Page 566 – News Stand

08 Sep

Namibia to be included in SanlamAllianz deal

info_e12wt4csObserver MoneyNamibia to be included in SanlamAllianz deal

Sanlam, Africa’s largest non-banking financial services provider, and Allianz, one of the world’s leading insurers and financial services providers have announced that they have received regulatory approvals for the joint venture that will create the leading Pan-African non-banking financial services company with a presence in 27 countries in Africa. The joint venture will operate as SanlamAllianz. Namibia will be included at a later stage, while South Africa is excluded from the agreement. SanlamAllianz’s ambition is to be among the top three players, in both market share and profitability, in the markets where the company will operate. The joint venture is…

08 Sep

Revised electricity model to unleash 600 megawatts

info_e12wt4csObserver MoneyRevised electricity model to unleash 600 megawatts

Chamwe Kaira The introduction of the Modified Single Buyer (MSB) model has the potential to unlock an estimated 600MW of Solar PV equivalent capacity, according to Chamwe Kaira. Under the MSB system, certain electricity consumers and Independent Power Producers (IPPs) can engage in direct transactions for supplying a portion of their electricity needs. Pinehas Mutota, the General Manager of Economic Regulation at the Electricity Control Board, revealed this development. Mutota emphasized that the MSB fosters greater competition, choice, and increased private investment, which in turn provides Namibia with the optimal opportunity to efficiently expand its local power generation. Furthermore, it…

08 Sep

Over 1.2 million face challenge to apply for credit

info_e12wt4csObserver MoneyOver 1.2 million face challenge to apply for credit

Chamwe Kaira More than 1.2 million individuals in Namibia are expected to face difficulties when seeking credit, according to TransUnion Namibia. Lara Burger, the country manager for TransUnion Namibia, commended the country for its strides in financial inclusion, revealing that approximately 360 000 Namibians eligible for credit are visible to financial institutions through credit bureaus. Nevertheless, she emphasized that an additional 1.2 million people are likely to encounter obstacles when applying for credit. These 1.2 million Namibian adults are poised to face challenges when attempting to access financial products or services that would enable their greater participation in the nation’s…

08 Sep

An exclusive interview with Merilees Govender a Rugby Player

info_e12wt4csSportsAn exclusive interview with Merilees Govender a Rugby Player

Name : Merilees GovenderDate of Birth : 4 March 1997Place of Birth : Durban, South AfricaSport : Women RugbyPosition : Scrumhalf, loose forwardClub : UNAM Women Sports is not a very easy career choice in Namibia and especially for girls and women how did it all start for you? Well, initially my first sport was cricket which I played in primary school, when I got to grade 8, I started playing rugby, netball and a little bit of soccer and volleyball. Rugby is a physical game, and its not regarded as a women sports, and in Namibia it is not…

08 Sep

Just Saying with Matts Haikali

info_e12wt4csOpinions, SportsJust Saying with Matts Haikali, Namibia football legends

As I reflect on the events of the past week, where Namibia football legends gathered to play in Rundu and Otjiwarongo, I am struck by a mixture of emotions. The nostalgia of witnessing these icons relive their youthful prowess on the very fields that once nurtured their talents is undeniable. However, this emotional journey is intertwined with a stark realization – the state of the dilapidated once-vibrant sports facilities, where they honed their skills. Am just saying the sight around some of the towns,of these deteriorated facilities serves as a testament to the neglect that has plagued them over the…

08 Sep

Brics cannot but signal a new dawn for the South

info_e12wt4csOpinionsBrics cannot but signal a new dawn for the South

Kae Matundu-Tjiparuro Against the best wishes of the Big Brothers of the capitalist order, the 15th Summit of Brics (Brazil, Russia, India, China and South Africa), has come and gone. Hailed by its constituents and proponents as having been a resounding success. And rightly so! If only for the mere fact that it took place where and when it was scheduled to, in South Africa. Against all odds. The sword of the world economic disorder, because what and how else can one describe the current economic order anything else but organised chaos masterminded by colonialists. Today’s neo-colonialists to continue their…

08 Sep

Bridging the Gap: Windhoek’s Journey to Localize the SDGs

info_e12wt4csOpinionsBridging the Gap: Windhoek’s Journey to Localize the SDGs, Sustainable Development Goals (SDGs)

Vivian !Nou-/Gawaseb In the years 2015 and 2016, the United Nations unveiled the Sustainable Development Goals (SDGs), a global agenda for a sustainable future.For Windhoek, Namibia, these goals represent a transformative vision, but the journey towards localizing them comes with a unique set of challenges. Localizing SDGs is crucial because it tailors global sustainability goals to local contexts, ensuring that communities’ unique needs and challenges are addressed effectively, ultimately driving meaningful progress towards a sustainable future at the grassroots level. Windhoek’s distinctive path towards SDG localization is marked by a scarcity of data, resistance to universally imposed goals, and the…

08 Sep

Karasburg Town Council instructedto ignore minister’s demands

info_e12wt4csNational News, UncategorisedErastus Uutoni., Karasburg Town Council instructedto ignore minister’s demands

Martin Endjala Karasburg Mayor, Maria Veldskoen and her political colleagues in the town council were allegedly instructed by their political party not to respond to a letter from Urban and Rural Development Minister, Erastus Uutoni. Last week, Uutoni penned a letter to Veldskoen, requesting her and other members of the council to reverse various decisions they took without due process and report back to him on 8 September 2023. However, a source inside the council who chose anonymity, told the Windhoek Observer that the Landless Peoples Movement-dominated council was instructed by their party not to respond to the Minister’s letter…

08 Sep

New Trans Kalahari Corridor takes asignificant step towards economic development

info_e12wt4csNational NewsNew Trans Kalahari Corridor takes asignificant step towards economic development

Niël Terblanché Namibia, Botswana, and South Africa have taken a significant step toward boosting trade and regional development with the inauguration of new offices of the Trans Kalahari Corridor Secretariat offices in Windhoek. Namibia’s Minister of Works and Transport, John Mutorwa along with his counterparts from Botswana and South Africa marked the occasion with optimism and a shared commitment to the corridor’s growth and impact on the Southern African region. The Trans Kalahari Corridor (TKC) represents a tripartite transboundary corridor management institution with a vision to foster deeper regional integration programs, including those of the Southern African Development Community (SADC),…

08 Sep

Members of uniformed forces should not gamble

info_e12wt4csMainMembers of uniformed forces should not gamble, Windhoek City Police Officers

Stefanus Nashama Police Officers, members of the Namibian Defence Force, Namibian Correctional Service and Windhoek City Police Officers have been warned to desist from entering betting facilities for the purpose of betting while in full uniform. This comes after some members of the force and members of the public, told this publication that they deemed it wrong for officers or officials to be engaging in betting while in uniform whether they are on or off duty. One police officer, who preferred anonymity, said he often sees his colleagues going to betting facilities to do their business, which according to him…