Blog – Page 810 – News Stand

07 May

Fifteen vie for ECN posts

info_e12wt4csObserver MoneyElectoral Commission of Namibia (ECN)

Kandjemuni Kamuiiri Parliament has shortlisted 15 candidates to be interviewed for three commissioner positions that are set to become vacant on the Electoral Commission of Namibia (ECN). Among those shortlisted and vying for the ECN posts, is 25-year-old Munolwisho Ipangelua, who if successful, will become the youngest commissioner to be appointed on the ECN board, with the oldest being 65-year-old pastor, Petrus van Zyl. The vacancies will arise due to the end of the terms of current Chairperson, Notemba Tjipueja, and Ulrich Freyer on the 15th of September. Both have served two terms and cannot be considered for reappointment due…

07 May

LPM High Court judgement questioned

info_e12wt4csObserver MoneyBernandus Swartbooi, Henny Seibeb, Landless People’s Movement’s (LPM), McHenry Venaani, Mike Kavekotora, MPs, Peter Katjavivi, Rally for Democracy and Progress (RDP), Speaker of Parliament

Andrew Kathindi The High Court’s decision to dismiss the Landless People’s Movement’s (LPM) application to set aside Speaker of Parliament, Peter Katjavivi’s indefinite suspension of Bernandus Swartbooi and Henny Seibeb could set a worrying precedent. These were the views of Rally for Democracy and Progress (RDP) President Mike Kavekotora, who sits on the Parliamentary Standing Committee on Standing Rules and Orders and Internal Arrangements (STROC). The STROC according to parliament’s spokesperson, David Nahogandja, generally deals with matters such as misconduct before it is brought before the Privileges Committee. Kavekotora claimed that Katjavivi lied when he said the matter was dealt…

06 May

Uefa finishes semi finals and CAF quarter finals near

info_e12wt4csUncategorisedChelsea, Manchester City, Paris Saint Germain, Uefa Champions League

This week saw the second leg matches of the semi finals play out and we now know which two teams will be playing in the final of the Uefa Champions League. The first of the two remaining matches were played on Tuesday evening when Paris Saint Germain travelled to England to play Manchester City on their home turf. Manchester City won the match 2-0 after the final whistle bringing the aggregate to 4-1 and placing them in the final match of the Championship. Wednesday evening saw Real Madrid taking on Chelsea at Stamford Bridge. Their first encounter the previous week…

06 May

Standard Bank joins Credit Guarantee Scheme

info_e12wt4csUncategorisedCredit Guarantee Scheme (CGS), Felicia Jooste, SMEs, Standard Bank Namibia, Standard Bank’s Enterprise Direct Manager

Staff Writer Standard Bank Namibia has announced that it has partnered with the Credit Guarantee Scheme (CGS) to provide collateral cover of 60 percent for qualifying SMEs applying for finance from participating commercial finance institutions. Standard Bank’s Enterprise Direct Manager, Felicia Jooste said the decision by the listed banking concern , is driven by a genuine desire to see SME’s grow and thrive in difficult economic conditions. “We are determined to help our small and medium businesses navigate these difficult prevailing conditions, hence the reason we joined the Credit Guarantee Scheme. SME’s are the lifeblood of the economy and employ…

06 May

Michael Iyambo’s woes mount

info_e12wt4csObserver MoneyAgribank, Michael Iyambo, Namibian Agronomic Board (NAB)

Kandjemuni Kamuiiri Former Chairperson of Agribank, Michael Iyambo’s continued stay as Chairperson of the Namibian Agronomic Board (NAB) remains uncertain amid indications of on-consultations being carried out by the appointing authorities over his role. Iyambo who was appointed to the NAB role in 2017, was forced out from his role as Chairperson of Agribank, amid accusations that he used his position to access personal funding from the Government-owned bank. Public Enterprises Minister, Leon Jooste, whose ministry is entrusted with ensuring governance compliance by State-owned entities, confirmed that his ministry was looking into the matter.“We will look into that after we’ve…

06 May

Air Namibia’s liquidator finalised … as creditors gun for N$895m

info_e12wt4csObserver MoneyAir Namibia, Bruni & Mclaren, Challenge Air, Namibia Airports Company (NAC), Paragon Investment Holdings

Andrew Kathindi Bruni & Mclaren were appointed final liquidator of Air Namibia at a meeting held at the Masters of the High Court on Wednesday morning. The serial liquidators were previously appointed on a provisional basis. This was the first meeting between Air Namibia and creditors after the airline’s liquidation was finalised last month by Acting High Court Judge, Kobus Miller, after the Namibia Airports Company (NAC), who are Air Namibia’s biggest creditor, had filed an application. The purpose of Wednesday’s meeting was to consider the statement of affairs (a legal document listing the assets and liabilities of the Airline…

04 May

No COVID-19 vaccines for learners

info_e12wt4csUncategorisedAstraZeneca and Covishield, Ben Nangombe, Ministry of Health and Social Services (MOHSS), Sanet Steenkamp, Sinopharm

Kandjemuni Kamuiiri Learners will not be able to get the COVID-19 vaccines currently available in the country, as they are below the prescribed age limit. Ministry of Health and Social Services (MoHSS) Executive Director, Ben Nangombe, revealed that only persons above the age of 18 are in the criteria of receiving the COVID-19 vaccine jabs (Sinopharm, AstraZeneca and Covishield) . The revelation comes as Ministry of Education, Arts and Culture recently fingered boarding and high schools as the main spreaders of COVID-19 among learners in the country. Latest figures from the Ministry of Health shows that over the month of…

04 May

Board members mass exodus on the horizon …as new cabinet directive takes effect

info_e12wt4csObserver MoneyBoard members mass exodus on the horizon, Gisbertus Mukulu, Heinrich Mihe Gaomab II, Namibia Revenue Agency (NamRA) Commissioner, Sam Shivute, State Owned Enterprises (SOEs)

Andrew Kathindi, Tujoromajo Kasuto State Owned Enterprises (SOEs) could see a mass exodus in the following months and years, with a new Cabinet directive baring Chief Executive Officers (CEOs) of SOEs serving on the board of other SOEs. The development was confirmed by Public Enterprises Minister, Leon Jooste. The new directive is the reason why Namibia Revenue Agency (NamRA) Commissioner, Sam Shivute, will not be considered for reappointment as board Chairperson of the National Housing Enterprise (NHE). Shivute had previously admitted failure during his tenure at the NHE, which is currently faced with a leadership crisis pitting senior management against…

01 May

Rangeland productivity, utilization, degradation

info_e12wt4csUncategorisedAgribank, Erastus Ngaruka

Erastus Ngaruka Rangeland is defined as an area of land with natural forage materials that are utilized by livestock and wild animals. Its productivity depends on rainfall and utilization. Rangeland plants require favorable environmental conditions and protection for their establishment, distribution, and resilience in agroecosystems or on livestock farming lands. In particular, the most important attributes to consider about rangeland productivity in grazing areas are grass vigor, density, species composition and abundance or richness amongst others. These attributes indicate, how strong and active is the grass growth after dormancy and grazing, the amount of grass yield per unit area, the…

01 May

Reparations, futile channel for egoistic masturbation, Capitalist self-enrichment

info_e12wt4csUncategorisedKae Matundu-Tjiparuro, National Assembly, Prime Minister, Saara Kuugogenlwa-Amadhila

Kae Matundu-Tjiparuro From the recent briefing to the National Assembly by Prime Minister, Saara Kuugogenlwa-Amadhila, on 16 March on the progress or lack thereof, of the genocide negotiations, it is emerging crystal clear that after all, as many critics may have predicted and suspected, it has been a futile exercise. Only for the Head of State to put the nail in the coffin thereafter announcing that the Genocide and Reparations negotiations have deadlocked. Hence the relegation of the negotiations for Reparations to negotiations for projects. Worse within the frameworks of the country’s National Development Plans (NDPs) and Vision 2030. Not…