Observer

8195 Posts
6 Ways to Avoid Overspending this Season
03 Dec

6 Ways to Avoid Overspending this Season

ObserverUncategorised,
Staff Writer As the holiday cheer takes hold, we’re bound to be tempted to spend more than we should, but having fun shouldn’t mean overspending. Budgets may seem restrictive and not part of the festive picture you have for your holiday, but ultimately they’re tools to help you live better. ‘We know that consumers spent more on their credit cards in December than any other month of the year – most of it on luxury goods and entertainment. Whether you’re staying home or going away, if you’re not keeping an eye on your expenses, overboard is where you’re headed’ says…
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No oil drilling objections received – Calle
03 Dec

No oil drilling objections received – Calle

ObserverObserver Money
Helena Johannes The Minister of Agriculture Water and Forestry Calle Schlettwein maintains his office has not been approached by any expert, with evidence on the negative impact of drilling wells for oil exploration in the Kavango region. “Our main aim is to ensure that it does not cause any economical and agricultural harm. However, on this project we have not been approached by anyone on the harms this might cause,” said Calle. This comes after Conservationists and community leaders in the Okavango wilderness region of Namibia according to media reports have raised alarms over oil and gas exploration and its…
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Namibia opens three border posts with Botswana
03 Dec

Namibia opens three border posts with Botswana

ObserverObserver Money, , , ,
Clifton Movirongo Minister of Home Affairs, Immigration, Safety and Security, Frans Kapofi on Wednesday announced the re-opening of three border points with Botswana, namely the Trans-Kalahari, Ngoma and Mohembo posts. “In terms of Regulations 8(3) (b) of the Public Health COVID-19 General Regulations: Public and Environmental Health Act 2015, I hereby designate the following ports of entry into and departure from Namibia, subject to applicable Health Regulations, effective immediately,” Kapofi said. The move by the Home Affairs ministry comes after the Botswana Defence Force (BDF) killing of the three Namibian brothers, Tommy, Martin and Wamunyima Nchindo, along with another Zambian…
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Opposition agrees on rotation system . . . As Job is appointed mayor
03 Dec

Opposition agrees on rotation system . . . As Job is appointed mayor

ObserverObserver Money,
Andrew Kathindi It has emerged that opposition parties agreed to revolve the leadership roles at the City of Windhoek Council for the next five years as part of a coalition agreement deal reached Tuesday night to break an impasse over positions. As part of the agreement reached, Affirmative Repositioning leader, Job Amupanda will have the first go at the Mayor role, a development that saw him standing unopposed for the position on Wednesday. Amupanda was nominated by Independent Patriots for Change’s (IPC) Fillemon Hambuda and seconded by PDM’s Clemecia Hanases. He replaces outgoing mayor and Councilor Fransina Kahungu. Clemenncia Hanases…
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02 Dec

Talk must now turn to action

ObserverNational News,
It is easy to sit on the sidelines and speak loudly about what is wrong. It costs nothing to loudly and rudely challenge those with power and responsibility when you have neither. With the success of the opposing parties and some independent candidates in certain areas, 2021 means the time for populist promises and brazen talking is over. To those enjoyed success at the polls: It is you in the hot seat now. Others will take your former chair from the sidelines and snipe, gripe and complain about you. Let us hope you have a thick skin. Your vociferous talk…
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The Namibian debt capital market: a rough diamond that’s ready to sparkle
02 Dec

The Namibian debt capital market: a rough diamond that’s ready to sparkle

ObserverUncategorised
Ray Auala Jr The benefits of deep capital markets in emerging economies is well known, and a fundamental pillar of this is the bond market. Although researchers may debate the specific impact the debt capital markets have on economic growth in developing nations, they cannot dispute that a positive link does exist. A welcomed reality when one considers the strides the Namibian bond market has made in recent years in achieving the long-term objective of becoming a world-class capital market. Here are a few notable achievements: 1. The local debt market has 29 Corporate and SOE bonds, including one green…
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The missing link: including civil society in COVID-19 responses
02 Dec

The missing link: including civil society in COVID-19 responses

ObserverObserver Money, , , , , ,
Moses Magadza WINDHOEK - A rapid assessment on the impact of the COVID-19 national measures on community-led HIV responses in the SADC Region shows a complex scenario in which interventions aimed at containing the spread of COVID-19 significantly disrupted community-based responses to HIV and AIDS, while also catalysing creativity and innovation in the way Civil Society Organisations (CSOs) respond to the health and rights challenges facing their communities. The AIDS and Rights Alliance for Southern Africa (ARASA) and the University of KwaZulu-Natal’s Health Economics and HIV and AIDS Research Division (HEARD), undertook the assessment, whose findings were released virtually yesterday…
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Keetmanshoop CEO accused of going rogue again
02 Dec

Keetmanshoop CEO accused of going rogue again

ObserverObserver Money
Andrew Kathindi Keetmanshoop Chief Executive Officer (CEO) Desmond Basson once again stands accused of costing the town millions after allegedly entering into an agreement on 22 October 2015 with a South African company without council’s approval. The town currently faces an invoice of N$1.8 million from South African profit recovery firm, Maxprof for "generated financial benefit to the municipality amounting to N$8.2 million." However according to sources, this was done without officials from the company who were operating in Namibia having work permits. In addition, the initial agreement for work to commence was allegedly done without council approval. Further accusations…
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Ndeitunga contradicts Geingob’s BDF report claims
02 Dec

Ndeitunga contradicts Geingob’s BDF report claims

ObserverObserver Money, ,
Helena Johannes President Hage Geingob’s statement on Tuesday that he had now received a joint investigation report on the fatal shooting of four unarmed Namibian fishermen by the Botswana Defence Forces (BDF) last month, have been contradicted by head of the investigation, Inspector General Sebastian Ndeitunga who says the investigations are yet to be concluded. “The team from Namibia went back today (Tuesday) to meet with the Botswana team in Kasane. Investigations are not yet concluded as more information is yet to come from the joint investigation,” Ndeitunga said. Quizzed on the report that the President had received, Ndeitunga the…
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01 Dec

Accept reality and strategize accordingly

ObserverNational News,
The ruling party did not perform at last week’s polls as it may have expected. Swapo did not ‘lose’. It still maintains a simple majority, though ground was lost. There is no need for panic within the party faithful. The short-sighted comments by party spokesperson Hilma Nicanor that accuses ‘outside’ forces of trying to unseat the ruling party are not in line with the dignity of the mighty Swapo Party. There is a time to fight hard for the hearts and minds of the people and there is a time to accept reality and strategize accordingly based on the outcomes.…
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