Observer Money – Page 165 – Windhoek Observer

02 Feb

Class of 2021 sets the tone and raises the bar….as they record only 7.7% ungraded fail nationwide.

Observer MoneyClass of 2021 sets the tone and raises the bar, The pioneering Advanced Subsidiary level Class of 2021 has set a mark that should be emulate

Tujoromajo Kasuto The pioneering Advanced Subsidiary level Class of 2021 has set a mark that should be emulated by those following in the footsteps. The candidates achieved an average of a C-symbol in all subjects. The trailblazers as the Minister of Basic Education referred to them, only recorded a 7.7 average ungraded symbol. This group was the first to write AS level examinations following the phasing out of the Legacy Curriculum. In total, 5007 candidates sat for their AS Level National Examinations in 28 subjects at 102 full time centers, 4592 and 415 candidates wrote at 88 public schools and…

02 Feb

Forex trader granted bail in GBV case, wants to “inspire” the youth

Observer MoneyFOREX trader Brownson Lukas who’s accused of assaulting his girlfriend, Forex trader granted bail in GBV case

Eba Kandovazu FOREX trader Brownson Lukas who’s accused of assaulting his girlfriend on 23 January hit her until she vomited. Lucas is also accused of throwing the woman with pieces of broken objects from a door he broke down at his house. The tussle between the two started at a local nightclub where the lady found him in the company of his friends. An altercation then ensued between the two that continued at his residence, where it allegedly escalated into an assault. Lukas, represented by Trevor Brockerhoff, told the court during his bail application today that he owns five vehicles…

02 Feb

Johnson Ndokosho appointed as director of forestry

Observer MoneyHe also has a B-Tech degree in Nature Conservation from the Port Elizabeth Technikon, Johnson Ndokosho appointed as director of forestry

Martin Endjala THE Ministry of Environment, Forestry and Tourism has appointed Johnson Ndokosho as its new Director of Forestry effective from 1 February 2022. “I am humbled by this appointment and grateful to be granted this opportunity to lead the Forestry Directorate and the sector in general. I go by the personal mantra of motivating and inspiring others to be their best self and that success breeds success” said the excited Ndokosho. In conversations with Windhoek Observer, Ndokosho reminiscences starting from the bottom and moving up the ranks to being appointed as a Director of Forestry, “this is everyone’s dream…

02 Feb

LPM wants Geingob to stop resettlement program…says only elites benefit

Observer MoneyBernadus Swartboi and Henny Seibeb made the proposal to Geingob, LPM wants Geingob to stop resettlement program

Eba Kandovazu LANDLESS People’s Movement (LPM) leaders today proposed that President Hage Geingob stops the current resettlement programme and prioritise genocide victims in land redistribution. Bernadus Swartboi and Henny Seibeb made the proposal to Geingob, during a courtesy visit to state house this morning. Swartbooi suggested that new modalities be studied and implemented without any delay. Saying “veterans never lost a single iota of land and as such the prioritisation of the veterans must be stopped with immediate effect” he urged government to prioritise genocide victims’’ in resettlement. According to him, landlessness and elite land grabbing continue at an unprecedented…

01 Feb

It’s all systems go at new Home Affairs building

Observer MoneyIt’s all systems go at new Home Affairs building, new state-of-the-art headquarters situated in Windhoek North at the corner of Hoseas Kutako Drive and Harvey Street

Martin Endjala THE Ministry of Home Affairs, Immigration, Safety and Security, has officially kick started its operations today from its new state-of-the-art headquarters situated in Windhoek North, at the corner of Hoseas Kutako Drive and Harvey Street, opposite Electoral Commission (ECN) building. Joy and excitement was the order of day among clients and officials when the Windhoek Observer newspaper visited the new premises this morning. “This will consolidate the ministries strength and flexibility of its services rendered to its clients within one premises indeed and I am excited and cannot wait to see the rest of the building”, said a…

01 Feb

No State funeral for Kaura

Observer MoneyKaura was President of the Democratic Turnhalle Alliance (DTA), No State funeral for Kaura

Eba Kandovazu THE family of late Katuutire Kaura says they will lay their hero to rest this Saturday at his village in Ongongombonde, some 20 kilometers outside Okakarara. Kaura’s son Kaura Kaura said the family will give his father a dignified send off, although he was not accorded a State or heroes funeral. He revealed that Kaura succumbed to COVID-19 related complications. He passed-away on 22 January in the Roman Catholic Hospital in Windhoek. He would have turned 81 this Thursday. “On whether or not we are disappointed that he wasn’t accorded a state funeral, we leave that to the…

01 Feb

Trustco to cash in on Sierra Leone investments….records 1.3 billion losses in the last two years

Observer Moneyfirst time the group plans to cash-in on one of its major foreign investments, records 1.3 billion losses in the last two years, TRUSTCO Group Holdings Managing Director (MD) Quinton van Rooyen, Trustco to cash in on Sierra Leone investment

Tujoromajo Kasuto TRUSTCO Group Holdings Managing Director (MD), Quinton van Rooyen says that for the first time the group plans to cash-in on one of its major foreign investments. The group, he says, it wants to reduce its shareholding substantially to a minority interest in mining activities in Sierra Leone. The value of that transaction is estimated to amount to USD150 million (N$2.3billion) which will be more than the group’s current market capitalisation or the value of all its stock. This comes as the group posted losses in the past two financial years, totaling N$1.3 billion, since the start of…

01 Feb

That is how business is done in Namibia”- Nghipunya

Observer Money10 million dollars without any services provided by Wanakadu Investments.A whopping 19 693 750 dollars was paid to Ndjakete investments, That is how business is done in Namibia

Eba Kandovazu DISGRACED former Fishcor Chief Executive Officer Mike Nghipunya reportedly hinted to Louise Fernandez, the CEO of Low-Key Investment, that a company receiving fishing quotas for governmental objectives must understand “that is how business is done in Namibia”, after he requested that Lowkey to pay money into the account of a company he co-owned with his fishrot co-accused Phillipus Mwapopi, Wanakadu Investment. Fernandez said he ended up parting with cash of close to 10 million dollars without any services provided by Wanakadu Investments. “By the words he used, he made me understand that that is how business was done…

31 Jan

69-year-old woman escapes death after grandson set hut on fire

Observer Money69-year-old woman escapes death after grandson set hut on fire, case of attempted murder and arson read together with the Domestic Violence Act 4 of 2003

Tujoromajo Kasuto A case of attempted murder and arson read together with the Domestic Violence Act 4 of 2003 was reported at Oshikango in the Ohangwena Region on Saturday, 29 January 2022. The incident was reported to have happened at around midnight on Saturday at the Eemboo village, where it is alleged that 26-year-old man intentionally set the room room alight, in which his 69-year-old grandmothers was sleeping. The granny was sleeping in the room after an alleged argument with her grandson. According to Police Spokesperson Kauna Shikwambi the room and its contents were completely destroyed by the fire. The…

31 Jan

Namibian students results already emailed to SA universities…Steenkamp says UCT rejection not a result of exam leaks

Observer MoneySteenkamp says UCT rejection not a result of exam leaks, students who provided the Ministry with their candidate numbers had their results sent to South African universities

Eba Kandovazu THE Executive Director of Education, Sanet Steenkamp says the results of learners who re-wrote examinations as a result of the examination question papers leak have already been emailed to South African universities. Steenkamp explained that students who provided the Ministry with their candidate numbers had their results sent to South African universities. However, the Faculty of Commerce at the University of Cape Town today said it had withdrawn the applications of Namibian students into the faculty because classes would have already commenced at the time of the release of the examination results of the applicants. The faculty Dean,…