Uncategorised – Page 81 – Windhoek Observer

04 Sep

Equity funding – a savior in uncertain times

Uncategorised

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…

04 Sep

Old Mutual launches new customised insurance proposition

UncategorisedKosmas Egumbo, Old Mutual

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…

03 Sep

StartUp Namibia launches round 2 funding

UncategorisedCovid-19, German Federal Ministry of Economic Cooperation and Development, Startup Grant, StartUp Namibia

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…

03 Sep

Hosea Kutako prepared for tourist arrivals

UncategorisedHosea Kutako International Airport (HKIA), Namibia Airports Company

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,…

02 Sep

Appointments and changes at Bank Windhoek

UncategorisedZenaune Kamberipa

Staff Writer Bank Windhoek has announced new executive changes which have seen Zenaune Kamberipa appointed as its new Chief Financial Officer, effective 1 September 2020. Kamberipa will be taking over the role from James Chapman who has been appointed the bank’s Executive Officer: Retail Banking Services. An auditor by profession, Kamberipa started his career as at Deloitte SA in 2010 and moved back to Deloitte Namibia in 2013 and was previously the Group Financial Manager at FirstRand Group for four years. “In my new role at Bank Windhoek, I look forward to implementing and driving the financial strategy of the…

02 Sep

Rössing Uranium, Swakop Uranium support road safety

UncategorisedArandis, CNNC Rössing Uranium, Swakop Uranium, Swakopmund

Staff Writer CNNC Rössing Uranium and Swakop Uranium has announced that it has installed Stimsonite road studs on the B2 road between Swakopmund and Arandis as part of the mines’ continued efforts in supporting communities in which they operate. According to the miners, the project is geared to improve road safety on the 40 kilometres stretch of road from the road block outside Swakopmund to the turn-off at Arandis, a distance of just over 40 kilometres. The project which cost N$200,000, was handed over to the Roads Authority Namibia on Monday. Stimsonite studs are embedded type of reflective road studs…

01 Sep

Baking Masterclass empowers 16 women

UncategorisedBaking Masterclass, Executive Officer Ingah Ekandjo, Kilimandjaro, Metropolitan Namibia, Oshitenda

Staff Writer Sixteen unemployed women from various informal settlements in Windhoek were recently empowered with the skill of baking. The women participated in a special Women Empowerment Baking Masterclass hosted by Shiwomeho Kalla, the founder of Shiwa The Baker and Metropolitan Namibia. The Introduction to Baking Masterclass is an initiative by Shiwa The Baker that aims to empower aspiring bakers with the baking and business skills they need to thrive and gives them confidence to pursue their dreams of owning their own businesses. While women are key drivers to prosperity, they face a myriad of barriers in terms of entering…

29 Aug

Couch Cat: SQUISH is not bad

UncategorisedCouch Cat, SQUISH

Jackie Wilson Asheeke My daughter Martha turned me on to these baby food squeeze pureed fruit packets called, “SQUISH”. OK, before you write me off as weird, let me make my case. I am trying to deal with the fact I am more sedentary in my remote work these days of lockdown and staying away from people as much as possible. As a result, I snack and nibble too much. Being brave, I have cast chocolate out of my life (boo-hoo) and I am munching on fruit as often as I can. (The mineolas these days are great!) I am…

29 Aug

Most political parties are chips from same old capitalist block

Uncategorisedcapitalist, Yours Truly Ideologically

YOURS TRULY IDEOLOGICALLY: Kae Matundu-Tjiparuro “All the natural resources and the means of production must ultimately be owned publicly,” reads an article from what had come to be known as the “yellow book”, a booklet outlining Swanu of Namibia’s objectives for the liberation and reconstruction of Namibia. It does not end there but further enumerates this party’s revolutionary intents post-colonial. Its blueprint for the radical socio-economic transformation of the country. “Free enterprise activity in certain sectors of the economy may be allowed for a certain period of time, provided it is considered beneficial to the national economy and the people’s…

29 Aug

Not retiring to the penthouse…

UncategorisedThe Time Traveler

The Time Traveler: Hugh Ellis As pictures go, you wouldn’t expect a graph I was sent by a retirement fund to be dramatic enough to warrant a column in a newspaper, but here we are. On the x-axis was time, specifically my future age if the ‘Rona or other misfortune does not get me before 55 or so. On the y-axis was the amount of money my pension fund would have to pay me monthly, should I retire at any of the said ages. A horizontal grey line represented, in real terms, 75 per cent of my current salary –…