation

NAMPA/AFP - SEOUL

South Korea's president said Monday that creating jobs and taming inflation were his top economic priorities this year, vowing to spend more than US$8.6 billion (about N$70 billion) on expanding employment.

Lee Myung-Bak, in a New Year’s speech, said his administration would create more than 70 000 quality jobs for young people over the next 12 months.

"This year's budget is focused on creating jobs and we will spend more than 10 trillion won ($8.6 billion) to make more jobs," he said. Read more about Lee promises more jobs, less infl ation

Lack of transparency killing Africa’s mining potential

Staff Reporter - Windhoek
THEEASTAFRICAN.CO.KE

Secrecy in handling mining contracts and lack of disclosure on oil and mining revenues are crippling Africa’s mineral potential, denying the continent billions of dollars as commodity prices rise, reports the East African this week.

Experts meeting recently in Addis Ababa warned that while the sector has benefited from the recent commodity boom with net profits for top 40 mining companies expanding by 156% to US$110 billion (N$889 billion), this has yet to translate into substantial benefits for African countries due to governance issues within the sector. Read more about Lack of transparency killing Africa’s mining potential

SOUTH AFRICA’S TRADE DEFICIT DOWN

NAMPA/SAPA - Johannesburg

The trade deficit for November was R8 billion, down from R9.6 billion in October 2011, the SA Revenue Service (SARS) said on Thursday. Read more about SOUTH AFRICA’S TRADE DEFICIT DOWN

Internet-based car-selling scheme

NAMPA/AP - Los Angeles

A federal grand jury indicted six foreign nationals on charges that they defrauded hundreds of customers out of more than U$4 million in bogus Internet car sales, federal prosecutors said. Read more about Internet-based car-selling scheme

SADC now has seed centre

NAMPA - Windhoek

The Southern African Development Community (SADC) has established a centre to address seed supply challenges in the region. The centre is housed at the SADC Plant Genetic Resources Centre in Lusaka, Zambia. Read more about SADC now has seed centre

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