Page 624 – News Stand

03 Aug

Local markets linked to external markets – Matundu

info_e12wt4csNational NewsJenelly Matundu, Local markets linked to external markets - Matundu

Stefanus Nashama Deputy International Relations Minister, Jenelly Matundu says the ministry is working relentlessly to advertise Namibia to international markets by exposing the country’s prospective commercial prospects to the world. According to Matundu, the ministry is also considering removing trade berries, tariff reductions, and the elimination of non-tariff berries, which will provide Namibia with greater access to new market production. She stated that the government, through the Ministry of International Relations and Cooperation, has allotted funds to all 14 regions to fund missions abroad, with Ohangwena specifically designated for missions in France and Cuba, but not exclusively. She also stated…

03 Aug

Kashuupulwa promoted to Commissioner

info_e12wt4csNational News

Niël Terblanché Namibian Police (NamPol) Head Operations Division in the Oshana region, Ottilie Kashuupulwa has been promoted to the position of Commissioner. Kashuupulwa was also named as the new Regional Commander of the Ohangwena region. NamPol Inspector General, Joseph Shikongo promoted Kashuupulwa from Deputy Commissioner to Commissioner an elevation that took effect on August 1. Commissioner Kashuupulwa took over for Commissioner Elizabeth Sibolile, whose service as an active public servant expired on July 31, when she reached retirement age. According to NamPol’s Public Relations Division’s Deputy Commissioner, Kauna Shikwambi, Commissioner Kashuupulwa began her policing career on November 6, 1990. Her…

03 Aug

Aging infrastructure, staff shortages hampering Zambezi healthcare delivery… National Council’s meeting reveals urgent upgrades needed

info_e12wt4csMainAging infrastructure, staff shortages hampering Zambezi healthcare delivery… National Council’s meeting reveals urgent upgrades needed

Hertta-Maria Amutenja Hospital and clinics in the Zambezi region are struggling to deliver adequate health services to residents due to outdated facilities, staff shortages, and limited funding, the National Council’s Standing Committee on Health, Social Welfare, and Labour Affairs has been told. The dilapidated state of healthcare facilities in the Zambezi region was brought to the fore when National Council Committee member met regional Health Ministry representatives yesterday to review the state of health facilities and the problems they face in providing quality healthcare. “Katima Mulilo District Hospital, the Zambezi region’s only hospital, is suffering from a lack of critical…

02 Aug

Old Mutual Foundation launches Chair and Desk initiative

info_e12wt4csObserver MoneyN$500 000 Chair and Desk (C&D) Initiative for Namibian, Old Mutual Foundation launches Chair and Desk initiative

Staff Reporter The Old Mutual Foundation (OMF) has launched the N$500 000 Chair and Desk (C&D) Initiative for Namibian Government Schools and has called on local entrepreneurs to aid in the project The project was developed to meet the critical need for useable chairs and tables in Namibia's 14 regions' public schools. Since 2012, the Old Mutual Foundation has been a prominent sponsor in the education sector, and this new program builds on previous efforts. The C&D Initiative intends to offer new chairs and desks to schools in desperate need, as well as repair any fixable damaged chairs and desks.…

02 Aug

Namibia suffers over N$1 billion trade deficit

info_e12wt4csFeatured, Observer Moneydeficit of N$1.4 billion, N$10.1 billion, Namibia suffers over N$1 billion trade deficit, National Statistics Agency (NSA)

Hertta-Maria Amutenja Namibia suffered a trade deficit of N$1.4 billion in June after importing goods worth N$10.1 billion while only managing to export goods valued at N$8.7 billion. This was revealed by National Statistics Agency (NSA) Statistician General and Chief Executive Officer, Alex Shimuafeni.According to Shimuafeni, Namibia’s export earnings in June decreased by 5.9 percent from N$9.2 billion to N$8.7 billion recorded last month. "The country's trade balance stood at a deficit of N$1.4 billion in June, compared to a trade deficit of N$2.8 billion and N$129 million in May 2023 and June2022, respectively," he said. He went on to…

02 Aug

Discovering Nedbank’s Solar financing options for homeowners

info_e12wt4csObserver MoneyDiscovering Nedbank's Solar financing options for homeowners, Nedbank's Solar Financing Solution, Von Wielligh

Staff Writter AS the world shifts to renewable energy in the wake of climate change and escalating living costs, solar power is emerging as a sustainable, cost-effective solution. In Namibia, solar power is more than an environmental initiative—it's an investment in a financially viable future, particularly for homeowners. The initial investment in solar power, however, can be daunting. A typical residential solar system in Windhoek can range from N$20 000 to N$100 000; a cost that often discourages homeowners. Fortunately, Nedbank's Solar Financing Solution for Home Loans has provided a pathway to renewable energy that addresses these financial constraints. Acting…

02 Aug

Capricorn Group CIO awarded Southern African financial technology honour

info_e12wt4csObserver MoneyCapricorn Group CIO awarded Southern African financial technology honour, Dr Etienne Slabbert

Staff Writer CAPRICORN Group Chief Information Officer (CIO), Dr Etienne Slabbert has been named 2023 CIO of the Year for his exceptional leadership, visionary mindset, and relentless pursuit of excellence in the financial technology realm of Southern Africa. The prize was presented at the 19th edition of the Finnovex Southern Africa 2023 Awards, which took place on July 25 in Johannesburg, South Africa. Finnovex generates thought leadership on cutting-edge issues and solutions, while also recognising individuals and businesses that are reshaping the financial ecosystem and continuously displaying excellent performance. The CIO of the Year 2023 award is based on Dr.…

02 Aug

Namibia a major priority for Shell & Total

info_e12wt4csMainNamibia a major priority for Shell & Total, Patrick Pouyanné, Wael Sawan

TotalEnergies Chief Executive Officer (CEO), Patrick Pouyanné says Namibia is a priority for the company as appraisal drilling on the Venus Find are showing positive results and expectations are that the oil column is very big. According to Pouyanné the company aims to start flow testing offshore Namibia in August and will have results from the first test in September. “This is very important as well as productivity per well. If it’s 15 000 barrels per day, its fine, if it’s fine, it’s not fine,” he said. Namibia is considered the world’s top exploration hotspot, as discoveries by Shell —…

02 Aug

UK Govt to financially aid deported Namibians

info_e12wt4csNational NewsAmbassador Penda Naanda, Charles Moore, UK Govt to financially aid deported Namibians

Niël Terblanché Namibians in the United Kingdom (UK) who do not have legal immigration status will be assisted financially by the British government to voluntarily return home. This was revealed by the International Relations Ministry Executive Director, Ambassador Penda Naanda, who stated that the British government’s Home Office had offered individual Namibians more than N$68 000 as a reintegration package, as well as the cost of their return flight. “We have been engaging the British government on this matter for some time now, and the Home Office’s Voluntary Return Service made the offer that will now allow some people who…

02 Aug

Meatco optimistic about generating profits

info_e12wt4csNational NewsMeatco optimistic about generating profits, Undamuje Hambira

Niël Terblanché While stakeholders in Namibia’s beef production sector seek long-term solutions to low prices in the industry, the Meat Corporation of Namibia (MeatCo) has declared that it may still be able to generate profits. Meatco Corporate Communications Officer, Undamuje Hambira stated that higher cattle numbers handled by the state-owned enterprise’s Windhoek Abattoir could signal a big turnaround in the corporation’s profitability. “Meatco believes that if this trend continues, it will result in a consolidated recovery year for the fiscal year running from January 2023 to February 2024. The company performed well in May and June, generating approximately N$107 million…