Bothma upbeat ahead of rugby Nations Cup

Namibia is confident of winning the World Rugby’s Nations Cup despite some tough opposition, optimistic captain Renaldo Bothma said this week ahead of the team’s appearance at the rugby tournament in Montevideo, Uruguay, this weekend.

Welwitschias ready to upset the apple cart

Namibia senior rugby team coach, Phil Davies, is confident that his team can win the World Rugby Nations Cup tournament that starts this Saturday, 10 June in Uruguay.

Cash squeeze could derail NDP5

An economic analyst has expressed doubt that Government would be able to raise the N$164,2 billion needed to implement the fifth National Development Plan (NDP5), which was launched by President Hage Geingob this week.

Drop in donor funding threatens conservancies

Pressure from international animal charity organisations to ban trophy hunting in Namibia and a reduction in donor funding are among major challenges threatening the existence of conservancies in the country.

De Beers has ‘never short-changed’ Namibia

In May last year, the government and De Beers signed a new 10-year sales agreement for the sorting, valuing and sales of Namdeb Holdings’ diamonds. The sales agreement is the longest ever signed between the two partners.

Riled up over the little things

The whole time change thing has caught the attention of many in Namibia and I suppose that is a good thing. But, my goodness, with the walls crumbling down around us on so many bread-and-butter, life-and-death issues, why in the world are we wasting so much energy on time change?

The land problem in black and white

When we talk about corruption, the land issue and mismanagement problems in Namibia, these accusations are always focused on black people in political office, local Government or businesses. We reject this limited scope. Failure to fully identify a problem means failure to come up with viable solutions.

SA’s downgrade puts pressure on Namibia

The cost of servicing Namibia’s foreign debt has jumped from N$875 million to N$916 million over the past 10 days as the weakening of the local currency pegged to the rand continues to be felt following the downgrade of South Africa to junk status by international ratings agencies. The country’s exchange rate has weakened from N$/US$13,09 during the budget speech in February to N$/US$ 13,70.

The right to choose

Lately, the issue of abortion is being openly and reasonably debated in Namibia. The recent horrifying statistic of over 7,335 abortions recorded at hospitals countrywide between 1 January and 31 December last year, provoked this reaction. What a sad note on which to start an important national debate.

Namibia in recession – analysts

Local economists say that Namibia has been in recession since the third quarter of last year, as confirmed by the release of the 2016 preliminary national accounts this week, which show that the domestic economy recorded a marginal growth of 0,2 percent last year, compared to 6,1 percent in 2015. The statistics released by the Namibia Statistics Agency (NSA), showed that the drop in growth was led by a 10,4 percent contraction in secondary industries and a -2,4 percent growth in primary industries, which implied that the recession intensified over the last quarter of 2016.

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WINDHOEK OBSERVER

The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

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