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Eos Capital launches agriculture investment fund
01 Oct

Eos Capital launches agriculture investment fund

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Staff Writer Private equity firm Eos Capital has announced the launch of its third fund – the Euphrates Agriculture Fund. The fund’s target is to raise N$500 million by March 2021. The Euphrates Fund according to the company aims to bring about an Agriculture Renaissance in Namibia and its mission will be to facilitate the industrialization of the agriculture sector, deliver social impact and provide medium term returns to investors. The fund will make equity and quasi-equity investments into unlisted vehicles and target sectors will include agro-processing, distribution and logistics, commercial agriculture, retail, biomass, and manufacturing of chemicals, fertilizers, seeds,…
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UNICEF warns over COVID anxiety
01 Oct

UNICEF warns over COVID anxiety

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Clifton Movirongo UNICEF Namibia has warned that COVID-19 may increase the level anxiety for most pupils as all school phases’ return reopen. According to Chief Child Survival & Development, UNICEF Namibia, Kenanao Motlhoiwa the COVID-19 pandemic has continued to disrupt the daily lives of school children while compounding traumatic experiences. “If a child is afraid that they will get infected with COVID-19 that is a lot of anxiety. We have observed that if a child understands what is being done to protect them, it lowers the anxiety. School will be very different from what it was before thus to avoid…
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CoW finally approves decongestion plan
01 Oct

CoW finally approves decongestion plan

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Helena Johannes The City of Windhoek had finally approved its plan to decongest some Windhoek informal settlements as a Covid19 emergency response measure close to two months after President Hage Geingob gave the directive, despite the number of Covid19 drastically decreasing. “The plan is well on track as I don’t know when exactly, but the plan was approved recently by the city council just this month,” Windhoek Mayor, Fransina Kahungu told the Windhoek Observer. She said the city council has given the mandate to its technical staff to research on places that need to be decongested. “They have started already…
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Jooste fires NIDA board
01 Oct

Jooste fires NIDA board

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Staff Writer The troubled Namibia Industrial Development (NIDA) board has been given the boot by Public Enterprises minister Leon Jooste. The Frans Kwala led board appointed by the then Trade Minister, Tjekero Tweya, in 2018 was given its marching orders by Jooste after failing to justify its continued stay, amid mounting governance and operational challenges at the parastatal. Also booted out are board members, Anita /Narib, Hans Jochelson, Job Muniaro, Dr Diana van Schalkwyk and Marcelina ! Gaoses. “To be fair to the Board, I requested the NIDA Board, collectively and individually, to provide my office with relevant documentations and/…
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Govt raises paltry N$8.4m from quota auction …as second auction is slated for November
01 Oct

Govt raises paltry N$8.4m from quota auction …as second auction is slated for November

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Andrew Kathindi Government said it will require bidders to prove financial stability in their next round of fishing quota auctions in November after only managing to secure N$8.4 million from an initial N$627.9million worth of bids. Finance Minister Iipumbu Shiimi said that even though most of the successful bidders of the auction, which took place last month, had requested for an extension to settle their dues, most of them did not keep their payment commitments as they were expected to settle their allocations by 2nd September 2020. “In the future, punitive measures will be introduced including requirements for payment guarantees…
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26 Sep

Workers are their own liberators

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Kae Matundu-Tjiparuro Concerning the drive towards a true and meaningful radical socio-economic transformation, to herald the Second Phase of the Namibian Revolution, which in Namibian political parlance has been hailed as the phase of the economic struggle or emancipation, Yours Truly Ideologically believes after 30 years of independence, and the obvious decadence and blatant ideologically retrogression, the jury has been out who can lead the Second Phase of the Namibian Revolution. The State or Namibian government, if any of its previous the self proclamations on socialism by some but few of the leaders, foremost of the leading liberation movements of…
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26 Sep

The Masquerade

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Hugh Ellis Former George Washington University Associate Professor Jessica Krug has been the focus of controversy for the last couple of weeks, after she disclosed in an essay she had, for years, pretended to be black. The Professor, with research interests including, ahem, the effects of colonialism and imperialism, faked various racial identities, including being Algerian-American and Bronx-bred Afro-Puerto Rican. As an activist, she went by the name of ‘La Bombalera’, from Bomba, an Afro-Puerto Rican style of music and dance. In a September 3 blog post, Krug confessed that: ‘I have eschewed my lived experience as a white Jewish…
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26 Sep

Mental Illness in the workplace

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KHANYISWA MOGOTSI As a society, we love screaming about how mental health matters but do we really care or is this all just performance activism? I was diagnosed with severe anxiety disorder and depression in 2016 and since then, navigating in the work industry has been so eye-opening. My first internship gave me a lot of room to grow and build myself in a safe space without me ever having to put my mental health on the line just to come off as a great employee and I believe that was because people in the office were extremely progressive. The…
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26 Sep

Trump has committed treason

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Jackie Wilson Asheeke The American president has constantly been the source of buffoonery, unseemly Tweets, school yard temper tantrums, hypocrisy, sexist remarks, racist innuendo and point blank lies. He has embarrassed himself around the world with his jaw-dropping ignorance. No other American politician would ever have been given the free pass to say and do the outrageous things that Donald Trump has. And now, he uttered words I thought I would never hear from an American president in my lifetime. In effect, he said that he will not turnover power as required by the constitution unless elections are ‘free and…
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26 Sep

Couch Cat: Don’t let life get you down!

info_e12wt4csUncategorised,
Jackie Wilson Asheeke Economic numbers in the newspapers say how poorly Namibia is doing economically. The bad news should be no surprise. Covid-19 stuff knocked us flat. We all knew that. But, we must not get depressed and hide our heads in the sand! If we curl up and let the bad news take over, we can never rise. Let us find ways to laugh, sing, enjoy family and friends, be smart about saving and buying and re-charge our batteries to fight the good fight. We cannot let the bad days drown us. We have to keep thinking and hoping…
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