Ebson Uanguta – Windhoek Observer

29 Apr

Namcor Chevron deal sparks worry

ObserverMainChevron Namibia Exploration Limited (CNEL), Ebson Uanguta, Stephanus Pombili

Martin Endjala and Ester Mbathera Political analyst, Stephanus Pombili has cautioned the Namibian government against doing business with United States-based oil giant, Chevron. This comes after Namcor signed a farm-out agreement with Chevron Namibia Exploration Limited (CNEL), a subsidiary of Chevron Global Energy Inc. on Monday. “It is very dangerous to involve our trade with the warmongering USA. Since 2012, the US Navy has been visiting Namibia’s ports. In recent years, the USS Hersel Woody Williams arrived in Namibia in 2021 and returned in 2022. By 2020, the United States injected US$300 million into constructing their embassy,” he said He…

11 Jan

Uanguta appointed as new NAMCOR Acting Managing Director

ObserverNational NewsEbson Uanguta, Uanguta appointed as new NAMCOR Acting Managing Director

Erasmus Shalihaxwe The National Petroleum Corporation of Namibia (NAMCOR) Board of Directors have announced the appointment of Ebson Uanguta, to serve as the new Acting Managing Director. Uanguta is currently serving as the Deputy Governor of the Bank of Namibia, and his appointment at NAMCOR will be effective from 11 January 2024 and will be for a period of six months. Uanguta is set to replace Shiwana Ndeunyema who has been serving in that capacity since the suspension of NAMCOR Managing Director Immanuel Mulunga last year. The board said Uanguta, is a graduate of the University of Addis Ababa with…

26 Jul

Namibia needs a fit-for-purpose public service

ObserverNational NewsBank of Namibia’s Deputy Governor, Ebson Uanguta, Namibia needs a fit-for-purpose public service

Martin Endjala For Namibia to capitalize on economic opportunities, it will need a fit-for-purpose public service or else economic development can be severely hampered by the absence of an able and capable public service. Ebson Uanguta, the Bank of Namibia’s Deputy Governor during the celebration of the 2023 Africa Public Service Day in Katima Mulilo said: “My plea to all of us here today is to do everything necessary to ensure that poor quality public services are not the reason why we look back 30 years from today and regret that Namibia did not sufficiently capitalise on these once-in-a-lifetime economic…

07 Oct

New technology forcing BoN to adapt – Uanguta

ObserverNational News, Observer Money4IR, Ebson Uanguta, Fintech, New technology forcing BoN to adapt - Uanguta

Martin Endjala Deputy Governor of the Bank of Namibia Ebson Uanguta said the emergence of new technology particularly in the space of online banking business modalities, has forced the central bank to adapt to the new technology by aligning its regulatory frameworks to speak to the needs of the new 4IR. The BoN deputy governor was speaking today at Start-Up Namibia and Fintech innovative hub session in Windhoek. Uanguta said that the innovative technologies are changing lives, by improving their living standards and alleviating poverty as well as addressing the economical inequalities within the global sphere. He further stated that…

18 Jun

BoN cuts Repo rate to 4%

ObserverUncategorisedDeputy Governor, e Bank of Namibia (BoN), Ebson Uanguta

Staff Writer The Bank of Namibia (BoN) Monetary Policy Committee (MPC) has cut the Repo rate from 4.25 percent to 4 percent, a move which translates to a cumulative 2.50 percentage point reduction since the beginning of the year. “This decision was taken following a review of global, regional and domestic economic and financial developments. The MPC is of the view that at this level the rate is appropriate to continue supporting domestic economic activity while at the same time safeguarding the one-to-one link between the Namibia Dollar and the South African Rand,” Deputy Governor of the Bank of Namibia,…