In a late reaction to deputy land minister Isaak Katali’s utterances about the Namibian land reform he made in Zimbabwe recently, the Namibian government has now set the record straight. Calling it a "total misunderstanding" about Katali’s praise for the Zimbabwean landreform which he said should be an "example" to Namibia, the minister of information, Netumbo Nandi-Ndaitwah said in a statement that his remarks during a visit to Harare die "not constitute a shift" on the Namibian land reform policy. The willing-seller, willing-buyer concept as well as expropriation in the public interest with fair compensation would remain in place, the minister said on Tuesday.

The South African mobile telecommunications operator MTN will buy into the Dubai-listed Investcom to create the biggest mobile operator in Africa and the Middle East. The US$ 5.5-billion deal will let MTN have operations in 21 countries and serving nearly 30 million customers, the company said on Wednesday.

MTN will now submit an application to the Johannesburg Securities Exchange
for the listing of a maximum of 204,298,809 new MTN Group ordinary shares to raise funds. According to economic experts, the deal was one
of the biggest by a South African-listed company, showing that outward investment was becoming very important for South Africa in today’s global environment.