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October inflation slows to 2.3%

October inflation slows to 2.3%

Staff Writer The Namibia statistics Agency (NSA) has announced that the October 2020 annual inflation rate slowed to 2.3 percent from 3.0 percent recorded in October 2019. “The slow growth in the annual inflation rate for October 2020 was mainly as a result of declines in the price levels of Clothing and footwear (from 0.9 percent to -6.1 percent); Housing, water, electricity, gas and other fuels (from 1.9 percent to -1.3 percent) and Transport (from 1.5 percent to -1.2 percent), ” NSA Statistician-General & CEO, Alex Shimuafeni said. “Further, prices of the Health category reflected a slowdown in October 2020…
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Practical ways to teach your kids how to manage money

Practical ways to teach your kids how to manage money

Staff Writer In the digital age, parents cannot afford to neglect the crucial responsibility of teaching their kids about managing money. Alna Booysen, Head of FNB Premium says whether it's a billboard on the way to school, lifestyle images in a magazine or social media images of their favourite celebrity or idol - children can access information which may give them a misguided view of how money is 'easily' earned and how it should be used. "Once a child has pre-conceived ideas of how money management supposedly works, it may be difficult for parents to entrench their preferred principles. Hence,…
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Air Namibia announces Ondangwa, Walvis Bay flights

Air Namibia announces Ondangwa, Walvis Bay flights

Staff Writer Air Namibia has announced that it will operate flights between Ondangwa and Walvis Bay from the 4th of December 2020 to the 10th of January 2021. The flights according to the airline will be operated on Fridays and Sundays and serviced by Air Namibia’s Embraer Jet (ERJ) aircraft with 37 seating capacity, with travel time between the north and the coast expected to be 60 minutes. “This development opens new travel possibilities and opportunities, as the national airline continues to respond positively to the increasing demand of flying by air. This much-needed service will give our passengers a…
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Simplifying insurance

Simplifying insurance

Riaan Vermeulen Ideally, insurance should be your safety net, but for many, it’s a minefield. Old Mutual Short-Term Insurance Company has compiled seven quick, easy to understand pointers, designed to save you money, time and stress. Insurance can be an overwhelming topic. Faced with reams of documents, most of us tend to skim over the words, flip to the last page and simply hope for the best. Not wise, because in the event of having to make a claim, ignorance of the facts can make an unwelcome difference. There are a few hard and fast rules which make a world…
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INFINOX Capital expands into Namibia

INFINOX Capital expands into Namibia

Staff Writer INFINOX Capital, a leading CFD trading broker with international presence and market expertise is announcing its expansion into key economic African countries with one being Namibia. This follows its recent launch of operations in Nigeria, and the company’s intent to launch an African hub in South Africa in the coming months. Jay Mawji, Managing Director of INFINOX Capital, attributes this decision to the fact that the continent has a high youth population makeup combined with the improvements made through the implementation of technologies and the accessibility thereof. “For any financial institution, Africa is the place to be.There is…
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Agribank inaugurates new regional office

Agribank inaugurates new regional office

Staff Writer Agribank has inaugurated its newly relocated regional office in Katima Mulilo on Friday, to improve its client experience as well as to ensure conducive working environment for staff when servicing farmers and potential farmers in the Zambezi region. Though the Bank has been operational for some years in the town, the new office according to the lender, elevates the it’s visibility and accessibility to clients and other stakeholders. Zambezi Regional Governor Lawrence Sampofu in a speech read on his behalf said the opening of the new Agribank office in Katima Mulilo is a welcome expression of the trust…
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BIG cannot solve ills inherent to Capitalism!

Kae Matundu-Tjiparuro The headline in the New Era recently, reading “Govt says Big feasible”, could not but catch any one’s attention. For two reasons. One because Yours Truly Ideologically has been following the Basic Income Grant debate closely. Without never at any point ever entertaining the notion and/or illusion that some time or the other historical epoch in Namibia, BIG would ever become the panacea for the workers and the downtrodden in Namibia. Safe for being realistic that the exploited, until their deliverance from the capitalist system, nevertheless still need reprieve from the capitalist yoke, albeit temporarily. This is as…
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“…One nation under God, indivisible…”

Jackie Wilson Asheeke I use words from the American Pledge of Allegiance as my column’s title. As a child in catholic school we began each day with a prayer and the Pledge. Given the divisiveness of Donald Trump, the Pledge has lost its meaning. If the President doesn’t live by it, how can it still hold? The key lessons from this year’s US presidential election are not about Trump vs Biden or who finally wins the 270 electoral votes. It is about a United States of America that has violated its own Pledge. It is about the small minority of…
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Advice to men: confront your fellow man

The Time Traveler: Hugh Ellis ‘Confront your fellow man when (or better, before) he does wrong to women and children’ is not easy advice to follow, but we must do it. In my first two columns on ‘advice to men’ I talked about how we should learn to control our anger and resolve conflicts peacefully, looking for win-win solutions. I explained why should question society’s assumptions about what it means to be a man. In the last of the series, I argue that these steps are meaningless if we don’t go out into the world and challenge our fellow men…
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Couch Cat: The time to say goodbye to a beloved pet

Jackie Wilson Asheeke My girlie doggie baby, Artemis, a Labrador retriever, is now 13. She is blind, has a heart issue, and has arthritis in her back legs. I have let it go on too long. I have taken the decision that is going to put me in tears and sorrow. I have to take her in to the Vet for the last time, and let her go. Saying goodbye to a beloved pet is hard. Those who are like me and love their pets like babies, ‘get’ me on this one. I have been putting the inevitable decision off…
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