National News

NSA postpones 2023 population and housing census

NSA postpones 2023 population and housing census

Steve Nashama The Namibia Statistics Agency (NSA) has announced the postponement of the 2023 Population and Housing Census to August 2023, again. The census has been delayed since the Covid-19 pandemic in 2020 when it was initially planned to be conducted, while in 2021 and 2022 was due to financial restrictions. In a media release, NSA Statistician-General and Chief Executive Officer, Alex Shimuafeni, explains that the census is conducted every ten years and is essentially a process of collecting, processing, analysing, publishing and disseminating demographic, socio-economic and spatial data of the population during a specific period of time. He emphasizes…
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SAN is unhappy with non-awarding of tenders to its members.

SAN is unhappy with non-awarding of tenders to its members.

Martin Endjala The Security Association of Namibia (SAN) has expressed its dismay in the manner in which security tenders for the provision of security services were awarded. In the statement, SAN is casting doubt on the awarded companies’ compliance with labour law. SAN singled out two tenders which were recently awarded. “SAN wishes to bring to your attention our concern regarding the recent tenders awarded by the Kunene Regional Council and Namibia Post and Telecom Holdings”, the statement read. The announcement follows after the association formally distanced itself from a tender awarded for the provision of security services for NPTH.…
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Trustco Group’s net asset value increases.

Trustco Group’s net asset value increases.

Martin Endjala The Trustco Group Holding’s net asset value has increased by 362 percent to N$1,8 billion and the group’s after tax profit increased by 257 percent to a profit of N$1,4 billion as per the group’s latest financial results. Basic earnings per share increased by 268 percent to 145.89 cents compared to a loss per share of 86.66 cents last year. The group announced its 2022 financial year results yesterday, and has reported strong financial results for the 12 months ended 31 August 2022, along with its 30th consecutive unmodified audit report. The group has achieved a compounded annual…
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Eight students benefit from BoN

Eight students benefit from BoN

Hertta-Maria Amutenja The Bank of Namibia, through its Corporate Social Responsibility (CSR) initiatives awarded eight students with bursaries to pursue their tertiary education in various fields of studies at SADC institutions of higher learning. The students were accepted to pursue their studies in accounting, mathematics, economics, statistics and IT (artificial intelligence) for undergraduate and postgraduate studies at the University of Namibia, Namibia University of Science and Technology, University of Stellenbosch and at the University of Cape Town. “The Bank awards bursaries based on merit after a thorough search and interviews with selected individuals. To date, the Bank has availed 183…
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Taxi union pushes for N$26 per trip despite backlash

Taxi union pushes for N$26 per trip despite backlash

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…
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Labour Minister wants SSC workers to improve performance

Labour Minister wants SSC workers to improve performance

Martin Endjala The Minister of Labour, Industrial Relations and Employment Creation Utoni Nujoma has appealed to the Social Security Commission (SSC) employees to embrace their duties and deliver services to the masses as mandated in a timely manner. He said this during the SSC 28th-anniversary celebration last week under the theme “We are because of others’’, where he said that social security is both a human right and a socioeconomic necessity, that the right to social security is recognized in the Universal Declaration of Human Rights and many other international instruments. “I, therefore, appeal to each of you to execute…
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SA greylisting a wake up call for Namibia

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…
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Is Windhoek officially a dysfunctional city?

Is Windhoek officially a dysfunctional city?

Hertta-Maria Amutenja The City of Windhoek(CoW) Council has yet again failed to elect two additional members to the Management Committee, at a special meeting that was scheduled to take place this evening. The meeting has since been postponed to 2 March 2023, a day before the deadline set by Minister of Rural and Urban Development, Erastus Uutoni. The city has been labeled dysfunctional due to internal disputes, ranging from the City’s three-year absence of a substantive Chief Executive Officer and disagreements between Council members. Since the resignation of Robert Kahimise as Chief Executive officer at the end of October 2020,…
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NALOBA lauds DBN’s interest-free recovery loans

NALOBA lauds DBN’s interest-free recovery loans

Martin Endjala The Namibia Local Business Association (NALOBA) Vice President, Peter Amadhila commended the Development Bank of Namibia (DBN) and the German Development Bank’s (KfW) initiative to introduce a 12-months free interest loan for businesses in the county. “As an association of native businessmen and women in Namibia, NALOBA would like to applaud the greatest initiatives taken by the Development Bank of Namibia and KfW to give recovery loans six percent interest-free on the first 12 months”, Amadhila said during an interview with the Windhoek Observer. He says this demonstrates the bank’s trust in the Namibian business community and a…
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NHE Employees Strike Continues

NHE Employees Strike Continues

Steve Nashama The National Housing Enterprises employees’ strike continued today, although workers say they still have not received a response from management.Tuafi Shafombabi in the telephonic interview with Windhoek Observer said nothing has changed yet, the company still evokes a no-work no-pay principle during the strike, in terms of section 76 (1) of the Labour, Act No. 11 of 2007.In a press release on the matter by NHE last week Tuesday, Shafomabi indicated that the company has contingency plans in place, however it is without a doubt that the industrial action will negatively impact their operations and disrupt the normal…
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