Observer – Page 762 – Windhoek Observer

13 Jun

Dos Santos bank stake up for sale

ObserverObserver MoneyAngola

Staff Writer Angola's former first daughter Isabel dos Santos indirect stake in Bank BIC Namibia Limited is up for sale with other shareholders in the bank reportedly to keen to acquire the shares. Dos Santos who currently stands accused of theft, corruption and money laundering by Angolan authorities, is reported to be a majority shareholder in the banking concern, with a 42.5 percent shareholding. “We can confirm, however, that the shares currently held indirectly by Ms dos Santos are still for sale but how this is done is a matter for shareholders to decide,” Bank Bic said in response to…

12 Jun

When ‘deep regrets’ are not enough

ObserverNational NewsCorien Steenkamp, Hillside Christian College

The country is abuzz with comments on the Facebook rant of Corien Steenkamp, a second-grade assistant teacher from Hillside Christian College in Walvis Bay. The mere thought that someone with such guttural racist beliefs is anywhere near children, is extremely disturbing. She has made a statement that she deeply regrets her racist rant. Does she regret the fact that she is holds racist beliefs or that she was caught doing so? These are two very different things. We believe everyone is very sorry when they get caught. Very few are actually sorry that did the nasty deed in the first…

12 Jun

MTC ‘Paint Namibia Blue’ Project starts

ObserverUncategorisedMTC, Paint Namibia Blue’ Project, Tim Ekandjo

Staff Writer Following the launch of the MTC ‘Paint Namibia Blue’ Project in March 2020, Omaruru, Okakarara and Omuthiya towns were amongst the latest beneficiaries of the MTC Paint Namibia Blue” Project, with a new fresh coat of paint dotted on some of the town’s land marks. The project is aimed at increasing the company's visibility, by creating opportunities that would benefit the growing numbers of unemployed youth, whom are earmarked for the various paints jobs in major towns selected as part of the project. “The plan and intention remains to only partner with local skillful and capable painters (men…

12 Jun

The winter lambing and kidding season

ObserverUncategorisedAgribank

Erastus Ngaruka With the commencement of the winter season, small stock (goats and sheep) farmers have a big task at hand of ensuring that this lambing (sheep birth) and kidding (Goat birth) season progresses well in order to potentially achieve their production targets. Generally, animals’ breeding activities take place during seasons or times most favorable to their bodily functions and wellbeing. For example, mating commences during times of plentiful forage resources amongst others, and this is because the nutritional status of the animal has a direct influence on conception (the better the nutritional status the higher the chances of conception).…

12 Jun

Cabinet approves new boards

ObserverObserver MoneyCabinet

Staff Writer Cabinet has approved the appointment of University of Namibia Director of Research, Innovation and Development, John Sifani as the Chairperson of the board of New Era Publication Corporation (NEPC) for a period of 3 years. Sifani who replaces Esau Mbako, will be joined on the government owned publishing house board by Helena Amutenya, Selma Ambunda, Johannes Sheya and Government Institutions Pension Fund (GIPF) General Manager for Marketing and Stakeholder Engagement, Edwin Tjiramba, a media and communication specialist. Similarly, Cabinet endorsed the appointment of Bank of Namibia official, Emma Haiyambo as Board Chairperson of Southern Times Newspaper. Other board…

12 Jun

Namibia faces drinking crisis

ObserverObserver MoneyMinistry of Health and Social Services

Andrew Kathindi According to the Ministry of Health and Social Services, 44 percent of Namibian children start drinking alcohol from as early as nine years old. This according to Deputy Program Manager for Substance Abuse Prevention, Drug Control and Rehabilition in the ministry, Geraldine Kanyinga, who raised the alarm on the state of alcohol addiction in Namibia. “We have done a research and the findings show that 44 percent of Namibian children are already drinking from as early as nine years. So for us it is scary that alcohol has become a norm in society. We have to take shebeens…

11 Jun

Localizing native languages …the key to economic upliftment

ObserverUncategorisedMonica Geingos, Namibia

Festus Commodore Tshirumbu "Some of our policies are great, but when it comes to translating them to the people who must interact with them, they must make sense." - Monica Geingos, the First Lady of Namibia. She explained that when she speaks of an afrocentric approach, it means policies must be able to accommodate those who utilize them without them having difficulties. Madam Geingos could have not said it any better. This remark triggered a spark of thought within me that our government spends millions of dollars printing and publishing tender documents and not one is printed in our local…

11 Jun

Grandstanding Geingob sinks Air Namibia

ObserverNational NewsAir Namibia, president Hage Geingob

President Hage Geingob stood up in the Parliament and dropped an attention-grabbing bomb. He stated that Air Namibia would be liquidated. Statesmanship and studied leadership was not his goal with that precipitous statement. Self-aggrandisement was. Our esteemed president holds an earned PhD and has 60 years of world experience and exposure to the way things work. He makes statements not from ignorance but with calculation. It is the self-serving side of his personality that is a fatal flaw in his otherwise reasonable leadership persona. When asked in that same parliamentary session about Fishrot, Geingob was demure and coquettish. He said…

11 Jun

Kalahari Holdings donates school furniture

ObserverObserver MoneyKalahari Holdings, Katima Mulilo

Staff Writer Kalahari Holdings has donated of 650 desks and 650 chairs to the Tobias Hainyeko Project School in Katima Mulilo as part of its corporate social responsibility initiative and efforts to assist Government. The school furniture was handed over to the school management by Kalahari Holdings Director, Ephraim Nekongo. Since the school was established in 2018, learners have had to carry chairs from their homes to school and the donation is set to have a positive impact on teaching and learning in the school.

11 Jun

Bank Windhoek, NUST, B360 partner

ObserverUncategorisedB360 Education Partnerships, Bank Windhoek, Career Starter Programme, Covid-19, Namibia University of Science and Technology (NUST)

Staff Writer Bank Windhoek, in partnership with the Namibia University of Science and Technology (NUST) and B360 Education Partnerships, have decided to host an online Career Starter Programme in compliance with social distancing measures and to combat the spread of COVID-19, Designed to provide a sequential path through career development, knowledge, and skills essential for success in the job search, the online Career Starter Programme will see a total of twelve graduates, divided into groups of four, take part in the initiative. The programme will be spread over six weeks, during which each group will have online contact sessions with…