Featured – Page 18 – Windhoek Observer

06 Mar

Local Ownership must start with the state-Alweendo

ObserverFeatured, Observer MoneyLocal Ownership must start with the state-Alweendo

Martin Endjala The Minister of Mines and Energy, Tom Alweendo says that local ownership must start with the state, in whose ownership of the country’s natural resources is vested. The proposed State ownership should take the form where the state owns a minimum equity percentage in all mining companies and petroleum products for which it does not have to pay. This comes after several Members of Parliament questioned the exploration and ownership rights of foreign investors in the country and not Namibians. “If we agree that local ownership is so important - and we do agree - and we also…

06 Mar

Botswana far ahead of Namibia in deal negotiations -Venaani

ObserverFeaturedBernadus Swartbooi, Botswana far ahead of Namibia in deal negotiations -Venaani, McHenry Venaani

Martin Endjala Popular Democratic Movement (PDM) President McHenry Venaani, says Namibia is underserving itself as a country in terms of sharing resources with outside investors, leaving many Namibians deprived and left out from benefiting from their country’s resources. “Africa is not poor, but Africans are poor and we need to do better when we negotiate our minerals with foreign investors. We cannot be bowing down to their demands, and our negotiation models need to be seriously looked at to benefit us more. Our neighbour, Botswana, is far ahead of us in that regard”, Venaani said in response to the Ministry…

04 Mar

Namfisa lauded the most ethical institution in Namibia

ObserverFeaturedNamfisa lauded the most ethical institution in Namibia, NAMFSA Kenneth Matomola

Martin Endjala The Namibia Financial Institution Supervisory Authority (NAMFISA) has been awarded the Diamond Arrow Award for institutions conducting business in the most ethical way in Namibia and for their contribution to the economic growth and development of Namibia. NAMFISA’s operations are premised around good corporate governance, stakeholder engagement and operational efficiency. The Chief Executive Officer of NAMFSA Kenneth Matomola applauded the staff and key stakeholders for their contribution to attaining such a prestigious recognition award. “Ethical conduct is enshrined in our corporate values and operational policies.” He added that the PMR Award has been in existence for 32 years…

03 Mar

NWR scoops PMR Africa Diamond Arrow Award

ObserverFeaturedMatthias Ngwangwama, NWR scoops PMR Africa Diamond Arrow Award

Steve Nashama The Namibia Wildlife Resorts (NWR) yesterday scooped a PMR Africa Diamond Arrow Award, given to companies doing the most for conservation and tourism in Namibia. Nelson Ashipala, NWR Spokesperson said the PMR Africa Awards aim to recognise excellence in various industries in Namibia, and winners are selected through a rigorous process of surveys and research conducted by PMR Africa. “This year’s awards saw a record number of entries, making the achievement even more significant for NWR,” he emphasised. Ashipala indicated that the Diamond Arrow Award is the highest level of recognition that can be awarded by PMR Africa,…

02 Mar

NHE Supplicates for Striking Employees’ Return

ObserverFeaturedGisbertus 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.

ObserverFeaturedAudrin 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…

28 Feb

Taxi union pushes for N$26 per trip despite backlash

ObserverFeatured, National NewsMinistry of Mines and Energy, Taxi union pushes for N$26 per trip despite backlash, Werner Januarie

Steve Nashama The Namibia Transport and Taxi Union(NTTU) says it will not be discouraged by public opinions on its intention to increase taxi fare by 100 percent, which would mean N$26 per trip. The union’s President, Werner Januarie says the increment is more than justified, since they put in the request about three years ago. The current taxi fare stands at N$13. The union’s request follows an announcement made by the Ministry of Mines and Energy about the increase of petrol prices. Diesel prices remain unchanged, the ministry said. Januarie said It has been about two to three years since…

28 Feb

SA greylisting a wake up call for Namibia

ObserverFeatured, National NewsFinancial Action Task Force (FATF), local Economist Theo Klein, SA greylisting a wake up call for Namibia

Martin Endjala The Institute for Public Policy Research (IPPR) Director Graham Hopwood has cautioned the Namibian government to use South Africa’s greylisting by the Financial Action Task Force (FATF) as a warning to relook its anti-money laundering systems, to align it with international laws and international standards. The FATF is the global money laundering and terrorist financial watchdog. “Namibia also has to meet the same standards in terms of tackling anti-money laundering,while introducing effective systems and if we don’t we will also be grey-listed by the FATF”, said Hopwood in an interview. He added that this is a warning sign…

15 May

NBL relocating depot to Lafrenz

ObserverFeaturedCovid-19, Marco Wenk, NBL relocating depot to Lafrenz

Martin Endjala The Namibia Breweries Limited is constantly spreading its wings looking to new ways to develop and improve its service delivery to world class standards. NBL is relocating its Ruhr Street depot in the Northern Industrial Area to its new 18 Holsten Street address in the Lafrenz Industrial Area, to consolidate its scattered staff across Windhoek under one functional roof. This was announced today by the NBL Managing Director Marco Wenk during the launch of its new central distribution home craft beverage site in Windhoek. NBL is known for its quality world renowned beverages for which it received international…