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New Era Newspaper Tuesday July 11, 2017

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New Era Newspaper Tuesday July 11,

ol. 22 No. 233 Windhoek, Namibia Tuesday July 11 2017 Inside Today ACC not toothless: Van der Merwe The Anti-Corruption Commission (ACC) is not an incompetent organisation that only focuses on investigating and arresting those at lower levels of government. Page 3 Tracing the money from mergers and acquisition International bankers pocketed the lion's share of the money from African mergers and acquisitions transactions in the first half of this year, while African authorities received breadcrumbs. Page 11 Brave Warriors turn attention to CHAN qualifiers The Brave Warriors, who just returned home from a poor Cosafa Castle Cup campaign in South Africa, where they failed to retain the regional competition’s Plate trophy after losing to Bafana Bafana 1-0 in the final, have now turned their attention to the 2018 Africa Nations Championships (CHAN) qualifiers. Page 24 Court to rule on SME Bank today … matter ‘very urgent’ Roland Routh Windhoek Judge Hannelie Prinsloo will make her ruling today at 09h00 on the application by the Bank of Namibia (BoN) to provisionally wind up the SME Bank after hearing arguments on the merits of the application during marathon proceedings yesterday. She heard the arguments after she dismissed an attempt by local lawyer Sisa Namandje to have the application struck from the roll yesterday in the Windhoek High Court, and ruled the matter “very urgent”. Namandje, representing respondents in the case, questioned the urgency of the application after he failed to convince the judge that BoN acted unprocedurally when it filed the application. NUNW claims exclusion from Swapo NUNW’s Job Muniaro SME BANK on page 2 Kuzeeko Tjitemisa Windhoek Sisa Namandje The country’s largest trade union federation, the National Union of Namibian Workers (NUNW), an affiliate of the ruling party Swapo, has bemoaned what it termed an exclusion of its members from key party meetings. This, its secretary-general Job Muniaro said, could destroy the affiliation if not nipped in the bud. In a recent letter to Swapo secretary-general Nangolo Mbumba, seen by New Era, Muniaro said NUNW has on several occasions expressed discontent about this exclusion, but such cries consistently fell on deaf ears. Muniaro said he had previously addressed these concerns with Mbumba. NUNW on page 2 Nafinu unleashes vitriolic attack on Muniaro Kuzeeko Tjitemisa Windhoek Namibia Financial Institution Union (Nafinu) general secretary Asnath Zamuee yesterday launched a bitter attack on National Union of Namibian Workers (NUNW) secretarygeneral Job Muniaro over his support for the closure of the SME Bank. Zamuee, whose union represents some of the bank’s employees, labelled Muniaro’s support for the SME Bank’s closure as highly unacceptable. “It’s with utter disgust and disbelief that we are writing this letter to your office. This action was necessitated by the extreme provocation from Muniaro who went public on various occasions stating that the SME Bank should be closed,” said Zamuee in the letter to the NUNW president Ishmael Kasuto yesterday. Zamuee says this “nonsensical” position of NUNW was arrived at without any consultation with Nafinu as representative of the workers of SME Bank. “We wish to put it on record that the conduct of your secretary-general is shameful, ill-informed and highly unacceptable. As a trade unionist, Nafinu general-secretary Asnath Zamuee NAFINU on page 2 MAKE YOUR MATRIC MEMORABLE Your Matric Farewell should be a special occassion. Have an unforgettable Matric Farewell Party or Dinner at one of our resorts for as little as N$ 150 per person. This offer includes meals 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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