Observer Money – Page 190 – Windhoek Observer

28 Aug

‘Good riddance’: Shaningwa on resignations

ObserverObserver MoneyAffirmative Repositioning (AR), Job Amupanda, Knowledge Iipinge, Panduleni Iitula, SWAPO

Andrew Kathindi Swapo party Secretary General (SG) Sophia Shaningwa has said good riddance after a number of opinionated, outspoken youthful members, including Job Amupanda, officially resigned as members of the ruling party on Wednesday. The Affirmative Repositioning (AR) leader along with a number of former Swapo party youth league members, including Walvis Bay constituency councilor Knowledge Iipinge, officially left the party in a coordinated effort on Heroes’ Day, attributing their decision to not wanting to be associated with the “corrupt” Swapo party. Shaningwa, however, welcomed their departure, stating that it was a “headache off her shoulders as a Secretary General…

26 Aug

Tourism revival measures announced

ObserverObserver MoneyCovid-19, Forestry and Tourism, Immigration, Minister of Health and Social Services, Minister of Home Affairs, Ministry of Environment, Safety and Security

Staff Writer The Ministry of Environment, Forestry and Tourism has announced protocols guiding the international tourism revival initiative which comes into effect next month. The initiative is a government plan aimed at providing a lifeline to the country’s tourism sector which is on the verge of collapse due to the closure of the borders as part of measures to curb the spread of COVID-19. This announcement comes after two failed attempts by government to open the borders to international tourist arrivals due to increases in infection rates in different parts of the country. In addition, the working group of the…

26 Aug

No special treatment for Fishrot seven . . . as Windhoek Central Prison cases break 100

ObserverObserver MoneyCommissioner General, COVID, Erongo, Henties Bay, Raphael Hamunyela, Windhoek Central Prison

Andrew Kathindi Head of the Namibian Correctional Service (NCS) Commissioner General, Raphael Hamunyela has ruled out any special treatment for the Fishrot seven amid rising COVID-19 cases at Windhoek Central Prison where they are currently incarcerated. “Our mandate is to ensure the safe, secure and humane custody of inmates. We do not mistreat any person. And we also do not offer special treatment to any intimate. All the people, when they come to the correctional service are treated equally. You are just an inmate; you are not given any other title,” Hamunyela told Windhoek Observer. He added that the high-profile…

25 Aug

Corona disrupts RDP corruption investigations

ObserverObserver MoneyHealth Minister Kalumbi Shangula, Rally for Democracy and Progress (RDP)

Andrew Kathindi President of the Rally for Democracy and Progress (RDP) Mike Kavekotora has said that the party’s internal investigations of party members Brunhilde Cornelius and Nicanor Ndjoze, who are fingered in bribery allegations, have been disrupted by the recently imposed travel restrictions in Windhoek. Last month, Cornelius, who is the RDP Secretary General and City of Windhoek (CoW) councilor, claimed in a report by Al Jazeera that Ndjoze, RDP’s secretary for transport had offered her a bribe so that she would not oppose a 5G partnership between the City of Windhoek and Chinese mobile giant Huawei. “We have asked…

25 Aug

Police warn over rising COVID cases . . . as Windhoek numbers continue to rise

ObserverObserver MoneyKhomas regional police commander Joseph Shikongo

Andrew Kathindi Khomas regional police commander Joseph Shikongo has warned that if residents don’t adhere to curfew rules, the president could issue new rules that would take the city back to stage 2 of the State of Emergency lockdown. The entire country is currently in Stage 3 of the lockdown. However on 12 July, Erongo and Khomas had to adhere to a curfew from 20H00 to 05H00 as decided by President Hage Geingob after cases in the capital city began to rise at an alarming rate. “Right now, there is no guarantee. I had a meeting with the governor of…

21 Aug

Standard Bank relaunched the Buy-a-Brick Footprint

ObserverObserver MoneyBuy-a-Brick Footprint Socks, Covid-19, Namibia, Standard Bank, Standard Bank (SBN)

Staff Writer Standard Bank (SBN) has relaunched the Buy-a-Brick Footprint Socks campaign which is intended to raise funds for the construction of houses for Namibia’s shack dwelling community. The campaign was initially launched in March this year to mobilize schools in the nationwide effort to raise funds for the construction of low cost house but had to be suspended due to the Coronavirus (covid-19) pandemic. However, despite the prevalence of Covid-19, Standard Bank deemed it necessary to relaunch the campaign to shine light on the plight of the shack dwellers community by raising funds through the selling of the Footprint…

21 Aug

Church tax still under consideration

ObserverObserver MoneyCouncil of Churches of Namibia (CCN), Finance Minister Iipumbu Shiimi, Ministry of Finance

Andrew Kathindi Ministry of Finance says plans to tax churches remains under considering two years on, with Finance minister Iipumbu Shiimi still to pronounce himself on the way forward. This comes after then finance minister Calle Schlettwein had stated in 2018 during his Budget Speech plans to probe Section 16 of the Income Tax Act to include taxing religious organisations such as churches. “The proposal is still on the cards but not yet tabled to parliament as consultation with the new Minister on this particular amendment is yet to be done,” finance ministry spokesperson, Tonateni Shidhudhu told the Windhoek Observer.…

21 Aug

Asset manager courts GIPF for Ohorongo buy . . . as IDC plans exit

ObserverObserver MoneyGovernment Institutions Pension Fund (GIPF), NaCC, Namibia Competition Commission (NaCC), Ohorongo Cement, Schwenk Namibia (Pty) Ltd

Staff Writer The Government Institutions Pension Fund (GIPF) has received an unsolicited proposal from one its asset managers seeking financial backing for its plans to acquire Schwenk Namibia (Pty) Ltd, the company which owns and operates the Ohorongo Cement factory. The cement company is now back on the market after the Namibia Competition Commission (NaCC) this month blocked West China Cement Limited from acquiring the business for N$1.5 billion citing the proposed acquisition could be uncompetitive since West China Cement Limited is a majority shareholder in Cheetah Cement, a move which could enable possible collusion and price fixing to the…

20 Aug

BoN forecast 7.8% domestic economy contraction

ObserverObserver MoneyBank of Namibia, BoN Governor Johannes !Gawaxab, Covid-19

Staff Writer Bank of Namibia (BoN) has forecasted the domestic economy to contract by 7.8 percent in 2020 before a moderate recovery of 2.1 percent in 2021. “The COVID-19 pandemic has caused domestic economic activity to contract severely during the first six months of 2020. The slump was reflected in sectors such as mining, agriculture, manufacturing, construction, tourism, wholesale and retail trade as well as transport and storage. Activity in the telecommunication and local electricity generation subsectors, however, showed some improvements in the first half of 2020 compared to the same period in 2019,” BoN Governor Johannes !Gawaxab announced on…

20 Aug

Education Ministry consults on next step . . . As ED rules out full e-learning

ObserverObserver MoneyCovid-19, education executive director Sanet Steenkamp, Ministry of Education Arts and Culture

Andrew Kathindi After several failed attempts to restart the school year for all levels, the Ministry of Education Arts and Culture has begun consulting schools and unions on the way forward ahead of all grades reopening on 31 August 2020. This comes as the Ministry has posed several questions to schools, unions, parents, community members and stakeholders in a survey as part of an attempt to get a better understanding of where everyone stands regarding the issue of school re-openings. “We looked at what happens after August 31 in terms of school resumption for face-to-face learning. What is it that…