Observer – Page 463 – Windhoek Observer

01 Sep

Government to dispose 600MT of monk fish

ObserverObserver MoneyGovernment to dispose 600MT of monk fish

Chamwe Kaira The government plans to disposal 600 metric tons of Monk Freezer Fish to the highest bidder. This is part of the governmental objective to auction fish quotas to the highest bidder. The Ministry of Finance and Public Enterprises and the Ministry of Fisheries and Marine Resources has invited bidders for 600 metric ton of Monk Freezer Fish on the following conditions bids must be in multiples of 100 metric ton with a minimum price of N$10 000 per MT of monk freezer fish. The ministry said quota will be allocated to the highest bidders at their bid-price, ascending…

01 Sep

Lest we take projects like Green Hydrogen on face value!

ObserverOpinionsLest we take projects like Green Hydrogen on face value!

CAN more jobs creation, and even what one may consider increased investment flow lead to increased, better and/or requisite socio-economic transformation that Namibia craves for, and has been even since independence been so much desirous of and for, which indeed was, is and must be the essence of independence? Yours Truly Ideologically cannot but raise this pertinent question, especially at the backdrop of the recent oil and gas conference last month, where some Namibian ministers delivered what they presented. But their deliveries at the said conference, more than charting the way forward, in terms of the country’s let alone the…

01 Sep

Menzies is tainting Namibia’s sovereign reputation

ObserverNational NewsMenzies is tainting Namibia’s sovereign reputation, Swapo Youth League

Niël Terblanché The Hosea Kutako International Airport (HKIA) is a strategic entry point to Namibia and by not complying with a recent Supreme Court order, British-owned Menzies Aviation Namibia is painting a negative image of the country. Ephraim Nekongo, the Secretary of the Swapo Youth League said the company’s actions are also compromising Namibia’s sovereignty and security. “We call on all patriotic forces to unite and reject the imperial posture of Menzies,” the youth leader said in a statement. The recent actions of Menzies Aviation at the HKIA have ignited a wave of condemnation from a wide variety of corporate…

01 Sep

Namibia needs to upscale its artisan skills: Kasete

ObserverNational NewsNamibia needs to upscale its artisan skills: Kasete

Martin Endjala Chambers of Mines President, Zebra Kasete, has implored Government and industry players to reinvigorate artisan training programmes in the country to upscale skills to align them with the demands of emerging industries such as oil and gas and green energy. He said artisans in Namibia have good entry skills, but lack expertise in new industries which could be a serious concern if not addressed immediately. Kasete made this call on Wednesday at the official opening of the 10th Mining Expo in Windhoek under the theme “Namibia’s Role in the Sustainable Supply of Minerals to Support the Global Energy…

01 Sep

Solar Revolving Fund targets to finance 400 off-grid households

ObserverNational NewsBryan Eiseb, e Executive Director of the Ministry of Mines and Energy, Solar Revolving Fund targets to finance 400 off-grid households

Martin Endjala The Executive Director of the Ministry of Mines and Energy, Bryan Eiseb, has announced that the Solar Revolving Fund (SRF) aims to finance 400 off-grid households during the current financial year. Eiseb made the announcement on Wednesday during the launch of the service level agreement between the ministry and the Northern Regional Electricity Distributor (NORED) at the Ongwediva Annual Trade Fair. He said for this objective to be achieved, the ministry has established strategic alliances with various Regional Electricity Distributors that allows consumers living in known areas to make use of available financing program and subsidy, to enable…

01 Sep

CRAN Board commits to performance agreements

ObserverNational NewsCRAN Board commits to performance agreements, Dr Peya Mushelenga

Niël Terblanché The Communications Regulatory Authority of Namibia (CRAN), has taken a decisive step towards enhancing governance and accountability by signing Performance and Governance Agreements. The signing ceremony, overseen by ICT Minister, Dr Peya Mushelenga, signifies a commitment to transparent and effective operations in the best interest of the Namibian public. During the signing ceremony, Mushelenga emphasized the importance of acting with fairness, good faith and transparency. The minister urged the directors to prioritise the principles of accountability and maintain an independent perspective while focusing on delivering valuable services to the public. Highlighting the crucial role that CRAN plays in…

01 Sep

Lack of roads will hinder the progress of the Rundu abattoir

ObserverNational NewsLack of roads will hinder the progress of the Rundu abattoir, Rundu Abattoir

Hertta-Maria Amutenja Kavango East Region Governor, Bonifatius Wakudumo said the region needs to address critical issues of road infrastructure to avoid hindrance to the progress of the recently inaugurated Rundu Abattoir. Amidst the excitement over the new state-of-the-art abattoir facility, Wakudumo highlighted the essential role roads play in ensuring the abattoir’s success and broader economic benefits during the official handover yesterday. Wakudumo expressed gratitude for the facility’s establishment, recognising its capacity to slaughter 80-120 cattle per day, contributing significantly to the livestock sector’s growth and the region’s economic growth. However, he didn’t shy away from voicing his concerns about the…

01 Sep

Corruption at the heart of NAMCOL staff resignation: Amupanda

ObserverNational NewsCorruption at the heart of NAMCOL staff resignation: Amupanda

Stefanus Nashama Affirmative Repositioning Movement Leader, Job Amupanda has criticised Namibia College of Open Learning (NAMCOL) for failing to hold accountable an employee who was reported to have misappropriated N$305,770.00 of student funds. The activist leader accused the institution of organising the employee’s resignation without taking serious action because there were people from high offices involved. “The corrupt chain has organised that the accountant resigns,” he said. Amupanda said while NAMCOL is claiming to have a zero-tolerance stance against theft, fraud and corruption, he has been informed that someone had started deleting information regarding the matter to protect the ‘corrupt…

01 Sep

Tantalum mining to commence next year

ObserverNational News

Martin Endjala Swanson Tantalum Mining production is set to commence with mining operations between October and November 2024. With a feasibility study already completed and a final investment of USD7 million in finance already secured together with all necessary permits the company is ready to start production. Acadia Minerals Chief Executive Officer Philip Le Roux explained that a large number of well-mineralised pegmatites are also present on the property and the potential of the occurrences is highlighted by extensive, small-scale mining activities where tantalum, beryl and spodumene were extracted from the pegmatites. He was speaking at the 2023 Mining Expo…

01 Sep

DBN signs concessional loan agreement to mitigate climate challenge

ObserverNational NewsDBN signs concessional loan agreement to mitigate climate challenge, Development Bank of Namibia (DBN)

Stefanus Nashama The Development Bank of Namibia (DBN) on Wednesday signed a N$600 million concessional loan agreement with the KfW, the German Development Cooperation, to develop infrastructure to mitigate challenges presented by climate change. During the signing ceremony this week, both institutions announced that the loan will be used to develop climate-related infrastructure, such as renewable energy, water and low-carbon transport projects. The agreement follows the first credit line amounting to approximately N$240 million, which was signed between DBN and KfW in December 2018. DBN Chief Executive Officer, Martin Inkumbi said the first credit line after being successfully placed in…