Quantcast
Channel: Namibian Sun
Viewing all 36395 articles
Browse latest View live

Bracewell faces New Zealand

$
0
0
Bracewell faces New ZealandBracewell faces New Zealand Exactly two years after his appointment, Ireland coach John Bracewell finally comes up against his native New Zealand in a triangular one-day international series, also involving Bangladesh, in Dublin.

Former off-spinner Bracewell played 41 Tests and 53 ODIs for New Zealand so it promises to be a special couple of days for the 59-year-old Aucklander when the teams meet on successive Sundays.

Each team will play the other twice over the next fortnight with Ireland facing Bangladesh in the opener at Malahide, near Dublin, on Friday.

The series is another major test for Ireland against two top seven ODI countries, after their historic first two one-day internationals in England last weekend, while Bangladesh and New Zealand are using the matches as valuable warm-ups ahead of the Champions Trophy - they are both in Group A and will meet in Cardiff on June 9.

Bangladesh are on the up - now ranked seventh in the world - and are already targeting qualification for the next World Cup in two years and their prospects will be enhanced if they can win one of their games against the fourth-ranked Kiwis and both encounters against Ireland.

That scenario would actually promote them to sixth in the ODI standings - the top eight at the end of September this year qualify for England 2019.

The Tigers have already enjoyed match action in Ireland with a facile 199-run victory against a second-string Ireland Wolves XI in Belfast on Wednesday, with Sabbir Rahman retiring after reaching a century and Tamim Iqbal hitting 86 in a huge total of 394 for seven.

While Bangladesh, who has already had a week's training camp in England, has their full Champions Trophy squad in Ireland, the New Zealanders have no fewer than seven players unavailable because of Indian Premier League commitments.

The squad is captained, for the first time, by Tom Latham and two uncapped players are included, Central Districts fast bowler Seth Rance and Northern Districts all-rounder Scott Kuggeleijn.

Neil Wagner is set to play his first ODI, five years after his international debut, while also brought into the one-day squad are fast bowler Hamish Bennett, batsmen Henry Nicholls and Colin Munro and all-rounder George Worker.

“I have worked hard the last few times on consistency and skills and change-ups and a few different deliveries,” Wagner told the ESPN Cricinfo website.

New Zealand still has plenty of experience in their squad with Ross Taylor and Luke Ronchi plus proven performers in Jimmy Neesham, Mitchell Santner and Ish Sodi.

Ireland, now on the verge of Test status, have had an underwhelming two years since Bracewell took over as coach and they were beaten 2-0 by England last week.

But the squad will be desperate to prove that their performance at Lord's, when they scored 243 on Sunday, is a better reflection of their standing than their first-ever ODI in England when they were shot out for just 126 in Bristol last Friday.

Ireland have in-form batsmen in Paul Stirling and captain William Porterfield but bowling again looks to be their Achilles heel.

NAMPA/AFP

No divided loyalties for Zidane

$
0
0
No divided loyalties for ZidaneNo divided loyalties for ZidaneCoach faces former club Cardiff will roar with a wave of emotions as two of the best teams in Europe clash for the biggest trophy in club football. Zinedine Zidane insists he will have no divided loyalties after leading Real Madrid to a second consecutive Champions League final where they will meet his old club Juventus on June 3.

Real withstood a first-half onslaught from local rivals Atletico Madrid to progress 4-2 on aggregate despite losing 2-1 in their semi-final, second leg on Wednesday.

Italian champions Juventus await, who Zidane left for a then world record fee when he first joined Real as a player in 2001.

“For sure it is special because it was a very important club for me as a player. It is a club that also gave me everything,” said Zidane.

“Now, though, I am with Real Madrid, the club of my life and it will be a great final.”

Zidane admitted ahead of December's last 16 draw that Juventus were the team he wanted to avoid due to his respect for Massimiliano Allegri's side, who eased past Monaco 4-1 on aggregate in the other semi-final

“I can't do anything about it now,” added Zidane.

“They have got to the final and deserve to be there, as do we.”

Ultimately, Cristiano Ronaldo's first leg hat-trick proved the difference as for the fourth straight season Real eliminated Atletico from the Champions League.

Atletico had threatened an incredible comeback, Saul Niguez's powerful header and Antoine Griezmann's penalty inside 16 minutes cutting Real's aggregate lead to a solitary goal.

However, Isco's away goal just before half-time settled Real's nerves and left Atletico with too much to do to progress.

“We knew they would start very strongly,” said Ronaldo.

“They had the luck to score two goals but we know that if we scored that would kill them.

“They played well, but we have more experience.”

Real can now make history by becoming the first side to retain the trophy in the Champions League era.

However, Zidane preferred to highlight the strength of his squad rather than his own role in a remarkably successful run since he took his first senior managerial job 17 months ago.

“I am delighted. I am the coach which means I am doing something right, but everyone in this squad is doing a phenomenal job.

“The squad should get the credit because it is they who are playing, running, fighting on the field.”

Real were without the injured Gareth Bale for both legs of the semi-final.

However, Zidane is hopeful the Welshman could be fit for a homecoming final in Cardiff.

“At the moment Gareth is recovering ... we have time before the final.

“I hope we will have him back before then, it is better that he plays a little bit.”

Despite the disappointment of bowing out to Real once more, Atletico boss Diego Simeone beamed with pride at his side's performance.

“I am happy and proud that once again we have shown why we are competing at the top level just behind Real Madrid and Barcelona,” said the Argentine.

“When we said that we believed we could come back some thought it was just words.”

Atletico were inspired by a sensational atmosphere on their last ever Champions League game at the Vicente Calderon before moving to the new 67,000 capacity Wanda Metropolitano next season.

“The atmosphere was one of those magical moments in the Calderon that will live in people's memories forever.”

Atletico face another big summer as on top of moving stadium, they will have to resist huge offers for the likes of Griezmann and Simeone.

However, Simeone insists Atletico will have a bright future after leaving the Calderon.

“It is clear that we still need to keep growing.

“That final step is still a big one and we need to keep improving. If we can improve on this then the future is encouraging.”

NAMPA/AFP

Slow down on those painkillers

$
0
0
Slow down on those painkillersSlow down on those painkillers A study suggests there may be a link between taking high doses of common anti-inflammatory painkillers - such as ibuprofen - and heart attacks.

The paper, published in The BMJ, builds on a previous body of work linking these drugs to heart problems.

This research suggests the risk could be greatest in the first 30 days of taking the drugs.

But scientists say the findings are not clear cut. They say other factors - not just the pills - could be involved.

In the study an international team of scientists analysed data from 446 763 people to try to understand when heart problems might arise.

They focused on people prescribed non-steroidal anti-inflammatory drugs (such as ibuprofen, diclofenac, celecoxib and naproxen) by doctors rather than those who bought the painkillers over the counter.

'Raise awareness'

Studying the data from Canada, Finland and the UK, researchers suggest taking these painkillers to treat pain and inflammation could raise the risk of heart attacks even in the first week of use.

And the risk was seen especially in the first month when people were taking high doses (for example more than 1 200mg of ibuprofen a day).

But scientists say there are a number of factors that make it difficult to be absolutely certain of the link.

Kevin McConway, emeritus professor of statistics at The Open University, said the paper threw some light on possible relationships between painkillers and heart attacks.

But he added: "Despite the large number of patients involved, some aspects do still remain pretty unclear.

"It remains possible that the painkillers aren't actually the cause of the extra heart attacks."

He said if, for example, someone was prescribed a high dose of a painkiller because of severe pain, and then had a heart attack in the following week, it would be "pretty hard" to tell whether the heart attack had been caused by the painkiller or by whatever was the reason for prescribing it in the first place.

It could even be down to something else entirely, he said.

Prof McConway also pointed out that other influences on heart health - such as smoking and obesity - could not be taken into account fully and could be partly to blame.

BBC

Living longer with HIV

$
0
0
Living longer with HIVLiving longer with HIVBetter medications extend life expectancy In Europe, the life expectancy of someone in their 20s is now 78 years due to better medications and awareness. Young people on the latest HIV drugs now have near-normal life expectancy because of improvements in treatments, a study in The Lancet suggests.

Twenty-year-olds who started antiretroviral therapy in 2010 are projected to live 10 years longer than those first using it in 1996, it found.

Doctors say that starting treatment early is crucial to achieve a long and healthy life.

Charities say there are still too many people unaware they have the virus.

The study authors, from the University of Bristol, said the extraordinary success of HIV treatments was a result of newer drugs having fewer side effects and being better at preventing the virus from replicating in the body.

It is also more difficult for the virus to build up a resistance to the most recent drugs.

Improved screening and prevention programmes and better treatment of health problems caused by HIV are thought to have helped, too.

But many people with HIV still do not live as long as expected, especially those infected through injecting drugs.

Antiretroviral therapy involves a combination of three or more drugs which block the normal progress of HIV (human immunodeficiency virus).

They have been called "one of the greatest public health success stories of the past 40 years".

Drugs 'do work'

Jimmy Isaacs, 28, discovered he had been infected with HIV by a former partner nearly three years ago.

He takes three drugs once a day at 18:00 and will continue to do so for the rest of his life.

"My health is absolutely fine. I'm eating healthily and drinking healthily," he said.

"It doesn't impact on my job and hasn't impacted on my social life either."

Although it took two changes of medication to find the right combination for him, he says he now has no side effects at all.

"I had heard a lot of bad stories about the drugs back in the '90s - but when I did some research, I realised the drugs had completely changed."

Not all his employers have been supportive since his diagnosis and he says that is down to ignorance.

His current employer has given him time off to tour the country and speak to students and school pupils about HIV prevention and treatment.

The researchers looked at 88 500 people with HIV from Europe and North America who had been involved in 18 studies.

They based their life-expectancy predictions on death rates during the first three years of follow-up after drug treatment was started.

They found that fewer people who started treatment between 2008 and 2010 died during this period compared with those who began treatment between 1996 and 2007.

The expected age at death of a 20-year-old patient starting antiretroviral therapy (ART) after 2008, with a low viral load and after the first year of treatment, was 78 years - similar to the general population.

What is antiretroviral therapy?

First used in 1996, it involves a combination of three or more drugs that stop the HI-virus from replicating.

This means damage to the immune system caused by HIV can be prevented and it stops the disease spreading to others.

More recent drugs are even more efficient and have fewer side effects.

The World Health Organisation recommends that antiretroviral therapy is started as soon as possible after diagnosis.

Dr Michael Brady, medical director at the Terrence Higgins Trust, said the study showed how much things had changed since the start of the HIV epidemic in the 1980s.

But he said it also meant people aged over 50 now represented one in three of all those living with HIV.

"As it stands, the healthcare, social care and welfare systems simply aren't ready to support the increasing numbers of people growing older with HIV.

"We need a new model of care to better integrate primary care with HIV specialist services, and we need a major shift in awareness and training around HIV and ageing, so that we're ready to help older people live well in later life," he said.

'Medical achievement'

Prof Helen Stokes-Lampard, who chairs the Royal College of GPs, said: "It's a tremendous medical achievement that an infection that once had such a terrible prognosis is now so manageable, and that patients with HIV are living significantly longer.

"We hope the results of this study go a long way to finally removing any remaining stigma associated with HIV, and ensuring that patients with HIV can live long and healthy lives without experiencing difficulties in gaining employment and - in countries where it is necessary - obtaining medical insurance."

She said steps were being taken to increase appropriate HIV testing by GPs.

The proportion of people with undiagnosed HIV has fallen steadily over the past 20 years.

But one in eight people with HIV is still thought to remain undiagnosed.

BBC

Omahooli gaAngola taga limbililike

$
0
0
Omahooli gaAngola taga limbililikeOmahooli gaAngola taga limbililikeOmahooli ngoka kageli pamuthika gwopashitopolwa Aaniihauto yamwepo AaNamibia okwa lopotwa taya nwetha omahooli miihauto yawo moAngola oshowo poongamba omolwa ondando yomahooli ndjoka yi li pombanda moNamibia. Ehangano tali ithanwa Association of Service Station Owners olya holola omaiyuvo galyo omolwa omahooli gaAngola taga yakelwa moshilongo unene okupitila koongamba dhomonooli yoshilongo.

Sho a popi kombinga yoshikumungu shoka, Omupopiliko gwehangano ndoka, Jackie Scholz okwa popi kutya: “Omahooli gaAngola kage li pamuthika gwetu. Otaga teya po oshikondo shetu.”

Pahapu dhaScholz, ope na aahingi yomaloli oshowo aanangeshefa yamwe mboka haya landitha omahooli ngoka haga landwa okuza moAngola.

“Ngele owa tameke okulongitha omahooli gaAngola, sho ohauto yoye tayi kaya kookilo 30 000 otayi tameke yi na omaupyaadhi. Omahooli ngoka kage li pamuthikwa gwetu.”





Okwa popi kutya onkalo ndjoka oya ninga omukundu omunene molwaashoka oolita dhomahooli dhili pokati ko 5 000 no 6 000 otadhi yakelwa moshilongo okuza moAngola.

Okwa popi kutya natango ope na ostola yimwe monooli yoshilongo ndjoka kwa lopotwa tayi landitha omahooli gaAngola, ihe ina tumbula edhina lyostola ndjoka molwaashoka otayi ningilwa omakonaakono.

Scholz okwa popi kutya oya pumbwa woo edhano nkandangala nuuyuki okuza kehangano lyoNamcor.

Omunambelewa okuza kUuministeli wIikwamina nIikwankondo okwa koleke onkalo ndjoka kutya otayi talika.

Scholz okwa popi kutya natango uulunga womahooli owuli omukundu omunene gwa taalela ooyene yoosasiyona dhomahooli moshilongo.

“Uulunga womahooli owu li omukundu omunene. Omvula ya piti, oomiliyona 20 dhomahooli odha yakwa. Oshi li kutya aahingi yomaloli gomahooli nayo ngashiingeyi oye na ookastoma.”

Omunambelewa ngoka okwa popi ngaaka pethimbo lyoshigongi sha ningwa kehangano lyoAssociation of Service Station Owners moshilandopangelo oshiwike shika.

Omukomeho gwoNamcor, Immanuel Mulunga okwa holola kutya oshiputudhilo shawo otashi pangele okupatulula iitayi yasho nopethimbo lya faathana otaya tala kegameno lyoku andjakaneka oompungulilo dhomahooli moGobabis nOndangwa.

OGONE TLHAGE

Iikundaneki yamanguluka

$
0
0
Iikundaneki yamangulukaIikundaneki yamanguluka Omupresidende Hage Geingob okwa pula opo iikundaneki moshilongo yi kale aakalelipo ihe inayi kala iiputudhilo tayi kondololwa koohandimwe.

omupresidende okwa popi ngaaka pethimbo kwa dhimbulukiwa esiku lyoWorld Press Freedom Day moNamibia oshiwike shika.

Omuleli okwa dhimbulukitha aatoolinkundana kutya okupewa oonkondo odhindji otaku endele pamwe noshinakugwanithwa oshinene, niikundaneki yamangulukwa oyi li oshapi yomalunduluko.

Omupresidende okwa pandulwa sho a kala poshituthi shoka na okwa gandja oshihololelwa kaaleli yiilongo yilwe opo ya landule moompadhi dhe.

Omanga Namibia a tulwa momusholondondo gwiilongo mbyoka yi na iikundaneki ya manguluka muAfrika na kuli ponomola 24 muuyuni, Geingob okwa popi kutya okwa hala oshilongo shi kale ponomola yotango miilongo mbyoka yi na iikundaneki ya manguluka muuyuni.

Okwa popi kutya iikundaneki moNamibia otayi kala ya manguluka omanga ye omuleli.

Omuleli okwa popi kutya okwa nyanyukwa sho oshilongo sha yelwa nokupewa olupandu sho shili momushoondondo gwiilongo mbyoka ya gandja emanguluko kiikundaneki.

“Emanguluko lyetu lyiikundaneki olya dhengemo iilongo yimwe mbyoka ya kala nale nuudemokoli ngaashi France, United Kingdom na United States of America nuuna tatu popi oondjindikila tadhi tulilwa mo iikundaneki otashi ningwa miilongo moka.”

Okwa popi kutya monena sho ehumo komeho tali dhengemo iikundaneki yonkulu yonale, nena shoka osha etitha aatoolinkundana ya longithe pambambo oonkatu dhawo nokuhwahwameka omauwanawa gawo niiholekwa yawo.

Omuyenda ngoka a popi poshituthi shoka, oBheki Makhubu, omudhindoli gwoshifo shoThe Nation moSwaziland.

Makhubu okwa pandula Geingob sho a kala poshituthi shoka na okwa pandula woo uundemokoli moNamibia.

Makhubu okwa popi kutya otashi nyanyudha noonkondo sho omuleli e li poshituthi sholudhi ndoka, na okwa gwedha po kutya ngele aaleli yaAfrika otaya landula moompadhi dhaGeingob, nena ndjoka otayi kala ondjila ombwaanawa.

MuMaalitsa gwo-2014, epangelo lyaSwaziland olya pangula Makhubu pamwe nomukaleli gwopaveta guuthemba womuntu, Thulani Maseko sho ya nyana oshikondo shuuyuki moshilongo shoka. Mboka ya monika ondjo nokupewa egeelo lyokukala ondholongo uule woomvula mbali. Ayehe oya shanga iinyolwa moshifo shoThe Nation, moka ya nyana oshikondo shuuyuki oshowo omupanguli-ndjai moshilongo shoka.

Omatilitho Oshiputuhilo shoMedia Institute of Southern Africa (Misa Namibia) osha popi kutya aanapolotika aakuluntu oya tuku nokuningila omatilitho aatoolinkundana omvula ya piti, na oya ningi oonkambadhala dhokukondolola iikundaneki.

Molopota yawo tayi ithanwa Media Institute of Southern Africa (MISA) Regional Overview on the state of media freedom in southern Africa in 2016, ehangano olya popi kutya Namibia okwa pumbwa okukala e na etumba miinima oyindji sho pe na ompito yehumo komeho mokumangulula omawi gaakwashigwana.

Oya holola kutya okupitila komapandja gomakwatathano gopainternet, aakwashigwana oya pewa ompito yokumona oonkundana mbala, nokugandja woo omaiyuvo gawo kombinga yoonkundana ndhoka.



ELLANIE SMIT

Omatulululo gevi taga falwa kiitopolwa

$
0
0
Omatulululo gevi taga falwa kiitopolwaOmatulululo gevi taga falwa kiitopolwa Omusindalandu gwomatulululo gevi ngashiingeyi otagu ka kala oshinakugwanithwa shookansela yiitopolwa yamwe po mboka ya hogololwa sha landula omusindalandu gwefalo poondondo dhopevi melelo lyoshilongo , omulandu gwomatulululo muuministeli. Shoka osha landula ehogololo lyoombelewa dhiitopolwa ihamano , ndhoka tadhi ka kala noshinakugwanithwa shoka, dha hogololwa muSepetemba gwo-2016.

Iitopolwa mbyoka ya hogololwa oya tothwamo kutya Kavango East, Omaheke, Erongo, Otjozondjupa, Oshikoto, Zambezi naHardap .

Sho a ningi etseyitho ndyoka, Omuprima gwoshilongo Dr Saara Kuugongelwa-Amadhila okwa popi kutya: “Aanambelewa yathika po 308 okuza mUuministeli wOmatulululo otaya tumwa kiitopolwa ya thika po-14 opo ya ka kwatele komeho eningo lyomaindilo gomatulululo.”

Sho ya tula miilonga omulandu ngoka oshiwike shika, Ominista Utoni Nujoma okwa popi kutya , “Uuministeli owa gandja iinakugwanitwa yimwe kookansela yiitopolwa ya hogololwa opo ya vule okutotha mo nokugandja omagwedhelepo kutya oolye mboka taya vulu okutulululwa oshowo okukala taya kondolola oofaalama dhomatululo nokugongela iifuta yoohiila oshowo okukondolola elongitho lyevi okutumbulapo owala yimwe po.”

Nujoma okwa pula mboka taya pewa oshinakugwanithwa shoka opo ya kwashilipaleke kutya otaya longo iilonga yawo ngashi sha tegelelwa..

Lwopokati mpoka, Omupresidende Hage Geingob okwa li a popi kutya Namibia otaka landula omulandu gwaZimbambwe kombinga yomatulululo . Okwa popi ngaaka sha landula etalelepo lye moZimbambweomasiku ga piti.

“Itatu vulu okwiidhimbika nokuholama onkalo ndjika kutya aantu yetu konima yoomvula 27 dhemanguluko natango kaye na evi. Moshinyolwa shandje sho 'thesis' shoka nda ningi nale onda popi kutya moZimbambwe aamwameme otaya ka tandwa opo ya pulumuthe okanona netando ndyoka otali kala elulu, ihe onda popi kutya uuna uuwehame wa hulu otamu pulumutha okanona ke na uundjolowele,” Geingob a popi noshikundaneki shoHerald.

Geingob okwa gunu nale pethimbo kwa dhimbulukiwa Esiku lyEmanguluko kutya epangelo otali ka tala komulandu gwokukutha ko evi pakugandja iifuta ngaashi tashi uthwa kekotampango.

“Shoka osha hala okutya otu na okushuna kekotampango lyetu ndyoka tali pitika ekuthoko lyevi kapu gandja iifuta. Otatu ka tala woo kooyene yevi aazaizai mboka ye na evi moshilongo shetu ihe hamo haya lumbu,” Geingob a li a popi muMaalitsa.



OGONE TLHAGE

Oondjamba dha yonagula po omapya gaakwashigwana

$
0
0
Oondjamba dha yonagula po omapya gaakwashigwanaOondjamba dha yonagula po omapya gaakwashigwanaUuministeli wOmidhingoloko tawu ka yambidhidha oonakuyonagulilwa Ongundu yoondjamba okwa lopotwa ya hanagulapo omapya gaakwashigwana moshitopolwa shaMusati, nokuthiga moluhepo olunene aanamapya mboka. Konyala oondjamba dhili pokati ko-15 o-20 odha hanagulapo omapya gaakwashigwana momukunda Amaupa mOmusati okuya pehulilo lyomwedhi gwa piti. Aanafaalama mboka oya lombwele oNamibian Sun kutya, oondjamba ndhoka odha tameke tadhi hanagula po omapya gawo momasiku 29 gaApilili, nokuhanagulapo iikunomwa yawo ayihe momapya.

Shika otashi kolekwa koshifokundaneki shika, sho sha talele po omukunda ngoka.

Omayonagulo ngoka ohaga ningwa kiiyamakuti mbyoka olundji uusiku okutameka potundi onti-21:00. Onkalo ndjoka oya ningitha oshidhigu opo aanafaalama ya vule okugamena omapya gawo molwaashoka okwaluudha na osha nika unene oshiponga. Gumwe gwomwaamboka ya hanagulilwpao omapya gawo oHaggai Nangolo, 46, ngoka a kala omunafaalama momukunda moka uule woomvula ntano monena. Okwa popi kutya epya lye alihe olya hanagulwapo, na okwa thigwa pomutenya keshi kutya ota palutha aanegumbo lye ya thika po-11 ngiini. Epya lyaNangolo lyoohecta 4 alihe olya hanagulwa po koondjamba. “Ndika olya li eteyo li na okukala ewanawa nuumvo okuyeleka neteyo lyomvula ya piti, ihe ngele owa tala mepya lyandje kamu sha shoka tandi vulu okupalutha nasho ofamili yandje,” Nangolo ta ti. “Ongaashi wu wete kutya iikunwa yandje ayihe oya hanagulwa po, inandi dhigalapo nasha mepya lyandje,” Nangolo a yelitha. Okwa popi kutya kashi shi oshikando shotango oondjamba tadhi hanagulapo iikunwa momapya gawo, sho nomvula ya ziko iiyamakuti mbyoka ya ponokele omapya gawo konima yeteyo. Aanamapya mboka oya popi kutya oye na uutile sho oondjamba hadhi ya okuponokela omapya gawo molwaashoka oye na aanona aashona, mboka itaya tseya kutya otaya vulu okuninga ngiini uuna iinamwenyo mbyoka ya ponokele omapya gawo.

Ngashiingeyi aanamapya mboka oya tameka okutema omililo momapya gawo onga omukalo gokutidhila oondjamba kokule ihe nonando ongaaka oya holola kutya oondjamba onkene tadhi tsikile nokuyonagula omapya gawo. Sho ya ningilwa omapulaapulo, omupopiliko gwUuministeli wOmidhingoloko, Romeo Muyunda, okwa koleke kutya uuministeli wawo owu na ontseyo kombinga yonkalo ndjoka na owa tuma aanambelewa opo ya ka gandje omakwatho kaakwshigwana. Muyunda okwa popi kutya oya e ta ohenda koshigwana shoka sha yonagulilwa po omapya gawo na otaya ningi oonkambadhala opo aakwashigwana mboka ya vule okumona omakwatho.

Omunambelewa ngoka okwa popi kutya osheendo shaanambelewa shoka sha tumwa komukunda ngoka otashi ka tala woo komaihumbato giinamwenyo mbyoka opo uuministeli wu vule okumona kutya otawu ningi po shike. Muyunda okwa popi kutya onkalo yehanagulo tali ningwa koondjamba ohayi hwahwamekwa unene ngele mongundu yoondjamba ndjoka omu na yimwe yontsezi.“Olundji oondjamba ohadhi yonagula uuna tadhi kwatelwa komeho kondjamba ndjoka yontsezi. Ngele otwa mono kutya mongundu yoondjamba ndhoka omu na ontseyi nena otatu ka ninga ompangela opo ku vule okutseyithwa kutya oshinamwenyo sha nika oshiponga na otashi piyaganeke noku yi gandja po yi vule okuningwa oshitopolwa shuukongo wopangeshefa.” Kombinga yomakwatho, Muyunda okwa popi kutya uuna nena ondjamba ya yahwa muukongo wopangeshefa, nena iimaliwa ohayi longithwa mokugandja omakwatho kaakwashigwana mboka ya gumwa, okwa popi kutya mbyoka kayi shi iifuta ihe omayambidhidho owala taya gandja koonakuyonagulilwa iinima yawo.



KENYA KAMBOWE

Drop in profit for Emirates

$
0
0
Drop in profit for EmiratesDrop in profit for Emirates Emirates, the Middle East's largest airline, has reported a decline in annual profit for the first time in five years.

The Dubai-based airline saw net profit fall 82% to 1.3 billion dirhams (US$354 million) as passenger yield – a measure of how much money an airline makes per passenger per kilometre flown - followed a slowdown in demand for travel.

It is the first time the airline has reported a decline in annual profit since the fiscal year ending 31 March 2012.

“We remain optimistic for the future of our industry, although we expect the year ahead to remain challenging with hyper competition squeezing airline yields, and volatility in many markets impacting travel flows and demand,” Emirates chairman Sheikh Ahmed bin Saeed al-Maktoum said.

The airline's revenue was flat at 85.1 billion dirhams (US$23.6 billion).

Emirates said the “relentless rise” of the dollar in its key market cost the airline 2.1 billion dirhams in revenue.

Its fuel bill increased 6% on the year to 21 billion dirhams and made up 25% of its operating costs compared with 26% last year.

Despite a series of what it called “destabilising events,” including Britain voting to leave the European Union and a number of restrictions on travel from the Middle East by US President Donald Trump, Emirates recorded an 8% rise in passengers carried to 56.1 million. Its load factor - or number of seats filled - fell 1.4 percentage points to 75.1%.

The airline increased its total seat capacity by 10% during the year.

The world's biggest customer of the Airbus A380 superjumbo said profit for the wider Emirates Group, which includes airport and travel services arm Dnata, fell 70% to 2.5 billion dirhams.

Emirates said it would not pay a dividend to Investment Corporation of Dubai, the state investment vehicle which owns the airline and stakes in other Dubai companies. It paid 2.6 billion dirhams for the previous year.

NAMPA/REUTERS

Le Pen must realise debate over euro is over

$
0
0
Le Pen must realise debate over euro is overLe Pen must realise debate over euro is over Marine Le Pen needs to learn the lessons from her French presidential election defeat to Emmanuel Macron and accept that her National Front (FN) party must drop its policy of quitting the euro, one of her top aides said on Thursday.

The European Union was the second most important issue for voters on Sunday's runoff, according to a Harris Interactive poll, just after jobs and ahead of security fears, migration, taxes and a wide range of other themes.

“For us, the question of the euro is over. The people held their referendum last Sunday. Marine must listen to that message,” Gilbert Collard, part of Le Pen's inner circle and a member of an FN-affiliated political grouping, was quoted as saying in Le Parisien newspaper.

The election offered a stark choice between Le Pen's plan to ditch the euro and break up the EU, and the centrist Emmanuel Macron's pledge to deepen EU integration.

Macron's victory, by 66 percent to 34, was more comfortable than surveys had predicted, and has triggered a rare public display of disagreement among National Front officials and allies over campaign policies.

All of France's main political parties are now turning their attention to legislative elections in June.

NAMPA/REUTERS

AB InBev's Zim unit sales fall 10%

$
0
0
AB InBev's Zim unit sales fall 10%AB InBev's Zim unit sales fall 10%Cash shortage in country to blame The cash crunch in Zimbabwe has not affected beer sale volumes, as consumers have simply turned to cheaper brands. Delta Corp, Zimbabwe's biggest company by market value, said full-year revenue fell 10% as consumers struggling for cash turned to cheaper brands of beer and sparkling wine.

Sales declined to US$483 million in the year through March, while net income slumped 13% to US$69.9 million, the Harare-based company said in a statement on Wednesday. Volumes of lager and sparkling wine fell 7% and 11% respectively, while sorghum beer declined 3% after heavy rains limited Delta's ability to get the plant-based drink into bars and shops.

“The company experienced significant challenges during the year,” including drinkers' limited access to cash and changes to payment platforms, Delta said. “The country received heavy rains, which limited market access and inhibited outdoor consumption occasions.'”

Delta, about 23% owned by the world's largest brewer, Anheuser-Busch InBev, is battling weak consumer spending and a cash crunch in Zimbabwe amid a crisis that has seen the economy shrink by about half since 2000. The company said Coca-Cola and AB InBev are exploring options to restructure a long-standing bottling agreement.

The shares are little changed this year at US$0.88 each, valuing the company at US$1.1 billion.

BLOOMBERG

Auntie Nangy

$
0
0
Auntie NangyAuntie Nangy Bring back cell pals

We need cell pals please Auntie Nangy. Bring them back soon.

Dear Reader, Auntie Nangy stopped cell pals to protect readers who were falling victim to criminals after innocent girls and women were raped by the men who advertised in the column. As a newspaper we have the duty to protect our citizens from criminals and for this reason we stopped publishing articles of men and women looking for love. This column is only there for you to share your social problems and health problems with Auntie Nangy and she will try to give you good advice.

He has vanished

Dear Auntie Nangy, I have a problem with my boyfriend. He always tells me that he loves me. But when I am at school he behaves like he does not know me and of late he has not communicate with me. What can I do Auntie?

It is very clear that this guy is just playing with your emotions and if truth be told; he does not love you at all. You are still in school and so you are still young to stress about boys who are not worth giving you sleepless nights. I encourage you to concentrate on your studies first and pass. Men will always be there so don’t hurry love. Many young girls get carried away with the passing infatuation and lose their focus and shatter their dreams by chasing boys who are not worth it. In your case, this guy has definitely found someone and if you slept with him he must have found another girl to taste and dump again. When hormones are raging wild during puberty one can go wild and I beg you not to be swept away by the tide. When you are done with school and university and you have a good job and living a good life, real men will flock to you and men who will respect the woman you are. So, don’t stress, focus on your studies and enjoy being who you are.

Irregular periods

Auntie Nangy I am a 15-year-old girl. I had my period last month but and this month I didn’t get it and I did not have sex. Does this happen sometimes? Please help me Auntie.

The fact that you did not have sex allays fears that you could be pregnant so you do not need to worry at all. At 15, you have just started menstruation and your body is still adjusting to maturity. When teen girls start having periods, it is common that their periods are irregular and this is because the body is adjusting to adulthood. This adjustment might even take several years so as long you are not having sex, this is normal and you should not worry. If you were older or at the age when periods should be regular then the irregular periods would have been caused by other health reasons such as tiny growths in the ovaries, thyroid disorders or menopause in older women who are nearing the end of their child bearing age. Don’t worry, be happy!

Is masturbating normal?

Dear Auntie Nangy, I’m a 15-year-old boy having a problem of masturbating every day or often. I don’t know how to stop. Please help?

Firstly, I want to correct you because masturbation is not a problem so don’t worry. According to a WebMD, masturbation a normal and there are good benefits from masturbation. Women also masturbate. Here is what Web MD says about masturbation. Masturbation is a good way of relieving sexual tension – the desire to have sex and you do not have a partner to have sex with or when your partner for various reasons does not want to have sex with you. Masturbation is also a safe method for couples who want to avoid pregnancy and contracting sexually transmitted diseases (STIs). In the past masturbation was seen as a mental problem but nowadays the practice is now seen as normal, sexual activity that is fulfilling, pleasant, and safe. But some religions regard it as a satanic behaviour.

Am I safe after condom burst?

Dear Auntie Nangy, I am a girl, 17 years old. When you are dating and your boyfriend uses a condom which bursts during sex, can you fall pregnant?

The use of condoms during sexual intercourse is to guard you from getting sexually transmitted diseases and pregnancy. It then follows that if a condom bursts you risk getting pregnant or getting sexually transmitted infections. For your information, I would like to share with you some of the reasons why condoms burst. Condoms, like trousers and skirts have sizes because men’s penises have different sizes – long and thin, long and stout, medium and small ones too. So, if a man with a big penis wears a medium or small condom, like a shirt or dress, it will tear or break. But the vagina is a one-size-fits-all. Any penis size will enter. Another reason for condoms to break during sex is when the man plunges into a dry river bed commonly known as dry sex. A woman is supposed to be stimulated first for her to release the lubricating juices that will allow the penis to slide in with ease. Some men keep or hide condoms in their wallets where they are squashed and this friction weakens the condoms. Also make sure that the condoms are not kept in the glove compartment of the car where they are exposed to heat. Lastly, ladies sometimes tear condoms with their long nails.

Celebrities giving back

$
0
0
Celebrities giving backCelebrities giving backThe importance of charity - regardless of status Akon and Rihanna open up to global media about why they have charity foundations and share the work they are involved with in Africa. A lot people have the ambition of being rich and famous. The sad part about today's generation is that not many remember where they come from or how long the journey was, and who helped them get where they are. A few, who have done remarkable charity work for their communities and beyond, include musicians Akon and Rihanna.

The two, with different charity organisations, believe in knowing where you come from and giving back to get more out. “Giving back is important to me and it should be important to everyone. If you have the ability to help and lend a hand, no matter how big or small, you should definitely make that your responsibility,” Rihanna told the Daily Mail.

Since rising to fame, Rihanna has become a vocal philanthropist. In 2012, she launched her Clara Lionel Foundation charity in honour of her grandparents to improve health, education and arts and culture around the world. Through this push, Rihanna helped to advocate for more than a quarter of a billion children who are not currently in school, as well as about 330 million students who are studying at the schools they're in.

In May last year she launched the Clara Lionel Foundation's Global Scholarship Programme, dedicated to giving people in nations such as Cuba, Haiti and her home country Barbados, the chance to study at universities in the United States. “I don't think it is fair that children carry the burden of financial limitations at such a young age. We want college graduates in our programmes and a lot of these kids are really smart and doing well in school, but they don't have the finances to take it any further than that. That is why we started this programme,” said Rihanna on Instagram.

At the beginning of this year, the singer made the trip to countries like Malawi in her role as Global Ambassador for the Global Partnership for Education and on behalf of her Clara Lionel Foundation, meeting with key educators, government officials, students and mentors, People reported. Because of Rihanna's charities, the Harvard Foundation for Intercultural and Race Relations honoured her with the 2017 Harvard Humanitarian of the Year award.

Akon on the other hand, according to Digital Spy, has recently spoken about how he finds charity in Africa problematic. The singer and rapper grew up in Senegal and teamed up with Shell to create an innovative football pitch in Nigeria that allows the local community to play football at night. He also has his own initiative, Akon Lighting Africa which started in 2014 which aims to provide electricity to Africa. Akon has done more for Africans in one year than most charities have done in decades as his charity has up to date provided 600 million people in rural communities across Africa with electricity.

In an interview with Digital Spy the Sorry artist said people should be in a position to empower themselves and believe that they are capable of doing things by themselves. According to him people are just waiting for the outside world to come and constantly give and there isn't the motivation to want to build it up on their own. “Charity is just giving. You have to be able to put yourself in a position to appreciate what you have been given. It has been years of constant charity in Africa and nothing has stemmed from it,” he said. He recalls having seen a number of charity organisations come into Africa just to constantly give, yet there hasn't been any structure building or no environmental development. He says it is about time Africans start doing things for themselves.

Akon also opened up about how going from growing up in a town without electricity to living in the US changed his life. “Had I been in Africa without that access, I don't think I'd be Akon today. Ultimately coming to the US to get that option and to see the difference in what life had to offer motivated me to become better,” he explained. He also encouraged more African artists to start giving back and take the lead in changing their countries.

Next week, tjil will look into local entertainment personalities and how they give back to their communities and country at large.

June Shimuoshili

Get your lace wig on

$
0
0
Get your lace wig onGet your lace wig on For the first time in Namibia, the Hair Goddess Salon will present a two-day lace wig training seminar to empower Namibian women.

This will be the first in a series of training hair and beauty matters to be conducted by Hair Goddess. The training will be led by Diana Katjiuongua, a professionally trained lace wig constructor and trainer. In just 16 hours, attendees will be taught and be equipped with everything they need to know to become top lace wigmakers for themselves and anyone, literally without breaking the bank. “The hair industry is a billion-dollar business and Namibia is part of this ever-growing sector, hence the desire by Hair Goddess to include more Namibians in this lucrative business,” Katjiuongua said.

The seminar is an exclusive opportunity with limited spaces available. To register send an email to ‘info’ at their website hairgoddesnamibian.com or follow Hair Goddess Salon on social media accounts. “We only have 20 spots available. We want every attendee to enjoy the benefits of our undivided attention and give plenty of time for individuals to interact and ask questions,” said Katjiuongua.

The registration fee is N$5 500 which includes tools and materials needed to start creating beautiful lace wigs, in one simple package. “The comprehensive tool kit will include virgin hair and all the tools such as a wig block head and pins, to mention a few,” she said. Upon completion of the programme, each attendee will receive a certificate.

June Shimuoshili

Around the world at FNNC

$
0
0
Around the world at FNNCAround the world at FNNCWhopping 70 000 made last year For the seventh consecutive year, FNCC, in cooperation with the Association of Diplomatic Spouses brings you yet another edition of the International Food and Craft Bazaar. The reputable charity open market is regarded as a melting pot of diverse cultures where people from all walks of life get a chance to mingle. Embassies and diplomatic missions in Namibia will present exquisite culinary specialities, unique arts and crafts souvenirs from their countries, together with performers from all around the world. This means you’ll be able to taste Malaysian food alongside Brazilian specialties, watch Cuban dancers and listen to French singers – all on the same day, travelling only as far as the Franco-Namibian Cultural Centre (FNCC) in Windhoek.

The bazaar is a charity event which Association of Diplomatic Spouses (ADS) puts on in cooperation with the FNCC. Some 16 embassies are participating this year, alongside nine crafters. The embassies will be selling food, drinks and crafts from their countries, and donating the money they make to ADS for charity projects. The funds this year will go towards supporting initiatives around children welfare in Namibia.

Cultural performances will also take place. The Japanese Embassy will put on a Kendu show, while the Indian High Commission will have a yoga demonstration. Namibian artists will also take part in the performances including Lize Ehlers, Song Night Ambassadors of 2016 and 2017 and a dance show by the OYO Dance Troupe. Save your Saturday for massive fun at the FNCC from 10:00 to 14:00. Entrance is free.

JUNE SHIMUOSHILI

The toolkit to the internet

$
0
0
The toolkit to the internetThe toolkit to the internetHow to use social media wisely Social media can become a dangerous addiction because of the power to please and the ability to lie. Here's what's happening. Did you know that one in four people in Namibia use social media? We live in an era where we, and our lives, revolve around the internet. It has also become addictive to the extent of us wanting to appear online as people we are not in real life.

Have you ever noticed and maybe wondered some people on social mediums have a large following yet most of them are not well-known? What is the secret behind their 78 000 followers and friends? What is the psychological impact of craving attention online and lastly, how can one use this to their advantage and make a few bucks out of it? This week tjil caught up with a Tuli Kaute, a social media practitioner.

Over the past few years social media has impacted our lives in more ways than one. It has become such a big part of our day-to-day existence, getting us news, entertainment and education. However, it has also become evident that social media has become a space where people are consistently competing for attention. The need for likes, reactions and comments has driven people to go to unimaginable lengths to gain more followers. In some instances, people have gone as far as buying likes in order to gain more followers. There is nothing wrong with buying likes and followers, especially if one has a brand to market, but what if there is not anything to sell?

Where does one buy likes and who sells them? Well, it's as easy as searching for sites like Authentic Plays, one of the most reliable websites to buy likes, views and followers. According to Authentic Plays, using their website will provide you with real, safe, high-quality views, likes and followers. Unlike other sites that use robots to send views, they deliver real human views.

Now that we know where to buy popularity, a curious person would ask why one would feel the need to by 'friends and reactions'? Have we really become a society that is okay with mingling and telling strangers what we ate or plan on doing the rest of the day? Is it a sort of attention-seeking method to fill a void in our lives? If a person with a high following shares or updates their status raising a concern, people are likely to react simply because that person spoke about it. The bad thing about having many followers is when you are not strong enough to withstand criticism. Having many followers on social media makes one vulnerable to bullying. According to the Teen Safe website, suicide trends among teens and social media is partially to be blamed.

We have also seen a new trend of people who make a living by creating content for social media. Social media has become more than a tool for just keeping in touch with friends and family. Many have found a loophole and have made great amounts of money by selling products or selling themselves - by being brand ambassadors. We have successful individuals who have made a lot of money simply by having a large following which attracts business owners and alternatively, selling their brands through these people. Talah da Costa is an Instagram model who now earns a living by promoting local brands on his account. Kaute advices people to be careful of what they post on public platforms as it plays a crucial role in one's life. “Keep in mind that companies are now starting to look into what you post on social media before they hire you, because your personal presence/reputation on social media will affect the company's image,” he said. Kaute says there is nothing wrong in purchasing followers, likes or views, but it is important that one knows what to do with them. “I strongly believe that in the near future the success and failure of any business, personal brand or individual will largely be determined by its presence on social media,” he said. Here his top four key points one should consider before buying the numbers.

Define your purpose: Why are you on Facebook, Instagram or Twitter? Why do you need more followers? What will you do with these followers? What is the return on investment? With every post, every comment, like or share on any platform, you use data and data costs money. The question is what are you getting in return? Defining your purpose will help you to be more strategic in terms of identifying your needs and use of social media.

What is your aim: Why are you using social media to build your personal brand? Are you an advocate? Or do you simply have personal insecurities and want to use social media as a tool to fill a void/lack of self-esteem? Truth is if you don't have an aim, you will be posting purposelessly and endlessly doing things that mean nothing.

Work on your brand, AKA you: It is pointless to have promoted a product/idea or lifestyle on social media if it is not consistent with your reality.

Follow/befriend the right people: Keep in touch and befriend people who can help you gain more wisdom, knowledge and ability to build your business and make money.



Here is a list of the most followed Namibian entertainers on Instagram:



Top 10 females

1. Dillish Mathews 291k followers

2. Maria Nepembe 165k followers

3. Meriam Kaxuxwena 73.7k followers

4. Pombili Shilongo 73k followers

5. Sally Boss Madam 55.5k followers

6. Tjuna.k 48.1k followers

7. Oteya_official 47.6k followers

8. Betty Davids 47.6k followers

9. Nomvulaiman 40.8k followers

10. Celama Hamunyela 40.2k followers



Top 10 males

1. Luis Munana 145k followers

2. Gazza 98.1k followers

3. The Dogg 86k followers

4. Talah Dacosta_Hashipala 73.8k followers

5. Paul Da Prince 35.3k followers

6. Young T 33.8k followers

7. Sunny Boy_Yaziza 17.3k followers

8. House Prince (Chester) 15.4k followers

9. Kvng_Tala 14.5k followers

10. Wellem Kapenda 13.8k followers



Did you know?

The 'Fake Followers Check' analyses your followers to see how many are fake. The interesting thing is you can do the analysis on other accounts too.









June Shimuoshili

Childhood wisdom

$
0
0
Childhood wisdomChildhood wisdom I've been taught to value what my elders taught me because they have years of wisdom. Growing up will definitely change your perspective of the world, in retrospect, of how you viewed it as a child. Maturity is necessary to navigate through adulthood, but there are some valuable and wise childhood qualities that are worth keeping. Perseverance: When you were a toddler, you saw the world as an amazing place of discovery. You learned everything through trial and error, you didn't worry about how ridiculous you looked when you stumbled because falling down only made you more determined to succeed. You kept your eyes on your goals and even applauded yourself for every little achievement. We all have an instinctive capability to view obstacles as challenges, overcome failure and to persevere. Forgiveness: It's almost impossible to meet anybody who hasn't been through something bad in life. You can't always prevent people from hurting you but you can control how you react to it. As a child, you could easily forgive because you didn't fully develop the capability of holding a grudge. As an adult, you have to learn how to amicably resolve disputes in your private and professional life. Recognising your own faults and forgiving others for their shortcomings is what ultimately sets you free emotionally. Ambition: Do you remember what you wanted to be when you were a child? You saw no limitations to what you could accomplish because the world was your playground. Our ambitions change as we grow older, mainly because of what other people told us we can or can't do. Imagine what you could achieve if you had that childlike confidence again.

Beauty Ndapanda

Your home online

$
0
0
Your home onlineYour home onlineWhy websites are good for a brand Tjil caught up with some Namibian celebrities who have launched websites to make work easy for themselves and also keep their fans informed. Have you ever tried searching for your favourite celebrity online and failed miserably to get that 2001 hit song you like so much? This is caused by the fact that we don't have digital archives and this means artists and celebrities could miss out on digital sales if they don't have a hub with their information available on one click. What is this hub you may call it? A website.

Big Ben, who launched his website as early as 2009, says he has had enquiries from all over the world and he thought he should provide everything in a one-stop site. Big Ben also says a website made him look organised. “Having my own domain name allowed me to have my own customised email address while other musicians were still using Gmail, Live and Yahoo. It makes sense for business, trust me,” he said.

Many public figures are visible on social media, however, this is not enough as many social media accounts do not contain all the needed information. For Big Ben, websites are like offices and this shows people from anywhere that they can trust you and do business with you. He also says compared to social networks which are just hangout places, a website is more like a physical address for one's business because ownership and maintenance can be traced. “As for social networks, even handles can change in seconds. Social networks have their use but they can never beat the benefits of a website. I get bookings through the website and even local events companies get to email me directly from the site and place bookings. Picture galleries and promotional materials get to be used by media as they are in high resolution compared to those on social networks,” he said.

Oteya, who launched her site this year, says the Namibian music industry has been facing music distribution challenges thus website development helps in closing that gap. She says her website can be seen as Oteya's music shop. “Fans can buy and download the entire album or buy any song they like. The reason for launching it was to create awareness because that's one of the ways her fans will be informed,” she said. For Oteya, having a website makes sense because she has a wider catalogue of albums so its makes economic sense for her to upload her content for her fans to have easy access.

Comedian Mark Kariahuua who just launched his website says it is about time because all his material is now accessible to everyone from one place.

June Shimuoshili

Honour your mothers!

$
0
0
Honour your mothers!Honour your mothers! It's Mother's Day this Sunday and it is a time for many to reflect and celebrate the beautiful, tough and cheering ladies in our lives. Your mother does not necessarily have to be someone who gave birth to you; it could be your aunt or even that lady next door who used to give you food here and there, whenever you were hungry. Many people will say that you shouldn't be celebrating or honouring your mother just on this one day, but you should do it all the time. However, for this one day, once a year, you should treat her as your queen just like you would any other day.

Show the lady or community of ladies that raised you that they brought up a respectful, honest and principled person. They've made too many sacrifices for you… they had to put you before them and ensure that you had the best possible that life could offer. You are the person you are right now because of the icons that raised us. As such you need to reciprocate the same kind of love and sacrifices they've made for you… you would not be able to match their unique skills but you can try.

Treat your mother kindly even if you do that regularly. Bombard her with a lot of calls and make sure you try to visit her this weekend. Make some effort and see her. Ditch your friends and the plans you have made for this weekend and go all out for the woman who raised you. If you can go on a nice trip to Swakopmund or Walvis Bay, this time also pull the same stunt for the leading lady in your life and show her that you appreciate all you have done for her.

This Mother's Day, show your mother that you are grateful for the way she nurtured you and thank her for being a good custodian all your life. Your mother has been there for you at your best and worst moments, and you also need to look out for her whenever you can. Our mothers are very influential and powerful people who have motivated us and moulded us into responsible and upstanding people. Remember, she taught you how to use a spoon….

We need to put more effort into the relationships we have with our caregivers and we definitely need to cherish them a little more. We should strive to work hard and make them proud and show the world not only our own characteristics but reflect the ones of those few individuals who have made us who we are today.

June Shimuoshili

june@namibiansun.com

JPMorgan warns on rand

$
0
0
JPMorgan warns on randJPMorgan warns on randWall Street goes sour on SA currency Investors are describing the rand as “uncompelling” and advising clients to go with the Mexican peso. As South African political risks mount and commodity prices retreat, banks from JPMorgan Chase to Morgan Stanley and Bank of America are telling clients to short the rand against other major emerging-market currencies, including Turkey's lira and Mexico's peso.

They're predicting the selloff that began in late March when President Jacob Zuma sacked his finance minister Pravin Gordhan is about to repeat itself.

Only this time the trigger may come if Zuma survives a possible parliamentary vote of no confidence and his former wife, Nkosazana Dlamini-Zuma, is named head of the ruling African National Congress in December.

“It'll be difficult for the rand to regain the bullish momentum that dominated throughout the second half of 2016 and earlier this year,” said Piotr Matys, a currency strategist at Rabobank in London who sees the currency weakening beyond R14 per dollar in the next few months. “The rally is more than likely over.”

The currency is down from the beginning of the week, trading at R13.52 to the dollar yesterday morning.

Until the end of March, the rand was the biggest beneficiary of an emerging-market rally partly fuelled by speculation that the US Federal Reserve would enact a slower pace of interest-rate increases. The currency at one point gained as much as 12% in 2017, the most in the world, to trade at its strongest level since 2015. And until the week before Gordhan was fired on March 30, the dollar-rand carry trade handed investors the highest returns among developing nations this year.

Gordhan's dismissal, though, was a reminder of the risks brewing in Africa's most industrialised nation. It sparked a slide in the rand that trimmed its advance this year to 1.9%. And as the currency retreated, Fitch Ratings and S&P Global Ratings cut South Africa's debt to junk. Moody's Investors Service put the nation on review for downgrade last month.

Adding to the negative backdrop is the slide in prices for metals and other commodities that account for more than one-third of South Africa's export revenue. An index of raw materials dropped this week to the lowest level in a year.

The rand is “uncompelling at current levels given risks of further political noise in the months ahead and a pending Moody's rating review, and headwinds from falling iron ore prices,” JPMorgan London-based analysts Saad Siddiqui and Michael Harrison said in a note on 5 May. “We have been shifting our portfolio by rotating out of long positions in commodity currencies, preferring commodity importers.”

JPMorgan said clients should target a level of R3.9 versus the Turkish lira. BofA recommended last month buying the lira when it traded at R3.64 and targeting a 12% gain to R4.1. So far, the trade would have made investors about 3%.

Not everyone is convinced the rand's heading for losses. Pacific Investment Management says it's “no longer so fragile” given South Africa's reduced current account deficit, which it mostly funds through portfolio inflows.

Morgan Stanley prefers shorting the rand against the Mexican peso, which has risen since January as President Donald Trump's administration tones down talk of scrapping the North American Free Trade Agreement. Cancelling NAFTA would be a blow to the peso, because Mexico's total trade with the US is about double the value of its exports and imports with other countries, according to data compiled by Bloomberg.

Morgan Stanley recommends targeting a move to R1.33 peso against the rand from R1.41.

The New York-based lender is also bearish on South Africa's benchmark local-currency government bonds due in December 2026 and expects the rand to head toward R15.4 per dollar by the end of 2017.

It assumes Dlamini-Zuma will succeed Zuma as ANC leader this year, defeating Deputy President Cyril Ramaphosa, most investors' preferred choice. That would mean a “continuation of current policy drift,” it said in a May 4 note.

“Investors remain too optimistic about South Africa's fundamentals and politics,” Min Dai, a Morgan Stanley fixed-income strategist, said in the note. “In the first three months of the year, investors had good reason to be bullish on South Africa. However, recent political uncertainty has led to a worsening macro outlook.”

BLOOMBERG
Viewing all 36395 articles
Browse latest View live




Latest Images