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Author: Musa Carter

Silvester inspects Namibian artifacts in German museums

The curator of Namibian artifacts at the Linden Museum in Stuttgart wore a face mask to protect the items from degradation when she displayed them to Dr Jeremy Silvester of the Museums Association of Namibia during a recent academic trip to three German museums. Dr Silvester visited the Linden Museum in Stuttgart, the German History Museum in Berlin and the German Ethographic Museum, also in Berlin. His 10-day visit in April followed an invitation from the German Federal Foreign Office. The three German museums house extensive collections of artifacts from Namibia. The programme was organized by the Goethe Institute...

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Most recent drilling results at Tumas 3 point to significant uranium mineralisation

Deep Yellow Limited recently announced encouraging results from the 10,000 metre drilling programme currently underway on EPL3496, held by its wholly-owned subsidiary Reptile Uranium Namibia. Uranium explorer Deep Yellow is listed on the Namibian Stock Exchange. In a Stock Exchange News Service announcement this week, Deep Yellow said that the ongoing drilling of the Tumas 3 target zone has delineated additional uranium mineralisation, significantly extending the discovery since it was initially reported in April. “Of the 144 vertical holes drilled for 3611m to 15 May 2017, 128 of these holes returned positive results – a very significant 88.9% success...

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Winter to come with 8% hike in bulk electricity rate

For power utility NamPower to cover its allowed operating costs, cover part of the under recovery of 2015/2016 and also fulfil its financial obligations, the electricity regulator this week announced that it has approved NamPower’s submission for an 8 % bulk tariff increase, effective 01 July. Chief Executive of the Electricity Control Board, Foibe Namene said the increase translates to an effective bulk tariff increase from N$1.49 to N$1.61 per kiloWatt hour. Namene said in accordance with the existing legal provisions, NamPower made an application for the tariff review. “In its application NamPower requested for an effective bulk tariff...

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Legal, disciplinary and reputational risks that stem from social media abuse

A media law expert from Johannesburg, Emma Sadleir, last week told a Windhoek audience posting incriminating information and images on any social media platform, is akin to posting the same on a public billboard. “Initially, I would tell people that if they would not put a certain message on a massive billboard with their picture and all information, then don’t put it online. But now it has changed. Still, if you won’t put it on a billboard, do not put it on your digital device,” Sadleir cautioned during her opening remarks. Sadleir did a presentation on the implications of...

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Inequality forces Namibia to low human development level on HDI

The President, H.E. Dr Hage Geingob launched war on poverty and currently the country has effected one of the fastest reductions in poverty rates on the continent but despite those efforts, the country still faces some of the highest levels of inequality in Africa and globally. This statement was made earlier this week by the United Nations Resident Coordinator and UNDP representative in Namibia, Kiki Gbeho at the official launch of the Global Human Development Report 2016. According to Gbeho, Namibia is considered a medium human development country with a Human Development Index (HDI) value of 0.640 and ranks...

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Volvo now riding solo in Namibia

The relationship between famous Swedish brand Volvo and Novel Motors Company Windhoek, is over. The Managing Director of Volvo Cars South Africa confirmed the safety marque and the local dealer have parted ways. This week, in response to questions by the Economist, Volvo Cars South Africa (VCSA) Managing Director, Greg Maruszewski explained the move made by the motor company, while he also unpacked what their customers are to expect of the new developments. Fuel heads and fanatics of the Swedish vehicle brand often would go to Novel Motors to access their top of the range vehicles, but Volvo now...

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Stanlib roadshow spells out how weak both SA and Namibia are

“When your business sector loses confidence – something important happens – they stop investing. They have not stopped making a profit but are not putting more money into their businesses which means the economy stops growing” a Stanlib economist told Namibian investors earlier this week. During the annual Stanlib roadshow in Windhoek and Swakopmund, Stanlib South Africa’s Chief Economist, Kevin Lings said Namibia is in a technical recession as some sectors have been disappointing, such as construction which has been influenced by cancelled government projects as well as the water crises. Namibian consumers are also under pressure following two...

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A brickmaker in every village – PPP vision from the cement trade

The concept Public Private Partnership gained new meaning this week when the Minister of Poverty Eradication and Social Welfare, Hon Bishop Zephaniah Kameeta launched a unique brickmaking project in Tsumeb. Two private sector companies, Ohorongo Cement and Built It in Tsumeb, with the ministry as patron, on Monday launched the Ohorongo Build It Brickmaking Academy to train new brickmakers to a level where their product can be retailed through existing hardware supply channels. Both active partners described the project as supporting the Harambee Prosperity Plan. Before the academy’s official launch, it has already trained its first group of prospective...

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