Observer – Page 146 – Windhoek Observer

15 Dec

Exclusive Interview with Rosvitha Ghunonga Mansodi aka DJ Rossberry, Kavango Super Cup Festival Spokes person

ObserverSportsExclusive Interview with Rosvitha Ghunonga Mansodi aka DJ Rossberry, Kavango Super Cup Festival Spokes person

NAME : Rosvitha Ghunonga Mansodiaka DJ RossberryDATE OF BIRTH : 12 SeptemberPLACE OF BIRTH : RunduPOSITION : Marketing officerORGANIZATION : Kavango Super Cup FestivalPOSITION : Spokes personCLUB : Kavango Super Cup Festival Who is DJ Rossberry, and how did you end up being involved in sports?My journey in sports started in 2021 when I was appointed to become a social media manager for a sports festival called Kavango Super Cup. I started creating content for sports and interviewing the players and the public about the tournament. 2022 I was appointed as the marketing officer for the festival, I did the…

15 Dec

What ideologies do political parties, formations offer?

ObserverOpinionsformations offer?, What ideologies do political parties

AN ideology can be defined and or described as a system of ideas and ideals, especially one which forms the basis of economic or political theory and policy. Yours Truly Ideologically is deliberately invoking the definition ideology because ideology is something many, if not most if not all, Namibian political parties and formations take for granted. This is despite their claims, and/or pretentions to being players on the local political terrain aspiring, for some illusively ambitiously so, to political power. But once obtaining such political power it has never been clear what they want to do with it, based on…

15 Dec

President hands over 89 MHDP houses in Swakopmund

ObserverNational NewsPresident hands over 89 MHDP houses in Swakopmund

Niël Terblanché Namibia took a significant step forward when President Hage Geingob handed over 89 houses constructed under the Mass Housing Development Programme (MHDP) to a group of fortunate recipients in Swakopmund. “Today is yet another step forward in the government’s quest for National Housing Delivery. In this Year of Revival, we have managed to accomplish quite a lot, notwithstanding our economic realities. One thing is for sure: No matter what challenges we have faced, are facing, and may face in the future, I can confidently reaffirm our government’s unwavering commitment towards the provision of decent and affordable houses and…

15 Dec

Namibia is on track with economic recovery and stability

ObserverNational News

Niël Terblanché Namibia is currently navigating a path of economic recovery by focusing on preserving macroeconomic stability, advancing structural reforms, and protecting its most vulnerable citizens which is crucial for fostering private sector-led inclusive growth. This approach is also seen as key to reducing the persistent challenges of unemployment and inequality in the country. In a recent assessment by the International Monetary Fund (IMF) during its 2023 Article IV Consultation, Namibia has shown remarkable resilience against global economic shocks. According to the IMF’s findings, the country has effectively managed the adverse effects of the COVID-19 pandemic and the ongoing geopolitical…

15 Dec

PM calls for human rights-centred development policies in Geneva

ObserverNational News

Niël Terblanché Namibia’s challenges in accessing global capital markets, exacerbated by factors such as exchange rate and market volatility came under scrutiny at the Human Rights 75 high-level event in Switzerland. The country’s classification as an upper-middle-income country is limiting its access to developmental assistance because of stringent loan conditions that are not centred on human rights. Dr Saara Kuugongelwa-Amadhila, the Prime Minister of Namibia, while chairing the third roundtable discussion at the event marking the 75th anniversary of the Universal Declaration of Human Rights (UDHR) in Geneva said that there is an urgent need to address global inequalities and…

15 Dec

Electricity boosted by good Ruacana flow

ObserverObserver Money

CHAMWE KAIRA The electricity and water sector is expected to maintain strong growth in 2023, before registering low growth in 2024, according to Bank of Namibia statistics. The electricity and water sector is estimated to grow by 9.5 percent and 4.2 percent in 2023 and 2024, respectively, a slowdown from 10.3 percent in 2022. The strong growth in 2023 is mainly attributed to the electricity sub-sector where local generation of electricity improved on the back of an increased water level at the Ruacana hydro-power plant during the latest rain season. The latest growth estimate for 2023 was revised upwards by…

15 Dec

SIM card registration period will not be extended

ObserverNational NewsSIM card registration period will not be extended

Martin Endjala The Ministry of Information and Communication Technology (MICT) has maintained that the period for the registration of Subscriber Identity Model (SIM) cards will not be extended beyond the 31 December 2023 deadline. This is despite calls from various sections of society to extend the set deadline During an interview with Windhoek Observer this week, the Executive Director of the information ministry, Audrin Mathe said that despite the time frame provided for this critical process, it is disappointing to observe the low public response, reiterating that there will be no extensions. Mathe and representatives from both the Communication Regulatory…

15 Dec

Low volumes delay Namcor/TransNamib deal

ObserverObserver Money

CHAMWE KAIRA The Memorandum of Understanding signed between Namcor and TransNamib on September 6, 2021 for the transportation of lubricants has not commenced yet because of the lower volumes. “Regarding the quantity of petroleum and lubricant products transported by Namcor since the agreement was signed, we have not yet commenced the transportation of lubricants with TransNamib. This is due to lower volumes, and our strong client relationships allow us to deliver lubricants directly to our customers,” said Paulo Coelho, Manager of Marketing, Communication and Public Relations at Namcor. However, Coelho, said in terms of ULP and Diesel, for the year…

15 Dec

Paratus plans to invest N$137m in infrastructure

ObserverObserver Money

Chamwe Kaira Communications company, Paratus Namibia plans to invest N$137.8 million investment into infrastructure in 2024, the company said in the Integrated Annual Report 2023 released recently. Paratus said this investment will mainly be earmarked for capital expenditure projects. These projects include the completion of the fiber route running through Botswana to connect South Africa with the Equiano Submarine Cable, long-term evolution (LTE) expansion to the major towns of Namibia, which provides inter-alia Paratus with the ability to compete in the lower market segment. The capex will be funded with own cash resources only, the company said. Paratus Namibia Holdings…

15 Dec

ANIREP plans to secure 30 percent market share

ObserverObserver Money

CHAMWE KAIRA Alpha Namibia Industries Renewable Power Limited (ANIREP) has vision to secure a 30 percent market share in the renewable energy sector. During the first half, the IPP Sale of Electricity through ANIREP Solar (Pty) Ltd consistently generated a steady income of N$17.2 million, aligning with the preceding period, attributable to Power Purchase Agreements (PPAs). The PPA with NamPower remains effective until 2040, while the PPA with CENORED was extended in December 2022 for an additional year, now spanning until 2042. This extension accommodates a 120 percent capacity increase and volumes, expanding the current capacity from 5MW to 11MW,…