info_e12wt4cs – Page 961

06 Jun

The Time Traveler: One will always get through

info_e12wt4csUncategorisedCovid-19

Hugh Ellis Recent revelations in the fight against Covid-19 - that some truck drivers allegedly broke quarantine to visit their families, transact at banks, or sleep over with their girlfriends, not to mention the sailor who spent days on shore after his Coronavirus infection was not diagnosed – are saddening but not surprising. The government has done a great job in keeping our borders closed and people with suspected Covid-19 infections in quarantine. But there will always be loopholes. I’m no epidemiologist or doctor (well, no doctor of medicine, anyway), and my only public health experience was brief stint as…

06 Jun

SONA shout-backs are the new normal

info_e12wt4csNational NewsNamibian Parliament, SONA

We watched the State of the Nation speech delivered by President Hage Geingob. We want to focus on the shout-backs during his speech by a few members of the parliament. With the change in the Swapo over-dominance in the previous parliament, there are now more voices of elected parties that have much to say. And, they will most definitely say it. Many of these voices are younger and might be new to public politics. Others have different experiences and agendas and will be ready to ‘take on’ the mighty Swapo Party in a den it previously controlled. Regardless of the…

06 Jun

AgriBank provides billions in funding

info_e12wt4csUncategorisedAgribank, Finance minister, Government, Iipumbu Shiimi

Staff writer Finance minister, Iipumbu Shiimi says AgriBank has extended up to N$1 billion in loans to farmers in various regions of the country over the past three years. “Equally commercial bank loans to agriculture over the past five years have averaged in excess of N$4 billion, indicating a healthy flow of funds to this sector. Drought relief disbursements amounting to N$245 million has also been provided by AgriBank over the past year,” he said in his reply on matters raised during the Second Reading of the 2020/21 Appropriation Bill in Parliament. He, however, warned AgriBank loan beneficiaries to repay…

05 Jun

Offer solutions, not drama

info_e12wt4csUncategorisedBernadus Swartbooi, Landless People’s Movement (LPM), Parliament

Comments by Landless People’s Movement (LPM) leader Bernadus Swartbooi calling for monthly $750 income grants for two years are unnecessary. Such pronouncements offer no solution, they only increase the drama. The new voices in the Parliament are the will of the Namibian people as democratically expressed at the ballot box last November. That vote was for increased debate and new ideas. The voters wanted competent challenges to the status quo of Swapo dominance in law-making that was not working. In light of the Finance Minister’s recent budget speech and statistics, anyone seriously demanding two years of N$750 per month payments…

05 Jun

SONA in a time of crisis is a challenge

info_e12wt4csNational NewsNamibia Equitable Economic Empowerment Bill (NEEEB), State of the Nation Address (SONA)

What can any leader really say during the worse time in the history of the country he was elected to lead? President Geingob’s State of the Nation Address (SONA) rehashed the drips and drops of positive news that have already been in headlines. The speech tries to convince the nation that the glass is half full; many will still see it as half empty. In our view, the Finance Minister’s budget speech presents the real SONA. The president stated the disturbingly high unemployment statistics for Namibia that we already knew, (i.e., 33 percent in general with youth unemployment at 46.1…

05 Jun

Trustco secures N$345m loan

info_e12wt4csUncategorisedCovid-19, German, Trustco, Trustco Finance, Trustco Group Holdings Limited

Staff Writer Trustco Finance, a subsidiary of Trustco Group Holdings Limited has secured a US$20 million (approximately N$345 million) loan from Deutsche Investitions Und Entwicklungsgesellschaft, a German development finance institution. The loan approval is, however, subject to a final agreement currently being drafted. The bulk of the facility will be used to provide student financing, offered by Trustco Finance, as well as enhancing the educational facilities offered by the Institute for Open Learning (Pty) Ltd (“IOL”), while funding will also be made available to existing students to restructure and refinance their existing obligations as part of the group’s COVID-19 relief…

05 Jun

Germany continues support for COVID-19 testing in Namibia

info_e12wt4csObserver MoneyCovid-19, Germany, MoHSS, Namibia

Staff Writer Rapidly identifying infections with the novel corona virus (SARS-CoV-2) is crucial to enable immediate outbreak management and to initiate public health interventions. Germany therefore supports the development of testing capacities for COVID-19 in Namibia. After a first diagnostic laboratory training in Windhoek in the beginning of March the German partners continue to provide critical testing materials like swabs and reagents. This has enabled the Namibia Institute of Pathology (NIP) to conduct more than 2,000 tests in Namibia so far. This support is based on a recently established working relationship as part of a twinning project between the Robert…

05 Jun

I have done nothing wrong – Shiyuka

info_e12wt4csObserver MoneyAmos Shiyuka, Community Security Solutions Namibia (CSS), Namibian Police Force, NAMPOL

Staff Writer The Windhoek Observer (WO) recently caught up with businessman and Community Security Solutions Namibia (CSS) Managing Director, Amos Shiyuka (AS) regarding fraud charged laid against him by the Namibian Police Force (Nampol), amid allegations of price inflating. Below is an excerpt of the interview. WO: Have you been formally charged or questioned by the police regarding accusations of fraud that have been lodged against you and your company? AS: No, at this point there have been no formal charges laid nor have I been formally questioned. WO: Could you give reasons for the discrepancy between the contract price…

05 Jun

Drama in Parliament as Geingob delivers SONA

info_e12wt4csObserver MoneyHarambee Prosperity Plan, Ministers, Parliament, president Hage Geingob, State of the Nation Address (SONA)

Staff Writer It was an eventful day in Parliament when President Hage Geingob delivered his first State of the Nation Address (SONA) on Thursday. The address unlike his previous addresses during his first administration did not go as smoothly, as opposition parties in Parliament interrupted him. At one stage, the President took his seat while the Speaker of the National Assembly, Peter Katjavivi brought the house to order. In his address, the President said he was aware of the challenges currently faced by Namibians due to the negative impact of COVID-19. “Fellow Namibians, I share in your anxieties. I understand…

04 Jun

Everything is connected

info_e12wt4csNational NewsCivil servants, lockdown

People are uncertain these days. The economy is in decline. Solutions to lift it up will be slow, painful and might not work. The pandemic might take turns that no one can predict (though we all hope not). In such distressing circumstances, selfishness easily emerges in people and in businesses. Far too many are ready to step on the bodies of others, just to get to the lifeboats first. To avoid the stampede of self-preservation, we all must understand that everything is connected. The money needed to be paid to others must come from others who don’t have money because…