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NewEraVol22N108.

  • Text
  • Namibia
  • Windhoek
  • January
  • Region
  • Jong
  • Roads
  • December
  • Tender
  • African
  • Economic

ol. 22 No. 108 Windhoek, Namibia Monday, January 9 2017 Inside Today More Batswana tourists visit Namibia The coastal tourism industry has experience a significant increase of tourists at the coast during the past holiday season. This, the operators say, is a clear sign that Namibia is establishing itself as one of the major tourist destinations in the world. Page 3 Namcor cancellation of petroleum tender draws criticism The cancellation of a tender to transport and distribute petroleum products for National Petroleum Corporation of Namibia (Namcor) has drawn criticism from a number of tenderers. Page 11 No immediate end in sight for NRU troubles A dark cloud hangs over the immediate future of domestic rugby as a result of an unresolved dispute between the country’s rugby presiding body, the Namibia Rugby Union (NRU), and the majority of its affiliates. Page 20 ‘Broke’ Namibians seek quick cash solutions Alvine Kapitako Windhoek A New Era investigation has shown that ahead of and during the festive season Namibians find it hard to save money for the leaner times. This trend appears to have become the norm, as at the beginning of each year many people find themselves in the same predicament. The situation is aggravated by the fact many people fail to pay their bills in December. This is the time of year when fees for private schools are also due. The queues leading to the overdraft section of some banks proved to be longer than usual this week, while micro-lending institutions (cash loans) also attracted a great number of desperate clients in recent days, New Era established. There are around 277 micro-lending institutions in the country, according to the Namibia Financial Institution Authority (Namfisa) website. Most cash loan businesses charge interest fees of 30 to 45 percent. The chief executive officer of Letshego Financial Services, Ester Kali, says people should start saving early for the year ahead, BROKE on page 2 Photo: Nampa/AFP Preparing to leave… South African President Jacob Zuma is set to step down as leader of the African National Congress (ANC) in December, before he completes the maximum two terms in office as the country’s president in 2019. Hard times… In January many people who find themselves cash-strapped trade their belongings for much-needed cash, or turn to cash loans for short-term financial relief. Zuma admits mistakes as ANC set for leadership change SOWETO South African President Jacob Zuma on Sunday denounced corruption within the ruling ANC party and admitted that mistakes had cost the party at the ballot box after a year of damaging scandals. Zuma is set to step down as leader of the African National Congress (ANC) in December, before he completes the maximum two terms in office as national president in 2019. He and other senior ANC figures have been embroiled in a series of graft allegations, as South Africa has struggled with a slowing economy, high unemployment and regular violent protests. ZUMA on page 2 Namibia indigenous groups sue Germany for genocide reparations NEW YORK Representatives of two indigenous groups have filed a class action suit in New York against Germany seeking reparations for an alleged genocide of their peoples by German colonial rulers over a century ago in what is now Namibia. The suit filed by the Ovaherero and Nama people on Thursday in New York also demands that their representatives be included in negotiations between Germany and Namibia on the issue. The two countries have been in talks about a joint declaration on the 1904-05 massacres, although Germany has repeatedly refused to acknowledge that a genocide occurred or to pay reparations. The plaintiffs said they were bringing the class action suit “on behalf of all Ovaherero and Nama worldwide, seeking reparations and compensation for the genocide” suffered at the hands of the German colonial authorities. GENOCIDE on page 2 Chief Vekuii Rukoro The UniversiTy of namibia will be open for bUsiness on Wednesday, 11 January 2017 For information on registration dates visit www.unam.edu.na New Era Newspaper @NewEraNewspaper #NewEraNewspaper app.newera.com.na • classifieds.newera.com.na • newera.com.na/discover

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