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9805 Posts
BoN loses exchange control court case

BoN loses exchange control court case

Niël Terblanché The High Court of Namibia in Windhoek set aside the Bank of Namibia's (BoN) decision to block the bank accounts of six wholesale and retail businesses. The landmark ruling delivered on 31 May 31 by Judge Shafimane Ueitele, scrutinised and found the actions of the Bank of Namibia and its Acting Director of Exchange Control and Legal Services, Penelao Kapenda, unlawful. The case, brought forward by Nemi Investments 104 CC, Nemi Investments 105 CC, Rani Traders CC, Rundu Cash and Carry CC, Dharani Traders CC, and Oshana Cash and Carry CC, revolved around the acceptance and handling of…
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Tsumeb municipality counting toilets

Tsumeb municipality counting toilets

Niël Terblanché The Tsumeb Municipality requested cooperation from all residents and business owners within the town's boundaries for an ongoing survey that aims to count the number of ablution facilities on all residential and business premises. The municipality's chief executive officer, Victoria Kapenda, ssaid that this initiative, which started with door-to-door inspections in August 2023 as part of a resolution the town council approved. Kapenda lamented the fact that the municipality encountered difficulties accessing some premises during the survey. According to her, some properties were inaccessible either because there was no one on the premises or because residents denied enumerators…
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Political parties granted permission to observe voter registration

Political parties granted permission to observe voter registration

Martin Endjala The Electoral Commission of Namibia (ECN) has granted all political parties permission to observe the nationwide voter registration. The Landless People's Movement (LPM) is among the first parties to be granted this permission In a letter dated 31 May, seen by this publication, the ECN chief electoral referenda officer, Petrus Shaama said that, in accordance with the commission's values, there is no objection to granting registered political parties or organisations access to registration venues to observe the voter registration process. “This access is contingent upon submitting a request through the Office of the Chief and management via an…
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Student bodies not part of protest against NSFAF

Student bodies not part of protest against NSFAF

Stefanus Nashama Student bodies have distanced themselves from a protest action to take place this Thursday as announced by social justice activist Michael Amushelelo. Amushelelo informed the Namibian Police Force on Monday about the intended protest action, stating that many students have sought assistance from his political party, the Namibia Economic Freedom Fighters (NEFF), to intervene in the matter. “The beneficiaries of the Namibia Students Financial Assistance Fund (NSFAF), of whom a majority are students, have called upon the assistance and guidance of NEFF to champion their genuine demands. It is not correct that NSFAF has given our people false…
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School forced to close as wells run dry

School forced to close as wells run dry

Martin Endjala Residents of the Ongaaka village in the Omuthiya Constituency in the Oshikoto Region are facing a shortage of water as the wells have run dry. Emilia Tobias, a concerned community member, told the Windhoek Observer on Tuesday that the village has been facing the same issue for many years. According to Tobias, the situation caused the closure of the Kandume Combined School. “The school has no water, and learners who are in the hostel are sometimes sent back home because of the shortage of water. Most of the houses here have tap water, but most of the time…
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Seal genitalia open Pandora’s box for Henties Bay seal factory ownership

Seal genitalia open Pandora’s box for Henties Bay seal factory ownership

Ester Mbathera The ownership of the Henties Bay Seal Products Factory is again being disputed after the company failed in its bid to reclaim 501 boxes of seized seal products The bid to reclaim the products was dismissed in the Katutura Magistrate’s Court recently. Seal Products is harvesting and processing a seal quota in their Henties Bay and Lüderitz factories. The controversy began on 10 January when the Namibian Revenue Agency (NAMRA) conducted a coordinated intervention at a warehouse in Sun Industrial Park, Windhoek, shared by Seal Products and Golden Lion Investment CC. Inspector Felix Ndikoma, a member of the…
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AEA questions the new national minimum wage

AEA questions the new national minimum wage

Niël Terblanché The Agricultural Employers' Association (AEA) has expressed strong objections to the new national minimum wage of N$18 per hour announced by the Ministry of Labour, Industrial Relations and Employment Creation. According to the AEA’s principal officer, Danie van Vuuren, the Ministry's announcement over the past weekend stated that the agricultural minimum wage will see a significant increase from 1 to 2025, starting at N$10 per hour plus in-kind benefits such as rations. According to the ministry's announcement, the phased implementation plan calls for raising the wage to N$14 an hour in 2026 and then to N$18 an hour…
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Seibeb’s replacement was not because of discord with Swartbooi

Seibeb’s replacement was not because of discord with Swartbooi

Erasmus Shalihaxwe Lifalaza Simataa, the national spokesperson for the Landless People's Movement (LPM), has refuted reports that infighting with party leader Bernadus Swartbooi led to the replacement of deputy leader Henny Seibeb as the party chief whip. Simataa said this on Tuesday while confirming the appointment of Utaara Mootu as the party's new chief whip in parliament. The party announced the appointment of Mootu on its social media platforms and congratulated her on her new appointment. “Utaara Mootu is officially the new chief whip of the Landless Peoples Movement. She is now the youngest Chief Whip in the history of…
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Foreign ownership in banking institutions to be reduced

Foreign ownership in banking institutions to be reduced

Martin Endjala The new Banking Institutions Act, 2023 (Act No. 13 of 2023) sets aside 25% for Namibian investors and reduces foreign ownership in banking institutions from 100% to a set requirement of 75%. The Act applies to all banking institutions, whether Namibian-owned or not. According to Kazembire Zemburuka, the BoN’s spokesperson, this requirement aims to align banking institutions with national aspirations expressed in national development plans by fostering a blend of foreign and local ownership and enhancing local empowerment. “This ownership requirement in banking institutions applies to all new banking institutions, irrespective of whether the applicant originates from the…
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SEIBEB QUITS:

Henny Seibeb, the firebrand member of parliament of the Landless People’s Movement has resigned from parliament and the party.Seibeb’s resignation followed a few hours after he was removed as the party’s chief whip.He did not give reasons for his resignation.“Further details and information on the way forward will be provided at a later stage,” he said. Report: Ester Mbathera
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