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Thursday 8th of July 2004 Pupkewitz calls for AIDS conference Namibia should convene a national conference to find practical solutions how to combat AIDS, Namibian business tycoon Harald Pupkewitz demanded this week. Speaking at the launch of the National Code on HIV/AIDS and Employment at the ministry of labour in Windhoek, Pupkewitz said the Code dealt with the management of already infected people at work, but lacked initiatives to address prevention of HIV infection. The only preventative measure was "abstinence from sex before entering a faithful marriage", 89-year old Pupkewitz said. He wanted to see much more State support for programmes reaching pupils at schools to enter their work places healthy and not already infected when leaving school. Eradicating AIDS needed a much moire serious holistic approach, Pupkewitz said. " We cannot fail our future generations. Let us call a conference of all leaders to decide on a course of action to deal with the situation and create a real sense of the impending catastrophe", Pupkewitz warned. Namibia leads concerns with EU trade On Thursday afternoon the official launch of EU trade negotiations with SADC countries and those of Africa, the Caribbean and the Pacific took place in Windhoek. The Agricultural Trade Forum (ATF) in Namibia and the Namibia Manufacturers’ Association briefed media before the event and placed advertisements in newspapers this week, raising concerns about certain issues regarding future trade with Europe. The EU should immediately introduce full duty free access for all Botswana, Namibian and Swaziland export originating from those countries to the European Union, Namibia’s ATF demanded. Access for exports from Mozambique, Angola, Tanzania and Lesotho are already covered by the EU’s "Everything But Arms" (EBA) initiative, which applies to all least developed countries and which allows for complete duty free access for all originating products. For Botswana, Namibia and Swaziland, there is no clear basis for their future access to the EU market, said Mr Roger Paskin, chairman of the Namibian ATF this week. In October 2003, the European Commission proposed to the EU’s key trade committee that once the economic partnership agreement enters into force, the ACP states involved should be granted access to the EU market equivalent to that applied under the EBA. Botswana, Namibia, and Swaziland are full members of the ACP group and are already de facto part of an economic partnership agreement with the EU, Paskin said. "We ask the EU to broaden duty-free access to all EPA members for all products, with immediate effect," he said at a press conference. "We call on the EU to adopt a set of reasonable, science-based standards and stick to them; and further to accord developing countries all reasonable assistance in meeting these standards." A third point was the import of sometimes heavily subsidised European goods into the SADC region, which could seriously disrupt local markets and adversely affect development." We call for the provision of adequate safeguards in any agreement with the EU," Paskin demanded.
Kudu Gas Project Nampower and Energy Africa, a Tullow subsidiary, which has a 90% interest in the Kudu gas field have concluded the agreement with NAMCOR, the National Petroleum Corporation of Namibia to produce gas which will be used to generate electricity for the Namibian and South African markets.The project of N$ 6.4 billion, the largest single investment in Namibia, involves the off-shore development of the Kudu gas field and the piping of the gas to an 800 MW power station. The power station will be commercially operated by the Kudu Power Station Company at Oranjemund. The electricity will be sold to NamPower, for resale into the Namibian market and to Eskom for the South African market. Electricity production starts by 2009. A second plant of further 800 MW is planned by 2014. Signing a power purchasing agreement at the same occasion on Monday are Dr Leake Hangala of NamPower (left) and ESKOM boss Gcabashe.
Life expectancy decreased due to Aids The rate of Aids infections in southern Africa is about 25 percent affecting 38.8 percent of the adult population in Swaziland, 37.3 % in Botswana, 28.9 % in Lesotho and 24.6 % in Zimbabwe. The latest world report on Aids released by UNAIDS this week also says that life expectancy in southern Africa, the world’s hardest-hit region by Aids, has dropped to 49 and without major treatment programs it could plummet to below 35 in some countries. South Africa has the largest number of people living with Aids at 4.8 million, being a prevalence rate of 21.5 % while 16.5 % of adults are living with HIV/Aids in Zambia and 21.3 percent in Namibia. The number of Aids orphans in sub-Saharan Africa has increased from 9.6 million in 2001 to 12.1 million in 2003, the report said.
AU-Parliament to be Hosted in RSA African leaders meeting at the AU summit at Addis Ababa on Wednesday chose South Africa as the host country for the continental parliament. Egypt was the second country which competed to host the AU parliament. The new continental parliament for the African Union was inaugurated at a ceremony in Addis Ababa in March with the swearing-in of 180 members representing 36 countries including Namibia, that have signed the protocol establishing the assembly. Libya had dropped its bid to host the parliamnet also that month. The new AU is modelled on the European Union. The African Union headquarters will remain in Addis Ababa.
Namfish debt almost N$ 70 million The Namfish company has such a bad debt, that it has to sell property and equipment worth N$ 23 million to gain an income. Shareholders of Namfish were advised this week that Northern Fishing Industries, previously Northern Fishing Industries of SWA, a wholly owned subsidiary of Namfish, entered into an agreement with Etale Fishing Company to sell Erf 4586 at Walvis Bay, Erf 3690 Walvis Bay, Portion 9 of Portion B of the Farm Walvisbay Town and Townlands No1, including the Jetty and Quay, for N$23 million, N$18 million for the properties and N$5 million for the equipment. The Namfish group’s cash flow came under severe pressure due to sustained losses over the 24 months to April 2004. Two major shareholders have assisted the group with term loans of N$10 million and bridging finance of N$10 million. This has increased term borrowings to N$69.3 million as at 30 April 2004, the company informed the Namibia Stock Exchange. The sale of the properties was done to reduce borrowings and financing costs. Commercial utilisation of the properties was transferred to Etale in2001. Etale was established to exploit hake quota rights issued to a Namfish subsidiary together with hake quota rights issued to new Namibian partners, the company explained. |
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