Observer – Page 566 – Windhoek Observer

10 Aug

Jane Katjavivi praised for her nobleness

ObserverNational NewsMadam Jane Katjavivi, National Assembly Speaker Peter Katjavivi, president Hage Geingob

Martin Endjala The National Assembly Speaker Peter Katjavivi’s late wife, Jane Katjavivi who died yesterday morning at the age of 70, has been praised for her nobleness and for her willingness to assist those in need and for having contributed greatly to the development of the country. “Jane will be sorely missed by many of us for her gentle demeanour and willingness to offer assistance to those in need,” these were the sentiments of President Hage Geingob in his condolence message yesterday. Geingob sympathized with the family saying that he has learned with sadness of the death of Madam Jane…

10 Aug

Lack of traffic knowledge cause of crashes

ObserverNational NewsLack of traffic knowledge cause of crashes, Motor Vehicle Accident Fund (MVA), The Zambezi Region

Martin Endjala The Zambezi Region is regarded as one of the lowest vehicle accident regions in the country, contributing three percent of total crashes (1,729) for the period January to July 2022. However, the data indicates that many people in the region remain vulnerable to road crashes due to a lack of understanding. According to the Motor Vehicle Accident Fund (MVA) statement issued yesterday, the MVA is currently conducting a week-long Road Safety Awareness Campaign in the Zambezi Region which commenced on 8 August and will run until Friday, 12 August. The campaign is aimed at the continuous promotion of…

10 Aug

Institutional decision sends students home over WIFI devices

ObserverNational NewsStudents at Namibia College of Open Learning (Namcol) in Otjiwarongo, Students at Namibia College of Open Learning (Namcol) in Otjiwarongo were barred from attending classes on Monday after failing to pay for pocket WIFI devices., Telecom Namibia for N$ 1.4 million

Staff Writer Students at Namibia College of Open Learning (Namcol) in Otjiwarongo were barred from attending classes on Monday after failing to pay for pocket WIFI devices. The students were allegedly sent home after management decided to suspend their attendance if they did not pay for the devices. Namcol Director, Heroldt Murangi, stated that it was unfair to allow some students to pay while others did not simply because they were running to the media. “We then after decided to take a decision that we would inform the students that they will be suspended from the classes until they pay…

10 Aug

CRAN about SIM registration positives

ObserverObserver MoneyCRAN about SIM registration positives, Namibia identified by Communications Regulatory Authority of Namibia (CRAN), SIM card registration

CHAMWE KAIRA Critical sectors at risk of cybercrimes in Namibia identified by Communications Regulatory Authority of Namibia (CRAN) include energy, communications, data centres, finance, transport, water and government administration. CRAN is in the middle of enforcing a mandatory SIM Card Registration in the country and has cited cybercrimes as one of the many reasons why SIM cards must be registered. CRAN CEO, Emilia Nghikembua points out that the use of mobile phones delivers significant economic and social benefits and plays a key role in enabling digital inclusion and delivering social benefits. But on the other hand, she argues that mobile…

10 Aug

Central bank to provide FinTech guidance

ObserverObserver MoneyCentral bank to provide FinTech guidance, Director of Strategic Communications and International Relations, Kazembire Zemburuka

Chamwe Kaira The Bank of Namibia has come up with a regulatory framework to provide guidance on how the bank will treat financial technology (FinTech) innovations that are not covered under the bank’s existing regulations. “The regulatory framework provides a step-by-step analytical framework to identify whether an innovation qualifies as a FinTech innovation followed by a phased approach to understand, evaluate and test the innovation before the regulatory outcome on the innovation can be determined,” says Kazembire Zemburuka, Director of Strategic Communications and International Relations. The Fintech Africa Summit held in March concluded that the impact of financial technology (FinTech)…

10 Aug

NamRA to enhance compliance and enforcement

ObserverObserver MoneyNamRA to enhance compliance and enforcement, Steven Ndorokaze, Taxpayer/Trader Appreciation Day

CHAMWE KAIRA Sixteen months since its inception, the Namibia Revenue Agency’s major highlight has been surpassing the revenue target for the first financial year by N$3.5 billion. The revenue is for the period April 2021 to July 2022. NamRA’s Chief of Strategic Communications and Support Engagements, Steven Ndorokaze says that the recruitment process, which involves absorbing the staff seconded from the Ministry of Finance has gained significant momentum and has added to the agency’s revenue target. “Lot of work was also done to ensure that our systems are compatible with demands of the time, while assessing the various processes to…

10 Aug

Old Mutual looks at impact of Covid 19

ObserverObserver MoneyManaging Director of Old Mutual Short-Term Insurance, Market Conduct Policy, Old Mutual looks at impact of Covid 19, Riaan Vermeulen

CHAMWE KAIRA Covid-19 had a major negative impact on businesses in Namibia, including on the short term insurance industry. Riaan Vermeulen, Managing Director of Old Mutual Short-Term Insurance explains to the Windhoek Observer that not all their clients had the relevant cover for Business Interruption caused by Infectious Diseases. “It is therefore impossible to quantify the full impact on our customers though it is safe to say it was severe,” explains Vermeulen. Commenting on the move by Old Mutual to pay out its customers despite the tough economic environment, Vermeulen explains that Old Mutual’s position has always been to accept…

10 Aug

Businesses recovery from pandemic to take time

ObserverObserver MoneyBusinesses recovery from pandemic to take time, Jerome Mutumba, Marketing and Corporate Communication

CHAMWE KAIRA Businesses are slowly recovering from the losses brought about by disruptions from the Covid -19 pandemic lockdowns. The Development Bank of Namibia believes that the recovery process will still take time before businesses start to operate at normal levels. Head of Marketing and Corporate Communication, Jerome Mutumba notes that the debt servicing is still one area that a number of businesses are yet comfortably able to deal with, but some are slowly getting there. “Regrettably, there are businesses that simply had to shut down for good, and the only option for lenders to such business is liquidation of…

10 Aug

LPM lists Swapo leaders ‘guilty’ of hate speech

ObserverNational NewsHenny Seibeb, Katrina Hans-Himwara, LPM lists Swapo leaders ‘guilty’ of hate speech, LPM media conference held in Swakopmund, retired NDF Lieutenant General Martin Shalli, Swapo politburo member

Martin Endjala The Landless People’s Movement has listed names of politicians who should be charged for hate speech. The party said targeted sanctions should be imposed of these individuals by international human rights bodies.LPM’s deputy leader Henny Seibeb made this revelation today at the LPM media conference held in Swakopmund. He said they have been compiling a list of hate speech transgressors since 2020 and will be handing over these names to the African Union and the United Nations human rights governing body, with an intention to impose sanctions against the individuals involved. Among the listed names are the Swapo…

10 Aug

City to start with housing unit in informal areas

ObserverNational News400 houses, City of Windhoek (CoW), National Housing Enterprise (NHE)

Tujoromajo Kasuto The National Housing Enterprise (NHE) has called on Windhoek residents living in the informal areas to register for the construction of affordable houses, on Saturday, 13 August 2022. The Informal Settlement Upgrading project is an initiative of the Minister of Urban and Rural Development, Erastus Uutoni, in conjunction with the City of Windhoek (COW), NHE and the Khomas Regional Council. The initiative has constructed close to 400 houses since its inception in 2020. The NHE team will be stationed at Stop and Shop in Okuryangava, Katutura, from 08h00 to 12h00. According to NHE spokesperson Tuafi Shafombabi prospective clients…