info_e12wt4cs – Page 691

03 Mar

Catfish, Sardines declining due to climate change

info_e12wt4csNational Newsa European Union Representative Expert on Green Hydrogen and Climate Change, Catfish, Marine Scientist Ben van Zyl, Sardines declining due to climate change

Martin Endjala The catfish species is fast becoming extinct because of global warming, despite government’s interventions. This is according to Marine Scientist Ben van Zyl, who also added that Sardines are becoming lesser and lesser per day, given abnormalities in sea temperature as well as human behavior. He has since called on serious interventions by government and marine biologist bodies to ensure that these species do not become extinct. According to van Zyl, the eruption of sulphur in the sea is also one of the issues affecting some sea organisms and causing them to wash up and drift ashore, as…

03 Mar

Dundee Precious Metals donates N$100 000 worth of equipment to COSDEC

info_e12wt4csNational NewsDundee Precious Metals donates N$100 000 worth of equipment to COSDEC, Ntema Sihela

Martin Endjala The Dundee Precious Metals Tsumeb Community Trust has donated training equipment valued at N$ 100 900 to the Community Skills Development Center (COSDEC) comprising of hospitality, tourism, and fashion design training equipment yesterday in Tsumeb. The Community Trust Chairperson, Max Johnson, handed over the donated equipment, highlighting that the support is aligned with one of Dundee Precious Metals core values “We partner with our communities”. ” I do not sleep to dream, but dream to change the world”, he said, while encouraging the trainees to continue working hard to make their dreams come true. The Community Skills Development…

02 Mar

SA greylisting not affecting Namibia: BoN

info_e12wt4csMainFinancial Action Task Force (FATF), Kazembire Zemburuka, SA greylisting not affecting Namibia: BoN

Martin Endjala The Bank of Namibia has clarified its position amidst reports of South Africa’s greylisting by the Financial Action Task Force (FATF) stating that Namibia’s financial transactions with the rest of the world and capital flows to and from the jurisdiction will continue uninterrupted. This is despite the country’s ties and exposure to the South African financial system. The Bank of Namibia Director Strategic Communications and International Relations, Kazembire Zemburuka, confirmed this in a statement in response to concerns raised by some economists and Namibians at large. He said that as an independent and sovereign state, Namibia is going…

02 Mar

NSA postpones 2023 population and housing census

info_e12wt4csNational NewsAlex Shimuafeni, e Population and Housing Census, NSA postpones 2023 population and housing census

Steve Nashama The Namibia Statistics Agency (NSA) has announced the postponement of the 2023 Population and Housing Census to August 2023, again. The census has been delayed since the Covid-19 pandemic in 2020 when it was initially planned to be conducted, while in 2021 and 2022 was due to financial restrictions. In a media release, NSA Statistician-General and Chief Executive Officer, Alex Shimuafeni, explains that the census is conducted every ten years and is essentially a process of collecting, processing, analysing, publishing and disseminating demographic, socio-economic and spatial data of the population during a specific period of time. He emphasizes…

02 Mar

SAN is unhappy with non-awarding of tenders to its members.

info_e12wt4csNational NewsNamibia Post and Telecom Holdings, SAN is unhappy with non-awarding of tenders to its members., Security Association of Namibia (SAN)

Martin Endjala The Security Association of Namibia (SAN) has expressed its dismay in the manner in which security tenders for the provision of security services were awarded. In the statement, SAN is casting doubt on the awarded companies’ compliance with labour law. SAN singled out two tenders which were recently awarded. “SAN wishes to bring to your attention our concern regarding the recent tenders awarded by the Kunene Regional Council and Namibia Post and Telecom Holdings”, the statement read. The announcement follows after the association formally distanced itself from a tender awarded for the provision of security services for NPTH.…

02 Mar

NHE Supplicates for Striking Employees’ Return

info_e12wt4csFeaturedGisbertus Mukulu, National Housing Enterprises (NHE), NHE Supplicates for Striking Employees’ Return

Steve Nashama Yesterday, the National Housing Enterprises (NHE) announced that it values all its employees, and if conditions were normal, it would have done all in its power to find a middle-ground to meet some of the monetary demands. The strike officially commenced last week Friday, the 24th of February at all NHE offices countrywide, in which employees are demanding for seven per cent salary increment. “However, we must bear in mind that, given the current challenging economic climate, a salary increase of 7% is just not financially possible. NHE staff members are still gainfully employed with full benefits despite…

02 Mar

Outapi slated for Independence celebrations.

info_e12wt4csFeaturedAudrin Mathe, Ministry of Information and Communication Technology, Outapi slated for Independence celebrations.

Steve Nashama All roads lead to Outapi in the Omusati Region for the Independence celebrations on 21 March, under the theme “A people United for Prosperity.” This was announced today by the Ministry of Information and Communication Technology in a media release. President Hage Geingob will be the keynote speaker at the event, according to Audrin Mathe, Executive Director in the MICT. The ministry indicated that preparations are well underway for this year’s celebration and the Government wishes to invite Namibians from all parts of the country to come together and celebrate the selfless acts of sacrifice whilst reaffirming unity…

02 Mar

Trustco Group’s net asset value increases.

info_e12wt4csNational NewsInternational Financial Reporting Standards (IFRS 10), Quinton van Rooyen, Trustco Group’s net asset value increases.

Martin Endjala The Trustco Group Holding’s net asset value has increased by 362 percent to N$1,8 billion and the group’s after tax profit increased by 257 percent to a profit of N$1,4 billion as per the group’s latest financial results. Basic earnings per share increased by 268 percent to 145.89 cents compared to a loss per share of 86.66 cents last year. The group announced its 2022 financial year results yesterday, and has reported strong financial results for the 12 months ended 31 August 2022, along with its 30th consecutive unmodified audit report. The group has achieved a compounded annual…

28 Feb

Are unions still relevant in the country?

info_e12wt4csMainAre unions still relevant in the country?, Namibia Economic Freedom Fighters (NEFF)

Martin Endjala The recent events of exploitation of workers by employers and the downing of tools by workers has put workers unions on the spot, with many questioning the relevance of unions. Many claim that unions are absent of and no longer represent workers fairly. Unions are now under immense pressure to up their game or risk losing members as some feel that it is pointless to belong to a union and not benefit. Kalimbo Iipumbu, Vice President of the Namibia Economic Freedom Fighters (NEFF) said today that unions are useless, in that they are only pocketing money from workers.…

28 Feb

Eight students benefit from BoN

info_e12wt4csNational NewsCorporate Social Responsibility (CSR), Eight students benefit from BoN, Sandra Garises

Hertta-Maria Amutenja The Bank of Namibia, through its Corporate Social Responsibility (CSR) initiatives awarded eight students with bursaries to pursue their tertiary education in various fields of studies at SADC institutions of higher learning. The students were accepted to pursue their studies in accounting, mathematics, economics, statistics and IT (artificial intelligence) for undergraduate and postgraduate studies at the University of Namibia, Namibia University of Science and Technology, University of Stellenbosch and at the University of Cape Town. “The Bank awards bursaries based on merit after a thorough search and interviews with selected individuals. To date, the Bank has availed 183…