Namibia

Nujoma's office rejects 'thug' tag

The Namibian - 40 min 53 sec fa
FORMER president Sam Nujoma's office said allegations that Namibia's first president is a “thug” are highly provocative and disturb the peace and stability in the country.
Categorie: Namibia

Force should not be first option - Kapofi

The Namibian - 40 min 53 sec fa
MINISTER of home affairs, immigration, safety and security Frans Kapofi has warned against heavy-handedness and the use of force by police offiers when arresting suspects.
Categorie: Namibia

Swartbooi calls for robust abortion talk

The Namibian - 40 min 53 sec fa
THE Landless People's Movement says the ongoing discussions about the legalisation of abortion must include other social issues to find solutions for the root cause of abortion.
Categorie: Namibia

Up to 20 000 spectators to attend French Open each day

The Namibian - 40 min 53 sec fa
THE French Open will allow up to 20 000 people to attend each day of this year's tournament despite the coronavirus pandemic, organisers announced on Thursday.
Categorie: Namibia

China further widens market access for foreign investors

Namibia Economist - 1 ora 38 min fa

BEIJING — China has released its new, shortened negative lists for foreign investment amid efforts to further improve its business environment and boost foreign investors’ confidence.

The number of sectors that foreign investors are restricted from entering will be cut to 33 in the 2020 version of the negative list from 40 in the 2019 version, according to a statement jointly released by the National Development and Reform Commission and the Ministry of Commerce on June 24.

According to the statement, the negative list for pilot free trade zones was reduced to 30 from 37. The two new negative lists will take effect on July 23. Insiders noted that China has shortened the lists for four consecutive years, showing the country’s resolve to resolutely support economic globalization and multinational investment

In the future, China is expected to further shorten the negative lists in an effort to substantially broaden market access for foreign investment.

According to World Investment Report 2020 released by the United Nations Conference on Trade and Development (UNCTAD), global foreign direct investment (FDI) flows are forecast to shrank 40 %
year on year to below 1 trillion U.S. dollars this year, the lowest in the past 15 years, as the coronavirus pandemic rippled through the world. Under this context, the latest negative lists for foreign investment will not only be conductive to China’s economic recovery, but also help multinational companies restore production and operation and ramp up investment, thus making a positive contribution to promoting the stability of global trade and investment, keeping global industrial and supply chains stable and enhancing the world’s economic vitality, said Li Dawei, research fellow at Academy of
Macroeconomic Research.

Cui Fan, a trade expert at the University of International Business and Economics, noted that the reduction of the negative lists is a significant step for China to push forward investment liberalization. Li also pointed out that the new lists showcased the country’s determination to accelerate the high-level reform and opening up and further build up consensus in an attempt to push for the in-depth development of globalization. Besides, China’s continuous efforts to expand reform and opening up strengthened foreign investors’ confidence. Data showed that foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded by 7.5 % year on year to 68.63 billion yuan in May.

Cui stressed that the reduction of each negative list item means that one more area is available to foreign investment, which will bring more foreign capital inflows. U.S. electric carmaker Tesla opened its first gigafactory outside the United States in Shanghai after China scrapped foreign shareholding limits on manufactures of new energy vehicles and special-purpose vehicles in 2018.

It is foreseeable that the cancellation of foreign ownership caps on commercial vehicle manufacturing this year and the liberalization of foreign ownership limits on passenger vehicles by 2022 will lure more foreign vehicle manufactures to make investment in China. (By Yang Yifan with Xinhua Silk Road, [email protected]

 

Categorie: Namibia

Janco Venter: Saracens sign Namibia back-row ahead of Championship campaign

The Namibian - 2 ore 43 min fa
SARACENS have signed Namibia international back-row Janco Venter from Championship side Jersey Reds.
Categorie: Namibia

Affordable housing project launched

The Namibian - 2 ore 43 min fa
NAMIBIA has launched an affordable housing project at informal settlements in the Moses //Garoeb constituency in Windhoek.
Categorie: Namibia

Many small walks make one Big Walk

Namibia Economist - 3 ore 52 min fa

Not wanting to forego on their annual Big Walk, parents, teachers and learners of Deutsche Höhere Privatschule in Windhoek had to come up with an innovative way to continue this major event.

The solution was many small walks by individual families and groups which were then shared on the school’s social media channels to make it one Big Walk.

When the school explained its conundrum to the learners, the response was overwhelming. About 200 parents, learners, alumni, staff and supporters of the school sent photos and videos showing them individually, as a family, with their classmates or friends in action to support a good cause: The participants went hiking, dancing, cycling and water skiing, walking, jogging, swimming, jumping on the trampoline, riding, playing cricket, basketball, judo or even chopping wood.

This was all done on Saturday, 27 July, which would have been the date for the conventional Big Walk.

In a statement, the school noted “The aim was to connect the school community, to have fun together even if you cannot celebrate together, and this has inspired many families. These activities were shared on the social media channels of the DHPS, the ideas of the classes, the learners and the participants of the Big Walk were updated every minute, videos and photos were published and everybody felt like being there and celebrating the day together.”

The DHPS Big Walk is usually one of the most important fundraising events of the primary section, and in recent years, the proceeds have been used to cover expenses for school material such as whiteboards in all classrooms or shade nets and jungle gyms for the playground. This year, the fundraising is based on voluntary contributions to the DHPS Corona Fund to support families in the school community who are particularly affected by the crisis.

Friends and family members of the Verrinder Family chose the mountains on Windhoek’s eastern boundary as the setting for their small walk. In the front from the left, Myka List, Damu Alberto, Georg Verrinder and Julius Verrinder. At the back, Amilcar Alberto, Ayana Alberto and James Verrinder.

 

Categorie: Namibia

Jazz And The Underbelly Of Paris

The Namibian - 4 ore 41 min fa
IN the Netflix miniseries 'The Eddy' we live through the personal struggles of artists in the underground jazz scene in the underbelly of Paris.
Categorie: Namibia

Prepare To Freak Out

The Namibian - 4 ore 41 min fa
It's really great to see South Africans tackling horror films, and where better to debut '8' than Netflix, which has recently opened the platform to African storytellers.
Categorie: Namibia

Bringing Black American History To The Centre

The Namibian - 4 ore 41 min fa
The first few minutes of HBO's 'Watchmen' (2019) don't come with a trigger warning, but maybe they should. Warning: This is violent. Warning: Black Americans are gunned down by the Klan in the street. Warning: This really happened.
Categorie: Namibia

Seibeb Paints The Pandemic

The Namibian - 4 ore 41 min fa
Rudolf Seibeb takes a silver taxi to the city from his home at Okahandja.
Categorie: Namibia

What's In The Bag?

The Namibian - 4 ore 41 min fa
Have you ever wondered what Skrypt keeps in his backpack, or what Adora carries around with her wherever she goes?
Categorie: Namibia

Jou 'Ma se Kombuis'

The Namibian - 4 ore 41 min fa
Singer Christopher Grant has spread his wings to showcase his talents in South Africa, where he has been based recently.
Categorie: Namibia

Winter gets cosy with Tswazis and Jaliza

The Namibian - 4 ore 41 min fa
Tswazis and Jaliza are gearing up for 'Winter Nights', a live music show at Trinity Lounge and Restaurant tomorrow from 19h00.
Categorie: Namibia

Handrick is back with a bang

The Namibian - 4 ore 41 min fa
Germany-based musician Genesa Handrick is back in the country to release her upcoming album 'Sadu !Aroma Ta' (Because of You).
Categorie: Namibia

From The Twittersphere

The Namibian - 4 ore 41 min fa
WHEN I opened Twitter yesterday, the top five trending topics were 1. Jada; 2. #Level5; 3. August Alsina; 4. Will Smith; and, 5. Dear July… Make of it what you will. Tweeps certainly did…
Categorie: Namibia

Home of Marathon Sugar moves to Bokomo Namibia stable

Namibia Economist - 4 ore 43 min fa

Two joint ventures in the Frans Indongo Group were consolidated this week with the acquisition of Tongaat Hulett Namibia by Bokomo Namibia.

Chief Executive of Bokomo Namibia, Hubertus Hamm said Bokomo now has significant scale “which allows us to compete more effectively, and thus enables us to provide a large range of complementary food and beverage products to our valued customers and consumers across Namibia.”

Bokomo was a distribution branch of the parent company in South Africa, Pioneer Foods, until 2007 when the Frans Indongo Group acquired 50% shareholding of the local operation and it became a joint venture. Based in Windhoek, Bokomo Namibia focuses on wheaten flour, maize meal and pasta production and distributes a wide range of Pioneer Foods Group products in the region. It operates a wheat and maize mill as well as a pasta plant.

Tongaat Hulett Namibia is a joint venture between Tongaat Hulett South Africa and the Frans Indongo Group. Tongaat Hulett is a strong, well-established business and the merger sees its market-leading brand, Marathon Sugar, join a number of well-known household brand names manufactured and/or distributed by Bokomo Namibia.

Chief Executive of the Frans Indongo Group, Kobus van Graan said “Serving the community is at the heart of the group’s agenda and by bringing two of our important investments together, under one umbrella, we believe we are well-suited to continue driving the economic stability of an independent Namibia.”

The merger was approved by the Competition Commission on condition that no employee will be retrenched and that new employment contracts will not be less favourable than when they worked for Tongaat Hulett.

Since buying into Bokomo Namibia in 2007, the Frans Indongo Group’s focus has shifted from the retail industry to investment opportunities in manufacturing, marketing and distribution.

Caption: Hubertus Hamm (right), Bokomo Namibia’s Chief Executive, welcomes Tongaat Hulett Namibia’s former General Manager, Gielie van Zyl to the Bokomo family. Van Zyl is the new Chief Commercial Officer of the merged entity.

 

Categorie: Namibia

West Ham stun Chelsea, Aubameyang fires Arsenal revival

The Namibian - 6 ore 40 min fa
WEST Ham rocked Chelsea's top-four hopes and boosted their survival bid with a dramatic 3-2 win, while Pierre-Emerick Aubameyang struck twice as Arsenal climbed back into European contention with a 4-0 thrashing of Norwich on Wednesday.
Categorie: Namibia

Formula One in brave new world as Verstappen seeks repeat Austria triumph

The Namibian - 6 ore 40 min fa
MAX Verstappen will seek a hat-trick of home wins for Red Bull and an early lead in the drivers championship at this weekend's delayed and somewhat surreal season-opening Austrian Grand Prix. 
Categorie: Namibia