Page 697 – Windhoek Observer

03 Nov

An Exclusive Interview with Alexander Lafika Itumba a soccer Coach

Sports

Name : Alexander Lafika ItumbaDate of Birth : 05 Dec 1981Place of Birth : Epyaliwa-Oshikulufitu. OmbalantuCareer Organization: Ministry of EducationPosition : TeacherClub : A-Class Soccer Academy/Ogongo United FC/Africa Motto FCPosition : Coach Your personal journey in sports, particularly soccer, is a heartwarming testament to the power of family support and inspiration. It’s clear that your family played a pivotal role in nurturing your passion for the game. Can you share how your love for sports started?My involvement in sports started my primary school, in fact at Oneeya Combined School in Ogongo in the Omusati region. This is the place where…

03 Nov

Geingob commends AU for championing the 1 Million Next Level Initiative

National NewsGeingob commends AU for championing the 1 Million Next Level Initiative

Niël Terblanché President Hage Geingob extended his well wishes to the youth of Africa while extending his hope for their confidence in a brighter future for all as Namibia joined the rest of the continent in celebrating Africa Youth Day 2023. The occasion on Wednesday not only celebrated the vitality of Africa’s youth but also placed a significant spotlight on the future of education in the continent. In his statement, Geingob indicated that African Union Heads of State and Government have declared 2024 as the “Year of Education in Africa,” with the theme “Educate an African fit for the 21st…

03 Nov

Rising crime poses a significant threat to Namibians’ well-being

National NewsRising crime poses a significant threat to Namibians’ well-being

Stefanus Nashama Hidipo Hamata, a Member of Parliament from the Popular Democratic Movement (PDM), has voiced serious concerns about the alarming surge in criminal activities in Namibia, emphasizing the significant threat it poses to the safety and well-being of citizens. Hamata made these remarks while contributing to a motion tabled in Parliament this week, which addressed the issue of rising criminality in the country. The Parliamentarian highlighted the escalating crime rates, which not only jeopardize the social fabric of communities but also instil fear in the hearts of many Namibians. He called upon his fellow Parliamentarians to urgently address the…

03 Nov

NSA urges everyone to ensure they are counted in the final round

National NewsNSA urges everyone to ensure they are counted in the final round

Stefanus Nashama With regard to the completion of Census 2023, the Namibia Statistics Agency (NSA) has issued an appeal to the Namibian populace to account for individuals who were not counted on the reference night of September 24, 2023. Statistician-General Alex Shimuafeni announced yesterday that the official enumeration of individuals will conclude on Sunday, November 5, 2023, and emphasized the importance of ensuring that everyone is counted. “I would like to extend a call to all those who were in Namibia on the night of September 24, 2023, which served as the Census Reference Night but have not been enumerated,…

03 Nov

Entrepreneurship and Innovation celebrated at K2G NextGen Showcase

National NewsEntrepreneurship and Innovation celebrated at K2G NextGen Showcase

Niël Terblanché Neville Andre, the Governor of the Erongo Region stressed the importance of entrepreneurship and innovation as key drivers of economic growth and development while officially inaugurating the K2G NextGen showcase in Swakopmund Andre said that the significance of events like the K2G NextGen showcase is inspiring and empowering the next generation of business leaders. “It is events like these that inspire and empower the next generation of entrepreneurs to realize their full potential,” he said. The K2G NextGen showcase is designed to recognize and honour young entrepreneurs who have demonstrated the courage to dream big, take calculated risks,…

03 Nov

Coastal fraudster under investigation

National News

Niël Terblanché A former employee of the Fisheries Observer Agency in Walvis Bay is facing charges of theft, fraud, money laundering and forgery. According to the incident report provided by the Public Relations Division of the Namibian Police, the suspect, while employed at the state-owned company, allegedly unlawfully and intentionally manipulated creditors’ bank accounts by replacing them with the details of a personal account. The suspect then proceeded to transfer a total of N$316,767.74 into a personal account through electronic fund transfers. The report states that the suspect used the stolen money for personal gain. The alleged fraud occurred between…

03 Nov

Mid-term budget allocation hailedas a trailblazer for economic growth

National NewsMid-term budget allocation hailedas a trailblazer for economic growth

Martin Endjala The recent mid-term budget allocation of N$326.1 million to Small and Medium Enterprises (SMEs) is hailed as a trailblazer to economic growth in the country, with an emphasis that access to finance has been identified as a key element for SMEs to succeed in their drive to build productive capacity, to compete, to create jobs and contribute to poverty alleviation. These were the sentiments shared by Economist and Independent Bank Researched Josef Sheehama on the SME injection, a move which he and other experts have been calling for. “Without finance, SMEs cannot acquire or absorb new technologies nor…

03 Nov

PostFin boosted by N$406m fund from KfW

National NewsPostFin boosted by N$406m fund from KfW

Martin Endjala PostFin, the microlending arm and a subsidiary of Namibia Post Limited (NamPost) was recently boosted with a N$406 million loan following the signing of an agreement with Germany’s KfW Development Bank. PostFin will use these funds to provide micro-loans to micro- and small-sized enterprises and households predominantly in rural and remote areas. PostFin was created as a conduit for NamPost to better serve Namibians by providing access to affordable financial services throughout the country. NamPost’s Chief Executive Officer, Festus Hangula, lauded KfW for the longstanding beneficial relationship between the two institutions and German Development Cooperation, which lasted for…

03 Nov

N$3.4 Billion secured for improvement of railway

Main

Niël Terblanché The African Development Bank (AfDB) has granted Namibia a significant boost with the approval of a N$3.5 billion loan to fund the second phase of the Transport Infrastructure Improvement Project (TIIP). The loan, representing 51.8 percent of the project’s total cost, aims to enhance Namibia’s transportation infrastructure and connectivity. According to an official statement released by Leila Mokaddem, Director General for Southern Africa at the AfDB, the Namibian government will provide the remaining 48.2 percent of the project’s funding. The TIIP’s second phase is an ambitious endeavour that involves the construction of 207 kilometres of new rail tracks,…

03 Nov

NWR on positive financial trajectory

Observer Money

The Namibia Wildlife Resorts (NWR) this week declared itself debt-free, saying it was successfully settled all outstanding long-term and statutory debts, some of which date back to the company’s inception. NWR said it has paid up all statutory debts, including back taxes owed to the Namibia Revenue Agency. The total debt was N$93 million. Observer Money this week asked NWR Managing Director, Matthias Ngwangwama about being debt free, becoming profitable and paying dividends to the government. Ngwangwama said he is happy that the company has been able to pay off our long-term and statutory debts only two years after the…