info_e12wt4cs – Page 639

20 Jun

BoN declares QZ Asset Management a pyramid scheme

info_e12wt4csFeatured, Observer Money

Hertta-Maria Amutenja Following complaints by members of the public, the Bank of Namibia (BoN) has warned the public about investing their hard-earned money in an illegal scheme of QZ Asset Management. In a statement, the central bank, cautions the public to refrain from promoting or participating in the business activities of QZ Asset Management or any other unauthorised financial schemes, as such activities are against the law and may result in financial losses to those that partake in it. According to Kazembire Zemburuka, the Director of Strategic Communications and International Relations at the central bank, QZ Asset Management is marketed…

20 Jun

Namibians urged to support local products

info_e12wt4csObserver Money

Martin Endjala Namibians have been urged to buy local products to stimulate the domestic economy of the country which is in dire need of revival and only by buying local products will it be rescued. The Founder of SureFire Marketing Solutions, Lazarus Hishekwa said they saw the need to not only promote local products but also to bring interaction between the product and the consumers. He says he believes that the better people are acquainted with a product, there more they are likely to buy it. Hishekwa spoke to the Windhoek Observer yesterday about the upcoming event in July, that…

20 Jun

Ohangwena still battling scabies

info_e12wt4csNational NewsOhangwena still battling scabies

Martin Endjala The Ohangwena Region is not yet out of the woods as health officials continue to report cases of scabies since the disease was reported in March last year by Health and Social Services Minister Kalumbi Shangula. This was revealed yesterday by the region’s Governor, Walde Ndevashiya during the State of region Address. During the period under review, the number of cases is said to have exponentially increased to 10 780 in 2022 while cases continue to rise in the year 2023. He said 5 484 cases have already been recorded. This disease, the Governor said, requires a high…

20 Jun

Food imports to cost developing countries dearly

info_e12wt4csNational News

Niël Terblanché The Food and Agriculture Organization of the United Nations (FAO) has stated that the world food import bill is forecast to reach a new record this year. According to a report by the FAO, it is estimated that the global food bill will rise to US$1.98 trillion in 2023, up 1.5 percent from 2022. It rose by 11 percent in 2022 and 18 percent in 2021. The report states that the most economically vulnerable countries will be severely impacted by higher food prices that are driven by dampened demand. According to the FAO, food imports by advanced economies…

20 Jun

Interpol must redouble cooperation to combat transnational crime

info_e12wt4csNational NewsInterpol must redouble cooperation to combat transnational crime

Niël Terblanché Various heads of Interpol’s National Central Bureaus (NCB) of southern Africa gathered in Swakopmund to share their knowledge and experience in combating all forms of transnational organised crime in the Southern African Development Community During the official opening of the meeting the head of Interpol’s Regional Bureau in Harare, Sello Moerane, said the meeting represents a unique opportunity for senior police officers to come together as a community of law enforcement professionals from different countries, cultures, and backgrounds, and to share our knowledge and expertise in the fight against organised crime. “As we face an ever-evolving crime threat…

20 Jun

Walvis Bay aims for increased investment by developing residential land

info_e12wt4csNational NewsWalvis Bay aims for increased investment by developing residential land

Niël Terblanché The Walvis ay Town Council’s budget for the 2023/2024 financial year will focus mainly on the development of land for housing development. Other areas where the budget is going be spent are in the improvement of service delivery, much-needed infrastructure repair, the replacement of vehicles and social projects. Richard Hoaeb, the Chairperson of the management committee while delivering the council’s budget speech said the local authority tabled a N$609 million capital budget for the coming financial year. He said that a total of N$312 million is anticipated to be spent during the coming financial year, while the remaining…

20 Jun

Court dismisses Murder accused Americans’ acquital application

info_e12wt4csMainCourt dismisses Murder accused Americans’ acquital application

Hertta-Maria Amutenja Two American nationals who stand accused of murdering Namibian national, Andre Heckmair in Windhoek in 2011 suffered another blow in the High Court yesterday, after their application for a discharge in accordance with section 174 was dismissed. The two men wanted the charges against them withdran, citing the state did not acquire sufficient evidence against them, when it concluded it’s case. Judge Christie Liebenberg in his ruling yesterday said the state has made out a prima facie case against Marcus Thomas and Kevan Townsend to which they should answer. “The approach to circumstantial evidence is not to consider…

19 Jun

ECN confirms recovery of two missing laptops

info_e12wt4csNational NewsECN confirms recovery of two missing laptops

Stefanus Nashama The Electoral Commission of Namibia (ECN) has confirmed that two of its missing 117 laptops were recovered in the logistics store room at its headquarters. This was confirmed by the ECN Chief Electoral and Referenda Officer, Theo Mujoro, in response to a letter of the Landless People’s Movement (LPM) member, Ivan Skrywer, who wrote to the ECN after the party was informed by close sources that two of the 117 laptops that went missing in January 2023 were recovered. Mujoro confirmed the recovery of the two laptops and said that the recovery was reported to the investigation officer.…

19 Jun

Electricity Control Board irked by Nampower blackouts

info_e12wt4csNational News

Martin Endjala The Electricity Control Board has reiterated that it will not support any debt collection plan that compromises lifesaving services and people’s livelihoods going forward. “In the future, any debt recovery plan by any licensee which compromises the lifesaving services and interruption to customers in good standings will not be supported by the ECB,” said the ECB Chief Executive Officer, Robert Kahimise in a statement. Kahimise’s position follows NamPower’s announcement last month, about its debt collection plan to disconnect defaulting customers’ electricity as a measure to collect debt owed to it which stands at N$1.5 million, if defaulters do…

19 Jun

Presidency thanks Geingob for his exceptional leadership

info_e12wt4csNational NewsPresidency thanks Geingob for his exceptional leadership

Staff Reporter The Presidency has thanked President Hage Geingob for his steadfast, inclusive and visionary leadership as Chairman of the Constituent Assembly, Founding Prime Minister and the third President of the Republic of Namibia. The vote of thanks came on the commemoration of the day on 18 June 1989 when President Geingob returned to Namibia after 27 years in exile. Upon setting foot on Namibian soil Geingob got down on his hands and knees and kissed the soil of the land. President Geingob led the first group of senior SWAPO freedom fighters, who would play a pivotal role in the…