National News – Page 363 – Windhoek Observer

14 Jun

DBN provides seed capital for youth

ObserverNational NewsDBN cheque was handed to Deputy Minister of Sport, Deputy Minister of Sport, Kuugongelwa- Amadhila, Youth and National Service Emma Kantema-Gaomas

Staff Writer The Development Bank of Namibia (DBN) has provided N$8 million to finance 28 rural youth enterprises. The DBN cheque was handed to Deputy Minister of Sport, Youth and National Service Emma Kantema-Gaomas to provide seed capital to 28 start-ups during a ceremony witnessed by the Prime Minister Saara Kuugongelwa-Amadhila. Speaking about the significance of the initiative at the official hand-over ceremony Kuugongelwa- Amadhila said that the 28 enterprises are part of a wider initiative to provide funding to 121 rural youth enterprises. She said funding for youth enterprises is an important component of Namibia’s goal to achieve sustainable…

14 Jun

LPM youth league to protest against GBV at Rehoboth

ObserverNational NewsDuminga Ndala, Landless People’s Movement Youth League, LPM Youth League leader Duminga Ndala, LPM youth league to protest against GBV at Rehoboth

Martin Endjala The Landless People’s Movement Youth League will be staging a demonstration to call out the Police in their ability to reduce Gender-Based Violence in the country. The demonstration is calling for the arrest of the culprits involved in the gruesome murder of 28-year-old Charmaine Saron who was killed Thursday night. Speaking to Windhoek Observer today, LPM Youth League leader Duminga Ndala, expressed her sorrow saying to date the country still continues recording the horrible and inhuman cases of GBV. The suspects in the gruesome murder of Saron are not yet known and that it has become a norm…

14 Jun

Father accidentally shoots son in attempt to kill cat

ObserverNational NewsFather accidentally shoots son in attempt to kill cat, Moses Simaho, Omulamba location, Onanyalala Village, Otamanzi constituency, Paulus Makwa

Tujoromajo Kasuto 16-year-old Paulus Makwa was accidently shot by his father at the Anangombe village on Sunday in the Onesi Constituency in the Omusati Region. Makwa Thomas was allegedly shooting a cat for allegedly killing two of his chickens. According to the regional crime investigations coordinator deputy commissioner Moses Simaho the father was using a shotgun to shoot the and in the process one bullet struck the child on the right leg and he sustained serious injuries. Fortunately, Makwa was treated at the Onesi health centre and referred to Tsandi district hospital and is currently in a stable condition. No…

14 Jun

Old Mutual invests in housing development

ObserverNational NewsN$300 million, Old Mutual Investment Group Managing Director Lionel Kannemeyer, Old Mutual invests in housing development

Martin Endjala The Old Mutual has so far sourced out more than N$550 million for a new Infrastructure Fund. The company has invested more than N$200 million in land servicing projects in Windhoek, Swakopmund, Otavi and Walvis Bay. A further N$300 million for combined land servicing and affordable housing were invested in Otjiwarongo with 300 plots developed and 292 houses to be delivered. In Rundu 116 erven and more than 32 housing units delivered and in Mariental 56 plots were developed anew and 206 houses completed. This was revealed by the Old Mutual Investment Group Managing Director Lionel Kannemeyer over…

11 Jun

MIT to train 375 entrepreneurs

ObserverNational NewsElijah Mukubond, Entrepreneurship Technology Office (EMPRETEC), MIT to train 375 entrepreneurs, RAISSO Book Society

Obrein Simasiku The Ministry of Industrialisation and Trade (MIT) will undertake regional training to capacitate unemployed youth with basic entrepreneurial development skills. The training will be done through its Entrepreneurship Technology Office (EMPRETEC) programme. MIT's chief information officer Elijah Mukubonda, said RAISSO Book Society, an association of unemployed youth mainly volunteers, requested the Ministry to conduct training for its active members involved in different socio-economic activities in the region. MIT will take this very important training to all 14 regions focusing specifically with the development of business plans and other necessary documentations essential to enable the youth to access funding…

11 Jun

Namibia advances eight places on small businesses index

ObserverNational NewsGlobal Ecosystem Index for Small Businesses, Namibia advances eight places on small businesses index, Start-Up Namibia

Tujoromajo Kasuto Namibia’s start-up companies, although in their infancy, show promise for the future, as the country continues its growth trajectory, improving its position by eight places to rank 91 overall after joining the Global Ecosystem Index for Small Businesses in 2021. It is ranked second in Southern Africa and eleventh in Africa, up two positions from 2021. A start-up company is a newly formed business with particular momentum behind it, based on perceived demand for its product or service. The intention of a start-up is to grow rapidly as a result of offering something that addresses a particular market…

11 Jun

Bank Windhoek leading Namibian brand surge

ObserverNational NewsAfrica’s Best Brands, Bank Windhoek leading Namibian brand surge, Brand Africa, Carmen-Rae Bridgens

Martin Endjala Bank Windhoek continues to make strides in impacting community lives, driven by its aspirations in collaborating with its partners, has proven to have positively impacted the community through Its various interventions in which the Bank has reaffirmed that it is fully committed in providing an inclusive satisfactory living standards for its clients and its community. Bank Windhoek’s Head of Brand Marketing, Carmen-Rae Bridgens, said this during the Brand Africa recognition of Bank Windhoek, as the most Admired Namibian Financial Services Brand, at an annual event hosted in Windhoek, which unveiled the leading brands in Namibia for 2022. Bank…

11 Jun

Namibian brands recognised in Africa

ObserverNational NewsBank Windhoek, Mshasho (#1 Apparel), MTN, Namibian brands recognised in Africa

Martin EndjalaMTC and Telecom won the number one overall telecommunications, while NBC won the overall Media, Namibmills (#1 Consumer), Bank Windhoek (#1 Financial Services), Mshasho (#1 Apparel), Nammilk (#1 non-alcoholic beverages) and Windhoek Lager (#1 alcoholic beers) are the leading Namibian brands by category. MTC was also named the Number One brand that symbolizes African pride. The local results edition follows the global release of the 12th annual Brand Africa 100: Africa’s BestBrands 2022 rankings of the Top 100 most admired brands in Africa which was unveiled on 25th May2022, Africa Day, in Lagos, Nigeria. During the Africa event in…

10 Jun

‘Caprivi’ group says no threat to peace

ObserverNational NewsAlufea Sampofu, Edwin Samati, Mishake Muyongo, ‘Caprivi’ group says no threat to peace

Obrein SimasikuThe Caprivi Concerned Group says they are advocating for dialogue and a referendum in the Zambezi Region and is no threat to peace, security and stability of the country. They were responding to accusations by the Regional Governor in his State of the Region Address that they are advocating, campaigning and mobilizing for the banned United Democratic Party (UDP) of Mishake Muyongo.Alufea Sampofu said that the actions of the group ‘’are aimed to secede the Zambezi Region from the rest of Namibia, thus destabilizing peace, stability and security of the country. Some of the returnees from Dukwi-Botswana are also…

10 Jun

Katima ropes in “Redforce” to recoup N$145 million debt

ObserverNational NewsKatima ropes in "Redforce" to recoup N$145 million debt, Raphael Liswaniso, Redforce Debt Collection

Obrein Simasiku The Katima Mulilo Town Council has enlisted the services of Redforce Debt Collection to assist in collecting the soaring N$145 million debt owed to it by the residents in water, land, rates and taxes. Redforce is contracted for five years and is expected to recover 100 percent outstanding debt. Approximately 80 percent of residents are defaulters, out of a total of 7200 ratepayers inclusive of residential and businesses. "At the moment we do not have a definite number of indebted households as we are still busy sorting and enlisting them, but certainly they are over 3000. This includes…