Observer – Page 574 – Windhoek Observer

22 Jul

Namfisa learnt from FIMA fiasco

ObserverNational NewsFinancial Institutions and Markets Act (FIMA), Matomola, Namfisa Chief Executive Officer Kenneth Matomola, Namfisa learnt from FIMA fiasco

Tujoromajo Kasuto After massive national backlash from affected stakeholders of the Financial Institutions and Markets Act (FIMA) pension preservation regulation, the new strategic plan for the Namibia Financial Institutions Supervisory Authority (NAMFISA) will focus primarily on three overarching themes that will drive the organisational strategy, namely Stakeholder Engagement, Operational efficiency, and Innovation. According to Namfisa Chief Executive Officer Kenneth Matomola, the new plan also aims to have more grass root level engagements and the postponement of the implementation amid intense pressure from various stakeholders to drop the contentious clause on compulsory preservation of retirement benefits will have no effect on…

22 Jul

Mootu wants sports to be professionalised

ObserverNational NewsLandless People’s Movement member of Parliament Utaara Mootu, Ministry of Sport, Mootu wants sports to be professionalised

Martin Endjala Landless People’s Movement member of Parliament Utaara Mootu is calling on the government to professionalise sport in Namibia to improve the standard of athletes in the country for them to perform at the highest levels. Mootu says the country has an abundance of talent but the lack of well-structured scouting programs to discover youngsters across the country. She says LPM in its manifesto has a scouting program in place that will soon start looking for such talent in the country. She calls for more funds to be allocated to the Ministry of Sport, Youth and National Service to…

21 Jul

NSFAF: AG misrepresented facts …..uproar over N$148 million accountability

ObserverNational NewsActing Chief Executive Officer (CEO), Auditor General (AG), Kennedy Kanduma, Namibia Student Financial Assistance Fund (NSFAF), NSFAF: AG misrepresented facts …..uproar over N$148 million accountability

Obrein Simasiku The Auditor General (AG) misrepresented facts, says the Namibia Student Financial Assistance Fund (NSFAF), in retaliation to reports that about N$148 million in student funding at various tertiary institutions is unaccounted for. "We have it on record during our engagements with AG before the finalisation of the report in which we objected to some things, and we tried to put our inputs in it. However it seems the AG had his own version using his discretion based on powers vested in him. We are not disputing the report or what is contained [therein], but our facts were either…

21 Jul

Achievement of development goals depend on quality data

ObserverNational NewsAchievement of development goals depend on quality data, Data Management Systems and Skilled Statisticians in the NSS, Namibia Statistics Agency (NSA) Sustainable Development, SDGs Baseline Report

Tujoromajo Kasuto The Namibia Statistics Agency (NSA) Sustainable Development Goals Indicator Framework report reveals that the absence of data management systems and skilled statisticians in the National Statistical System (NSS) remain a serious challenge in ensuring that data requested from data providers in the NSS is submitted in a timely and accurate manner. Thus, NSA is working towards the implementation of Data Management Systems and Skilled Statisticians in the NSS, which is the ensemble of statistical organizations and units within a country that jointly produce statistics on behalf of the national government. Prime Minister Saara Kuugongelwa-Amadhila, today at the launch…

21 Jul

LPM launches youth development strategy

ObserverNational NewsIntegrated Youth Development Strategy (IYDS), Landless People’s Movement Youth Command Element, LPM launches youth development strategy, LPMYCE leader Duminga Ndala, Utara Mootu

Martin Endjala The Landless People’s Movement Youth Command Element will be launching a Comprehensive Integrated Youth Development Strategy aimed at enhancing the ability of young people to access opportunities and meaningfully participate in the broader economy. This is in response to the prevailing triple challenges of unemployment, poverty and inequality especially among young people, who remain the biggest impediment to the economic emancipation of young people in Namibia. “The high unemployment rate especially among young people is not just numbers but an expression of the real conditions of the life our people are confronted with. Currently youth unemployment stands at…

21 Jul

Ruacana Town Council HR a mess

ObserverNational NewsAuditor General Junius Kandjeke, Ruacana Town Council's Human Resource (HR)

Obrein Simasiku The Ruacana Town Council's Human Resource (HR) is in a mess, with a poor filing system, as well as failure to prepare salary advises and staff records, the Auditor General Junius Kandjeke said, as he gave qualified audit opinion to the local authority for the financial year 2019/20. Meanwhile for the year 2018/19 council got an adverse opinion for misstatement of its finances. "The HR documents are not filed properly in the personnel files of respective staff members. Generally, the filing system is poor and not easily traceable. Also the department does not make advises for any changes…

21 Jul

LPM councils fund students

ObserverNational NewsLandless People’s Movement, LPM councils fund students, LPM Youth League Command Leader Duminga Ndala

Martin Endjala The Landless People’s Movement as part of its commitment to free quality education and well-resourced education, have announced a sponsorship for students in regions that it controls to the tune of N$400 000 and have also set aside about N$1.2 million towards tertiary education. The money was paid for registration and tuition fees for students in the region in the two southern regions it governs. This was confirmed by the LPM Youth League Command Leader Duminga Ndala during a press conference today in Windhoek.N$50 000 have so far been spent for tuition fees for students registered with higher…

21 Jul

Namibia losses 20 percent of forest in 30 years.

ObserverNational NewsMinister of Environment, Namibia losses 20 percent of forest in 30 years., Pohamba Shifeta, Shifeta in ‘love triangle’ …Swapo District Coordinator wants him out

Staff Writer Pohamba Shifeta, Minister of Environment, Forestry and Tourism, says Namibia has lost nearly 20 percent of its forests area during the last 30 years. According to Shifeta the lost of forest is a result of unsustainable use of resources. He said this today during a national conference titled: The Future of Namibia’s Forests – Sustainable Forest Management as Key to Unlock Its Potential. He says Namibia is taking concrete steps to mitigate the effects of climate change. “With only eight years remaining to reach our 2030 target as set out in the revised ‘Nationally Determined Contribution (NDC), Namibia…

20 Jul

Paratus lost millions in CoW bullying

ObserverNational NewsBarney Harmse, Paratus lost millions in CoW bullying, Supreme Court against the City of Windhoek

Obrein Simasiku Paratus Telecom has welcomed the outcome of their appeal in the Supreme Court against the City of Windhoek, which allows them now to continue with digging trenches and installing their fibre cables around the city for connectivity. "We have been doing things right from the beginning, and we have never been wrong. We are happy the rule of law has prevailed, despite intimidations and after having lost out on millions of dollars for the past years that our work was being interrupted. We have won both cases since the start from the High Court, and this signifies our…

20 Jul

Municipal bus fares to increase

ObserverNational News2022/23 financial year., City of Windhoek, Municipal bus fares to increase

Martin Endjala The City of Windhoek has announced that it will be increasing its municipal bus fares effective from the 1st August 2022 in line with the government gazette 7843 N258-286 and the city of Windhoek tariffs for the 2022/23 financial year. This was confirmed by the administrative officer and acting accountant financial and administrative officer at the department of Urban and Transport Planning Anneline Gases today in conversations with Windhoek Observer. Smart card fare is expected to increase from its current N$7.50 by N$1.00, which translate into N$8.50 per trip. While Cash fare is expected to increase from its…