Observer

2535 Posts
Cost of money, living show no respite
17 Aug

Cost of money, living show no respite

ObserverDaily Observer, ,
Tujoromajo Kasuto The Monetary Policy Committee (MPC) of the Bank of Namibia decided to increase the Repo rate by 75 basis points to 5.50 percent from 4.75 after its bi-monthly meeting on the 15th and 16th of August. Simonis Storm analyst Theo Klein said that the repo rate remains low relative to inflation in Namibia and South Africa, suggesting that monetary policy is accommodative at the moment. He observes that the repo rate has never been so low compared to inflation in the last 10 years, both in Namibia and South Africa. However, the gap is narrowing as the pace…
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Stereotypes condoning violence should be condemned
17 Aug

Stereotypes condoning violence should be condemned

ObserverDaily Observer, , ,
Martin Endjala National Council lawmakers today approved the Combating of Domestic Violence Amendment Bill with a call to change in attitude by advocates of domestic violence. The bill passed in the chamber saw several MPs expressing the need of moving away from just saying beautiful words and start taking actions. Paulus Mbangu, the Rundu Constituency councillor emphasised that every Namibian must become a campaigner against domestic violence emphasising that domestic violence is getting out of hands, causing emotional harm to victims. The MP emphasised that lawmakers need to start conversations about domestic violence in their regions and constituencies during stakeholders…
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Lack of funds halt many projects in Kavango West
17 Aug

Lack of funds halt many projects in Kavango West

ObserverDaily Observer, , ,
Staff Writer The construction of the Nkurenkuru Intermediate Hospital in the Kavango West Region has been on hold for eight years since its ground breaking ceremony which was done by former President Hifikepunye Pohamba in early November 2014. Ministry of Health and Social Services executive director Ben Nangombe said the availability of funds has affected the implementation of the hospital project. “The district hospital has been put on hold; the process had started but due to financial constrains the construction of the regional hospital could not take place. The availability of funds to implement these capital projects has affected that…
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Candles lit for KK never to go out to ever keep his legacy
17 Aug

Candles lit for KK never to go out to ever keep his legacy

ObserverDaily Observer, ,
Staff writer Evidently 18 August, and its fatefulness, is still very much fresh in the memory of the two siblings, Mutumbe and Njikora Kazenambo. They are two sons of the firebrand son of the Namibian soil and nationalist, Kazenambo Kazenambo. On this day, a year ago, he bowed out of this world, months after having heavily wrestled with the dreaded Covid-19 pandemic, and seemed to have overcome it. The two were part of a nucleus of the Late KK’s close family members, associates and comrades, who would pass this fateful day for nothing in this world, to reconnect with him…
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Successful green hydrogen projects revealed
16 Aug

Successful green hydrogen projects revealed

ObserverDaily Observer, , , ,
Tujoromajo Kasuto Presidential Economic Advisor and Green Hydrogen Commissioner James Mnyupe today announced four successful pilot projects that will be funded to the tune of N$500 million. The projects are across agricultural, logistics and refuelling sectors. The Daure Project, Namport, Cleanergy and TransNamib are the four successful projects that will benefit from the N$500 million funded by the German government to build pilot green hydrogen projects. This 500 million injected is part of the Harambee Prosperity Plan two (HPPII) economic recovery plan and will assist with job creation and knowledge transfer for SMEs, TransNamib and Namport. Furthermore, he said they…
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STOP PRESS
16 Aug

STOP PRESS

ObserverDaily Observer, ,
Staff Writer The Windhoek Observer has learnt that President Hage Geingob has communicated in writing to the SADC Summit of Heads of State and Governments that he would not accept the SADC Trioka chairperson position, citing difficulties Namibia is currently going through, which need his full attention. SADC Trioka is the body that attends to all regional conflicts and political tensions. The region is currently faced with instability in the Democratic Republic of Congo, where rebel forces have been destabilising the mineral reach country for years. Another flashpoint in the region is Mozambique, where SADC has deployed its standby force…
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Geingob’s time for SADC Troika
16 Aug

Geingob’s time for SADC Troika

ObserverDaily Observer, ,
Martin Endjala President Hage Geingob will be attending the 42nd SADC Heads of State and Governments Summit in the Democratic Republic of Congo that starts tomorrow. The president returns on Thursday. The Troika is the regional body’s instrument to take quick decisions on behalf of SADC that would ordinarily have be taken at policy meetings scheduled at regular intervals, as well as the power to provide policy direction to SADC institutions in between regular SADC Summits. President Geingob will be taking over that responsibility from the current chair, South Africa’s President Cyril Ramaphosa. Each year a different chairperson is endorsed…
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National Council passes three bills
16 Aug

National Council passes three bills

ObserverDaily Observer, , ,
Martin Endjala The National Council today passed three bills referred to it by the National Assembly, that will now see the bills being adopted in the lower house when it resumes. The bills passed were the Access to Information Bill, Combating Rape Amendment Bill and Metrology Bill. Some National Council MPs have advised that additional elements be added onto the bills to better serve their full implementation. One of these recommendations was narrated by MP John Likando said that Access to Information is no longer a necessity but a fundamental need in today’s livelihood with the emerging 4IR driving the…
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Schlettwein in breach of contract claim
15 Aug

Schlettwein in breach of contract claim

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Staff Writer Greenteam Consultants (GC) has instituted legal proceedings against the Minister of Agriculture, Water and Land Reform, Calle Schlettwein for allegedly breaching an agreement they entered into in 2017. Greenteam is claiming N$3 423 750 at a rate of 20 percent per year, including cost of suits for breaching an agreement to have the consultancy firm create an Integrated Regional Land Use Plan for Omusati Region at a cost ofN$4 150 000. The consultancy wants Schlettwein to pay GCCC the total amount of funds as per the agreement and that he would invite and organise the logistics of stakeholder…
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NamWater owed N$1.5 billion
15 Aug

NamWater owed N$1.5 billion

ObserverDaily Observer, , ,
Tujoromajo Kasuto NamWater is owed a combined N$1,4 billion by customers, who continue defaulting on their water payments. This was revealed by the Chief Executive Officer Abraham Nehemia at the signing ceremony of a letter of commitment between NamWater and Langer Heinrich Uranium Mine that will see the mine being reconnected to NamWater’s supply system. Nehemia says that local authorities have been relaxed in terms of collecting debt and their new massive strategy of installing prepaid water meters in residential areas will mitigate this. The CEO noted that they have started and debunked fears that since the commencement of the…
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