Smooth transition comforts industry

Unity urged
Tributes to late President Hage Geingob from various economic sectors in Namibia have been pouring in since the leader's passing.
Jo-Maré Duddy
The Construction Industries Federation (CIF) and the Namibian Employers Federation (NEF) yesterday applauded the smooth change in leadership following the death of President Hage Geingob early Sunday morning.

President Nangolo Mbumba, former vice president, was sworn in as the Head of State Sunday afternoon, while Netumbu Nandi- Ndaitwah, former deputy prime minister and international relations minister, became Namibia’s new vice president.

“As a Namibian, I am proud to see - despite the very difficult circumstances - how calmly the transition was,” said CIF president Nico Badenhorst. “This is bravery in trying times,” he added.

NEF president Elias Shikongo expressed the Federation’s “sincere gratitude for the leadership of our Cabinet for ensuring that the change in leadership ran smoothly, and that Namibia is not without a captain”.

The NEF is thankful that Mbumba “so gracefully has accepted the presidency of Namibia, to build on the work of his predecessors until Namibia’s next elections”, Shikongo added.

Badenhorst said Namibia can applaud its leadership for remaining focussed and for ensuring continuity.

The NEF and the CIF wished both Mbumba and Nandi-Ndaitwah courage, strength and vision to lead Namibia.



Unity

Namibians should unite in preserving Geingob’s vision of a better, more equitable future for all, the Mineworkers Union of Namibia (MUN) yesterday urged.

“Together, we shall carry forward the torch of his legacy and work towards a nation that reflects the ideals and aspirations to which he so passionately devoted his life,” MUN general secretary Filleppuss George Ampweya said.

The Union recognises the “profound impact” of Geingob’s policies and initiatives in advancing the rights and well-being of the working class, Ampweya said.

“His legacy of advocating for labour rights and social justice has left an indelible mark on our society,” he added.



Employers

The NEF mourns the loss of a leader “who was at the forefront of sculpturing our democracy”, Shikongo said in a statement yesterday.

Paying tribute to late President, Shikongo said Geingob was not only was the chairperson of the committee that drafted Namibia’s Constitution, but he also continuously emphasised the separation of power between the executive, the legislative and the judicial branch of government.

“Namibia today can still proudly present itself as a peaceful and stable country. Democracy, stability, functioning systems and procedures, freedom of the press – these are all prerequisites for a vast country with a small population, like ours, to attract investments.

“This is part of Dr Geingob’s legacy. He took the lead in establishing the right conditions for investment and he took it upon himself to personally create linkages and networks and to meet international investors, at home and abroad,” Shikongo said.

He added: “Namibia is a constitutional democracy due to the persistence and resilience of Dr Geingob. This can ensure us as Namibians and as employers that the peace and calmness will prevail, so that we all can be strong and deliberate in contributing to our country’s economy.”



Construction

It is the responsibility of every Namibian to continue to build on Geingob’s legacy of peace and stability, which can be achieved through focussed efforts, collaboration and a bravery to forge forward for economic success in the interest of every Namibian.

The CIF said the late statesman steered the country through difficult economic times and was relentless in including everyone in the Namibian House and maintaining peace in the country.

“His emphasis on democratic principles, for better or worse, must be respected. He built an exemplary foundation that demanded hard work and delivery,” Badenhorst said.

“With continued focus and perseverance, we Namibians are strong and brave to materialise the economic opportunities that have been created under his leadership,” he added.



Investment Board

The Namibia Investment and Development Board (NIPDB) described Geingob as “a leader whose unwavering bravery and profound love for his nation left an indelible mark”.

“His sacrifice, fighting for the betterment of Namibia until the very end, showcases his dedication to the well-being of his people,” the NIPDB said in a message of condolences in its Facebook page.

“May his legacy of service and commitment be a source of strength in the days ahead,” the NIPDB said.



NSA

The Namibia Statistics Agency (NSA) is mourning “a leader who tirelessly championed the principle that everybody counts, and that no one should feel left behind”.

NSA chairperson Salomo Hei said the late President leaves behind a legacy of compassion, inclusivity and a commitment to the well-being of every citizen.

“His dedication to creating a society where every individual is valued and considered has left an indelible mark on the hearts and minds of the people,” Hei said.

The NSA had the privilege of witnessing the late leader’s “unwavering dedication to the principles of inclusivity, justice, equality and unity. His leadership was marked by a vision that transcended political boundaries, emphasising the importance of a collective effort to build a better future for all”.

“During these challenging times, we stand in solidarity with the nation as we navigate the complexities of grieving,” the NSA said.



Tourism

The Hospitality Association of Namibia (HAN) expressed its deepest condolences with the country as it mourns the loss of Geingob.

“Independent Namibia has lost one of its pioneers, who served this country until the end,” the HAN executive said in a statement.

“Let us as Namibians join hands to ensure that together we steer our nation through this difficult time,” HAN urged.

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Allgemeine Zeitung 2024-04-13

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LaLiga: Real Betis 2 vs 1 Celta Vigo SerieA: SS Lazio 4 vs 1 Salernitana European Championships Qualifying: Plymouth Argyle 1 vs 0 Leicester City | Swansea City 3 vs 0 Stoke City | Hull City 2 vs 2 Middlesbrough | West Bromwich Albion 2 vs 0 Rotherham United | Ipswich Town 0 vs 0 Watford | Birmingham City 0 vs 1 Cardiff City | Bristol City 5 vs 0 Blackburn Rovers English Championship: Plymouth Argyle 1 vs 0 Leicester City | Swansea City 3 vs 0 Stoke City | Hull City 2 vs 2 Middlesbrough | West Bromwich Albion 2 vs 0 Rotherham United | Ipswich Town 0 vs 0 Watford | Birmingham City 0 vs 1 Cardiff City | Bristol City 5 vs 0 Blackburn Rovers Katima Mulilo: 17° | 31° Rundu: 17° | 31° Eenhana: 18° | 32° Oshakati: 21° | 32° Ruacana: 20° | 31° Tsumeb: 18° | 30° Otjiwarongo: 16° | 26° Omaruru: 17° | 30° Windhoek: 16° | 27° Gobabis: 17° | 27° Henties Bay: 17° | 22° Wind speed: 15km/h, Wind direction: SW, Low tide: 12:23, High tide: 06:22, Low Tide: 00:42, High tide: 18:53 Swakopmund: 15° | 18° Wind speed: 14km/h, Wind direction: W, Low tide: 12:21, High tide: 06:20, Low Tide: 00:40, High tide: 18:51 Walvis Bay: 16° | 23° Wind speed: 21km/h, Wind direction: W, Low tide: 12:21, High tide: 06:19, Low Tide: 00:40, High tide: 18:50 Rehoboth: 17° | 29° Mariental: 19° | 32° Keetmanshoop: 21° | 31° Aranos: 20° | 32° Lüderitz: 14° | 27° Ariamsvlei: 20° | 31° Oranjemund: 13° | 22° Luanda: 26° | 29° Gaborone: 16° | 26° Lubumbashi: 16° | 23° Mbabane: 13° | 23° Maseru: 10° | 19° Antananarivo: 18° | 23° Lilongwe: 16° | 24° Maputo: 18° | 27° Windhoek: 16° | 27° Cape Town: 14° | 24° Durban: 17° | 24° Johannesburg: 14° | 22° Dar es Salaam: 24° | 29° Lusaka: 16° | 22° Harare: 15° | 24° Currency: GBP to NAD 23.44 | EUR to NAD 20.06 | CNY to NAD 2.61 | USD to NAD 18.86 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.74 | ZWL to NAD 0.04 | BRL to NAD 3.67 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.39 | USD to AOA 832.82 | USD to BWP 13.69 | USD to EGP 47.53 | USD to KES 129.48 | USD to NGN 1246.17 | USD to ZAR 18.86 | USD to ZMW 24.92 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 75311.75 Up +0.01% | Namibian Stock Exchange (NSX) Overall Index 1555.84 Down -0.16% | Casablanca Stock Exchange (CSE) MASI 13341.29 Up +0.92% | Egyptian Exchange (EGX) 30 Index 28503.75 Up +1.25% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 344.23/OZ DOWN -0.0137 | Copper US$ 4.29/lb UP +1.25% | Zinc US$ 2 819.30/T DOWN -0.33% | Brent Crude Oil US$ 90.61/BBP DOWN -0.0001 | Platinum US$ 976.63/OZ DOWN -0.0086 Sport results: LaLiga: Real Betis 2 vs 1 Celta Vigo SerieA: SS Lazio 4 vs 1 Salernitana European Championships Qualifying: Plymouth Argyle 1 vs 0 Leicester City | Swansea City 3 vs 0 Stoke City | Hull City 2 vs 2 Middlesbrough | West Bromwich Albion 2 vs 0 Rotherham United | Ipswich Town 0 vs 0 Watford | Birmingham City 0 vs 1 Cardiff City | Bristol City 5 vs 0 Blackburn Rovers English Championship: Plymouth Argyle 1 vs 0 Leicester City | Swansea City 3 vs 0 Stoke City | Hull City 2 vs 2 Middlesbrough | West Bromwich Albion 2 vs 0 Rotherham United | Ipswich Town 0 vs 0 Watford | Birmingham City 0 vs 1 Cardiff City | Bristol City 5 vs 0 Blackburn Rovers Weather: Katima Mulilo: 17° | 31° Rundu: 17° | 31° Eenhana: 18° | 32° Oshakati: 21° | 32° Ruacana: 20° | 31° Tsumeb: 18° | 30° Otjiwarongo: 16° | 26° Omaruru: 17° | 30° Windhoek: 16° | 27° Gobabis: 17° | 27° Henties Bay: 17° | 22° Wind speed: 15km/h, Wind direction: SW, Low tide: 12:23, High tide: 06:22, Low Tide: 00:42, High tide: 18:53 Swakopmund: 15° | 18° Wind speed: 14km/h, Wind direction: W, Low tide: 12:21, High tide: 06:20, Low Tide: 00:40, High tide: 18:51 Walvis Bay: 16° | 23° Wind speed: 21km/h, Wind direction: W, Low tide: 12:21, High tide: 06:19, Low Tide: 00:40, High tide: 18:50 Rehoboth: 17° | 29° Mariental: 19° | 32° Keetmanshoop: 21° | 31° Aranos: 20° | 32° Lüderitz: 14° | 27° Ariamsvlei: 20° | 31° Oranjemund: 13° | 22° Luanda: 26° | 29° Gaborone: 16° | 26° Lubumbashi: 16° | 23° Mbabane: 13° | 23° Maseru: 10° | 19° Antananarivo: 18° | 23° Lilongwe: 16° | 24° Maputo: 18° | 27° Windhoek: 16° | 27° Cape Town: 14° | 24° Durban: 17° | 24° Johannesburg: 14° | 22° Dar es Salaam: 24° | 29° Lusaka: 16° | 22° Harare: 15° | 24° Economic Indicators: Currency: GBP to NAD 23.44 | EUR to NAD 20.06 | CNY to NAD 2.61 | USD to NAD 18.86 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.74 | ZWL to NAD 0.04 | BRL to NAD 3.67 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.39 | USD to AOA 832.82 | USD to BWP 13.69 | USD to EGP 47.53 | USD to KES 129.48 | USD to NGN 1246.17 | USD to ZAR 18.86 | USD to ZMW 24.92 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 75311.75 Up +0.01% | Namibian Stock Exchange (NSX) Overall Index 1555.84 Down -0.16% | Casablanca Stock Exchange (CSE) MASI 13341.29 Up +0.92% | Egyptian Exchange (EGX) 30 Index 28503.75 Up +1.25% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 344.23/OZ DOWN -0.0137 | Copper US$ 4.29/lb UP +1.25% | Zinc US$ 2 819.30/T DOWN -0.33% | Brent Crude Oil US$ 90.61/BBP DOWN -0.0001 | Platinum US$ 976.63/OZ DOWN -0.0086