info_e12wt4cs – Page 492

15 Feb

He was not the Geingob I knew when I visited him in his last days – Kapofi

info_e12wt4csMainHe was not the Geingob I knew whenI visited him in his last days – Kapofi

Stefanus Nashama Frans Kapofi, the Minister of Defence and Veterans Affairs, says he was shaken and distressed when he visited President Hage Geingob in his last days because the Head of State was not the comrade he had known for years. “In his last days, I had the privilege to visit him and we spent about two hours discussing all sorts of things while watching his favourite sport, football. When I left, I was a bit shaken because this was not the comrade Geingob I had gotten to know,” said Kapofi. The minister was speaking at the memorial service of…

15 Feb

Armed robbery leaves Windhoek residents in shock

info_e12wt4csNational News

Niël Terblanché A brazen cash-in-transit heist that unfolded at the Grove Mall in Windhoek on Wednesday morning, left the city’s residents in disbelief. A group of five robbers, armed with pistols and an AK47 assault rifle, made off with N$305,987 during the daring cash-in-transit robbery. According to the incident report provided by the Public Relations division of the Namibian Police, the daring robbery took place when three employees employed by Namibia Protection Services were collecting cash from various retail outlets situated in the mall “The three guards started collecting money from the various shops at about 08h00 and at about…

15 Feb

Taxi boss’s claim against government balloons to more than half a billion dollars

info_e12wt4csNational News

Stefanus Nashama Werner Januarie, the President of the Namibia Transport and Taxi Union (NTTU), has written to the Popular Democratic Movement’s McHenry Venaani and the Republican Party’s Henk Mudge to help him sue the government for N$522 million. According to court documents, Januarie has previously sought damages amounting to N$74 million, however, in the letter, he stated that amongst other things, the lawsuit of N$74 million has ballooned to N$522 million in the appeal he registered as SA 82/ 2023. In the letters to the various political leaders, Januarie expressed disappointment in the Namibian judicial system. “As a union, we…

14 Feb

Namibia remains on high alert amidst cholera crisis

info_e12wt4csNational NewsNamibia remains on high alert amidst cholera crisis

Niël Terblanché As the cholera crisis intensifies across the African continent, claiming over 4,419 lives and affecting more than 266,000 individuals in the past year, Namibia remains on high alert. The Ministry of Health and Social Service recently confirmed that it is bolstering its disease surveillance and precautionary measures, responding proactively to the outbreak ravaging the populations of neighbouring nations. The African Centers for Disease Control and Prevention (CDC) reported a significant burden of the outbreak in the Democratic Republic of the Congo (DRC), accounting for over 16 percent of the continent’s cholera cases. Concurrently, the DRC has been the…

14 Feb

NBL accelerates commitment to reach zero emissions by 2030

info_e12wt4csNational NewsNBL accelerates commitment to reach zero emissions by 2030

Martin Endjala Namibia Breweries Limited (NBL), a pioneer in sustainable manufacturing, has accelerated its sustainability efforts by committing to reach zero emissions across its operations by 2030. This science-based target, a decade ahead of the Paris Agreement climate goal, will be realised through a comprehensive strategy that emphasises increased renewable energy usage, enhanced energy efficiency, emission reduction across NBL’s value chain, and the implementation of innovative low-carbon technologies, and nature-based solutions. According to NBL Managing Director, Peter Simons, this net-zero commitment signifies a monumental leap in NBL’s sustainability journey as part of Brew a Better World 2030 strategy. “Climate change…

14 Feb

Repo rate remains unchanged

info_e12wt4csNational NewsRepo rate remains unchanged

Martin Endjala In a move to justify its decision to maintain the repo rate at 7.75 percent, a level kept since June 2023, the Governor of the Bank of Namibia (BoN), Johannes !Gawaxab said that despite many wanting the central bank to reduce the repo rate, the benefits outweigh the costs. Most monitored central banks kept their policy rates unchanged at their most recent monetary policy meetings, mainly due to easing inflation and the moderation in growth. The BoN Governor was responding to questions posed to him during the announcement of the repo rate as to why it remains unchanged.…

14 Feb

“A big tree has fallen” – Simataa

info_e12wt4csNational NewsSimataa remembers the legacy of Geingob

Niël Terblanché In a heartfelt tribute George Simataa, Secretary to the Cabinet, honoured the indelible legacy of Geingob, whose recent passing has left a profound void in the heart of the nation and the African continent. Simataa’s eulogy, delivered with a mix of sorrow and reverence, painted a vivid picture of a leader whose life was dedicated to the upliftment and unity of the Namibian people and the broader African cause. Simataa remembered Geingob, as a “big tree” under whose shade many found refuge, and was a stalwart of development, unity, and the fight against poverty. “His sudden silence has…

14 Feb

Vehicle sales surge in January

info_e12wt4csObserver Money

Martin Endjala The beginning of 2024 has witnessed a significant uptick in vehicle sales, achieving the highest January figures since 2016. A total of 1,369 vehicles were sold, with 950 of these being new units. This marks a notable increase of 13.0 percent from December's 841 units and a 17.7 percent increase from January of the previous year, where 807 units were sold. A report from Simonis Storm Securities highlights this consistent growth, projecting an optimistic outlook for vehicle sales in 2024. The data reveals that rental agencies contributed to this surge by purchasing 41 vehicles, including a mix of…

14 Feb

Bank Windhoek’s Board welcomes Alders-Sheya

info_e12wt4csObserver Money

Erasmus Shalihaxwe Bank Windhoek Board of Directors, Chairperson Johan Swanepoel, has yesterday announced the appointment of Justina Alders-Sheya as a member of the Board effective Monday, 12 February 2024. Swanepoel said Alders-Sheya is a highly accomplished Namibian professional with an impressive background in the financial sector. “She has over 20 years of international experience in the financial services sector, particularly in Banking, Corporate Finance and Asset Management,” Swanepoel said. Adding that Alders-Sheya has held key positions at renowned institutions such as Triodos Bank Group in the Netherlands, EY and ING Group in Amsterdam. Apart from her working experience, Alders-Sheya holds…

14 Feb

Urban Informality: The Kasi Does It Best

info_e12wt4csOpinions

Urban informality, often depicted as a hindrance to progress, is in fact a multifaceted phenomenon with untapped potential to foster inclusive urban development. Urban informality encompasses economic, social, and residential activities operating outside formal regulatory frameworks in urban areas, such as informal settlements, unregistered businesses, and street vending. By critically examining prevailing narratives and embracing the complexity of informality, we can unlock its transformative power and pave the way towards more equitable cities. The Fallacy of Top-Down Approaches Traditional approaches to urban informality, characterised by top-down interventions and punitive measures, have perpetuated cycles of marginalisation and exclusion. From forced evictions…