4 months ago

New Era Newspaper Monday December 4, 2017

  • Text
  • Namibia
  • December
  • Windhoek
  • Procurement
  • Namibian
  • African
  • Kuli
  • Gangster
  • Geingob
  • Chairperson

New Era Newspaper Monday December 4,

Vol. 23 No. 068 Windhoek Namibia Monday, November 4 2017 Inside Today Swapo elects new politburo President Hage Geingob has urged the newly elected members of Swapo’s politburo, who will serve for the next five years, to carefully study and familiarise themselves with the oath they took when they were sworn into their new roles over the weekend. Page 3 Vedanta invests N,7 billion more in Namibian mining operations Vedanta, a major zinc producer, is making a fresh US0 million (about N,7 billion) investment in its Namibian operations, as it plots a strategy to make the plant a regional hub for refining the metal, according to Vedanta Zinc International CE Deshnee Naidoo. Page 9 Zim shareholders turn to Supreme Court to stop SME Bank liquidation Roland Routh Windhoek The minority shareholders in the Small and Medium Enterprises Bank (SME Bank) have instructed their lawyer, Sisa Namandje, to appeal the order of High Court Judge Hannelie Prinsloo to place the SME Bank under a final winding up order. Namandje confirmed the instructions and said the notice of appeal was ready and he was Yuletide… Windhoek Mayor Muesee Kazapua (left in Father Christmas costume) and the junior mayor of Windhoek, Michael Petrus (right with Father Christmas beards), on Friday evening switched on the Christmas lights at a special party held at Zoo Park in the city centre. The lights in Windhoek’s main street of Independence Avenue are switched on in December every year to mark the beginning of the Christmas festive season. More effort needed to eradicate stigma and discrimination – Geingob WINDHOEK In spite of Namibia’s successes in terms of its response to HIV/Aids, much still needs to be done to eradicate stigmatisation and discrimination, President Hage Geingob has said. “I urge all Namibians to discourage the practice of stigmatisation, rumour mongering and gossip regarding the HIV/Aids status of fellow Namibians,” Geingob said in his message released to the media on Friday, World AIDS Day. He encouraged all Namibians to get tested regularly and to adhere to the Abstinence, Be faithful, Condoms (ABC) principles in order to ensure reducing the rate of new infections and ultimately defeat the scourge of HIV/Aids. “Let us also support those who are struggling with HIV/ Aids by providing them with a caring, compassionate and loving environment in order to encourage GEINGOB on page 2 only waiting for the reasons of the judgment to be delivered before he launches the appeal before the Supreme Court. The Namibian government owns 65 percent of SME Bank, while the Metropolitan Bank of Zimbabwe and Photo: Emmency Nuukala President Hage Geingob World Eagle Properties, both from Zimbabwe, are minority shareholders holding 30 and 5 percent respectively. The Namibian government has been supportive of the move by the Bank of Namibia that the bank be liquidated. Kavango East farmers refuse terms of new lease agreements John Muyamba Rundu SME BANK on page 2 About 32 farmers in Kavango East Region have refused to sign new lease agreements with Ministry of Land Reform, because of the new terms and conditions contained in the new agreements. The Land Reform Ministry says the new agreements, which gives farmers a 99-year lease on communal land, would allow farmers to benefit from the donor funded boreholes that would be drilled on the farms. However, the farmers say the new lease agreements take away the rights of family members and relatives to inherit the farms in case the leaseholder dies. The old lease agreements had offered such provisions for family members to take over the farm when the leaseholder dies. KAVANGO on page 2 TRACK YOUR 2018 Application status at: 061 206 3111 |

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