Observer – Page 286 – Windhoek Observer

26 May

FIMA committee chairman wants public views considered

ObserverFeatured

Martin Endjala The Chairperson of the newly inaugurated Financial Institutions and Markets (FIMA) Committee, Natangwe Ithete cautioned against the handing over of power to one person or entity in deciding on matters relating to the public. He was speaking on Tuesday during the Parliamentary Standing Committee on Economic and Public Administration stakeholder’s consultation on the FIMA Act. He stressed that “These are some of the challenges the country is faced with, with ministries and individuals given too much control over matters concerning the public,”. It is his position that Namfisa and the Finance Ministry, should not jump the gun on…

26 May

Grootfontein Town Council fires Sinvula

ObserverNational News

Niël Terblanché The Town Council of Grootfontein has decided to dissolve the employment contract of Kisco Sinvula as the Chief Executive Officer with immediate effect. Sinvula was supposed to return to work at the start of the week after a High Court Judge ruled that he should be reinstated. Judge Boas Usiku nullified the embattled CEO’s suspension on the grounds that the Town Council’s actions were taken without the permission of Erastus Uutoni, the Minister of Urban and Rural Development. The Chairperson of the Grootfontein Municipality’s Executive Committee, Elisabeth Kastoor confirmed that the Town Council resolved to terminate the employment…

26 May

IPC calls for a referendum on same-sex marriages

ObserverNational NewsIPC calls for a referendum on same-sex marriages

Niël Terblanché By importing horizontally, foreign Common Law Principles from abroad, the Supreme Court of Namibia seriously undermined the sovereignty of the country’s judicial system and made it subordinate to a foreign commonwealth country's court, in a common law jurisdiction, the Independent Patriots for Change (IPC) said. The Independent Patriots for Change says it will support the Proclamation of a National Referendum as the only legitimate superior act of the Sovereign in which the people of Namibia may exercise their authority in which "All power" is vested. In a statement, the IPC said that a referendum is the only possible…

26 May

Cabinet approves N$200 billion agreement to develop Green Hydrogen Project

ObserverNational NewsCabinet approves N$200 billion agreement to develop Green Hydrogen Project

Niël Terblanché The Government of the Republic of Namibia officially approved the country’s entry into a pioneering N$200 billion agreement to develop Sub-Saharan Africa’s Largest Green Hydrogen Project with Hyphen Hydrogen Energy Namibia. The Namibian Cabinet took this landmark decision on Wednesday. The feasibility and implementation agreement will be officially signed today. According to a statement released by the Namibian Presidency, the transformative impact of this project on Namibia and its economy will be considerable. The project will create up to 15 000 new jobs during the construction phase, 3 000 permanent jobs during its operation, with the target for…

26 May

Namibia commemorates Africa Day

ObserverNational NewsNamibia commemorates Africa Day

Niël Terblanché Namibia yesterday joined all other nations of Africa to celebrate 60 years of enormous promise and potential of the diverse and dynamic continent. President Hage Geingob in his special commemorative message said the diamond anniversary of Africa Day is a fitting occasion for all Africans on the continent and those in the diaspora, to celebrate the achievements of the Organisation of African Unity (OAU) and African Union (AU) as an enduring continental body, which has successfully championed the emancipation of the African people from colonial oppression to become masters of their own destiny and development. “The 25th of…

26 May

Nandi-Ndaitwah pays homage to allies on Africa Day

ObserverNational NewsNandi-Ndaitwah pays homage to allies on Africa Day

Niël Terblanché Netumbo Nandi-Ndaitwah, the Deputy Prime Minister of Namibia and Minister of International Relations and Cooperation, on the commemoration of Africa Day thanked countries of the world, that stood by Namibia during the Freedom Struggle. Nandi-Ndaitwah reminded the group of African heads of diplomatic missions that Africans owe it to the founders of the OAU and the people of the world who stood by Namibia during the country’s fight for freedom from colonialism. “I am referring to the government and the people of Cuba whom Africa must ensure we work together with them in prosperity. I am referring to…

26 May

Let the people “Ngungula”- Amoomo …Govt insists Angola’s fuel not up to standard

ObserverNational NewsLet the people “Ngungula”- Amoomo …Govt insists Angola’s fuel not up to standard

Stefanus Nashama The Namibian Government should not relegate its relationship with Angola simply because of fuel illicit smuggling activities commonly known as ‘Ngungula’. These are the sentiments of Prominent Windhoek Lawyer, Kadhila Amoomo, who stressed that the only logical question the Namibian government should ask itself is why people risk their lives to smuggle fuel from Angola. “Namibia and Angola share borders and people cross into both countries on a daily basis. This is because of the good relationship the two countries have. It is high time the Namibian Government critically looks into this,” he said. He said the law…

26 May

Venaani calls on improved trade between African states

ObserverNational NewsVenaani calls on improved trade between African states

Martin Endjala The Pan-African Parliament Deputy Chairperson for the Committee on Trade, Customs and Immigration, Mchenry Venaani, has reiterated that African countries are lagging behind in terms of trading with each other, adamantly stating that there is a need to improve. Venaani said this during the Pan-African Parliament workshop on the Africa Continental Free Trade Area (AfCFTA), which concluded on Tuesday in Midrand South Africa. The workshop was aimed at devising strategies towards the acceleration and implementation of the African Continental Free Trade. It is part of the Pan-African Parliament’s sixth session which commenced last week and will run through…

26 May

Swapo rubbishes letter about the suspension of Geingob

ObserverMain

Stefanus Nashama The SWAPO Party says that a letter circulating on social media platforms announcing the suspension of President Hage Geingob as the leader of the party is not authentic and does not concern the party. The Swapo Party Spokesperson, Hilma Nicanor yesterday in an interview with the Windhoek Observer, denounced the allegations. The letter titled; ‘Suspension from the Swapo Party President Position’ is purportedly written under the name of one Reinhold Shipwiikineni and sparked shockwaves. A number of people reacting to the said letter said that the letter is seriously misleading the nation, damaging the party’s reputation and creating…

24 May

Tourism is set to be one of the best economic drivers for 2023

ObserverObserver MoneyTourism is set to be one of the best economic drivers for 2023

Martin Endjala Namibia’s tourism industry is slowly but surely recovering from the devastation caused by the Covid-19 pandemic and is set to become one of the best economic drivers of national revenue for the remainder of 2023. According to Simonis Storm Securities’ latest Quarterly Economic Review report for 2023, the occupancy rate at hospitality establishments in April 2023 throughout Namibia stood at 51.8 percent, compared to the 36.5 percent recorded in the same month last year. The tourist inflows projector is also showing a steady improvement before Namibia’s peak tourism season which runs from May to September. According to the…