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Bank Windhoek ranks best bank

Bank Windhoek ranks best bank

Staff Writer PSG Namibia’s 2020 Banking Review has again ranked Bank Windhoek as the Best Bank in the country for the second consecutive year. The PSG Banking Review study provides a detailed time series and financial ratio analysis between banks in Namibia, South Africa, Botswana, and Zambia. The ranking system consisted of six categories: profitability, cost efficiency, credit risk, advance growth, market share, and capital adequacy. In the Namibian bank's category, Bank Windhoek outperformed in five categories, leading to best rate amongst the major financial institutions in Namibia. The Review stated that financial ratios were based on the most recent…
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Do not downplay job losses due to COVID-19

The pandemic has slapped an ailing Namibian economy in the mouth and drawn blood. Namibia should now be calculating the real economic impacts of the outbreak to get a solution that encompasses the crisis's depth and breadth. The government must not under report data about job losses due to COVID-19. This country cannot fix what is broken unless we acknowledge all that is broken, even if it paints a dismal picture. This is not the time to placate decision-makers and political bosses with optimistic, rosy scenarios. We need to look into the eyes of the pandemic beast and do battle.…
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Year of ideological reawakening, concerted resilience against capitalism

Kae Matundu-Tjiparuro “The critical needs of the working class can only be fulfilled in a socialist Namibia,” members of the Marxist Study Group wrote in a piece in the Namibian newspapers headlined: “The End of Swapo?” Yours Truly Ideologically could not agree more or less with this piece, especially the aspiration towards socialism and the realisation that only socialism or socialist Namibia can fulfill the basic or critical needs of the working class in Namibia, as is the case indeed the world over. This is given the continued and continuing realisation that the needs of the working are unfulfilled, if…
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The Time Traveler: The power of the daily practice

Hugh Ellis I guess quite a few of us picked up an unexpected, I-can’t-believe-s/he-is-doing-that, hobby during lockdown in 2020. For me, that hobby was the saxophone. I’d recommend learning a musical instrument to anyone, for both cultural connection and mental health, but this not directly what this column is about. It’s about the one big thing that impressed me about saxophone pedagogy, and indeed all musical instrument learning, as far as I know: you must practice every single day. I soon realised, as I guess most music students do, the great power that daily practice has. When you practice something…
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We are in the worra but at what cost?

Khanysiwa Mogotsi If you used any social platform this week, you should have heard about the heavy floods that swept the nation thanks to heavy rain. Although the rain is blessing for our very dry country, we should not forget the way they might have affected the livelihoods of unfortunate Namibians, especially during a pandemic. Most of the country are happy that their prayers for heavy rain have finally been answered. But, be careful what you wish for. There are those who are currently being forced to deal with water damage to their houses and cars every rainy season. Unfortunately,…
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The unthinkable has happened

Jackie Wilson Asheeke “These are the times that try men's souls” is a quote from Thomas Paine who wrote pamphlets against the British during the American Revolutionary War. When I watched people waving flags of racist groups, the confederate flag and wearing Trump promotional garb storming the US Capitol Building, my soul was tried. This was a violent armed insurrection in the United States. Donald Trump wants to remain, president, even though he lost the election. His thugs want to try to make that happen. The unthinkable has happened. A US President has fomented insurrection in an attempt to subvert…
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Shoprite/Checkers workers turn on Nafau

Shoprite/Checkers workers turn on Nafau

Andrew Kathindi Shoprite and Checkers employees currently on strike due to low pay and poor working conditions say they have lost confidence in Namibia Food and Allied Workers Union (Nafau), the union representing their case against their employer in court. This comes after Nafau Secretary General Jacob Penda announced that a meeting with Shoprite management yesterday (Thursday), which was intended to reach an agreement over the matter, ended in a stalemate and yielded no results. Employees were disgruntled with Penda, accusing the union boss of stalling a demonstration by Affirmative Repositioning (AR), which was intended to shut down several Shoprite…
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ECN ponders next move

ECN ponders next move

Andrew Kathindi The Electoral Commission of Namibia (ECN) is pondering its next move after finally receiving the reasons for last year’s December judgement regarding local elections in certain areas. On Thursday this week, the ECN began reviewing the Court’s justification for its decision regarding the elections in the Aroab, Koës, Stampriet local authorities and Mariental Rural constituency. “The reasons were received yesterday (Thursday). We’re still looking at them, and then we still have to meet,” Chairperson of the ECN, Advocate Notemba Tjipueja told the Windhoek Observer. Tjipueja had previously stated that the Commission would need to study Electoral Court Judge…
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Weed Control an Integral Aspect of Crop Production

Weed Control an Integral Aspect of Crop Production

Hanks Saisai Crop production is a form of primary agriculture that provides many Namibian households with staple food (grains, fruits and vegetables). In most rural areas of Northern and NorthEastern Namibia, staple grains such as Maize, Pearl Millet (commonly known as Mahangu) and Sorghum are milled into a powder that is used as a staple porridge in many homes. Gratefully, Namibia continues to receive adequate rainfall in most parts of the country ensuring that soil moisture is readily available to support plant growth. When growing crops, it is of great importance to note that as soil moisture is maintained there…
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Education versus Development in Namibia

Fritz H Dausab “Education is both a tool of social justice as well as a fundamental driver of economic development.” - Kevin Rudd Let’s face it Namibians…COVID-19 just condemned our prospects of economic development to the gutters of soon to be Zimbabwean dictatorship chronicles. In national budgets for the past 30 years, Namibia has given billions upon billions of Namibian Dollars to the education sector. Nothing bad about it…if we believe that those billions is an investment into our human capital, I guess. But as they say, the proof is in the pudding! Which means that for the past thirty…
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