Windhoek Observer

The Motor Vehicle Accident (MVA) Fund has managed to reduce its medical expenses on road crash victims from over N$200 million in 2017/18 to N$158 million during the 2018/19 financial year, Chief Executive Officer Rosalia Martins-Hausiku has said.

NHE waiting list now at 94k

The National Housing Enterprise has revealed that its national housing waiting list currently stands at 94,999 as at June, a figure which could take decades before it is met, with the company targeting to complete only 440 houses this year.

Ondangwa protest vote weighs heavy

With all due respect to the talent and good character of Angelina Immanuel, we see the more than 1,400 votes garnered in her name in the June 15th Ondangwa Urban Constituency by elections as a protest vote representative of a SWAPO vs SWAPO outcry that demonstrates continued discontent within the party.  We believe her participation in the election is a watershed event and she is to be congratulated for her efforts.  However, the votes won under her name were likely not due specifically to her leadership or personal support base. 

Standard Bank increases support to hospitality sector

Standard Bank has for the 15th year running committed itself to the growth of the local tourism and hospitality sector by sponsoring the two-day Hospitality Association of Namibia (HAN) Tourism Congress and Tourism Awards Gala which will take place from the 20th to the 21st of June.

BAN warns of latest scam

The Bankers Association of Namibia (BAN) has warned the public of a new scam where fraudsters use a new technique to scam clients out of their money.

Sakaria Nghikembua appointed MMI chair

Agribank CEO, Sakaria Nghikembua has been appointed the new Chairperson of MMI Holdings Namibia with effect from 11 June 2019.

CoW plans to increase parking fees

The City of Windhoek is in the process of implementing a new parking system in the central business district and its parking lots, with drivers expected to pay more to be able to secure parking.

Fuel sales slump impacts MVA Fund revenues

Motor Vehicle Accident Fund of Namibia (MVA Fund) says the decline in fuel sales, due to depressed consumer spending as a result of the depressed economic conditions in the country has impacted on its income.

Strikes will yield dust

The various unions threatening strike actions if they aren’t given salary hikes need to have a dose of cold, wet financial reality thrown in their faces. 

GIPF invests in improved efficiency

The Government Institutions Pension Fund (GIPF) says it has embarked on Business Process Improvement (BPI) project, which aims to improve efficiency in its operations.
Page 11 of 56

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.

Contact Us

Windhoek Observer House
c/o John Meinert & Rossini Street
Windhoek West
Namibia
Tel: +264 61 411 800
Fax: +264 61 226 098
www.observer.com.na