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O&L acquires majority stake in German company

O&L acquires majority stake in German company

Staff Writer The Ohlthaver & List (O&L) Group has acquired a majority stake in CRONIMET Mining Power Solutions GmbH from the exiting shareholder CRONIMET Mining AG in Switzerland and the deal is effective, 1 August 2020. Engineering-Procurement-Construction (EPC), is a German-based renewable energy project development, investment and asset management company. “The merger comes after half a decade of successfully partnering with CRONIMET in Namibia through a joint venture. In cementing the corporate merger, the O&L Energy business and CRONIMET will henceforth adopt its new trade name and brand, “O&L Nexentury” As of August 2020, “CRONIMET Mining Power Solutions” and “O&L…
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Netflix – The Old Guard – check it out!

Netflix – The Old Guard – check it out!

Jackie Wilson Asheeke Ok, Martha, my youngest daughter and movie-watching BFF, and I saw The Old Guard on Netflix. OMG (as she would say) – that movie was lit! Ironically, my other daughter, Neni in France also watched it. We agreed that the next movie we watch, we will do it via Netflix Party so we can text each other while the movie is going on. I must give context that we are a super-hero-movie-loving household. Therefore, a movie about a hidden team of immortal mercenaries that have been running around the planet fighting in wars and conflicts for centuries…
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COUCH CAT: Send for take-out, please

Jackie Wilson Asheeke With the setback in our advancement towards a full end of the State of Emergency, restaurants and cafes are getting kicked in the butt again. We can’t go to our usual places and meet friends, socialize (from a distance), or get a hot meal or cappuccino anymore. We can only get take away. To keep the declining restaurants alive for a bit longer, those who can, must get take-aways as often as possible. If you are like me and working remote and suffering on half salary indefinitely, money is super tight (even though you are actually putting…
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Clash of the Doctors

The Time Traveler: Hugh Ellis The President’s Special Adviser on Health Matters, Dr Bernard Haufiku, was given his marching orders by Hage Geingob recently. This was reportedly after Minister of Health Dr Kalumbi Shangula complained to Geingob that Haufiku was ‘causing discord among team members’ in the fight against Covid-19, and ‘disclosing sensitive information’ without prior clearance. Personally, I’ve no idea if Dr Haufiku was indeed being a difficult git - or whether, as many of the public suspect, he had a knack for telling the unvarnished truth, which rubbed career bureaucrats obsessed with protocol the wrong way. Having worked…
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Poor and black does not equal criminal and bad

Jackie Wilson Asheeke I read an interesting opinion piece in the Namibian from Elifas Nghtomoka about the criminalization of poverty. It is a fact of life in Namibia that if you are poor and black in Namibia you are guilty until you are proven innocent. This must stop. The police are extra vigilant against the poor and black particularly in the tin shack suburbs as if that is the only place where crimes happen. People would be shocked about the high levels of criminality that takes place behind the high walls of lovely homes in affluent areas. Indeed as the…
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How can capitalism be expected to deliver?

Yours Truly Ideologically-Eighth Instalment: Kae Matundu-Tjiparuro Yours Truly Ideologically, inaugurated with a broadside at local analysts for their hollow, empty and ideologically void verbiage on the management of state and/or governmental affairs, socio-economically, and also politically. Observing that for most the analytical verbiage has never posited the system in its proper ideological context, either way be it socialist-oriented , capitalist or a mixture of the two, as Namibia’s is proffered to be. For these analysts, the bottom line has been seemingly the non-delivery of the system. Ignoring the fundamental question: Deliver what, and who from what? Deliver the workers from…
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Mungunda to exit Standard Bank

Mungunda to exit Standard Bank

Staff Writer SBN Holdings and Standard Bank Namibia have announced that Vetumbuavi Mungunda has given notice of his intention to step down as Chief Executive with effect from 1 May 2021. The listed banking group said the advance notice will allow for a well-planned, smooth transition process and sufficient time for a suitable candidate to be found “This will help to ensure that our valued clients and our operations are not impacted by the change in leadership. The Board will commence a process to appoint a successor to Mr. Mungunda and a further announcement will be made in due course,”…
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Meatco concludes stakeholders engagements

Meatco concludes stakeholders engagements

Staff Writer Meatco’s new board and management team has concluded its second round of stakeholder engagements. The purpose of the Farmer Liaison Meetings (FLMs), under the theme “Restoring Trust and building relationships”, was for Meatco to put minds together with farmers, find out their thoughts on the future of the business and map a collective way forward. In attendance was Otjozondjupa Regional Governor James Ueriikua, who noted that the agricultural sector employed 60-70 percent of the population, therefore, agriculture is truly the backbone of the Namibian economy. He pointed out that farmers are facing water challenges and programmes on water…
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The genocide negotiation boat is stuck: Forward Never Backward Never

Dr Rukee Tjingaete The boat carrying the team negotiating genocide reparations that consist of a section of the affected communities and the two special envoys representing the German and Namibian governments is stuck in the middle of the sea because the priorities seem wrong. They are dead-stuck on the issues of apology which in fact should not precede reparations. An accepted apology in many cultures implies that the complaint is amicably dealt with and it is over and any other compensatory action beyond that matter constitutes a sign of goodwill and may not be compulsory. The priority right now should…
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Farming is a life-long learning process

Farming is a life-long learning process

Renathe Nasimas and Abraham Nasimab are a successful farming couple, who after years of relentless pursuance and balancing amid parenting, full-time jobs and weekend farming, are aspiring to be on top of their agribusiness today. They currently farm with small livestock, poultry and are experimenting with horticulture. They are an embodiment of the phrase, “hard work does pay off”, constantly hunting for knowledge, adapting, reducing, renewing and expanding their business interests. From their humble beginnings as civil servants, Renathe was a nurse while Abraham a television technician in Windhoek. Initially, Renathe, a liberation war veteran, wanted to retire early at…
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