Namibia Celebrates Its Nineteenth Birthday

The 21st of March: 19 years ago today Sam Nujoma was sworn in as Namibia’s first president of the free state by UN Secretary-General Pérez de Cuellar. The new country was full of hope and the promise of reconciliation. It is now 2009 and Namibia is in its 19th year of freedom from colonisation. How [...]

Credit Crunch Causes Diamond Industry To Slide Causing Problems For Namdeb

Ever since the credit crunch crossed the globe in October of last year countries around the world have been waiting with baited breath to see how they will be affected; across the western world Iceland has gone bankrupt, England is officially in recession and one million people in North America have lost their jobs and [...]

A Dummies Guide To The Credit Crunch

What happened and why?
It is believed that the financial crisis has been building since early August of this year when the USA market suffered a loss of confidence in investors causing a substantial amount of credit to be injected into the economy causing the market to become volatile. However it could also be argued [...]