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Posts by Edgar Brandt:
WINDHOEK – At one minute past midnight last night motorists started forking out 40 cents a litre more on all petroleum products, bringing the price of petrol at Walvis Bay to NS12.95 per litre, diesel 500ppm to NS13.28 per litre and diesel 50ppm to NS 13.33 per litre. While the new fuel prices are astronomical for Namibians, these figures are still below but are fast approaching the current averag WINDHOEK - The City of Windhoek (CoW) recently announced the implementation of the Sectional Title Act of 2009 that requires owners of sectional titles to submit title deeds and related documents to the city by no later than September 30, 2018. A recent advertisement by the CoW in local newspapers warned that “failure to provide the required information by the due date will result in levying the v WINDHOEK – Local economic analysts have cautioned that South Africa’s technical recession could have serious implications for Namibia’s sovereign credit ratings recovery efforts, will in all likelihood exert increased pressure on already declining disposable incomes and is expected to result in decreased Southern African Customs Union (SACU) revenue which will mean more domestic fiscal constraints Tablets, smartphones, iPods, MP3-players, USB flash drives, you name the device and people in Namibia have them. Employees or ‘end-users’, if you will, will bring their own devices to work and not hesitate to connect to company’s wi-fi or directly plug the device into the organisation’s network. This is known as BYOD or “Bring Your Own Device,” a phrase that refers to the practice of allowing empl WINDHOEK - Shiwomeho Kalla, also known as Shiwa the Baker, is on a mission to build a global legacy and a brand that will transcend her own lifetime. Although the young entrepreneur only started her craft a mere two years ago, she is making quite a name for herself in the local baking industry. But, while Shiwa’s wide range of confectionaries are drawing mouth-watering reviews from her clients, it WINDHOEK - Work has already commenced on the much-anticipated N$190 million Peugeot assembly plant in Walvis Bay and a spokesperson from the French car manufacturer has confirmed the plant should be ready by the end of 2018 when vehicles will be expected to roll off the assembly lines. WINDHOEK – The national power utility, the Namibia Power Corporation (NamPower) has responded to escalating criticism on its refreshed logo that was revealed in two advertorials early this week saying the exercise was part of the production of a new Corporate Identity (CI) Manual. New Era can reveal that NamPower paid N$235 000 for the CI Manual, which included the development and printing of ‘a n WINDHOEK – The latest trade statistics for the second quarter of this year, which were released by the Namibia Statistics Agency (NSA) on September 13, show that the country’s quarterly trade deficit dropped to its lowest level for the past couple of years, second only to the first quarter of 2016 when a deficit of N$448 million was recorded. WINDHOEK – The absence of a centralised database for Namibia’s land statistics is making it extremely difficult for government to make informed decisions on the contentious land issue. This is according to the Chairman of the Namibia Statistics Agency (NSA), Dr John Steytler, who noted during the NSA’s Land Symposium last week that the agency’s recent Land Statistics booklet will provide facts an WINDHOEK – An innovative idea by two business-minded individuals to commercialise kapana, a local delicacy of grilled meat often sold at an open market by small time business people, has sparked quite a stir on social media. WINDHOEK – With the focus of this year’s national Information and Communication Technology (ICT) Summit being youth empowerment and giving young people an opportunity to showcase their talents, a group of like-minded youngsters developed the official application (app) for this year’s event. WINDHOEK – Finance Minister, Calle Schlettwein, has dismissed critics of the Targeted Intervention Programme for Employment and Economic Growth (TIPEEG) which was implemented between 2011/12 to 2013/14. Responding to statements made by McHenry Venaani, leader of Popular Democratic Movement (PDM), Schlettwein said the N$14.7 billion TIPEEG actually had positive effects on economic growth, jobs and WINDHOEK – Chairman of the TransNamib board of directors Paul Smit yesterday said it is general knowledge that aging infrastructure is TransNamib’s biggest challenge. WINDHOEK - Entrepreneurship education is a key contributor to employment creation as it creates jobs for the youth when there are few available vacancies. This was one of the key messages on Thursday morning when Dr Becky Ndjoze-Ojo, Deputy Minister of Higher Education, Training and Innovation, addressed the opening of the 19th Annual Symposium by the Bank of Namibia. WINDHOEK – A local economic analyst, Klaus Schade, seems to have hit the nail squarely on the head with his prediction that fuel prices will continue to increase for the rest of the year. The Ministry of Mines and Energy yesterday confirmed that fuel pump prices for October, 2018, will increase with 50 cents per litre on all petroleum products at one minute past midnight on Wednesday, October 3, t WINDHOEK – The subdued domestic, regional and global economies are constantly searching for light at the end of what seems to be a never-ending tunnel and the recent decision in South Africa to decriminalise cannabis for private WINDHOEK – Meatco, the country’s premier meat processing and marketing entity, and the Meat Board of Namibia, the regulatory authority for livestock and red meat, have both appealed that proper animal disease control measures be put in place before removing the so-called northern veterinary cordon fence. WINDHOEK - The Namibia Cabin Crew Union (NCCU) yesterday staged a peaceful demonstration at the Air Namibia Head Office where they called for a Presidential Commission of Inquiry to be made into the affairs of the national airline. The demonstrators, consisting of union members and staff, wore all black to signify what they called the death of the relationship between workers and management. WINDHOEK - There is a need to recognise that markets are developed because of property rights, and without these property rights there can be no actual market. Similarly, no one would be willing to commit investment in an enterprise where property rights are not secured. WINDHOEK – The jitters felt by local businesses and investors prior to the second national land conference that took place in the capital last week seem to have faded resulting in restored and improved business and investor confidence.