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Eos Capital acquires solar and refrigeration business

Eos Capital acquires solar and refrigeration business

Staff Writer Private equity firm, Eos Capital has announced that it will acquire Utility Energy Partners’ solar and refrigeration assets subject to regulatory approval. Energy Partners is an innovative energy infrastructure company that builds, operates, and maintains solar and refrigeration assets in Namibia. “Through their innovative business model, Energy Partners provides an energy solution to clients which reduces their grid energy consumption through its solar installations and optimisation of their freon/ammonia cooling systems combined with the use of world-leading monitoring technologies. Energy Partners additionally reduces their clients’ CAPEX burden by taking on all the construction costs and leasing the assets…
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Old Mutual extends ALI agreement

Old Mutual extends ALI agreement

Staff Writer Old Mutual has announced that it will invests N$900 000 in total over three years to train government school principals and department heads through Africa Leadership Institute (ALI). The 3-year agreement is an extension of an existing 14-years partnership between Old Mutual and ALI, with the aim to equip school management with the necessary leadership knowledge and skills through the Transformational Leadership Certificate as endorsed by the Ministry of Basic Education and Culture, as well as the National Qualifications Authority (NQF level 5), in Namibia. Old Mutual’s investment will be channelled towards the learning material, class facilitation and…
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Meatco directors resign

Meatco directors resign

Staff Writer Material differences including issues to-do with the direction of the company have seen Chairperson of the Meatco board, Johnnie Hamman, his deputy Clara Bohitile and Kay Dieter Rumpf tendering their resignations. Their resignations which are with immediate effect, came after the meat processor’s board meeting last Thursday. Public Enterprises Minister, Leon Jooste, appointed the current board of directors in terms of the Meat Corporation of Namibia Act of 2001 for a term of three years. Hamman and Bohitile were nominated by Meatco members in the category “Expert “in terms of Section 5(1) d and Rumpf in the category…
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FNB warns against eWallet scam

FNB warns against eWallet scam

Staff Writer Jerome Namaseb, Head of Retail Transactional Banking, warns that a new scam has emerged where fraudsters access and manage customers’ eWallet accounts on the FNB App. “We have seen this new scam making the rounds and urge our customers to take note of how it works to protect themselves, he said. • first, fraudster will a select random cellphone number and attempt to link the eWallet of selected number to their own smartphone, which triggers a notification (with an OTP – one time pin) asking to confirm if customer is indeed the one attempting to link their wallet.…
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Signing sham deal tantamount to committing second genocide

Kae Matundu-Tjiparuro Though it has as yet not been confirmed officially by both the Namibian and German governments, it has emerged through the grapevine that the lives of thousands of Ovambanderu, Ovaherero and Nama, is no more worth than the pitiful billion Euros. Not that one can really put a price on these lives but as much accepting these as justiciable and justifiable redemption of these lives, is nothing but committing a second genocide against those have already perished from the same act in 1904-1908. It is simply and literally killing a dead person. Not to mention thousands and thousands…
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Same old Soccer House shenanigans

Same old Soccer House shenanigans

Jefta M Gaoab Wonders shall never cease to happen and wonders constantly keep on happening, wrongfully at the Soccer House. We have accused the previous administration of all corrupt sorts of practices and the current administration is at the forefront, thereof. Just as we thought that football was being normalised, it’s the direct opposite and I stand to be proven otherwise. Wrong is wrong and wrong can never be right. I wonder what the values of Football House are, and if they are living according to their values and purpose in their daily operations, or as they go about their…
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Shangula announces revised COVID-19 regulations

Shangula announces revised COVID-19 regulations

Kandjemuni Kamuiiri Health and Social Services Minister, Kalumbi Shangula on Friday announced an extension to the current COVID-19 regulations, with minor changes to the measures, including reducing the maximum number of people to attend both indoor and outdoor events to 50, from the current 100. “The Public Health Covid-19 General Regulation as published in Government Gazette No 7522 of the 30 April 2021 remains in force. The Public Health Regulations that came into force on 1 May 2021 will expire at midnight on 31st May, 2021 and under the amended dispensation, which will start on the first of 1 June…
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Kakololo to vie for WBO title

Kakololo to vie for WBO title

Staff Writer Natanael 'Natty' Kakolol is set to challenge for his first WBO title on the 12th of June, where he will face unbeaten , Oleg Malinovskyi for the vacant WBO Featherweight Intercontinental title over 12 rounds. Kakololo is the current African Boxing Union Featherweight champion who has enjoyed a great winning streak over his last fights, with impressive victories over tough opponents. The Malinovskyi challenge will however be his biggest and his toughest to date and it will determine whether he has the pedigree to compete with the very best in this division, as the win will give him…
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EIF hosts Sustainable Development Awards

EIF hosts Sustainable Development Awards

Staff Writer The Environmental Investment Fund of Namibia (EIF) hosted this year’s edition of the Sustainable Development awards, which recognizes the outstanding contributions made by Namibians in the field of sustainable development, under the theme “accelerating the green economy transformation as we recover from Covid-19” This year the awards targeted the private sector and SMEs, community level natural resource management and utilization initiatives, research and development, youth action for sustainable development, pioneering journalism in the field of sustainable development, green banks, school in action for sustainable development, women in action for sustainable development and thought leadership. Speaking at the event…
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MTC is Namibia’s most admired brand again

MTC is Namibia’s most admired brand again

Staff Writer MTC has been named Namibia’s Most Admired Brand for the 2nd year running. The announcement was made virtually during the annual Brand Africa Leadership announcement which took place on the 25th May, 2021 coinciding with Africa Day. This year, Brand Leadership added a new category titled Most Admired Brand during COVID in Namibia and MTC also scooped the award as the Most Admired African Brand in Namibia during COVID while the World Health Organization took number one spot for the Most Admired Global Brand in Namibia during COVID. In a surprising move, MTC was named the 2nd Most…
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