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Author: Guest Contributor

New management to make TransNamib railway profitable – board

TransNamib board of directors chairperson Paul Smit recently said that running TransNamib unprofitably and contrary to well-established business principles cannot continue, and has to change starting with the appointment of an a new CEO. The board has made special resolutions to implement its business plan with immediate effect, and appoint a new CEO as soon as possible, while other new senior executives will also be appointed in the near future. The national rail operator recently received six new locomotives from the Brazilian offshoot of US firm GE at a cost of N$360 million, plus 90 tanker wagons for N$132...

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A logistics short course really gets your career moving

By Logan Fransman, Namibian-German Centre for Logistics (NGCL Study hard, get a degree and enter the job market. Climb the corporate ladder or start for yourself and see your salary grow and your prospects improve. That is the theory, the dream, the blueprint which has been imprinted into Namibians. Sadly it isn’t so easy, so linear or so definite. Also, a lot of knowledge needs to be picked up along the way, knowledge they didn’t give you as part of your initial degree. This all sounds rather challenging and as if you don’t really have a chance. But, how...

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African Trade Policy Centre Backs Economic Corridor Development

In an increasingly globalised market, WBCG’s efforts to connect to regional and global players are increasingly proving to be critical to fully exploit trade opportunities and potential partnerships. Promoting the improvement of the corridors to further push economic growth, the Walvis Bay Corridor Group (WBCG) has partnered with the African Trade Policy Centre (ATPC) to drive the Africa Corridor Management Alliance (ACMA). As David Luke, coordinator of ATPC, drew attention to the historic role of the United Nations Economic Commission for Africa (UNECA) in helping to create specialised institutions to enhance economic integration on the continent, he noted that...

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Property is a good investment but make sure you can afford it

By Caroline Orange* – Given the current economic uncertainty and the budget speech delivered in parliament regarding the need to optimize spend, you might find yourself asking the question, is investing in property still viable. The housing market has seen exponential growth over the past few years and as of late many anticipated the property bubble to burst. While property sales as a whole has slowed down and many sellers are taking longer to sell their properties, there is the age old saying that every home has an owner. It is most definitely a buyers’ market and this is...

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Investing in Difficult Times # 2

By Coen Welsh – In my previous article I explored some behaviours that may impact the net effect of your investment and could potentially influence the overall value of your investments/savings when al is said and done. To summarise the points I made in the previous article. 1.) There is a difference in the total investment value that our investments could achieve and what we end up getting. This is called the behaviour gap and is described as the counter productive activities we engage in that cause our investments to flounder. 2.) Delayed gratification and impulse control. The second...

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Meat Board introduces new standard values

The meat board introduced standard values for the collection of levies during the 2017/2108 financial year. The announcement follows a Government Notice states that the Meat Board must annually determine standard values for the payment of levies by producers and exporters. These values are used to determine the value of live stock during export, hand-to-hand and C-class abattoir slaughter transactions as these transactions cannot be audited. These values are statistically calculated from live stock transactions which took place during the 2016 calendar year. The standard values for the financial year 1 April 2017 to 31 March 2018 will be as follows: Item: Cattle – (any transaction), Standard Value: 4243 Item: Cattle – (for slaughter), Standard Value: 7081 Item: Goat (any transaction), Standard Value: 818 Item: Sheep (any transaction), Standard Value:828 Item: Pork (any transaction), Standard Value:1579 Standard values are only used when live stock transactions cannot be verified. Relevant transaction value counts...

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Project on migration, environment and climate change launched

Xinhua — The Ministry of Environment and Tourism in partnership with the International Organization for Migration (IOM) this week launched a Project on Migration, Environment and Climate Change: Evidence for policy in Southern Africa and the Indian Ocean in Windhoek. The project, according to Head of Office at IOM in Namibia Lilian Ambuso, aims to increase knowledge and awareness about the relationship between migration and environmental change, including climate change, to inform the formulation of related national and regional policy and operational planning. “The project will see national governments and operational partners from participating countries to have increased their capacity to streamline environmental change, including climate change into migration management policies,” she said. The project is being carried out in four countries, namely, Madagascar, Mauritius, Mozambique and Namibia. “These four are some of the most climate-affected countries in the world, with increasingly significant impacts on population movement,” said Ambuso. Also speaking at the launch, FAO Representative Babagana Ahmadu said that the launch of the project is timely and represent a milestone in addressing climatic challenges, as the data will serve in providing evidence-based solutions as it will translate into the development of a SADC policy guiding regional document on migration, environment and climate change. Meanwhile, Peter Muteyauli, Director of Environmental Affairs in the Ministry of Environment and Tourism said that through the project Namibia is set to gain a...

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Golf Psychology Improve your game from your inbox – Letting go of bad shots

By Coen Welsh – The 2017 Valspar Championship saw Adam Hadwin win despite hitting his tee shot into the water on the 16th hole. That errant tee shot caused his lead to disappear. Cruz told him to forget about it. Hadwin and his caddy Joe Cruz was very vocal (by golfing standards) all week long and at that point Hadwin said: “You’re right. I can’t be mad.” Hitting a bad shot is inevitable in a round of golf. If the best can do it, so can you. In previous articles I have covered this topic extensively as it is...

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