Observer Sports

Namibian government’s sneaky trick to tap local retirement funds

Namibian government’s sneaky trick to tap local retirement funds

Staff Writer Namibia’s budget speech to its parliament is nearing, and the question is how the new finance minister is going to fund the mineral-rich country’s state spending after pension funds were indirectly used last year. The nation of less than 3m people relies heavily on developmental aid from South Africa – in the form of customs revenue sharing – to fund its public outlays. Namibia, however, has a large pool of investment money relative to its economic output. It was this segment that the country’s finance ministry targeted last year and the year before. In a similar vein to…
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Lockdown calorie burning ideas

Lockdown calorie burning ideas

Don’t get lazy and flabby during quarantine! Some couch potato stuff, reading books and long naps are good; but sitting around feeling anxious or frightened will make you crazy. Get up, look around and find something to do that needs doing. While moving around in the house and garden, you can lift your spirits, but also burn calories. Gyms are closed because of Covid-19. Social distancing is the norm. You can burn calories when you do chores around the house or in the yard. House or yard work can boost your metabolism and help manage your weight. Vacuum Carpets and…
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Celebrity desert trek place Namibia on map

Celebrity desert trek place Namibia on map

A mixture of well-known celebrities among them radio DJ's, television broadcasters, a singer and a TV judge, last month embarked on a 100-mile trek across the Namib desert to raise vital funds to transform the lives of vulnerable people and communities throughout the UK and internationally. The challenge was filmed for a BBC One documentary, The Heat is On: Sport Relief, which aired on Wednesday last week. Every year a bunch of determined celebrities take on a gruelling challenge or Comic Relief or Sport Relief and this year, it was not different. Celebrities, including Nick Grimshaw and Frankie Bridge trekked…
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Couch Kitten: Don’t let ‘imposter syndrome’ get you

Thandizo Kawerama Imposter syndrome is when you downplay your achievements. You dim your own shine and shy away from opportunities you would otherwise benefit from. When you find yourself in a position you are qualified for, you get paranoid that your inadequacies will be exposed – so you shrink away from high performance. It’s basically shooting yourself in the foot. Last week I watched the critically acclaimed, Oscar winning South Korean film Parasite. It was brilliant. Outside of being a great critique on our classicist society, the film served as reminder as to why we shouldn’t let imposter syndrome get…
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Philander’s satirical drama confronts corruption

Philander’s satirical drama confronts corruption

Clementine Tjameya Frederick Philander is an iconic, talented playwright, social historian, actor and director. He uses his gift to express his love of Namibia and its people. Last month, we published an article announcing that Philander had finished his latest satirical political courtroom drama, I am NOT corrupt. He is now preparing it for a full stage presentation. Without giving spoilers, this play is based on a true Namibian court case that recently captured national headlines. Rehearsals for the play started last week and are continuing throughout the months of March and April. The Windhoek Observer had the privilege to…
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Preserve and get what you deserve in your golden years

Preserve and get what you deserve in your golden years

Patricia Olivier Chief Executive Officer Old Mutual Corporate Segment Did you know that retirement planning and its benefits is all up to you? There is no legislation for example, compelling you as a member of a retirement fund, to preserve your benefits when exiting the fund upon changing an employer. In fact, currently members of retirement funds may take 100% of their retirement savings in cash and most do. Doing so however will probably add to a series of obstacles standing between you and your retirement goals which may be to retire with financial independence. Perhaps you haven’t even given…
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Top 5 tips to achieve financial independence

Top 5 tips to achieve financial independence

There are no short cuts to attaining financial freedom; it requires discipline and proper financial planning. Elzita Beukes, FNB Communication Manager, said: “Financial independence is the ability to live a financially independent life that neither relies solely on debt as a form of survival or living expenses. The main reason most people grapple with the concept of financial independence is because of a lack of discipline. “There’s no truth in the belief that you can only achieve financial independence when you are wealthy, it all depends on developing good money management skills.” In order to see the full worth of…
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Observatory: Show him the real deal

Clementine Tjameya President Geingob’s so-called ‘surprise’ visit to the Katutura Intermediate Hospital raised a number of frustrated and angry comments online and around town. People all over the country are wondering if it was really a surprise visit or just a staged visit. The public has been complaining about the hospital for as long as I can remember. Over the past few weeks the complaints got out of hand. There was even a petition going on social media which said, “Save Katutura Hospital”. People were, and are still, angry about the dilapidated state that of that hospital. However, after his…
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One country: three nations

Dr. Ngarikutuke Tjiriange Now that we are celebrating 30 years of independence of our country it may be important to just briefly reflect on some issues of those years, particularly what still persistently and disturbingly still haunts us. Our colonial history left Namibia economically split into three countries depending on their colour. The independence constitution was intended to build a bridge between the past divided society characterized by immeasurable misery and unequal distribution of wealth among different groups. The preamble of the constitution provides for the inherent dignity and the equal and inalienable rights of all members of the human…
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Shout Out: This is the moment to turn to each other

Jackie Wilson Asheeke In my high school typing class, we used to memorize the keyboard by typing, “Now is the time for all good men to come to the aid of their country.” Apparently, there is something about the keystrokes in this phrase that made it a perfect exercise. I would adapt that stanza by saying, “In Namibia, now is the time for all good people to come to each other’s aid.” It is time for us to turn TO each other in charity and not ON each other in panic. This state of emergency is disturbing. Many of us…
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