Namibia Asset Management Investors Back Coronation Management Agreement

Shareholders of Namibia Asset Management Ltd. approved a sub-management agreement with Coronation Asset Management Ltd., the Windhoek-based company said in a statement distributed by JSE Ltd.

Namibia: Manager on the Run, Millions Missing at Rundu Bank

THE former manager of Standard Bank Namibia's Rundu branch has been on the run from the Police since last month after allegedly swindling the bank out of millions of dollars.

Namibia: National Council Lobby Calls for Women Candidates

WOMEN in the National Council (NC) have called upon women in Namibia to make themselves available as candidates to stand for the country-wide regional and local authority elections scheduled for November this year.

Namibia: Workers Congress Ready to Go

THE National Union of Namibian Workers (NUNW) secretary general yesterday held a meeting with affiliated industrial unions' general secretaries to iron out the contentious issue of this coming weekend's congress agenda.

Namibia: Opposition Alliance in Tatters

The All People's Party (APP) has pulled out of the proposed alliance between several opposition parties, after refusing to give up contesting in any of the constituencies in the Kavango Region, leaving the ambitious opposition project in complete tatters.

Summer time

Namibia will revert back to summer time in the early morning hours of Sunday with clocks being turned one hour forward. Officially the time changes at 02h00 Sunday morning and the clocks must be turned an hour forward to enter summer time, which is two hours ahead of Greenwich Mean Time.

Namibia Receives Outstanding Customs Payment From South Africa, Bank Says

Namibia received 800 million Namibian dollars ($109 million) from South Africa for an outstanding customs union payment, Bank of Namibia Governor Ipumbu Shiimi said.

Rugby-Match schedule for the 2011 World Cup

Match schedule for the 2011 rugby World Cup in New Zealand, which runs from Sept. 9-Oct. 23. Pool A Pool B Pool C Pool D New Zealand England Australia South Africa France Argentina Ireland Wales Tonga Scotland Italy Fiji Canada Georgia Russia Samoa Japan Qualifier* U.S. Namibia

Nafinu throws weight behind Kaaronda

THE Namibia Financial Institutions Union (Nafinu) yesterday threw its weight behind under-fire National Union of Namibian Workers (NUNW) secretary general Evilastus Kaaronda, and called on acting NUNW president David Namalenga not to stand for the presidency at the weekend’s NUNW congress.

NAMIBIA RARE EARTHS CLOSES $5 MILLION PRIVATE PLACEMENT

Namibia Rare Earths Inc. is pleased to announce that it has completed a CDN$5,000,000 private placement. Proceeds will be primarily directed towards advancing the development of the Company's core asset - the Lofdal Rare Earth Project in the country of Namibia.