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New Era Newspaper - 05/06/2017 - Vol22 No207

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New Era Newspaper - 05/06/2017 - Vol22

Vol. 22 No. 207 Windhoek, Namibia Monday, June 5 2017 Inside Today Presidents heap praise on slain ex-Omusati governor President Hage Geingob led tributes to founding governor of Omusati Nangolo Mukwiilongo, who died after he was brutally assaulted by a gang of four young men at his village, Elim. Page 3 Economic Progression: Part 1 The Fifth National Development Plan (NDP5), which was launched by President Hage Geingob last week is geared towards achieving the objectives and aspirations of Namibia’s long term plan for industrialisation, Vision 2030. In sequence, NDP5 implementation vehicle towards Vision 2030 and will be implemented from the Page 9 Paralympian stars present medals to State House It has been ten months since Namibian paralympian athletes Ananias Shikongo and Johannes Nambala brought back medals from the Rio Paralympic Games in Brazil last August. Page 24 Unam SRC president granted bail Joseph Kalimbwe Kuzeeko Tjitemisa Windhoek The country’s biggest trade union federation, the National Union of Namibian Workers (NUNW), last week said the blame for the ongoing crisis at SME Bank, which faces possible closure, should be placed squarely on foreign expatriates at the institution. The federation’s secretary general, Job Muniaro, said the NUNW fully supports the proposal by Finance Minister Calle Schlettwein to close the bank, which Maria Amakali Windhoek Joseph Kalimbwe, the suspended leader of the Student Representative Council (SRC) of the University of Namibia (Unam) was on Friday after the university had instituted criminal charges against him. is owned jointly by the Namibian government and private investors from Zimbabwe. SME Bank made headlines earlier this year when it emerged that it had invested - rather recklessly it appears - about N0 million with little known institutions in South Africa. press last week saying the money is “likely lost”. The Bank of Namibia has already disempowered the SME Bank board of directors and removed three bank executives, including the CEO. Muniaro last week urged the Kalimbwe, 24, made his guarded Windhoek Magistrate’s Court on Friday on charges of fraud, forgery and uttering a forged instrument. He was arrested on May charges against him following allegations that he was amongst those that were instigating a group of students NUNW blames expats for SME Bank debacle to attempt a forced entry into the campus cafeteria, The The students allegedly wanted to make use of the cafeteria for study purposes, as all other facilities were said to be full to capacity. Subsequently, Kalimbwe and two other students were furnished with expulsion letters ordering them to Photo: Contributed Hotbed of controversy… The National Union of Namibian Workers has blamed expatriates employed at the SME Bank for the alleged mismanagement of the bank’s funds. his mooted plan to close down the bank, which was originally meant to provide support to emerging small and medium entrepreneurs. “Close SME Bank Comrade Calle, we support you on that idea,” Muniaro said. “Namibians have a habit of trusting foreigners with our country’s affairs and this has always been giving us bad results. Look at the our country financially weak. Terminate all contracts of foreign engineers, let them go back to their countries,” Muniaro charged. SME on page 2 leave the premises of Unam. According to the prosecution, Kalimbwe - a Zambian national - had forged his proof of registration for Unam, some time between February 20 and May 29. With regard to the fraud charge, the prosecution Lack of resources could derail NDP5 – Alweendo Nuusita Ashipala Eenhana UNAM on page 2 Minister of Economic Planning and Director-General of the National Planning Commission Tom Alweendo is human resources could hinder the successful implementation of the Fifth National Development Plan (NDP5). President Hage Geingob last week launched the NDP5 at State House. It development, to which government has Alweendo was, however, quick to assure his audience that government had a “careful” monitoring process in place to ensure the NDP5 is successfully implemented. Eenhana Expo gala dinner over the raised towards the hosting of the Expo, Alweendo called for inclusive participation in the government’s plans, including the much-vaunted Vision 2030, and called on the government, business community, civil society and ALWEENDO on page 2 2018 MATURE AGE ENTRY Now Online Applications open 01 June - 07 July 2017: Manual application is still available (application fee still applicable). New Era Newspaper @NewEraNewspaper #NewEraNewspaper appclassifieds/discover

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