Blog – Page 714 – News Stand

07 Apr

Compulsory pension savings on horizon ….no withdrawal of 75 percent of pension money until 55 years

info_e12wt4csUncategorisedCompulsory pension savings on horizon, Erna Motinga, FIMA, Kenneth Matomola

Tujoromajo Kasuto The Namibia Financial Institutions Supervisory Authority (NAMFISA) Deputy Chief Executive Officer, Erna Motinga cautioned the Namibian public against mass resignations in an attempt to Access their pension savings, because of the introduction of compulsory preservation of retirement benefits for people who withdraw from their retirement funds before retirement age. In terms of this new regulation when someone resign, change jobs or stop working they will be required to preserve 75 percent of their minimum individual pension reserve, until the prescribed early retirement age of 55 years. This has ignited heated public debate on social media and news platforms,…

06 Apr

N$15 million paid for human wildlife conflict

info_e12wt4csObserver MoneyN$15 million paid for human wildlife conflict, Romeo Muyunda

Staff writer The Ministry of Environment, Forestry and Tourism has paid out N$ 15 126 402 on human wildlife conflict cases over the past three years. This is according to statistics released to the Windhoek Observer yesterday by Romeo Muyunda, the ministry’s spokesperson. The figures indicate that since 2019 to date the ministry has disbursed N$7 890 550 to conservancies, N$2 454 402 for livestock losses, N$2 291 450 for crop damages, N$2 000 000 for loss of life and N$490 000 for injuries caused by human wildlife conflict. Furthermore, the statistics indicate that there were 20 case of people…

06 Apr

Automation of job application systems not priority for govt

info_e12wt4csUncategorisedAutomation of job application systems not priority for govt, Lydia Indombo, Rhingo Mutambo

Tujoromajo Kasuto Office of the Prime Minister says although the automation of systems in the government service is a no brainer, it is unlikely that the government would automate its employment application system anytime soon. The chief public relations officer in the Office of the Prime Minister, Rhingo Mutambo says that calls for automated applications is raised in many government deliberations and is working quietly to digitise its systems. ‘’Only the wheel of change has a wider orbit to reach its full circle, for many to see progress made. We will sooner or later get there,’’ Mutambo affirms. Meanwhile, the…

06 Apr

Food Bank beneficiaries to get N$500 monthly

info_e12wt4csUncategorisedFood Bank beneficiaries to get N$500 monthly, president Hage Geingob

Tujoromajo Kasuto A cash payment of N$500 to replace food assistance to Food Bank beneficiaries has started this month. The first recipients of the cash payment will be current beneficiaries in the 28 constituencies where the Food Bank programme was active. The programme is currently service 9 967 household across all fourteen regions and will disburse cash of N$500 to these households. Despite many communities welcoming the payment, others are of the view that the food parcels had more cash value than the N$500 dollars, especially now that food prices have skyrocketed. Meanwhile President Hage Geingob in his 8th State…

06 Apr

Venaani’s black Merc in the house

info_e12wt4csUncategorisedHage Geingob c, McHenry Venaani, Venaani’s black Merc in the house

Staff Reporter The State of the Nation Address in Parliament today saw opposition parliamentarians and President Hage Geingob calling each other out on different issues. The State of the Nation Address gives opportunity to members of parliament to ask or engage the president on any issue of national concern. Parliamentarians in particular have been found to get hot under the collar when the president does not respond to their questions as they would have liked. Sometimes the house also goes into overdrive, when the debate gets into personal attacks and forceful removal of MPs, because of threatening behaviour of some…

05 Apr

Residents warned against selling townlands

info_e12wt4csUncategorised

Staff Writer The Divundu Village Council Chief Executive Officer, Athanasius Maghumbo has called on residents to refrain from selling land that belongs to the state to investors. The land referred to is the land that forms part of the townlands, in from which the residents are required to move to pave way for development. According to Maghumbo, the village council has been experiencing a rising number of sales of communal land around Divundu village by residents, which does not belong to them and they are not mandated to dispose of. “The Council is challenged by sales of communal land by…

05 Apr

Gobabis railway line opening

info_e12wt4csUncategorisedGobabis railway line opening, Zebby Mukungu

Tujoromajo Kasuto The Gobabis railway line, which has been non-operational for almost two years, is to be revived to service the local Namibian market and the crucial Botswana, Gauteng and Zimbabwean markets. TransNamib, Acting Executive of Commercial and Marketing Zebby Mukungu says the line, which is expected to be opened by the first week of April 2022 serves as an integral part of TransNamib’s plan to be an inter-connector to landlocked countries and to implement its Road-to-Rail strategy. Transnamib however, cautions everyone residing, farming and staying next to the railway line to take note of this announcement and keep their…

05 Apr

State of the Nation Address eagerly awaited

info_e12wt4csUncategorisedHage Geingob, State of the Nation Address eagerly awaite

Martin Endjala President Hage Geingob will be delivering his annual State of the Nation Address tomorrow, 6 April 2022 in the National Assembly chamber on the government’s future policies and draw a comparison to last year’s plans as laid out in the 20021 address, as well as responding to questions from parliamentarians. This was announced by the acting public relations officer Rafael Hangula in a media statement dated 5th of April 2022. The address is in accordance with Article 32 (2) of the Namibian Constitution that accords the executive branch responsibility of government to the legislative branch, which stipulates that…

05 Apr

New funding for off-grid electrification

info_e12wt4csUncategorisedKornelia Shilunga, New funding for off-grid electrification

Tujoromajo Kasuto Only applicants with guaranteed income with payslips are eligible to benefit from the newly launched Green People Energy Fund. The GIZ sponsored fund provides just over five million Namibia dollars to the Solar Revolving Fund to offer subsidised loans to Namibian citizen at an interest rate of five percent per annum over five years. The Deputy Minister of Mines and Energy, Kornelia Shilunga explains that the revolving aspect of the fund is to ensure that more people benefit from the facility. The Green People’s Energy new funding window targets a different range of beneficiaries such as low-income individuals,…

05 Apr

Namibia not protected against Covid outbreak

info_e12wt4csUncategorisedBen Nangombe, Namibia not protected against Covid outbreak

Tujoromajo Kasuto Fear has been expressed that Namibia is not ready to withstand a new Covid-19 outbreak because of its low vaccination figures. Public health experts in some areas relaxed its Covid-19 regulations too early and adopted liberal health protocols as the developed world that have over 70 percent of vaccination figures as opposed to Namibia’s just over 20 percent of the targeted population. The Ministry of Health and Social Services is however confident that the Covid-19 health regulations are adequate to withstand an outbreak, while about a three-quarter of the targeted population remain unvaccinated. The Executive Director in the…