Observer

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Capricorn Group CIO awarded Southern African financial technology honour

Capricorn Group CIO awarded Southern African financial technology honour

Staff Writer CAPRICORN Group Chief Information Officer (CIO), Dr Etienne Slabbert has been named 2023 CIO of the Year for his exceptional leadership, visionary mindset, and relentless pursuit of excellence in the financial technology realm of Southern Africa. The prize was presented at the 19th edition of the Finnovex Southern Africa 2023 Awards, which took place on July 25 in Johannesburg, South Africa. Finnovex generates thought leadership on cutting-edge issues and solutions, while also recognising individuals and businesses that are reshaping the financial ecosystem and continuously displaying excellent performance. The CIO of the Year 2023 award is based on Dr.…
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Namibia a major priority for Shell & Total

Namibia a major priority for Shell & Total

TotalEnergies Chief Executive Officer (CEO), Patrick Pouyanné says Namibia is a priority for the company as appraisal drilling on the Venus Find are showing positive results and expectations are that the oil column is very big. According to Pouyanné the company aims to start flow testing offshore Namibia in August and will have results from the first test in September. “This is very important as well as productivity per well. If it’s 15 000 barrels per day, its fine, if it’s fine, it’s not fine,” he said. Namibia is considered the world’s top exploration hotspot, as discoveries by Shell —…
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UK Govt to financially aid deported Namibians

UK Govt to financially aid deported Namibians

Niël Terblanché Namibians in the United Kingdom (UK) who do not have legal immigration status will be assisted financially by the British government to voluntarily return home. This was revealed by the International Relations Ministry Executive Director, Ambassador Penda Naanda, who stated that the British government’s Home Office had offered individual Namibians more than N$68 000 as a reintegration package, as well as the cost of their return flight. “We have been engaging the British government on this matter for some time now, and the Home Office’s Voluntary Return Service made the offer that will now allow some people who…
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Meatco optimistic about generating profits

Meatco optimistic about generating profits

Niël Terblanché While stakeholders in Namibia’s beef production sector seek long-term solutions to low prices in the industry, the Meat Corporation of Namibia (MeatCo) has declared that it may still be able to generate profits. Meatco Corporate Communications Officer, Undamuje Hambira stated that higher cattle numbers handled by the state-owned enterprise’s Windhoek Abattoir could signal a big turnaround in the corporation’s profitability. “Meatco believes that if this trend continues, it will result in a consolidated recovery year for the fiscal year running from January 2023 to February 2024. The company performed well in May and June, generating approximately N$107 million…
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I was misquoted: McLeod-Katjirua

I was misquoted: McLeod-Katjirua

Stefanus Nashama Khomas Regional Governor and former Swapo Deputy Secretary-General, Laura McLeod-Katjirua, yesterday said she has no intention of destroying or abolishing the same democracy that her party, Swapo, suffered to build for many years. The Governor said she was misquoted when addressing a conference to elect new party leaders in the John Pandeni constituency over the weekend. “I didn’t mean to bash opposing parties; I was merely pushing Party members to band together, work together, and save the Party so that it could remain in power,” she explained. McLeod-Katjirua said Swapo deserves to remain in power because it delivered…
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CoW’s new CEO to leadwith vision and experience

CoW’s new CEO to leadwith vision and experience

Hertta-Maria Amutenja Former Otjiwarongo Municipality boss Moses Matyayi has officially commenced his post as the City of Windhoek’s (CoW) substantive Chief Executive Officer (CEO) starting 1 August, the capital’s municipality announced yesterday. In a media statement, CoW said they were optimistic about the positive impact Matyayi will have on the organisation and the wider stakeholders of the City. “The City of Windhoek is delighted to welcome Matyayi as its new Chief Executive Officer. We are optimistic about the positive impact he will have on the organisation and the wider stakeholders of the City of Windhoek.” Matyayi’s academic achievements, according to…
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Oil discoveries have potential to alleviate poverty and unemployment: Uaandja

Oil discoveries have potential to alleviate poverty and unemployment: Uaandja

Martin Endjala NAMIBIA Investment Promotion and Development Board (NIPDB) Chief Executive Officer, Nangula Uaandja says the discovery of oil and gas has the potential to alleviate or solve inequality, poverty and unemployment in the country. Uaandja said this at the official launch of the Oil and Gas Conference which is set for August 16-17. The conference has the backing of the Mines and Energy Ministry and is being organised by the The Economic Association of Namibia, the Namibia Investment Promotion and Development Board (NIPDB), and the Hanns Seidel Foundation Namibia (HSF), with the National Petroleum Corporation of Namibia (NAMCOR) serving…
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Chinese Defence Attache optimistic over Nam-China military relations

Chinese Defence Attache optimistic over Nam-China military relations

Staff Reporter CHINESE Embassy Defence Attache, Colonel Gao Peng has expressed optimism that military relations between China and Namibia will grow in the face of global challenges and opportunities. He emphasised China’s commitment to a path of peaceful development and a defence policy based on mutually beneficial defence principles. Peng said this while presenting a commemorative speech at the Chinese Embassy on the occasion of the 96th Anniversary of the Founding of the Chinese People’s Liberation Army (PLA). The event was attended by important visitors, including Namibian leaders, diplomats, and military members, demonstrating China and Namibia’s strong friendship. He said…
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Marginalised Wayawaya community languishing in poverty

Marginalised Wayawaya community languishing in poverty

Martin Endjala Marginalised communities in Wayawaya, Sibinda Constituency in the Zambezi region say they are being discriminated against as most of them are denied employment opportunities and the majority lack national identification documents. This was disclosed during a recent oversight visit to the Zambezi region by the Parliamentary Standing Committee on Constitutional and Legal Affairs, which began consultative engagements with stakeholders on government programmes and initiatives for marginalised communities yesterday. According to Wayawaya community Headman, Jim Ben the lack of identity documents and exclusion from any tribal affiliation makes them ineligible to receive food distributions, while others only receive food…
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Nedbank Namibia opens first in-store agency in Mariental

Nedbank Namibia opens first in-store agency in Mariental

Staff WriterNEDBANK Namibia officially opened doors to their new in-store agency in Mariental.The agency, which is based at the Woermann & Brock Supermarket, will see four Nedbank staff offer sales and enquiries services to the Mariental populace.The official opening was graced by Mariental Mayor, Cherien Kock, and members of the Nedbank Namibia leadership, which included Central, Coastal and Southern regions Area Manager, Nicholas Christians, Head of Personal Loans, Erastus Haihambo, Nedbank Namibia Head of Marketing and Communications, Gernot de Klerk, and members of the Mariental business community.The Nedbank team officiated the event, and officially opened the doors to the agency…
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