Observer Money – Page 206 – Windhoek Observer

13 May

Haufiku in appointment limbo

ObserverObserver MoneyBernard Haufiku, Covid-19, Ministry of Health and Social Services

Andrew Kathindi The National Coordinator for the response to COVID-19, Dr Bernard Haufiku, has still not received his appointment letter, nearly two months after his assignment to the position. Haufiku, who is the former Minister of Health, was appointed prior to Stage 1 of the national lockdown as the National Coordinator for the Covid-19 task force and emerged as the face of the response team, giving frequent updates on national statistics with regard to COVID-19. However, it is believed that Haufiku’s candid approach to how government handles the response including admitting the slow testing pace, has increased his credibility among…

12 May

Geingob drawn into CoW fight

ObserverObserver MoneyACC Director General, Paulus Noa

...as ACC declines to investigate appointment Staff Writer President Hage Geingob again has been entangled in the fight between the City of Windhoek (CoW) Chief Executive Officer (CEO), Robert Kahimise and the city council over its decision to reappoint City Police Chief Abraham Kanime on a three year contract. This comes after the CoW Chief Executive Officer wrote to the President on Friday asking for his intervention after the Swapo led council pushed through the appointment of Kanime despite a contradicting legal opinion and objection from Kahimise, who is the municipality’s chief accounting officer. When contacted for comment, Kahimise was…

12 May

BoN investigating WhatsApp Stokvel

ObserverObserver MoneyBank of Namibia (BoN), WhatsApp Stokvel

Staff Writer The Bank of Namibia (BoN) says it is still investigating whether the trending WhatsApp Stokvel are legal under the existing country’s banking laws. This comes as Namibians have been joining the stokvels as a means of making additional income under the harsh economic conditions persisting in the country. “Recently, the Bank has picked up a trending WhatsApp Stokvel, which it is assessing to determine whether it is permissible under the relevant provisions of the Banking Institutions Act of 1998, as amended,” BoN’s Deputy Director: Corporate Communications, Kazembire Zemburuka told the Windhoek Observer. He said the current laws does…

12 May

New appointments at CPBM

ObserverObserver MoneyCentral Procurement Board of Namibia (CPBN)

Staff Writer The Central Procurement Board of Namibia (CPBN) on Monday announced the appointment of 14 new staff members to fill vacant positions at the body tasked with leading the procurement process on behalf of government. Among those appointed are Saara Shapua who is now the CPBN’s Manager of Internal Procurement and Aune Ndeutepo who was appointed Manager of Finance and Administration. This comes after the organization was engulfed in a tribalism storm last year after it was reported that allegedly non-Oshiwambo-speaking employees at the CPBN were being removed by a group within the organization for supposedly being “unamenable to…

09 May

N$500m required for e-learning

ObserverObserver MoneyArts and Culture, Covid-19, Ministry of Education

Andrew Kathindi The Ministry of Education needs N$500 million to fully implement its e-learning needs to cater for learners whose normal learning schedule has been disrupted by COVID-19. Deputy Director of Information Technology in the Ministry of Education, Arts and Culture, Johan van Wyk, told Windhoek Observer that the ministry has submitted a request to government for a COVID-19 stimulus package and has also submitted a request within its normal ministry budget process. “For an end-to-end package and what we would need for all solutions, not just data, although internet will be the most important part, we are looking at…

09 May

Govt weighs MTC listing plans

ObserverObserver MoneyCovid-19, Government, Mobile Telecommunications Limited, MTC, Namibian Stock Exchange, NSX

Staff Writer Government could be forced to review the set timelines and defer the listing of Mobile Telecommunications Limited (MTC) due to COVID-19 outbreak, for what was to be the country’s biggest listing of a Namibian company on the Namibian Stock Exchange (NSX). According to the initially announced timelines, MTC was expected to be listed on the bourse by July 2020, after having submitted its listing application to the Namibian Stock Exchange (NSX) by February 2020, with the opening date for its public offer having been set for March 2020 and closing in June 2020. “We are discussing the matter…

08 May

Govt measures won’t save economy -NEF

ObserverObserver MoneyDaan Strauss, Namibia Employers’ Federation (NEF)

Andrew Kathindi The Namibia Employers’ Federation (NEF) says the relief package announced by Social Security Commission (SSC) and the N$8.1 billion Ministry of Finance stimulus package are not enough to rescue the economy and businesses negatively affected by the outbreak of COVID-19 and the lockdown. This comes as the tourism sector, which was meant to benefit from government funding promised by the Ministry of Finance, is yet to receive its allocated N$400 million subsidy. “I think the relief packages announced by Finance and SSC were targeted where the most urgent needs are, and that was for the poorest of the…

08 May

N$220m informal settlements windfall

ObserverObserver MoneyGerman, Government, National Planning Commission, Shack Dwellers Federation of Namibia

Staff Writer The German government will contribute over N$220 million towards addressing the country’s informal settlement problem. The funding will be provided under a wider N$700 million grant aimed at improving the living conditions in the country’s sprawling informal settlements. It will also seek to improve access to land title for the residents. “To address the urgent need for action in the informal urban settlements, Germany also committed N$100 million for technical cooperation for sustainable and inclusive urban development as well as N$120 million for financial cooperation (grants) for the promotion of urban infrastructure. These projects are aimed at supporting…

07 May

Ministry cuts funding to private schools

ObserverObserver MoneyMinistry of Education, private schools, Sanet Steenkamp

Andrew Kathindi The Ministry of Education has discontinued funding private schools after discovering it was not uniformly done. Education ministry executive director Sanet Steenkamp said the ministry put a stop to funding after discovering that certain conditions for funding, such as providing scholarships for 10 percent of its enrollment to vulnerable children, was not being met. Some private schools were also heavily reliant on the subsidy and could not prove that they were self-reliant. N$87 million per annum was dispersed to private schools in the past. Steenkamp said that while the economic downturn of the last three years has also…

07 May

Nampol welcomes alcohol ban

ObserverObserver Moneyalcohol, Deputy-Commissioner, Kauna Shikwambi, NAMPOL, NAMPOL Spokesperson

Staff Writer The Namibian Police Force (NAMPOL) has welcomed the newly amended government regulations which have imposed a total ban on the sale of alcoholic beverages during the on-going lockdown, reversing earlier regulations which had allowed alcohol with a content below 3 percent to be sold. Under the new gazetted regulations, liquor is now defined as any spirits, wine, beer, cider or other beverage containing alcohol intended for human consumption, excluding alcohol intended to be used for medicinal purposes. “The amended regulations make it easier for us to enforce the lockdown and we are glad the leaders heeded to our…