Observer Money – Page 105 – Windhoek Observer

23 Aug

GRN expects to raise millions at new quota auction

ObserverObserver Money, UncategorisedFinance Ministry, Tonateni Shidhudhu

Tujoromajo Kasuto The Ministry of Finance (MoF) expects to make millions in a new round of governmental objective fishing quota auction for 392 metric ton (MT) Monk Freezer Fish. MoF Spokesperson, Tonateni Shidhudhu, says the Monk specie is the last auction for this catching season and a successful auction, similar to last auctions for Hake and Horse Mackerel after the first unsuccessful attempt earlier this year, is expected. The auction, which is meant to raise revenue for Government expenditure with a deadline for 27 August, has set a minimum price of N$10,000 per metric ton. According to the MoF, the…

20 Aug

Swanu Politburo debunk Extra Ordinary Congress …which is slated for tomorrow (Saturday)

ObserverObserver MoneyDr Rihupisa Kandando, Evilastus Kaaronda, SWANU

Tujoromajo Kasuto South West Africa National Union, (Swanu) of Namibia Secretary General, Evilastus Kaaronda, says the Extra Ordinary Congress is not a Swanu event as purported and did not come from the party’s leadership. The party further says the All Branches’ meeting is “at best legally amorphous and at worst a product of lost lucidity” of its former President and [the said] Extra-Ordinary Congress Committee Chairperson, Dr Rihupisa Kandando. According to Kaaronda, as far as the party leadership is concerned, there shall be no congress, ordinary or otherwise. He further adds that, “While we understand the desperate hunger for power…

19 Aug

SWANU in limbo – Kandando

ObserverObserver MoneyExtra-Ordinary Congress Committee Chairperson, Rihupisa Kandando, South West Africa National Union, Swanu of Namibia, Tangeni Iijambo

Tujoromajo Kasuto Namibia's oldest political party, South West Africa National Union, Swanu of Namibia, is holding an extra-ordinary congress on Saturday, 21 August, in the capital, under the Theme “Defending our Heritage”. The Extra-Ordinary Congress Committee Chairperson, Rihupisa Kandando, says the party has been in limbo since a motion of no confidence, in the Politburo (PB) and the Central Committee (CC) at the end of May at a meeting of some of the branches in Epukiro, in the Omaheke Region. The motion was motivated by the current party leadership being out of line with the party’s “revolutionary” wishes and aspirations,…

18 Aug

Rushed Covid Regulations relaxing

ObserverObserver MoneyActing Spokesperson, Covid-19, Esther Shakela, Namibia National Students Organisation (NANSO)

Tujoromajo Kasuto Namibia National Students Organisation (Nanso) Acting Spokesperson, Esther Shakela, says they are concerned with the safety and wellbeing of learners considering the pandemic has not subsided entirely. But maintains that they are aware that there remains a risk of a surge in new cases, which would put teachers and learners at risk. “We are cognisant of the fact we have lost a lot of learning time as a result of lockdowns of that were imposed the beginning of last year, we have seen that some universities like University of Namibia has increased entry points, and this means that…

17 Aug

Geingob congratulates Zambia’s President-elect

ObserverObserver MoneyHakainde Hichilema, president Hage Geingob, President-elect of Zambia

TUJOROMAJO KASUTO PRESIDENT Hage Geingob has congratulated the President-elect of Zambia, Hakainde Hichilema, on his victory in the Presidential Elections last Thursday. President Hichilema, a businessperson and Leader of the United Party for National Development (UPND) since 2006, beat outgoing President, Edgar Lungu, with overwhelming majority. Lungu conceded defeat. In his congratulatory message Geingob says the people of Zambia had unequivocally expressed their sovereign will through the ballot box having voted for the UPND under Hichilema’s leadership, giving it a strong mandate to steer Zambia towards further development, progress and prosperity. “On behalf of the people and Government of the…

17 Aug

Berlin court injunction necessary against Germany

ObserverObserver MoneyNama, Otjisuta Otjetu Oveni, Ovaherero, Ovambanderu

Staff Writer The President of Otjisuta Otjetu Oveni (Reparations is Ours), Jeremiah Tjatindi-Tjiveta, says it is necessary to institute a court injunction against Germany in a court in Berlin to stop her from negotiating in genocide talks with the Namibian government. “True the Government is adamant to proceed along the lines of the Reconciliation Agreement. My view is, it’s now or never to come together (the forces opposed to the bilateral agreement) and institute an injunction order through the Administrative Court in Berlin..to stop Germany to continue with the talks,” says Tjatindi-Tjiveta, based in Australia. The Government’s continued intransigence in…

17 Aug

State enterprises grounded by pandemic

ObserverObserver Money, UncategorisedLeon Jooste, Namibia Airports Company, NWR, Public Enterprises minister

TUJOROMAJO KASUTO PUBLIC Enterprises Minister, Leon Jooste, says the Covid-19 pandemic is wreaking havoc through the country’s economy and majority of public enterprises are experiencing the aftermath with NWR and the Namibia Airports Company gravely strained. “NWR and the Namibia Airports Company were the most severely affected but the fact is that the pandemic is affecting the entire economy and most of our public enterprises are experiencing the consequences,” Jooste says. The ministry has been urging the public enterprises to implement cost cutting measures and to approach financial institutions before they approach the shareholder for assistance. “We are currently assessing…

17 Aug

Jooste orders peace pipe for CRAN and MTC

ObserverObserver MoneyCommunications Regulatory Authority of Namibia (CRAN), Leon Jooste, Minister of Public Enterprises, Mobile Telecommunications Limited (MTC)

Staff Writer Minister of Public Enterprises, Leon Jooste, has directed the chairpersons of the feuding Mobile Telecommunications Limited (MTC) and the Communications Regulatory Authority of Namibia (Cran) to bury the hatchet for the sake of institutional investors. MTC and Cran have been at loggerheads over a number of issues, including the issuing of a telecommunications service licence to the City of Windhoek in 2020, which MTC labelled as ‘anti-competitive’ and against the Communications Act and the Competitions Act. Cran on the other hand claimed that MTC owed the regulator N$300 million in unpaid service levies, a claim MTC refuted. In…

17 Aug

Deputy minister Kauaria laid to rest

ObserverObserver MoneyTHE late Deputy Minister of Higher Education, Veno Kauaria

STAFF WRITER THE late Deputy Minister of Higher Education, Veno Kauaria, was described as a luminary whose reformative and progressive contributions in the education sector enriched thousands of Namibians who will treasure it for years to come. This was said by President Hage Geingob at the memorial service in honour of Kauaria at the parliament gardens in Windhoek on Friday. Kauaria died two weeks ago at the age of 61 and was laid to rest at Okonjoka village in the Amunius constituency on Saturday. The President and the First Lady attended the buril. Geingob said the passing of “a distinguished…

17 Aug

Genocide agreement heads to Parliament

ObserverObserver MoneyOvaherero Paramount Chief Vekuui Rukoro, Prime Minister, Saara Kuugongelwa-Amadhila

TUJOROMAJO KASUTO THE CONTROVERSIAL agreement on the genocide issue between Namibia and the German governments will be tabled in the National Assembly when the house resumes sitting next month. This was announced by Prime Minister Saara Kuugongelwa-Amadhila who confirmed that it would be tabled in Parliament when it resumes on 7 September, 2021. The agreement on the 1904-08 genocide in which up to 100 000 Ovaherero, 10 000 Nama and an unknown number of San died in the genocide was reached early this year between Namibia and Germany and has divided Namibians. The first phase of the genocide was characterised…