Christmas cheer in Namibia for Brangelina clan
It was a hot Christmas for Angelina Joile and Brad Pitt in Namibia
Uranium ETF provides play on nuclear energy
A growing demand for nuclear energy across much of the globe will undoubtedly make uranium a prized commodity, as new power plants proliferate. Investors seeking to capitalize on this evolving energy trend might consider a new exchange-traded fund, the Global X Uranium ETF (NYSE: URA), one of the very few investment vehicles in the world that can be regarded as a pure play on uranium.
German 'flight bomb' scare a security test: minister
A suspect package believed to be containing components of a bomb found at Windhoek airport on Thursday was only a security test, German officials said on Friday. Interior Minister Thomas de Maiziere stated that suitcase was only designed for security checks and no explosives of threat to passengers were found in the package.
German 'flight bomb' scare, a security test: minister
A suspect package believed to be containing components of a bomb found at Windhoek airport on Thursday was only a security test, German officials said on Friday. Interior Minister Thomas de Maiziere stated that suitcase was only designed for security checks and no explosives of threat to passengers were found in the package.
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FIFA comes live here thanks to solar energy
As excitement mounts over the ongoing World Cup in Johannesburg, more than 2,000 residents formerly without access to electricity can plug into the soccer competition at 36 solar-operated television viewing points that SolarWorld has installed in remote African villages.
African gene trawl may provide secrets to long life
Researchers sequenced the complete genomes of five southern Africans over the age of 80 -- Archbishop Desmond Tutu from South Africa and four Bushmen from Namibia.
Zimbabwe diamond industry may face more trouble
Zimbabwe's diamond sector is facing trouble again in the New Year with a coalition of industry-based associations and representatives in the US met the state department and demanded tough action by the Kimberley Process against the erring miners. They urged strict steps in implementing the joint work plan (JWP) designed to bring Zimbabwe into full KP compliance.
Uranium glut caps shares but China boosts future
Shares in uranium producers offer prospects of long-term gains as China ramps up ambitious growth in its nuclear industry, but the ride may be rough due to excess near-term supplies from expanding mines and inventories.
Telkom H1 profit falls, shares slump
South African fixed-line phone company Telkom SA Ltd reported close to a 40 percent fall in first-half profit on Monday as both its domestic and Nigerian units struggled, sending its shares tumbling.
Anglo may unload zinc first in $6 billion auction
Anglo American, pressured by investors after an abortive merger bid from rival Xstrata, could offload its zinc operations first in a fresh divestment drive that could raise $6 billion.
Forsys cancels C$579 mln George Forrest takeover
Forsys Metals Corp said on Tuesday it has terminated its agreed C$579 million ($504 million) takeover by holding company George Forrest International Afrique (GFI) after the buyer failed to transfer funds to complete the deal.
Why it’s OK to go to Africa
People who've traveled through Africa almost always say it was an amazing and unforgettable experience, yet most others are still either scared or disinterested.
China-Oz deals to surge despite Rio tensions
China is undeterred by recent Sino-Australian tensions and is gearing up for a slew of deals down under in everything from iron ore to property, bankers and lawyers say.
Petrobras brings good news Acquisition
Brazilian Company, Petrobras which has acquired 60% of interest in Namibian exploration recently on Tuesday said it has $10 billion credit line from the China Development Bank to refinance its investments and services that has bought from china.
EU nations agree seal product ban, trade spat looms
European ambassadors approved a European Union plan to ban imports of furs and other products from culled seals on Friday, moving the 27-nation bloc one step closer to a trade clash with Norway and Canada.
FACTBOX: Attendance at U.N. conference on racism
Following is the roster of countries attending or boycotting a U.N. conference on racism that opened in Geneva on Monday.
Zimbabwe seeks S.Africa help with rand: Tsvangirai
Zimbabwe is engaging South Africa over using its neighbour's rand currency to boost foreign exchange liquidity, Prime Minister Morgan Tsvangirai said on Thursday.
AGC takes 29.04% stake in Aflease Gold
Commodity Online
JOHANNES BURG: African Global Capital on Sunday announced its first investment by taking stakes of nearly 30 percent in Aflease Gold, according to South Africa s Business D...
Fugitive Alexander secures extradition delay
Fugitive U.S. millionaire Jacob 'Kobi' Alexander, who has made political connections and pledged to invest millions of dollars in Namibia, secured another delay in his extradition hearing on Monday.
There's Little to Celebrate Over African City Summits
Nairobi's Africities summit is the fourth for local governments in the continent. The first, in Abidjan, Cote d'Ivore in 1998, saw the emergence of the African municipal movement on the regional and international scene.
Namibia's MTC Mobile Firm to Build 3G Network
Namibia's main mobile phone operator, Mobile Telecommunications Limited (MTC), 34-percent owned by Portugal Telecom, plans to launch third generation services and Siemens will build the network.
Nambia Inflation Up to 5.4 pct in Aug
Namibia's annual inflation rate quickened to 5.4 percent in August from 5.1 percent in July, largely driven by rising food and transport costs, official data showed on Monday.
Investors bet on rising costs for scarce water
Investors who have seen energy prices rocket due to scarce supplies are starting to wager that forecasted shortages will cause the value of water to skyrocket
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