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New Era Newspaper Tuesday October 24, 2017

New Era Newspaper Tuesday October 24,

Vol. 23 No. 039 Windhoek, Namibia Tuesday, October 24 2017 Inside Today Alleged gang rapists get trial date Shikongo elected NNLVA president Three men from Otjurukune Reserve in the district of Gobabis are set to plead to nine counts of rape, one count of assault to cause grievous bodily harm and one count of common assault when their trial start on June 18 next year before High Court Judge Naomi Shivute. Page 3 Where to Invest in Africa On the brink of greatness, the continent has soared in its economic endeavours. Africa has anticipated high productivity and economic gains over recent years. Real GDPs have achieved steady growth, but not as accelerated as the continent might have envisaged. This is partly due to inconsistencies found in the structural reforms of various economies. Page 11 NTA Schools Tennis League attracts top talent The 2017 First National Bank (FNB) Schools National Tennis League tournament took place on Saturday at the Central Tennis Courts in Windhoek. The tournament, which caters for the top three tennis playing schools in all 14 regions of Namibia, only saw participants from Erongo Region, Okahandja and Windhoek taking part. Page 23 The road ahead… President Hage Geingob conducted an on-site visit of the Windhoek-Okahandja dualisation road project yesterday. The road is being constructed by Otesa Civil Engineering and is scheduled for completion by early 2019. The president said the investment to upgrade the Windhoek- Okahandja road was intended to reduce the unnecessary loss of life, as that stretch of road has claimed many lives in the past. Photo: Emmency Nuukala HPP similar to Chinese concept – Zhang Staff Reporter Windhoek The Ambassador of China to Namibia Zhang Yiming has equated Namibia’s action plan for inclusive prosperity - the Harambee Prosperity Plan (HPP) - to the ‘Two Centenaries’ - the Chinese set of goals. Embraced by the ruling Communist Party of China (CPC), the Two Centenaries ideology is the brainchild of Chinese President Xi Jinping. It forms the foundation for achieving the “Chinese Dream” and similar to HPP, aims at inclusive prosperity. China’s Two Centenary Goals and Namibia’s Harambee Prosperity Plan and Vision 2030 have a lot in HPP on page 2 On A Mission… Chinese Ambassador to Namibia Zhang Yiming has pledged to take relations between the two countries to a new level. Photo: Contributed Nuusita Ashipala Ongwediva The Ministry of Defence will have to appoint a new contractor for its multimillion-dollar headquarters in Windhoek, which was left half-built Mansudae Overseas Projects, following the termination of commercial relations between the two countries last year. Namibia and 14 other African countries now find themselves embroiled in a tussle, as they are alleged to have supported North Korea’s nuclear programme by funding various projects under taken by Mansudae Overseas Projects, ranging from munitions factories, state houses and apartments, CCN reported Sunday. Staff Reporter Windhoek The Namibia National Liberation Veteran Association (NNLVA) held its elective congress in Otjiwarongo, Otjozondjpa Region on Saturday with over 90 delegates in attendance. The elections were presided over by reputed lawyer Sisa Namandje. Each of the 14 regions was represented by six delegates, who took part in voting Retired Commissioner Ben Shikongo (formally of the Namibian Special Field Force) emerged victorious, SHIKONGO on page 2 Namibia under pressure over North Korea “The activities that have been taking place in Namibia in which the Koreans have been involved could not be considered to be generating such a [large] amount of money to fuel nuclear development in North Korea.” – Netumbo Nandi-Ndaitwah PRESSURE on page 2 Meet our next generation of pension fund specialists. Pension funds and pension investments require long-term management strategies. Meet the future managers who will nurture Namibian pension investments. Find out more about us at Director: Client Services S Skoppelitus Senior Manager: Client Services R Shivute Hangalo Senior Manager: Fund Administration H van Tonder Benchmark Product Manager P /Guidao-Oab Senior Manager: Fund Administration V Nashongwa Senior Manager: Systems, Training & Development L Cabatana Manager: Internal Audit, Compliance & Risk C Diehl Retirement Fund Solutions Managed by Namibians. Trusted by Namibians.

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