info_e12wt4cs – Page 429

14 Feb

Vehicle sales surge in January

info_e12wt4csObserver Money

Martin Endjala The beginning of 2024 has witnessed a significant uptick in vehicle sales, achieving the highest January figures since 2016. A total of 1,369 vehicles were sold, with 950 of these being new units. This marks a notable increase of 13.0 percent from December's 841 units and a 17.7 percent increase from January of the previous year, where 807 units were sold. A report from Simonis Storm Securities highlights this consistent growth, projecting an optimistic outlook for vehicle sales in 2024. The data reveals that rental agencies contributed to this surge by purchasing 41 vehicles, including a mix of…

14 Feb

Bank Windhoek’s Board welcomes Alders-Sheya

info_e12wt4csObserver Money

Erasmus Shalihaxwe Bank Windhoek Board of Directors, Chairperson Johan Swanepoel, has yesterday announced the appointment of Justina Alders-Sheya as a member of the Board effective Monday, 12 February 2024. Swanepoel said Alders-Sheya is a highly accomplished Namibian professional with an impressive background in the financial sector. “She has over 20 years of international experience in the financial services sector, particularly in Banking, Corporate Finance and Asset Management,” Swanepoel said. Adding that Alders-Sheya has held key positions at renowned institutions such as Triodos Bank Group in the Netherlands, EY and ING Group in Amsterdam. Apart from her working experience, Alders-Sheya holds…

14 Feb

Urban Informality: The Kasi Does It Best

info_e12wt4csOpinions

Urban informality, often depicted as a hindrance to progress, is in fact a multifaceted phenomenon with untapped potential to foster inclusive urban development. Urban informality encompasses economic, social, and residential activities operating outside formal regulatory frameworks in urban areas, such as informal settlements, unregistered businesses, and street vending. By critically examining prevailing narratives and embracing the complexity of informality, we can unlock its transformative power and pave the way towards more equitable cities. The Fallacy of Top-Down Approaches Traditional approaches to urban informality, characterised by top-down interventions and punitive measures, have perpetuated cycles of marginalisation and exclusion. From forced evictions…

14 Feb

Africa Union Sports Council Region 5’s Visionary Retreat Sets Stage for Sports Innovation and Excellence

info_e12wt4csSportsAfrica Union Sports Council Region 5’s Visionary Retreat Sets Stage for Sports Innovation and Excellence

The African Union Sports Council (AUSC) Region 5 recently convened a landmark planning retreat in Botswana. The retreat served as a pivotal moment to reflect on past achievements, review existing strategies, and pave the way for an impactful year ahead. Region 5, known for its leadership in sports innovation and excellence across Africa, seized this opportunity to reinforce its position as the continent’s premier sports region. At the heart of the retreat was the organization’s commitment to adapt and evolve under its Organisational Re-engineering model. Following the adoption of a new Constitution in January 2022, Region 5 embarked on a…

14 Feb

Police harassed and intimidated people during registration for vacant houses

info_e12wt4csNational NewsPolice harassed and intimidated people during registration for vacant houses

Stefanus Nashama Social Activist Michael Amushelelo, said the registration of people who want to occupy vacant houses in Windhoek built under the Mass Housing Program was met with harassment and intimidation from the Namibian Police Force last week. Sharing his concern yesterday, Amushelelo said many people could not register due to fear of the Police when the process commenced. “In the past weekend, the police attempted to undermine the fundamental freedoms of the Namibian Constitution,” he stated Amushelelo cited Chapter 3, Article 21 (1) (d) which says all persons shall have the right to assemble peaceably, adding that the police…

14 Feb

President João Lourenço to attend Geingob’s State Funeral

info_e12wt4csNational NewsPresident João Lourenço to attend Geingob’s State Funeral

Niël Terblanché In a significant show of solidarity and brotherhood, Angola’s President João Lourenço is set to lead a high-level delegation to the state funeral of the late Namibian President Hage Geingob on 25 February 2024. The announcement comes following a meeting between the Vice President of Angola’s ruling party, MPLA, Luísa Damião, and Namibian President Nangolo Mbumba at the State House. The meeting emphasized the deep ties between the two nations, as Damião, accompanied by Ambassador Tete Antonio, the Angolan Minister of External Relations, and other dignitaries, delivered a special message of condolence from President Lourenço. This message extended…

14 Feb

President Mbumba charts course for economic growth and transparency

info_e12wt4csNational NewsPresident Mbumba charts course for economic growth and transparency

Hertta-Maria Amutenja In a resolute Cabinet Meeting this week, President Nangolo Mbumba urged the Cabinet to carry forward the visionary legacy of President Hage Geingob and outlined key priorities for the Year of Expectations, focusing on economic growth, inclusive prosperity and transparency. He addressed the Cabinet against the backdrop of the recent passing of Geingob. Mbumba officiated at the commencement of Cabinet activities for 2024 and in his addressed steered the nation towards a future defined by economic resilience, inclusive prosperity and unwavering transparency. Addressing the challenges, Mbumba began by acknowledging the loss of the late President Geingob, describing him…

14 Feb

President demands accountability from cabinet

info_e12wt4csMainPresident demands accountability from cabinet

Martin Endjala Following the passing of President Hage Geingob a week ago, President Nangolo Mbumba has demanded accountability from cabinet ministers while urging them to ensure that they carry out their duties and deliver services to the people. He said that he is cognizant of the fact that it is a difficult time for the cabinet and the entire nation, however, they must remain strong and forge ahead without faltering, adding that this is what the late President would have wanted them to do. “As we commence with the work of Cabinet, we should be mindful that the people of…

13 Feb

Harambee Prosperity Plans yielded fruit despite challenges

info_e12wt4csNational News

Niël Terblanché Namibian President, Nangolo Mbumba, announced that the ambitious Harambee Prosperity Plans, both the first and second iterations, have achieved their objectives, navigating through the trials of COVID-19 and persistent drought to usher in an era of economic revitalization. He said that as Namibia charts a course towards recovery, various sectors are witnessing a resurgence, notably agriculture, mining, tourism, oil and gas, and the burgeoning field of green energy. Mbumba's call to action for the ministries overseeing these vital areas during the official opening of Cabinet is clear: expedite the implementation of all pending programs to accelerate economic development…

13 Feb

Geingob promoted freedom of the press – Mbumba

info_e12wt4csNational News

Martin Endjala President Nangolo Mbumba said that President Hage Geingob contributed to the country’s media landscape, including his role in promoting freedom of the press, and laid a solid foundation for developing a democratic society. He said that a deep respect and gratitude should go to the late President, who championed freedom of the press during his tenure. Geingob often chanted that as long as he was alive and still the President, no journalist would be harassed, arrested or killed. Mbumba said this yesterday, in commemoration of World Radio Day, which is celebrated every year on 13 February. This year’s…