Observer Money – Page 203

10 Jul

NPTH appoints subsidiary boards

info_e12wt4csObserver MoneyMobile Telecommunications Ltd, MTC, Namibia Post Limited, NamPost, Telecom Namibia Limited (Telecom)

. . . as Festus Hangula is re-appointed at NamPost Staff Writer The Namibia Post & Telecom Holdings (NPTH) has appointed temporary subsidiary Boards for a period of three months, effective 08 July 2020 until 08 October 2020. NPTH is the 100 percent shareholder of Telecom Namibia Limited (Telecom), Namibia Post Limited (NamPost) and Mobile Telecommunications Ltd (MTC). “The temporary appointments were based on the required skills blend, individual qualifications, industry expertise and technical knowledge, which factors informed the composition of the said Boards. The skills and experience of these individuals complements the current Boards, which are set for companies…

07 Jul

Veterans call for expulsion of LPM leaders from Parliament

info_e12wt4csObserver MoneyFounding President Sam Nujoma, Namibia National Veterans Association (NNLVA)

Andrew Kathindi The Namibia National Veterans Association (NNLVA) has called for the Landless People’s Movement (LPM) leader, Bernadus Swatbooi , to be removed from Parliament. This follows his remarks regarding Founding President Sam Nujoma. Swartbooi called the Founding President “thug” and a “liar” in a heated debate in parliament, statements which drew condemnation from the Office of the Founding Father. “We therefore request the honorable Speaker of the National Assembly and his duty to apply the Chamber’s code of conduct and lay charges against the two LPM leaders, namely Bernadus Swartbooi, and Henny Seibeb in particular, for their possible immediate…

07 Jul

Fishcor board appointed

info_e12wt4csObserver MoneyLeon Jooste, Minister of Public Enterprises

Staff Writer Minister of Public Enterprises, Leon Jooste, has announced the appointment of a temporary Fishcor board, two months after the previous board term expired. The Fishcor board, which will serve for six months until January 2021, will be chaired by former Executive Director at the African Development Bank Group, and Communications Regulatory Authority of Namibia board chairperson, Heinrich Mihe Gaomab II. Other board members include Kalahari Holdings Director and Social Security Commission's Executive Officer, Milka Mungunda. Former Magistrate, Ruth Herunga, and University of Namibia Department of Agriculture and Natural Resources Head, Dr. Penny Hiwilepo van Hal, are two members…

03 Jul

Schools to reopen Monday

info_e12wt4csObserver MoneyErongo, Ministry of Education, Swakop, Walvis Bay

Andrew Kathindi The Ministry of Education has reiterated its decision to re-open schools on Monday 6 July, following a 2-week delay in its initial phase in plan after a learner in Mariental tested positive for COVID-19 last month. The basic education minister, Anna Nghipondoka told Parliament on Thursday that aside from one region, schools countrywide were ready to resume face-to-face teaching on Monday. “The main concern we have is grade 11 and 12, especially in Erongo because now we are only having 6 schools, 4 in Erongo and 2 in Omusati that cannot open. In Erongo, Swakop and Walvis are…

03 Jul

Nujoma caught in crossfire – KK

info_e12wt4csObserver MoneyDoreen Sioka, Kazenambo Kazenambo, Landless People’s Movement (LPM), Nahas Angula, Sam Nujoma, SWAPO

Staff Writer Former Youth minister, Kazenambo Kazenambo says the public anger directed at Landless People's Movement (LPM) leader, Bernadus Swartbooi is misdirected, as he is not causing division but his actions are simply a symptom of the greater disunity in the country. This comes after Swartbooi was heavily criticized by former Prime Minister Nahas Angula, who accused the firebrand leader LPM leader of dividing the nation. This berating follows the LPM MP’s his incendiary comments about Founding President Sam Nujoma. In response to arguments made by Swapo MP, Doreen Sioka, he disparaged the Founding President’s book and called the author…

01 Jul

UN advisor forecast 14,000 cases for Namibia

info_e12wt4csObserver MoneyAlladji Osseni, Health Minister Kalumbi Shangula, UNAIDS Senior Strategic Information Adviser

...as 80 cases are recorded in one day Andrew Kathindi A United Nations official has warned that rising Covid-19 cases could reach 700 for the Erongo region alone and 14,000 countrywide if things continue as they are. This comes as Namibia recorded its highest number of positive COVID-19 cases in a single day with 80 new cases announced on Wednesday by Health minister Kalumbi Shangula. Currently, Walvis Bay has seen the highest number of cases, however, in recent days; cases have begun to pop up in Oshana, Zambezi, Hardap and //Karas, some without an identified contact case. “Data shows with…

01 Jul

Govt strikes deal with NovaNam

info_e12wt4csObserver MoneyAlbert Kawana, Fisheries Minister

Staff Writer Government on Tuesday evening struck a deal with NovaNam Fishing Company, where it agreed to allocate additional quota to the Luderitz based company, allowing 1,800 of its permanent workers who had been sent on forced leave to return to work. Fisheries minister, Albert Kawana confirmed the development but was tightlipped on the details of the agreement. “We have allocated them an additional quota and the workers should be able to return to work,” he told the Windhoek Observer. NovaNam Managing Director, Edwin Kamatoto could not be reached by the newspaper for comment and calls made to his mobile…

01 Jul

MTC unveils N$101,7m sponsorships

info_e12wt4csObserver MoneyMTC, MTC Windhoek Fashion Week, Netball

Staff Writer MTC on Tuesday unveiled sponsorships totalling N$101,700,000 to 14 different beneficiaries, across 7 different sports codes which includes Soccer, Horse Racing, Boxing, Rugby, Hockey, Netball and the Youth Games over a 3 year period. In boxing, MTC chose to maintain its relationship with the MTC Nestor Sunshine and Salute Boxing Academies by giving them an N$1 million dollar per annum, an increase from N$1,750,000 to N$2,750,000. MTC Kilimanjaro Boxing received an increase of N$100,000 per annum from N$400,000 to N$500,000. In football, MTC will continue its relationship with the annual Dr Hage Geingob Cup, giving the event an…

01 Jul

Retrenchments could spell trouble for CoW

info_e12wt4csObserver MoneyCity of Windhoek, Covid-19, Samuel Mutonga

Andrew Kathindi City of Windhoek (CoW) has warned that the city could be headed for trouble if retrenchments continue. The City’s Acting Strategic Executive for Finance and Customer Services, Samuel Mutonga said although CoW would be minimally affected by recent job loses as the majority of those losing jobs come from the informal settlements – a low contributor to the City’s revenues —but if the trend is extended to Windhoek’s middle and upper class, the development could spell trouble for the municipality. This comes after numerous companies around the country have been notifying their employees on their intentions to slash…

01 Jul

NovaNam sends 1,800 employees home

info_e12wt4csObserver MoneyLüderitz, NovaNam Fishing Company, Walvis Bay

Staff Writer NovaNam Fishing Company has sent home 1,800 permanent workers on forced leave attributing the move to government’s decision to halve its fishing quota. Although the Windhoek Observer could not confirm the fishing company’s previous allocation, sources said the company had notified workers on Monday that they should stop reporting for work until it concludes negotiations with government over the slashing of its allocation. “Nobody knows when we’re coming back; they said they need to talk to government. That is why when they told us to go home; they didn’t put up a due date when we can resume…