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NaCC investigates price fixing in the fishing industry

NaCC investigates price fixing in the fishing industry

Martin Endjala and Ester Mbathera The Namibia Competition Commission (NaCC) lodged a second investigation on 6 July, against various owners and operators of vessels. According to a statement issued on 5 July, the NaCC suspects that there are companies that are imposing unfair purchase prices when negotiating quota usage fees with the fishing rights holders without vessels in the Horse Mackerel sub-sector. “The various fishing vessels are referred to herein as the Respondents. The investigation is initiated in terms of Section 33 of the Competition Act No. 2 of 2003”. NaCC has afforded these companies an opportunity within a period…
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Zambia signs an agreement to amend SADC Treaty

Zambia signs an agreement to amend SADC Treaty

Moses Magadza Zambia has become the 11th SADC Member State to sign the agreement to amend the SADC Treaty establishing the SADC PF, bringing the region closer to having a SADC Parliament. The signing took place in Luanda, Angola, on Monday, shortly after the official opening of the 55th Plenary Assembly Session of the SADC Parliamentary Forum. The agreement was signed by Zambia's Minister of Justice, Princes Kasune, on behalf of Zambia's President, His Excellency Hakainde Hichilema. Established in 1997 as an institution of the Southern African Development Community (SADC) in accordance with Article 9(2) of the SADC Treaty, the…
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High Court dismissed N$184 billion lawsuit case against Standard Bank

High Court dismissed N$184 billion lawsuit case against Standard Bank

Ester Mbathera The High Court of Namibia has struck down the case involving businessman Daniel Kamunoko, who is suing Standard Bank Namibia Limited, and several respondents for US$8.9 billion (about N$184 billion). The matter was removed from the roll on 25 June marking it as inactive, effectively ending the current proceedings without further action. “The case is struck from roll in terms of R132(10) and finalised as Case Inactive (Rule 132),” reads the court documents. This is despite the fact that this was appealed in the Supreme Court under case no. SA 7/0023. Kamunoko cited the Supreme Court delay as…
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Rundu water supply issues rectified soon

Rundu water supply issues rectified soon

Niël Terblanché Construction work on a new water treatment plant for Rundu began with a groundbreaking ceremony held on Monday. The Minister of Agriculture, Water and Land Reform, Calle Schlettwein, officiated at the ceremony. He stressed the importance of the project for Rundu, Namibia’s second-largest local authority with a population of approximately 118,000. “As one of the fastest-growing towns in Namibia, Rundu has faced increasing strain on its water supply, a challenge this new project aims to address comprehensively,” the minister said. Three weeks ago frustrated residents of Ndama's Sun City and Long to Long settlements threatened a community uprising…
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Nathaniel Maxuilili’s spirit lives on

Nathaniel Maxuilili’s spirit lives on

Niël Terblanché Last Friday, Namibians from all walks of life gathered at Walvis Bay to celebrate the life and legacy of the late Nathaniel Maxuilili, a towering figure in the country's struggle for independence. The event was held in commemoration of his death 25 years ago. Maxuilili died on 23 June 1999 in a vehicle accident when an ambulance that was transporting him to the airport to be airlifted to Windhoek was involved in a head-on collision with a truck near Dune 7. Vice President Netumbo Nandi-Ndaitwah, while speaking at the event in Walvis Bay, praised Maxuilili as a fearless…
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Urgent public meeting to address brutal murders in Swakopmund

Urgent public meeting to address brutal murders in Swakopmund

Niël Terblanché To address the alarming rise in crime in the Mondesa area, the regional management of the Namibian Police in the Erongo Region will hold a crucial public meeting at the Multi-Purpose Centre of Swakopmund on Thursday. This meeting comes after a disturbing pattern of brutal murders, with at least one occurring each weekend over the past month, prompting concern among residents and law enforcement. The latest incident occurred early on Sunday morning, according to Chief Inspector Ileni Shapumba, the head of the community affairs sub-division in the region. The incident involved a violent altercation at the Strong Bar…
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Swapo failed to fulfil 2019 election promises

Swapo failed to fulfil 2019 election promises

Erasmus Shalihaxwe The deputy secretary general of the Swapo Party, Uahekua Herunga has admitted that the ruling party has failed to fulfil its promises made during the 2019 election campaigns. Herunga said this during an interview with the Windhoek Observer on the sidelines of the media briefing in Windhoek where Vipuakuje Muharukua announced that he is switching to Swapo from the Popular Democratic Movement on Tuesday. ‘’I am a believer in a success story, but obviously, it will not be 100 percent. The Swapo-led government has hugely succeeded, but that does not mean there are no challenges or shortcomings within…
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Industrialisation and value addition must boost job creation

Industrialisation and value addition must boost job creation

Niël Terblanché The Minister of Urban and Rural Development, Erastus Uutoni, has called on unemployed graduates, particularly in engineering and technical fields, to establish production factories. During a site visit to a tin and lithium mine near Uis in the Erongo Region last week, Uutoni stressed the critical need for Namibia to shift from merely exporting raw materials to industrialising its economy. He said that this transition is a key strategy to create jobs and lift thousands of Namibians out of poverty. “We cannot continue exporting our raw materials without adding value. We must move towards industrialization to create more…
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Shaningwa wants to bless Shalulile

Shaningwa wants to bless Shalulile

Stefanus Nashama The Swapo Secretary General's office has extended an invitation to national soccer player, Peter Shalulile to receive blessings and prayers for joining the party. Shalulile joined Swapo over the weekend. On Tuesday, the party's secretary general, Sophia Shaningwa, said she was waiting for Shalulile to visit her office to bless him so that he could do more for the country. “I am waiting for him to show up to my office to bless him with prayers so that he performs more for Namibia,” she said. Shaningwa also refuted allegations from opposition parties that Swapo pays celebrities to join…
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Rӧssing uranium records N$6.48 billion in revenue

Rӧssing uranium records N$6.48 billion in revenue

Martin Endjala Mines and Energy Minister, Tom Alweendo says the mining industry remains the bedrock of Namibia’s economy, contributing about N$6.4 billion in royalties and taxes in 2023, compared to N$4.2 billion in 2022. These statistics, he said, indicate that the mining industry remains the bedrock of the economy. Alweendo was speaking at the launch of the China National Nuclear Corporation (CNNC) Rӧssing Uranium 2023 Sustainability and Performance Report at the Windhoek Country Club Resort and Casino on Tuesday evening. “The good performance of Rössing Uranium is not success in isolation, but it is rather a part of a bigger…
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