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27 Mar

The Time Traveler: All families belong together

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Hugh Ellis The Ministry of Home Affairs has denied entry to two Namibian children born in South Africa, rendering them effectively stateless. The twin girls’ parents are a same-sex couple, married in South Africa six years ago. The girls were born through a surrogate pregnancy. In terms of the surrogacy agreement, legal in South Africa, the couple have been registered as fathers on the babies’ South African birth certificates. At the time of writing this column, one of the fathers, Namibian citizen Phillip Lühl, was suing the Minister of Home Affairs in an effort to have him compelled to issue…
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Air Namibia officially liquidated
27 Mar

Air Namibia officially liquidated

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By Maria Hamutenya Acting High Court judge, Kobus Miller, on Friday pronounced the official liquidation of Air Namibia after converting its provisional liquidation into full liquidation. This comes after Air Namibia’s biggest creditor, Namibia Airports Company (NAC) had applied for the liquidation of Air Namibia in the Windhoek High Court in February. The NAC filed an urgent application stating that the national airline owes it close to N$714 million. According to Advocate Jesse Schickerling, who assisted Advocate Raymond Heathcote in court on behalf of Namibia Airports Company (NAC), the next step after the High Court judgement would be holding the…
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Govt eyes N$105 million from new quotas auction
27 Mar

Govt eyes N$105 million from new quotas auction

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Andrew Kathindi The Ministry of Finance together with the Ministry of Fisheries and Marine Resources are expected to raise around N$105 million in a new round of governmental objective fishing quotas auctions. The auction, which is meant to raise revenue for Government expenditure with a deadline for the 16th of April, has set a minimum price of N$6,000 per metric tonne. According to the Ministry of Finance, the bids will be placed on 11,164 metric tonnes of Wet Hake and 4,784 metric tonnes of Freezer Hake, both of which are targeted at 50 percent for Namibians, and the remaining 50…
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MUMI appointed to GIPF incubator program
26 Mar

MUMI appointed to GIPF incubator program

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Staff Writer MUMI Investment Managers (Pty) LTD has been appointed by the Government Institutions Pension Fund (GIPF) as one of its six incubator asset managers. The Asset Management Incubation programme is being implemented by the GIPF to provide an opportunity for previously disadvantaged individuals to participate in the mainstream asset management industry, and in doing so create Namibian based skills in the field of Investment and Asset Management. MUMI Investment Managers which officially commenced operations in 2019, possesses combined experience of over 20 years in portfolio research and investment management and currently manages about N$880 million of GIPF assets as…
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Sweat pants and baggy shirts for me please, the tales of a young entrepreneur
25 Mar

Sweat pants and baggy shirts for me please, the tales of a young entrepreneur

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I believe there is a big misconception with regards to what a business owner/entrepreneur is. Many have been sold the suit and tie symbolic status with regards to what it means to be a business owner. Rarely have I seen the highlights on the brutal truths on what the business market entails. Sleepless nights, financial constraints and may I never live to forget the anxiety, fear and doubt that never leaves the minds of those who decide to venture into the unpredictable world of the business market. Hi, my name is Nelago Johannes, I am 23-years-old and I run a…
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Stanford Seed programme, a growth catalyst for entrepreneurs
24 Mar

Stanford Seed programme, a growth catalyst for entrepreneurs

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Staff Writer The Stanford Seed Transformation initiative, is a programme which partners with entrepreneurs in emerging markets to build successful enterprises that transform lives. It has returned at a timely opportunity for Namibian entrepreneurs to expand their capacity to succeed. The programme, a collaboration between the Stanford Graduate School of Business and the De Beers Group, allows leaders to gain critical skills to grow their companies and create jobs which in turn will lead their regions to greater prosperity. With applications for the 2021/22 Southern Africa Seed Transformation Program (STP) now open, entrepreneurs with a mind-set to grow their businesses…
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20 Mar

The question so much is whether There’s still exploitation or not?

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Kae Matundu-Tjiparuro What went wrong with the socialist project? Read a headline to an opinion article by Uaripi Tjihenuna in the New Era last Wednesday. What a screaming headline, Yours Truly Ideologically could not but observe. Only that it was an opinion article, and tucked and/or hidden away for that matter on the eighth page of the edition, while to my mind it warranted the front page, to give more visibility and essence to its scream in view of the relevance and pertinence the author is raising in the article. This is a question that is long overdue if not…
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20 Mar

The Time Traveler: Why I support ‘economic empowerment’

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Hugh Ellis The National Equitable Economic Empowerment bill (Neeeb) will soon be tabled in Parliament. Exactly what the latest version of the bill says - word-for-word - is not yet clear. While there were shortcomings in the previous drafts, it is hard not to agree with the principles of empowerment that they represent. I don’t agree with the apparent demand of the ‘private sector’ (here seeming to mean long-established businesses) to approve almost every last word before the bill goes before the National Assembly. It’s noble to consult the ‘haves’ of society, but eventually, if those who have already eaten…
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COVID-19 hits NTB revenues
20 Mar

COVID-19 hits NTB revenues

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By Maria Hamutenya THE COVID-19 pandemic devasted Namibia’s tourism sector to an extent that the Namibia Tourism Board (NTB) only generated N$3 million in levies from October 2020 to March 2021. NTB chief executive officer Digu //Naobeb said this is a massive drop compared to N$17 million the board between October 2019 and March 2020, before the onset of the pandemic. “During that period, our revenue was N$17 million, and compared to the period from October 2020 to March 2021 we only made N$3 million. We are short by N$14 million,” he said. //Naobeb said the situation has been compounded…
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Muinjangue takes first Sinopharm jab
20 Mar

Muinjangue takes first Sinopharm jab

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Kandjemuni Kamuiiri and Rose-Mary Haufiku DEPUTY minister of health, Ester Utjiua Muinjangue, became the first Namibian to be vaccinated against COVID-19 with the Chinese drug Sinopharm on Friday. Muinjangue said she took the vaccine to dispel fears about the safety of the drug which arrived in the country on Wednesday. “I did it to set an example and to encourage others to do so. We are leaders and we are requesting the community to get vaccinated. ‘’I am not worried because I know there are people in other countries who took it before us and are doing fine. Therefore, I…
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