Observer Money – Page 131

07 Feb

SPWC has no preferred Presidential candidate …..congress to be held virtually

info_e12wt4csObserver Moneydeputy mines minister Kornelia Shilunga says the wing has no preferred candidate, SPWC has no preferred Presidential candidate, Swapo congress will be done in this fashion

Eba Kandovazu The elective Swapo Party Women’s Council Congress slated for the last weekend of this month will be conducted virtually from three venues. Delegates from Zambezi and the two Kavango regions will meet in Rundu, while the Kunene, Omusati, Oshikoto and Oshana regions will converge in the Oshana region and Karas, Hardap, Khomas, Erongo, Omaheke and Otjozondjupa will meet in the Karas Region. The three gatherings will meet simultaneously and connected to one venue virtually. This will be the first time a Swapo congress will be done in this fashion, and if successful could perhaps set an example for…

04 Feb

APP shocked by rape of under-aged girl in Rundu hospital

info_e12wt4csObserver MoneyAPP shocked by rape of under-aged girl in Rundu hospital, Ministry of Health and Social, Vincent Kanyetu

Matin Endjala The secretary general of the All People’s Party Vincent Kanyetu told Windhoek Observer today, that he will write a formal letter to the Ministry of Health and Social services next week Monday, to investigate the recent alleged rape of an 11-year-old minor who was allegedly sexually assaulted by a nurse who works at the Rundu Hospital. “I just got back from my regional tour, and I will be writing them (MOHSS) a letter to look into the matter”, he says. Kanyetu says he was deeply touched by the scandalous incident. ''Firstly, I am a father, secondly am I…

04 Feb

EX PDMYL leader removed due to age

info_e12wt4csObserver MoneyBenson Katjirijova, EX PDMYL leader removed due to age, Manuel Ngaringobe, McHenry Venaani

Eba Kandovazu FORMER Secretary General for the Popular Democratic Movement Youth League(PDMYL) Benson Katjirijova says although he was removed as the youth league’s leader due to his age late last year, no law compelled him to exit the position. Katjirojova, who is turning 40-years-old this year has been PDMYL Secretary General since 2012. The party’s Secretary General Manuel Ngaringobe announced that the party has resorted to disbanding all it’s regional executive committees and restructuring them, with immediate effect. Katjiriova confirmed that the decision to remove him on the basis of age came from the party’s top six management, including it’s…

04 Feb

Cash remains King in Namibia

info_e12wt4csObserver Money50 million Automatic Teller Machines (ATM) withdrawals totaling N$36.9 billion, Johannes Gawaxab, Namibian economy is one that is highly cash dominated

Tujoromajo Kasuto Bank of Namibia (BoN) Governor, Johannes !Gawaxab says the Namibian economy is one that is highly cash dominated as over 50 million Automatic Teller Machines (ATM) withdrawals totaling N$36.9 billion were conducted in 2021. Worth noting, is that as of the end of December 2021 the total currency in circulation stood at 4.63 billion Namibia dollars, he informs. During the same period cash redemption amounted to six percent of the total currency in circulation. !Gawaxab says these figures are a perfect illustration of Namibians remaining cash reliant despite advancements in digital payments. It is also indicative of the…

04 Feb

Fishrot bail application takes two-week break

info_e12wt4csObserver MoneyAdvocate Vas Soni, Erna van der Merwe, Fishrot bail application takes two-week break, Fishrot corruption case, James Hatuikulipi, Kanyangela, Pius Mwatelulo, Sacky Shanghala

Eba Kandovazu THE bail application in which some suspects in the Fishrot corruption case are applying to be released on bail has been postponed to 21 February. Judge Shafimana Ueitele says the matter has been scheduled until 4 March. Today, Anti-Corruption Commission Chief Investigator, Andreas Kanyangela was still being cross examined by James Hatuikulipi, Sacky Shanghala and Pius Mwatelulo’s lawyer Advocate Vas Soni. The trio is joined in the bail application by Mike Nghipunya, Otneel Shuudifonya and Phillipus Mwapopi. Soni took issue with the manner in which the ACC issued search warrants for the arrest of the suspects in the…

04 Feb

Light Oil Discovered in Orange Basin

info_e12wt4csObserver MoneyNational Corporation of Namibia (NAMCOR), Paulo Coelho, Shell Namibia Upstream B.V and Qatar Energy

Martin Endjala The National Corporation of Namibia (NAMCOR) and its partners Shell Namibia Upstream B.V and Qatar Energy, have today announced a commercially viable discovery of light oil in both primary and secondary targets at the Graff-1 deep water exploration well. This was confirmed by the marketing, communication and public manager Paulo Coelho of NAMCOR in a media press release. It is reported that Graff-1 has proved to have a working petroleum system for light oil in the Orange Basin, offshore of Namibia, about 271 kilometers from the town of Oranjemund. The drilling operations that commenced in early December 2021,…

03 Feb

Black-Owned Security companies accused of not paying minimum wage

info_e12wt4csObserver MoneyANDREAS Hausiku secretary general of the Namibia Security Guards and Watchmen’s Union, Black-Owned Security companies accused of not paying minimum wage, Lydia Indombo says the implementation of minimum wage is in the hands of companies

Tujoromajo Kasuto ANDREAS Hausiku, secretary general of the Namibia Security Guards and Watchmen’s Union (NASGWU), has accused black-owned security companies of failing to pay their employees, the statutory prescribed minimum hourly rate of N$8.75 shift, which is honoured by their white-owned security companies. Hausiku says that certain companies that are contracted by government gives the union major problems, as they do not comply with the hourly rates He further pointed out that they barely experience issues with the white-owned companies, which comply with the rates and pay their employees on time as opposed to, “us black people”. Meanwhile, Hausiku shared…

03 Feb

Refugee commissioner to get retirement benefits despite murder conviction

info_e12wt4csObserver MoneyLikius Valombola had applied for early retirement shortly before he was sentenced, Refugee commissioner to get retirement benefits despite murder conviction

Eba Kandovazu CONVICTED Refugees Commissiner in the Ministry of Home Affairs, Likius Valombola had applied for early retirement shortly before he was sentenced in December last year for the murder of student leader Helao Ndjaba, Windhoek Observer newspaper can reveal. The 57-year-old Valombola served in the position for years and was sentenced to 14 years in the Windhoek High Court after he shot Ndjaba (25) in the head in Windhoek’s Ombili settlement in 2018. Executive Director in the Ministry of Home Affairs, Immigration, Safety and Security Ettiene Maritz today confirmed that Valombola was on leave when he submitted the application…

03 Feb

Namibia to receive a donation of 1m doses of sinopharm from China in tranches

info_e12wt4csObserver Moneyhas pledged to donate one million vaccine doses of sinopharm, Namibia to receive a donation of 1m doses of sinopharm from China, the People’s Republic of China

Martin Endjala The Ministry of Health and Social Services (MOHSS) Executive Director (ED) Ben Nangombe, has confirmed in conversations with Windhoek Observer today that, the People’s Republic of China, has pledged to donate one million vaccine doses of sinopharm to Namibia, to mitigate the covid-19 pandemic. The donation is expected to be delivered in tranches during this year. Nangombe expressed appreciation for the continued demonstration of solidarity and support that the government of the People’s Republic of China has shown over the years, ‘’It is very commendable’’ he said. This is the second donation of sinopharm vaccines that China gives…

03 Feb

Nedbank robbers get away with 1.3 million

info_e12wt4csObserver MoneyNedbank robbers get away with 1.3 million, the suspects ambushed security guards out of nowhere

Eba Kandovazu THE three men who yesterday shot at a security van delivering money to the Nedbank branch at Katutura’s Black Chain stole N$1.3 million. This was confirmed by Nampol spokesperson, Deputy Commissioner Kauna Shikwambi, who said that the suspects ambushed security guards out of nowhere when they arrived at the bank with the money. The suspects allegedly fired shots at the van just after one of the security guards offloaded two cases containing the money. It is reported that one of the bullets fired hit another stationary vehicle, the bank’s wall and the bank’s entry glass doors. Police say…