Combining beauty with the love for endangered wildlife is all in a day’s work for the radiant Miss Namibia Selma Kamanya, who was recently invited by VARTA Namibia to visit the Rare & Endangered Species Trust (REST) - a sanctuary just outside of Outjo.
National
Slowdown in housing prices brings inflation down slightly
WINDHOEK - The Namibia Statistics Agency’s (NSA’s) latest Consumer Price Index and inflation rate estimates for the month of October 2018 indicate that the annual inflation rate slowed to 5.1 percent compared to 5.2 percent recorded in October 2017, registering a decrease of 0.1 percentage points. Based on October 2018 price movements, the monthly inflation rate stood at 0.4 percent compared to 0.8 percent registered a month earlier.
Otavi Steel plant signs with Nedbank for N$2.7 billion project
WINDHOEK - Nedbank Namibia Corporate and Investment Banking (CIB) and Noric Otavi Steel Processing (Pty) Ltd this week signed an agreement for Nedbank to act as the lead arranger for the Otavi Steel Manufacturing Plant project in Otavi. According to the agreement, Nedbank will assist with the financial structuring of the project and facilitate the raising of both quasi-equity and debt capital for the N$2.7 billion project.
Mungunda bags IPM MD of the Year
WINDHOEK - Vetumbuavi Mungunda, the Managing Director of Standard Bank Namibia, was awarded with the Institute of People Management’s MD of the Year Award at its recently concluded IPM Excellence Gala Dinner Awards. The glamorous event took place at Hilton Hotel in front of a packed audience on Tuesday.
Whither to indigenisation in Namibia
“The economic order of Namibia shall be based on the principles of a mixed economy with the objective of securing economic growth, prosperity and a life of human dignity for all Namibians,” reads article 98 of the Namibian Constitution on the Principles of Economic Order.
The purpose of the Church in society
Where is the church when millions of people choose to seek a way out of their conditions? Is there something that the church can offer to this problem? The problem of suicide in Namibia is spreading fast as statistics now show that there were 452 recorded suicidal deaths in 2017, and 131 suicidal deaths recorded between April and July 2018. This means that on average there is one suicidal death committed every day in Namibia, making it the fourth highest rated country in Africa for suicide (NSA)
Dependency on state tenders has economic growth consequences
The Namibian government and its established entities have for far too long played a very significant role towards the economic financial stability of the country. This is through its procurement of goods and services from providers but has unfortunately in the process created a deep dependency syndrome, which going forward will be very difficult to cure.
The “devil-face” of Christianity and Roman-Dutch law on Olufuko
With the ongoing onslaught about the legal validity and the moral standing of Olufoko first and foremost as a customary practice, need serious public dialogue as well as sufficient intellectual clarity specifically to feed those who are inclined to believe that Africa is a haven of foreign legal systems and a place where religious doctrines are used as competent lens of human morality. Like other customs in the diversity of African
Who watches the watchdog?
The Windhoek Observer of Friday 05 October 2018 carried a front page report on the estate of revered struggle icon the Late Andimba Ya Toivo. The gist of the article was the distribution of the Late Veterans assets but took a rather awkward twist towards the end in mentioning that “politically connected individuals have managed to amass fortunes based on political patronage at the expense of ordinary Namibians”.
Respect others to be respected
Namibia has a democratic constitution which guarantees the rights of its citizens as well as other people.