front congress 24 aprilSwapo party Secretary General (SG) Nangolo Mbumba has quashed speculation that the party is preparing for an extraordinary congress to elect Hage Geingob as official party president. In an interview on Thursday, Mbumba stressed that following President Hifikepunye Pohamba’s decision to step down and the subsequent appointment of Geingob to succeed him, Geingob now occupied the position of fully-fledged Swapo party president.

front swapo 17 aprilSwapo party President Hifikepunye Pohamba has continued to show confidence in President Hage Geingob. His apparent decision to step down as Swapo party president appears to confirm this, and is clear evidence of the consistency he has shown from the point he selected Geingob as his successor in 2012. 

front TransNamib 17 aprilTransNamib management has entered into an agreement with a shelf company to lease ten locomotives without complying with the company’s purchasing policy. Documents in the Windhoek Observer’s possession show that management at the railway parastatal approached the company’s board on 09 March 2015 seeking a mandate to initiate negotiations with several suppliers for a full maintenance lease of locomotives after receiving unsolicited proposals from four companies.

front hage 10 aprilAppointment of Governors

Article 1(1) of the Namibian Constitution establishes this dear Republic of ours as a sovereign, secular, democratic and unitary State, with the President of the Republic as Head of State, and the executive powers of the State vest with the President and Cabinet.

front Theo 10 aprilTelecom Namibia acting Managing Director Theo Klein has confirmed that parent company Namibia Post and Telecom Holdings (NPTH) will inject a N$400 million bailout into the company.

front hage 10 aprilRecent political appointments and shifts within Swapo party Government structures have created a vacuum in various regions that currently function without a Governor. Speculation was rife this week that President Hage Geingob was preparing to announce his appointments of Governors early next week.

front pieter 02 aprilTuesday this week marked the end of the 180 days management and the board of directors at TransNamib gave themselves to implement their turnaround strategy. The strategy now appears to have come apart at the seams as it is riddled with controversy. The railway parastatal has tried to paint a rosy picture of its attempts to salvage the company from bankruptcy.

front calle 02 aprilAnalysts have welcomed the 2015/16 national budget that was tabled in parliament on Tuesday by the new finance minister Calle Schlettwein. “Generally speaking, at first glance it looks like a very reasonable budget,” IJG Securities’s chief research analyst Rowland Brown said this week.

front namsov 27 marchFishing giant Namsov has once again taken the ministry of fisheries and marine resources to court over the allocation of fishing quotas for the 2014/15 fishing season. It appears the company remains bitter following its empty court victory late last year.

front samland 27 marchFounding President Sam Nujoma has condemned the illegal land grabbing threats by Affirmative Repositioning members saying that their actions are meant to destabilize the newly appointed government. Nujoma expressed his disgust in a statement released on Thursday.

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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