Blog – Page 839 – Windhoek Observer

14 Apr

DBN aiming to mitigate climate change effects with new product

Observer Money

Niël Terblanché In order to achieve the country’s objectives set to mitigate the effects of climate change, the Development Bank of Namibia (DBN) launched the Sustainable Finance Framework (SFF). According to the development bank’s Chief Executive Officer, Martin Inkumbi, the inaugural framework is aligned with the four core components of the International Capital Market Association’s (ICMA) Green Bond Principles 2021, Social Bond Principles 2021, Sustainability Bond Guidelines 2021 as well as the Loan Market Association’s (LMA) Green Loan Principles 2023 and Social Loan Principles 2023. Inkumbi stated that the framework has seven green categories which aim to achieve the environmental…

14 Apr

Geopolitics is unavoidable in Green Hydrogen

National NewsFrederico Links, Geopolitics is unavoidable in Green Hydrogen

Martin Endjala With more interest emerging from numerous countries globally in the much-anticipated green energy boom in Namibia, some experts have come to terms with geopolitics, saying that it is impossible for projects of this magnitude to not be politicized. Frederico Links, a Researcher at the Institute for Public Policy Research, said that energy is a geo-political policy and security concern and priority and politics are what is driving energy discussions everywhere. “Green hydrogen, like all other energy-related developments, is political so the fact that it would be politicized, is a given. It is simply unavoidable and Namibia is no…

14 Apr

Hundreds of Jobs expected at Farm 37-LPM Councillor

National NewsHundreds of Jobs expected at Farm 37-LPM Councillor, Ryan Gordon

Martin Endjala More than 1 000 job opportunities are set to be created once the construction of houses at Farm 37 7 kilometres east of Walvis Bay in the Erongo region commences, Landless People’s Movement Walvis Bay Councillor, Ryan Gordon says. According to Gordon, Farm 37 is not only envisaged for the construction of houses but also to provide an opportunity for job creation for the community. Gordon told this publication yesterday in an interview that he is currently in discussions with various investors to come on board to construct affordable homes for members of the community. Companies will have…

14 Apr

Renting taxi permits is illegal, Roads Authority warns

National NewsRenting taxi permits is illegal, Roads Authority warns

Stefanus Nashama The Road Authority (RA) yesterday said it has taken notice of the prevalent renting of road public carrier permits, which it says is illegal and that those doing so risk getting prosecuted. In an interview with the Windhoek Observer, Roads Authority Spokesperson Hileni Fillemon called on vehicle owners interested in owning public road carrier permits to follow due process, by applying. Fillemon reiterated that members of the public should refrain from renting out permits, adding that any person may apply, in accordance with the Road Transportation Act 74, 1977, Section 12. “A person may qualify by providing a…

14 Apr

Esau begs Judge for bail,says Nghipunya used his name

MainEsau begs Judge for bail, says Nghipunya used his name

Stefanus Nashama The former Minster of Fisheries and Marine Resources and first accused in the Fishrot corruption scandal, Bernhardt Esau said his name was used by his co-accused, Mike Nghipunya, the former Fishcor Chief Executive Officer, for the distribution and selling of fishing quotas.Esau testified before Judge David Munsu in the Windhoek High Court yesterday, on the third day of his formal bail application. “My name was used to facilitate instruction for payment to Sisa Namandje. My name was also used to facilitate instruction to pay Maren de Klerk, and today I stand accused of things I never knew or…

13 Apr

Suspect in brutal double murder commits suicide as police approach

National News

Niël Terblanché Members of the Nam ibian Police were horrified when Michael Simaneka Martin, a resident of the Oshikweyo Village near Eheke committed suicide by shooting himself in the head while they were approaching him for questioning. Martin is accused of killing two of his colleagues on Tuesday, before fleeing to the north. The horrific suicide was also witnessed by members of Martin’s family. According to the incident report provided by the Public Relations Division of the Namibian Police, the 30-year-old Martin was the main suspect in the brutal murder of 22-year-old Visser Bock and his 30-year-old brother Albertus Bock.…

13 Apr

Namibian Parliamentarians failing to be proactive

National NewsElma Dienda, Namibian Parliamentarians failing to be proactive

Martin Endjala Popular Democratic Movement Parliamentarian, Elma Dienda said parliamentarians are failing to be proactive as they continuously repeat talking points in parliamentary sessions. She has since urged MPs to “up their game”. She also said that members move on to new discussions without successfully concluding the previous discussions. She said this during a parliament session yesterday while contributing to a motion calling for flood control measures and an approach to flood management in flood-prone areas. The discussion follows the recent floods experienced in northern Namibia. “It is time that we become awake to the situation and not act after…

13 Apr

Unemployment of fishermen redressed

National NewsUnemployment of fishermen redressed

Niël Terblanché Almost 600 workers in the fishing industry have been re-employed after signing contracts with four fishing companies in Walvis Bay recently. The re-employment of the 581 fishermen is part of an effort by the Ministry of Fisheries and Marine Resources and various fishing companies to mitigate the devastating effects of the mass lay-offs that occurred in the wake of the Fishrot debacle. At the time, nearly 5 000 workers lost their jobs and a majority of the former workers have been protesting the devastation to their lives at the soccer stadium in the Kuisebmond neighborhood of Walvis Bay…

13 Apr

Nigel Van Wyk insists prosecution is selective

National News

Stefanus Nashama Nigel Van Wyk, who reportedly earned a salary of over N$40 000 as an employee of disgraced former Justice Minister Sakeus Shanghala, yesterday accused the office of the Prosecutor General of being selective, biased, and executing an unfair prosecution. Van Wyk, who is charged alongside Shanghala and other Fishrot accused persons faces serious charges of classic money laundering and obstructing the course of justice. Van Wyk, through his Lawyer Mbanga Siyomunji, said prior to his arrest, he was not given time to explain himself. His bail application is before Judge David Munsu. He, alongside former Fisheries Bernard Esau…

13 Apr

Judiciary Defends Zimbabwean Judge’s Supreme Court Appointment

National NewsJudiciary Defends Zimbabwean Judge’s Supreme Court Appointment, Rita Makarau

Hertta-Maria Amutenja Following a backlash by opposition parties in appointing Zimbabwean judge, Rita Makarau as an acting judge of the Supreme Court of Namibia, the Judicial Service Commission yesterday justified the appointment, saying Makarau’s appointment was based on the Commission’s recommendation and her prior judicial experience in the position, having worked as a Judge President and a Judge in the Supreme Court of Zimbabwe. The Commission’s Secretary, Sakeus Akwenda reiterated that President Hage Geingob’s appointment of Makarau, who is the former Chairperson of the Zimbabwean Electoral Commission was made after the recommendation. Makarau, he said, worked as a Prosecutor and…