info_e12wt4cs – Page 462

01 Mar

Looming water shortage in central Namibia prompts urgent actions

info_e12wt4csNational News

Niël Terblanché The Namibian Cabinet announced a series of urgent measures to secure water supply for the Central Areas of Namibia (CAN) before July 2025 in a desperate move to address the impending crisis The announcement by the Minister of Information Communication and Technology, Emma Theofelus, follows a high-level Cabinet Decision-making meeting held in February, where the dire forecast of water availability in the region was a primary focus. The Central Areas of Namibia, encompassing Windhoek and its surrounding regions, are facing severe water shortages due to a combination of climatic factors and infrastructural inefficiencies. The Minister in a statement…

01 Mar

DBN urges SMEs to embrace responsible borrowing practices

info_e12wt4csNational News

Erasmus Shalihaxwe The Development Bank of Namibia (DBN) has issued a call to Small and Medium Enterprises (SMEs) to adopt a more responsible approach when seeking loans. Jerome Mutumba, the bank's Executive for Marketing and Corporate Communication, stressed the significance of mutual responsibility in the context of development finance during a period marked by frequent requests for SME loan repayment write-offs. According to Mutumba, these loans are intended to bolster Namibia’s development, economic activity, and prosperity. He said that the dual nature of development finance, not only provides financial support but also aims to encourage accountability, sustainability, and beneficial developmental…

01 Mar

Swakopmund residents in a tiff over proposed radioactive storage facility

info_e12wt4csNational News

Niël Terblanché Residents of Swakopmund are involved in a heated debate regarding the possible rezoning of property in the town limits to store radioactive materials. The bone of contention is a proposal by Namaquanum Investments Two to refurbish an existing workshop on Einstein Street to establish the storage facility. This initiative, aimed at supporting offshore oil exploration activities, has sparked widespread concern among the town's residents and environmental activists. The Municipality of Swakopmund has called for calm, stressing that the proposal to store nuclear material within town limits is yet to be finalized. Amidst growing tensions, the local community, galvanized…

01 Mar

Nedbank Namibian Newspaper Cup: 2023 WinnersFace Tough Challenge in “Group of Death”

info_e12wt4csSportsNedbank Namibian Newspaper Cup: 2023 WinnersFace Tough Challenge in “Group of Death”

As anticipation mounts for the upcoming Nedbank/Namibian Newspaper Cup slated to be held in Gobabis, Omaheke Region, from March 29th to April 1st, 2024, excitement and nerves intertwine for the participating teams, especially for last year’s champions who find themselves grouped in what many are dubbing as the “Group of Death.”The 22nd edition of the Nedbank/Namibian Newspaper Cup, in collaboration with The Namibian Newspaper, promises to showcase extraordinary talent in both youth Under20 football and netball competitions. This event, a cornerstone in Namibian sports, has been a longstanding platform for young athletes to exhibit their prowess on the field and…

01 Mar

If capitalism is the preferred dispensation African economic deprivation is a given!

info_e12wt4csOpinions“THE neo-colonialism of today represents imperialism in its final and perhaps its most dangerous stage.

“THE neo-colonialism of today represents imperialism in its final and perhaps its most dangerous stage. In the past it was possible to convert a country upon which a neo-colonial regime had been imposed — Egypt in the nineteenth century is an example — into a colonial territory. Today this process is no longer feasible. Old-fashioned colonialism is by no means entirely abolished. It still constitutes an African problem, but it is everywhere on the retreat. Once a territory has become nominally independent it is no longer possible, as it was in the last century, to reverse the process. Existing colonies…

01 Mar

Namibia’s National Budget: Marching relentlessly in the direction of economic recovery and social equity

info_e12wt4csEditorial

Namibia finds itself at a crossroads in its journey towards economic stability and social justice.The National Budget for the fiscal year 2024/25 tabled by the Minister of Finance and Public Enterprises, Ipumbu Shiimi earlier this week, serves as proof of the government's commitment to leveraging the country's improved economic outlook for the collective good.The budget arrived at a critical juncture, with Namibia grappling with the dual challenges of a recovering domestic economy and the persistent spectre of food insecurity affecting nearly 40 percent of the population.Shiimi's financial blueprint for the nation is both ambitious and pragmatic, focusing on stimulating domestic…

01 Mar

Economic Resurgence: Namibia’s Budgetary Governance Strategy

info_e12wt4csFeatured, OpinionsEconomic Resurgence: Namibia’s Budgetary Governance Strategy

Patience Masua The recent budget announcement by Minister Shiimi marks a pivotal moment in Namibia’s fiscal strategy, particularly with its strategic three-pronged approach aimed at bolstering economic resilience and social welfare when the masses need it most. The significant tax amendments, including the doubling of the income tax threshold for individuals to N$100,000 and the reduction in non-mining company tax rates, signal a concerted effort to provide relief to low-income earners and stimulate domestic demand. This move not only puts more money directly into the pockets of taxpayers but also fosters a more conducive environment for private sector growth and…

01 Mar

Namibia sets sights on renewable energy to tackle environmental challenges

info_e12wt4csNational NewsNamibia sets sights on renewable energy to tackle environmental challenges

Niël Terblanché Namibia has announced its ambitious plan to become a leading hub for renewable energy innovation in a significant move towards environmental sustainability and economic resilience. While addressing the High-Level Segment of the Sixth United Nations Environmental Assembly in Nairobi, Pohamba Shifeta, the Minister of Environment, Forestry and Tourism, outlined Namibia’s vision for a future where economic growth and environmental preservation go hand in hand. He told delegates that Namibia is facing serious environmental threats and that the country is at a critical juncture. Shifeta emphasized the urgency of addressing the triple planetary crisis of climate change, biodiversity loss,…

01 Mar

MP wants more schools and teachers

info_e12wt4csNational NewsMP wants more schools and teachers

Stefanus Nashama Hidipo Hamata, a Popular Democratic Movement (PDM) Member of Parliament, wants the government to build more schools and employ more teachers to ensure quality education for Namibian children. Hamata was of the opinion that while the government has the mandate to provide universal basic education it also needs to have sufficient places in schools for all Namibian children. Hamata was contributing to the motion concerning the discussion of the issue of poor performance of government schools in Parliament this week. The parliamentarian further stated that the government should make sure that schools are adequately staffed, constructed where they…

01 Mar

Green Hydrogen Programme unveils groundbreaking initiatives

info_e12wt4csNational NewsGreen Hydrogen Programme unveils groundbreaking initiatives

Hertta-Maria Amutenja The Namibia Green Hydrogen Programme (NGHP) unfurled an array of groundbreaking initiatives set to transform the nation’s energy landscape this year. In a strategic move, NGHP announced the appointment of seven seasoned executives, reinforcing its commitment to visionary leadership. James Mnyupe, Namibia’s Green Hydrogen Commissioner, is the driving force behind these developments. He expressed confidence in the team’s ability to oversee ambitious program initiatives. Mnyupe, at the forefront of transparency, affirmed that NGHP will continue its high-profile, in-person media briefings. The first of 2024 is scheduled for the last week of March where details of the comprehensive three-year…