info_e12wt4cs – Page 469

23 Feb

Tourism to be top performer in 2024

info_e12wt4csObserver Money

The tourism industry could potentially be one of the strongest performing sectors of the Namibian economy in 2024, according to Simonis Storm Securities. The firm said although business and conference tourism still lag behind 2019 levels, there is potential for significant growth, especially as certain hospitality establishments are poised to accommodate guests attending events such as The Africa Hospitality Investment Forum (AHIF) and the AviaDev Africa event. Organisers of the AviaDev Africa event have announced that 26 airlines have registered to participate so far, suggesting significant interest and the potential economic impact particularly in the tourism and hospitality industry. In…

23 Feb

The essence of business transformation and strategy

info_e12wt4csObserver Money

MIGNON DU PREEZ Corporate transformation and strategy are more than simply buzzwords in the rapidly evolving corporate world; they are essential to long-term success. In addition to keeping up, those that understand the value of strategic planning and transformation also lead with an unwavering vision for greatness. Business transformation is a significant movement that fundamentally alters the way organisations operate, going beyond simple adjustment. In a world where flexibility is essential, companies that embrace change gain an advantage. It involves reevaluating procedures, making intelligent use of technology, and cultivating an innovative culture. Corporate leaders are aware that this is a…

23 Feb

Airlink pays tribute to Geingob

info_e12wt4csObserver Money

Airlink is deeply saddened by the news of the unexpected passing of President Hage Geingob. “On behalf of everyone at Airlink, I extend our sincerest condolences to the late President Geingob’s family, his loved ones and Namibians everywhere, on the loss of a loyal servant of the Namibian people, a valiant fighter and committed campaigner for Namibia’s independence and self-determination, and a champion of inclusivity, democracy and constitutionally-led values,” said Rodger Foster, CEO and Managing Director of Airlink. Foster said Geingob said appreciated the airline’s sector’s role in unlocking the potential of tourism, trade, commerce and cultural ties. He saw…

23 Feb

Judiciary warns judges amidst Presidential succession debate

info_e12wt4csNational NewsJudiciary warns judges amidst Presidential succession debate

Hertta-Maria Amutenja The Namibian Judiciary has issued a stern warning to judges, to refrain from public discussions on constitutional matters outside of formal judicial contexts. Amid the recent swearing-in of Namibia’s fourth President, Nangolo Mbumba, following the untimely passing of former President Hage G. Geingob, the constitutional intricacies surrounding Mbumba’s ascension have taken centre stage, triggering legal scrutiny and public discourse. “The Namibian Constitution vests judicial authority in the Courts of the Republic. As such, it is inappropriate for Judges to publicly discuss issues relating to the interpretation of the Constitution outside of a formal judicial context,” warned, Deputy Director…

23 Feb

Nampol strengthens security ahead of Geingob’s funeral

info_e12wt4csNational News

Niël Terblanché Lieutenant General Joseph Shikongo, the Inspector General of the Namibian Police, assured both Namibians and international visitors of their safety and security ahead of the upcoming weekend during a decisive address at the Otjomuise Police Station in Windhoek. With numerous dignitaries from around the globe expected to arrive in Windhoek for the solemn occasion of laying President Hage Geingob to rest the period is particularly significant for safety and security. Shikongo’s announcement was made during the launch of a joint operation with the Windhoek City Police, aimed at amplifying police visibility throughout the capital. The General reiterated the…

23 Feb

Namibia close to compliance with anti-money laundering efforts

info_e12wt4csNational NewsNamibia has made considerable progress in its efforts to align with international anti-money laundering standards

Niël Terblanché Namibia has made considerable progress in its efforts to align with international anti-money laundering standards, successfully addressing 59 out of 72 action items. Despite this significant achievement, the country according to the Minister of Finance and Public Enterprises, Iipumbu Shiimi, stands at a crossroads, facing potential blacklisting and increased scrutiny due to the remaining 13 unresolved challenges. Since December 2022, the Namibian government has been rigorously working to meet the benchmarks set by the Eastern and Southern African Anti-Money Laundering Group (ESAAMLG) and the Financial Action Task Force (FATF), a global body monitoring money laundering and terrorist financing.…

23 Feb

The President championed the energy sector – Shino

info_e12wt4csNational NewsThe President championed the energy sector - Shino

Martin Endjala Petroleum Commissioner of the Ministry of Mines and Energy, Maggy Shino, remembered President Hage Geingob as an energy champion who did not hide his aggressive ambitions for the development of energy production in Namibia during his tenure. “My last memory of President Geingob’s involvement with the petroleum industry was at the Africa Energy Week in October last year. In his address, he clearly articulated Namibia’s energy ambitions,” said Shino. She described the late President as a remarkable leader who dedicated his life to serving the nation with integrity, compassion and dedication. She extended her condolence to former First…

23 Feb

TVET sector calls for emulation of Geingob’s legacy

info_e12wt4csNational NewsTVET sector calls for emulation of Geingob’s legacy

Martin Endjala President Hage Geingob is hailed as a man of institutions and systems and as a result, the Chairperson of the Association of Technical and Vocational Education Training Institutions in Namibia (ATVETIN) Regina Ambambi, is calling on Namibians to emulate his legacy by using the systems he has established to improve lives.In her tribute to the late Head of State, she said that the late President was a staunch advocate of institutions, systems, and processes, as they form the crucial pillars of a successful and prosperous Namibian nation. “His ideologies are profound and have the potential to guide us,…

23 Feb

Geingob leaves State Account in positive position- Shivute

info_e12wt4csMainGeingob leaves State Account in positive position- Shivute

Martin Endjala Namibia Revenue Agency (NamRA) Commissioner Sam Shivute, said that the late President Hage Geingob has left the state account in a positive position with billions of dollars, compared to how he found it. Shivute who this week paid tribute to the statesman, said there was a time in the past when the State account used to be in overdraft, but now with improved revenue collection and a call for prudent spending, the situation has improved a lot. “President Geingob was faced with the difficult task of improving the fiscal position through fiscal consolidation by cutting unnecessary spending, however,…

22 Feb

Geingob remembered as a pillar of Namibian liberty and peace

info_e12wt4csNational News

Niël Terblanché A touching tribute during a candlelight vigil at the Omafo Business Expo in Helao Nafidi, unfolded as Charles Namoloh, former Minister of Defence, solemnly commemorated President Hage Geingob. Describing him as one of Namibia's most selfless leaders, Namoloh's homage brought to light the depth of Geingob's sacrifices and his relentless dedication to the welfare of the nation. Namoloh, with a tone of reverence, recounted President Geingob's unparalleled commitment to education and his tireless efforts to harness opportunities for the collective upliftment of all Namibians. "President Geingob was a beacon of hope and a warrior for justice," he reflected,…