Martin Inkumbi new GIPF CEO

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Former Development Bank of Namibia's (DBN) Chief Executive Officer, Martin Inkumbi, has been appointed CEO of the Government Institutions Pensions Fund (GIPF), effective January 15, 2024.

Inkumbi has over 26 years of experience in various sectors, namely banking, economic research, corporate finance, developmental finance, and business strategy.

Mariental Farmers Meat Market opened

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The Mariental Farmers Meat Market has been officially opened.

The meat market is expected to process 55,000 sheep in 2023 and 100,000 to 170,000 sheep in 2024.

By 2025, a full production capacity of 280,000 sheep is envisioned.

This, according to O&L Group CEO Wessie Van Der Westhuizen, will necessitate additional investments.

Since the resumption of commercial operations in October 2022, over N$75 million has been paid to sheep producers between October 2022 and June 2023.

Hunt for new Outjo CEO in its final stages

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The hunt for a new Chief Executive Officer to head the Outjo Municipality is in its final stages.

This was confirmed by the current CEO, Josef |Urib, who initially retired in December 2022 but was given an extension to run the council until a new top official is appointed.

|Urib's extended contract was done at the request of the local authority councillors, who opted to have him stay on for a smooth handover when a new CEO is appointed.

|Urib has served the council for over 25 years.

Albert Nicanor new NASCAM CEO

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The Namibian Society of Composers and Authors of Music (NASCAM) has appointed Albert Nicanor as its new Chief Executive Officer, effective August 1st, 2023.

NASCAM Board member Knowledge Ipinge lauded Nicanor, saying the new boss brings a wealth of inspirational and thought-leadership skills to the Collective Management Society.

RA CEO dismisses claims on awarding road construction tender to Chinese nationals

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The Chief Executive Officer of the Roads Authority (RA), Conrad Lutombi, has rubbished claims that he awarded the Usakos-Karibib road construction tender to Chinese nationals.

His response follows allegations that the company gives preference to foreign contractors at the expense of locals.

Lutombi addressed a media briefing in Swakopmund, saying the county will not compromise on the quality of roads by relaxing set requirements to make room for unqualified contractors, especially on high-traffic roads.

Mariental residents unhappy with brown water

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Mariental residents are complaining about the brown color of the water in the town, which they fear could pose a health risk.

According to Werner Von Watsdorf, a resident, the situation has been going on since the end of October last year. "We're dealing with a dirty drinking water situation; I'm not talking about slight cloudiness; I'm talking about dirty, unpurified, muddy water. Now, despite many meetings and discussions with the municipality and with NamWater, nothing has happened."

Namibia tackles unemployment

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The Namibian government is doing all it can to address unemployment, which has become a cause for concern.

The Minister of Fisheries and Marine Resources, Derek Klazen, says people are forced to live below the standard of dignity enjoyed by those who are gainfully employed.

Klazen made these remarks at the opening of the Men on the Side of the Road (MSR) office in Kuisebmund, Walvis Bay.

Klazen says the government is aware of many young people struggling to find jobs and thus finding themselves on the streets.

State Owned Enterprises' CEOs meet ahead of Public Enterprises Chief Executive Forum

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The Chief Executive Officers of State Owned Enterprises met at Midgard for a team-building exercise in preparation for the annual general meeting of the Public Enterprises Chief Executive Forum.

Issues discussed during the team-building meeting include the essentials of effective leadership, enhancing social relations, and defining roles within teams.

About 30 CEOs from various public enterprises attended the engagement.

Chairperson of the Public Enterprise CEO's Forum, Immanuel Mulunga, stressed the importance of CEOs comparing notes.

Deadlock in wage negotiation leads to strike threat at Keetmanshoop Municipality

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A strike is looming at the Keetmanshoop Municipality after wage negotiations reached a deadlock. 

Regional Coordinator for the Namibia Public Workers Union (NAPWU) in ||Kharas Region, Kleophas Katuuo told nbc News that municipal workers voted in favor of industrial action. 

This follows after the Labor Arbitrator issued a certificate of an unresolved dispute on January 30.

He accused the Keetmanshoop Municipality's management of having snubbed conciliatory meetings aimed at ending the wage dispute, leaving workers with no choice but to strike.

DBN and Namibia Trade Forum enter into agreement to finance manufacturing SMEs

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The Development Bank of Namibia in collaboration with the Namibia Trade Forum entered into an agreement aimed at financing Small and Medium Enterprises in the manufacturing industry. 

DBN and NTF are looking forward to enhancing the development and growth of SMEs by facilitating investment and market access. 

SMEs play a vital role in the country's economic growth through the employment opportunities they offer.

However, challenges such as lack of business training and access to finance are challenges that negatively affect their growth.