Observer – Page 782 – Windhoek Observer

29 May

GIPF adequately funded for any eventualities

ObserverObserver MoneyFinance Minister Iipumbu Shiimi, Government Institutions Pension Fund (GIPF)

Staff Writer The Government Institutions Pension Fund (GIPF) says it’s in a position to pay all pension benefits due to its members in the public service in the event government considers retrenchment as a means to save on its ballooning wage bill. This comes as Finance Minister Iipumbu Shiimi in his maiden budget statement on Wednesday raised concern about the unsustainable government wage bill in light of declining revenues. “In the event that government decides to retrench members of the public service we are in a position to honour any accumulated liabilities due to members. The Fund has adequate assets…

29 May

Shangula confirms Haufiku’s role

ObserverObserver MoneyCovid-19, Dr Bernard Haufiku, Health Minister Kalumbi Shangula

Andrew Kathindi Dr Bernard Haufiku, former Minister of Health in the first Geingob Administration has had his appointment as the National Coordinator for the response to COVID-19 confirmed after current Health Minister Kalumbi Shangula stated that Haufiku was a part of the team making decisions about the country’s response. Earlier this month, Windhoek Observer reported that Haufiku, without a written letter of appointment, was in limbo over his appointment following his decreased visibility at press conferences regarding COVID-19 updates. On the matter of Haufiku, Shangula said, “Bernard Haufiku was appointed as a Special Health Advisor by President Hage Geingob. He…

29 May

Govt imposes lockdown on Walvis Bay

ObserverObserver Moneypresident Hage Geingob, Walvis Bay

...as the country moves to Stage 3 Andrew Kathindi Visitors and residents of Walvis Bay are now stuck in the coastal town for the next seven days after government in a surprise move placed the coastal town under Stage 1 of the lockdown effective Thursday. The developments follows a 63-year-old Walvis Bay fisherman and a 47-year-old male truck driver becoming recent national COVID-19 cases and means only essential workers with permits will be allowed to leave the town during the imposed lockdown. Minister of Health and Social Services, Kalumbi Shangula said that implemented measures were aimed at preventing the further…

28 May

Bank Windhoek donates 500 Reagent Testing Kits

ObserverUncategorisedBank Windhoek, Covid-19

Staff writer Bank Windhoek has donated 500 Reagent Testing Kits and Nasopharyngeal Swab Collection Kits to the Namibian Government in support of its fight against COVID-19. The Bank’s Executive Officer of Marketing and Corporate Communication Services, Jacquiline Pack, handed over the donation to the Minister of Health and Social Services, Dr Kalumbi Shalunga, at the Namibia Institute of Pathology’s (NIP) head office in Windhoek. Through the Analytical Technology and Chemical Supply, the Bank, in collaboration with NIP, was able to procure the material despite logistical challenges posed by the pandemic. “Since COVID-19 reached our borders, we realised that there was…

28 May

Jealousy clouds the point

ObserverNational NewsNamibians

We have regularly commented on the current flawed process of Members of Parliament (MPs) disclosing a part of their assets to the public. The point of this disclosure is to identify conflicts of interest in matters before the legislature. A public listing of assets of lawmakers is irrelevant if not used specifically and only for that purpose. The point is to stop decision-makers, like the accused Esau or Shanghala, from voting on laws with outcomes that pad their pockets. We must keep our eyes on the prize and stop getting lost in how many cars or houses are owned by…

28 May

Beer, wine drinkers to pay more

ObserverObserver MoneyBeer, Iipumbu Shiimi, Minister of Finance

Staff writer Wine and beer lovers who have been unable to purchase or consume their alcoholic beverages of choice as a result of state of emergency regulations will face higher prices for their drinks of choice on June 3rd when stage three of the post-pandemic re-opening of Namibia begins. This comes after Minister of Finance, Iipumbu Shiimi, on Wednesday announced the 2020/2021 budget containing additional ‘sin taxes’ on alcohol and tobacco to raise money for depleted state coffers. This will be of interest to those that have been unable to purchase alcohol since the nation went into the state of…

28 May

Nam students unpaid in Cuba amidst pandemic

ObserverObserver MoneyMinistry of Health and Social Services (MOHSS), Namibian medical students, University of Havana (Universidad de Sciencias Médicas)

Andrew Kathindi Namibian medical students at the University of Havana (Universidad de Sciencias Médicas) have lamented the non-payment of their monthly allowances by the Ministry of Health and Social Services (MOHSS) amidst the global COVID-19 pandemic. There are 238 students involved in this situation. According to several students at the University who choose to speak out anonymously, they last received a stipend late in March, which was supposed to cover only February and March. The students are supposed to receive a monthly stipend of US$350 paid quarterly. “They paid for two months only at the rate of US$1=N$14.7 (February’s rate).…

28 May

Shiimi announces N$64.3 billion budget

ObserverObserver Moneybudget, Covid-19, Finance minister Iipumbi Shiimi

Staff Writer Finance minister Iipumbi Shiimi on Wednesday announced a N$64.3 billion budget, where he projected the domestic economy to contract by 6.6 percent in real terms this year. “The 2020/21 Appropriation Bill amounts to N$64.3 billion. A total of N$8.4 billion, or 16.4 percent of revenue, is earmarked for the payment of interest payable on moneys borrowed. This amount is deemed to have been appropriated. Therefore, the total expenditure, including interest payments, for the 2020/21 financial year, amounts to N$72.8 billion,” he said. “The contraction may as well linger on in 2021 at a moderate rate of 1.1 percent,…

27 May

A voice against re-opening schools

ObserverUncategorisedchildren, Namibians, schools, Teachers

Yes, we find ourselves between a rock and a hard place with regard to the school re-opening conundrum. I think restarting schools will prove to be more dangerous than keeping them closed for this academic year. As many have correctly pointed out, if anything went wrong, children can be super-spreaders of the pandemic as many (particularly the younger ones) may not have the self-conscious capacity to police themselves [utilize the mandatory methods to slow pandemic spread like self-spacing, washing hands with soap for 20 seconds and other actions], unlike adults who do not police themselves by choice. Besides, order and…

27 May

It is not your N$750

ObserverNational NewsEmergency Income Grant (EIG), Eurobond

When the emergency income grant (EIG) of N$750 was announced, we applauded the idea. At the same time, we raised concerns about how the program would be packaged and rolled-out to the public. The current wave of public gripes about the grant seems to reflect that indeed, there is major misunderstanding about what the EIG was meant to be. Expectations were raised that cannot be met. Promises of ‘free money for all’ to momentarily deflate rising fear and anger amongst low-income citizens, could backfire. When loftily-announced pledges (like fishing jobs for all who were retrenched due to Fishrot) fall flat,…