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Saturday 15th of May 2004 Germany gives N$ 265 million for Zambezi Bridge President Sam Nujoma and his Zambian counterpart officially opened the new 900m long bridge in the Caprivi across the Zambezi River on Thursday. For the bridge and Zambian road to Livingston, the construction period has only been 24 months. The Livingstone-Sesheke-Katima Mulilo road and the new bridge at Katima Mulilo jointly with the Trans-Caprivi-Highway are remarkable examples of the excellent bilateral cooperation between Zambia and Namibia and their trilateral cooperation with Germany. In a statement, the German embassy in Windhoek said Germany provided more than 32 million Euros for the two projects in Zambia. Another 35.6 million Euro were used for 276 km of the Trans-Caprivi-Highway under the German development cooperation programme with Namibia. Since independence, Germany has invested more than 80 million Euros in Namibia’s transport infrastructure. Less income for Oceana Headline earnings per share for the Oceana Group for the six months ended 31 March 2004 decreased by 15% and stood at N$79 million compared to those of the first half of the previous year (N$91.8 million). Group turnover declined by 10% and operating profit by 13%, Oceana announced this week. Oceana also has fishing subsidiaries in Namibia. An interim dividend of 17.5 cents per share has been declared which is the same as last year. Canned fish sales volumes on the domestic market were 3% lower than the previous year due mainly to a lack of supply. Pilchard landings to the cannery were higher than for the same period last year, however, production yields were poorer due to fish size and the distance from the fishing grounds, resulting in lower production volumes. The pilchard biomass in SA waters remained healthy and the 2004 Total Allowable Catch (TAC) of 250 000 tons (2003: 285 000 tons) is likely to be increased, Oceana reported this week. Pilchard fishing in Namibia started last month against the provisional 20 000 ton TAC (2003: 20 000 ton). Due to the low TAC the industry is landing their catch at the Etosha cannery. Fishmeal sales volumes were well above the previous year and prices were lower. Export realisations from lobster were lower due to both weaker dollar selling prices and the stronger rand. Lobster catches in South Africa were good and increased quantities were exported in live form. SARDEP farming project concluded The Sustainable Animal and Range Development Programme (SARDEP) supported by the GTZ for communal farmers was ended recently. Last week officials and cooperation partners held a goodbye function in Windhoek. It required extensive training and capacity building of communal farmers. SARDEP organised formal training in subjects such as basic bookkeeping, water point maintenance and animal health and exposed farmers from one region to the people and farming practices of another. Visits to commercial farms were arranged, and a number of commercial farmers were hired by SARDEP to share their skills and practical experiences with small-scale communal farmers. From its inception, SARDEP insisted on employing Namibian staff wherever possible. A national co-ordinator from the ministry of agriculture was seconded to the programme. As Namibian counterpart to the German team leader, he was responsible for the implementation of SARDEP at national level. In addition, a number of local facilitators were hired by SARDEP to work with communities in the field. These were co-ordinated at regional level by Agricultural Extension staff. All of SARDEP’s staff received training in community mobilisation and facilitation. Under the guidance of Technical Advisers, they had the opportunity to gain the necessary practical experience. However, throughout the programme, the GTZ sought to keep the intervention of its technical advisers to a minimum, to allow Namibians as much opportunity as possible to acquire skills.
Economy Too Dependent On Diamonds The Namibian government should either increase its shareholding in De Beers diamond mining giant or nationalise the 50% owned Namibian diamond company, Namdeb, a De Beers subsidiary or even form a single diamond company or cartel for the Southern African Development Community (SADC) with the other 3 SADC diamond producing countries, a new research report on then diamond industry said. The Institute for Public Policy Research (IPPR) released its latest research report on the diamond industry, comparing Namibia’s diamond industry with that of 6 other major diamond producing countries: Angola, Australia, Botswana, Canada, Russia and South Africa. Based on analysis the IPPR said its research came up with 18 different options Namibian policy-makers should consider in their efforts to maximise benefits to the overall economy from the country’s rich diamond resource. The study comes at a time when the Namibian government and De Beers, as joint owners of NamDeb, will negotiate the terms of another 5-year agreement, to be sealed early next year. Both partners have a 50% stake in Namdeb. The Namibian Cabinet appointed a special task tem to prepare the negotiations. Samicor, a new Namibian company of the Israeli Lev Leviev Group has recently took over Namco and built a diamond cutting and polishing factory in Windhoek, the largest polishing factory in Africa. It will eventually employ 500 people. Only a few months back US diamantaire Maurice Tempelsman through his company Lazare Kaplan, bought into NamGem, the troubled subsidiary of Namdeb, a small diamond polishing plant in Okahandja.
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