Uncategorised – Page 68 – Windhoek Observer

14 Nov

When budgets are cut, services die …pay attention to what is happening in Zambia right now!

Uncategorisedfishrot, Namibia

Jackie Wilson Asheeke It seems obvious to say, but when the budget for an office is cut, there is no way to expect that the services previously on offer, will still exist. Let us stop the “tighten our belts” and “do more with less” euphemisms and face the truth. If you cut the budget for any office, then what was being done before is dead. I like what NSFAF did. They have a lower number of loans available because they must match their cash with their expenditures. I believe building their ridiculous office space in the middle of an upper-class…

14 Nov

Things the US Presidential Election showed me

UncategorisedGovernment, Joe Biden, Kamala Harris, US President

The Time Traveler: Hugh Ellis Joe Biden has squeezed through to become US President, and Kamala Harris will be the first-ever US Vice-President of Asian and African descent. This should be good news, but much of the TV and internet feed out of the world’s most economically and militarily powerful country in the past week does not leave me optimistic about the nature of humankind. For one thing, there have been the Donald Trump ‘sore loser’ press conferences, where he whined about this and that, claimed that an election his government organized was somehow rigged, against him, while providing no…

14 Nov

Confessions of a couch kitten: Diets are nothing but lies

UncategorisedConfessions of a Couch Kitten

KHANYISWA MOGOTSI If there is anything that my 22-years on this earth has taught me, it is that dieting is the biggest scam ever. This year alone, I have been on four different diets and yes, not staying consistent might have added to my demise but when was somebody going to tell me that the lost weight would return as soon as the first cheat day comes around? My first diet took place at the start of lockdown when we were told to work from home, and I was so ready to return to work a brand new woman. A…

14 Nov

October inflation slows to 2.3%

UncategorisedAlex Shimuafeni, NSA Statistician-General & CEO

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…

13 Nov

Practical ways to teach your kids how to manage money

UncategorisedAlna Booysen, Head of FNB Premium

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,…

13 Nov

Air Namibia announces Ondangwa, Walvis Bay flights

UncategorisedAir Namibia, Ondangwa, Walvis Bay

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…

11 Nov

Simplifying insurance

UncategorisedOld Mutual

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…

10 Nov

INFINOX Capital expands into Namibia

UncategorisedCFD, INFINOX Capital

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…

10 Nov

Agribank inaugurates new regional office

UncategorisedAgribank, Katima Mulilo, Zambezi region

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…

06 Nov

BIG cannot solve ills inherent to Capitalism!

UncategorisedMinistry of Poverty Eradication and Social Welfare

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…