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AS More. Problems Spring up Bank Boosts Stock Exchange * DON'T MISS YOUR COpy OF THE WEEKENDER IN THE NAMIBIAN TODAY * Bringing Africa South Vol,3 No.381 Tribal 'trial' for NBC boss THE NBC FOUND itself embroiled to' involve a fine of several thousand in the tribal tensions of the Caprivi dollars. last Friday when Director-General Any views expressed on the Lozi Nahum Gorelick went to the region service that are intepreted as anti­ to face Chief Boniface Mamili. Mafwe or anti-Mamili are apparently Mamili apparently has a complaint seen by Mafwe leaders as evidence about bias on the NBC's Lozi radio that the NBC is a Swapo mouthpiece. service and had decided to inDict a As a result the reporter hosting a chat ,} wHEN;\ WOMAN traditional punishment on the re­ show where a caller allegedly insulted SA"fS porter he accused of being responsi­ Mamili attracted the Chief's ire. NO) ble. Gorelick said yesterday there was Gorelick went hoping to resolve no way that an individual reporter ~~) HE M(ANS the issue, but came back saying he could be fined and the NBC as a whole was seeking legal opinion on Mamili's NO} demand for traditional redress, said continued on page 2 Zim blames Press • • for land scandal HARARE: Zimbabwe's government I sin yesterday attempted to control damage caused by the scandal over land leases'to top govemmentand ruling Zanu (PF)oflklalsIn tbe face of ftrst signs of a party spilt on the question. PreIIdent ,Robert Mupbe .. currently AS more. problems spring up abread ....., loreIp Investment. Ata ne",~fere.. c:e Apieulture MlniIter K~1ICCU8eClZlm"'we ' sPress at Berg Aukas have re- cates and monthly allow- bid to solve their prob- of "beIIt on frustrating of TYAPPA NAMUTEWA beIna the ,frons fused to leave the DBC ance would be handed out lems. Govemmentpromotingforelgnlnvestment" centreandhavedemanded this morning. AccordingtoDB~gen - with reports of how at least a dozen lenior THIRTY member's of Namibia's to be given jobs by the Asked about the qual- eral manager Stmon otftcialshadbeenissuedwlthlargecommer- troubled Development Brigade who corporation. ity of training DBC ~em - Shikangala th~ whole clal farms initially intended for resettlement are refusing to leave the DBC's They also allege that be~s had r~cetved, problem had ru:tsen be- of landless peasants. their course would . not S,hlkangala admtt~d that cause of a mtsunder- Kangai denounced the independent Daily premises at Berg Aukas are now enable them to get Jobs stOce he took over to No- demanding to be given a piece ofland elsewhere. vember he had had reser- continued on page 2 continued on page 2 Accordi ng to vati ons aboutthe number they cleared at Omauni. Shikangala the whole" of trainers, their qualifi­ problem had been stirre<l cations and the lack of In a separate develop­ each for 10 months and up by seven DBC mem- training materials. ment yesterday, D BC gen­ have vowed to boycott bers who failed the course. For this reason, he has eral manager Simon classes until they are paid. Shikangala described already contacted the Shikangala told The On the Berg Aukas is­ the situation as unfortu- Windhoek Vocational Namibian that the DBC sue, Shikangala said the nate and said it would Training Centre for help. does not owe any money piece of land being de­ jeoparadise the second At Ondangwa DBC to any Brigade member. manded by Brigade mem­ intake of trainees, due to members, who went on Shikangala was react­ bers had been allocated to start on May I. strike two weeks ago al- ing to charges from the the DBC for training pur­ The demonstrators ap- leging that they were not more than 600 DBC mem­ poses and it was impossi­ parently closed all the of- paid their monthly allow­ bers at Ondangua who are ble to give it to the train­ fices and took the keys. ance of N$50 between boycotting classes. Bri­ ees. However, according to January and November gade members maintain Thirty out of 140 mem­ Shikangala, they had now last year, will hold dis­ that they have not been bers who completed their returned the keys to the cussions with the general paid their N$50 a month one year training course police and their certifi- manager on April 6 in a Bank boosts Stock Exchange bigger than some other nearby new markets, but it TOM MINNEY is dominated by the N$llb worth of shares in Standard Bank Investment Corporation and N$8b A GIANT new bank can be bought and sold on the of FNB Holdings. Namibian Stock Exchange. First National Bank "Today's listing will bring another giant and Holdings, owner of First National Bank of Na­ reputable company within easy reach ofNamibian mibia, yesterday became the eighth company to investors, thus further contributing to the rapid trade its shares on the NSE, and greatly boosted its growth of the NSE and the Namibian capital mar­ size. ket in general," said Finance Minister Gert There were already buyers keen to snap up some Hanekom who celebrated his birthday yesterday at shares in the new bank when a traditional hand­ the NSE. He pointed out the NSE has grown fast bell was rung yesterday morning to signal the start since he launched it in September 1992. oftrading. The company is also listed on the Johan­ The overall market index has climbed from 100 nesburg Stock Exchange as are all the other shares when the market opened to 16~,51. Some shares so far listed on the NSE. have gained 250 per cent in price, making big gains The market now trades shares with a total capi­ possible for investors who sell at the right moment; talization of some N$21,6 billion according to NSE "This is quite clearly a very healthy b,aby who is administrator Wikus Hanekom. This makes it far destined to reach great heights". f ....... "" -.' . "I .. -# i t t # 1 I '.'.J \ * 1 lit 2 Thursday March 31 1994 T~~ ,'~'XM Ii3rA 'N~ DBC digsin ~ Zim land fall-out widens Call for safe driving [-FROMPAGE1--] Ondangwa, Penda FROM PAGE 1 since named eleven other land distribution, but Mongudi. officials - including two simply has the effect of over Easter weekend standing. The members Mongudi admitted he Gazette for being "mis- Cabinet ministers and the replacingoneelitegroup in question were regis­ had said this and insisted guided and police and anny chiefs - with another". THE Traffic Control Branch of the tered .at the DBC at it was in line with DBC mischevious". who were granted leases The commission said Namibian Police are reminding road use(s Ondangwa in January last policy. Blit the Government for land of white tenants its concerns about the to drive safely over the Easter Weekend. year, but had only started However, Shikangala was criticised for the first or land bought over the legislation had been vin- The duties of the branch will be extended over the -- their training in Novem­ d'said he andd'd other DBC time from within the rul- last decade to resettle dicated by the current weekend, with extra officers on duty at Henties Bay ber, he said. - I~~c~rs Id' no~ ag~ee ingZanu(PF) party, with peasant fanners. trends. Meanwhile a and Karibib, among others. They were only enti­ WI. d °tnhgut I an mabm- chairman of the popu- At Wednesday 's news former Zimbabwean An information centre has been established at tled to receive their al- tatne a a mem er Id' fI . I ~ K' ff . I h lowance when they actu- could only receive an al- MOUS ~n In ue.ntla con edreh~ce, a~galthre- gdov~rndhmebent 0f!clda as telephone 2310161222674 and road users are re­ ally started their training, lowance from the date he ~SVIn~O pro~lnce, ~ate . IS ass~rtlOn at eme e ne Ite f ram quested to report road conditions, vehicle accidents Shikangala said entered the training cen- DZlkamalMavhalre,de- there IS nothmg wrong a government-backed and traffic violations to this office. However ~ trainees tre. nouncing the land policy with giving fanns·to my scheme to lease farm The Branch requested people to ensure they said they h;d been prom- In the meantime, mem- as "Government's worst . colleagues", but refused land intended for poor obeyed traffic rules, among others, not to drive ised that they would be bers of the · DBC at corruptione~er".Hisre- to.p~o~ide a list of ben- blac~stose~iorof~cials . under the influence of alcohol, to rest before or paid an allowance from Ondangwa are still boy- mark wasaslgnthe scan- eflclanes. Ehas Ruslke, chlefex- during long journeys, not to drive unroadworthy or the date of registration by cotting classes. dal could create a split in The Zimbabwe Catho- ecutive of Modus Publi- overloaded vehicles and to avoid reckless and neg­ the director of OBC at the party. lic Commission for Jus- cations and a former pub- ligent driving and to maintain the correct distances. OnMarch3theDaily tice and Peace yesterday lie service commis­ These factors, if not observed, led to fatal injuries •••••••••••••••••••••••••• Gazette reported former joined an array of other sioner, said in Harare in accidents. : Q/Vomuiea & : Agriculture Minister, bodies, including politi- yesterday he was not a The police reminded that the success of the cam­ • and now Minister of cal parties and human beneficiary of the Ten­ paign was "in the hands of the roaduser" and so • : Education, Witness rights organisations, in ant Fanning Scheme, the were the lives of their families, friends and fellow -. QT~ • Mangwende, was the condemning the govern- Ziana news agency re- Namibians.
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