National News – Page 315

12 Dec

MTC records income growth of N$3 billion in the 2023 Financial year

info_e12wt4csNational NewsMTC records income growth of N$3 billion in the 2023 Financial year

Martin Endjala Namibia’s leading mobile communications operator, Mobile Telecommunications (MTC), recently announced a substantial income growth of N$3 billion for the 2023 financial year, representing a 5.0 percent increase compared to the N$2.9 billion recorded in 2022 at a growth rate of 3.7 percent. These figures were revealed in the company’s consolidated results for the year ending on September 30, 2023, with a profit of N$1 million and earnings per share at 105.89 cents. MTC’s Managing Director, Licky Erastus, expressed optimism about the company’s future, emphasizing its commitment to providing exceptional services, innovative products, and solutions that will drive growth…

12 Dec

NEFF is disappointed with the LPM’s “copycats” remarks

info_e12wt4csNational NewsNEFF is disappointed with the LPM’s “copycats” remarks

Hertta-Maria Amutenja The Namibia Economic Freedom Fighters (NEFF) has expressed disappointment in remarks made by Landless People’s Movement (LPM) leader Bernardus Swartbooi, by labelling other political parties as copycats. The NEFF regarded Swartbooi’s remarks as a regrettable representation of Namibia’s alternative political landscape. The deputy leader of the NEFF, Iipumbu Kalimbo has challenged Swartbooi’s perspective, questioning whether the LPM itself could be considered a copycat due to its one-tribe dominance. “The recent remarks made by Swartbooi are a very sad representation of the alternative politics landscape in Namibia,” stated Kalimbo, while highlighting the party’s concern over Swartbooi’s narrative, which he…

12 Dec

President Geingob calls for international unity against corruption

info_e12wt4csNational NewsPresident Geingob calls for international unity against corruption

Niël Terblanché On the commemoration of International Anti-Corruption Day, President Hage Geingob called on the world to unite against corruption He stressed the devastating effects on disadvantaged and poor people and added that there is an urgent need for Namibia to be free of corruption. This global observance of International Anti-Corruption Day occurs on 9 December each year to raise awareness about the damaging impacts of corruption on societies and economies worldwide. This year’s theme, ‘UNCAC at 20: Uniting the World against Corruption,’ accentuates the importance of global collaboration in combating corruption. President Geingob stressed the significance of this milestone…

12 Dec

Prime minister encourages disaster risk preparedness

info_e12wt4csNational NewsPrime minister encourages disaster risk preparedness

Stefanus Nashama Prime Minister Saara Kuugongelwa-Amadhila, recognizing Namibia’s vulnerability to climate change, has stressed the importance of the disaster risk engagement communication strategy as a crucial element of risk preparedness. “We must pave the way for a paradigm shift in disaster risk management and adopt an approach that is steeped in proactive measures, vigilance, and robust communication strategies,” she said. The Premier made these remarks during the official launch of the awareness and communication strategy for disaster risk management in the capital recently. She reiterated that the platform’s objective is to enhance the national capacity to prevent, mitigate, prepare for,…

12 Dec

Chevron donation to boost resilience in Namibia

info_e12wt4csNational NewsChevron donation to boost resilience in Namibia

Niël Terblanché Namibia is keen to explore extended cooperation with the Russian Federation to finally lay the cornerstone for tangible industrialization. Russian Prime Minister Yury Trutnev, who also chairs the Intergovernmental Commission on Trade and Economic Cooperation, recently held talks with Netumbo Nandi-Ndaitwah, Namibia’s Deputy Prime Minister and Minister of International Relations and Cooperation. During these discussions, both leaders reiterated that Russia will play a crucial role in Namibia’s industrialization agenda and various areas of trade, including agriculture, mining, and health. Addressing the gathering, Nandi-Ndaitwah expressed Namibia’s eagerness to enhance cooperation with the Russian Federation across multiple domains. She stressed…

12 Dec

Nandi-Ndaitwah confident that Russia holds the key to industrialisation

info_e12wt4csNational NewsNamibia is keen to explore extended cooperation with the Russian Federation to finally lay the cornerstone for tangible industrialization.

Niël Terblanché Namibia is keen to explore extended cooperation with the Russian Federation to finally lay the cornerstone for tangible industrialization. Russian Prime Minister Yury Trutnev, who also chairs the Intergovernmental Commission on Trade and Economic Cooperation, recently held talks with Netumbo Nandi-Ndaitwah, Namibia’s Deputy Prime Minister and Minister of International Relations and Cooperation. During these discussions, both leaders reiterated that Russia will play a crucial role in Namibia’s industrialization agenda and various areas of trade, including agriculture, mining, and health. Addressing the gathering, Nandi-Ndaitwah expressed Namibia’s eagerness to enhance cooperation with the Russian Federation across multiple domains. She stressed…

08 Dec

Fishrot trial must proceed despite hiccups

info_e12wt4csNational NewsFishrot trial must proceed despite hiccups

Niël Terblanché The notorious Fishrot corruption trial in Namibia is set to continue today despite a variety of legal challenges and plea requests from the accused individuals. Acting High Court Judge Moses Chinhengo has ruled that the trial must resume, rejecting further postponements, as key figures in the case remain without legal representation. The trial started almost four years after the corruption saga was uncovered, The prominence of the accused persons in Namibian society, namely the political and financial landscape from whence they hail, has had severe negative effects on Namibia’s fishing industry and its profitability. The case also caused…

08 Dec

Namcor completes annual marine tanker offshore jetty drill test

info_e12wt4csNational NewsNamcor completes annual marine tanker offshore jetty drill test

Martin Endjala The National Petroleum Corporation (Namcor) has announced the successful conclusion of its Annual Marine Tanker Jetty Offshore Industrial Drill test. The drill, conducted in collaboration with the Namibian Port Authority (Namport), the Namibian Navy, Namibian Police Force, Walvis Bay Municipality Traffic Department and the Walvis Bay Fire brigade, took place at the Namcor offshore Tanker Jetty on 1 December 2023. Namcor Marketing, Communications and Public Relations Manager Paulo Coelho said that this year’s drill was centred around a comprehensive offshore emergency response procedure, covering firefighting, evacuation, search and rescue operations. He added that the objective was to evaluate…

08 Dec

Namibia Affirms commitment to combat corruption

info_e12wt4csNational NewsNamibia Affirms commitment to combat corruption

Hertta-Maria Amutenja Namibia, while commemorating International Anti-Corruption Day, reiterated its commitment to the continued fight against corruption. During the event held in Katima Mulilo this week, Director-General for the Anti-Corruption Commission (ACC) Paulus Noa, underscored the global initiative launched by the United Nations Convention against Corruption in 2003, emphasising the shared responsibility of individuals in putting an end to corruption. Noa stressed the significance of Namibia’s adherence to the Convention since 2006, with the ACC leading the annual commemoration of the International Anti-Corruption Day. The core mandate of the ACC, he asserted, includes the investigation of corruption allegations and taking…

08 Dec

Namfisa imposes cap on some medical aid…Medicial aid industry worth N$1.9 billion

info_e12wt4csNational NewsNamfisa imposes cap on some medical aid…Medicial aid industry worth N$1.9 billion

Staff Writer The Namibia Financial Services Supervisory Authority (Namfisa) has embarked on proactive measures aimed at securing the long-term sustainability of the medical aid fund industry. In response to the escalating challenges posed by rising medical aid contribution rates, Namfisa says it is dedicated to members’ well-being and industry sustainability, and has implemented a temporary cap on some funds’ annual contribution increases, limiting it to a single-digit percentage (maximum increase of 9.99%). The industry has been given until 20 March 2024, to submit additional contribution increase applications along with realistic medium-term strategies to address the sustainability of the funds. Namfisa…