Windhoek Observer

German rules out financial reparations

Outgoing German Ambassador to Namibia, Christian-Matthias Schlaga, has ruled out financial reparations to the descendants of Herero and Nama people who were killed between 1904 and 1908.

Venaani takes swipe at ‘arrogant’ Geingob

Popular Democratic Movement (PDM) leader, McHenry Venaani, has taken aim at President Hage Geingob’s conduct, saying he is displaying traits of “arrogance”, does not observe basic etiquette and communicates in a language that is “unbecoming”. 

SA companies in laying off spree

Parmalat SA has joined the growing list of companies embarking on restructuring that could leave hundreds of its workers in the distribution section of the company jobless.

EU drives Meatco revenues

International markets — the Norwegian, UK and European Union markets — showed their dominant contribution to Meatco’s bottom line, with the three accounting for 74.68 per cent of the meat processors total revenue, representing nearly three-quarters of Meatco’s overall income, the company’s latest annual shows.

KfW still keen on funding desalination plant

German state-owned development bank, KfW says it is still keen to provide funding towards the construction of a desalination plant at the coast should the results of on-going feasibility study recommend its construction.

Germany to advance loans in local currency

Germany has revealed that it will start advancing loans to Namibia in the local currency, a shift from its previous position, where loans were advanced in foreign currency.

The soldiers go on Sunday

There is no doubt that Namibian Defence Force (NDF) soldiers killing and assaulting unarmed civilians is unacceptable and such cases must be handled in the courts according to the relevant laws. 

FNB Namibia, through the FirstRand Namibia Foundation Trust has supported the Sikunga Fish Protection project in Zambezi with a total amount of N$775,000 to curb illegal fishing, over a three-year period. 

The Government Institutions Pension Fund (GIPF) has announced the appointment of Selby Sibeya, as the new Chief Executive Officer of Kuleni Fund Administrators (Pty) Ltd, a wholly owned subsidiary of the GIPF as of 01 June 2019. 

Letshego Namibia down plays group turbulence

Namibia Stock Exchange-listed Letshego Namibia has down played the impact of  the on-going turbulence at its Botswana based holding company, Letshego Group, which has led to the exodus of five top executives in the past year, including the group managing director, group financial officer and a CEO who only spent six months on the job.  Letshego Namibia says that the exodus has no material impact on the company.

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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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