2 weeks ago

New Era Newspaper Monday March 5, 2018

  • Text
  • Namibia
  • Windhoek
  • Ministry
  • Namibian
  • Dairy
  • Regional
  • Kuli
  • Equity
  • Procurement
  • Prices

New Era Newspaper Monday March 5,

Vol. 23 No. 125 Windhoek, Namibia Monday, March 5 2018 #FeesMustFall’ movement concerns NSFAF Kuzeeko Tjitemisa Windhoek Namibia Students Financial Assistance Fund (NSFAF) CEO Inside Today Hilya Nghiwete says the fund is greatly concerned about the impact of the #FeesMustFall movement in South Africa. #FeesMustFall is a studentled protest movement that began in mid-October 2015, started by the University of Witwatersrand SRC of 2015 led by Shaeera Kalla in response to an increase in tuition fees at South African universities. Nghiwete says with 60 percent of students studying outside Namibia being based in South Africa, this concern is important, and calls for the fund not only to closely monitor the situation, but also to explore suring the studies of Namibian students are not interrupted. NSFAF on page 2 Namibia, SA trade Dairy industry going tough at N.1 billion If the long-awaited bill to regulate the importation and export of dairy and dairy products - due to be tabled in parliament soon - is not given the green light, it could spell disaster for Namibia’s small dairy producers. Page 3 Work stoppage on Home Affairs building anticipated to cost N.5 million Work stoppage at the Ministry of Home Affairs and Immigration’s new headquarters in Windhoek due to budget cuts could cost the government an extra N.5 million. Page 9 Neighbours… President Hage Geingob with his guest, South African President Cyril Ramaphosa, at State House in Windhoek on Friday. Photo: Emmency Nuukala Albertina Nakale Windhoek President Hage Geingob says South Africa should regard Namibia as an important trading partner, adding that in 2017 total trade between the two countries stood at N.1 billion. Geingob made the remarks on Friday evening at State House during a one-day state visit by South African President Cyril Ramaphosa. Although South Africa is Namibia’s largest trading partner, Geingob however said that trade between the two countries remains heavily skewed in favour of South Africa, with Namibia importing goods worth N.1 billion from South Africa, while exporting goods worth N.0 billion to her southern neighbour. He said Namibia’s investment portfolio and exposure in South Africa stood at N billion in 2017. Of these, he noted, N.6 billion was invested in equity securities, N.3 billion in debt securities and N.1 billion in other asset instruments, such as unit trusts and property. TRADE on page 2 Time to address the land issue - Ramaphosa Albertina Nakale Windhoek Following a vote in South Africa’s parliament to move land reform closer, South African President Cyril Ramaphosa says the land issue should not lead to negative economic growth because if it leads to that then it means the issue is not being addressed properly. The South African parliament took a bold step on Tuesday to hasten the transfer of land from white to black owners when MPs backed a motion initiated by South African President Cyril Ramaphosa Economic Freedom Fighters (EFF) leader Julius Malema seeking to change the constitution to allow land expropriation without compensation. EFF controls six percent of parliamentary seats. LAND on page 2 NAMCOL PRIZE GIVING CEREMONY 2018 SE FOR THE 2017 NATIONAL JSC & NSSCO/H EXAMINATIONS WILL TAKE PLACE on Tuesday, 6 March 2018 at NAMCOL Head Office (Katutura), Nahas Angula Hall at 10:00 am Visit our website New Era Newspaper @NewEraNewspaper #NewEraNewspaper

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