Blog – Page 718 – News Stand

21 Jan

Namibia Dairies to retrench 25 workers this month

info_e12wt4csObserver Money(Nafau)’s Secretory General Jacob Penda, Cossy Tjihundju, ONE of Ohlthaver& List (O&L) group subsidiaries Namibia Dairies

Martin Endjala ONE of Ohlthaver& List (O&L) group subsidiaries, Namibia Dairies, is reportedly laying-off some of its employees due to financial instability caused by covid-19 pandemic come January 31. About 25 employees are currently being retrenched at the AVIS plant and Prosperita whilst other branches are to follow suit. As many companies battle to sustain themselves during this tough times of Covid-19, Namibia Dairies was not spared, as the company battles financial constraints. According to Namibia Dairies Avis Manufacturing Plant Shop Steward, Cossy Tjihundju, several employees are serving a one month notice of retrenchment slated for the 31st January. Last…

20 Jan

BON payment system records milestone N$ 1 trillion settlements

info_e12wt4csObserver Money(BON) Namibia Interbank Settlement System (NISS), Kazembire Zemburuka, the high volumes of the new domestic EFT system streams (NAMPAY)

Tujoromajo Kasuto THE Bank of Namibia’s (BON) Namibia Interbank Settlement System (NISS) has, for the first time since its inception in 2002, recorded a settlement value of N$ 1 trillion during 2021 due to high volumes. The hallmark milestone celebrates Namibia’s secure, reliable, and modern payment system. BON’s Acting Director of Strategic Communications, Kazembire Zemburuka, states that the NISS is a Real-Time Gross Settlement System (RTGS) that processes and settles time-critical payments. The highest settlement values recorded to date can be ascribed to the high volumes of the new domestic EFT system streams (NAMPAY), the utilisation of the lending facilities,…

20 Jan

BDF found not guilty for slain Namibian fishermen…Activists to approach SADC, UN, AU

info_e12wt4csObserver MoneyBDF found not guilty, Deputy Commissioner Evans Simasiku, Zambezi Crime Coordinator

Eba Kandovazu A BOTSWANA Magistrate, Taboka Mopipi, today ruled that the Botswana Defence Force (BDF) cannot be held liable for the killing of three Namibian brothers and their Zambian cousin in November last year. The deceased fishermen, Tommy Nchindo, Wamunyima Nchindo, Martin Nchindo, and their cousin, Sinvula Munyeme, were brutally shot by BDF soldiers on 5 November last year accusing them of being poachers. Sinvula Mudabeti, the National Executive Chairperson for Namibian Lives Matter Movement, who attended the inquest proceedings, says the movement has been left with no choice but to approach the Southern African Development Community (SADC), the African…

20 Jan

Court orders Kora millions payback

info_e12wt4csObserver MoneyCourt orders Kora millions payback, Kora Awards promoter Ernest Adjovi, Pohamba Shifeta

Eba Kandovazu THE Windhoek High Court this morning ordered that the Namibia Tourism Board(NTB) be re-payed the N$ 23.5 million it paid to Kora Awards promoter, Ernest Adjovi, and his company Mundial Telecom Sarl. The awards, which were scheduled to take place on 20 March 2016 never happened. Adjovi, who was a no show during the trial, has also been ordered to pay the legal costs of NTB. “The lesson learned today is that when you enter into agreements, such must be made to be properly and comprehensively documented to avoid any confusion and gaps. As a country it is…

19 Jan

Namibia to borrow 11 500 tablets from Kenya for census

info_e12wt4csObserver MoneyN$1.1 billion is needed for the population censusChief Statistician Alex Shimuafeni, Namibia Statistics Agency

Eba Kandovazu THE Namibia Statistics Agency (NSA) Chief Statistician, Alex Shimuafeni, says although N$1.1 billion is needed for the population census in August, 11 500 tablets will be borrowed from the Kenya National Bureau of Statistics. Shimuafeni says negotiations between the two organisations are ongoing, and that the NSA will cover for the tablets' transportation, storage and insurance. He stresses that the N$1.1 billion will cover the training of 11 500 enumerators, their salaries, vehicles and accommodation, among others. Shimuafeni adds he is confident that the remaining money will be received on time before August. However, he cannot say whether…

19 Jan

Namcor’s unvaccinated employees pushed in tight corner

info_e12wt4csObserver Money(Namcor)’s unvaccinated employees are expected to provide a negative PCR test results weekly, Immanuel Mulunga, Maryke Krohne

Tujoromajo Kasuto From Monday of this week the National Petroleum Corporation of Namibia (Namcor)’s unvaccinated employees are expected to provide a negative PCR test results weekly at their own cost. In addition disciplinary measures will be taken against those absent (forced leave) for more than two days. This was revealed in a letter addressed to an employee by Human Capital Executive, Maryke Krohne, as per the Managing Director Immanuel Mulunga directive. By it employees were given until 19 November, 2021 to get vaccinated. Mulunga stated that employees who do not want to be vaccinated against Covid-19, may be obliged to…

19 Jan

Media should “leave Swapo business alone” – Shaningwa

info_e12wt4csObserver Moneymedia fraternity should leave Swapo business alone, Sophia Shaningwa

Tujoromajo Kasuto SECRETARY General (SG) of the Swapo Party of Namibia, Sophia Shaningwa, says the media fraternity should leave Swapo business alone and stop trying to be part and privy to the SGs explicit functions and duties. Shaningwa further points out that her ill treatment by members of the media fraternity is a response to the hostility she has experienced from the media and the allegations they have made about her. However, she remains tight lipped on completion of the party’s headquarters and if whether it will be hosting the Seventh Elective Congress there. “You people are allergic to Swapo…

19 Jan

Deputy Finance Minister, AR Activist embroiled in N$1 million defamation suit

info_e12wt4csObserver MoneyDEPUTY Finance Minister Maureen Hinda is suing Affirmative Repositioning (AR) activist and leader Job Amupanda

Eba Kandovazu DEPUTY Finance Minister, Maureen Hinda, is suing Affirmative Repositioning (AR) activist and leader, Job Amupanda, to the tune of N$1 million. She says Amupanda last July posted a picture of an unknown woman saying it was Hinda during the liberation struggle. In court documents, Hinda says the picture implies that because she is Damara she will not hesitate to stab anyone. She says Amupanda refuses to apologise or remove the social media post. Hinda, who is of Otjiherero descent is also fluent in Damara/Nama. A mediation session is scheduled to take place on 3 February. The initial post…

18 Jan

Women dominate COVID-19 positive ratio as 902 759 Namibians are tested

info_e12wt4csObserver Money902 759 Namibians have been tested for the Coronavirus, Women dominate COVID-19 positive ratio

Eba Kandovazu UNTIL last week Saturday, Namibian females have tested positive more than males, at the rate of 53 percent, totaling 81 996 women positive with the virus. In total, 902 759 Namibians have been tested for the Coronavirus, out of the total 2 550 226 population. Of these, 154 536 positive cases were recorded, representing six percent of the population. This was revealed in Namibia’s situation report for 13 March 2020 to 15 January 2022. Ministry of Health and Social Services (MoHSS) Spokesperson, Manga Libita, says that out of the total confirmed cases, three percent are health care workers,…

18 Jan

Community gives Namibia’s “Florence Nightingale” a heroin’s farewell

info_e12wt4csObserver Money

Staff Writer Only the Covid-19 regulations, with a ceiling lately and currently of no more than 200 people at any public gathering, be it a meeting, funeral and/or sports activity, barred the community of mourners from giving late 84-year-old Agnes Kapenangumui “Kapee” Hindjou, a befitting community heroin’s farewell. That is only if a heroin’s sendoff is and can be defined in terms of the number of mourners. But by the content of those paying tribute to her at three different events, first a memorial service at the Namibia College of Open Learning (Namcol)’s Jetu Jama Centre in Windhoek’s Independence Avenue…