Uncategorised – Page 91 – Windhoek Observer

19 Jun

Lowering the bar damages our children

UncategorisedCovid-19, Jackie Wilson Asheeke

Jackie Wilson Asheeke I am disgusted at the ridiculous decision to drop the passing average for primary school to 35 percent. It was already obscenely low at 40 percent! I am throwing shade on any ministry of education official that agreed to reduce the passing rate percentage. I am insulted to read officials blaming this outrageous decision on COVID-19. That doesn't work! Step up and take your tomatoes in the face for this bad decision that hurts our children. Whether you realize it or not, our children are smarter than you think! The issue around low scores is less to…

19 Jun

Land of the free and home of the brave?

UncategorisedNamibians, The Time Traveler

The Time Traveler: Hugh Ellis I have very mixed feelings about the new US Embassy compound currently being built on a large plot of land in my neighborhood. On the one hand, the United States is a great nation. It's the nation of Barack Obama and Martin Luther King. The nation of the Wright brothers, the humble bicycle mechanics who built the first airplane. The nation of Neil Armstrong and Katherine Johnson, and all the others who got men to the Moon. My education would have been immensely poorer if it were not for the Americans who taught African history…

19 Jun

National Resistance only first phase of National Revolution

UncategorisedNamibian independence

Yours Truly Ideologically: Kae Matundu-Tjiparuro Did March 21, 1990, the day of Namibian independence, usher in the first phase of the national revolution? Comes the question cautious to presume this may have been the case because of the lack of ideological clarity, if not lack of ideology all together in Namibia on national issues. There were two major epochs of national resistance. First against German colonialism and imperialism and occupation, and subsequently against the Apartheid South African regime’s occupation and de facto annexation of South West Africa as its first province. The National Resistance had in its first and launching…

19 Jun

Bank Windhoek cuts interest rates

UncategorisedBank of Namibia (BoN), Bank Windhoek, Monetary Policy Committee

Staff Writer In response to the announcement by the Monetary Policy Committee of the Bank of Namibia (BoN) to cut the Repo rate from 4.25 percent to 4 percent as announced on 17 June 2020, Bank Windhoek has announced a reduction of its Prime Lending Rate by 0.25 percent from 8 percent to 7.75 percent. The bank’s Mortgage Lending Rate will decrease from 9 percent to 8.75 percent, effective from Tuesday, 23 June 2020. “While the possibility of more cuts cannot be ruled out at this point, we expect that the benefit from the sharp cuts will gradually alleviate the…

18 Jun

President Geingob’s Philosophy is paying off

Uncategorised

…the case of Namibia’s COVID-19 response Lameck Odada Like any other country in the world, Namibia is also dealing with the outbreak of COVID-19 and trying to alleviate what has become a pandemic. With confirmation of the first two cases of COVID-19 in the country on March 14, 2020, President Hage Geingob declared a State of Emergency on March 17, 2020 and directed an immediate lockdown that lasted for 38 days. Among many other crucial decisions was the cancellation of the 30th Independence Day public celebration. Infections flattened at 16 cases with no new cases reported for 45 days, until…

18 Jun

BoN cuts Repo rate to 4%

UncategorisedDeputy Governor, e Bank of Namibia (BoN), Ebson Uanguta

Staff Writer The Bank of Namibia (BoN) Monetary Policy Committee (MPC) has cut the Repo rate from 4.25 percent to 4 percent, a move which translates to a cumulative 2.50 percentage point reduction since the beginning of the year. “This decision was taken following a review of global, regional and domestic economic and financial developments. The MPC is of the view that at this level the rate is appropriate to continue supporting domestic economic activity while at the same time safeguarding the one-to-one link between the Namibia Dollar and the South African Rand,” Deputy Governor of the Bank of Namibia,…

17 Jun

Your small business can adapt to COVID-19 hindrance

UncategorisedBank Windhoek, Covid-19

Loide David The International Monetary Fund’s latest Global Financial Stability Report indicates that financial systems have already felt a dramatic impact during the COVID-19 crisis. In the United States, one of the hardest-hit countries with over two million COVID-19 cases, the effect of the pandemic on businesses has caused it to register close to 40 million job losses. Most of these job losses are from small businesses. Small businesses are privately owned establishments, enterprises, sole proprietorships with fewer employees, and less annual revenue than a regular-sized business or corporation. In a Namibian context, the commercial bank’s regulator, Bank of Namibia,…

17 Jun

Ngwangwama appointed NWR Managing Director

UncategorisedDr Matthias Mpareke Ngwangwama, Namibia Wildlife Resorts (NWR)

Staff Writer Namibia Wildlife Resorts (NWR) Board of Directors has appointed Dr Matthias Mpareke Ngwangwama as the substantive Managing Director effective 1 April 2020 for a period of five years. Ngwangwama has been acting Managing Director of NWR since 23 April 2019 following the exit of Zelna Hengari. Ngwangwama is no stranger to NWR, having been the longest-serving Chief Financial Officer (CFO) of the hospitality company, before taking over as the Chief Officer: Strategy and Projects within the organisation two years ago. "As a board we know we have made the right choice. Being a PhD holder in Business Management…

17 Jun

A dream, hard work and perseverance

UncategorisedDebmarine Namibia, Wilbard Mwetulundila

A journey for Wilbard Mwetulundila Wilbard Mwetulundila grew up in Onamutayi Village east of Ongwediva with his seven siblings. As a child, he was fascinated by battery-operated toys and his persisted of engineering curiosity birthed a Marine Electrician at Debmarine Namibia. He has an unwavering love for engineering and on the quest to follow it though to make sure that his childhood dream of becoming an engineer is realised. “I always had a picture of myself working in an engineering space. Given that burning passion, it was just a matter of putting in the effort to fulfill my dream”. After…

16 Jun

Beware of cyber scams

UncategorisedCovid-19, cyber, Iyaloo N Waiganjo, Moses Waiganjo

Moses Waiganjo and Iyaloo N Waiganjo COVID-19 has forced most citizens around the world to stay home and to make use of information technology infrastructure such as smart phones, computers and tablets to carry out their daily online activities. The precipitous rise in internet usage at this specific and unique time has also given a green light to more cyber conmen and criminals to attempt to steal money and personal information. During this pandemic, many services are offered online to comply with social distancing as directed by the government. Academic classes are offered online from primary to tertiary levels. Employees…