info_e12wt4cs – Page 602

18 Aug

Competition Act facing overhaul

info_e12wt4csObserver Money

The Namibian Competition Commission (NaCC) CEO, Vitalis Ndalikokule talks to Observer Money about mergers, fulfilling its mandate and some of the challenges facing the Commission. He also discloses that the Draft Bill will overhaul the current Competition Act enacted in 2003. OBSERVER MONEY (OM): We see that the NaCC is announcing the approvals of many mergers in the country. Apart from mergers, what else has the NaCC been doing?VITALIS NDALIKOKULE (VN): Apart from the work done on mergers, the NaCC has also been carrying out investigations into anticompetitive practices in several sectors of the economy including the electricity, telecommunication, Poultry,…

18 Aug

Green hydrogen to transform workforce

info_e12wt4csEnergy, Observer MoneyGreen hydrogen to transform workforce

Staff Writer Namibia’s groundbreaking green hydrogen project, a remarkable venture in sub-Saharan Africa, presents a transformative opportunity for the country’s workforce. As the Government of the Republic of Namibia (GRN) collaborates with the private sector to establish and operate this fully integrated project, there arises an urgent requirement for a comprehensive workforce solution. This is precisely where a Temporary Employment Services (TES) provider comes into play, offering a unified solution to address skills transfer, labour, and HR/IR needs, from start to operations. By partnering with a TES provider, Namibia can leverage their expertise, ensuring streamlined operations and unlocking the full…

18 Aug

TransNamib nears conclusion of N$2.6 Billion funding access

info_e12wt4csObserver MoneyDevelopment Bank of Southern Africa, TransNamib nears conclusion of N$2.6 Billion funding access

Chamwe Kaira TransNamib Holdings, the troubled state-owned railway company, is approaching the final stages of securing a loan agreement amounting to N$2.6 billion. This financial arrangement has been entered into with the Development Bank of Namibia and the Development Bank of Southern Africa. Abigail Raubenheimer, the spokesperson for TransNamib, conveyed that the company is currently in the last phases of planning and preparation. Several conditions need to be met by TransNamib in order to gain access to the funding, she explained to Observer Money this week. “Remaining committed to future objectives, TransNamib recognizes the pivotal role of rail transport in…

18 Aug

Beef industry stands at a crucial juncture

info_e12wt4csObserver MoneyBeef industry stands at a crucial juncture

Staff Writer The Namibian beef industry is at a crossroads, necessitating a proactive approach to tackle the challenges it confronts. To secure its future, the industry must undertake various strategic initiatives. These include investing in advanced infrastructure like efficient feedlots and cutting-edge equipment, as well as implementing drought-restocking plans to ensure long-term sustainability. Supporting small-scale beef processors through incentives is crucial for their operational stability. A pivotal focus should be on revitalising rangelands and enhancing grazing capacity for cattle. Initiatives encompassing the production and storage of animal feed to mitigate the impacts of drought are equally important, as suggested by…

18 Aug

Census to enhance economic planning

info_e12wt4csObserver MoneyAlex Shimuafeni, Census to enhance economic planning

Chamwe Kaira The 2023 Population and Housing Census holds significant importance for the Namibian economy due to its integral role in economic planning. Economic planning encompasses resource management and effective utilisation, making the data from this census crucial for informed decision-making in these areas. Scheduled to take place from September 18 to November 3, the 2023 Population and Housing Census is set to play a pivotal role in shaping Namibia’s future. Alex Shimuafeni, the Statistician-General and CEO of the Namibia Statistics Agency, emphasized that the census provides essential information for policy formulation, resource allocation, infrastructure development, and other key aspects.…

18 Aug

Just Saying with Matts Haikali

info_e12wt4csSports

This past week I got a chance to attend various sporting activities where people of different ages and skills were taking part in sporting activities. It was very disheartening to see all these athlete performing to the best of their abilities in front of meagre crowd of people, who one could count on their one hand. There is a need to cultivate a culture of supporting those we love, when they go showcase their skills on the sports field, it does not matter whether it’s a soccer field, cricket field, race course or car track, we need to start providing…

18 Aug

An exclusive interview with Thomalina“Pele” Adams : A Football Player/Coach

info_e12wt4csSportsAn exclusive interview with Thomalina“Pele” Adams : A Football Player/Coach, Kharas Region, Lüderitz

Name : Thomalina “Pele” Adams Place of Birth: Lüderitz, Kharas Region Date of Birth: 1993 June 07 Profession: Football Player/Coach A lot of people know you because of your involvement with the national team, the Brave Gladiators, who is actually Pele? My name is Thomalina Azania Adams but the most popular name is PELE I was born in the southern side of Namibia, in small coastal town called LüderitzBucht, where I grew up until I was thirteen years of age. Football passion for me started at home in the environment, where I grew playing street soccer with my friends, who…

18 Aug

Preliminary investigation into deadly helicopter crash completed

info_e12wt4csNational NewsDirectorate of Aircraft Accident and Incident Investigations, Preliminary investigation into deadly helicopter crash completed

Niël Terblanché Speculation surrounding the fatal helicopter crash that led to the death of 54-year-old Jaques Jacobs and 29-year-old Dirk von Weidts last month was put to rest when the Directorate of Aircraft Accident and Incident Investigations released a preliminary report on what the actual cause of the accident was. According to the report, the helicopter that crashed on 17 July 2023 underwent two test flights before the final test flight which ended in tragedy. During the final test flight, the pilot was supposed to check rotor balancing. The pilot was also supposed to perform auto-rotation procedures. “During the auto-rotation…

18 Aug

DRC residents get connected to electricity

info_e12wt4csNational NewsDRC residents get connected to electricity, N$26 million, Neville Andre

Niël Terblanché Residents of the DRC informal settlement of Swakopmund grabbed the opportunity to be connected to the electricity supply grid with both hands. Erongo RED and the Swakopmund municipality along with other stakeholders in the region collaborated to provide prepaid electricity supply points for nine households. The connection of more households in the informal settlement is envisaged to create a return on investment by the municipality. Over the past few years, the local authority spent in the region of N$26 million to install services on land where the informal settlement is situated. The Erongo Regional Governor, Neville Andre during…

18 Aug

Increased commitment is needed to promoteand strengthen peace and security in SADC

info_e12wt4csNational NewsIncreased commitment is needed to promoteand strengthen peace and security in SADC

Martin Endjala Despite acknowledging the progress made over the past year in silencing guns in some member states of the Southern Africa Development Community (SADC), President Hage Geingob has called on his counterparts to do more to realise Africa Agenda 2063 under the theme “The Africa We Want”. Geingob was speaking at the 43 SADC Ordinary Organ Troika Summit on Wednesday in Luanda, Angola as the outgoing Chairperson of the SADC Organ on Politics, Defence and Security Cooperation. He said the last meeting in July this year, was necessitated by the need for the Organ to deliberate and make decisions…