National News – Page 303

30 Oct

NWR achieves financial milestone

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Martin Endjala Namibia Wildlife Resorts Limited (NWR) made a significant announcement last week, confirming the successful settlement of its N$93 million debt, including all outstanding long-term and statutory debts, some of which dated back to the company’s inception. These financial obligations encompassed debts owed to development financial institutions and commercial funding organizations, posing a longstanding financial challenge for the organization. In addition to clearing its long-term debts, NWR has also settled all statutory debts, including historical tax payments owed to the Namibia Revenue Agency. Matthias Ngwangwama, the Managing Director of NWR, made the announcement and emphasized that the company’s achievement…

30 Oct

Close call leaves aircraft seriously damaged

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Niël Terblanché A twin-engine Cessna 406 belonging to Westair, a Windhoek based aviation company, en route from Eros Airport to the B2Gold mining site north of Otjiwarongo, was involved in an emergency landing on Wednesday. The incident was confirmed by Hafeni Moshixwa, a senior aircraft accident investigator at the Directorate of Aircraft Accident and Incident Investigations. Moshixwa said the light aircraft had two pilots and a senior manager of the mining group onboard when the incident occurred. According to Moshixwa, the pilots declared an emergency when the aircraft’s elevator flaps became inoperable. At this stage, it is suspected that the…

30 Oct

Special courses strengthen military leadership

info_e12wt4csNational NewsSpecial courses strengthen military leadership

Niël Terblanché The Namibia Command and Staff College in Okahandja marked a significant milestone as it celebrated the graduation of the 17th Junior Staff Course (JSC). Hilma Nicanor graced the event at the end of last week, the Deputy Minister of Defence and Veterans Affairs, who had the honour of presenting the Military Science Diploma to 23 Namibian Defence Force Officers, including two graduates from the Zambia Defence Force. The Junior Staff Course (JSC) is a flagship program of the college, meticulously designed to cultivate officers with essential leadership, management, and staff officer skills. The comprehensive curriculum encompasses many subjects,…

30 Oct

Helao Nafidi traders struggle due to insufficient trading platforms

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Hertta-Maria Amutenja The town of Helao Nafidi is currently facing a pressing issue that affects its local traders. The shortage of adequate trading platforms and open markets has compelled many traders to resort to selling their wares along the streets, a practice that is at odds with the town’s regulations. According to the Minister of Industrialisation and Trade Lucia Ipimbu, who spoke at the official opening of the 16th edition of the Helao Nafidi Business Expo 2023 last week, the situation has created numerous challenges for the local business community. Iipumbu acknowledged the struggles faced by traders and expressed the…

30 Oct

The second intake at Swapo School graduates

info_e12wt4csNational NewsThe second intake at Swapo School graduates

Stefanus Nashama The Swapo Party School celebrated the graduation of its second intake over the weekend in Windhoek, marking a significant milestone since its establishment. This event followed the first intake graduation, which took place in January 2019. Speaking at the graduation ceremony, Swapo President Hage Geingob stressed the party’s longstanding commitment to education for its cadres dating back to the country’s liberation struggle. He pointed to the importance of education, stating, “With the knowledge that the pen is mightier than the sword, Swapo administered a meticulous and well-coordinated program of education in exile. That is why today, you will…

27 Oct

Katutura residents considering legal action against CoW over debt collection

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Hertta-Maria Amutenja In an escalating standoff between Katutura residents and the City of Windhoek (CoW), residents are contemplating taking legal action as they demand immediate resolution to their grievances concerning the city’s engagement with Redforce Debt Management for debt collection.The Katutura Residents Committee, representing the disgruntled residents, which comprises mostly elderly people, has expressed their dissatisfaction with the city’s debt collection approach, which involves contracting a third party to collect debts on behalf of the city.“We are also exploring legal action and have already sought legal advice from senior counsel regarding various legal aspects we can explore,” said Shaun Gariseb,…

27 Oct

Economic growth requires a robust financial system, says Prime Minister

info_e12wt4csNational NewsEconomic growth requires a robust financial system, says Prime Minister

Prime Minister Saara Kuugongelwa-Amadhila highlighted the importance of a robust financial system to support and drive Namibia’s economic growth effectively. She made these remarks during her address at the Namibia Women in Finance and Insurance Summit, held in the capital city this week. Kuugongelwa-Amadhila stressed that the financial sector plays a critical role in facilitating the transformation of the country’s economy. It not only provides financial services to individuals and businesses but also creates employment opportunities. “With a well-positioned financial system, employment opportunities are generated by various financial institutions, including banks, insurance companies, investment houses, and other financial service providers,”…

27 Oct

Convicted prophet Babi returns to court for unpaid rent

info_e12wt4csNational NewsConvicted prophet Babi returns to court for unpaid rent

Hertta-Maria Amutenja Self-proclaimed prophet and founder of House of Joy Ministries, Jackson Babi, who made headlines last year after being sentenced to ten years imprisonment for his involvement in rhino poaching, has once again found himself entangled in a legal battle. This time, it’s not wildlife crimes that have brought him to court but rather a landlord-tenant dispute over unpaid rent. Babi and his wife, Maria Babi, are currently facing legal action for allegedly failing to pay their rent, as revealed in particulars of a claim filed at the Windhoek High Court earlier this year. They are accused of failing…

27 Oct

Erongo Business and Tourism Expo energizes economic prospects

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Niël Terblanché The 15th edition of the Erongo Business and Tourism Expo, hosted by the Walvis Bay municipal council, is in full swing, promising to invigorate the local and national economies. Neville Andre, the Governor of the Erongo Region, during his opening address stressed the event’s significance in bringing together Small and Medium Enterprises (SMEs) to showcase their offerings, thereby reinforcing socio-economic development and creating employment opportunities. Positioned as one of Namibia’s economic epicentres, Walvis Bay recognizes the evolving landscape of business and the need for transformative changes in both the tourism and business sectors. This annual event also fosters…

27 Oct

The working space is becoming too small for new graduates: Iipumbu

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Martin Endjala The Minister of Industrialisation and Trade, Lucia Iipumbu, has expressed concern that the job market is becoming increasingly saturated for new graduates. She pointed to the need for graduates to shift away from traditional employment aspirations and consider entrepreneurship as a viable alternative. Iipumbu made these remarks during the launch of Harambean Entrepreneurship, a collaborative initiative with FirstRand Namibia and First National Bank, aimed at promoting entrepreneurship. Highlighting the high rate of unemployment in the country, Iipumbu encouraged young people to explore entrepreneurship and foster partnerships as a means to improve their lives and contribute to the economy.…