Uncategorised – Page 39

15 May

Ministers paid pennies – Shiimi

info_e12wt4csUncategorised089 185 per annum, Iipumbu Shiimi, Ministers paid pennies - Shiimi, N$1

Kandjemuni Kamuiiri and Tujoromajo Kasuto Finance Minister, Iipumbu Shiimi, says Government has no plans to cut salaries of ministers as part of cost cutting measures as they are already paid pennies compared to managers in the private sector. This is in response to whether ministers will be taking salary cuts in solidarity with thousands of Namibians whose salaries were cut by half due to the economic strains brought on by the COVID-19 pandemic. “Government employees don’t get paid much compared to the private sector. We have discussed it but it will not be considered because it would not be beneficial…

12 May

Matching your insurance to a tight budget

info_e12wt4csUncategorisedFinance minister, Namibia

Staff Writer In tough times the temptation to cut spending, especially on insurance costs, can become overwhelming. As the budget squeezes, insurance is usually the first casualty. Maintaining essential cover in tough times, however, can save money and avoid unforeseen losses, especially when there is simply no more cash in the kitty. We live in a time of plummeting national income, increased administration costs, and every likelihood of an increased individual tax burden. In these tough times, just as the Finance Minister is taking a good, hard look at Namibia’s spending priorities, individual policyholders are encouraged to do the same…

08 May

Lack of class consciousness legacy of opportunism during liberation struggle

info_e12wt4csUncategorisedDr Kwame Nkrumah, Lack of class consciousness legacy of opportunism during liberation struggle, Matjituavi Kavetu

Kae Matundu-Tjiparuro One cannot agree less or more with the recent article in The Namibian by the Legal Head of the Affirmative Repositioning, Matjituavi Kavetu, headlined “Workers Lose when Unionists Dine with Capitalists.” Because he touches on what is supposed to be a fundamental issue regarding socio-economic radical transformation in Namibia, which cannot take place without the requisite class consciousness. First and foremost among workers. More pertinently among the unions and/or trade unionists. But class consciousness cannot be for its own sake. This is only if we as Namibians perceive of a Second Phase of the Revolution. Meaning what Namibia…

08 May

CABO DELGADO: A Lesson for Kavango East

info_e12wt4csUncategorisedAnsar Al Sunna, CABO DELGADO: A Lesson for Kavango East, Kavango East, Rutendo Bereza Matinyarare

We spent most of our Sunday debating with people who were happy that Cabo Delgado is in turmoil because they thought they had caught us in a lie. The same happened to the situation were *Recon-Africa* is drilling oil in the Kavango basin, many Namibians are happy about this fortunate development but forgetting the unfortunate situation that may turn against the very citizens themselves. This is after Mr Rutendo Bereza Matinyarare wrote an article on the 8th of March 2020, bragging about how the Zimbabwean and Mozambican allied expeditionary force, had wiped out the *Ansar Al Sunna Islamic Militants* in…

08 May

Kanime will not reapply for his job …as City begins recruitment process

info_e12wt4csUncategorisedAbraham Kanime, Chief Executive Officer (CEO) of Windhoek, George Mayumbelo, Ignatius Semba, Kanime will not reapply for his job

Andrew Kathindi, Rose-Mary Haufiku Chief of Windhoek City Police, Abraham Kanime, has no plans reapplying for his position insisting he will honour his contract which ends on 23 April 2023., The recruitment process for the post has restarted after the court ruled that his current appointment was unlawful. “A contract is a contract. The Council can say, no let’s just end here or I can say I just want to end here. That is up to us the two parties. But the issue when you ask whether I am going to apply, apply to do what?” “I retired, but they…

07 May

Understanding the difference between the Ministry of Finance functions and NamRA

info_e12wt4csUncategorisedMinistry of Finance, Namibia Revenue Authority (NamRA)

Tonateni Shidhudhu History was made on 07 April 2021 when the Namibia Revenue Authority (NamRA) opened its doors for business. The new entity takes over the responsibilities of the Inland Revenue Department and the Customs and Excise Directorate, both of which fell under the Ministry of Finance. These two departments were not only the largest but were the only ones with a regional footprint. Some 1300 staff members will move to the new entity and only about 400 will remain with the Ministry of Finance. Furthermore, assets, business systems such as ITAS and AsycudaWorld and other infrastructure which were supporting the departments have now been…

07 May

Innovation carries day for NWR

info_e12wt4csUncategorisedCovid-19, Namibia Wildlife Resorts Limited (NWR)

Staff Writer Namibia Wildlife Resorts Limited (NWR) says COVID-19 negatively impacted its business for the 2019/20 financial year, but product innovation carried the day for its operations. According to the hospitality company’s Chairman Ambassador Leonard Iipumbu, "during the financial year 2019/20, we faced our greatest challenges as an organization. The significant milestone of our first-ever profit of N$ 22 million since the establishment of the organization and other financial gains made in 2018/2019 were wiped out due to Covid-19." He said to sustain its operations which resulted in it not retrenching or reducing its employees' salaries except for its Board's…

06 May

Uefa finishes semi finals and CAF quarter finals near

info_e12wt4csUncategorisedChelsea, Manchester City, Paris Saint Germain, Uefa Champions League

This week saw the second leg matches of the semi finals play out and we now know which two teams will be playing in the final of the Uefa Champions League. The first of the two remaining matches were played on Tuesday evening when Paris Saint Germain travelled to England to play Manchester City on their home turf. Manchester City won the match 2-0 after the final whistle bringing the aggregate to 4-1 and placing them in the final match of the Championship. Wednesday evening saw Real Madrid taking on Chelsea at Stamford Bridge. Their first encounter the previous week…

06 May

Standard Bank joins Credit Guarantee Scheme

info_e12wt4csUncategorisedCredit Guarantee Scheme (CGS), Felicia Jooste, SMEs, Standard Bank Namibia, Standard Bank’s Enterprise Direct Manager

Staff Writer Standard Bank Namibia has announced that it has partnered with the Credit Guarantee Scheme (CGS) to provide collateral cover of 60 percent for qualifying SMEs applying for finance from participating commercial finance institutions. Standard Bank’s Enterprise Direct Manager, Felicia Jooste said the decision by the listed banking concern , is driven by a genuine desire to see SME’s grow and thrive in difficult economic conditions. “We are determined to help our small and medium businesses navigate these difficult prevailing conditions, hence the reason we joined the Credit Guarantee Scheme. SME’s are the lifeblood of the economy and employ…

04 May

No COVID-19 vaccines for learners

info_e12wt4csUncategorisedAstraZeneca and Covishield, Ben Nangombe, Ministry of Health and Social Services (MOHSS), Sanet Steenkamp, Sinopharm

Kandjemuni Kamuiiri Learners will not be able to get the COVID-19 vaccines currently available in the country, as they are below the prescribed age limit. Ministry of Health and Social Services (MoHSS) Executive Director, Ben Nangombe, revealed that only persons above the age of 18 are in the criteria of receiving the COVID-19 vaccine jabs (Sinopharm, AstraZeneca and Covishield) . The revelation comes as Ministry of Education, Arts and Culture recently fingered boarding and high schools as the main spreaders of COVID-19 among learners in the country. Latest figures from the Ministry of Health shows that over the month of…