Uncategorised

FNB reports a 3.5% growth in the housing market …..women first-time buyers on the rise
17 Apr

FNB reports a 3.5% growth in the housing market …..women first-time buyers on the rise

ObserverUncategorised, , ,
Staff Writer The FNB House Price Index posted an annual growth of 3.5 percent year-on- year (y/y) at the end of 2020 compared to -4.7 percent y/y recorded over the same period in 2019. “The housing market is surely making a much more pronounced recovery than most other segments of the economy. This points to the resilience of the housing market and economic importance of housing in general. The national weighted average house price ended the year at N$1 240 943 compared to N$1 154 468 recorded in 2019” said Frans Uusiku, FNB Market Research Manager. The review of Namibia’s…
Read More
Special treatment claims swell around Harvey Boulter, Dennis Noa
17 Apr

Special treatment claims swell around Harvey Boulter, Dennis Noa

ObserverUncategorised, , , , ,
Maria Hamutenya and Rose- Mary Haufiku The recent transfer of rape accused Dennis Noa from Wanaheda Police Station to Seeis Police station on the outskirts of Windhoek has brought perceptions of special treatment for high profile suspects in Namibia. Dennis Noa, son of Anti-Corruption Commission (ACC) Director, Paulus Noa, appeared on Wednesday for the first time at the Katutura Magistrate court on allegations of sexually violating an 18 years old male patient at Katutura Hospital. The patient is in Intensive Care Unity (ICU) after sustaining a head injury from a car accident. According to Deputy Commisioner Kupembona responsible for Investigation…
Read More
COVID-19 deaths near 600 mark
17 Apr

COVID-19 deaths near 600 mark

ObserverUncategorised,
Kandjemuni Kamuiiri Namibia’s COVID-19 death toll continues to grow at an exponential rate, with the country recording up to 125 deaths in one month. Since the outbreak of the virus, the country’s COVID-19 deaths are close to breaching the 600 mark, with a total of 599 deaths recorded to date, according to the latest figures from the Ministry of Health and Social Services (MoHSS).“The Health Ministry has announced three new deaths in Windhoek district,” Minister of Health and Social Services, Kalumbi Shangula said. According to Shangula, 145 new Covid-19 cases have been confirmed from the 1253 results received from the…
Read More
SOE directors to be financially liable for decisions
17 Apr

SOE directors to be financially liable for decisions

ObserverUncategorised, , ,
Maria Hamutenya, Andrew Kathindi Public Enterprise Minister, Leon Jooste, says State-owned Enterprises (SOEs) directors appointed to boards will now be made financially liable for any decision that they enter into on behalf of SOEs that are not in the best interest of the entity. According to Jooste, the Public Enterprises Governance Act (PEGA) has a provision that makes directors appointed, personally liable for the financial implication of the decisions which they enter into on behalf of the said SOE. The development comes as multitudes of Namibians have been applying to seat on SOE boards mainly induced by the benefits and…
Read More
GIPF increases pension benefits
15 Apr

GIPF increases pension benefits

ObserverUncategorised,
Staff Writer The Government Institutions Pension Fund (GIPF) has announced a 3 percent pension benefit increase, effective 01 April 2021 for all GIPF pensioners. The decision according to the fund, is aimed at cushioning pensioners against touch economic conditions in the country, which have in turn eroded consumer’s purchasing power. “Amidst the current volatile economic outlook, the Fund continues to provide guaranteed benefits to members. A pension increase serves to cushion pensioners from unexpected changes in their purchasing power and hence the incessant ability to increase members’ benefits annually is driven by the Fund’s collective commitment to guard and grow…
Read More
Digital Transformation and the Future: F = D + P = V
14 Apr

Digital Transformation and the Future: F = D + P = V

ObserverUncategorised,
Sergio de Sousa The phrase ‘Digital transformation’ has various definitions and perspectives. Regardless of the definition, it’s the intent behind the transformation that counts. The objective of any digital transformation initiative should be to use technology optimally, enabling a business to succeed in the future. To understand how to optimally use technology now, you must predict what you will need to do to win in the future. How can we future proof our companies in these uncertain and unpredictable times? In order to demystify the future (F), here is a practical formula; F = D + P = V. Let’s…
Read More
Stanford Seed programme, a growth catalyst for entrepreneurs
13 Apr

Stanford Seed programme, a growth catalyst for entrepreneurs

ObserverUncategorised, , ,
Staff Writer The Stanford Seed Transformation initiative, is a programme which partners with entrepreneurs in emerging markets to build successful enterprises that transform lives. It has returned at a timely opportunity for Namibian entrepreneurs to expand their capacity to succeed. The programme, a collaboration between the Stanford Graduate School of Business and the De Beers Group, allows leaders to gain critical skills to grow their companies and create jobs which in turn will lead their regions to greater prosperity. With applications for the 2021/22 Southern Africa Seed Transformation Program (STP) now open, entrepreneurs with a mind-set to grow their businesses…
Read More
10 Apr

Indigenous Intelligentsia must push and drive the genocide narrative

ObserverUncategorised
Kae Matundu-Tjiparuro Like Yours Truly Ideologically postulated in initial instalments, that there’s no question that the genocide committed against the indigenous people of Namibia during the colonial penetration of Namibia, then German South West Africa, being colonial in form, was also Capitalist in content. First and foremost it was initiated and driven by German and European traders, supported by their imperial allies like missionaries (religions), intelligentsia (researchers, scholars and academicians, notably anthropologist and ethnic geneticists, and ultimately and eventually German politicians and the German imperial government and State, which reluctantly joined the scramble for colonies to provide for liebensraum (living…
Read More
10 Apr

The Time Traveler: Let’s do the SlutWalk again!

ObserverUncategorised, ,
Hugh Ellis If you told me 20 years ago that I would be attending a protest march of, among others, scantily-clad women, and some men, I’d have laughed it off. But that’s exactly what I’ll be doing on Saturday morning, when I join the second annual SlutShameWalk. Back then, I would perhaps have been called a ‘Christian conservative’, whatever that may have meant. I was all about human rights and all, but I would have looked down on a raucous protest, much less one where some young women were showing quite a bit of thigh, or even a very low…
Read More
Swapo suspensions late – former PM, analysts
10 Apr

Swapo suspensions late – former PM, analysts

ObserverUncategorised, , , ,
Andrew Kathindi, Kandjemuni Kamuiiri Former Prime Minister of Namibia, Nahas Angula, is questioning why it has taken the Swapo Party of Namibia so long to suspend Fishrot accused, Sacky Shanghala and Bernard Esau, from the ruling party's central committee and Political Bureau (politburo). Swapo announced that the party had resolved at a Political Bureau (PB) meeting held on 31 March chaired by President Hage Geingob, to remove Esau from the politburo and to suspend both Esau and Shanghala from the party's central committee. "It's better now than never. But for sure it took such a long a time. There is…
Read More
Like Us
Follow Us
Subscribe Us
Follow Us
LinkedIn