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10 August 1992

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10 August 1992 * ToDAY; H~f{fLlEfS DEADLOCK' BROKEN * NAM GETS 'STOP' ORDER IN FRAUD CASE * SU~ER WEEKEND SPORT * Bringing Africa South Vol.2 No.627 .Plot ' 'to block. .. .. new. city bank denie TOMMINNEY BANKERS and top officials deny claims they are put· -Frankiemania! ' . ~ ~ ting their bends, · tvrr-ther t.o find wSays to block the application ofa City savings and Investment Bank set to GRAt-tAMHOPWOOD be tile first new arrival since independence. The bank is to be owned allegedly' linked said last NAMIBIANS from every background were walking jointly by Namibian busi~ week he wOllld "stitk to the With a new sPling in their stride on Thursday morning nessmen including Aaron rules" and refused even to after Frankie Fredericks won his and the nation's sec· Mushimba, Tony de Silva comment ,on the alleged ond silver medal at the Olympic games. and University vice-chan­ meetings with the others. It seemed that everybody with two medals from the cenor Peter ~atjavivi, with The alleged meeting site is who could get to a TV set country's Olympic debut. Nigerian and South African closed for repairs this month. was glued to the box in a People were impressed shareholders. The application is with state of nervous tension at with Frankie 's quiet and The bank lodged an ap­ registrar of banks Bd No­ 18b40 last Wednesday when dedicated approach to his ", plication with the central lan.Thirty days for public Frankie zipped through the races. Engelbardt Uiseb Bank of Namibia on July 7. comment ended August 7, world's best to finish sec­ commented that "you could Many of the five existing but Nolan says there were ond in the 20Qm. see Frankie was well pre­ commercial banks, all off­ very few written submis­ Expressions (jf unmistak­ pared and obviously in the shoots of South African sions. He said other banks eable national pride passed right mood before the parents, say there are al­ ' who commented were across people's faces when events". ready too many banks. mainly concerned about The Namibian asked them Jacko Gees, an ardent Now people connected competitiveness. " about Frankie on Thursday. Frankie supporter, said the with the application of the He added his office had No one was disappointed Katutura athlete's perform­ newbanking institution say . finished credit checks on the that Frankie (fidn't manage ances "will benefit Namibia a bank managing director, a applicants, through ,Central to get gold as I could see from the TV central bank director and a banks and other authorities. said the application may be dated Investments, 65 per Agnes Thomo, a nurse at pictures of the crowds that top Governmment official There were still some mat­ ready for the bank's direc­ cent; 30 per cent by the Katutura hospital, said she Frankie has supporters all meet regularly to discuss ters which needed clarifica­ torS to decide on September Merchant Bank of Africa didn't mind that Frankie around the world. He has how to block the applica­ tion and he said he was 17. based in Nigeria; and five didn't make first place, as put Namibia on the map". tion. waiting for the applicants The new bank is to be she was so proud that The Government. officer to come back to him. He owned by Namib Consoli- To page 2 Namibia had come away To page 2 Nam govt wins P~st~warblasts_ ...c , clai:ri1ti~e• ~ . , . FIVE people, four of them children, have been killed and . The explosion injured Vaeka Mwaharumange, 18,Ben­ SA court bid four seriously injured in accidents involving left-over siu Kapembe, 17, and Theodor Nghuiyerwa, 26. CAPE TOWN: The Namib­ Reinhard Eugen Strowitski explosives in Owambo since Wednesday. Earlier on the same day, Mrs Tabya Mutumbangeua, ian Government on Thurs­ - awaiting trial in the Wind­ Commissioner Siggi Eimbeck said in a statement on 50, was seriously injured and later died after stepping on day obtained a Cape Town hoek Prison - and against Saturday that Kabanana Sbimanya, 12, Nehemia Simeon, a landmine. The police said locals had removed'fencing . Supreme Court interdict . Syfrets Participation Bond 13, and Helen Lazanis, 10, were killed while playing with around the old OhangWena military base near Engela. against an awaiting-trial Managers Limited and the , a 40mm rifle grenade near Ondangua on Thursday after­ Commissioner Eimbeck said police, in co-operation prisoner to prevent him from Registrar of Deeds, Cape noon. Helena Hitolwa, no age given, was injured in the with several institutions, had repeatedly appealed to par­ selling property he bought Town. explosion. ' . ents, teachers and leaders to warn civilians not to handle from stolen money or get­ In papers, Hermanus On Wednesday afternoon, Nekondjo Rebuus, 15, died war materials. ting hold of money be had, Kasper, deputy permanent and three other people were hurt when a P 103 rifle grenade "It is thus shocking and incomprehensible that so many invested, secretary in the Namibian exploded in.the King Kauluma resettlement camp near people, especially children, are still being killed and Justice W A van Deventer Ministry of Finance, said Oshivelo. miUmed by explosives," be said. - Sapa granted the order against Strowitski had stolen about 2 Monday August 10 1992 THE NAMIBIAN Danie de Lange, manag" stages including court per- - BANK ing director of Ban1£. Wind- mission to sell the farm had hoek, said N amibiahad too . .J only foUowed in due course. from p~ge 1 "many banks and another He said discussions are would put it back to the continuing on the farm's per cent by Swapo's Kalahari days before Bank Wind- future and the Issue could Holdings company. boek's merger with two other . still be resolved by a law­ . There was some confu­ banks, damaging profits for yer, J du Toit, who has the . sion last week with the origi­ all. He said he was not same name as one ofNamib nal written application,sug­ worried about the danger of Consolidated Ir.vestment's . gesting N amibians did not losing Government business, principals. ultimately own the maj or~ 'Yhich is mostly done by the ...------------4 ity of · the bank, but central bank. Mushimba insisted things Earlier Bank Windhoek had changed. had called in a mortgage on Last week Standard Bank ' farms owned by Niswa, a of Nanlibia hit back at the listed company partly owned claim that a top manager by Namib Consolidated was advising N olan on the Investments. applicati~p. Assistant man­ Nolan said he had under­ aging director Walter Price stood these were not part of said' the bank's financial the prospective bank's R IO manager James Hill meets million share capital as this MOTHER AND CHILD ... New Unicef chief in Namibia Nancy Terreri and her Nolan for an hour or two a would be in cash. He said daughter Rianne (centre) greet guests at a reception in Terreri' s honour on Thursday week as part of a committee he had asked for clarifica­ evening. 01) the r ight is Health Minister Dr Nicky Iyambo. to redraft the banks act. tion. Hill said any irlvoivement Dc Lange denied this was NAMIBIAN FLASH ••. in the application would be a spoiling action as they had New Unicef rep for Nantibia Frankie Frederkks a c.onflict of interest. His called in Niswa's loan last bank this week opened a , October, many months be­ NAMIBIA has just received its new repre­ reception was attended by several top-rank­ deposit account for the new fore the bank's application FRANKIE sentative for the United Nations Childrens ing Government Ministers including Gurirab bank. was known, and the latest . Fund-(Unicef), following the departure of and Health Minister Nicky Iyambo, with from page 1 Shahida Azfar in June-. V!hom she will work closely. Nancy Terreri was received by President Terreri was accompanied at the function While it is clear that Frankie Sam Nujoma on Thursday after having by her husband, daughter and Unicef's '. Phone Mrs Lisa Krohne has been a hit with interna- presented her letter of introduction from Regional Director for Eastern and Southern tional. sports fans, for Na- Unicef's Executive Director James Grant, Africa Dr Mary Racelis. Tel212439 mibians he is SIMPLY THE to Foreign Affairs MioisterTheo Ben Gurirab Before coming to Namibia, Terreri wolked ' Deceased" ' Next of kin BEST: the day before. as a Deputy Representative for Unicef 'in Engelbardt Uiseb con- On Thurdsday evening Terreri's official Cairo. Kambina Mishe Marianne Mishe fessed "if you come to my t--------::----=:-----------~--------- room you will see the walls SADCC's Executive Set:retary, Simba Makone, said yesterday Kin folk of E.N. Nghuukufna are covered with posters of that he expected the leaders of 10 member countries to call for a Frankie. I can say he's my new SADCC food security strategy in the light of the current Box 427 Ondangwa favourite athlete in the drought blighting the region. P.Sado (Uncle) Adjelu Tavalava, Box 27 world". Speaking to the media in Windhoek, he acknowledged that Toivo Shiimbi, a lecturer SADCC had been "going round in circles" since 1986 in its at the Academy, was confi- att~mpts to setup mechanisms for regional food-distribution and dent that Frankie will bring as a result the organisation had been "unprepared" for the severity 'hOfne gOkJS ID boIti'tliil 00trF <;f!~ ll?-~"dJiOu!¥!\.l1a,1£?~~ }~1, ito. ~,9 !1?--~ ~~e~sJelP:~ ~V~~ past ,~ -;.~' :v~~tpe~ ItW\iS ,!>est ~~ ~tQC ....pil$! f()?4rest;ry~s . m sti;.ateg19.p.laces .,'. :> PUBLIC. ··-NOTIC·E -·"- - "'" - ... :: • ~ ,- 01 ~ • ' .... ~"'-...... •... , 1"'·..; .....: ~- ~OOm.1tom'F:tbe .,U)UI>k i· .-f",J.q , orensure.the&<were·full\nciaY reserVes -to"purciiase on tl!.e' world -.
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