The Windhoek High Court on Thursday reserved judgement in the court application of National Housing Enterprise Property Management Manager Uazuma Kaumbi, who wants the appointment of the new Chief Executive Officer Gisbertus Mukulu postponed until his (Kaumbi’s) dispute at the Labour Commissioner is finalised.
Fitch Ratings has affirmed Namibia Power Corporation (Pty) Ltd's (NamPower) Long-Term foreign-currency Issuer Default Rating (IDR) at 'BBB-' and Short-Term IDR at 'F3'. Fitch has also affirmed NamPower's National Long-Term rating at 'AA+(zaf)' and its Short-Term rating at 'F1+(zaf)'.
Norbert Lammert, president of the Bundestag or the German parliament, said it was "regrettable, and in the context of recent debates, also a bit embarrassing" that the German legislature has yet to make a statement on the killings in Namibia, the Deutsche Welle has reported.
Germany and Namibia are in the advanced stages of talks on officially recognizing as "genocide" a colonial-era crackdown more than a century ago in which more than 65,000 ethnic Hereros were killed, the German government said Monday. It hopes to conclude them by late next year.
Gisbertus Mukulu`s appointment as National Housing Enterprises (NHE) Chief Executive Officer could be short-lived after the Labour Court ruled Friday that the challenge to his appointment by Uazuva Kaumbi, a Senior Manager for Technical Services and Property Management at the parastatal is urgent.