NAMIBIA

Namibia 'Space Ball' Mystery is Solved [PHOTOS]

NASA and the ESA Still Investigating
The mystery of the Namibian space ball has been solved before the end of 2011, but the answer, sadly, does not lie in UFOs and alien life. Instead, the extraterrestrial object is almost certainly a hydrazine bladder tank... a mystery solved not by NASA, but by a commenter on Gawker. Details and photos here.
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Mine workers emerge from the pithead at the Harmony Gold mine in Carletonville, west of Johannesburg,

Namibia mine union readies for strike at Rossing

Namibia's Mineworkers Union of Namibia (MUN) on Wednesday served Rio Tinto's Rossing uranium mine with a strike notice after failing to reach a deal in talks over output incentives, with a stoppage expected to start on Friday.
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Uranium Producer Paladin Energy Borrowing

Uranium producer Paladin Energy said Monday it has drawn $127 million from a financing facility, to reimburse costs from the expansion at its Langer Heinrich project in Namibia.
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Being a Celebrity Kid – Boon or Curse?

It must be good karma - being born a celebrity kid - born with the proverbial silver spoon in the mouth. Custom-made designer clothes, huge mansions, vacations around the world, travel by private jets, round-the-clock nannies to fulfill every need - these are just some of the perks of being a star kid.
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World Market Overview 04/06/2011

The Australian share market closed higher for a sixth consecutive trading day with activity subdued after the Reserve Bank (RBA) left interest rates unchanged.

Namibia cbank holds rates, sees quicker growth

Namibia's central bank kept its main interest rate unchanged at 6.0 percent on Wednesday, but said economic growth is likely to be better than previously expected as the economy recovers from a downturn.
Workers walk past gas pipelines at Ivory coast Electricity Production Company (CIPREL) thermal power station in Abidjan

Namibia to solicit bids for $1 bln gas project

Namibia's Nampower plans to solicit bids as early as April for the $1 billion power plant that forms part of its Kudu gas-to-power project, the power utility's managing director told Reuters on Wednesday.
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Botswana-Namibia coal rail link work to start 2012

Construction of a railway line connecting Botswana's Mmamabula coal field with the Namibian port of Walvis Bay, pegged at up to $9 billion, is expected to start in 18 months, a government official said on Friday.
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Namibia to oppose S.Africa customs shake-up plan

Proposed changes to revenue sharing within the Southern African Customs Union (SACU) are unacceptable because they place an unfair burden on its poorer members, a senior Namibian official said on Friday.
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S.Africa customs shake-up to hit neighbours

The Southern Africa Customs Union (SACU) is considering a major overhaul of revenue-sharing that will see South Africa keeping a far bigger slice of pooled customs receipts, according to a policy document.
Fishing

Angola banks on 'fish' to save tourism

Angola is hoping to get back on the world’s tourism map with Tarpons – a fish majorly found in Atlantic waters known for their fighting abilities and large size.

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