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SOE directors to be financially liable for decisions
17 Apr

SOE directors to be financially liable for decisions

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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…
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GIPF increases pension benefits
15 Apr

GIPF increases pension benefits

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

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

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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…
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Stanford Seed programme, a growth catalyst for entrepreneurs
13 Apr

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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10 Apr

Indigenous Intelligentsia must push and drive the genocide narrative

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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…
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10 Apr

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

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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…
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Swapo suspensions late – former PM, analysts
10 Apr

Swapo suspensions late – former PM, analysts

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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…
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Namib Mills, Agra in racism storm
10 Apr

Namib Mills, Agra in racism storm

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Rose-Mary Haufiku Namib Mills and Agra have been caught in a racism storm, amid allegations that the companies are practicing racial discrimination in recruitment, appointments, promotions and how they deal with work place issues concerning people of colour. In the case of Agra, documents from the Employment Equity Commission, which is tasked with addressing issues of transformation in organisations and in possession of the Windhoek Observer, show that the company has only appointed two persons of colour to senior and middle management positions since 2016, compared to 31 racially advantaged individuals. “The Commission wishes to use this opportunity to once…
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Meatco to retrench
08 Apr

Meatco to retrench

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Staff Writer The Meat Corporation of Namibia (Meatco) has announced embarking on restructuring its business which will see more than 80 employees of the company being retrenched. The planned retrenchments by the meat processors, will affect employees who are 55 years and above. “As part of ensuring that Meatco remains competitive, sustainable and profitable, the Company crafted a leaner, agile and dynamic structure to make Meatco more robust in this ambiguous global environment. As a result of this process, employees who are 55 years and above, and in particular those that are already 60 years and above will part ways…
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02 Apr

Capitalist cartel ruling the roost of communal farming

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Kae Matundu-Tjiparuro Covid-19 continues to wreak havoc on many sectors of the Namibia economy. Evidence hereof is the accelerated liquidation of the national airline, Air Namibia. Surely Air Namibia may not be the first and the last. Many others are certain to follow in view of the forecast protracted recovery of the local economy. Another sector that has been feeling the impact of the Covid-19 pandemic in Namibia, is the tourism sector, with one of its subsector, trophy hunting, equally heavily affected and impacted. One is reminded of the lucrative era in this subsector ushered in by Namibia’s independence when…
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