info_e12wt4cs – Page 451

07 Dec

We want to see the repo rate back to normal: NALOBA

info_e12wt4csObserver MoneyWe want to see the repo rate back to normal: NALOBA

Martin Endjala Peter Amadhila, the Vice-President of the Namibia Local Business Association (NALOBA), expressed dissatisfaction with the unchanged repo rate, stressing the need for it to return to normal to alleviate the hardships faced by many businesses. "NALOBA and the entire business community, in general, are not impressed by the recent announcement. The repo rate is already extremely high, making the business environment very tough and unaffordable. In our current dilapidated economy, every Namibian citizen wants to see the repo rate gradually decreasing until it returns to normal," he stated. Amadhila's remarks came in response to the announcement by Bank…

07 Dec

RP warns the government against secret negotiations with the WHO

info_e12wt4csNational NewsRP warns the government against secret negotiations with the WHO

Stefanus Nashama Henk Mudge, the President of Namibia’s Republican Party (RP), has issued a warning to the Namibian Government to not engage in secret negotiations with the World Health Organization (WHO). Mudge, while addressing a press conference in Windhoek, expressed concern about WHO’s proposed amendments to the existing International Health Regulations of 2005 and the introduction of a New Pandemic Treaty. Mudge raised apprehensions about the WHO, describing it as an unelected body consisting of what he called “arrogant billionaires” known as the Globalists who are pushing a One World Government agenda. According to him, their ultimate goal is to…

07 Dec

LPM annoyed by Petroleum Commissioner for declining invitation

info_e12wt4csNational NewsLPM annoyed by Petroleum Commissioner for declining invitation

Hertta-Maria Amutenja Landless People’s Movement (LPM) has expressed disappointment with Maggy Shino, the Petroleum Commissioner, for declining an invitation from the party to make a presentation at its upcoming policy conference. The invitation, extended to Shino by the LPM’s Deputy Leader and Chief Strategist, Henny Seibeb, aimed to shed light on Namibia’s oil and gas strategy, local economic empowerment and beneficiation. Seibeb said the party regrets Shino’s response and labelled it as displaying a disregard for the nation’s citizens. “Regrettably, your response to our invitation has been received with disappointment, exhibiting a disregard for our nation’s citizens, coupled with an…

07 Dec

CoW set to lose N$524 million through debt relief program

info_e12wt4csNational NewsCoW set to lose N$524 million through debt relief program

Erasmus Shalihaxwe The City of Windhoek (CoW) Council has announced a debt relief program for eligible residents and businesses, which will see the city losing a total amount of N$524 million of revenue. Deputy Mayor, Joseph Uapingene announced this yesterday while giving highlights from the Ordinary Council meeting held last week. He said the program will offer 100 percent interest cancellation for pensioners and 50 percent interest cancellation for businesses, residential debtors and other debtors. “The program will start in 2024, and the exact date and application details will be shared with the public later. The council hopes that this…

07 Dec

Geingob receives historic award at COP 28

info_e12wt4csNational NewsGeingob receives historic award at COP 28

Niël Terblanché President Hage Geingob was honoured as the recipient of the highly acclaimed African Presidential Green Infrastructure Investment Statesman of the Year during a momentous ceremony held at COP 28 in Dubai. President Geingob’s remarkable contributions to the field of Green Infrastructure Investment have earned him this distinguished recognition, making him only the second recipient of the award since its inception in 2022. The award was presented to President Geingob during the COP28 Africa Investment Earthshot Leaders’ Summit and NDC Investment Award. The gathering celebrated excellence in environmental leadership and sustainable development. The event was organized by Africa Investor…

07 Dec

SPYL rebuts Itula’s statements on presidential candidacy

info_e12wt4csMainSPYL rebuts Itula’s statements on presidential candidacy

Hertta-Maria Amutenja The Swapo Party Youth League (SPYL), has addressed what it calls “unfounded hallucinations”, of Panduleni Itula, the leader of the Independent Patriots for Change (IPC), regarding Netumbo Nandi-Ndaitwah, the Swapo Party’s presidential candidate for the 2024 elections. In a statement, SPYL’s Secretary General, Ephraim Nekongo, reiterated the party’s usual stance of not responding to what they term the “hallucinations of fly-by-night political establishments” but felt compelled to set the record straight on Itula’s comments. This comes after Itula in a recent interview repeated a claim of being the only presidential candidate in Namibia. Itula also repeated claims about…

07 Dec

NWR supports Khorixas to maintain a clean environment

info_e12wt4csNational NewsNWR supports Khorixas to maintain a clean environment

Stefanus Nashama Namibia Wildlife Resorts (NWR), has taken steps to support the Khorixas Town Council with cleaning materials worth N$10 000 to enhance a hygienic environment for tourism. Nelson Ashipala, the Spokesperson of the NWR, confirmed the support yesterday. Providing details about the nature of the donation, Ashipala said, it includes gloves, refuse bags, and masks to support the town in maintaining a pristine environment. He said that the donation aims to empower Khorixas in its mission to keep the town and its surroundings clean and welcoming. Ashipala said Khorixas is stationed along one of the most scenic routes in…

07 Dec

NAOGSP set to host inaugural board meeting

info_e12wt4csNational NewsNAOGSP set to host inaugural board meeting

Niël Terblanché The Namibian Association for Offshore Oil and Gas Service Providers (NAOGSP) is poised to hold its inaugural board meeting in Walvis Bay on Saturday. NAOGSP, a newly formed industry association representing Namibian offshore oil and gas service providers, is dedicated to fostering collaboration, facilitating knowledge exchange, and promoting business development among its members, thereby optimizing its contribution to the country’s offshore oil and gas sector. According to Knowledge Ipinge, the founder of NAOGSP, the inaugural board meeting will also mark the official inception of the recently established association. The existence of NAOGSP first came to light when the…

06 Dec

Shaningwa accused of unlawful withdrawal of N$2.5 million

info_e12wt4csNational NewsShaningwa accused of unlawful withdrawal of N$2.5 million

Erasmus Shalihaxwe Swapo Secretary for Economic Affairs Bernadette Jagger has summoned party member, Pedro Mwenyo to provide evidence on the allegations he made that the party Secretary General Sophia Shaningwa, has acted unprocedural when she withdrew N$ 2.5 million from the bank account of one of the party’s companies.Jagger who is a Member of Parliament and also serves as Deputy Minister of Gender Equality, Poverty Eradication and Child Welfare, said Mwenyo made the allegations through social media and cited Tuyenikelao Nicanor as the custodian of evidence that the Secretary-General withdrew an amount of N$2.5 million from a certain party enterprise…

06 Dec

Low local travel uptake concerns NWR

info_e12wt4csNational News

Martin Endjala The Namibia Wildlife Resorts (NWR) has expressed disappointment in the relatively low number of Namibians taking up local travelling opportunities despite concerted efforts to promote domestic tourism in the country. The majority of visitors to NWR facilities remain Europeans, with a significant number hailing from Germany. “From November 2022 to November 2023 a total of 511,984 occupants visited Namibia Wildlife Resorts facilities with a sizeable number of about 35 013, accounting for about seven percent of our total clients originating from Germany. South Africa’s market has shown resilience, contributing 90,296 guests to our resorts. We are also seeing…