Observer

8150 Posts
OGF calls for serious recalibration on genocide, reparation question

OGF calls for serious recalibration on genocide, reparation question

Staff Wrter Ovambanderu, Ovaherero and Nama descendants must use sacred days, such as 12 August, which is the day of the beginning of the war of resistance against Imperial Germany at Ohamakari in 1904 to reflect on their journey this far. The Battle of Ohamakari will be commemorated this weekend in Okakarara, 118 years after. The Ovaherero and Ovambanderu Genocide Foundation (OGF) Interim Chairperson, Mbakumua Hengari, says in statement to mark and observe the day that it must be the beginning of a serious reflection by the descendants of genocide. This is to chart the way forward in view of…
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Namibia records high trade shortfalls

Namibia records high trade shortfalls

Staff writer Namibia recorded a trade deficit in each month so far this year, averaging a monthly trade deficit of N$3.4 billion.Simonis Storm Securities economist Theo Klein says the shortfall would not only have a negative impact on the 2022 GDP calculation based on the expenditure approach, but it would also contribute to a worsening current account balance.“Indeed, preliminary figures from Bank of Namibia (BoN) show a current account deficit of N$7.3 billion in the first quarter of 2022 compared to a deficit of N$3.4 billion in the first quarter of 2021. BoN expects foreign currency reserves to decrease by…
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Venaani, PM in housing tussle

Venaani, PM in housing tussle

Martin Endjala Popular Democratic Movement leader, McHenry Venaani has questioned Prime Minister Saara Kuugongelwa-Amadhila’s response to the 891 houses that remain unoccupied. The Prime Minister cited court challenges for the delay in the allocation of the houses, when addressing a Swapo campaign rally at Swakopmund at the weekend. However, Venaani refused to accept this as an excuse, saying government should look at alternatives to resolve the hold-up while the court dispute is ongoing. He suggested that a new contractor be brought in to complete the houses in view of the pressing housing backlog. “The Prime Minister has said nothing, I…
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Commonwealth parliaments urged to digitize

Commonwealth parliaments urged to digitize

Martin Endjala The Society of Clerk-At The Table standing committee has been urged to quickly move in implementing the digitalization project of parliaments across the Commonwealth countries in Africa in order to keep pace with global trends. National Council MP Gerhard Shiimi made this call during the last day of SOCATT seminar held in Windhoek last week. “Now is the time to invest in ICT infrastructures, it is a technological imperative that cannot be avoided nor ignored. It must not only be of good intention but it must be executed,” Shiimi stated. He went on to appeal to SOCATT to…
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US tourist couple robbed of priceless goods

US tourist couple robbed of priceless goods

Tujoromajo Kasuto A tourist couple has posted a 17 000 Namibia dollar reward for the recovery of their priceless photographic material of the Namibian scenery that was robbed on July 12, at the APS Guesthouse where they resided. A couple of tourists from the United States were robbed at the APS Guesthouse. The stolen Tamrac camera backpack contained professional camera equipment, including Nikon D850, three Nikon lenses, a GoPro Hero 5, a SB900 flash, transmitter and receiver, 500 US dollars in cash, memory cards, a Peruvian and a USA passport, plus other personal items. The approximate value of everything is…
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Trevali secures N$1.8 billion funding for Rosh Pinah Mine expansion

Trevali secures N$1.8 billion funding for Rosh Pinah Mine expansion

Tujoromajo Kasuto Trevali Mining has received credit approval from Standard Bank Namibia and Standard Bank of South Africa for a N$1.86 billion (US$110 million) to fund the expansion of the Company’s Rosh Pinah Mine in Namibia. “Project financing for the Rosh Pinah expansion has been steadily progressing for the past several months, and we are pleased to report the confidence in the Rosh Pinah operation and expansion that is reflected by Standard Bank’s credit approval and strong endorsement of the RP2.0 project,” says Ricus Grimbeek, President and Chief Executive Officer (CEO) of Trevali. “The expansion at Rosh Pinah is the…
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Defamation judgements should serve as lessons

Defamation judgements should serve as lessons

Tujoromajo Kasuto RENOWNED High Court Judge Thomas Masuku in a judgement delivered today in a defamation of character case, reprimanded that court judgments are not only for the sued participants but also for members of the public to wisely embrace any lessons, directions freely offered to them and identify behaviour, actions, or conduct on their part worth ceasing or shunning. He said that prior defamation cases and judgement ‘’have either fallen by the wayside or, at worst, been eaten by the birds of the air,’’ similar to the parable of the sower in the Bible. Masuku observes that the judgments…
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Grootfontein hospital x-ray<br>machine out of service 24 months

Grootfontein hospital x-ray
machine out of service 24 months

The x-ray machine at the Grootfoontein State Hospital has been not been functioning for more than 20 months, forcing patients to be transferred to Tsumeb in the Oshikoto Region for radiography services. Timoteus Gebhardo, regional health director of Otjozondjupa, confirmed that the machine has been out of service, saying that the hospital is addressing the problem. “It is indeed true that Grootfontein x- ray machine is not functional since last year, it’s going to be two years in December. It’s really a burden to us. I understand that the machine was ordered from overseas and was supposed to have arrived…
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Namfisa regulated entities experienced growth dips

Namfisa regulated entities experienced growth dips

Tujoromajo Kasuto THE Namibia Financial Institutions Supervisory Authority (Namfisa) regulated 599 entities with total assets worth N$368.6 billion during the first quarter of 2022, shows a 0.5% decrease from the asset value of N$370.6 billion recorded at the end of the fourth quarter of 2021. This is contained in the Namfisa Quarterly Statistical Report for the first quarter of 2022, released yesterday. The report provides industry statistics, the latest industry trends and developments and also information regarding Namfisa’s regulatory and supervisory activities during the quarter under review. According to the report, ‘’the non-banking financial institutions assets increased annually by 8…
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Connect Africa wins big at OM SEED

Connect Africa wins big at OM SEED

Martin Endjala An App designed to help visual and hearing impaired persons scooped the cash prize of N$50 000 at last night’s Old Mutual OM SEED pitch held in Windhoek. The Connect Africa App that started last year has the ability to translate written words, pictures via phone scan into voice/sound readable in both English and local languages. Through the Old Mutual Sustainable, Economic & Empowerment Drive (OM SEED) initiative, Old Mutual Namibia along with Launch Namibia, the Financial Literacy Initiative (FLI) and the United Nations Development Programme (UNDP) Accelerator Lab, awarded three entrepreneurs from Windhoek N$85 000. During the…
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