Savvy Banking Saves FNB Customers Money

Savvy Banking Saves FNB Customers Money

Staff writer FNB Namibia has announced that it will cut prices across a number of its banking services and fees from 1 July 2020. The bank said with the updated pricing structure, it aims to offer more value and simplicity to customers when it comes to its banking fees, and thus has changed its pricing to reflect this. “FNB also altered its fee structures to facilitate the shift from cash transactions to electronic transfers and cashless payments.We are cognisant that customers are facing financial pressure, therefore several free transactions will provide relief to many. The financial impact of COVID-19 has…
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Namibia’s long road to national reconciliation – Part 1

Oiva Angula The two past weeks, Namibia’s National Assembly has been embroiled in a dramatic, sometimes bitter, debate about national reconciliation. This is not the first such debate since independence in 1990. Namibia seems to be burdened with a lingering wound of its past with some sections of society still crying for reconciliation, social integration and national healing. The great hope of a society based on social cohesion as promised at independence appears illusive for some Namibians. As a survivor of Swapo’s Lubango prison camps, Tangeni Mureko, 49, needed no reminder of how painful it was to live; how terrible…
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Stop using Nujoma – it exposes him

National icons must not be used to prop up the speeches of politicians who have no skill at oratory and little idea of how to make a strong verbal argument. Doreen Sioka, a Swapo MP, this week used excerpts from the book written by Founding President Sam Nujoma. She was making her party's points in Parliament. By doing this, she exposed the founding leader to rebuttal. She used the great man as her shield. Subsequently, the ‘Nujoma’ shield was hit with incoming spears from an instigated opposition. People will not genuflect and capitulate when they hear the name Nujoma. The…
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NWR launches NamLeisure Corporate card

NWR launches NamLeisure Corporate card

Staff Writer Namibia Wildlife Resorts (NWR) has grown its NamLeisure offering by introducing a NamLeisure Corporate card that is aimed at giving companies a discount on their meetings, incentives, conferences and events at any of its establishments that are spread across the country. Considering the high impact that COVID-19 has had on business, NWR saw the need to introduce a product that would be able to assist companies as they map their way forward post COVID-19. “Over the years, we have been receiving requests from companies to make use of our facilities for different purposes. After holding some consultative engagements,…
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MTC launches TikTok bundles

MTC launches TikTok bundles

Staff Writer Driven by unswerving need to provide ever evolving solutions in the Namibia market, Mobile Telecommunications Limited (MTC) recently launched its customized MTC TikTok Data Bundles, available for postpaid and prepaid customers. The bundles which are exclusively for use for the TikTok Mobile Application, are available for all Prepaid and Postpaid customers, and the validity of the bundle according to the company , will only start once the customer utilizes the TikTok App. “In addition, MTC, until 23 September 2020, will offer any customer that purchased any TikTok bundle an additional 10% of data.” TikTok is a short-form video…
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Parliamentary bout – round two

…as both sides forget that democracy is not easy Democracy is hard work. This week in Parliament, Speaker Peter Katjavivi, and LPM leaders Bernadus Swartbooi and Henny Seibeb forgot this. Each resorted to dictatorship, emotion and anger. The Speaker told two elected leaders to get out of the building. The two, Seibeb and Swartbooi, engaged in a goal-less diatribe, hurling personal insults at a citizen. To what end? Did their outburst create a single job? How is the drowning Namibian economy saved by that clash? In the Speaker’s case, there was a dangerous precedent set. Arguably, there was a misuse…
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The informal sector is critical to the economy

The regulatory pursuit of informal vendors, traders, and service providers will not formalize the economy but destroy it. The informal sector is as valuable to the Namibian economy as any other commercial sector. Rather than criminalizing the informal economy, why not help it earn more income? For now, the state earns revenues in the informal sector from VAT on sales of raw materials or bulk products. Let them form their own chamber of commerce and dialogue with decision-makers about the services they need and how to pay for them. Please read the February 25, 2011 article, Support ‘meme kapanas’. In…
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MTC unveils N$101,7m sponsorships

MTC unveils N$101,7m sponsorships

Staff Writer MTC on Tuesday unveiled sponsorships totalling N$101,700,000 to 14 different beneficiaries, across 7 different sports codes which includes Soccer, Horse Racing, Boxing, Rugby, Hockey, Netball and the Youth Games over a 3 year period. In boxing, MTC chose to maintain its relationship with the MTC Nestor Sunshine and Salute Boxing Academies by giving them an N$1 million dollar per annum, an increase from N$1,750,000 to N$2,750,000. MTC Kilimanjaro Boxing received an increase of N$100,000 per annum from N$400,000 to N$500,000. In football, MTC will continue its relationship with the annual Dr Hage Geingob Cup, giving the event an…
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Passing the buck on paying for COVID

All sectors of society and the economy seem to selfishly nurse the expectation that someone else will foot their part of the pandemic bill. They don’t get it that ALL of us will feel the pain one way or another. Schools are forcing cash-strapped parents to pay full tuition and fees from March through June. And yet, there were no face-to-face courses offered during that time. Parents are demanding to not pay for classes not given. Private schools are using their usual punish-the-kids extortion tactic to force parents to comply. They don’t want to eat any of the losses involved…
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Old Mutual donates Covid19 equipment

Old Mutual donates Covid19 equipment

Andrew Kathindi As COVID-19 cases continue to rise in the country at an alarming rate, last week, Old Mutual handed over devices to the Ministry of Health and Social Services worth over N$900 000. In a bid to continue supporting the fight against COVID-19, Old Mutual donated 35 Dell laptops and 37 Samsung tablets procured at a total cost of N$ 998 030.46 to capacitate the Ministry’s surveillance system capability based on the identified and prioritised needs at national, regional and district level during and after COVID-19. “These laptops are each installed with Office Home software, Antivirus, a mouse and…
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