National News – Page 300

06 Nov

Piracy harms the economy of local industry content

info_e12wt4csNational NewsPiracy harms the economy of local industry content

Martin Endjala Multichoice Namibia has cautioned against piracy saying that it negatively affects local industry content, consequently weakening the local economic growth. Multichoice Namibia Managing Director Roger Gertze, said piracy has a detrimental impact on all facets of society; from the economy to the growth of the local industry. “It’s imperative that we look at the bigger picture when identifying the streams required for us to partner against piracy, and that is the impact that piracy has on stunting the growth of our local creative industry,” said Gertze. He believes that the pursuit of the fight against piracy has the…

06 Nov

No cause for alarm while NDF conducts a training exercise

info_e12wt4csNational Newsgunshots, The Namibian Defence Force (NDF) is set to conduct a comprehensive training exercise near Rehoboth

Niël Terblanché The Namibian Defence Force (NDF) is set to conduct a comprehensive training exercise near Rehoboth, featuring loud explosions, gunshots, and the mobilization of military vehicles. The exercise is scheduled from November 6th to November 8th, between 08:00 and 16:00. Colonel Petrus Shilumbu, the head of the Ministry of Defence and Veterans Affairs’ Public Relations Division, provided details about the upcoming training exercise. According to Colonel Shilumbu, the exercise will involve soldiers and military vehicles, as well as the use of firearms and other weapons. He also mentioned that the noise from the training, including loud explosions, may be…

06 Nov

Trouble brewing over Malaria Day tender

info_e12wt4csNational NewsTrouble brewing over Malaria Day tender

Hertta-Maria Amutenja Kavango West Region has found itself embroiled in controversy over the awarding of a tender for services related to the World Malaria Day commemoration. The frustration comes after a procurement of service was awarded to a single company from the Oshana Region instead of a local company from the Kavango West region. A letter, dated 25 October 2023, addressed to Minister of Health and Social Services Kalumbi Shangula, from Kavango West Regional Governor Sirkka Ausiku, revealed the concerns and displeasure over the handling of the procurement process. The tender in question, awarded to Tateeya Investment cc, a company…

03 Nov

Geingob commends AU for championing the 1 Million Next Level Initiative

info_e12wt4csNational NewsGeingob commends AU for championing the 1 Million Next Level Initiative

Niël Terblanché President Hage Geingob extended his well wishes to the youth of Africa while extending his hope for their confidence in a brighter future for all as Namibia joined the rest of the continent in celebrating Africa Youth Day 2023. The occasion on Wednesday not only celebrated the vitality of Africa’s youth but also placed a significant spotlight on the future of education in the continent. In his statement, Geingob indicated that African Union Heads of State and Government have declared 2024 as the “Year of Education in Africa,” with the theme “Educate an African fit for the 21st…

03 Nov

Rising crime poses a significant threat to Namibians’ well-being

info_e12wt4csNational NewsRising crime poses a significant threat to Namibians’ well-being

Stefanus Nashama Hidipo Hamata, a Member of Parliament from the Popular Democratic Movement (PDM), has voiced serious concerns about the alarming surge in criminal activities in Namibia, emphasizing the significant threat it poses to the safety and well-being of citizens. Hamata made these remarks while contributing to a motion tabled in Parliament this week, which addressed the issue of rising criminality in the country. The Parliamentarian highlighted the escalating crime rates, which not only jeopardize the social fabric of communities but also instil fear in the hearts of many Namibians. He called upon his fellow Parliamentarians to urgently address the…

03 Nov

NSA urges everyone to ensure they are counted in the final round

info_e12wt4csNational NewsNSA urges everyone to ensure they are counted in the final round

Stefanus Nashama With regard to the completion of Census 2023, the Namibia Statistics Agency (NSA) has issued an appeal to the Namibian populace to account for individuals who were not counted on the reference night of September 24, 2023. Statistician-General Alex Shimuafeni announced yesterday that the official enumeration of individuals will conclude on Sunday, November 5, 2023, and emphasized the importance of ensuring that everyone is counted. “I would like to extend a call to all those who were in Namibia on the night of September 24, 2023, which served as the Census Reference Night but have not been enumerated,…

03 Nov

Entrepreneurship and Innovation celebrated at K2G NextGen Showcase

info_e12wt4csNational NewsEntrepreneurship and Innovation celebrated at K2G NextGen Showcase

Niël Terblanché Neville Andre, the Governor of the Erongo Region stressed the importance of entrepreneurship and innovation as key drivers of economic growth and development while officially inaugurating the K2G NextGen showcase in Swakopmund Andre said that the significance of events like the K2G NextGen showcase is inspiring and empowering the next generation of business leaders. “It is events like these that inspire and empower the next generation of entrepreneurs to realize their full potential,” he said. The K2G NextGen showcase is designed to recognize and honour young entrepreneurs who have demonstrated the courage to dream big, take calculated risks,…

03 Nov

Coastal fraudster under investigation

info_e12wt4csNational News

Niël Terblanché A former employee of the Fisheries Observer Agency in Walvis Bay is facing charges of theft, fraud, money laundering and forgery. According to the incident report provided by the Public Relations Division of the Namibian Police, the suspect, while employed at the state-owned company, allegedly unlawfully and intentionally manipulated creditors’ bank accounts by replacing them with the details of a personal account. The suspect then proceeded to transfer a total of N$316,767.74 into a personal account through electronic fund transfers. The report states that the suspect used the stolen money for personal gain. The alleged fraud occurred between…

03 Nov

Mid-term budget allocation hailedas a trailblazer for economic growth

info_e12wt4csNational NewsMid-term budget allocation hailedas a trailblazer for economic growth

Martin Endjala The recent mid-term budget allocation of N$326.1 million to Small and Medium Enterprises (SMEs) is hailed as a trailblazer to economic growth in the country, with an emphasis that access to finance has been identified as a key element for SMEs to succeed in their drive to build productive capacity, to compete, to create jobs and contribute to poverty alleviation. These were the sentiments shared by Economist and Independent Bank Researched Josef Sheehama on the SME injection, a move which he and other experts have been calling for. “Without finance, SMEs cannot acquire or absorb new technologies nor…

03 Nov

PostFin boosted by N$406m fund from KfW

info_e12wt4csNational NewsPostFin boosted by N$406m fund from KfW

Martin Endjala PostFin, the microlending arm and a subsidiary of Namibia Post Limited (NamPost) was recently boosted with a N$406 million loan following the signing of an agreement with Germany’s KfW Development Bank. PostFin will use these funds to provide micro-loans to micro- and small-sized enterprises and households predominantly in rural and remote areas. PostFin was created as a conduit for NamPost to better serve Namibians by providing access to affordable financial services throughout the country. NamPost’s Chief Executive Officer, Festus Hangula, lauded KfW for the longstanding beneficial relationship between the two institutions and German Development Cooperation, which lasted for…