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New Era Newspaper Tuesday August 15, 2017

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New Era Newspaper Tuesday August 15,

Vol. 22 No. 258 Windhoek, Namibia Tuesday, August 15 2017 Shaningua guilty of murder with intent Rodney Shaningua Roland Routh Windhoek Dressed in a dark suit and tie, Rodney Danne Shaningua, 46, listened intently yesterday during the entire reading of the verdict by High Court Judge Christi Liebenberg on the charges brought against him. Not a flicker of emotion was visible on the face of Shaningua when Judge Liebenberg pronounced him guilty of murder without direct intent and of attempting to defeat the course of justice. He was charged with murder with direct intent, but the judge said the State did not prove he intended to kill his victim when he pumped nine bullets into the car of Ronni Marco Kristian Uolevi, 42, at around 00h30 during the period August 8 to 9 last year. Uolevi died instantly at the scene of the shooting outside a popular nightspot along Bell Street in Windhoek’s southern industrial area. Shaningua pleaded not guilty at the start of his trial and claimed he acted in self defense when he fired the shots that killed Uolevi. At the time he said he was “frightened and shocked when he was unexpectedly confronted by a Land Rover speeding towards him” on the night in question. SHANINGUA on page 2 CA abattoirs to re-open Inside Today Letshego’s IPO to increase NSX market cap by N.4 billion The intended listing by Letshego Holdings Namibia towards the end of next month is expected to increase the overall market capitalisation of the Namibia Stock Exchange by N.35 billion and the free float by N0 million. Page 11 Why Indongo shouldn’t be taken lightly American boxing sensation Terence ‘Bud’ Crawford is a serious force to be reckoned with, as the undefeated junior welterweight world champion can fight orthodox or southpaw, can hit like a mace, and can seemingly adapt to any situation. Page 24 Turning a new leaf… From left: KIAT Investment Holdings executive director Sikunawa Negumbo, Agriculture Minister John Mutorwa and Afred Chilinda of Zambezi Meat Corporation. Photo: Albertina Nakale SOEs must pay own salaries – Schlettwein Edgar Brandt Windhoek A rather diplomatic Finance Minister Calle Schlettwein yesterday stopped short of urging government to close down entities that are so constrained financially that they cannot even pay salaries, yet are allowed to exist. “Public entities must have the ability to pay their own salaries. They cannot come to the Ministry of Finance when they are technically insolvent and ask for one to two billion [Namibia dollars] for operational expenditures. There must be a better way to manage commercial public entities to turn a profit,” Schlettwein said. SCHLETTWEIN on page 2 Albertina Nakale Windhoek Farmers in the Northern Communal Areas (NCA) can breathe a sigh of relief following the announcement by government that the abattoirs at Oshakati and Katima Mulilo would resume operations by November. The abattoirs at Oshakati and Katima Mulilo, that were initially operated by Meatco, shut down in 2016 due to high operational costs. Their closure had a negative effect on NCA farmers, who were consequently unable to market their livestock. The abattoirs will now be run by private sector entities, with the Oshakati abattoir having been given to KIAT Investment Holdings, while the Katima Mulilo abattoir has been given to Zambezi Meat Corporation (ZAMCO) to operate. The two companies were selected following an expression of interest to operate the abattoirs. NCA on page 2 Photo: Edgar Brandt Looking ahead… Finance Minister Calle Schlettwein (centre) joined by Deputy Minister of Finance Natangwe Ithete (left) and Dr John Steytler, economic advisor to President Hage Geingob (right), at yesterday’s briefing on the country’s recent credit ratings downgrade by Moody’s. END THIS YEAR IN STYLE The end of your year should be a special occasion. Have an unforgettable Year End Party at one of our resorts for as little as N$ 270 per person. This offer includes meals Venue, and a 50% discount on accommodation. This is a time limited offer so don’t hesitate to contact us immediately. BOOK ONLINE OR CONTACT US! ☎ +264 61 285 7108 | +264 61 2857167 ☎ +264 61 285 7169 | +264 61 285 7188 New Era Newspaper @NewEraNewspaper #NewEraNewspaper • •

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