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Merger of Two Top City.Banks on Cards J * TODAY: TWO CITY BANKS MAY MERGE * MINOR STABS LOVER AND MUM TO DEATH * ANGOLAN TALKS STALL * I ·1 . J I Bringing Africa South VoL3 No. 142 - e c • IOlenee j roe s At least 5 kille.d,300 injured Financial markets jittery, sag JOHANNES.BVRG:South African recorded a stayaway of between 90 and 100 per 'State--Piemdent FW de Klerk last night cent in South Africa's major industrial centres. In an interview televised nationally, De Klerk j l announced further security force said a further 3 000 people would be added to the ; 1 I deployments to haul the country from current 23000-strong security force deployed to \ I the brink of political disaster after a handle political violence following Hani's death. The State President added that thousands more ; I day of widespread violence in which were on stand-by should the need arise. riots swept the country. Consideration was being given to declaring more i 1 Millions of rands damage was caused when magisterial districts unrest areas and the authori­ t I i thousands rampaged through major centres during ties would ensure no illegal marches were allowed, gatherings to mourn slain South African Commu­ should there be a possibility of more violence. ANGOLANS FREE NAMIBIANS ... Members of Angola's MPLA nist Party general secretary Chris Hani. While De Klerk was making his comments for­ police who crossed the border into Namibia and freed civilians at At least five people died and about 300 people eign investors were jittery about the effects of were injured in 65 incidents countrywide during violence onthe economy. Ohakadu in northern Namibia after they had been locked up in a yesterday's stayaway, the largest ever, to mourn Local financial markets sagged with concern shop. The Ohakadu residents were r~bbed at gunpoint, allegedly by fourUnita soldiers, last Saturday. Above: The MPLA men posed for Hani 's death. about possible turmoil after Hani was shot dead by The Namibian's Oswald Shivute on Sunday. A South African Chamber of Business survey continued on page 2 Merger of two top . city.banks on cards J busy examining the assets of both banks. SFOM, TOMMINNEV registered in Geneva, owns 70 per cent of the Commercial Bank and South Africa's Nedcor turned A MERGER or take~over is under discus­ its local branch of Nedbank into the Namibian sion between twoofNamibia's five existing Banking Corporation shortly after independence. commerciafbanks. The Commercial Bank Both banks· had appeared to aim at the richer of Namibia confirmed yesterday its parent clients rather than the general public and bid to company h.adstarted.discussions with the provide a very specialised range of services.. One possible move might be to merge the two banks ~ owner of the Nainibian Banking Corpora- Swakopmund branches. Apart from Windhoek and tion. Swakopmund, only The Commercial Bank has a . According to a statement issued last night: "Societe branch at Keetmanshoop and possibly another at Financiere pour les Pays d'Outre Mer and Nedcor Walvis Bay although previously this wa<;part of a are currently involved in negotiations seeking one South African subsidiary which was sold. Both or other form of co-operation by which to combine banks have also set up trust and estate planning their banking efforts in Namibia." wings. ' The aim would be "to strengthen their existing At June 30, The Commercial Bank of Namibia market bases in Namibia ... to allow for further had total assets at ofR550 million (up 24 per cent expansion . of activities into other parts of the from R444 million in 1991) and 206 employees. country and to provide and extend a full range 'of NBC at September 30 had total assets of R21 1 banking services." continued on page 2 According to unconfim1ed rumours, auditors are 2 Thursday April 15 1993 THE NAMIBIAN Namibia Nature t Foundation Soweto New Appointment We require the services of f> a chartered accountant as Wheels from 1 July 1993. APPLICATION YOUR NEW LOOK SECOND-HAND DEALER REQUIREMENTS Applicants will be required to provide proof oUhe following : 1978 Alfa R3800 1. Namibian Registered Char­ 1987 BMW 320i R33000 tered Accountant . 2. Commitment to conserva­ .. 1988 Toyota Corolla 1600 GL ..: . .... R21 000 tion aM the environment . 1988 2 - 4 Hilux Diesel .. .. ............... R25 000 3. 'Experience in funds man­ agement and investment c'on­ 1987 Mazda 3231300 ... .. .. .. .. .. .. .. .. R15 000 trol. The successful applicant will 1985 Nissan 1400 R9500 work inclos eco-operation with 1980 Datsun 18000 LWB ... .. :.. .. .. .. R9000 I , the director, and will be ex­ pected to enter into a long 1983 2 - 8 Datsun Skyline ...... .. ...... R12 000 term contract with the Nam ibia 1985 Opel Berlina 2 Itr .... .. .. .. .. .... ... R16 500 Nature foundation Applications iVld clXTiwUn vi tae iIle 1980 Mini R6500 10 be seol le: The Director: Namibia Nal1.re BUSINESS HOURS: FOlI1dation. PO 80x.245, Win<floek . Monday· Friday 08hOO· 18hOO Saturday: 08hOO • 13hOO Closing dale for appicatiOl'1S Wedneoday 23 Aprif 1993 Tel: (061) 215012 (oHle. hours) Tel (061) 212416 (after hours) Violence erupts across SA MINISTRY OF HEALTH AND SOCIAL SERVICES FROMPAGE1 I Natal and the Easter lence in Kommetjie, windhows, lootirlg con- Position: Senior Clerk Cape. Kraaifontein and · the sumer goods and torch- Duty Station: Windhoek a white man on Satur- "This is a tragic day Boland towns ofStellen- ing and damaging ve- Starting d.ate: As soon as possible. day. for all of us," African bosch and Worcester. hicles. DUTIES The financial rand National Congress , At Hennanus on the In Durban, thousand<; Under the guidance of the P;ogramme Manager of the Natlonll Aids Control Program and In foreign investment cur- _ spokesperson Carl Cape coast, at least eight of people descended on close collaboration with all other stiff of NACP the Senior Clerk shall: Be responsible for all issues relating to NACP personnel mallers; rency, a barometer of Niehaus said in Soweto people were seriously the city c C?.n~, an,4,¥ .s..,Q, . Be responsible for income and expendhure account and reports thereof including follow up of investor confidence where four people were burnt when the bus tak- went on the rampage. NACP bank account; - abroad, yesterday ended killed .ar;td about 260 ing ~em to work was In the Eastern Cape, Ensure that all reports and doucments outlined in the workplan and budget of the Medium Term six per cent down from others injured set alIght early yester- where emergency regu- Plan are prepared and forwarded to receive~ as planned; the close ahead of the In Cape Town one of day. In Soweto, four lations were placed on Ensure that all equipment and supplies are received and inventoried and forwarded as long Easter weekend two trains heading for people were killed, in- the magisterial districts appropriate; United States inves- the city centre with thou- cluding' the General ' of Port Elizabeth, Cr!!: Ensure that all NACP meetings are prepared well in advance and take place as planned; tors unloaded South sands of mourners was Secretary of the ANC's dock and Uitenhage on Supervise the typist arid drivElrs; . African gold shares on' derailed between Brack:- local branch, Sam Nto- Tuesday night, chaos Perform othElr general accounting and administrative duties as may be requested. Monday after buying enfell and Kra~fontein ' bane, when about 50 ()()() erup~ed . in Port Eliza- , aggressivelyJ ast week, ~hen the passengers people surrounded: the beth s City centre when QUALIFICATIONS: Grade 12 certificate or hs equivalent and the local gold share dislodged it from the Protea police complex. groups of marchers Good accounting background; - Administrative skills; index had slipped 7,8 per tracks by jumping up.3QQ. _ .._ ~~Q~s.2f~_Q£,le were movinglo'wards,the.:city~ Computer and English communication skills. centbyyestetday's close. down inside. ~ "-'- -. --·injured'Or -wO\lndedwbeR.,...-"'tleft~"'ttllr , -:. The overall market was In Cape Town's city police fired at the crowd ing display windows and 4 TERMS AND CONDITIONS down 2,5 per cent. centre, about 1 000 A further 26 people were looting. The appointments are for an initial period of six months with possibilrtyof extension or eventual Yestetday was marked marchers carrying ANC hurt when a stand col- In other parts of South absorption into the Ministry main stream ; by political violence in and Pan Africanist Con- lapsed at Soweto's Jabu- Africa huge crowds The salary attached to the posts will depend on qualifications and the centres of the Cape gress banners rampaged lani amphitheatre dur- peacefully corn memo­ experience. Peninsula, the Transvaal, down Parliament Street, ing a rally addressed by rated their fallen hero. I I smashing plate glass ANC President Nelson Police warned motor- MODE OF APPUCATION : Applicants should forward their CV's, copies of certificates , evidence of previous windows. Mandela. ists to stay away from experienoe and two referees to the Programme Manager, Private Bag 13198, Merger Reports said there were The political feelings several roads around the Windhoek by Friday 30 April 1993. All enquiries should be directed to his office on running street battles in of the day were telling, country . TeI061-224015. FROMPAGE1 many parts of the city given the reported heck:- The main Port Eliza- Interviews will be conducted on Thursday 6 May 1993. Applicants are therefore centre as unruly elements ling and hissing of beth/Uitenhage road wa<;; required to state telephone numbers on which they can be contaC1ed . million, down from R223 fired at police, and se- Mandela when he once closed until further no-' Only short listed applicants will be contaC1ed million the year before curity forces responded. again appealed for calm tice from 09hOO yester­ and had seen a year of "Given the number of and restraint and m ade a day because of petrol falling deposits, cash and criminal deeds - arson, complimentary remark bomb attacks on ve- advances.
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