Covid-19

Air Namibia to reassess COVID-19 impact
29 Apr

Air Namibia to reassess COVID-19 impact

ObserverObserver Money,
Andrew Kathindi Air Namibia Acting MD Elia Erastus said the airline will review the full impact of COVID-19 on its operations after 36 months even though they’ve managed to fully retain staff and pay salaries during the lockdown. Erastus revealed that Air Namibia has had zero revenue generation in the last month. He was hopeful the relaxation of lockdown regulations would allow the airline to focus on internal flights and generate some revenue. Erastus said the national airline will focus on regional flights to curb competition. He points out that the negative ripple effect of COVID-19 on airline operations is…
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China debt relief not on the table-Shiimi
29 Apr

China debt relief not on the table-Shiimi

ObserverObserver Money, ,
Staff Writer Finance Minister Iipumbu Shiimi says government has not considered appealing for debt relief from China, in light of the increased financial burden that the emergence of COVID-19 has had on government coffers. This comes as government has continued to dig deep to fund various grants to assist those that have been hardest-hit by the effect of COVID 19 such as businesses and workers in tourism, construction and other service sectors. “It is not something that we have looked at and we don’t have a government position on that,” the finance minister said. Of the N$93 billion that government…
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29 Apr

Prepare for the re-opening of Namibia now

ObserverNational News, ,
The time to reset minds, attitudes businesses to a post-COVID-19 reality is now. Fisheries Ministry executive director Moses Maurihungirire allowed Erongo Marine Enterprises to go to sea despite the ban. Allowing one freezer vessel to go out while others remain on lockdown is not the way to re-open the economy. It is a poor start, but a start nonetheless. We can do better. Now that one vessel is out, the sea should be open for the other vessels as quickly as practicable. The last thing needed now is even more hostility on the docks due to the accurate perceptions about…
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Meatco donates corned beef
28 Apr

Meatco donates corned beef

ObserverUncategorised,
Staff Writer Meatco has donated 25 000 tins of corned beef to be distributed amongst Namibians that have been hit hardest by the COVID-19 pandemic. According to Meatco CEO, Mushokabanji Mwilima the distribution of the corned beef will be left in the hands of the Regional Council who will oversee the distribution of the parcels to those who need them most. “Meatco will remain pragmatic during this time of need, I don’t want to go in too much detail for now. I just want to reiterate our willingness to assist however little; we are assisting our fellow Namibians/human beings with…
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Namibia faces malnutrition headache
28 Apr

Namibia faces malnutrition headache

ObserverObserver Money, ,
Andrew Kathindi Nutrition experts have warned that cases of malnutrition in the country could rise due to increased job losses as a result of the COVID-19 pandemic. “We are food secure as a nation but household’s access to food is becoming a challenge as financial resources are not available due to the ongoing loss of income and employment,” said Senior UNAM Lecturer, Nutritionist and founding Nutrition and Food Security Alliance of Namibia (NAFSAN) Board Member, Charlotte Keyter. She said the ongoing retrenchment and loss of income for those in the informal sector because of the COVID19 pandemic was impacting on…
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SSC rolls out salary protection scheme
28 Apr

SSC rolls out salary protection scheme

ObserverObserver Money, ,
…recipients must agree to not retrench for three months Andrew Kathindi The Social Security Commission (SSC) has officially unveiled the National Employment and Salary Protection Scheme for COVID-19 to cater for nine hard-hit sectors, including domestic workers. This relief package which comes to the value of N$623 million is being delivered in collaboration with the Ministry of Finance, which will provide N$400 million in cash from the taxpayer collections, with the balance coming from the SSC. SSC Executive officer Milka Mugunda said the sectors most hard hit by the pandemic will benefit, but the rollout will start with the tourism,…
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28 Apr

The climate of inconsistency

ObserverUncategorised,
The state of emergency remains and the lockdown is not supposed to end until midnight May 4th. But, it is getting harder to tell that this is a time of world and national medical crisis from the increase in public movement on the streets. As usual in Namibia, the climate of inconsistency strikes again. With an infectious disease at stake, one wonders if people believe that stupidity is a contamination suit against germs. Everyone is passionate and burning with enthusiasm when programs begin, but as time passes, urgency is the first casualty. This is not only a Namibian 'thing'. It…
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N$600m lost in the arts sector
27 Apr

N$600m lost in the arts sector

ObserverObserver Money,
Andrew Kathindi The chairman of the National Arts Council of Namibia (NACN), Patrick Sam says around N$600 million in potential revenue has been lost in the Namibian arts and entertainment sector due to the COVID-19. He attributes this to a number of shows, events, arts sector based public gatherings that have been cancelled or postponed as well as advertising firms’ projects called off due to the lockdown. “We currently have 143 individual members and 22 organizations registered. There are no statistics available to gather the data of the wide-reaching impact of the pandemic because the sector has not been prioritized…
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27 Apr

Observatory: Let’s not forget about mental well being

ObserverUncategorised
Thandizo Kawerama The lockdown caused by COVID-19 is obviously going to have a lot of economic implications over a very long term. As stated by the minister of finance, our economy is estimated to be losing N$285 million per day. A stimulus package has been prepared and I think it’s great to see steps being taken toward providing a financial cushion. I do however believe we also need to put urgency on preparing for the social problems that will most certainly increase in light of our new reality. People don’t always react positively to change. In the face of a…
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27 Apr

Hats off for a top media rating for Namibia

ObserverUncategorised,
There is a time to crow about good things. During the bad financial and economic news about the COVID-19 financial backlash, we want to cheer about this country’s number one rating in Africa for media freedom from Reporters without Borders (Rsf). As we move on from COVID into a new reality of how the world now works, we can look to the Rsf assessment and feel proud. In their brief assessment note on their website (https://rsf.org/en/namibia) this country is given kudos mainly for the legal judgement against the national security agencies that wanted to silence a news report about their…
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