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Capricorn Investment Holdings (CIH), the parent company of Bank Windhoek, has made inroads into the Zambian financial services sector through an acquisition in Cavemont Capital Bank Ltd, also known as Cavemont Bank. In 2006, Capricorn kick-started its bold expansion plans by acquiring a substantial shareholding in Botswana's Bank Gaborone.
South Africa's biggest bank, Absa which had indicated that it will open its first commercial branch in Namibia by March 2009, is now reviewing its strategy for entering into the local banking sector.Absa was awarded a banking license by the Bank of Namibia in October and is expected to start operating in March.
SINCE their ever-presence on the corners of most of our main streets countrywide seems to have become an everyday spectacle that appears to be taken for granted by the mothers and fathers of our cities and towns, if not by the our policymakers in general, I cannot but put their plight uppermost on my wish list for 2009.
In his lecture to the Royal Colonial Institute in January 1914, Professor Bonn, refering to the then South-West Africa, and in particular the German actions toward our Herero people, had the following to say, as captured in the Report on the Natives of South West Africa and their Treatment by Germany: "We tried to assume to ourselves the functions of Providence, and we tried to exterminate a ...
IT is shameful that in this day and age, the world is looking on while horror and brutality is unleashed on Palestinians in Gaza. Without doubt, the callous and indiscriminate killing of Palestinians in Gaza during the past weeks is a crime against humanity.
IT has always been the same with me, every time the new year ushers in, I tend to make a number of resolutions. I always intend to adhere to them but distractions of this world seem to always lure me away from fulfilling the goals.
DTA of Namibia Secretary General McHenry Venaani has called on Government officials and agencies that are currently distributing drought relief aid to stop claiming that the food is coming directly from the ruling Swapo Party.
A storm appears to have been brewing slowly and quietly within the Royal House of Chief Kambazembi, with the former secretary of this traditional authority finding himself in the wilderness for months amid uncertainty on whether he has been suspended or expelled.
Tsumeb faces a serious economic deceleration. The Tsumeb Town Council is appealing to Government to speed up the implementation of long-awaited projects in order to soak up the numbers of laid-off mineworkers in the town.
Red lights are flickering over the frequency of neglect and the sheer abuse of domesticated pets, and the onset of the festive season has merely worsened issues.
Government procurement of locally manufactured goods is one of the challenges that the local manufacturers hope to overcome this year, along with improved trade access to Angola and other countries in the region, the Namibian Manufacturers Association has said.
Good rains that prevailed in most of the country's 13 regions revived pastures. The generally catastrophic scenario of previous rainy seasons that saw many herds of cattle succumb to drought could thus be largely averted.
Orpa Dengee, a mother of triplets entered the New Year as a house owner, thanks to good-hearted staff members at Bank Windhoek.
The latest National Early Warning and Food Information System (NEWFIU) paints a gloomy picture regarding production of the staple millet crop in the Kavango Region, where the bulk of subsistence farmers have expressed deep concern over shortage of seed.
The first ever electronic and computer games competition in the country was well received with nearly 60 gaming pundits taking part.
Children and young people living with HIV in Namibia and Tanzania are not getting the kind of moral support they need to further their education, according to the first United Nations report commissioned specifically on the learning needs of this vulnerable group.
A VERY difficult year is about to pass and another one usher in. 2008 will remain in the memory of most people of the world, Namibians included, for a long time to come. It was indeed no easy year.
Moses Magadza interviews PHERA RAMOELI, head of the SADC water division
The arts and music scenes this year produced some memorable and exciting creative productions, of which Namibian artists as well as the public can be truly proud. More high quality productions on all fronts are expected in the New Year.
The 4th edition of the Victoria Falls International Jazz Festival will take place at the Elephant Hills on December 24 and 25.
The first-ever self-written theatre book by the Namibian youth has just been published and will be formally launched early next year, the chairperson of Assitej-Namibia (Organisation of Theatre for Children and Young People), David Ndjavera, announced.
When I listen to the absolute nonsense being thrown around in financial circles regarding the causes and the solutions to the global mess, I shudder to think these people are actually in charge of our economic destiny.
In line with De Beers' decision to scale back, the company's operations are starting to reduce production.
In a news article published in "The Namibian" newspaper on 9 December 2008, Margret Mensah, the chairperson of Namibia's Legislative body, the National Council, is reported to have called on the Ombudsman Office to investigate "The Namibian"'s sms (text message) readers' page and radio chat show programmes as to whether they are being used to demonise Namibian leaders. "The Namibian" publishes sms ...
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