Illicit drugs:
Southern African transit point for South Asian hashish and heroin,
and South American cocaine probably destined for the European and
South African markets; producer of cannabis (for local consumption)
and methaqualone (for export to South Africa); corruption and poor
regulatory capability makes the banking system vulnerable to money
laundering, but the lack of a well-developed financial
infrastructure limits the country's utility as a money-laundering
center
This page was last updated on 19 December, 2006
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@Namibia
Introduction Namibia
Background:
South Africa occupied the German colony of South-West Africa during
World War I and administered it as a mandate until after World War
II, when it annexed the territory. In 1966 the Marxist South-West
Africa People's Organization (SWAPO) guerrilla group launched a war
of independence for the area that was soon named Namibia, but it was
not until 1988 that South Africa agreed to end its administration in
accordance with a UN peace plan for the entire region. Namibia won
its independence in 1990 and has been governed by SWAPO since.
Hifikepunye POHAMBA was elected president in November 2004 in a
landslide victory replacing Sam NUJOMA who led the country during
its first 14 years of self rule.
Geography Namibia
Location:
Southern Africa, bordering the South Atlantic Ocean, between Angola
and South Africa
Geographic coordinates:
22 00 S, 17 00 E
Map references:
Africa