Observer – Page 544 – Windhoek Observer

03 Feb

Namibia to highlight investment opportunities

ObserverNational NewsAfrican Mining Indaba, Namibia to highlight investment opportunities, Tom Alweendo

Staff Writer The Ministry of Mines and Energy says that Namibia will be showcasing the country’s investment opportunities in the mining sector at the 2023 Invest in African Mining Indaba, which will be taking place in Cape Town, South Africa from 6th to 9th February 2023. In its 28th year, this premier event brings together industry leaders, investors, and government representatives to discuss the future of Africa’s mining sector. “The Invest in African Mining Indaba presents a unique opportunity for Namibia to exhibit her investment prospects in the mining sector to a worldwide audience, while amplifying our commitment to sustainable…

03 Feb

Learners from Germany indulge Namibian fellows

ObserverNational Newse St. Barnabas Primary School in Katutura, Learners from Germany indulge Namibian fellows

Staff Writer Wednesday was a fun day of sort at the St. Barnabas Primary School in Katutura in the Katutura Central Constituency of Namibia’s Khomas Region. As learners of the school mingled with 14 of their fellow learners from the friendly twinning Theodor-Heuss Gymnasium (THG) from Aachen, Germany, a spa city near Germany’s borders with Belgium and the Netherlands. It is for the fourth time that the learners are visiting St. Barnabas to continue a relationship dating back to 2012, and which has been going from strength to strength. This year’s visit by some THG’s teachers, management members, and Grade…

02 Feb

Don’t ask me about phones- Nghipondoka

ObserverNational NewsAnna Nghipondoka, Don’t ask me about phones- Nghipondoka, r Henny Seibeb

Staff Writer The Minister of Education, Arts and Culture, Anna Nghipondoka said she will not be discussing matters related to parliamentarians receiving iPhones. “Do not ask me about phones I am not aware of phones being given to parliamentarians,” she said when contacted for comment. Not too long ago Nghipondoka made headlines when she addressed stakeholders during the official announcement of Grade 11 and 12 results at Eenhana, where she questioned why teachers were unable to buy laptops for themselves. Ironically, the minister will be among the MPs to receive gadgets, under the guise that MPs cannot afford to buy…

02 Feb

MEFT receives firefighting machines from Old Mutual

ObserverNational NewsMEFT receives firefighting machines from Old Mutual, Old Mutual Foundation

Martin Endjala Following recent veld fire reports in the country, the Old Mutual Foundation has donated firefighting equipment valued at N$145 000 to the Ministry of Environment, Forestry and Tourism(MEFT) in support of extinguishing veld fires. The fires are reported to be seasonal during the months of July and October. After engagements with the ministry, the Old Mutual Foundation says it partnered with AGRA Limited and sponsored five firefighting machines to assist the regions where veld fires tend to occur. AGRA offered a total discount on the five machines to the value of N$40 000. “What we have witnessed in…

02 Feb

Rundu San learners get temporary make-shift classes

ObserverNational Newse Siguruguru village, Rundu San learners get temporary make-shift classes

Martin Endjala A collective effort by community members of the Siguruguru village saw three temporary structures made out of corrugated iron sheets erected this week, aimed at accommodating San learners who were stranded. The Satellite school is however still in need of ablution facilities. The Siguruguru village san community has been without access to education for quite some years now and through the Rundu council, community members expressed their concerns and collectively came together to erect structures for the san learners. According to the Rundu constituency councilor Paulus Mbangu, the council upon hearing this pushed for the satellite school to…

02 Feb

Retirement funds assets dip in the third quarter of 2022

ObserverNational NewsNamfisa Quarterly Statistical Report, Retirement funds assets dip in the third quarter of 2022

Tujoromajo Kasuto Namfisa Quarterly Statistical Report says that the value of retirement fund assets decreased during the third quarter of 2022 on both a quarterly and annual basis. The authority notes that the quarterly decline in investments is mostly reflected in the negative performances in equity and debt markets due to inflationary and interest rate pressure. Additionally, the report reveals that the geographical allocation of investments also changed during the quarter. “Investments held in the CMA and Africa regions decreased to 19.5 percent and the industry’s domestic investment holdings decreased to 50.6 percent and remained in line with the 45.0…

Stark decline in business<br>registrations – BIPA

01 Feb

Stark decline in business
registrations – BIPA

ObserverNational NewsBIPA Chief Executive Officer Vivienne Katjiuongua, Stark decline in business registrations - BIPA

Martin Endjala The Business Intellectual Property Authority (BIPA) has recorded an overall decline of business registration by 7.3 percent compared to the 2021 calendar year. According to BIPA Chief Executive Officer Vivienne Katjiuongua, BIPA recorded a total 12 666 registrations on its business register for the period of January to December 2022, of which 11 130 are Close Corporations (CC’s) and 1 153 are Companies. She says 318 registrations were for Section 21 Companies (Associations Not For Gain), 49 were defensive names and 16 were foreign companies. This number Katjiuongua said, shows a decline by 7.3 percent from the same…

01 Feb

Omusati flood water still manageable says Governor

ObserverNational NewsErginus Endjala, Governor of Omusati region, Omusati flood water still manageable says Governor

Martin Endjala The Governor of Omusati region, Erginus Endjala says that the current water flow in the region is not yet at an extreme flood level and is manageable. According to Endjala, water pans in the region are however at full capacity due to rainfall received, causing water to flood a few areas the region. Endjala added that those affected by the flood are residents who set up structures at flood prone areas like oshanas. The governor however, cautioned the public to not panic as continuous monitoring of water levels is carried out on a daily basis, with the help…

01 Feb

N$1.4 billion for seed improvement program

ObserverNational NewsN$1.4 billion for seed improvement program, N$1.4 billion Namibia Mechanisation and Seed Improvement Program (NAMSIP)

Tujoromajo Kasuto The implementation of the N$1.4 billion Namibia Mechanisation and Seed Improvement Program (NAMSIP) is set to bring about improved productivity and modernization of agricultural activity through scaled-up deployment of ploughing services and better seeds. According to the Minister of Agriculture, Water and Land Reform, Carl Schlettwein, this is alongside the N$380.1 million Livestock Support Program funded by the European Union. He says the product and post-resettlement financing facilities by AgriBank, are a series of value chain development schemes for cereal, horticulture, poultry, milk, small stock and beef across the country. Schlettwein says that any development, agronomic or otherwise,…

Reduction in road accidents<br>during festive season

01 Feb

Reduction in road accidents
during festive season

ObserverNational NewsMotor Vehicle Accident Fund (MVA), Oshana, Otjozondjupa and Oshikoto, Reduction in road accidents during festive season

Martin Endjala Motor vehicle accidents and injuries related have reduced with 14.4 percent and 17.5 percent respectively, while fatalities have reduced by 42.2 percent compared to the previous festive season road safety campaign period. This is according to the latest 2022/23 festive season road safety report of the Motor Vehicle Accident Fund (MVA). Namibia recorded 403 road crashes in 2022, compared to 471 in 2021. The fund revealed that injuries stood at 766 in 2022 and 928 in 2021, while fatalities stood at 67 in 2022 and 116 in 2021. In addition to this, Oshana,Otjozondjupa and Oshikoto recorded the most…