National News – Page 396

06 Feb

Namibia to reduce duration of business registrations

info_e12wt4csNational NewsBusiness and Intellectual Property Authority(BIPA)., Lucia Iipumbu, Namibia to reduce duration of business registrations

Martin Endjala The Minister of Industrialization and Trade, Lucia Iipumbu today said that due to outdated laws, business processes and procedures have been hampered, while also stating that they do not speak to the current environment and have been a hindrance towards the ease of doing business in Namibia. According to the minister, Namibia performed poorly in terms of ease of doing business rankings. This, she said is due to a number of challenges, of which one is the number of days it takes to start a business. Iipumbu made comparisons with South Africa, Botswana and Rwanda. She says while…

03 Feb

OTA poised for another Paramount Chief

info_e12wt4csNational NewsOTA poised for another Paramount Chief, Ovaherero Traditional Authority (OTA)

Staff Writer The Ovaherero Traditional Authority (OTA) is poised for another and second Paramount Chief (PC) with the elections scheduled tomorrow in Otjimbingue. This is after another group last year already elected and inaugurated in the same position, Mutjinde Katjiua, to replace the late late Vekuii Rukoro. The OTA calls its chief Paramount Chief, which is permissible in terms of the Traditional Authorities Act of 2000, for any authority to call its leader by her/his preferred title. But in terms of the Traditional Authorities Act of 2000, the OTA chief is equal to all chiefs of other traditional authorities recognised…

03 Feb

LPM petitions against CPBN

info_e12wt4csNational Newse Central Procurement Board of Namibia, LPM petitions against CPBN

Martin Endjala The Landless Peoples Movement have submitted a petition calling on the Central Procurement Board of Namibia to submit solutions on accountability, fairness and inclusion for all, in the interest of all citizens. The petition was handed over today by LPM former Windhoek Mayor Sade Gawanas who said that “as the citizens of the Republic of Namibia and the members of the people’s movement and as undersigned eligible voters of Namibia in accordance with the constitution of this country. Petition for the procurement board of Namibia, to submit the following solutions in the interest of accountability, fairness and inclusion…

03 Feb

Namibia to highlight investment opportunities

info_e12wt4csNational NewsAfrican Mining Indaba, Namibia to highlight investment opportunities, Tom Alweendo

Staff Writer The Ministry of Mines and Energy says that Namibia will be showcasing the country’s investment opportunities in the mining sector at the 2023 Invest in African Mining Indaba, which will be taking place in Cape Town, South Africa from 6th to 9th February 2023. In its 28th year, this premier event brings together industry leaders, investors, and government representatives to discuss the future of Africa’s mining sector. “The Invest in African Mining Indaba presents a unique opportunity for Namibia to exhibit her investment prospects in the mining sector to a worldwide audience, while amplifying our commitment to sustainable…

03 Feb

Learners from Germany indulge Namibian fellows

info_e12wt4csNational Newse St. Barnabas Primary School in Katutura, Learners from Germany indulge Namibian fellows

Staff Writer Wednesday was a fun day of sort at the St. Barnabas Primary School in Katutura in the Katutura Central Constituency of Namibia’s Khomas Region. As learners of the school mingled with 14 of their fellow learners from the friendly twinning Theodor-Heuss Gymnasium (THG) from Aachen, Germany, a spa city near Germany’s borders with Belgium and the Netherlands. It is for the fourth time that the learners are visiting St. Barnabas to continue a relationship dating back to 2012, and which has been going from strength to strength. This year’s visit by some THG’s teachers, management members, and Grade…

02 Feb

Don’t ask me about phones- Nghipondoka

info_e12wt4csNational NewsAnna Nghipondoka, Don’t ask me about phones- Nghipondoka, r Henny Seibeb

Staff Writer The Minister of Education, Arts and Culture, Anna Nghipondoka said she will not be discussing matters related to parliamentarians receiving iPhones. “Do not ask me about phones I am not aware of phones being given to parliamentarians,” she said when contacted for comment. Not too long ago Nghipondoka made headlines when she addressed stakeholders during the official announcement of Grade 11 and 12 results at Eenhana, where she questioned why teachers were unable to buy laptops for themselves. Ironically, the minister will be among the MPs to receive gadgets, under the guise that MPs cannot afford to buy…

02 Feb

MEFT receives firefighting machines from Old Mutual

info_e12wt4csNational NewsMEFT receives firefighting machines from Old Mutual, Old Mutual Foundation

Martin Endjala Following recent veld fire reports in the country, the Old Mutual Foundation has donated firefighting equipment valued at N$145 000 to the Ministry of Environment, Forestry and Tourism(MEFT) in support of extinguishing veld fires. The fires are reported to be seasonal during the months of July and October. After engagements with the ministry, the Old Mutual Foundation says it partnered with AGRA Limited and sponsored five firefighting machines to assist the regions where veld fires tend to occur. AGRA offered a total discount on the five machines to the value of N$40 000. “What we have witnessed in…

02 Feb

Rundu San learners get temporary make-shift classes

info_e12wt4csNational Newse Siguruguru village, Rundu San learners get temporary make-shift classes

Martin Endjala A collective effort by community members of the Siguruguru village saw three temporary structures made out of corrugated iron sheets erected this week, aimed at accommodating San learners who were stranded. The Satellite school is however still in need of ablution facilities. The Siguruguru village san community has been without access to education for quite some years now and through the Rundu council, community members expressed their concerns and collectively came together to erect structures for the san learners. According to the Rundu constituency councilor Paulus Mbangu, the council upon hearing this pushed for the satellite school to…

02 Feb

Retirement funds assets dip in the third quarter of 2022

info_e12wt4csNational NewsNamfisa Quarterly Statistical Report, Retirement funds assets dip in the third quarter of 2022

Tujoromajo Kasuto Namfisa Quarterly Statistical Report says that the value of retirement fund assets decreased during the third quarter of 2022 on both a quarterly and annual basis. The authority notes that the quarterly decline in investments is mostly reflected in the negative performances in equity and debt markets due to inflationary and interest rate pressure. Additionally, the report reveals that the geographical allocation of investments also changed during the quarter. “Investments held in the CMA and Africa regions decreased to 19.5 percent and the industry’s domestic investment holdings decreased to 50.6 percent and remained in line with the 45.0…

Stark decline in business<br>registrations – BIPA

01 Feb

Stark decline in business
registrations – BIPA

info_e12wt4csNational NewsBIPA Chief Executive Officer Vivienne Katjiuongua, Stark decline in business registrations - BIPA

Martin Endjala The Business Intellectual Property Authority (BIPA) has recorded an overall decline of business registration by 7.3 percent compared to the 2021 calendar year. According to BIPA Chief Executive Officer Vivienne Katjiuongua, BIPA recorded a total 12 666 registrations on its business register for the period of January to December 2022, of which 11 130 are Close Corporations (CC’s) and 1 153 are Companies. She says 318 registrations were for Section 21 Companies (Associations Not For Gain), 49 were defensive names and 16 were foreign companies. This number Katjiuongua said, shows a decline by 7.3 percent from the same…