Observer – Page 708 – Windhoek Observer

03 Feb

Understand banking fees to save money

ObserverUncategorisedBank Windhoek

Hayley Allen To help customers succeed in their financial goals this year, Bank Windhoek urges them to understand their banking fees to avoid unnecessary charges and penalties. Customers who understand their banking fees can learn to manage their accounts effectively and save money in the process. Bank fees refer to any compulsory charges by financial institutions on the personal and business accounts of customers utilised for the set-up, maintenance, and transactional services related to the account. The bank may charge these fees annually, monthly, or on a pay-as-you-use basis. To help customers better understand banking fees and save money, below…

03 Feb

President denies systematic corruption in Namibia

ObserverObserver MoneyNamibia, president Hage Geingob

Andrew Kathindi President Hage Geingob insists corruption in Namibia is not a systemic problem, but rather a result of some corrupt officials. The President remarked at the official opening of Cabinet this year. “I believe that corruption is not systemic in Namibia, but perceptions have been created that Namibia is a corrupt society. Although corruption is not systemic in Namibia, we recognise that some corrupt officials have tainted the name of our country. It is therefore important for all citizens to emphasise that corruption in any form, e.g. kickbacks, or percentage commission for the amount of a contract, is unacceptable,”…

03 Feb

Theft tops Namibia’s crime offences…as murder and rape remain a concern

ObserverObserver MoneyCovid-19, Namibian Correctional Service

Andrew Kathindi Theft and traffic fines top criminal offenses committed countrywide since last March, the Namibian Correctional Service (NCS) has revealed. Altogether 524 theft offences were committed by inmates admitted into correctional facilities from March 2020- January 2021, while 345 traffic offenses were committed during the period under review. “It is interesting to note that theft (which is classified as an economic offence) was the most common offence with 524 offenders incarcerated for that offence,” Commissioner Meunajo Tjiroze, Directorate Reintegration in the NCS told Windhoek Observer. She added, “The second most occurring offence is stock theft (which is classified as…

02 Feb

Women entrepreneurship initiative kicks off

ObserverUncategorisedBank Windhoek, Katuka Mentorship Programme

Staff Writer Forty-eight mentors and mentees will officially kick off this year’s Katuka Mentorship Programme in Windhoek. Well-known human resource specialist Sabine Ruegg will conduct the three-day orientation programme. The Katuka Mentorship Programme aims to empower and encourage entrepreneurs, business and professional women to succeed in their careers through mentorship by seasoned business and professional women. The late Lena Markus, former Businesswoman of the Year 2000 in the category Corporate/Professional, founded the Programme. In its twentieth year, the Programme has produced significant results in the careers of the participating mentees. To date, 401 entrepreneurs and businesswoman have completed the programme.…

02 Feb

CoW moves against colonial statues, street names

ObserverObserver MoneyCity of Windhoek, CoW Mayor Job Amupanda

Maria Hamutenya City of Windhoek (CoW) is next week set to deliberate on the removal of the Kurt von Francois statue and the changing of colonial street names in the capital. The move comes amid calls for statue removal and name change in some of the city roads, with current CoW Mayor, Job Amupanda having led the charge, calling for the Kurt von Francois statue to be replaced by human rights activist Anna Kakurukaze Mungunda. “The changing of street names still has to go to council for a decision. It was elaborated on at a management committee meeting and yes…

02 Feb

Govt seeks legal opinion over Air Namibia deal

ObserverObserver MoneyAir Namibia, Challenge Air, Covid-19

Staff Writer Ministry of Public Enterprises has requested a legal opinion regarding Air Namibia’s last minute settlement agreement reached with Belgian company, Challenge Air, which is alleged to have been concluded without its approval. The government is considering the consequences of the agreement, which might require treasury to fund the multimillion dollar deal or provide guarantees. “I have requested a legal opinion and we are looking into what transpired last week. We will only be able to pronounce ourselves once this is concluded,” Public Enterprises minister, Leon Jooste told the Windhoek Observer. This is amid concern that the airline, which…

02 Feb

PAAB investigates PwC

ObserverObserver MoneyAffirmative Repositioning (AR), Public Accounts and Auditor’s Board (PAAB), PwC

Andrew Kathindi The Public Accounts and Auditor’s Board (PAAB) has confirmed that it has instituted an investigation into allegations raised against auditing firm PwC by Affirmative Repositioning (AR) leader and Windhoek mayor, Job Amupanda. Amupanda accused August 26, a holding company owned by the Ministry of Defense, of transferring N$200 million from the Defence Ministry account, an action which he alleges to be unlawful but was not flagged by PwC which conducted its audit. “Where such an investigation is complete and finds the registered auditor guilty, the PAAB may take disciplinary action against the guilty auditor. The disciplinary actions range…

30 Jan

Couch kitten: My tender Tinder experience

ObserverUncategorisedMy tender Tinder experience

Khanyiswa Mogotsi At the start of the pandemic, I was in a relationship but not too long after that my relationship ended, and I found myself back in the dating pool. However, because of lockdown there was nowhere I could go to make new connections and having just come out of a relationship I did not have any interest to be in another one yet. The lack of social interaction began to make me feel a bit lonely and bored, so I made the decision to join an online dating app and meet new people in the comfort of my…

30 Jan

We’re still going to grow – Western …As pandemic impact on musicians is severe

ObserverUncategorisedDJ Vuyo, Ihemba Western, pandemic impact on musicians, Western Mwanakanyemba, Yawa by Tekno

Clementine Tjameya Ihemba Western, best known as Western Mwanakanyemba is a 24 year old Rundu born local singer who made his musical debut in 2012. He started off with dance music in a band but had set his entertainment career aside to complete his academic commitments. He paused his musical career until 2015 when he joined Basement Records owned by Mr Kudumo. The young singer recalls that even then he still had to divide his attention between music and his schoolwork. He only started doing music full time recently. Western’s first song was a cover of the song Yawa by…

30 Jan

Eos Capital invests in Erongo Medical Group

ObserverUncategorisedEkkehard Friedrich, Eos Capital, Erongo Medical Group, Matthias Braune

Staff Writer Eos Capital has announced that it will acquire a minority stake in Erongo Medical Group (Pty) Ltd. EMG is a leading Namibian Walvis Bay-based private healthcare group, which owns the Welwitschia Hospital and has interests in several other health care entities including Erongo Radiology, a leading radiology and telemedicine provider, Ongwediva Medipark as well as Medixx Occupational Health Services, which addresses the occupational healthcare needs of employees of mines, fishing companies and other large industrial players across the country. "EMG is excited to have Eos Capital as a partner as we see them adding value by providing strategic…