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WINNING NUMBERSNEWS BUSINESS SPORT 6 3194561 86 6 3193747 86OSHIKOTO PRIVATE SEVENS 7 3199730 86HIGH TEEN SECTOR CREDIT EXTRAVAGANZA 6 3188100 86PREGNANCY EDGES UP AT LION’S DEN 2 3198544 86ALARMING P 08 P 16 REMINDER P 03 THESE 5 NUMBERS APPEARED IN LAST WEEK’S INFORMANTÉ. IF YOU HAVE ONE OF THE NUMBERS, THEN YOU ARE A WINNER.www.informante.web.na • 061-275 4700 Find us on Your Community NEWSPAPER • 08 March - 14 March 2018 • Edition # 619CALLE WIDENS TAX NETGovernmentstrikesrightbalanceWINDHOEK – The national budget tabled in Parliament billion allocation to governments’yesterday by Finance Minister Calle Schlettwein that fo- medical scheme, PSEMAS.cuses on tax reforms and fiscal checks has been welcomedby economists. The Ministry of Safety and Security was allocated N$5.9 billion, while the Zorena Jantze replacement rule TABLED: Minister of Finance, Calle Schlettwein in front of Parliament with the Ministry of Public Enterprises will get Dealing with declining govern- National Budget for the 2018/19 financial year.  Photo: Zorena Jantze a measly N$42.3 million.Schlettwein announced for the financial year 2018/19 that it serves ment revenue stemming from lower the Ministry of Basic Education and billion. Economic Analyst and Director ofas a fiscal proposition to further con- VAT collections because of weaker Culture, with an amount of N$13.5 The Ministry of Health and Social the Economic Association of Namibiasolidate non-core spending and align domestic consumption, Schlettwein in- billion, while the Ministry of Higher (EAN), Klaus Schade said that thereresources to core national priorities. troduced a number of reform measures Education and Training and Innova- Services received the second highest have been no major changes in the in Namibia’s tax system. tion was allocated an amount of N$3.2 allocation with an amount of N$6.5 2018/19 budget as government made Compared to the 2017/18 budgeted billion, complemented by N$2.6 realistic growth goals of 1.2% forrevenue of N$56.7 billion, with a total He stated that the successful im- 2018 and 2.1% for 2019.expenditure of N$66.5 billion for the plementation of fiscal adjustmentssame period, Schlettwein stated that and placing the economy on a firm “Government struck the right bal-the 2018/19 budget will amount to inclusive growth trajectory needs to be ance between spending on the socialN$65 billion in expenditure - which funded. sector whilst not neglecting its capitalrepresents a marginal decrease. expenditure/development budget,” he In this respect, Schlettwein proposed said. Schlettwein said that public revenue for the phasing out of preferential taxfor 2018/19 is estimated at N$56.7 treatment that is only granted to some Schade further summed up Namib-billion, compared to the N$56.8 billion existing manufacturers in order to ia’s 2018/2019 National Budget ascollected in 2017/18, which he says achieve equity and equal treatment of being pro-growth, with the develop-represents a 0.1% decrease mainly on all operators. ment budget increasing from 10.2%the back of reduced SACU receipts. in the financial year 2017/18 to 12.5% In addition, Schlettwein called for for the 2018/19 financial year. The minister further detailed that the readjustment of the current taxpublic expenditure is budgeted at brackets for Individual Income Tax, Schade explained that an expansionN$58.4 billion for 2018/19, repre- which involves the reduction lower in the development budget will createsenting a reduction of 5.3% from the bracket tax rate from 18% to 17% jobs while improving investment fromrevised 2017/18 financial year budget and introducing new tax rates of 39% the private sector through increasedof N$61.7 billion. and 40% for individuals earning over construction projects. N$1.5 million and N$2.5 million, Speaking on debt, the minister respectively. Official opposition party PDMsaid that a budget deficit equivalent parliamentarian, Nico Smit, said thatto 4.5% of GDP is projected for the Schlettwein stated that this proposal the allocation of N$5.9 billion to the2018/19 financial year, an improve- seeks to relieve tax burdens on the Ministry of Safety and Security is un-ment from the deficit of 5.8% in low-income earners and reinforce the sustainable. “We don’t need to spend2017/18, albeit marginally worse off progressivity of the tax system. that much on Defence. We can insteadthan the 3.6% of GDP in 2016/17. use the money to service land and Furthermore, income derived from uplift the poor. You can’t call yourself With regard to fiscal consolidation commercial activities by charitable, a Namibian when you don’t even havemeasures, Schlettwein noted that religious, educational and other types a piece of land to call your own,” Smittransfers to Public Enterprises have re- of institutions under Section 16 of the said.duced by an average of 20% since the Income Tax Act to normal corporate2016/17 Financial Year (FY), reducing tax, was also proposed. In contrast, Johannes van Wyk,from N$7.4 billion to N$6 billion in United People’s Movement (UPM)FY2016/17 and further to N$4 billion Such institutions will be required to expressed satisfaction, stating thatby FY2017/18. register as taxpayers and file annual proposals to increase sin tax and the income tax returns. In addition sin tax increasing of pensioner grants by Addressing government’s capsising on alcohol and tobacco products for N$50 were good moves.wage bill, Schlettwein stated that national revenue was also purposed togovernment endeavours to bring down increase by 5%. Van Wyk, however, noted that hethe share of the wage bill from 16% wanted to see an increase in alloca-of GDP to about 12% of GDP over Commenting on Budget Allocations, tions made to the Ministry of Landthe next five years through a combi- Schlettwein detailed that the social and Rural Development. “The urbannation of natural attrition, lower-than- sector takes up about half of the and rural development programme hasCPI wage adjustments and vacancy budget, with the share of the alloca- failed. More money needs to be allo- tion standing at 49.2% and averaging cated to this ministry if government around this level over the MTEF. hopes to address the issue of servicing land to the masses stuck in informal The highest allocation was made to settlements,” Van Wyk stated. 44N$ .99 MACARONI PERFECTO 3KG 09/03/2018 - 11/03/2018 17N$ .99 MAYONAISEWEEKEND VALUE! CRYSTAL GOLD 750ML Valid at all SHOPRITE outlets, while stocks last. WE RESERVE THE RIGHT TO LIMIT QUANTITIES

2 NEWS 08 March - 14 March 2018USAVE ROBBERSSuspects have similar previous offences School guard gets 27PLEAD NOT GUILTY years for killing wife Eba Kandovazu offence in which violence against another person is WINDHOEK- A former committed during the period school security guard from of suspension. Keetmanshoop who fatally stabbed his wife four years Johannes attacked his ago was yesterday sentenced wife on the school grounds to an effective 27 years im- where he was employed and prisonment. subsequently fled the scene. The judge maintained in her Johannes Jacobs, 44, killed judgement that a custodial Sophia Jacobs,41, with direct sentence is inevitable. During intent when he stabbed her the trial it emerged that So- 12 times in her chest and phia left their spousal home back. She died the following and started a relationship day at the Keetmanshoop with another man. State Hospital. Judge Dinah Usiku sentenced Johannes to Johannes claimed he never 30 years, but suspended three intended to kill his wife. years on condition that he is Windhoek lawyer, Jan Wes- not convicted of murder, cul- sels represented the accused. pable homicide or any other Advocate Heskiel Ipinge represented the state.CROSSFIRE: Three of the five suspects apprehended by police at the crime scene. Photo: Zorena JantzeWINDHOEK- The suspects Petrus Akapala, 38, and Elifas Amutenya, gal possession of ammunition and attempted NO MERCY: Johannes Jacobs. Photo contributedin a botched armed robbery 47, along with three other men, one of murder for shooting at police officers.that occurred on Monday at whom was killed by police officers during aShoprite Usave in Soweto shootout, allegedly held the store’s manager Akapala and Amutenya indicated to Mag-yesterday appeared at the at gunpoint and demanded cash.It is reported istrate Michelle Kubersky that they will notKatutura Magistrate’s Court, that the police received a tip-off by public need lawyers and opted to conduct their ownwhere they independently members and a joint operation with City Po- defence. Prosecutor Muriel van Zyl objectedpleaded not guilty to the lice ensued. One suspect died from a bullet to the granting of bail because of the serious-charges. wound to the stomach shortly after he was ness of their crimes and because the suspects admitted at the Katutura State Hospital, while have similar previous offences, a claim they Eba Kandovazu another suspect is recovering in hospital after have denied. The State also fears that the sus- he was shot in the leg by police officers. pects might re-offend. Magistrate Kubersky informed the suspects of their rights to a for- They face charges of armed robbery, illegal mal bail application. Their case is postponed possession of firearms without licences, ille- to 18 May, for further investigations. disbursement within after 48 hours approvalPay for your education the smart wayHIGHER QUALIFY FOR UPLEARNING TO N$15 000STANDARDS Qualify for Online Courses, anReach your pinnacle through educational study tool and up toworld class education financing. N$15 000 in Edufees.Securing education financing has become so easy. Qualify for a smart study tool of your choice, up to eight online courses and a maximum ofN$15 000 in cash, all facilitated by IOL and 100% financed by Trustco Finance.Contact our call centre today on (061) 270 9300 and find out how you can finance your needs, hassle free.SMS “EDUK8” to 711 and an agent will contact you.Standard SMS rates and Ts & Cs applyfacebook.com/TrustcoFinance/ @TrustcoFin www.trustcofin.na trustcofi[email protected]

08 March - 14 March 2018 NEWS 3OSHIKOTO HIGH TEENPregnant girls may stay in school when pregnantPREGNANCY ALARMINGONDANGWA- The Education Director of Oshikoto Region, recorded, with 147 dropouts due will be forced to take leave of absenceLamek Kafidi, is gravely concerned about the alarming fig- to pregnancies. Kafidi said that the from the school,” said Kafidi.ures of teenage pregnancy, which he said constitute about dropout rate is high and unnecessary,40% of school dropouts recorded last year. as learners who fall pregnant are able He added that the policy states that a to go back to school due to the policy girl can stay in school until four weeks Maria David translates to 253 schoolgirls out of 34 designed by the ministry, but rather before her due date, if certified by a CONCERNED: Education director for 120 teenage girls enrolled at various opt to stay from school. health care provider. Oshikoto Region Lamek Kafidi.The latest report reveals that out of 68 schools in the region who dropped out Photo: Maria David987 learners enrolled in 2017, about of school due to pregnancy. “The fact is that a female learner is She is also allowed to return to1 762 learners dropped out of school According to Kafidi, in August alone, allowed to stay in school when she school after the birth of her baby ifin the Oshikoto Region. This figure the region had experienced a high provides confirmation from the clinic she feels she is ready and can provide rate of dropouts with 771 dropouts regarding her due date, but when a a statement by a social worker, health learner does not provide that informa- care provider and/or parents or care- tion as required by the school, she taker on how the infant will be cared for.Sanitary services shortfall Informal settlements soon electrifiedMarthina K MutangaWINDHOEK - The need for potable UNHYGIENIC: Two toilets situated at Havana where 10 houses shares these two Aili Iilonga celerate the current huge backlogwater and basic sanitation services in toilets in the areas. Photo: Marthina K Mutanga with a set target to electrify 4 000Namibia were identified at Independ- WINDHOEK - Due to a huge demarcated erven in the informalence as one of the major basic essen- selves in plastic bags and this brings with decent places to relieve them- influx of people from rural areas, areas,” he said.tial needs of the nation, especially for health implications. We need flush selves. population growth in Windhoek’sthe people living in communal areas. toilets and not these poorly managed, informal areas has exceeded Kazapua further said that over dirty and overflowing dry-system He said the people, however, vandal- capacity, putting tremendous pres- 30 000 households in informal The country, however, seems to be public toilets,” he said. ised and destroyed them. sure on infrastructure. areas within Windhoek still needslacking with regard to addressing Thus City of Windhoek (CoW) to be electrified.this issue. Five years ago, City of Windhoek mayor, Muesee Kazapua, Kazapua said the City of Windhoek has revealed plans to provide elec-Windhoek (CoW) erected two toilets during the mayoral clean-up in the has set aside N$17 million and the trification to informal settlements “The electrification of the infor-accompanied by prepaid water points Moses Garoeb Constituency, said the Khomas Regional Council N$20 as part of their five year strategic mal areas is amongst the City’sfor every 10 houses on public land in municipality and central government million for the provision of sanitation plan. commitments to roll out basicOkahandja Park, Freedom Land and erected the toilets to provide people facilities to all informal settlement bulk municipal services and thethe Havana informal settlements for areas in the Capital. Windhoek mayor, Muesee eventual formalisation of the in-residents. The toilets were padlocked Kazapua, said that the council formal area as committed to in theto prevent theft and vandalism, with has approved the plan to increase five-year Strategic Transformationeach household receiving a key to the access to municipal services, such Plan,” said the mayor.toilets. as electricity services, within the boundaries of CoW. He added that The targeted areas that have The toilets were, however, soon van- the quest to accelerate the supply been identified for electrificationdalised, with toilet pots and plumbing of electricity to informal house- process are the Tobias Hainyekobeing stolen. The few residents who holds is detailed in the City’s five Constituency’s Okahandja Park,tried to maintain the toilets soon gave year Strategic Transformation Babilon, Kilimandjalo, Ongulum-up as well. A resident in Havana, Plan. bashe and One Nation A and B.Shilikomwenyo Erastus, said that his The Moses Garoéb Constituency’sneighbours are to blame for the dam- “The electrification plan will ac- Havana informanl area, as well asages, as members of the community in Otjomuise settlement have alsoare not cooperating with each other. been identified.“We are now forced to relieve our-Ex NDF officer shoots wife’s dogs Niel Terblanche of other residents. According to the and Ammunition Act and the Animal animals,” said Iikuyu. According to took place on Tuesday at about 10h00 Regional Crime Investigations Coor- Protection Act after he fired a pistol one of his neighbours, the suspect and in front of the suspect’s house.WALVIS BAY-The police in Walvis dinator of the Namibian Police in the in a public place. He was also under his wife were involved in a squabbleBay arrested a retired officer of the Erongo Region, Deputy Commissioner the influence of liquor while doing so when the incident occurred. From what “The suspect, Fillemon Eino Natang-Namibian Defence Force at his home Erastus Iikuyu, the 60-year-old Fil- which is another contravention of the information could be garnered from the we, a retired Namibian Navy officerin the upmarket Meersig neighbour- lemon Eino Natangwe was arrested on Act. neighbours, the man shot the dogs out was arrested shortly after the incidenthood after he shot a dog in plain sight the scene of the incident. “The suspect The man also killed one dog and of spite because his wife dotes on the and a nine-millimetre pistol he used to now faces charges relating to the Arms wounded another while shooting at the them. According to Iikuyu, the incident shoot the dogs was confiscated,” said Iikuyu. UBI CARITAS GRAVESTONES 1 Parsons Street, Southern Industrial, Windhoekwww.informante.web.na Tel: +264 61 305 669 ● +264 81 127 2864 061-275 4716 / 4715 / 4714 / 4713 Fax: +264-61 308 357 - E-mail: [email protected] for a catalogue Photo Gallery of gravestones on our website: www.ubicaritasgranitenam.com

4 NEWS 08 March - 14 March 2018LAEWGAARL DSSHIBEULRDSARIESOverN$900000 inbursariesawardedoverthelast16years swSKweaawtatiemmargpaesWINDHOEK- Legal Shield Maria Davidhas once again awardedN$60 000 bursaries to two ONGWEDIVA- Learners at Ngwezedeserving law students cur- Primary School at Katima Mulilo in therently enrolled at the Uni- Zambezi Region are at direct risk ofversity of Namibia. contracting waterborne diseases after the school was flooded due to a deterio- Staff Reporter rating sewage system at the town.The beneficiaries, Bernice Keet and HELPING HAND: : (left to right) Annette Brand: Head: Trustco Insurance, Julia Nampweya, Bernice Keet and Kevin Katima Mulilo spokesperson, MuyobaJulia Nampweya each received N$30 Anderson: COO: Trustco Insurance.  Photo contributed Muyoba, said the issue of sewage000 bursaries and additionally re- flooding at the town started in Decem-ceived employment opportunities at possess qualities of competency and Beukes said. Nampweya expressed for her school. With the bursary, she ber last year after several water pumpsTrustco Insurance upon graduating. consistency. her gratitude for the award. She said said she is now motivated to work connected to the sewage were blocked. that the journey to obtaining quality even harder to achieve her goals of He added that not only did the flood- The Head of Claims at Trustco In- “I would not have been here today education is often hampered by the being a lawyer. ing affect town residents, but also thesurance, Kevin Anderson put tremen- if it was not for Trustco Insurance lack of basic funds and resources, Ngweze Primary School.dous emphasis on the importance of and Legal Shield that took my hand adding that it is because of entities Trustco Insurance, through itscapable and experienced legal prac- just as I was about to drown. I prom- like Trustco Insurance that quality of flagship brand - Legal Shield has Muyoba, however, said that the situa-titioners within the Namibian legal ised Trustco when I gave my bursary education is possible. awarded in excess of N$900 000 tion at the school is out of the council’sframework. “Grasp the opportunities acceptance speech in 2008 that I in bursaries over the last 16 years, control and put the blame squarely atthat you have been given. Get a solid would not disappoint them and that Keet maintained that she had to building the foundation for aspiring the doorstep of those who built theacademic grounding together with I would do my part to help others,” temporarily seek various jobs to pay students. school several years ago. “Those whoa balanced approach that will only build the school wrongly connected thestand you in good stead to be a valu- main pump to pipes which take water toable member of the legal community the sewage,” said Muyoba.in the future,” Anderson said. He has, however, assured parents To date, a total of 39 students with children at the school that theirhave benefited from the financial technicians have advised that the schoolassistance provided by the Legal consults the Works Ministry to rerouteShield bursary. Speaking at the same the sewer line in order to solve theirevent, former Legal Shield bursary problem.recipient Florian Beukes, who is nowthe Managing Partner at Metcalfe “Technicians have been workingAttorneys, advised the recipients around the clock since the weekend toto be confident in themselves and rectify the problem. We hope it will be resolved this week,” added Muyoba.EXAMINATION BASED CONTACT CLASSES TIME: GROUP 408:00 - 08:40 SUBJECT NAME + SUJECT CODE COURSES08:45 - 09:15 English and Academic Communication Skills 1 EACS11 DJP; ACSE; ACPE; DES;09:20 - 10:20 DPPE; BESP; DSE10:25 - 11:0011:05 - 11:35 English and Academic Communication Skills 2 EACS12 DJP; DES; DPPE; BESP; DSE11:40 - 12:0512:10 - 12:30 Physical and Health Education BESP-PHE22 BESP12:35 - 12:5513:00 - 13:30 Life Skills 3 BED-LS311 BED13:35 - 13:5514:00 - 14:50 Life Skills 1 DE-LS11; DES-LS12 DES; DE14:55 - 15:4015:45 - 16:30 Life Skills 2 DE-LS12; DES-LS21 DES; DE16:35 - 17:0017:05 - 18:10 Religious and Moral Education DES-RME11 DES Arts, Music, Dance & Drama DES-AMDD11 DES Curriculum Theory and Practice 1 BESP-SCTP41; BED-CTA12 BESP; BED Curriculum Theory and Practice 2 BESP-SCTP42; BED-CTB22 BESP; BED Teaching and Assessment Mentoring 1 BESP-STAM41; BED-TMA12 BESP; BED Teaching and Assessment Mentoring 2 BESP-STAM42; BED-TMB22 BESP; BED School Leadership and Management 1 BESP-SSLM41; BED-SLA12 BESP; BED School Leadership and Management 2 BESP-SSLM42; BED-SLB22 BESP; BED Reading Support and Literature BESP-RSL42 BESPVENUE: IOL REGIONAL OFFICESMODE OF PRESENTATION: MICROSOFT LYNCDATE: 10 MARCH 2018 Contact us today for more information: Call Centre +264 61 270 9100 • Email: [email protected] • Website: www.iol.na

08 March - 14 March 2018 NEWS 5 Police lacks transport to attend to complaintsEPUKIRO POLICE FLOUNDERSWINDHOEK - Residents of the Epukiro and Apparently a shop in AminuisAminuis Constituencies in the Omaheke Region was broken into three times thisare complaining about poor service from the year alone, but the matter waspolice. never attended to until recently because of a lack of police Marthina K Mutanga stressful situation that needs to presence. FAILURE: Photo for illustrative purpose. Photo contributed be addressed very soon.They claim the police stations The constituency leadership there only operate from “I had to release a vehicle met last year in Onderombapa08h00 to 17h00 and are closed from the constituency office to resolve the issue, but nothingover weekends. They further to help transport the police to came from the meeting. In fact,claim and there is only one po- crime scenes or transport bod- said the councillor, the situationlice vehicle to attend to all the ies of those that lost their lives worsened.crime activities in the region. due to crime incidences,” said Kanguatjivi. Spokesperson of the Namibian Epukiro Constituency Police, Deputy CommissionerCouncillor, Cornelius Vejama The police is only able to Edwin Kanguatjivi acknow­Kanguatjivi, said this is a very transport suspects that are ap- ledged having been informed pearing at the court in Otjinene about the problem, and said he and transport them back again. requested the councillors to put their complaints on paper. Hanse-Himarwa to High CourtHave a story you want to share? Or book an advert with our marketing department? appointed on the Board of the Eba Kandovazu Mass Housing, responsible for assigning land to benefi- Contact ciaries. It is alleged that upon NumberWsINDHOEK- The corruption case of Education Minister, receiving the list of benefi- ciaries, she directed the board EditorsKatrina Hanse-Himarwa, Nghidipo Nanghoaslobeen transferred to the to list Justine Gowases and a Editor-In-ChieWf indhoek High Court, the certain Christiana Hansen, her Tel: 061 275 4726Prosecutor-General decided. relatives, as legal beneficiar- Email: [email protected] a brief appearance ies. Merja EIidlietokraKbeaftorrineaMKarguigsetrraitne Anna- Her lawyer, Sisa Naman- CALL OUR SALES a court dje, in absentia wrote a letter EXECUTIVE TODAY! News confirming that he will be Tel: 061 275 4719filled with supportive family representing the accused and Mandy Email: [email protected], Hanse-Himarwa that he has acquired relevant Ockhuizen documentation from the ReporterawspapseianrfionrmtheedHthigaht she should prosecution. Hanse-Himarwa Sales Executive Court. The is expected to appear on 21 June for a pre-trial conference • Tel: 061 275 4715 Eba Kandovaczhuarge of contravening Sec- • Email: [email protected] News Reportertion 43 of the Anti-corruption Tel: 061 275 4724Act levelled against her stems Hafunda KamatiSUSPECT: Education Minister, Katrina Hanse-Himarwa.  Photo conTANterleii:bwl0uis6tI1Rei2ldeo7p5no4rgt7e2arefs3rhrTonemhowertaoShsfteagtpthoeeevraeHilorlanedrgodserha,spesthhwReaeatwgswiagohsonivl.e- in the High Court, where trial Marthina Mutanga dates will be determined. Sales Executive Deputy Prosecutor Anita • Tel: 061 275 4713 Meyer prosecuted. • Email: [email protected] strikes Multimedia Journalist Nathanaelon farm near HeitaOmaruru Tel: 061 275 4717 Sales Executive Niël Terblanché dren, who range in age Zorena Jantze WHOLESALE/RETAIL: ANDROID PC TABLETS, CELLPHONES, PS3 AMD XBOX 360 GAMES & ACCESSORIES from ten to the youngest • Tel: 061 275 4714WALVIS BAY- Parents who is younger than Business & GUTENBERG STR. AUSSPANNPLATZ - 061 260370. R+R IMPORTERS KHOMAS GROVE MALL KHOMASDAL - 061 250132 • Email: [email protected] a little boy made two, anywhere. They Entertainment Reportera dreadful discovery started searching and NEW Matthewon the banks of the soon other workers HaveTaels:t0o6r1y2y7o5u4w72a1nt to COMPETITION CastlemanOmaruru River late on helped them to look sohuarrem? aOMrrkaebtoriionakg aDdneapavadirvdtemrtewntit?hTuesday afternoon when for their children. The Win a Ulefone Armor 2S Sales Executivethey went searching for search party made the Northern Reporter Made for Namibiatheir children after work gruesome discovery • Tel: 061 275 4713and found him dead. about a half an hour ContactTel: 065 233 300 IP 68 water and • Email: [email protected] later,” he said. NumbersNiel Terblanché According to the Re- dust resistant; Ivy Mbahagional Crime Investiga- The parents found Coastal Reportertions Coordinator of the the lifeless body of Tel: 064 212 000 5” Full HD, FinancialNamibian Police in the their little boy stuck AdministrativeErongo Region, Deputy in the branches of Editors Sharp, IPS,Commissioner Erastus bushes growing along NgMhiadirpkoeNtaenrgsolo AssistantIikuyu, the parents found the banks of the river. OGS, Gorillathe body of their little According to Iikuyu, TEemErCTaTsOedileli:Oi:latn:[email protected] • Tel: 061 275 4711boy, Uvanga Ujenenisa the three other children [email protected] Glass screen; • Email: [email protected], who was were found unscathedonly a year and ten soon afterwards where News Editor Android 7months old, entangled in they were hiding inbushes on the banks of another clump of bushes RTeila: 0a6n1 2S75te47y1n9 1.5 Ghz UlefNPon$Re3IAC5r0mE0oSr 2Sthe river. from the thunderstorm Quad Core near where their young SaElmesa&il: [email protected] processor; 2gb UleNfo$n5e 3A0rm0or 2 The parents live on the sibling drowned. Ram, 16gb memoryfarm and went to work ReportersTel: 061 2754716in the morning, leaving Iikuyu said the incident [email protected] See R & R Importers ontheir four children at occurred on the farm Facebook for more specs.home. According to a Otjiua, which is situated MEabnadKyaOncdkohvuaizzuenpolice officer investigat- about 30 kilometres TO ENTERing the case, the parents from Omaruru on the SNaelwessERxeepcourttivere Tell us what is your favourite thingtold them that it started way to Kalkfeld. He TTeell::00661122775544771254 about the Ulefone Armor 2S?raining heavily at around added that the police [email protected] SMS RnR followed by17:00 on the farm. will continue with its investigation after a post Aili Iilonga your answer to 777. SMS chared at N$2.50 “When the parents mortem examination HafNuewnsdRaepKoartmer atireturned to their house of the little boy’s body Stay tuned tofrom work they could has been done in Walvis TSeal:le0s6E1 x2e7c5u4t7iv2e3 and follow R & Rnot find the four chil- Bay. Tel: 061 2754713 Importers on [email protected] for more information. MNuaTSltetailhml:e0aes6ndE1iaxa2ee7Jco5luuH4tri7nev1aei7tliast NZaTotehrlB:aeu0nns6aia1enl2ehJ7s@a5s4tn&g7th1z4.nea Entries close on the 2nd of April and the winner will be FEinntaenTrIectvail:aiy0nl 6AmM1de2mbn7t5ianR4hise7atp2r1oarttiveer announced on the 5th of April. T's and C's Apply. MTeal:Ar0si6sai1s2Dta7a5n4tv7i1d1 NorIvthyMer@n tRgehp.noarter Tel: 065 233 300 Matthew Castleman NiSealleTseErxbelcautnivcehé CToeal:s0ta6l1R2e7p54o7rt1e3r MTaetl:[email protected]

6 NEWS 08 March - 14 March 2018 RETRO­ SPECTIVE NGHIDIPO NANGOLOAfrican unity is stilla pipe dreamTHE Panel of the Wise of the African Union (AU) PIC OF THE DAYhad its 18th statutory meeting in Windhoek this weekunder the chairmanship of former President Hifikepu- Quezon City, Philippines; A dove flies over fire-damaged homes in a slum. More than 150 shanties were razed in the blaze, leaving 500nye Pohamba, talking about elections, unity, peace families homeless. Photograph: Xinhuaand security on the continent, and, surprisingly, therewas nothing new nor action. THEORY OF INTEREST DESMOND P VAN HEERDENIt was not a surprise that calling for efforts to addressnumerous conflicts and crisis situations was not IT WAS THE BEST OF TIMESbacked up by any concrete and pragmatic mecha-nisms to end wars and rebellions on the continent. If you open a newspaper today, or browse is the most peaceful period in world history! tancy was about 25. But science marchedThe meeting might have been a vacation or an excur- Facebook, open your favourite news site Aids was once an automatic death sentence. on. We’ve increased agricultural output,sion for the elite of the AU and partners to converge or even turn on the television news, chanc- But thanks to antiretrovirals, HIV patients and significantly reduced death by hunger.in Namibia after claiming hefty travelling allowances es are you’ll see stories about death and can now live decades past their diagnoses. Advances in medicine have enabled us toand snoozing in luxurious hotels. The best they did mayhem, corruption and crime, and oth- The global rate of HIV infections have emerge victorious against most parasiticwas to thank each other for attending. er terrible and depressing events. What dropped by 25% since 2001. And access and infectious diseases, with diseases likeThe AU might have tried to prevent and mediate in is the world coming to? It seems as if the to these life-saving drugs have increased polio almost wiped out. The average lifenumerous conflicts on the continent, but the real- world is getting worse by the minute, and 22-fold. Namibia has benefitted greatly expectancy in Africa is now at 60 years, aity is they cannot agree on how to create a rapid there’s nothing anyone can do to stop it. from antiretrovirals, especially its effect 50% increase in 45 years. And while Na-peace-keeping force without the help of the UN, EU But is it really? We are now living in the of reducing mother-child transmission of mibia bottomed out with the Aids epidemicand other partners. Conflicts, old and new, continue information age, and our consumption of the virus. There are young people in Na- in 2001 with a life expectancy of 54 years,unabated, and thousands of women, children and news has also increased as a result. A re- mibia walking around, working, starting we’re now back at 65 years. Betweenelders are killed daily, some for just demanding their search team from the University of Southern families and seemingly completely healthy 1840 and 2007, life expectancy world-rights to a dignified life. Our leaders are more pre-oc- California crunched the numbers, and we who have had HIV for their entire lives. wide increased by one year every threecupied with consolidating their powers to rule for life now know that in 1986, we received about Even leprosy, the old biblical disease, is years, and it shows no sign of stopping.and amending their constitutions whenever they want. forty 85 page newspapers worth of informa- now easily treatable, with worldwide cas- We are actually living in humanity’s gold-Peace, security and unity have eluded Africa for more tion each day. By 2007, this had skyrock- es having dropped 97% since 1985, with en age. People sometimes have so little tothan half a century since the inception of the Organ- eted to 174 newspapers per day. Perhaps a 2020 target of eliminating the disease. complain about, that they’ll invent newization of African Unity (OAU), the fore runner of it’s not the world that is getting so much We are also conquering poverty. In 1981, things to be upset about – and if that’s notthe African Union (AU) because our leaders have bleaker – it’s just that we receive so much 70% of those in the developing world sub- a glowing endorsement of how far we’vemerely talked about it for decades without pragmatic more information now than in the past! sisted on the equivalent of less than $2 a come, I don’t know what is. So remembersolutions. The biggest omission in looking for peace Good news seems like a thing of the past. day, and 42% had to manage with less than next time you read or watch the news, andand security is the lack of political will to enforce the People love to blame the media for the $1 a day. Today, 43% are below $2 a day browse Facebook, or visit a website – thepeer-review mechanism, because individual countries plethora of negative news. Claims range and 14% below $1. From 1990 to 2012, world is not as bad as it seems. And if some-are caught up in the geo-political interest of powerful from journalists seeking out bad newscountries. They cannot even agree with their imme- since it is more compelling to the audi- worldwide poverty was cut in half. Never one tells you things were better ‘back indiate neighbors on trade or economic cooperation ence, to the fact the cynical reports on before in the history of the world have so the old days,’ you can laugh. The world iswithout asking for the green light from their handlers. crime and corruption are simpler stories. many people been lifted out of poverty in better now than it has ever been, and I can-African pioneers of unity, Nkwame Nkrumah, Haile But the truth, alas, is a bit more complex. such a brief stretch of time. In 2016, for not wait to see where we’ll go from here.Selassie, Julius Nyerere, Idi Amin (before he went Researchers at McGill University in Canada the first time in human history, the per-berserk) , amongst other, must be turning in their devised an experiment whereby people were centage of the world population living Desmond P van Heerden, HonsBCommgraves, because what they fought vigorously for to select news stories to read under the guise in extreme poverty dropped below 10%. (Stell) is the Chief Analytics Officer ofhas turned to goose egg. With more meetings where of tracking eye movement. And while the And we’re also living longer. In 1810, the Trustco Group Holdings Ltd. Previous arti-everybody just talks shop continuing, Africa will participant afterwards reported that they pre- life expectancy worldwide was below 40. cles available online at http://toi.hopto.org/.remain divided if the status quo remains. What our ferred reading good news, the study showed In Africa and Asia, the average life expec- He can be contacted at [email protected] say has no bearing on actual situation on the that they invariably chose negative stories.ground despite pressing issues such as the colonial It is, in fact, us that have trained the mediaborders that has caused so much misery, but can be to report bad news, simply by respondingblurred by comprehensive multilateral trade links and more to negative tones. These researcherscommon monetary, foreign and defense policy. suspect this is linked to our ‘negativity bias.’Africa will remain underdeveloped if she’s waiting As a species, we’ve evolved to react quick-for someone else to solve her problems, and the AU ly to potential threats, and we still seek outshould better act now or remain obscure in decades to signals of a bad situation we should avoid.come. People generally have more to lose by not learning about a negative event than they• Newspaper registration: 06/01/119 have to gain from absorbing a positive one.• Printed by Word Press, Windhoek, But some good news de- serves to be brought to attention. Office +264 83 100 1000 The world is not as violent as it seems.• 260 000 copies distributed monthly to all major Namibian While there’s a lot more news about wars, the world is currently in the longest period towns ­ of peace ever seen. No major powers have• Headquarters: Trustco House, 2 Keller Street, Windhoek, clashed since World War II, and even the wars we have now would be classified as Namibia skirmishes in times past. Global violence has• Contact: Tel. 061 275 4102/8 Fax. 061 275 4090 Email. declined steadily since the end of the World Wars. Instead of causing us to become more [email protected] violent, the modern world and its cultural• Electronic: www.informante.web.na institutions has made us much nobler. This EDITORIAL DISCLAIMER• The newspaper’s views are not necessarily those of our advertisers and the views aired in letters are not necessarily those of the newspaper.• Informanté publishes all advertisements in good faith and cannot be held liable for any misrepresentation, losses or injury to any reader making use of the products or services advertised.

08 March - 14 March 2018 EDITORIAL 7 www.informante.web.na Flipsidefacebook.com/informantenam CHRIS JACOBIE Find the Step NAMIBIA is relentlessly on the march to nationhood, but will not make headway if too many factions, institutions, the private sector and government are not in pace with each other. When too many are still out of step, Namibia will miss the destination of improved service delivery, the creation of wealth and the battle against hunger and poverty. What Namibians know is that constitutions don’t keep the peace and budgets don’t pay for dreams, but sheer effort, trust and belief in the common good and a mindset of self-sacrifice that can be demanded at any time, will. Most Namibians – including the private sector – do not enjoy complaining and exposing bad administration, bad leadership and corruption. Only a pig enjoys rolling in its own mud. It is frustrating and embarrassing to see the best of intentions fail and the best plans derail, because of a lack of will and a selfish interest of factions. There is no pride in being the bearer of bad news about a society of which all are a part. It is also an issue of credibility. Honour is also at stake when the same promises are repeated until it must sound hollow to even those that make it or sabotage their own good intentions in a pursuit of self-interest. Those who enjoy to hear about the misfortunes of others are only a few, who only find comfort in the knowledge that there are others in more difficulty, make bad choices, and those that also have no compassion. Namibians can, however, not aim higher if they are brought under the impression that they have achieved most, if not everything they set out to achieve with independence. Independence without freedom is slavery by another name. The good, the bad and the ugly must be exposed relentlessly so that people know and can experience the difference. If gang-style criminal operations continue and are settled in gunfights in the crowded streets of the less-affluent suburbs of Windhoek, it is reason for concern. The silver lining of citizens’ cooperation in curbing serious crime is little comfort for those who witness the most vicious of domestic violence that sometimes ends in a murderous rampage at neighbours’ houses, and said nothing. It seems that what is built up with the one hand is destroyed by the actions of the other hand. It is brave members of a community who supply information about the plans of an armed criminal gang that is not only known for their criminal enterprise, but also for violence. There is something seriously wrong and out of step if the public cooperates with the police and the police cooperates with the public, but criminals, who are a menace to society, are roaming free, because of the perception that perpetrators must get a second chance while their victims had no chance. Tension is building in the Namibian household and only the foolish, the arrogant or both will continue to ignore the signs. Differences will not disappear on their own and time does not always bring its own solutions. Namibians are out of pace, because clearly the scores of the Swapo Congress are far from settled and just took a different shape. Sadly, the congress is also abused for political convenience and serves as an amnesty for those who do not enjoy public support, but a belief in their own misguided popularity by personal cheerleaders who are not honest advisors and also not true comrades. When a Swapo coordinator in the North is being investigated and arrested twice for cattle theft, only to see charges against him dropped, Namibians are told that is because he supported the wrong candidate during the Swapo congress. The investigators must now be investigated before something seriously goes wrong in a community where cattle are more than food and represent more than wealth, but is a sign of pride and achievement. The supporters of a minister charged with alleged corruption and a separate charge for domestic violence hint that she became a target because she supported the right candidate. Both cannot be right. When there is abuse of politics, it is just more evidence of a nation marching out of step. It results in leaders who are out of step with their communities and ministers who are out of step with the president, as appointing authority. It is not a national march towards transformation, improved service delivery and good administration, but an aimless wandering through the desert where a waterhole will only be discovered by pure accident. The national mood is not healthy. The Namibian patient is still stable and peaceful, but far from healthy when it becomes a crime for a member of parliament to own a farm and a house and declared the fact. There is a difference in pace, and leadership should march in step with those they represent and also ensure that they are in step with what the future demands. Progress is a revolution and hopefully never ending.

8 BUSINESS 08 March - 14 March 2018BUSINESSMARKET RECAP WEEKLY market review PRIVATE SECTORBusinesses lack desire to expand 28 February to 6 March 2018 CREDIT EDGES UP NSX STOCKS CODE PRICE % VOLUME VALUE MARKET CAP TRUSTCO GROUP TUC/TTO 9.00 11.39% 418 3 717 7 479 HOLDINGS LIMITED 9 315 1 591 NAMIBIA BREWERIES NBS 45.00 0.02% 621 27 470 106 ORYX PROPERTIES LTD ORY 20.40 - 5 53 136 NICTUS HOLDINGS - NAM NHL 2.00 - - - 564DOWN UP NAMIBIA ASSET NAM 0.69 - 375 259 109 MANAGEMENT LTD 151 12 475 STIMULUS INVESTMENT SILP 121.29 - - - 9 290 LIMITED 1 651 NIMBUS INFRASTRUCTURE NUSP 10.50 - - - LIMITED AGRA LTD AGR 1.48 - 12 18 FNB NAMIBIA FNB 46.55 (0.11%) 1 65 HOLDINGS LTD CAPRICORN INVESTMENT CGP 17.97 (0.28%) 100 1 806 GROUP BIDVEST NAMIBIA LTD BVN 7.79 (0.64%) 203 1 578 COMMODITIES PRICE % GLOBAL INDICES PRICE % NSX LOCAL 631 (0.08%)BRENT CRUDE OIL 65.50 (1.70%) NSX ALL SHARE GOLD 1 340.40 1.65% JSE TOP 40 1 460 0.21%PLATINUM 971.30 (1.42%) S&P 500 51 722 0.40% UK FTSE 100 2 728 (0.59%)FOREIGN EXCHANGE PRICE % EURO STOXX 50 (1.86%) HANG SENG 7 147 (2.90%)N$ PER US$ 11.76 0.31% 3 158 (2.42%)N$ PER £ 16.36 0.37% 30 511 N$ PER € 14.54 1.43%The local market was quite active this managed a third place in volume, with WINDHOEK - Private sector credit extension (PSCE) ently since mid-December andweek, with the NSX Local index down N$1.8 million worth of shares traded. increased by N$344.0 million or 0.38% month/month although average repos decreased0.08% at 631, and the NSX Overall The local currency lost 0.31% against in January 2018, bringing cumulative credit to N$90.6 from N$726 million in DecemberIndex up 0.21%, to close at 1460. As the US Dollar, to close at N$11.76 billion . to N$644 million for January, theat 6 March, FNB Namibia was the per USD, and lost 0.37% against the use of the facility is an indicationlargest local company on the ex- British Pound, to close at N$16.36 per Zorena Jantze 2.7% year on year in December. that commercial banks are facingchange, with market capitalisation of GBP. It closed at N$14.54 against the Installment credit extended to challenges in terms of liquidity.N$12.4 billion, followed by Capricorn Euro, a loss of 1.43%. This is according to the IJG PSCE corporates, which has been con- Giving their outlook on PSCE, IJGInvestment Group with N$9.3 billion, The Bank of Namibia released an Eco- statistics for 2018. On a year on tracting since February 2017 on an explained that growth in PSCENamibia Breweries with N$9.3 billion nomic Update for Namibia last week, year basis, private sector credit annual basis remained depressed, hit a freefall during 2017, slowingand Trustco Group Holdings with revealing that the country’s growth extension increased by 5.0% in contracting by 7.9% year on year with every passing month.N$7.4 billion. rate for 2017 is estimated at -0.6%, January, slower when compared in January.Trustco Group Holdings lead the a contraction, compared to growth of to the 5.2% year on year growth In addition the firm stated thatmarket with growth of 11.39% to close 1.1% in 2016. With the global economy recorded in December. From a roll- Leasing transactions to corpora- Household credit growth has beenat N$9.00 per share, with Namibia expected to grow by 3.9% in 2018 ing 12-month basis, N$4.3 billion tions contracted further in January outpacing corporates, accumulat-Breweries in second place, closing at and 2018, and growth in Sub-Saharan worth of credit was extended to by 7.6% y/y following the 17.2% ing 76% of the credit issued to theN$45.00 per share with growth of Africa expected to increase to 3.3% the private sector, with individuals y/y decline in December. Overdraft private sector in 2017. The skewed0.02%. In terms of volume, Namibia and 3.5% in that same time frame, stacking up N$3.6 billion worth facilities extended to corporates uptake in debt between individualsBreweries was in the lead with N$27.4 Namibia only expects growth of 1.4% of debt while N$596 million was increased by 5.3% m/m and 4.8% and corporates is said to be basedmillion worth of shares traded, with and 2.1% in 2018 and 2019. Risks in extended to corporates. y/y. on low consumer and businessTrustco Group grabbing second place Namibia remain the unpredictable confidence.with N$3.7 million worth of shares rainfall and low international uranium Claims on foreign private sector The overall liquidity positiontraded. Capricorn Investment Group prices. credit increased by N$119.3 mil- of commercial banks declined by “The meek uptake of credit from lion year on year. Credit extension N$1.2 million from N$3.1 billion a business perspective is moreLetshego profit up 17% to corporates increased by 0.3% on in December 2017 to N$1.9 billion concerning in that it displays a a month on month basis in January, in January 2018. The decrease in lack of desire from businesses Business Reporter in skills development and systems has slower than the 0.8% increase in the liquidity position is attributed to expand and invest in capital strengthened the organization’s opera- December. Year on year credit to periodic corporate tax pay- projects, in turn also hiring lessWINDHOEK – Letshego Holdings tional platforms and choice in access extension to corporates grew 1.7% ments made to Inland Revenue in people. The outlook for PSCE isNamibia recorded double digit growth in channels for customers. We endeavor to in January, one percent slower than January. largely dependent on the interestboth revenues and profits and exceeded deliver an exceptional level of customer the increase in growth from the rate landscape in South Africa,all financial projections that were in- experience by identifying opportunities IJG Namibia stated that the with BON expected to follow anycluded in the shares offered to the public. to grow our market share and enhance of Bank of Namibia’s repo rate rate moves enacted by the SARB,” our existing solutions,” Kali noted. facility has been utilized consist- IJG summarized. Its maiden Annual Results following itssuccessful listing on the Namibian Stock GROWING: Chief Executive Officer for NAMFISA invests in student internshipsExchange in September last year, profit Letshego Namibia, Ester Kaliafter tax increased by 17%, whilst total Photo contributed Business Reporter INTERNSHIP: NAMFISA Chief mibia, undertook a skills gap studyrevenues increased 14% year-on-year. Executive Officer, Kenneth Mato- that identified some critical skills WINDHOEK – In hopes of mola. Photo contributed needed in the financial sector. Letshego Namibia’s core business, bringing about capacity buildingthe ‘deduction at source’ borrowing in students, particularly in the are improved and the students Some of these skills includesolutions, performed well in 2017. financial regulatory environment, are able to experience first-hand risk analysts, investment manag-The bank realized a satisfactory 14% the Namibia financial Institutions the constant need for adaptability ers, actuaries and market researchloan book growth in this segment, up Supervisory Authority (NAM- and creativity required in today’s analysts to mention a few.N$305mn from N$2.1billion in 2016, to FISA) has inked a Memorandum world.”N$2.4billion in 2017. In addition, non- of Understanding with the Namibia The MoU between NAMFISAperforming loans decreased from 4.4% University of Science and Technol- Matomala added that NAM- and NUST focuses explicitly onto 3.9% due to better recovery rates. It ogy (NUST). FISA as an institution believes in the area of specific cooperation,also recorded a final dividend of N$19.20 capacity building for the Namibian which deserves increasing collabo-cents per share for the year payable to all The MoU is targeted in creating market, particularly in the financial rative effort in providing studentsshareholders. support to NUST students with regulatory environment, detail- with a high quality of educational Work Integrated Learning oppor- ing that in 2017, the authority, in experiences in work-based envi- Chief Executive Officer for Let- tunities. conjunction with the Bank of Na- ronments.shego Namibia, Ester Kali, commented,“Letshego Namibia is very much in the Speaking at the signing cer- Speaking at the occasion, theinvestment and growth phase of its jour- emony, NAMFISA Chief Execu- Deputy Vice Chancellor: Academicney, and as such, we are proud to report a tive Officer, Kenneth Matomola Affairs of NUST, Dr. Andrewpromising and positive first set of Annual said, “Internships have become a Niikondo said, “We are signingResults for 2017. This last financial year key component at many institu- this agreement as a joint statementwas significant in helping us build a tions of higher education. The of intent aimed at improving thelasting legacy through our inclusive IPO, value of internships have grown scale and value of work-integratedand subsequent successful listing on the in reputation over the years for learning so that Namibia can betterNamibian Stock Exchange”. several reasons. They are often meet the challenges and opportuni- considered a win-win situation for ties facing our economy and soci- Kali added that Letshego Namibia is students, universities and employ- ety. I want to assure you, NAM-committed to diversifying its financial ers. Working alongside a seasoned FISA management and staff thatsolutions to increase customer choice and professional allows students to we, at NUST, are fully committedexperience, reduce concentration risk and take on meaningful tasks with real to aligning our educational goals,increase income and growth potential responsibility. Technical competen- research objectives, and trainingthrough multiple channels. cies are reinforced, analytical skills strategies and programmes and services to best global practices “Namibia’s continued investment and standards.”

08 March - 14 March 2018 BUSINESS 9 Closing date for tax arrears amnesty ends on 11 March DBN relieves SME fundingTAX AMNESTY Zorena Jantze SMEs, the operation will be under-NOT IMPRESSIVE pinned by several layers of support, WINDHOEK - . SMEs usually particularly in the pre-applicationWINDHOEK – The Ministry of Finances tax amnesty incentive which was extended last depend on financial intermediaries, phase.year to 11 March 2018 has failed as only an estimated 10% has been collected in tax ar- particularly the commercial banksrears with the deadline for the amnesty period closing in. in order to obtain credit for their op- In the pre-application phase, the erations. The terms and conditions Bank particularly seeks to draw Zorena Jantze of loans are mostly tight. attention to the process of business planning.Expressing disappointment with WORRIED: Commissioner of Inland Revenue, Justice Mwafongwe. Giving some flexibility to thisthe poor turnout of individuals of Photo contributed sector, the Development Bank of Without a realistic and achievablethe initiative, the Commissioner of Namibia (DBN) has opened its business plan, Inkumbi stresses, theInland Revenue, Justice Mwafongwe are left with less than 4 days before to go to their nearest Inland Revenue SME centre in Windhoek and has applicant places herself / himselfstated that Namibians only coughed the programme comes to an end. office for registration to partake extended its financing functions to in a position of financial risk whenup N$460 million. A meagre sum in this initiative.,” Mwafongwe regional offices in Walvis Bay and borrowing. To this end, the Bankcompared to the total N$4 billion Therefore, I am encouraging tax- stressed. Ongwediva. has developed a business planowed to government in taxes. payers with tax arrears countrywide content guide which will be freely DBN CEO Martin Inkumbi stated available to potential borrowers. “The Government accepted the that the opening of these centers The Bank’s support will also extendrequest from the business com- will bridge the gap in financing left to advising on completion of ap-munity to have the first Tax Arrears by the closure of SME Bank. plications, and documents and certi-Recovery Incentive Programme be fication required for the application.extended and once we did that only Explaining the gap, Inkumbi We want our borrowers to have thea handful of tax defaulter that came said that while there is a financing best possible prospect of success,forth to participate. The outstanding ecosystem for SMEs in the com- Inkumbi adds.amount will only be established once mercial banking sector, there is athe incentive programme comes to an national imperative to finance SMEs OPEN FOR BUSINESS: Openingend,” Mwafongwe stated. that have lower levels of collateral doors for SME finance. Develop- availability, but still present a high ment Bank of Namibia CEO Martin He further warned taxpayers that degree of potential in terms of sus- Inkumbi at newly opened DBN SMEthere will not be further extension to tainability of the enterprise in spite centre in Windhoek.the programme. “I would like to use of perceived risk. Photo contributedthis platform to once again appeal toall individuals and businesses alike Perceptions of risk, he stated,that are in arrears with the Receiver might emanate from lower col-of Revenue to come forth and par- lateral availability, but also fromticipate in the programme and be tax establishment in centres with lowercompliant. The incentive program population figures, rural areas, andwill give taxpayers an opportunity in regions with lower economicfor a relief on penalties fully waived activities.and a 70% waived on the interestaccumulated over the principal debt” “One of the Bank’s socio-econom-Mwafongwe stated. ic purposes is to nurture inclusive economic participation through He added that the taxpayer may finance for previously disadvan-only pay the principal value in full, taged Namibians, including womenplus a 30% of the accumulated entrepreneurs. The Bank is alsointerests. Mwafongwe reiterated this using the vehicle of SME finance tomessage to individuals and busi- foster the interests of younger entre-nesses that are carrying any income preneurs, which it sees as the basisgenerating activities but not regis- for the future Namibian economy,”tered for tax to come and register. Inkumbi explained. “They too will be allowed to Talking about DBN’s SME financ-participate in the current incentive ing process, Inkumbi states thatprogramme. Further I am reminding DBN’s operation bears no relationtaxpayers who owe taxes that they to SME Bank. Contrary to specula- tion, the Bank has no intention to operate in the retail banking field, and views itself as a pure develop- ment finance institution (DFI). Talking about the day-to-day op- eration of the SME Centre, Inkumbi stated that although the output can superficially be seen as finance for Good cooks never lack friends so make sure you have enough seating available We will DEPOSITpay yourImage used for illustrative purposes only on selected Dining Room Suites In-store stock only Valid whilst stocks last or until 15 March 2018Windhoek Giga: 140 Mandume Ndemufayo Ave 083 331 3333/4 [email protected] Auas Valley: Bessemer Str 061 231 951 [email protected]: 54 Sam Nujoma Drive 064 405 411 [email protected] Bay: Theo Ben Gurirab Str 064 203 591 [email protected]: President Ave 067 220 561 [email protected]: Main Road 065 238 041 [email protected]

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08 March - 14 March 2018 ADVERT 11 9 March from 13h00 to 22h00 10 March from 08h00 to 15h30 Venue: Windhoek Gymnasium Hosted by Windhoek Gymnasium Private School International U/18 teams (Germany, Botswana, Zimbabwe, South Africa, Zambia & Namibia) Games by U/15, U/19 from Namibia schools. Entrance fees: Adults N$70, Children N$30 Food & drinks on sale Tickets are available at Webtickets and for sale at the gate.

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08 March - 14 March 2018 ENTERTAINMENT 13ENTERTAINMENTSPOTLIGHT ON“I want the youth to feel cool about their tradition” NEVILLE BASSONOVI TRAP CHIEF WINDHOEK – African art- Etse Penda? ists have been embracing the Southern American Etse mense , you are well aware of the subgenre of Trap music, recent explanation that the Minister and Namibia is no excep- of Defense gave on why he bought a tion, with artists mixing N$ 45 million farm for the Ministry Hip Hop Trap sounds that of Defence without the consent of pay homage to their tradi- Omeb? tional local music. Etse… is die man hoeka ernstig Zorena Jantze hapo? Die man se Omeb was te besig, so he bought the farm sommer huh?OVI TRAP: Ngaihape Mupurua commonly known as the Ovi Trap Chief.  Photo contributed Adapting this genre of music to Let me break down in his own words his mother tongue Otjiherero, what he said in parliament:”At thatAmber Rose Ngaihape Mupurua, commonly time offo the peches offo Oropokospotted in known as the Ovi Trap Chief, farm, His Excellency the President ofNamibian recently dropped his debut album, the Republiki offo Namibia, the headSwagger titled Ovi Trap Chief with songs offo State , ande the Commandingi such as Kurama, Radio and Ovo Chief offo the Namibian DefenceZorena Jantze Mua making waves on the Namib- force was notto briefed, due to his ian airways. heavy schedule. He has however nowWINDHOEK – Amber Rose, American mod- NAM FLAVA: Amber Rose wearing a fedora by Namibian brand, been plopaly bliefed!”el, actress, activist, and cultural icon recently LORD EMH.  Photo contributed Informanté recently caught upposted a selfie on her Instagram account wear- with the young artist and delved Vakwetu mense… can you believeing a fedora hat by Namibian brand, LORD into his music and aspirations. this? Omeb is probably still sit-EMH. This is a true indication that Namibian Coming from the Omaheke Re- ting there wondering:”Etse Penda,designer, Ennio Hamutenya’s hats are taking gion, Mupurua describes himself mati’ koha... ne aroba ti’da khei-saraoff globally and epitomising fashion. as a rural male by heart who grew disrespect!” No wonder Omeb is not up in the small village of Ot- leaving the country anymore lately… Amber Rose was particularly struck by the jombinde. dis mos gatvat daai etse! Decisionscraftsmanship and the story behind the burn on are taken when he is kamma busy.the brim of the hat. The hat’s trademark “The Mupurua who has been in the Botswana President probably invitedburn”, which covers approximately 10cm music industry for 10 years states him for a visit and Omeb said “neewidth of the back left corner of each head and that he is trying to break barri- kom jy hier!” CR17 was here lastsymbolises the Aawambo tradition known as ers by modernising his culture week … he wanted Omeb to visitEkala po lupale, which honours the Alpha of to encourage young Namibians him at Vilakasi Street at a Chisa Nya-the village or tribe. to embrace their traditions and ma, maar Omeb said “aye mfowetu... mother tongues through music. kom jy maar hier!” So Comrade Commenting on his success, Hamuntenya Penda, this is what I suggest youexplained that as a brand from a little known The Ovi Trap Chief album should have done before you boughtcountry, Namibia, LORD EMH is going to features songs which are mostly the farm.break down all barriers, change mentalities in Otjiherero, with Trap beats ac-and leave a legacy, adding that the brand is companied by auto-tuned singing Send a wattsap, it’s the easiest waynow available at Church Boutique in Los and Rap. you will know you told him. If youAngeles, one of the most celebrity-affiliated see the two blue ticks on your phone,Hollywood stores. Video versions of songs such buy the farm comrade! as Kurama, which has visuals showcasing a derelict village in Omeb is a strong Liverpool sup- the middle of nowhere, with blue porter… invite him over for a braai flames emitting from tires set at Oropoko. Let him enjoy a T-bone alight, and a striking video vixen steak while watching Liverpool moer- adorning the Ovahimba traditional ing United. If Salah scores, put the attire, bring a dynamic to his deed of sale in front of Omeb! He music that is appealing. can’t say he didn’t know. Mupurua explained that the song Send those 1000 troops who are was inspired by how adversity can on leave to State House to go toi- bring the human mind to its knees, toi there. Their placards must say adding that Kurama means Wait. ‘Osona base is too far from Wind- hoek, we want Oropoko, we want “Sometimes you have big prob- Oropoko, we want Oropoko!” Omeb lems, and sometimes you have might see the rational. Come on... small ones, but there should always Osona is mos further than Oropoko be moment when you can switch from Windhoek, in case our capital is off, and not let it affect your whole attacked, povii? existence. The rawness of the video brings across this message,” Make up a story that Jabulani of Mupurua explained. NAMVET Koevoet is training Castelo drinking fighters secretly at Okahand- Although Mupurua claims to ja, you need a monitoring base close be the Chief of Trap music, this by… sowaar comrade he will buy into genre of music is omnipresent the idea! in the Namibian music industry as artists such Kwahme Sankxra Pay a few unemployed guys at Oka- creates Hip Hop and Trap music handja to pose as game poachers at in Damara/Nama, Otjiherero and Oropoko… kamma, shoot them with Oshiwambo. red paint and take pictures of them lying dead. Tell Omeb they killed 20 Industry players are of the opin- Damara Dik Diks, sowaar… he will ion that as such, Mupurua can’t say yes to buy that farm. claim to have reinvented the wheel. So assamblief tog… all other min- While the Ovi Chief Album is isters reading this, follow the lead not the best album out there, Mu- of Comrade Penda if you want your purua’s mixing of the Otjiherero budgets to be approved… be creative language with Hip Hop tunes with your pitch to Omeb. creates for unique melodies whilst representing narratives of those that have walked the valleys of ru- ral villages to hardships faced by young Namibians in urban areas.

14 ADVERT 08 March - 14 March 2018Dear Stakeholders 07th March 2018RE: SURPLUS DISTRIBUTION UPDATE - RöSSING PEN- a portion of the surplus.SION FUNDThe Rössing Pension Fund Board of Trustees would like to provide Furthermore, members who retired in the Fund do not qualify as for-an update on the progress made thus far with the distribution of the mer members, as all such members or dependants of such memberssurplus of the Rӧssing Pension Fund. are in receipt of a monthly pension from the Fund and have received their share of the surplus allocation by way of the 14.0163% pension increase as from April 2012.In 2012, the Board of Trustees decided to distribute the Fund’s sur- • In order to determine how much of the actuarial reserve valueplus in the following proportions: (ARV) a former member left behind, the Fund Actuary needed the following minimum information: date of birth, date joined Total Surplus in March 2012 N$ 454, 266, 000 Fund, date left Fund, gender, pensionable salary when left Former members 15% N$ 68, 140, 000 Fund, full benefit received when left Fund before tax. Employer surplus account 33% N$ 149, 908, 000 Active members’ holiday reserve 2% N$ 9, 085, 000 Where any of this minimum information is missing, which is Active members 29.1% (each received 14.016% of N$ 132, 330, 000 the case for most employees who left before 1996, the minimum liability value) amount of N$5,000 has been allocated. Should a former member Pensioners 20.9% (each pensioner received a N$ 94, 803, 000 be able to provide all of the above minimum information, with 14.016% increase to their monthly pension, except documentary proof thereof (for example: Fund benefit statements for disability pensioners who received an active or Fund letters) then the former member’s surplus amount may be member allocation as per above) recalculated with a further distribution made of surplus due to the former member. A reserve has been set up for payment of an ad-NOTE: ditional amount on a first-come-first served basis should a former member be in a position to submit the missing documentation at aThe surplus distribution to the following recipients has been already later stage.distributed: For former members that have not registered as yet, you are encour-1. Active members (including disability recipients) were allo- aged to obtain the Fund’s registration form and register such that cated their individual amounts, the Principal Employer was your claim is promptly attended to it. If you have already registered, allocated its amount in the Fund, and all Pensioners (including please ensure that the Fund has your current bank account details, a spouses and children in receipt of pensions) who were receiv- certified copy of your id, proof that you are alive and your tax regis- ing a monthly pension in April 2012 received an increase of tration number. 14.0163% as part of their surplus apportionment for their long term benefit. This additional pension granted to Pensioners PAYMENTS PROGRESS TO DATE – AS AT MARCH 2018 increases annually as part of their pension with the declared First payments were facilitated late in November 2017 and the pay- annual pension increases. ment process is work in progress.In 2017, the Board of Trustees decided that the following criteria be Total Surplus for distribution 2018 N$ 122, 762, 108used to determine the allocation of the total surplus to former mem- (including investment returns added since March 2012) 9 837bers: Total claimants logged based on available RUL data Total estimated former members / could be claimants 10 000 >2. Individual allocations will be based on the difference between Total number of registered/logged former members’ 3 432 an estimate of the actuarial reserve value (ARV) of the former applications received to date member when he left the Fund and the benefit he was paid at Total number of claims verified and approved for 1 027 the time. This would mainly affect those former members who payment resigned or were retrenched as active members before their Total value of approved 1027 claims for payment N$ 20, 536, 889 elected retirement age and who opted to withdraw a lower cash thus far 576 value than the amount they could have transferred to another Total actual claims that have already been paid out 2 229 retirement fund; Number of logged claims still to be verified Total verified claims that are not eligible for pay- 1763. A reasonable but affordable minimum amount of N$5 000 per ment e,g. claimants are either current Fund pen- individual former member would apply; sioners; were never Fund members or left the Fund N$ 102, 225, 219 after 31 March 20124. A maximum value of N$50 000 per individual former member Total remaining surplus for distribution would be applied per employment term.All the above amounts will be reduced by 18%, being the ap- All unregistered former members are encouraged to submit theirplicable tax rate as per the directive obtained from the Receiver claim forms.of Revenue.Note that in terms of the Fund rules, former members are members The Board hereby request your indulgence during this cumbersomewho left the Fund before 31 March 2012, the date on which the sur- administrative process whilst the Fund is busy with the verificationplus was distributed, and where such former members have exited and payment of the eligible former member’s claims.by way of resignation, dismissal or retrenchment, or who retired andtook their full benefits out of the Rössing Pension Fund. Yours truly,In line with a legal opinion obtained, members who died in ser- Ismael Kasutovice cannot be recognised as former members, as a former mem- Principal Officerber needed to be alive at 31 March 2012 to qualify for receipt of

08 March - 14 March 2018 ADVERT 15 “Business does not change but an evolved approach could mean the di erence between success and failure.” DR QUINTON VAN ROOYENOTJIWARONGO Otiti ons is oppadeTnhterehpruerndeluersshoipf In Namoviebriacoamnde.h..ow toC’EST SI BON HOTEL | 15 MARCH 2018 | 18h30 | ENTRY FREE Broadcast LIVE on Mixed FM @qvr_ LIVE @trustco_group • #QVRFAQ105.9fm Otjiwarongo Quinton van Rooyen