Windhoek Observer – Page 787 – Windhoek Observer

28 Apr

Namibia observes International Girls in ICT Day

National NewsNamibia observes International Girls in ICT Day

Stefanus Nashama Namibia joined the rest of the world in observing International Girls in Information Communication Technology Day. Shoki Kanjimi, the Senior Public Relations Officer in the Ministry of Information and Communication Technology said the event in Namibia was presented under the theme ‘digital skills for life’. Kandjimi said the day aims to inspire and encourage girls from all walks of life to pursue a future in ICT and empower them with to necessary skills, confidence and support to achieve their goals and bridge the gender gap in digital Global Statistics have shown that girls and women particularly in the…

28 Apr

BoN records increase in the use of counterfeit money

National News

Hertta-Maria Amutenja The Bank of Namibia (BoN) has recorded 206 incidents where counterfeit banknotes were used in the span of a year. According to the central bank’s 2022 annual report, the number of incidents represents an increase of 32.9 percent during the year in review. “Two-hundred-and-six (206) counterfeit notes were recorded in 2022 and it is more than the 155 recorded in the previous year. However, the counterfeit notes remained of poor quality and below the Bank’s threshold of 10 pieces per million in circulation, as well as the industry standard of 70 pieces per million in circulation,” read the…

28 Apr

Revenue from the extractive industry must benefit all

MainRevenue from the extractiveindustry must benefit all

Niël Terblanché Namibia like many other African countries has to improve Domestic Resource Mobilisation (DRM) and take charge of own development agendas with funds garnered from improved fiscal policies and robust taxation systems.Delegates from across the continent gathered in Swakopmund to attend the African Tax Administration Forum (ATAF) Workshop on Value Added Tax (VAT) Administration and Compliance in the Extractive IndustryThe Namibia Revenue Agency (NamRA) is hosting the two-day event which is aimed at providing insights and updates on the best practices in VAT administration and compliance.At the official opening of the workshop, Mary Baine, the Deputy Executive Secretary and…

27 Apr

Brutal child abuse shocks villagers

FeaturedBrutal child abuse shocks villagers

Niël Terblanché A 94-year-old traditional headman residing in the Otambo Yakawali Villigae and his girlfriend have been arrested on charges relating to child abuse after they kept a little girl chained to the side of a house for days on end. According to a report about the flagrant abuse of a minor child provided by Oshikoto Regional Police Commander, Commissioner Teopolina Kalompo-Nashikaku, the nine-year-old victim was rescued by members of the Namibian Police after neighbours saw her walking around cuca shops near her home with heavy steel chains around her waist and legs last Saturday. The report states that the…

27 Apr

Billion-dollar wind plant set for Lüderitz

Observer Money

The Joint Venture between China Energy International Group – Riminii Investments (Pty) Ltd, which was later incorporated into CERIM Lüderitz Energy (PTY) LTD emerged as the successful bidder from a bidding process and an extensive evaluation phase with an offered base electricity tariff of N$ 0.8785 per kilowatt-hour and a Fixed Annual Escalation Rate of 0.5%. This then led to NamPower signing a Power Purchase (PPA) and Transmission Connection (TCA) agreements with CERIM Lüderitz Energy (PTY) LTD for the development of the 50MW Lüderitz Wind Power Plant on a Build-Own-Operate Basis, and the associated transmission connection infrastructures required to connect…

27 Apr

Namibia a pioneer in green hydrogen

Observer Money

The State of the Nation Address by President Hage Geingob provided an update on the green economy projects in the country. Namibia has pioneered a billion-dollar green hydrogen valley concept in sub-Saharan Africa, attracting in the process, over N$1.5 billion in grant funding.Around 93 Namibians will receive scholarships worth more than N$34 million pursue their Masters and TVET studies in areas related to the Synthetic Fuels industry. The President outlined that of the four pilot projects earmarked to receive more than N$500 million in grant funding to develop their concepts, more than N$120 million has been allocated to the Daures…

27 Apr

Daures Green Hydrogen Village set for operations

Observer Money

Daures Green Hydrogen Village in the Erongo Region expects to kick off its operations in October. The project will include the planting of carbon-free tomatoes. Daures expect to produce ammonia and hydrogen during the first quarter of 2024. Funding for the project worth, N$220 million, has come through a grant from the German Federal Ministry of Education and Research (BMBF), for a period of 18 months, through Southern African Science Service Centre for Climate Change and Adaptive Land Management (SASSCAL). In 2023, Daures Green Hydrogen signed its first offtake agreement with Zimbabwean ammonium nitrate fertilizer manufacturer, Sable Chemicals. The non-binding…

27 Apr

Fitty’s application for bail appeal fails

National NewsFitty’s application for bail appeal fails

Niël Terblanché Tamson ’Fitty’ Hatuikulipi, one of the six main characters in the Fishrot corruption saga, will not be able to appeal against a decision by a high court judge that denied him bail shortly after Christmas last year. Earlier on Wednesday Judge David Munsu delivered his ruling in which he refused Hatuikulipi’s application for leave to appeal to the Supreme Court of Namibia. The judge also struck the matter from the roll. Hatuikulipi approached the High Court about two weeks ago with an application to appeal against the judge’s decision. On the 13th of April, Judge Munsu postponed the…

27 Apr

Couple sues government for N$4 million over stillbirth

National NewsCouple sues government for N$4 million over stillbirth

Hertta-Maria Amutenja A couple from Otjiwarongo is suing the government for N$4 million after their baby died during birth because hospital staff allegedly refused to treat the woman days earlier. In documents filed at the Windhoek High Court last month, Yvonne Pollmann and her husband Rodney Pollmann cite Kalumbi Shangula, the Minister of Health and Social Services, Doctor Biti, and Doctor Felix Mutombo as the first, second, and third defendants. According to the documents, Pollmann who on the 6th of March 2022, was nine months pregnant was in immense pain and asked her husband to take to her to hospital…

27 Apr

DBN invests in the green economy

Observer Money

Development Bank of Namibia (DBN) has launched its inaugural Sustainable Finance Framework (SFF). The Framework is aligned with the four core components of the International Capital Market Association’s (ICMA) Green Bond Principles 2021, Social Bond Principles 2021, Sustainability Bond Guidelines 2021 as well as the Loan Market Association’s (LMA) Green Loan Principles 2023 and Social Loan Principles 2023. The Framework has seven green categories which aim to achieve the environmental objectives of climate change mitigation, sustainable use and protection of water and marine resources, protection and restoration of biodiversity and ecosystems and four social categories which aim to achieve the…