Page 566 – News Stand

18 Jan

N$20,000 reward offered for the capture of fugitive Rebebe

info_e12wt4csNational News000 reward offered for the capture of fugitive Rebebe, N$20

Niël Terblanché The Namibian Police have announced that Bank Windhoek is offering a reward of N$20,000 for information leading to the arrest of Nico Hijendepi Rebebe, the man who attempted to steal N$200 million from the bank’s Opuwo branch over the past weekend. Deputy Commissioner Kauna Shikwambi, head of the Namibian Police’s Public Relations Division, revealed that in the meantime, two of Rebebe’s accomplices, a 34-year-old man named Untag Kamati, and a 19-year-old girl named Fenni Megameno Ankoshi, have been arrested and charged with fraud and theft. “The two accomplices appeared in the Opuwo Magistrate’s Court on charges of theft…

18 Jan

Nghaamwa demands full payment for the alleged breach of a cattle sale agreement

info_e12wt4csNational NewsNghaamwa demands full payment for the alleged breach of a cattle sale agreement

Hertta-Maria Amutenja Former governor of the Ohangwena Region, Usko Nghaamwa, is pursuing a payment of N$143,000 from David Shivute Henghali, following an alleged breach of an oral sale agreement involving 13 heads of cattle. According to court documents filed at the Windhoek High Court, Nghaamwa claims that in September 2020, in Rundu, he agreed with Henghali to sell the cattle for a total sum of N$143,000. The agreement, as detailed in the particulars of the claim, specified that Henghali would pay the purchase price once the cattle were made available for collection. “The cattle were provided by the Plaintiff in…

18 Jan

Namcor and GALP collaborate to build capacity in Namibian petroleum industry

info_e12wt4csNational NewsNamcor and GALP collaborate to buildcapacity in Namibian petroleum industry

Niël Terblanché The National Petroleum Corporation of Namibia (Namcor) has embarked on a two-year capacity-building partnership with Portuguese oil giant, GALP Energia, with a vision to enhance the skills and competencies of future employees in both the downstream and upstream sectors of the petroleum industry. This groundbreaking agreement will facilitate the exchange of knowledge and technical expertise between the two entities, paving the way for significant advancements in Namibia’s burgeoning petroleum sector. Under the umbrella of the agreement, Namcor and GALP officials will collaboratively identify key areas of focus. For the upstream sector, their attention will be drawn to cutting-edge…

18 Jan

Koës village borehole water level is precariously low

info_e12wt4csNational NewsKoës village borehole water level is precariously low

Martin Endjala Concerns are growing as water levels in the Koës village borehole have dwindled to just 20 feet, primarily due to the prolonged absence of rainfall in the Southeastern region of the //Karas Region. Willem Labuschagne, Councilor of the Keetmanshoop Rural Constituency, voiced these concerns amid predictions of rainfall across most parts of Namibia by the Namibia Meteorology Service’s Chief Forecaster Operations, Odillo Kgobetsi. “I hope and believe it will rain soon, as the rainy season is upon us. I trust in God. In the eastern part of Koës, we have received some rain, and we now have green…

18 Jan

Mechanic accused of using GRN vehicle for personal use

info_e12wt4csNational News

Stefanus Nashama The Ministry of Health and Social Services is currently investigating allegations against a mechanic employed at Rundu Intermediate Hospital who is accused of using a government vehicle to purchase spare parts that were subsequently used to service and repair his private car. Walter Kamaya, the Spokesperson of the Ministry of Health and Social Services, confirmed these allegations yesterday. Kamaya stated that the Ministry became aware of this issue through an anonymous letter and has since established a team to conduct a thorough investigation. “The Ministry has assembled a team to investigate the case,” he said, adding that the…

18 Jan

Rapid urbanization leaves learners looking for space in schools

info_e12wt4csMain

Niël Terblanché As the new academic year got out of the starting blocks, many parents in the Khomas and Erongo regions of Namibia anxiously await news about whether their children will secure places in schools. A massive undertaking is currently in progress to create new classrooms and schools to accommodate the growing number of students in these regions. Sanet Steenkamp, the Executive Director of the Ministry of Education, Arts, and Culture, points to rapid urbanization as a primary cause of this predicament and the challenges posed by school choice. “In many cases, rural schools have plenty of space, while urbanized…

17 Jan

NAMFISA’s Gariseb to serve on International Insurance Supervisory forum

info_e12wt4csObserver Money

Martin Endjala Namibia Financial Institutions Supervisory Authority (NAMFISA) Manager for Insurance and Medical Aid Funds, Erich Gariseb, is set to serve on the International Association of Insurance Supervisors (IAIS) Risk-Based Solvency Implementation Forum. The Risk-Based Solvency Implementation Forum which aims to support Emerging Markets and Developing Economies (EMDEs) jurisdictions to advance their observance of the IAIS supervisory material and strengthen members’ supervisory frameworks, especially as they navigate the complexities of establishing risk-based solvency regimes. The Forum develops guidance for EMDE regulators on practical aspects of implementing a risk-based solvency regime and facilitates the exchange of experiences amongst regulators on the…

17 Jan

Livestock presents a challenge to the development of Opuwo

info_e12wt4csObserver MoneyLivestock presents a challenge to the development of Opuwo

Niël Terblanché Opuwo, the capital of the Kunene Region, is currently grappling with an influx of livestock within its boundaries. This phenomenon has raised concerns among the Opuwo Town Council, which has issued a stern warning to livestock owners to contain their animals within designated areas. According to Karui Rikambura, the Town Council's technical director, the livestock situation within Opuwo has become increasingly problematic, with goats, sheep, cattle, and pigs now a common sight within the town limits. “Some of these animals are even brought in from neighbouring villages, exacerbating the issue. Rikambura described the situation as both concerning and…

17 Jan

World-Class Rare Earth Element Deposit Discovered in Southern Namibia”…“Twyfelskupje Deposit Sets the Stage for Economic Growth and Environmental Leadership”

info_e12wt4csOpinionsWorld-Class Rare Earth Element Deposit Discovered in Southern Namibia”

Dr Alan G Marlow In a historic discovery that is set to redefine Namibia’s economic landscape, the unveiling of the Twyfelskupje Carbonatite Rare Earths Element Deposit within EPL 6691 promises to be a game-changer for the nation. Spanning a vast 47,970 hectares in the Sperrgebiet, this world-class Rare Earth Element (REE) deposit is poised to usher in a new era of economic growth and sustainable energy initiatives in Namibia.Under the strategic leadership of Founder and Executive Chairman Wilhelm Shali, the Shali Group is gearing up for an ambitious drilling campaign at Twyfelskupje in the Second quarter of 2024. This marks…

17 Jan

The Year of Expectations: Converting uncertainty into opportunity

info_e12wt4csOpinionsThe Year of Expectations: Converting uncertainty into opportunity

Josef Kefas Sheehama This time of year is always a welcome opportunity to reflect on what is most important. His Excellency Dr Hage G. Geingob, the President of the Republic of Namibia has declared 2024 as “The Year of Expectations”. As Namibia approaches the general elections in 2024, there is immense pressure on political leaders to tackle these economic challenges and implement policies that will deliver an inclusive and competitive economy. The economy plays an important role in presidential and national assembly elections, as voters often determine their satisfaction with the incumbent administration based on perceptions of how well the…