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New Era Newspaper Thursday March 29, 2018

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  • Namibia
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4 NEWS Thursday, March 29 2018| NEW ERA Flood manna… Aupa Erwin and Erastus Haindongo catching bridge. Nuusita Ashipala Oshiku shaLaban Recent heavy rains have brought NWR generated N9 million in revenue N Zelna Hengari – Nampa Zelna Hengari the MD of NWR Our Star of the Week is Zelna Hengari the managing director of Namibia Wildlife Resorts (NWR), a state-owned enterprise (SOE) that has from the period 2015 to 2017 recorded combined revenue of N9 million. This is despite the subdued state of the economy that has resulted in many SOEs underperforming. N0 million, while in 2016/17 it made N9 million. She said the revenue was used to clear all NWR’s historical debts, which included tax liability of over N million in 2015. “Since then, NWR has not begged the government for bailouts to pay salaries,” Hengari said. She extended thanks to the new board that was appointed in March 2016, well compared to before.” PUBLIC NOTICE MUNICIPAL BUS SERVICE OPERATION DURING EASTER HOLIDAY The City of Windhoek herewith wishes to inform its residents and users of the municipal bus service, that there will not be a bus service rendered on Saturday, 31st March 2018. This is mainly because of low passenger demand for bus service expected during this period. Kindly make the necessary arrangement for alternative transportation during this period. The City of Windhoek apologizes for any inconvenience. The service will commence again on Tuesday, 3 April 2018. Contact Persons: Mr. Engelard Nowaseb Customer Care Officer: Public Transport Tel.: +264 61 290 3378 E-mail.: Issued by: Office of the Chief Executive Officer Corporate Communications, Marketing and Public Participation Tel: +264 61 290 2365 / 2044 Fax: +264 61 290 2344 E-mail:

Friday, March 29 2018| NEW ERA NEWS 5 #399 Bank Windhoek is your international banking partner of choice, whether you are importing or exporting goods and services, travelling or investing offshore. Our International Payment Solutions are tailor-made to meet your crossborder transactional banking needs and will limit the exchange risk for your business. The late Ovaherero paramount chief Clemence Kapuuo was patriotic to the cause of Namibia’s independence, and contemporary history has been distorted not to depict this fact, Popular Democratic Movement (PDM) leader Speaking at the 40th commemoration of him as a leader of unparalleled stature who never demanded recognition. “When Kapuuo was offered an American Cadillac, he refused it. When he was offered a three-bedroom house, he refused it,” he said, adding that Kapuuo also turned down R100,000 from the wealthy Oppenheimer family in 1971 which was a lot of money at that time. Kapuuo was assassinated on 27 March 1978 by two armed men in Katutura. Both South Africa and Swapo accused each other of the killing. advance the interests of Namibia, irrespective of traditional leader and a man of the people,” he added. never sided with the apartheid regime or Bantustan governments as purported by certain quarters. joined any Bantustan government. That is why he McHenry Venaani Kapuuo was patriotic until death – Venaani was killed; he believed in democracy,” he said. The PDM leader said it was the reason why Kapuuo petitioned against the UN resolution to declare Swapo as the sole and authentic representative of the Namibian people. Resolution 435 of the United Nations (UN) would never have seen the light of day, according to that were sent to the UN. Kutako) used to read and write, but he was not educated in English. It was Kapuuo who wrote Namibian history has been distorted and Kapuuo does not get due recognition for his heroic deeds towards the attainment of the country’s independence. Describing the day when Kapuuo perished, the shooting, said Kapuuo’s body lay on his lap and he took him to the mortuary. “I am the only person who gave a police statement on that particular event. We tried to pursue the person who shot him; unfortunately, we couldn’t do much,” said Kaapama, who is now a lecturer at the University of Namibia. - Nampa IMPORTS AND EXPORTS Our range of International Services includes: • Foreign Currency Payments & Receipts by means of SWIFT • Advance Payments Windsor Markus Head: Treasury Sales • Foreign currency denominated Customers Foreign Currency Accounts (CFC Accounts) • Hedging Instruments, such as Forward Exchange Contracts, Currency Options and Swap transactions) • Travel allowance facilities • Trade related services, including Documentary Collections, Documentary Credits (Letters of Credit) and Guarantees TRAVELLING We can arrange your travel allowance in cash, on your credit/debit card or by means of a SWIFT transfer and will assist with some useful tips for your holiday travel plans. • We sell foreign currency notes in all major currencies – at zero percent commission • We can pay in advance for your reservations by means of SWIFT transfers. • If you purchase your air ticket with your Bank Windhoek Visa Silver or Gold Debit Card, you qualify for travel insurance free of charge. Note: A single discretionary allowance of N 000 000 per individual per calendar year may be used for purposes of travel, gifts, donations and maintenance. Omnibus facilities are available for business travellers. You can purchase your foreign exchange 60 days before departure. INVESTMENTS When investing in foreign currency, the investor has the choice of an onshore or an offshore investment account. Any person older than 18 that is a resident in Namibia and in good standing regarding tax can invest up to a total of N 000 000 in a foreign currency. Non-residents can invest freely in a foreign currency. Our Treasury Department will assist with the completion of all necessary documentation and will be responsible for applying on your behalf at the Receiver of Revenue. CLIENT ADVISORY AND REGULATORY SERVICES Our team of professional advisors will help you make informed decisions on your foreign currency payment and receipt transactions. As an extension of our traditional foreign exchange services, we also offer the following services: • Regulatory advice on all exchange control related matters, including expert advice on Offshore Investments and applications to the Central Bank • Expert analysis on future exchange rates and hedging methods • Daily market indicators and market reports • Market order services • Structuring and management of complex cross border trade transactions Killer too ill to appear in court Lahja Nashuuta Windhoek The suspect accused of killing his ex-girlfriend by slitting her throat earlier this week was not after he consumed battery acid in a botched suicide bid. The man in his 30s was hospitalised after he drank the acid in an attempt to take his life. According to Khomas Regional Commander, Commissioner Silvanus Nghishidimbwa, the suspect is expected to appear in court after Easter, if he recovers. The suspect killed his girlfriend Ndihole- Omwene Joleinge who was the mother of their seen carrying a container under his arm, believed to be battery acid. “The suspect will not appear in court today as pital under police guard,” said Nghishidimbwa. suspect consumed a heavy chemical substance. chemical acid and will not to be released from hospital,” stated Nghishidimbwa The suspect on Monday killed his exgirlfriend by slitting her throat with a knife at Katutura’s Okuryangava area at a place known as Oneleyiwa location. According to witnesses the suspect arrived at the place where Joleinge rented a room and requested to have a private conversation with Members of the Namibia Police Force later found him in his shack where he is suspected to to Katutura hospital for medical treatment. In 2015 a teacher from Augustineum Senior Secondary who killed his girlfriend and her sister died days later after he also drank battery acid in an identical crime. Win N00 in our Opinion Poll Does Bank Windhoek trade in foreign currency notes at 0% commission? Email: with your full name, contact number and your yes or no answer. 0% No While an article is under suspensive sale agreement with the Bank, it remains the Bank’s asset or property until the amounts due and owed in terms of the suspensive sale agreement is settled in full? Yes/No 100% Yes Ndeutapo Shikukutu is the lucky winner in the Money Matters Issue 398 poll draw.

New Era

New Era Newspaper Vol 22 No 167