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01 Apr

BOOK REVIEW: Towards a People’s Constitution for Botswana

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Moses Magadza WINDHOEK – A constitution developed through wide consultations with the people that it is intended to serve is more likely to be a widely accepted and respected document than one crafted behind the scenes and foisted onto the people. This seems to be the pith or fulcrum of “Towards A People’s Constitution for Botswana”, one of four recent books by Justice Oagile Bethuel Key Dingake. Last year I reviewed two of Dingake’s books, namely, “Judges” and “In Pursuit of Justice”. I promised to review the remaining two books, being, “Towards A People’s Constitution for Botswana” (which I review…
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The Dollar-Rand Peg: Time to Decouple?
31 Mar

The Dollar-Rand Peg: Time to Decouple?

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Carel Jordaan Namibia’s sophisticated and liquid foreign exchange market plays a crucial role in its economy. Notwithstanding the country’s size, we have a very liquid market. Banks, like FirstRand Namibia, have been playing a key role in establishing this market. Equally, banks are instrumental in developing, capacitating and growing its potential. Although the Namibian Dollar replaced the South African Rand in 1993, following Namibia’s independence from its neighbour, the rand remains widely used in Namibia. Moreover, the dollar has been pegged to the rand at one to one as Namibia is a member of the Common Monetary Area (CMA). The…
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The basics of grazing management
30 Mar

The basics of grazing management

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Erastus Ngaruka The grazing value and capacity of the land is a factor of certain attributes such as the soil condition, grass species composition, density, and abundance amongst others. These attributes are further influenced by rainfall activities and the intensity of utilization of the grazing materials. Grazing management refers to the approaches that farmers use to ensure that their livestock have controlled access to a grazing area. This is basically done to prevent overgrazing and to ensure seasonal availability of grazing materials for their livestock. Many areas in Namibia have lost their grazing values and capacities over the years principally…
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27 Mar

NEEEF cannot be empowering the masses but only the economic elite

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Kae Matundu-Tjiparuro Recently Yours Truly Ideologically threw a broadside at Team Namibia’s criticism of the National Equitable Economic Empowerment Bill (NEEEB), which is to see the implementation of the National Equitable Economic Empowerment Framework(NEEEF). Criticising Team Namibia for being against NEEEB does not mean that Yours Truly Ideologically agrees in anyway with the principles of NEEEF and what the NEEEB would ultimately instrumentalise if not only symbolise. But the intent was to show and reveal the true nature and character of Team Namibia, which is while pretending to be patriotic and nationalistic, in and out, it is indeed opposed to…
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27 Mar

The Time Traveler: All families belong together

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Hugh Ellis The Ministry of Home Affairs has denied entry to two Namibian children born in South Africa, rendering them effectively stateless. The twin girls’ parents are a same-sex couple, married in South Africa six years ago. The girls were born through a surrogate pregnancy. In terms of the surrogacy agreement, legal in South Africa, the couple have been registered as fathers on the babies’ South African birth certificates. At the time of writing this column, one of the fathers, Namibian citizen Phillip Lühl, was suing the Minister of Home Affairs in an effort to have him compelled to issue…
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Air Namibia officially liquidated
27 Mar

Air Namibia officially liquidated

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By Maria Hamutenya Acting High Court judge, Kobus Miller, on Friday pronounced the official liquidation of Air Namibia after converting its provisional liquidation into full liquidation. This comes after Air Namibia’s biggest creditor, Namibia Airports Company (NAC) had applied for the liquidation of Air Namibia in the Windhoek High Court in February. The NAC filed an urgent application stating that the national airline owes it close to N$714 million. According to Advocate Jesse Schickerling, who assisted Advocate Raymond Heathcote in court on behalf of Namibia Airports Company (NAC), the next step after the High Court judgement would be holding the…
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Govt eyes N$105 million from new quotas auction
27 Mar

Govt eyes N$105 million from new quotas auction

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Andrew Kathindi The Ministry of Finance together with the Ministry of Fisheries and Marine Resources are expected to raise around N$105 million in a new round of governmental objective fishing quotas auctions. The auction, which is meant to raise revenue for Government expenditure with a deadline for the 16th of April, has set a minimum price of N$6,000 per metric tonne. According to the Ministry of Finance, the bids will be placed on 11,164 metric tonnes of Wet Hake and 4,784 metric tonnes of Freezer Hake, both of which are targeted at 50 percent for Namibians, and the remaining 50…
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MUMI appointed to GIPF incubator program
26 Mar

MUMI appointed to GIPF incubator program

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Staff Writer MUMI Investment Managers (Pty) LTD has been appointed by the Government Institutions Pension Fund (GIPF) as one of its six incubator asset managers. The Asset Management Incubation programme is being implemented by the GIPF to provide an opportunity for previously disadvantaged individuals to participate in the mainstream asset management industry, and in doing so create Namibian based skills in the field of Investment and Asset Management. MUMI Investment Managers which officially commenced operations in 2019, possesses combined experience of over 20 years in portfolio research and investment management and currently manages about N$880 million of GIPF assets as…
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Sweat pants and baggy shirts for me please, the tales of a young entrepreneur
25 Mar

Sweat pants and baggy shirts for me please, the tales of a young entrepreneur

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I believe there is a big misconception with regards to what a business owner/entrepreneur is. Many have been sold the suit and tie symbolic status with regards to what it means to be a business owner. Rarely have I seen the highlights on the brutal truths on what the business market entails. Sleepless nights, financial constraints and may I never live to forget the anxiety, fear and doubt that never leaves the minds of those who decide to venture into the unpredictable world of the business market. Hi, my name is Nelago Johannes, I am 23-years-old and I run a…
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Stanford Seed programme, a growth catalyst for entrepreneurs
24 Mar

Stanford Seed programme, a growth catalyst for entrepreneurs

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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…
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