Category: Business

WINDHOEK: Bank of Namibia (BoN) Governor, Johannes !Gawaxab embarked on a diplomatic visit to foster enhanced collaboration and cooperation with central banks in Botswana, Zimbabwe and Ghana in March 2024.

This was stated in a media statement issued by Naufiku Hamunime from BoN’s Strategic Communications and International Relations department on Wednesday.

‘He went on a diplomatic visit to strengthen ties with regional central banks. He visited the Bank of Ghana, the Reserve Bank of Zimbabwe, and the Bank of Botswana and engaged in discussions that highlighted areas of interest, which include financial inclusion, digital innovation and sovereign wealth management. The visit served as a platform for sharing insights and best practices, to foster deeper ties among the participating institutions,’ noted Hamunime.

Furthermore, BoN expressed enthusiasm for exploring new avenues for cooperation and innovation which highlighted areas which include leveraging Ghana’s successful digital currency called eCedit, le
arning from the establishment of Ghana’s Central Securities Depository, and exchanging insights on sustainable banking principles.

‘!Gawaxab, emphasised the importance and strength of the partnerships forged, expressing confidence in advancing shared objectives and driving positive change,’ noted Hamunime.

Source: The Namibia Press Agency

WINDHOEK: Bank of Namibia (BoN) Governor, Johannes !Gawaxab embarked on a diplomatic visit to foster enhanced collaboration and cooperation with central banks in Botswana, Zimbabwe and Ghana in March 2024.

This was stated in a media statement issued by Naufiku Hamunime from BoN’s Strategic Communications and International Relations department on Wednesday.

‘He went on a diplomatic visit to strengthen ties with regional central banks. He visited the Bank of Ghana, the Reserve Bank of Zimbabwe, and the Bank of Botswana and engaged in discussions that highlighted areas of interest, which include financial inclusion, digital innovation and sovereign wealth management. The visit served as a platform for sharing insights and best practices, to foster deeper ties among the participating institutions,’ noted Hamunime.

Furthermore, BoN expressed enthusiasm for exploring new avenues for cooperation and innovation which highlighted areas which include leveraging Ghana’s successful digital currency called eCedit, le
arning from the establishment of Ghana’s Central Securities Depository, and exchanging insights on sustainable banking principles.

‘!Gawaxab, emphasised the importance and strength of the partnerships forged, expressing confidence in advancing shared objectives and driving positive change,’ noted Hamunime.

Source: The Namibia Press Agency

The councillor for the Nehale lyaMpingana Constituency in the Oshikoto Region, Joseph Shilongo said that his community suffers a lot in acquiring basic services such as health services and police patrols due to no roads.

Shilongo said in an interview with Nampa on Wednesday that they only have pathways that were created by the community members as the means of roads in the constituency area.

‘We receive complaints every time about the poor road in the area that damages people’s vehicles or our cars getting stuck in the sandy soil because it hinders us from receiving services on time,’ said Shilongo.

He said that one of the major issues they want resolved in the area is the construction of roads and access to water.

‘We want our paths to be constructed into proper roads so that it can connect us to our basic needs and services,’ said Shilongo.

He added that they only have boreholes that contain salty water as their means of water supply in the constituency, but they consider the lack of roads as their num
ber one priority.

Shilongo said that they only have four clinics in the area with a number of outreach services that come in the area sporadically because of the poor roads in the area.

‘Our people suffer sometimes to acquire their medication on time because these health outreach services are always delayed due to the poor roads,’ he said.

He however emphasised that the government has planned to construct a few roads in the area when they receive funds to do so in the future.

The Director of Health and Social Services in the Oshikoto Region, Joshua Nghipangelwa also explained to Nampa that most of their vehicles are out of service due to poor roads in the region especially those that are in the Nehale lyaMpingana Constituency.

According to the 2023 Census preliminary results, the population of Nehale lyaMpingana is 17 317.

Source: The Namibia Press Agency

The councillor for the Nehale lyaMpingana Constituency in the Oshikoto Region, Joseph Shilongo said that his community suffers a lot in acquiring basic services such as health services and police patrols due to no roads.

Shilongo said in an interview with Nampa on Wednesday that they only have pathways that were created by the community members as the means of roads in the constituency area.

‘We receive complaints every time about the poor road in the area that damages people’s vehicles or our cars getting stuck in the sandy soil because it hinders us from receiving services on time,’ said Shilongo.

He said that one of the major issues they want resolved in the area is the construction of roads and access to water.

‘We want our paths to be constructed into proper roads so that it can connect us to our basic needs and services,’ said Shilongo.

He added that they only have boreholes that contain salty water as their means of water supply in the constituency, but they consider the lack of roads as their num
ber one priority.

Shilongo said that they only have four clinics in the area with a number of outreach services that come in the area sporadically because of the poor roads in the area.

‘Our people suffer sometimes to acquire their medication on time because these health outreach services are always delayed due to the poor roads,’ he said.

He however emphasised that the government has planned to construct a few roads in the area when they receive funds to do so in the future.

The Director of Health and Social Services in the Oshikoto Region, Joshua Nghipangelwa also explained to Nampa that most of their vehicles are out of service due to poor roads in the region especially those that are in the Nehale lyaMpingana Constituency.

According to the 2023 Census preliminary results, the population of Nehale lyaMpingana is 17 317.

Source: The Namibia Press Agency

The Walvis Bay Council has resolved to terminate a contract entered into with Redforce Debt Collectors, who were enlisted by the administration to collect debtors owed to the municipality.

This comes after a motion was submitted by Councillor Ephraim Shozi during a special council meeting held on Tuesday evening, seeking to bring peace, direction and hope for a resolution to the table amidst mounting urgency.

Shozi, supported by four other councillors, highlighted several key points, including the absence of approval or resolution by the members of council regarding the awarding of the contract to Redforce Debt Management CC.

‘A presentation on debt collection was made to the council by Redforce Debt Management on 08 March 2022 and after their presentation, the councilors met and confirmed that we are not in support of implementing the project.

However, the administration went ahead without the blessing of council to advertise the bid for debt collection services,’ Shozi alleged.

He added that the contra
ct was awarded to Redforce for a period of five years, which will force council to make budget allocations for the next five years, while there were no public consultations on the matter, although it has major financial implications for the ratepayers of the town.

Shozi stressed that ratepayers were only informed through media notices about the appointment of Redforce after the contract was signed.

‘We have a Credit Control policy in place which contains details and procedures to be followed for accounts in arrears, but the administration simply ignored implementing the policy, or they failed to advise the council to make improvements in the policy if it was necessary to do so.

What is also disturbing is the fact that Redforce is also performing functions that staff members of the council are appointed to do. The council are paying the staff members monthly salaries while the functions are being performed by Redforce. How fair is this practice to the ratepayers?’ he questioned.

Shozi’s motion therefore co
ncluded with a proposal for immediate action, urging council members to take decisive steps to address the issues at hand and uphold the principles of good governance and accountability.

Residents of Walvis Bay last year owed the municipality N.dollars 384 million.

Source: The Namibia Press Agency

The Walvis Bay Council has resolved to terminate a contract entered into with Redforce Debt Collectors, who were enlisted by the administration to collect debtors owed to the municipality.

This comes after a motion was submitted by Councillor Ephraim Shozi during a special council meeting held on Tuesday evening, seeking to bring peace, direction and hope for a resolution to the table amidst mounting urgency.

Shozi, supported by four other councillors, highlighted several key points, including the absence of approval or resolution by the members of council regarding the awarding of the contract to Redforce Debt Management CC.

‘A presentation on debt collection was made to the council by Redforce Debt Management on 08 March 2022 and after their presentation, the councilors met and confirmed that we are not in support of implementing the project.

However, the administration went ahead without the blessing of council to advertise the bid for debt collection services,’ Shozi alleged.

He added that the contra
ct was awarded to Redforce for a period of five years, which will force council to make budget allocations for the next five years, while there were no public consultations on the matter, although it has major financial implications for the ratepayers of the town.

Shozi stressed that ratepayers were only informed through media notices about the appointment of Redforce after the contract was signed.

‘We have a Credit Control policy in place which contains details and procedures to be followed for accounts in arrears, but the administration simply ignored implementing the policy, or they failed to advise the council to make improvements in the policy if it was necessary to do so.

What is also disturbing is the fact that Redforce is also performing functions that staff members of the council are appointed to do. The council are paying the staff members monthly salaries while the functions are being performed by Redforce. How fair is this practice to the ratepayers?’ he questioned.

Shozi’s motion therefore co
ncluded with a proposal for immediate action, urging council members to take decisive steps to address the issues at hand and uphold the principles of good governance and accountability.

Residents of Walvis Bay last year owed the municipality N.dollars 384 million.

Source: The Namibia Press Agency

The Namibia Special Risks Insurance Association on Tuesday donated farming equipment for the establishment of a greenhouse at farm Nuwehoop worth N.dollars 50 000 to the Office of the Omaheke Region Governor.

NASRIA Executive for Marketing, Communications and Sales, Ndapona Schleberger during the handover at Nuwehoop said the donation is instrumental in creating a sustainable solution that will impact the lives of many people in Omaheke.

She added that the initiative holds promise of not only addressing malnutrition but also paving the way for food sufficiency in the region. She indicated that the association recognises the importance of corporate social responsibility and the role they play in contributing to the wellbeing of the communities in which they operate.

‘It is our firm belief that by investing in initiatives such as the greenhouse project, we can foster positive change and empower communities to thrive. I am filled with hope and optimism as we embark on this journey towards establishing the gre
enhouse at farm Nuwehoop,’ said Schleberger.

Omaheke Governor Pijoo Nganate during the acceptance speech said it is a dream come true and urged more corporate companies to join in making sure that malnutrition is totally eliminated in the region and the whole country.

‘No child in this region or in this country must ever go hungry to bed, let alone dying of hunger. We believe that very soon we will invite you (NASRIA) to come and see what we did with your donation, we are optimistic and we are planting a seed,’ Nganate said.

He also said his office is busy soliciting other means to ensure that young who will be working on this project are well trained and ready to execute their task as soon as possible, citing that they are going to conduct an exposure visit to local successful farmers too.

Source: The Namibia Press Agency