Submitted by Sun Reporter2 on Thu, 2013-03-07 09:05
WINDHOEK - STAFF REPORTER
Following a merger between Namibian water treatment company Aqua Services and Engineering (ASE) and European-based Veolia Water Solutions and Technologies in 2008, the local company last week launched a fresh logo.
Submitted by Sun Reporter2 on Thu, 2013-03-07 08:13
MUMBAI - NAMPA/AFP
Cadbury is at loggerheads with tax authorities in India, who say the company lied about the existence of a local sweet factory, in order to score on tax payments.
Indian tax authorities have accused the local unit of chocolate giant Cadbury of evading US$46 million (N$418,6 million) in taxes, by pretending to produce sweets at a factory that did not exist, a report said on Wednesday.
Cadbury India manipulated invoices and other documents to get a tax exemption for companies that began production in new plants in the northern state of Himachal Pradesh by March 31, 2010, the Wall Street Journal reported. Read more about Chocolate giant accused of tax evasion
Submitted by Sun Reporter2 on Wed, 2013-03-06 08:46
MADRID - NAMPA/AFP
The co-founder of the Inditex fashion group, leapt over Warren Buffett and France’s Bernard Arnault, to become the world’s third richest person on Forbes’ 2013 annual ranking of billionaires.
‘Mystery man’ is worth n$456 billion
The recession ravaging Spain’s economy has not held back Amancio Ortega, a railway¬man’s son from Galicia, who has just leaped to third place in Forbes magazine’s listing of the richest people in the world.
From his workshop in the rug¬ged north-western region of Gali¬cia, Ortega has conquered the world with his Inditex retail em¬pire and its flagship Zara brand.
Submitted by Sun Reporter2 on Mon, 2013-03-04 09:07
WINDHOEK - DENVER ISAACS
The Bank of Namibia on Friday paid a visit to Prime Minister Hage Geingob, in order to brief the new premier on the work of the Financial Inclusion Council, chaired by his office. Read more about BoN briefs Prime Minister