Observer – Page 235 – Windhoek Observer

09 Aug

Omuthiya ready for August 26 Commemorations

Stefanus Nashama OMUTHIYA Town Council says it is ready to host this year’s 33rd Heroes Day commemorations on August 26 at the Omuthiya Recreational Park. Omuthiya Town Council Spokesperson, Ottilie Shingenge stated on Wednesday that the town is ready to host the Heroes’ Day celebration for the second time after hosting it in 2012. “In terms of readiness, Omuthiya Town Council, as a hosting town, is ready to host the 26 August 33 Heroes’ Day commemorations. In terms of venue, cleanliness of the town, and all logistic arrangements are in place,” she said. This follows an official announcement was made…

09 Aug

Interim Nust Chairperson calls for informed decision-making

ObserverNational NewsInterim Nust Chairperson calls for informed decision-making, Leake Hangala, Technology (Nust) Council Chairperson

Staff Writer INTERIM Namibia University of Science and Technology (Nust) Council Chairperson, Leake Hangala has called upon the board and management to make informed decisions without wasting time. Hangala was appointed interim Nust Council Chairperson by the Minister of Higher Education, Technology and Innovation (MHETI), Itah Kandjii-Murangi on July 13 and will serve until a substantive board is inaugurated. The previous Nust Council’s term ended a month ago. The Council has been embroiled in governance issues with the management of the university as well as the Higher Education Minister Kandjii-Murangi. Hangala, an astute businessman with experience in governance is deputised…

08 Aug

Mnyupe to lead GH2 Implementation Authority

ObserverObserver MoneyJames Mnyupe, Mnyupe to lead GH2 Implementation Authority

PRESIDENTIAL Economic Advisor, James Mnyupe, who is also the Green Hydrogen Commissioner, has been assigned to manage the Green Hydrogen (GH2) Implementation Authority Office at the Ministry of Mines and Energy under the GH2 Namibia Program. According to a media statement issued by the Ministry of Mines and Energy on Monday, Mnyupe will manage the program as its Commissioner for five years, reporting directly to the Minister of Mines and Energy. “In this regard, he will be in charge of assembling the necessary team to propel the program’s success in the coming months. Mnyupe will continue to serve as Economic…

08 Aug

Namibia enacts first visual assets Act

ObserverObserver MoneyBANK of Namibia (BoN, Namibia enacts first visual assets Act

Stefanus Nashama BANK of Namibia (BoN) says the country has approved laws for the first time to license and regulate virtual asset service providers and initial token offering service providers. This was revealed by BoN Director of Strategic Communications and International Relations, Kazembire Zemburuka yesterday. BoN will administer the Virtual Assets Act, 2023 (Act No. 10 of 2023) (VAA), which went into effect on July 25. “Before the landmark legislation was enacted, Namibia identified virtual assets as a growing threat avenue for generating and laundering proceeds of crime, with the banking sector and members of the general public being the…

08 Aug

Foreign Investment Act is outdated: Iipumbu

ObserverNational News

Hertta-Maria Amutenja MINISTER of Industrialisation and Trade, Lucia Iipumbu says Namibia’s Foreign Investment Act is out of date and does not accommodate modern investment dynamics such as innovation and sustainable investment. Iipumbu made these statements during the Namibia Investment Promotion and Facilitation Bill Stakeholders Consultation in Windhoek on Monday. She highlighted that the current legislation does not support realistic efforts that encourage the adoption of 4th Industrial Revolution-driven investments, nor will it sufficiently support future policy developments centered on Special Economic Zones, which aim to safeguard Namibia’s ability to attract investments. “The new investment policy regime will thus improve a…

08 Aug

Homosexuality is a call from God: Mushunina

ObserverNational Newsanti-same-sex marriage Private Member’s Bill., Homosexuality is a call from God: Mushunina

Staff Writer JEREMIAH Mushunina has urged President Hage Geingob not to sign Swapo Parliamentarian and former Youth Minister, Jerry Ekandjo’s anti-same-sex marriage Private Member’s Bill. Mushunina became famous after he publicily outted a male pastor whom he was in a homosexual relationship with and was also one of the guest speakers at the Ondangwa anti-gay and same-sex marriage rally. Mushunina stated in a video extensively circulated on social media that homosexuality is a “call from God,” and that no one should deceive the public by attempting to come clean while interacting with people who engage in the practice. “I was…

08 Aug

Prioritise funding entrepreneurship over social grants: Sheehama

ObserverNational NewsPrioritise funding entrepreneurship over social grants: Sheehama

Martin Endjala INDEPENDENT bank researcher and economist, Josef Sheehama says one way to alleviate teenage unemployment is to foster entrepreneurship rather than focusing solely on social grants, as some people advocate. Sheehama told Windhoek Observer that entrepreneurial support appears to be a successful approach because it can lead to enhanced economic inclusion, less assistance dependency, and stronger social cohesion of forcibly displaced people throughout their displacement cycle. “Despite increased coverage of social grants and well-developed social security, poverty in Namibia has historically been high. Monthly grants can greatly improve conditions; nevertheless, they will not provide the same level of support…

08 Aug

MVA Fund targets Ohangwena region’s worrying road crashes

ObserverUncategorised

Martin Endjala THE Motor Vehicle Accident Fund (MVA) has expressed concern over the number of accident related fatalities recorded in the Ohangwena region. The MVA Fund highlighted that the region is ranked third in the number of road crash-related fatalities, and pointed out that a large proportion of incomplete claims result from the region lacking the required documents or incomplete documentation. In a media statement, MVA Fund, Corporate Communications and Stakeholder Relations Manager, Hilaria Graig noted that in addition to the high number of accidents in the region, they want to address incomplete claims and the lack of required paperwork,…

08 Aug

Zhong Mei fights for N$33m garnished by NamRa

ObserverNational NewsBank of Namibia, NamRA, Standard Bank, Zhong Mei fights for N$33m garnished by NamRa

Staff Reporter Zhong Mei Engineering Group has dragged Namra, Standard Bank, Bank of Namibia, and the finance minister to the High Court over N$33m garnished from its account as unpaid tax for 2013 and 2018. The company says Namra instructed Standard Bank to deduct N$33, 031, 543.04 from its account on 12 July 2023 as unpaid tax. According to Zhong Mei, Namra ordered the garnishing order while negotiations to pay off the debt were going on between the parties. The company offered to pay N$2m once off and settle the rest in instalments. Jiang Chong Yaun, who represented Zhong Mei,…

08 Aug

Convicted rapist, Krylov commits suicide in prison

ObserverNational NewsAnna Engelbrecht, Convicted rapist, Krylov commits suicide in prison

Niël Terblanché ALEXANDER Krylov, a Walvis Bay resident, who began serving a 35-year prison sentence in March of this year, committed suicide at the Windhoek Central Correctional Facility. Krylov and his co-accused, Anna Engelbrecht, were sentenced to 35 years and 20 years in jail, respectively, in March this year after being convicted of rape and human trafficking. Krylov was found guilty on 10 charges of rape, ten counts of human trafficking, and one count of giving cigarettes to children under the age of 18, while Engelbrecht was found guilty on three counts of rape and five counts of human trafficking.…