Main

Meatco reports N$258 million loss

Meatco reports N$258 million loss

Ester Mbathera Meatco has reported an operational loss of N$258.1 million in its group performance for the year-to-date period that started in January 2024. This loss, excluding a government grant, amounted to a budgeted loss of N$61.5 million. The company's bottom line reflects a reduced loss, primarily due to accounting for a state grant of N$135 million received in April, June, and July of 2023. Meatco during the period under review (2022-2023) slaughtered more than 60 820 cattle including animals behind the red line, compared to a budget of 50 000. According to the group report, the revenue generation fell…
Read More
Workers play a critical role in Namibia’s future prosperity

Workers play a critical role in Namibia’s future prosperity

Niël Terblanché On Workers' Day, President Nangolo Mbumba and Prime Minister Saara Kuugongelwa-Amadhila honoured Namibian workers, celebrating their indispensable role in nation-building and the pursuit of socio-economic growth. In his message to the nation, President Mbumba stressed the critical role workers play in driving Namibia's development trajectory towards a prosperous future. This year’s commemoration was presented under the theme "Namibian Workers United for Economic Growth and Development and the President added that it has a significant role to play in the Year of Expectations. President Mbumba acknowledged the sacrifices and contributions of workers. "Without workers, there can be no construction,…
Read More
MUN president digs in heels

MUN president digs in heels

Ester Mbathera Ismael Kasuto, the president of the Mineworkers Union of Namibia (MUN), and his deputy Densley Somseb are refusing to vacate their respective positions in the union. On Monday, the two of them, along with two other leaders, Abraham Baisako and Delila Tsibes, issued a statement, in which they claim that they received information that the group that removed them, is trying to take over the union. They claim that the group wants to block them from carrying out a forensic audit of the union’s finances. They stated that the decision to release the financial report was one of…
Read More
Namcor Chevron deal sparks worry

Namcor Chevron deal sparks worry

Martin Endjala and Ester Mbathera Political analyst, Stephanus Pombili has cautioned the Namibian government against doing business with United States-based oil giant, Chevron. This comes after Namcor signed a farm-out agreement with Chevron Namibia Exploration Limited (CNEL), a subsidiary of Chevron Global Energy Inc. on Monday. “It is very dangerous to involve our trade with the warmongering USA. Since 2012, the US Navy has been visiting Namibia’s ports. In recent years, the USS Hersel Woody Williams arrived in Namibia in 2021 and returned in 2022. By 2020, the United States injected US$300 million into constructing their embassy,” he said He…
Read More
Businessman drove stolen vehicles for ten years

Businessman drove stolen vehicles for ten years

Ester Mbathera The businessman Daniel Kamunoko, who is suing Standard Bank Namibia for about N$184 billion has been driving two vehicles that were reported stolen by the bank in 2009. The vehicles involved are an AMG C55 and a CLK cabriolet Mercedes Benz which are still in Kamunoko’s possession. In court documents, Kamunoko claims that he wanted to sell the AMG but the vehicle failed to get police clearance. “It was when I discovered that both vehicles were reported stolen on 16 April 2009. In other words, I have been driving these Benzes for ten years, stolen by myself as…
Read More
CoW to escalate water restrictions as supply dries up

CoW to escalate water restrictions as supply dries up

Niël Terblanché The City of Windhoek (CoW) is on the brink of declaring a severe Category D water scarcity, compelling it to implement stringent water-saving measures as water supply to the capital is under severe strain. This decision follows a drastic reduction in water supply by NamWater, which has decreased from 75% to 40% of the city's total demand due to critically low water levels in the primary supply dams. At a meeting on Thursday evening the deputy mayor of Windhoek, Joseph Uapingene said there is a need to reduce water consumption by at least 10%. “Unfortunately, water-conserving targets have…
Read More
Ombudsman halts Fishrot accused transfer to public cells

Ombudsman halts Fishrot accused transfer to public cells

Erasmus Shalihaxwe and Ester Mbathera Namibia’s Ombudsman, Basilius Dyakugha has ordered the Namibia Correctional Services (NCS) to put plans to transfer some of the Fishrot accused to other holding cells on hold. This is while his office is conducting investigations into allegations of unfair treatment of the accused persons by senior officials of the NCS. Dyakugha made the request in a letter which has been seen by this publication to NCS Commissioner-General Raphael Hamunyela on Monday. “I humbly request the Commissioner-General to put the transfer on hold and do a proper investigation as well as apply the audi alteram partem…
Read More
Fishrot accused approach Mbumba not re-appoint Acting Judge Chinhengo

Fishrot accused approach Mbumba not re-appoint Acting Judge Chinhengo

Ester Mbathera Three of the accused persons in the Fishrot corruption scandal have written to President Nangolo Mbumba expressing concerns about the constitutionality of the appointment and any potential extension of Moses Chinhengo’s tenure as Acting Judge of the High Court. In the letter, dated 21 February and seen by the Windhoek Observer, Murorua Kurtz Kasper Incorporated, the legal representatives of Sacky Shanghala, businessman James Hatuikulipi, and Pius Mwatelulo argued that Chinhengo is not a Namibian citizen and at the time of his appointment by late President Hage Geingob, he was not serving as a Judge in Namibia. They further…
Read More
Politicians call for presidential debate

Politicians call for presidential debate

Erasmus Shalihaxwe Maximillian Katjimune, a Popular Democratic Movement (PDM) member of parliament added his voice to the call for a public debate between candidates in the presidential race that will stand in the November presidential and national assembly elections. The call was initially made by Panduleni Itula, the leader of the Independent Patriots for Change (IPC) on his X account last week. “I'm all set to debate with candidates who are duly registered. Let's bring our A-game to the table!’ he wrote under the #ReadyToDebate tagline in his social media post. Katjimune said the debate will allow presidential candidates to…
Read More
12 arrested in corruption-related cases in six months

12 arrested in corruption-related cases in six months

Stefanus Nashama In the last six months, 12 people have been arrested in corruption-related cases. This was announced by ACC spokesperson Josefina Nghituwamata in a statement on Monday. A number of the cases involve civil servants. The most recent case involves Kefas Kalitheni Amutenya (46), an official from the Ministry of Agriculture and Land Reform, who was arrested for allegedly accepting a bribe of N$600 from a community member at Onankali last month. Amutenya, a Workhand official under the Directorate of Rural Water Supply and Sanitation Coordination, was taken into custody by the Anti-Corruption Commission (ACC) on 13 April. He…
Read More