General News
Local development capacity strengthened
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- Waldo
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The Local Economic Development Agency (LEDA) in the Ministry of Regional and Local Government, Housing and Rural Development with the support of the German Technical Cooperation (GIZ) acting on behalf of the German Ministry for Economic Cooperation and Development hosted the fourth LED Pathfinder conference from 16t to 19 April in Windhoek.
In an overview of the conference outcomes, the Ministry of Regional and Local Government, Housing and Rural Development, said “In recent years, Local Economic Development (LED) has become a prominent element in Namibia’s development strategies. Taking into consideration the Vision 2030 and the National Development Plans (NDPs), local authorities and regional councils will bear greater responsibly to create an enabling environment for the economy to prosper, to generate employment and ultimately to improve the quality of life in the locality.”
Best company deadline looms
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There is only a week left before the cut-off date of 31 May for Namibian companies who wish to take part in the Deloitte and Touche“Best Company to Work For (BCTWF)”survey 2013.
According to Sven Thieme, Executive Chairman of the Ohlthaver& List (O&L) Group of Companies who walked away with the honours in the large business category in Namibia and the SADC region last year, the BCTWF is a strategic objective assisting the company to benchmark its employment practices against best people practices in the industry. It provides the company with an objective insight on how its employees perceive and experience the company, which gives the company the opportunity to improve and exceed employee expectations.
The competition aims to identify and celebrate the best companies to work for across southern Africa as rated by their employees. It is based on internal perception surveys conducted by the auditing firm with employees to assess staff perceptions on whether the organisation’s working climate supports business performance. The competition was launched in 2001 and extended to the SADC region in 2011and has attracted great interest from companies who wanted to determine how their employees view their performance on a variety of criteria. O&L has been participating in the survey since 2008.
Diversify faster - !Gawaxab
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- Nyasha Francis Nyaungwa
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The MD of Old Mutual’s Africa Operations, Johannes !Gawaxab has called for an accelerated diversification of African economies as growth driven by the extractive sector is unsustainable given the finite nature of extractive resources.
!Gawaxab, who was one of few Namibians that attended the recently ended World Economic Forum on Africa which was held in Cape Town, South Africa, said economic diversification should include development of such sectors as financial services, transport, communication, agriculture and trade as they have proved important in adding value, creating jobs and contributing to economic growth.
He said: “Financial market development is important to improve our competitiveness as a continent. However, most countries lack scale and additionally need to improve the rule of law, enhance policy and regulatory certainty and predictability, promote innovation and engineer new models and paradigms for financial services to be a catalyst for growth. Financial services in this regard refers to savings, credit, payments and insurance.”
Vote for Ambassadors
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Namibia Breweries has announced that voting lines for the Windhoek Lager Ambassadors are open and the public is invited to choose their favourite in each of the seven categories comprising education, community, sport, health, science & technology, business, conservation and the arts.
Jacquiline Pack, Senior Brand Manager at NBL elaborates: “The voting lines are open and consumers can vote on facebook (facebook.com/windhoekbeer) for their top Ambassador in all seven categories. Or they can vote via SMS, by sending through their top Ambassador in each category’s number to 75050. Each nominee has a specific number. She asked voters to consult the press or visit the mobisite (windhoekambassadors.mobi) or website (www.windhoekbeer.com.na), for detail about the nominees and the voting process.
Consumers can only vote once per category and by voting they stand a chance to win two tickets to the prestigious gala event on 19 June in Windhoek. Winners will be drawn randomly from the data base through an audit process. Pack advised that voting closes on 10 June 2013.
DBN CEO position advertised end of May
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- Nyasha Francis Nyaungwa
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The vacant CEO position of the Development Bank of Namibia (DBN) will only be advertised at the end of this month, board chairperson, Eliza Angula has said.
The Chief Eexecutive Officer position has been vacant since former CEO, David Nuyoma left the bank to become CEO of the country’s biggest pension fund, GIPF, at the beginning of this year
The Head of Lending for the past two years, Martin Inkumbi was catapulted to the Acting CEO position of the Development Bank of Namibia at the beginning of this this year as a stop gap measure for a period between six months and 12 months, but five and a half months into the job, advertisement for the position has not been done.
