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KHORIXAS - The head of technical services of the Khorixas Town Council, Ralla /Gowaseb, has called on residents to use water sparingly as the water levels in the reservoir dams are low. WINDHOEK - FNB Namibia has released the housing index based on figures obtained from June 2018. According to FNB analyst Josephat Nambashu, although house prices increased by 0.8 percent y/y in June, property prices remain under pressure, after a series of annual falls over the last nine months, to bring the average house price to just over N$1.2 million. “The continued drop in the economy and the WINDHOEK - The Roads Authority’s (RA) Board of Directors has confirmed the re-appointment of Conrad Mutonga Lutombi as the authority’s chief executive officer for a second term. The re-appointment, which is effective from October 1, 2018, for a 5-year period, was announced in a statement by RA Board Chairperson Brian Katjaerua. Two of Hyundai’s top-selling models in southern Africa, the Tucson and Creta sports utility vehicles (SUVs), are now available locally with fresh new design features and new gearboxes and a few derivative changes for the Tucson range. Hyundai’s Tucson, which has been a top-contender in its market segment since the launch of the first generation in 2009, has been given a new front and rear appeara WINDHOEK - In-form Brave Warriors attacking midfielder Deon Hotto has called on the public to come out in large number on Saturday and fill up the Sam Nujoma Stadium when the Brave Warriors take on the Chipolopolos of Zambia for their 2019 Africa Cup of Nations (AFCON) Group K qualifier. WINDHOEK – The Council of Traditional Leaders has denounced what it termed the “violent and systemic targeting, crimilisation, intimidation, torture and killing of women in Namibia”. NGOMA - Retired Brigadier-General Fredrick Siluzungila whose last call of duty was as military advisor at the UN headquarters in York, USA recently donated soccer balls, netballs, uniforms and laptops worth over N$20 000 to Ngoma Primary and Isuswa Junior Primary School in Zambezi Region. WINDHOEK – Following yesterday’s 40 cents per litre fuel increase for petrol and diesel, a local economist has cautioned motorists to brace for further increases. According to Klaus Schade, a Research Associate at the Economic Association of Namibia, more pressure can be expected on local fuel prices mainly due to the continued depreciation of the Namibian Dollar coupled with global oil supply unc WINDHOEK - Rotary Club Windhoek in conjunction with Cycling Club Windhoek Pedal Power as technical partner for the road bike and mountain bike cycling races, Quinton Steele-Botes, WHS Athletics Club, takes care of the runs, walks and T-Rex Training Tribe the Kiddies Classic. WINDHOEK - The Alliance of Churches and Ministries in Namibia (ACM) has called for the reintroduction of Bible studies, alternatively religious education, in schools as they say this would help reduce moral decay. WINDHOEK - FirstRand Namibia, previously FNB Namibia Holdings, says it produced a sound set of results for the year ended 30 June 2018, particularly because financial services entities, and especially banks’ earnings, are inextricably linked to the health of an economy which is currently facing challenging conditions. WINDHOEK - The Board of the Development Bank of Namibia has extended the tenure of CEO Martin Inkumbi for another five years. Inkumbi was initially appointed as CEO in 2013 following a period as Acting CEO in the wake of the departure of founding CEO David Nujoma. WINDHOEK – Namibia breaking her self-imposed public debt cap of 36 percent to reach the current 43.3 percent was necessary to help stimulate economic growth and create jobs in the country, President Hage Geingob said yesterday. WINDHOEK – Traditional authorities believe if a company they co-own, Hompa Investments, is fully supported, their financial dependence on government would significantly decline while job prospects in rural areas would increase. WINDHOEK - The Popular Democratic Movement Youth League (PDMYL) has noted with grieve concern the increasing graduate unemployment rate. According to the PDM Youth League spokesperson, Maximalliant Katjimune, it is now much more difficult for a university graduate to find employment than at any time in the country’s history. WINDHOEK - Turbulent times and economic hardships are at the forefront of discussions in both the private and public sectors. It is indeed a fact that the economic welfare of many Namibian households worsens as debt increases resulting in less buying power and a weaker savings rate. Namibians’ household debt is reported to be well over N$54 billion. Household debt is the combined debt of all peop WINDHOEK - Ohorongo Cement inaugurated a 5MW PV Solar Plant last Friday in the Otjozondjupa Region which Minister of Mines and Energy, Tom Alweendo, called a significant milestone in private sector participation, and encouraged other investors and developers to follow the example set by the project. WINDHOEK - The Meat Board of Namibia (MBN) has been tasked by the sheep export industry to revisit the sheep marketing scheme and make the necessary recommendations. WINDHOEK – The Production Cost Index of the Namibia Agricultural Union (NAU), which determines the price paid by producers for a basket of inputs used on the farm, currently puts the annual agri-inflation rate at 2.40% for the third quarter of the year. WINDHOEK – Illegal settlement continues unchecked and as much the unlawful erection of new fences without the relevant government authorities taking responsibility for addressing these transgressions, maintains the Nyae Nyae Development Foundation of Namibia in a media release.