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Time for an ideological paradigm shift

Yours Truly Ideologically - Seventh Installment: Kae Matundu-Tjiparuro In a post-colonial Namibia, a cluster of the various socio-economic classes, which drove and spearheaded the liberation war, dating back to the war against German colonialism and imperialism, and ultimately against South African occupation, have been the ones in charge, politically. Of course with the help of the invisible hand of the former colonisers, this time in the form of corporate businesses, especially transnational corporations. While the local political elite has been seemingly in charge, actually since they are not in control of the economy, their being in charge is only nominal…
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Online accessibility should be a priority for all

Observatory: Thandizo Kawerama People from all walks of life have had to make the switch to digital platforms to continue being productive during lockdown and beyond. This has dispelled the longstanding myth that technology and being internet savvy, was only for the youth and people in tech related fields. Being literate on digital platforms is in high demand. Gym sessions are being held via Zoom, concerts are being streamed on Instagram live, and court is back in session via Skype. Many have been able to adapt, but once again the less privileged have been left behind to struggle with lost…
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Jobs are gone – what is the plan?

Jackie Wilson Asheeke The new normal means that an unknown number of jobs that are lost due to COVID-19 may never return. A few employers might take advantage of the pandemic to cut salaries or job categories permanently. Most jobs that will vanish will be an honest reflection of a shift in how some sectors do business. How will Namibia get ahead of this crisis in the making? What is the plan? Will we wait (as usual in Namibia) until we are in a crisis over permanent job losses? Or, will we make move to begin re-training programs and unemployment…
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Beyond donating a blanket

The Time Traveler: Hugh Ellis Over a thousand people were made homeless, at least one person killed, and over 200 homes destroyed when a shack fire tore through the settlement of Twaloloka in Walvis Bay on the night of 26th July. Since then, the response from Good Samaritans has been inspiring. Social media appeals and GoFundMe accounts have been started. Businesses and NGOs offered their premises as collection points and their vehicles as transport. Namibians of all walks of life have donated blankets, clothes and building materials. The response from middle-class Namibians, in particular, makes me a bit less pessimistic…
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Couch Kitten: I will graduate when I finish

Clementine Tjameya Every senior student has at least that one aunt, uncle, granny or just random community member who is always so pressed about when you are finishing your studies. But can someone please tell these busy buddies that things are tough here at varsity. You can’t go around randomly stressing other people’s children with questions like, “When are you graduating?” Is there a time line set for when I am supposed to finish my studies? And even if there is who says I want to follow it? This is not high school. We are seeing flames. In here, we…
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Eino Emvula appointed Ninety One MD

Eino Emvula appointed Ninety One MD

Staff Writer Ninety One, the asset manager born out of the rebranding of Investec Asset Management Namibia has appointed Eino Emvula to the position of Managing Director for Namibia & Africa, excluding South Africa effective 1 February 2021. Emvula who replaces James Hatuikulipi, who headed the business under its former name, will join Ninety One from Namibia Asset Management (NAM), where he was Chief Executive Officer. According to the company , over the past decade, Emvula has been instrumental in growing Namibia Stock Exchange listed NAM into the second largest third-party asset manager in Namibia after Ninety One. “I am…
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Philip Chapman appointed new RMB CEO …as Selma Kapeng takes up Group Treasurer post

Philip Chapman appointed new RMB CEO …as Selma Kapeng takes up Group Treasurer post

Staff Writer Philip Chapman has been appointed as the new CEO of RMB Namibia replacing Conrad Dempsey who was appointed FirstRand Namibia Group CEO Designate effective 1 July 2020 , takeover reigns from Sarel van Zyl who retires on 30 September 2020. Chapman as part of his appointment which is subject to regulatory approval , will also serve on the FirstRand Namibia Executive Committee. Chapman previously headed up RMB Corporate Credit in Namibia, and was also RMB Credit co-head regionally and most recently headed FNB Commercial and Business Banking. “With Phillip’s experience both in RMB and FNB Commercial we look…
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MTN, The GridOnline sign deal

MTN, The GridOnline sign deal

Staff Writer MTN Namibia has signed its first commercial contract for bulk data transmission services, provided by The GridOnline, a NamPower owned company, a move expected to grow Namibia’s ICT sector. “This significant event demonstrates another example of corporates consolidating efforts to propel the national and Southern African ICT sector forward and stabilising the framework within which development can be streamlined. The availability of reliable and affordable telecommunications is seen by both organisations as a fundamental pillar for the growth of a multitude of sectors, including education, trade and industry, medical services, tourism and entertainment, engineering and manufacturing, infrastructure development…
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Choppies plans to exit 4 countries

Choppies plans to exit 4 countries

Staff Writer Choppies is exiting South Africa, Kenya, Tanzania and Mozambique having suffered running shortfalls, worsened by fraudulent activities, that contributed to the P139 million loss unveiled last week for the half-year ended December 31, 2019. Choppies has 88 stores in South Africa and first entered the country in 2008 The regional grocer will focus its attention on its cash cow, Botswana, as well as Zimbabwe, Zambia and Namibia, but rather than its previous aggression in expanding its footprint, Choppies now plans a “careful, phased” approach. “We are exiting from a few markets where the growth has been coming at…
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COVID-19 drives rentals down . . . as Ondangwa rentals contract  -27.4 % y/y

COVID-19 drives rentals down . . . as Ondangwa rentals contract -27.4 % y/y

Staff Writer This economic weakness is reflected in FNB’s latest FNB Rental Index, which shows a 12-month average growth of 0.3 percent year on year (y/y) at the end of June 2020, following the short-lived growth momentum of 0.9 percent and 0.8 percent y/y seen in April and May 2020 respectively. The development has brought the national weighted average rent price to N$7022 at the end of June 2020 from N$7404 in June 2019. “Namibia has seen an unprecedented spike in the number of new COVID-19 cases over the last three months, signaling that the worst economic effects of the…
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