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Namibia , Friday 13 December 2019

News Namibia: Namibia rushes to drill boreholes as worst drought in a century bites

Published on: Thursday 12 December 2019
Namibia rushes to drill boreholes as worst drought in a century bites
News source: https://www.businessinsider.com/namibia-rushes-to-drill-boreholes-as-worst-drought-in-a-century-bites-2019-12

WINDHOEK (Reuters) - Namibia's dam water levels have almost halved from already low levels as the worst drought in more than 100 years pushes the desert nation closer to famine.

News Namibia: What’s driving capital market developments in South Africa and Namibia?

Published on: Sunday 08 December 2019
What’s driving capital market developments in South Africa and Namibia?
News source: https://www.cityam.com/capital-market-developments-south-africa-namibia-cfa-institute/

As in Australia, where the model debuted, it is designed to foster trust among investors and spur capital formation. The Namibian Stock Exchange (NSX) has 424 listed companies – a fair achievement ...

News Namibia: Namibia Vows To Change 'Status-quo' Of White-farm Ownership

Published on: Saturday 07 December 2019
Namibia Vows To Change 'Status-quo' Of White-farm Ownership
News source: https://www.ibtimes.com/namibia-vows-change-status-quo-white-farm-ownership-2881377

Vibrant rows of neatly lined plants grow on a patch once trampled by the cattle of a large commercial farm run by a family of German descent in Namibia. From that 2,400 square-metre rectangle of sand ...

News Namibia: Namibia’s ruling party faces unexpectedly challenging vote

Published on: Sunday 01 December 2019
Namibia’s ruling party faces unexpectedly challenging vote
News source: https://www.chicagotribune.com/sns-bc-af--namibia-election-preview-20191124-story.html

Namibia's registered 1.3 million voters go to the polls Wednesday in a general election that promises to be far removed from the overwhelming victories enjoyed by former liberation movement SWAPO ...

News Namibia: With most votes counted, Namibia’s leader faces 2nd term

Published on: Saturday 30 November 2019
With most votes counted, Namibia’s leader faces 2nd term
News source: https://www.sfgate.com/news/world/article/With-most-votes-counted-Namibia-s-leader-faces-14872248.php

WINDHOEK, Namibia (AP) — With more than 85% of votes counted, Namibia’s president was set to win another term Saturday and already was thanking voters. The southern African nation’s electoral ...

News Namibia: Namibia’s president wins another term but support drops

Published on: Saturday 30 November 2019
Namibia’s president wins another term but support drops
News source: https://www.houstonchronicle.com/news/world/article/With-most-votes-counted-Namibia-s-leader-faces-14872248.php

WINDHOEK, Namibia (AP) — Namibia’s president won another term Saturday but the longtime ruling party lost its powerful two-thirds majority in its most challenging election since independence nearly 30 years ago. The southern African nation’s electoral commission said President Hage Geingob received 56% the vote while opposition challenger Dr. Panduleni Itula had 29%. Itula made history as the first independent candidate for the presidency, though he retained his ruling party membership. The results showed a sharp decrease in support for Geingob from 87% in the previous election in 2014. Public frustration has been high over corruption scandals and unemployment. “It was a tough campaign,” Geingob said. “I campaigned like hell.” Itula did not attend the announcement of the final results. The ruling SWAPO party, which has been in power since independence from South Africa in 1990, received 63% of the vote in the National Assembly race while the Popular Democratic Movement gained seats with 16%. The percentages are roughly equal to the number of seats won. SWAPO won 77 seats in the previous election. Some 1.3 million voters were registered for Wednesday’s election. Turnout was 60%. While troubles were reported with some electronic voting machines, a preliminary statement by observer missions called the election free, fair and “generally peaceful.” It said 62% of polling stations opened on time. Some Namibians expressed frustration over what they considered the slow pace of vote-counting. “The counting, accuracy and verification process leave us more confused. One would think that the reason why we opted for (electronic voting machines) is for the purposes of effectiveness and efficiency,” political analyst Ndumba Kamwanyah said. “But that really...

News Namibia: Namibia Votes In Polls Set To Test Ruling Party's Grip On Power

Published on: Tuesday 26 November 2019
Namibia Votes In Polls Set To Test Ruling Party's Grip On Power
News source: https://www.ibtimes.com/namibia-votes-polls-set-test-ruling-partys-grip-power-2874347

A SWAPO member standing as Namibia's first independent candidate, ex-dentist Panduleni Itula, 62, has garnered support among jobless young people. While Geingob is widely expected to win, his result ...

News Namibia: Namibia votes as ruling party faces unprecedented challenge

Published on: Tuesday 26 November 2019
Namibia votes as ruling party faces unprecedented challenge
News source: https://www.houstonchronicle.com/news/world/article/Namibia-votes-as-ruling-party-faces-unprecedented-14865718.php

WINDHOEK, Namibia (AP) — Polls opened Wednesday in Namibia, where the ruling party faces its biggest challenge since independence nearly three decades ago. The resource-rich southern African nation’s registered 1.3 million voters were choosing the president and National Assembly members. The ruling SWAPO has been shaken by a corruption scandal and the weakening economy. Meanwhile more than 700,000 of the country’s 2.5 million people have registered for relief during a drought that affects the region. President Hage Geingob faces a challenger from within his own party who is running as an independent. Dr. Panduleni Itula has been appealing to youth; some 46% of them are unemployed. The election includes more than 400,000 voters born since Namibia gained its independence from South Africa. Itula made a last-minute legal challenge to Namibia’s use of electronic voting machines in this election but it was rejected. The country was the first in sub-Saharan Africa to use the machines. Geingob after voting on Wednesday called elections a contest, not a war, the Namibian Broadcasting Corporation reported. An unprecedented runoff election might be needed if no presidential candidate can get over the 50%-plus-one vote threshold. In the last election, in 2014, SWAPO won 80% percent of the vote, its highest share ever, while Geingob won 87% of the presidential vote. The ruling party was shaken this month when two cabinet ministers resigned after Iceland’s biggest seafood company, Samherji, was accused of paying bribes to local politicians and officials for access to Namibia’s fishing quota, a key economic resource along with mining. Political analysts have said they do not expect the scandal to have a big impact on the vote as many people already had made up their...

News Namibia: Here's Why We're A Bit Worried About Namibia Critical Metals's (CVE:NMI) Cash Burn Situation

Published on: Tuesday 19 November 2019
Here's Why We're A Bit Worried About Namibia Critical Metals's (CVE:NMI) Cash Burn Situation
News source: https://finance.yahoo.com/news/heres-why-were-bit-worried-154522588.html

But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt. So should Namibia Critical Metals (CVE:NMI) shareholders be worried about its cash burn? For ...

News Namibia: Namibia's Former Fisheries Minister, Ex-Investec Manager Arrested on Corruption Charges

Published on: Saturday 23 November 2019
Namibia's Former Fisheries Minister, Ex-Investec Manager Arrested on Corruption Charges
News source: https://www.nytimes.com/reuters/2019/11/23/world/africa/23reuters-namibia-iceland.html

Police Inspector-General Sebastian Ndeitunga said Esau and former client manager of Investec Asset Management in Namibia, Ricardo Gustavo, have been formally charged and are expected to appear in ...

News Namibia: BOURBON - Press release: BOURBON awarded new integrated logistic contract by TOTAL in Namibia

Published on: Monday 18 November 2019
BOURBON - Press release: BOURBON awarded new integrated logistic contract by TOTAL in Namibia
News source: https://finance.yahoo.com/news/bourbon-press-release-bourbon-awarded-083000789.html

BOURBON awarded new integrated logistics contract by TOTAL in Namibia Bourbon Marine & Logistics announces today that it has been awarded by Total E&P Namibia an integrated logistics contract to ...

News Namibia: DP World and Namibia's Nara Namib sign MoU on walvis bay free economic zone for industry and logistics

Published on: Monday 11 November 2019
DP World and Namibia's Nara Namib sign MoU on walvis bay free economic zone for industry and logistics
News source: https://www.zawya.com/uae/en/press-releases/story/DP_World_and_Namibias_Nara_Namib_sign_MoU_on_walvis_bay_free_economic_zone_for_industry_and_logistics-ZAWYA20191112123819/

Dubai, UAE: Global trade enabler DP World has signed a Memorandum of Understanding (MoU), with Namibia’s Nara Namib Free Economic Industrial Zone today to develop a free economic zone for industry and ...

News Namibia: Netherlands, Namibia Secure Berths in Next Year’s World T20 in Australia

Published on: Tuesday 29 October 2019
Netherlands, Namibia Secure Berths in Next Year’s World T20 in Australia
News source: https://www.india.com/sports/netherlands-namibia-secure-berths-in-next-years-world-t20-in-australia-3824897/

Namibia cricket team, Netherlands cricket team, T20 World Cup, 2020 T20 World Cup, T20 World Cup in Australia, Namibia-Netherlands Qualify for T20 World Cup, ICC Men's T20 World Cup Qualifier 2019, Latest Cricket News

News Namibia: We studied mercury levels in Cape monkfish off Namibia’s coast

Published on: Thursday 31 October 2019
We studied mercury levels in Cape monkfish off Namibia’s coast
News source: http://theconversation.com/we-studied-mercury-levels-in-cape-monkfish-off-namibias-coast-125585

Victoria Ndinelago Erasmus is affiliated with National Marine Information and Research Centre (NatMIRC), Ministry of Fisheries and Marine Resources, Namibia and Department of Ichthyology and Fisheries ...

News Namibia: Namibia: Govt Ignored Kora Warning

Published on: Sunday 27 October 2019
Namibia: Govt Ignored Kora Warning
News source: https://allafrica.com/stories/201910280196.html

A Namibian lawyer warned the government in 2015 that the Kora music awards' draft contract - facilitated by former attorney general Sacky Shanghala's office - had several problematic loopholes and an illegal clause.

News Namibia: Telecom Namibia, Napwu reach deal on wage increase

Published on: Monday 28 October 2019
Telecom Namibia, Napwu reach deal on wage increase
News source: https://www.telecompaper.com/news/telecom-namibia-napwu-reach-deal-on-wage-increase--1313637

Telecom Namibia and the Namibia Public Workers Union (Napwu) have signed a one-year wage agreement where employees shall receive a 4 percent increment across the board, reports NewEra. Acting CEO of ...

News Namibia: Namibia: Venaani Accuses Swapo of Lies, Deceit

Published on: Sunday 27 October 2019
Namibia: Venaani Accuses Swapo of Lies, Deceit
News source: https://allafrica.com/stories/201910280139.html

Popular Democratic Movement (PDM) presidential candidate McHenry Venaani on Saturday accused Swapo of lying about the missing electronic voting machines (EVMs), and deceiving Namibians about its support base during a rally at Swakopmund.

News Namibia: Namibia economy projected to emerge from recession in 2020 : official

Published on: Thursday 24 October 2019
Namibia economy projected to emerge from recession in 2020 : official
News source: https://www.iol.co.za/business-report/international/namibia-economy-projected-to-emerge-from-recession-in-2020-official-35715850

INTERNATIONAL – Namibia's economy is projected to gradually emerge from recession in 2020 with a moderate growth rate of about 0.8 percent and about 1.3 percent by 2021, averaging 2 percent over the ...