Month In Review insight_Hage_poverty

Published on November 19th, 2015 | by admin


Month In Review -October 2015

• A fina l investment decision on the Ku du gas -to -po wer pro ject is expecte d in mi d-2016, according to the new head of Namcor, Immanuel Mulunga.
• The Internationa l Finance Corporation , part of the World Bank, announced an N$920 million loan to Bank Windhoek.
• First Nationa l Bank opened its new head office, which cost N$568 million to construct, in Windhoek.
• O&L Leisure , a subsidiary of the Ohlthaver & List Group, opened its long-awaited Strand Hotel at Swakopmund.
• Eban k, the newest bank on the Namibian market, recorded a loss of N$15 million in the financial year ended March 31.
• Businessman Kno wledge Katti reportedly offered to sell the town of Kombat to government for N$160 million after he received the mining settlement for a ‘nominal sum’ from Canadian company Kombat Copper.
• Cabinet set Tota l Allowab le Catc hes (TACs) for 2015/2016 of 140,000 metric tonnes for hake, 335,000 metric tonnes for horse mackerel, 3,446 metric tonnes for crab and 250 metric tonnes for rock lobster.
• Reign Investments is looking for new investors so that it can re-open the closed Laurelton-Reign cutting and polishing factory. New York-based Tiffany & Co’s Laurelton Diamonds pulled their backing for the factory in August over unfavourable investment conditions.
• The Roa ds Aut hority awarded China Longjian Investment a tender to build a seven-kilometre road in the Omaheke region after three Namibian contractors failed to construct it.• Telecom Namibia accuse d its competitors of inter fering wit h its TN Mobi le 2G and 3G services, which have been
experiencing connectivity problems. MTC denied it was disrupting TN Mobile Services.
• The provisiona l liqui dators of ban krupt mining company Purity Manganese received permission from the High Court to borrow N$3 million to meet the company’s monthly expenses for maintaining its mine north-east of Okahandja.
• The Deve lopment Ban k of Namibia said it would stop supporting SMEs and introduce a requirement than any loan recipient has an annual turnover of at least N$10 million.
• The SME Ban k was accused of flouting banking laws by not publishing audited reports in its first three years of existence.
• Environmenta l Commissioner Teo filus Nghiti la blocked plans by Rössing Uranium to build a N$200 million water desalination plant at the coast after the agriculture ministry objected to the plans.
• The Namibia Airports Company said Ondangwa Airport would be closed from December 20 2015 to January 29 2016 for repairs to the runway.


• President Hage Geingob announced a number of antipoverty measures at a national conference on the issue – including a new solidarity tax and replacing student loans with grants.
• President Geingob pledged 20 percent of his salary to set up a scholarship fund for impoverished children in an effort to alleviate poverty.
• Finance Minister Calle Schlettwein said government would have to introduce budget cuts in areas that will not affect service delivery in response to liquidity problems and a lack of foreign reserves.

• The Ministry of Education confirmed that 12 percent of schools do not have toilets forcing pupils and teachers to relieve themselves in the bush.
• Civil servants were given salary increases of between 3 and 6 percent backdated to September 1 this year, government announced.
• Health workers in the north of Namibia, including administrative officers, cooks, cleaners, hostel matrons and others, went on strike to demand bush allowances and a 12 percent salary increase from April this year.
• A new union, Metal, Mining, Maritime and Construction (MMMC), led about 1,000 fisheries workers into a strike over general
working conditions. The unions that have traditionally represented fisheries employees condemned the strike.
• The National Assembly passed the Local Authorities Amendment Bill that bans foreigners from buying prop erty and limits the right of Namibians to purchase in urban areas.
• President Hage Geingob signed performance agreements with his cabinet ministers. The contents of the agreements will be made public at a later stage.
• 26 out of 121 constituencies in Namibia will not be contested in this year’s regional council elections, while five out of 57 local authority areas will also not be contested. As the only party standing Swapo, automatically wins in these areas. The elections will take place on November 27.
• At a Swapo election rally Justice Minister Albert Kawana called opposition parties mosquitoes and frogs that only become active just before elections.
• So uth African senior counsel Vincent Maleka will represent Job Amupanda, Dimbulukeni Nauyoma, George Kambala and Elijah Ngurare as the four youth activists seek to have their expulsions from Swapo overturned. The court case is set down for February 2016.
• Fo rmer National Co uncillor Samuel ‘Samp ie’ Cloete died at the age of 72 after suffering a heart attack.
• President Hage Geingob underwent a corrective operation on his right eye in which the old lens was removed and replaced with a new one.
• Fo rmer President Hifikepunye Poh amba donated over N$1.4 million to the Okanghudi Combined School in the Ohangwena region to construct two dormitories for 100 boys and girls.
• Namibia came fifth in the Ibrahim Index of African Governance – up one place from 2014 – with high scores in the majority of governance components.
• Health permanent secretary Andrew Ndishishi was switched to a post in the Office of the Prime Minister for unexplained reasons.
• MPs in the National Assembly were told they must declare their assets before the end of November.


• A teacher, Ananias Kamati, who was accused of murdering sisters – Jacqueline Kuaseua (18) and Cecilia Kambuu Kuaseua (30) in Khomasdal – died after drinking battery acid following the crime.
• A teacher, Patrick Geingob, was arrested for serially raping a 13-year-old girl at the People’s Primary School in Katutura.
• The Namibia Wild Horse Foundation started to provide nutritional supplements to Namibia’s famous
wild horses of the Namib desert. The animals were reported to be suffering due to the drought.
• The International Federation of Red Cross and Red Crescent Societies said it needed N$13.4m to support 11,500 Namibians who are suffering due to drought conditions.
• Orlando Haraseb, who works as a guide for Ultimate Safaris in Namibia, won a silver award at the Wanderlust Travel World Guide Awards in London.

• Former Brave Warriors defender Franklin April collapsed and died from an asthma attack aged 31.
• N amibia gained its first ever point in a rugb y world cup when the Welwitschias lost 17-16 to Georgia in Exeter in the United Kingdom. In its remaining match Namibia lost 64-19 to Argentina.
• Special Olympics athlete Ruben Gowaseb and International Boxing Organisation super bantamweight champion Paulus ‘The Rock’ Ambunda were named Sports Achievers of the Year. Equestrian Michelle Kunzle was the Sportswoman of the Year.



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