Uncategorised

FNB records Q2 house prices softening
09 Sep

FNB records Q2 house prices softening

info_e12wt4csUncategorised
Staff Writer FNB Namibia says although market sentiments point to further declines in house prices due to expected distressed sales, it is of the opinion that price contractions have reached their peak. “House price gains were notable in the Coastal and Northern regions, registering growth of 8 percent and 6 percent y/y respectively. Meanwhile, double digit contractions in house prices of 10.8 percent and 13.8 percent y/y were recorded in the central and southern regions due to affordability issues. As a result, the elevated demand for land in the central region led to a 12-month average price growth of 14.2…
Read More
05 Sep

Couch Cat: Liberate your hair on lockdown

info_e12wt4csUncategorised,
Jackie Wilson Asheeke I have been wearing braid extensions since I was 21. Current articles on natural hair care say that I have done irreparable damage to my natural hair. They are right. The pulling, braiding, and twisting has weakened, thinned and broken off my hair. But, then again, I have had decades of loving my braided look. Life is all about trade-offs. That said, working remote at home in these pandemic days, there is no need to go out as much. So, I wear no braids most of the time. It was weird at first – I look so…
Read More
05 Sep

New political formations, how ideological are they?

info_e12wt4csUncategorised,
Kae Matundu-Tjiparuro In the last edition, Yours Truly Ideologically compared the ideological position of the various political formations, during the First Phase of the Namibian Revolution. That is from the war of resistance against colonial penetration to the liberation war against colonial occupation, and even during the country’s first ever democratic elections, the 1989 UN-supervised elections. Despite some of the political parties initially gimmicking and posturing socialist positions, it transpired that in their manifestos for the 1989 elections, there was little difference in their economic policies, or their economic blue prints for the radical transformation of the country’s economy. Thirty…
Read More
05 Sep

The King is dead; long live the king!

info_e12wt4csUncategorised,
The Time Traveler: Hugh Ellis Chadwick Boseman, who died of cancer last weekend, will forever be known as the actor who brought the Black Panther, King T’Challa of Wakanda, to life. I used to want to be the Black Panther. Wait a minute. Hear me out. I read the comics as a kid in the 80s and 90s, long before Black Panther was mainstream ‘cool’ and African Sci-Fi was the flavor of the month. As it was for many others, the story of the shadowy justice-fighter and the secret country of Wakanda lit up my humdrum existence. It may seem…
Read More
05 Sep

I’ve hit a wall

info_e12wt4csUncategorised,
Jackie Wilson Asheeke For months I have avoided writing my personal feelings about the beginnings of a race war in the USA. I have been too irrational and furious on this subject. But, now with the new shooting of a black man in his back seven times, I’ve hit a wall. I cannot see a way forward and I cannot move backwards. I was already reeling when I saw a black man killed with a white cop’s knee on his neck. Though I was enraged that yet another black man lost his life to a racist policeman, I was also…
Read More
Meatco to revamp NCA operations
05 Sep

Meatco to revamp NCA operations

info_e12wt4csUncategorised,
Staff Writer Recently appointed Chief Executive Officer of Meatco’s Northern Communal Area Subsidiary (Pty) Ltd, Kingsley Kwenani, has announced that the company, has come up with a short-term turnaround strategy to ensure the viability of the business based in the northern communal areas. The development comes as the Meatco subsidiary, has been a loss-making operation attributed to its business environment, factors which needed to be addressed for the long term survival of the unit. "I needed to find out what exactly we can do to turn the situation around. I did this by developing the Meatco NCA strategic policy. One…
Read More
Equity funding – a savior in uncertain times
04 Sep

Equity funding – a savior in uncertain times

info_e12wt4csUncategorised
Emmarentia Irion The Corona virus came and caused havoc around the world resulting in economies having to balance social and economic impact. Businesses have been forced to close, people have lost jobs, negatively impacting their livelihoods and economic activity around the world suffered a major downturn. The effects of the pandemic are expected to continue for the near future. Many businesses that are still managing to keep their doors open are finding it challenging to manage business liquidity such as operational expenses and working capital because of the pandemic, with limited options for financial relief. Private equity offers a solution…
Read More
Old Mutual launches new customised insurance proposition
04 Sep

Old Mutual launches new customised insurance proposition

info_e12wt4csUncategorised,
Staff Writer Old Mutual Namibia has launched a new personal cover solution, which allows each customer to build their cover to suit their lifestyle and their budget. The development of the product according to insurance giant had been brought about by the need to provide targeted solutions where the needs, aspirations and behavior of customers take centre stage. Kosmas Egumbo, Group CEO at Old Mutual, who spoke on the launch of Old Mutual’s new proposition, which offers a range of personal and business cover solutions in respect of Life cover, disability, funeral , will also be complimented by the launch…
Read More
StartUp Namibia launches round 2 funding
03 Sep

StartUp Namibia launches round 2 funding

info_e12wt4csUncategorised, , ,
Staff Writer StartUp Namibia and its partners have announced Round 2 of the COVID-19 Startup Grant, where grants of N$15,000 each will be provided on a competitive basis to 500 start-ups. The COVID-19 Startup Survival Grant is aimed at helping start-ups and small businesses to supplement wages, fixed costs, and offset declining revenue. “Looking on the massive impact of COVID-19 on the private sector, we are very happy to extend the targeted support for start-ups and young SMEs during this challenging time. Additional funding for this project is provided by the German Federal Ministry of Economic Cooperation and Development. We…
Read More
Hosea Kutako prepared for tourist arrivals
03 Sep

Hosea Kutako prepared for tourist arrivals

info_e12wt4csUncategorised,
Staff Writer The Namibia Airports Company says its prepared to start receiving international travellers at Hosea Kutako International Airport (HKIA) as part of the country’s Target International Tourism Revival Initiative. “NAC has set in motion, its restart plan under the heading “Resumption of Activities” to ensure the airport readiness upon the resumption of international flights as borders are to gradually open under the provisions of the State of the Emergency Regulations on COVID-19.The NAC has not received any airlines scheduled ahead of the reopening, but they have expressed their willingness to resume flights and we are anticipating mid-September 2020. Alternatively,…
Read More
Like Us
Follow Us
Subscribe Us
Follow Us
LinkedIn