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Muinjo hails Zimbabwe''s toughness

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Muinjo hails Zimbabwe''s toughnessMuinjo hails Zimbabwe''s toughnessZimbabwe is the only country from the Cosafa region to qualify for the 2017 African Cup of Nations, which proves their mental strength, former Namibian football boss John Muinjo says. Former NFA boss says Cosafa teams need to play more matches The 2017 edition of the African Cup of Nations (Afcon) will see only one team from the Council of Southern African Football Associations (Cosafa). Zimbabwe is the region’s sole representative after managing to reach the tournament for the third time.
The outcome has posed questions about the strength of footballers in the region.
Former Namibia Football Association (NFA) president John Muinjo, who serves as an executive member of the Cosafa committee, said the issue is not just about the strength of the teams because the national teams in the region do not play enough international matches.
“Apart from the Cosafa competition, teams in Southern Africa do not play many games overall and not too many players feature in European leagues or similarly play friendly matches against strong African teams from West or North Africa where governments support those activities,” he told Namibian Sun on Monday.
But Zimbabwe has made strides in making sure that they are not hampered by the lack of international matches by focusing on their mentality, he said.
“African football needs players to be physically and mentally strong. Zimbabwe is one team that might go and do well at Afcon because of those attributes; [judging by the] way they played a physical game against Guinea yesterday,” he said of a match Zimbabwe lost 1-0 on Sunday.
“Most players in the Zimbabwe squad ply their trade abroad and they are regulars for their clubs,” he added.


The rest


Muinjo also mentions a lack of cohesion as another reason why the Cosafa teams did not fare well in the 2017 Afcon qualifiers.
He used the example of the Brave Warriors to illustrate the importance of cohesion in a team.
“When Namibia qualified for the first Afcon in 1998, we played 21 matches altogether and that was more than enough exposure and competitiveness for the team to have had cohesion and fluidity.
“Similarly, sustainable development at age level should continue with additional physical enrolment at the High Performance Centre in Tshwane (South Africa) for required enhancement of the body from a young age,” he said.
Looking ahead, he lists other factors that should be added to hard work in order for Cosafa to do better on the continent.
“I think lessons learnt here should be: patriotism, and commitment of all stakeholders, improvisation, character and enthusiasm from all as hard work alone does not guarantee success but only improve the chances,” he concluded.


HECTOR MAWONGA

Trio tied for first place

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Trio tied for first placeTrio tied for first placeThe two-day biking experience produced winners in three categories with the elite gold riders choosing to finish the challenge together. Red Bull Braveman Enduro thrills Brett Swanepoel, Travis Teasdale and Dwayne Kleynhans were declared the joint winners of the 2016 Red Bull Braveman on Saturday after they crossed the finish line together.
The three riders finished the race in a time of eight hours, four minutes and 18 seconds (08:04:18) - inclusive of a 60-minute penalty for missing a waypoint.
The decision to declare their win a tie came after the three raced together for the entire race, assisted each other and as a sign of good sportsmanship, decided to finish together.
The third Red Bull Braveman started on Friday with the prologue to determine the starting order for Saturday morning.
A prologue is a time-trial obstacle course over logs, rocks and boulders, waterholes and scaffolding to determine the starting order on Saturday morning.
The prologue was dominated by the three South African riders who ended in the first three places.
The Enduro started with the first rider, Swanepoel, leaving the pit shortly after 06:00, followed by Teasdale and Kleynhans on his heels.
The route of the one-day extreme motorcycle Enduro took the riders over gravel roads, dry riverbeds, bush, mountainous terrain and steep cliffs at the Elisenheim Guest Lodge outside Windhoek.
Namibian rider Jürgen Gladis told Nampa after he completed the Enduro that he was more than happy with his time of just under three hours to end in the bronze category, compared to last year’s more than seven hours in the saddle.
“The mental part of the race helps you, you have to keep calm, try not to get worked up, try not to get angry at yourself and the bike because it means you will get tired faster,” Gladis said.
Only 19 of the 32 riders who entered finished the race.

Full results:

Gold:
1. Swanepoel, Teasdale and Kleynhans (08:04:18)

Silver:
1. Darren Gray (SA) - 4:45:37
2. Kirsten Landman (SA) - 5:45:34
3. Corne Visser (Nam) - 5:45:37

Bronze:
1. RJ Visser (Nam) - 2:21:55
2. Martin Diekmann (Nam) - 2:28:44
3. Gerald Heiser (Nam) - 2:31:05

NAMPA

Sport funding a major headache: Ekandjo

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Sport funding a major headache: EkandjoSport funding a major headache: Ekandjo

Sport minister Jerry Ekandjo says the funding of sport remains a headache in Namibia, as the economy cannot sustain all 48 sports codes.
Speaking at a ceremony where new members of the Namibian Professional Boxing and Wrestling Control Board were introduced, Ekandjo said his ministry is inadequately funded, a situation that is seriously affecting sport in the country.
“We requested N$2.2 billion from government for the 2016/17 financial year, but we were only allocated N$400 million.
“This is not enough to sustain sports codes. For example, we wanted to support professional boxing this year, but we can only give them the bare minimum of support like pay their rent, or provide them with transport.
“We cannot afford to support promoters to stage fights as we do not have the resources,” the minister said.
Ekandjo said the ministry’s resources are so limited that he had to approach Cabinet to try and get more funding.
He said the government’s top priorities are education and health.
Shivute Katamba, the director of sport in the ministry, said the sport budget was cut by N$9 million because the government prioritised other matters that need urgent attention, like drought relief and education.
“We are given a certain limit per month, in this case N$31 million monthly, which we have to split into three directorates, so as you can imagine, it’s really tough at the moment,” he said.
With regard to what needs to be done to improve sport funding, Katamba said the recent Sports Act Review conference made suggestions that are being considered with the hope of improving funding for sport.

MAQONDA NDLOVU

Nust team takes second spot in NTA League

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Nust team takes second spot in NTA LeagueNust team takes second spot in NTA League

The Namibia Tennis Association’s (NTA) club tennis league continued over the weekend with some exciting matches taking place in the men’s and the women’s second league division at the Central Tennis Club.
In the Men’s Second Division the Nust team jumped to second place in the league standings defeating CTC 2B with 13 to 7 match points while 2015 champion CTC 2A consolidated their league top spot with a 15 to 5 match point win over the Unam team.
In the Women’s Second Division the OTB Ladies won all match points against the Nust team.
In the Men’s Second Division Nust’s top gun Socrates Muyambo beat CTC B’s Ronaldo Uirab 6-4, 6-4 while Colin Nyandoro had to overcome some stiff resistance from CTC2 B’s Lawrence Kahindi to claim 3-6, 6-0, 6-3 win.
In the first doubles match CTC2B claimed victory as Danai Muyambelo and Kyalo Kitheka defeated Robert Riethmueller and Miguel Valleyo Orti 6-2, 6-4.
In the remaining doubles Nust’s Muyambo and Nyandoro beat Muyambelo and Kitheka 6-2, 6-4 while CTC2B’s combination of Kahindi/Uirab trounced Riethmueller/Valleyo Orti 6-1, 6-0.
In the second men’s league match a reinforced CTC2A side took 15 of 20 possible match points against a strong Unam.
Top under-18 player Dantago Gawanab defeated Unam’s Eno Akpabio 7-6, 6-4 while Risto Shikongo beat Martin Koroma 6-4, 6-4.
Unam’s double combination of by Patrick Paulus and Kudzai Gangayi had the upper hand against CTC2A’s Samson Kaulinge and Hillary Charuma 3-6, 6-4, 11-9. CTC2A’s strong junior players Gawanab and Shikongo defeated Paulus and Gangayi 6-2, 6-1 but Unam’s Akpabio/Koroma combination was able to defeat CTC2A’s Charuma/Kaulinge
The matches in the women’s second division saw one-sided results.
OTB won a maximum of 60 game points against the Nust student rookies.
Lena Brinkmann defeated Jana Klindworth 6-1, 6-0 while Javaneh Azadeh was more challenged in her 6-2, 6-3 win over Salome Nguaiko.
OTB’s Nicky MacNamara and Debbie Rowles won 6-0, 6-0 against Stefanie Garises.
In the reversed doubles Brinkmann and Azadeh won 6-0, 6-1 against Garises and Natalia Kupembona. In the last doubles match MacNamara and Rowles won 6-0, 6-3 against Nguaiko/Klindworth. The league continues on Saturday with matches in the Men’s Second and Women’s First and Second Division.

ROBERT RIETHMUELLER

Boks to pressure Australia lineout

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Boks to pressure Australia lineoutBoks to pressure Australia lineout

South Africa are hoping to heap more pressure on Australia’s malfunctioning lineout as they look to get back to winning ways in the Rugby Championship this weekend, lock Lood de Jager said yesterday.
The Springboks suffered only their second ever defeat to Argentina in their last match in the competition in Salta two weeks ago and will be desperate to make amends in Brisbane. Australia’s campaign got off to an even worse start with back-to-back losses to New Zealand during which their lineout was taken apart by the world champions.
De Jager and Eben Etzebeth famously clashed off the ball in a Super Rugby match earlier this season but they will be united in an imposing Springbok second row at Lang Park on Saturday. Even if the 23-year-old de Jager thought the All Blacks should take much of the credit for their superiority in that department, he said the Springboks would also have plans for a part of the game at which they have traditionally excelled. “The All Blacks are a very good man-watching side in lineouts. If you have an off day, they can punish you for it,” he told reporters in Brisbane yesterday. “In the series against England, Australia won lineout ball pretty easily.
“It’s not a big concern for them but we’ve done our homework as well and hopefully we can put them under pressure at lineout time.”
Australia’s lineout woes have come to encapsulate criticism of Michael Cheika’s team selection in the local media after six straight defeats going back to last year’s World Cup final. The coach’s continued faith in David Pocock and Michael Hooper as a loose forward combination leaves the back row short not only of a traditional number eight but also an extra lineout jumper.
De Jager thought the media onslaught would have a positive impact on the Wallabies set piece and was intrigued to see what Cheika’s solution might be. “(I’m) looking forward to the game,” he added. “They’re under pressure and the media’s made a big thing about it so in the week they would have probably rectified it and come up with new plans. “We’ll see on Saturday what they come with.”

NAMPA/REUTERS

Teen topples Radwanska

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Teen topples RadwanskaTeen topples RadwanskaA Croatian teenager claimed the scalp of one of the favourites to win the US Open women’s title. Serena sails into last eight at US Open Fourth-seeded Agnieszka Radwanska was on Monday shocked by 18-year-old Croatian Ana Konjuh, who reached the quarter-finals of the US Open.
The 6-4, 6-4 triumph avenged a bitter disappointment for Konjuh, who held three match points against Radwanska in the second round at Wimbledon before falling 9-7 in the third round after stepping on a ball and turning her ankle.
“She’s an incredible player and I’m just happy to have the opportunity to play her again,” Konjuh said. “This time I got the revenge.”
The teenager showed remarkable poise throughout the match that closed out the night session on the cavernous Arthur Ashe stadium.
Even when the public address system blared out accidentally as she prepared to serve early in the final game she wasn’t rattled.
“I just said to myself stay in the game don’t rush,” Konjuh said. “I remember at Wimbledon I had match points there and I thought I’m not going to do that here. I’m not going to let that opportunity go.”

Barrier
Serena Williams broke through another barrier her 308th Grand Slam match win taking her past Roger Federer for the most in major tournaments and into.
“Wow, it’s really exciting,” Williams said of moving out of a tie with Swiss great Federer for most Grand Slam match wins.
“This is where it all started so it’s always so magical out here for me - 308 sounds pretty good.”
Williams was never seriously challenged in a 6-2, 6-3 victory over 52nd-ranked Yaroslava Shvedova.
With Radwanska out of the picture, second-seeded German Angelique Kerber is now the only player with a chance to end Williams’s 186-week reign atop the rankings.
Kerber was due to face 2015 finalist Roberta Vinci, the seventh seed from Italy for a place in the semi-finals.

Tantalising
Former world number one Caroline Wozniacki and Latvian Anastasija Sevastova were yesterday also due to battle for a semi-final berth.
The tantalizing prospect of a semi-final clash between Williams and her sister Venus evaporated as the elder Williams fell to hard-hitting Czech Karolina Pliskova 4-6, 6-4, 7-6 (7/3).
In her first Grand Slam quarter-final, Pliskova will take on Konjuh. Despite her entrenched position in the top 20 the Czech had never made it past the third round in a major in 17 prior tries.
Konjuh, in contrast, has made the quarters for the first time in her ninth Grand Slam.

NAMPA/AFP

Aakwashigwana ya hala ''oharambee''

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Aakwashigwana ya hala ''oharambee''Aakwashigwana ya hala ''oharambee''Konyala aakalimo ya thika pe-150 yomolukanda lyaKahandja Park oya tokola okwiikuthila evi taya popi kutya oya loloka okutegelela “oHarambee”. Epangelo otali ende kashona mokugandja evi kaakwashigwana Ondungethaneko yoHarambee Prosperity Plan oyi li oshiyetwapo shOmupresidende Hage Geingob ngoka a yi koshipundi muMaalitsa gwomvula ya piti, na okwa tula miilonga omundengethaneko ndjoka ya nuninwa okweendelelitha omayambulepo oshowo okuyambulapo onkalo yegandjo lyevi kaakwashigwana, okutumbulapo owala yimwepo.
Ongundu ndjoka yaakwashigwana oyiikuthile evi nokulitopola ko noopala, na oya popi kutya otaya kiikuthile evi uuna epangelo lya ndopa okufala ‘oharambee’ kuyo.
Nonando oya kala ya talika kopolisi yoshilando shaVenduka, aakwashigwana mboka oya popi kutya itaya inyenge sigo epangelo lya tameke okutula miilonga omauvaneko giifundja ngoka ya pewa pethimbo lyomahogololo omvula ya piti.


Kwiikwatelelwa koohapu dhomukalelipo gwongundu ndjoka, Mbenda Immaneul okwa popi kutya oya loloka ohiila na itaya tegelele we epangelo.
“Katu na olusheno nomeya. Ohatu ende iinano iile tatu ka konga omeya. Katu na uundjugo naaakiintu momudhingoloko gwetu oye li moshiponga uuna taya yi kiihwa mbyoka hatu longitha onga uundjugo,” Immaneul ta ti.


Okwa popi kutya moombashu dhoka haya zi odha tulwa mumwe unene nuuna kwa holoka iiponga yomindilo omahala gawo agehe ngoka ga kwatathana ohaga pipo.
“Otatu ningi ngaaka opo tu ya ulukile kutya otwa pumbwa shili evi. Oharambee ndjoka taya popi otwa hala ye yi ete kutse huka, ngele aakengeli oye ya nena otaye yi pewa ihe aathigona aluhe otatu lombwelwa tu tegelele.”
Manuel Crespo naye okwa pula evi ta popi kutya ompumbwe ye andjakano lya manguluka mokati kayo oyo tayi etitha ya kwatwe koTuberculosis (TB).
omayamukulo
Mayola gwaVenduka, Muesee Kazapua okwa popi kutya okwa etela ohenda aantu mboka haya zi komalukanda.
“Itandi ti kutya inaya taalela omaupyakadhi ihe otwa tameka nale nokukandulaapo ompumbwe yevi pakutula miilonga omassive urban land servicing ndjoka ya tulwa miilonga momudhingoloko gwaGoreangab,” Kazapua ta ti.
Nonando ongaaka okwa tothamo kutya epangelo kali na oonzo dha gwana, onkene oshilando ngashiingeyi otashi tala kutya otashi wapaleke ngiini evi ndyoka tali pewa aakwashigwana.
JEMIMA BEUKES

Manwu a hala omalunduluko mompango yAaniilonga

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Manwu a hala omalunduluko mompango yAaniilongaManwu a hala omalunduluko mompango yAaniilonga Ehangano lyoMetal and Allied Workers Union olya popi kutya olya hala omahangano ngoka taga yi pondje oompango tadhi ithanwa occupational safety and health (OSH) pomahala giilonga opo kaga pewe we ootendela.
Shika oshi li oshitsa shoka sha kundathanwa pethimbo lyomutumba gwopashigwana gwoManwu ngoka gwa ningwa pokati komasiku 24 no 27 gaAguste nuumvo.


Pahapu dhoManwu, omutumba ngoka ogwa nongele kutya ope na omalunduluko ngoka ga pumbwa okuningwa mekotampango lyaaniilonga opo ku gamenenwepo uuthemba waaniilonga. Oya popi kutya ekalekepo lyegameno lyaaniilonga pomahala giilonga nasho osha pumbwa okutulwa mOmpango yAaniilonga.


Ouniona oya popi woo kutya ondjambi yopetameko yooN$20 mowili oya pumbwa okutulwa miilonga moshilongo.


Okwa kundathanwa opo komufala gwaaniilonga avule okukala ta tompola mbala iipotha yaaniilonga, opo aaniilonga kaya kale momikundu.
Omutumba ngoka ogwa tokola opo aakalelipo yaaniilonga pomahala giilonga yamone omadheulo gakwatelamo opolotika oshowo ondjokonona yehangano, opo ya vule okukadheula aaniilonga.
Omutumba ogwa popi woo kutya aaniilonga oya teka omukumo miitayi ya yooloka molwaashoka aaniilonga inaya nyanyukilwa omukalo omanyenyeto gawo haga ungaungiwa nayo uuna ye ga fala kaakomeho yehangano miitopolwa.


Omutumba ogwa hogolola, Angula Angula onga omupresidende gwehangano naIngrid April omupevi presidende. Thompson Mate omudhiginini gwiiniwe, Hilly Shamulele omupevi omudhiginini gwiiniwe, Cecilia Kamburu, amushanga gwopashigwana nomupevi gwe, Richard Isaaks.
Justina Jonas-Emvula okwa hogololwa a ninge amushanga-ndjai omanga Enwich Kazonda a hogololwa nokuninga omupevi amushanga-ndjai.


ELLANIE SMIT



AakwaSwapo ya hala omalunduluko

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AakwaSwapo ya hala omalundulukoAakwaSwapo ya hala omalunduluko

Iilyo yOngundu yoSWAPO oya ningi ehololomadhilaadho mOmbaye mEtitano.
Konyala iilyo ya thika po-20 oya ningi ehololomadhilaadho pombelewa yongundu moKuisebmond tayi pula ekutho miilonga lya Paulus Kauhondamwa (omukwatakanithi gwoshitayi), Risto Nambombola (omukwatakanithi), Hilma Shilongo (omukwatakanithi gwelelo lyaakiintu moshikandjo) na Ndapewa Johannes (Oshilyo shOkomitye yOmauyelele) okupitila momikandanyenyeto dhopaali. Oya popi kutya aanambelewa mboka itaya longo we muuwanawa wongundu na otaya longo owala mokwiipa omauwanawa.
Phillip Muneguni, oshilyo shelelo lyoSwapo mOshitopolwa shErongo, okwa taambako omanyenyeto ngoka ga nuninwa Theresia Garises, Fillipus Heita naAsser Kapere taga pula ekutho miilonga lyaanambelewa mboka ya tumbulwa.
Kauhondamwa naNambombola otaku popiwa aniwa kutya itaya vulu okulela na otaya kutha omatokolo ngoka kage li muuwanawa wongundu.
Shikongo naJohannes otaku popiwa kutya otaya fala mekano elelo lyaakiintu mongundu nokuhwahwameka uukwamuhoko.
“Aaleli yetu yamwe oye na opoosa dhi vulithe puyimwe. Otwa kala uule noomvula twa hala hala okukandula po omaupyakadhi pakatu yopashikandjo ihe omaindilo getu itaga talika. Otwa yakula ombaapila omasiku ga piti kutya iikumungu ayihe moshikandjo otayi kalekwa manga.
Oshitayi shaMudhiguGwangolo osha kalekwa niilyo mbyoka yali tayi kutwa oya kalekwa manga.”
Sho a ningilwa omapulaapulo, mayola gwaMbaye, Immanuel Wilfred okwa koleke kutya oha longo onga omudhiginini gwiiniwe pashikandjo, niilyo yilwe ine mbyoka ya tumbulwa oyi na ooposa melelo lyongundu.

OTIS FINCK

Aalongiskola oya hala egwedhelo noopresenda 8

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Aalongiskola oya hala egwedhelo noopresenda 8Aalongiskola oya hala egwedhelo noopresenda 8Nonando epangelo olya indile aalongiskola ya zimine omagwedhelo ngoka lya tula po nokuhulithapo omananathano ge na sha nomagwedhelo goondjambi, aalongi ohela oya hogolola ngele otayi yi mekanka nenge otaya zimine omagwedhelo ngoka ya pewa kepangelo. Omahogololo otaga utha ngele otaku yiwa mekanka nenge ahowe Aalongi otaya ka ninga omahogololo sha landula sho epangelo lya tokola okuya gwedhela noopresenda 5 omanga yo taya pula oopresenda 8.
Ngoloneya gwOshitopolwa shaShana mOmaandaha okwa popitha aalongiskola pokapale kEmanguluko mOshakati, moka a lesha omukanda ngoka gwa shangwa kOminista yElongo, Katrina Hanse-Himarwa.
Konima sho ya pulakene oshipopiwa shoka, aalongi oya li ya pewa ompito ya pule omapulo.
Oya holola omaiyuvo gawo kombinga yomagwedhelo noopreenda 5, na oya pula ngoloneya ngele oku na oonkondo okupopya nayo unene kombinga yiikumungu yoondjambi dhawo.
“Tse katu shi aanapolotika ihe aaniilonga yepangelo. Nomomukanda gwoye gwiilonga omu na kutya oongoloneya naya kundathane oondjambi dhaaniilonga yepangelo?’” omulongiskola a pula Clemens Kashuupulwa. Ngoloneya okwa yamukula kutya ekotampango olye mu pa oonkondo a popye naakwashigwana kutya aaniilonga yepangelo nenge kaye shi aaniilonga.
Aalongi oya popi kutya oya uva nayi molwaashoka minister okwa yeleke oondjambi dhawo noondjambi dhaalongi moSouth Afrika naBotswana.
Omulongiskola gumwe, Katombera Nikolaus, okwa popi kutya kashi li pauyuuki okuyeleka owala ondjambi dhaalongiskola, ihe okwa li tashi kala pauyuuki ngele oondjambi tadhi yelekwa okuza paanambelewa yopombanda mepangelo okuya nawa kaalongiskola.
Omupevi omukomeho gwoonzo dhopauntu mUuministeli wElongo, mOshitopolwa shaShana,
Aune Mundjanima, okwa lombwele aalongi ya kale notseyo yoshizemo shomaihumbato gawo.
“Ekanka otali vulu okweeta omikundu miilonga; ngashiingeyi ethimbo lyomakonaakono na otashi vulu okuguma noonkondo aanaskola,” ombaapila yaminista ya popi.
Lwopokati mpoka ngoka ta longo pehala lyamushanga gwoTeachers Union of Namibia (TUN), Matthew Haakuria, okwa popi kutya aalongi oya pyakudhukwa okuhogolola ngele otaya yi mekanka nenge otaya zimine omagwedhelo ngoka ga tulwa po.
“Katu na we shoka tatu vulu okukundathana, nepangelo otali ka tseyithilwa.”

KENYA KAMBOWE & JEMIMA BEUKES

''Downgrade will be a disaster for SA''

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''Downgrade will be a disaster for SA''''Downgrade will be a disaster for SA''If South Africa is downgraded to a credit rating of ‘junk’, the country will fall deeper into the debt that fostered these concerns to begin with. Davis Tax Committee foresees worst-case scenario Another downgrade of South Africa’s investment credit rating by the ratings agencies will be a disaster for the economy, and everything possible should be done to avert it, says Judge Dennis Davis, chairman of the Davis Tax Committee.
Speaking at the annual Tax Indaba in Midrand, Davis on Monday said a downgrade would be a disaster of “manifold proportions” and the effect will be felt most by the poor, who deserve a better life.
A downgrade means an increase in the interest cost for government to service its debt. The current interest cost on debt is R147 billion a year.
This represents 11.4% of expenditure, and is the single biggest expenditure item in the budget, followed closely by the wage bill, which represents 7.4% of expenditure. South Africa’s credit is a notch above junk.
“I cannot overestimate the disaster that will engulf our fiscal and revenue calculations and our economy as a whole if we are downgraded. If we are downgraded and we continue as we are, we are clearly not going to get enough revenue to be able to close the gap between revenue and expenditure,” warns Davis.
South Africa’s revenue collection remains buoyant, despite a decline in economic growth. However Tom Moyane, commissioner of the South African Revenue Service (SARS), says the 2016 revenue target is at risk due to the bad economic performance.
Some of the risks facing SARS include the volatility of the rand, the threat of a downgrade that will affect debt repayments, and the rising level of unemployment and a possible growth rate below 0%.
SARS has been set a revenue collection target of R1.74 trillion.

Personal tax

Michael Sachs, head of the budget office at National Treasury, says personal income tax has been driving the buoyancy, mainly due to above-inflation wage settlements.
Government’s wage settlement for its 1.2 million employees wiped out the R60 billion reserved for unexpected expenses. It is important to reduce the number of public servants, says Sachs.
Economic growth has been declining and is now expected to be flat this year. A revised forecast will be announced in October during the Medium Term Budget Policy Statement.
Sachs says global growth of 3% to 4% has been underpinned by government stimulus programmes driven by central banks. Sachs warns these growth rates might not be sustainable, given the context of high debt in the public and private sectors.
“The effect is that South Africa can be hit by further global shocks as these huge debt overhangs start to unravel. The dangers and vulnerabilities we face are high, because if another global shock hits us, the fiscal space available to South Africa will be very limited.”
In addition, South Africa’s long-term economic growth rates are now in question. During the economic boom in the mid-2000s, the growth rate was around 4% and most thought that could be sustained and it made sense to maintain the spending in line with what we thought our revenue income would be.
“Unfortunately, very few of us foresaw the global crisis in 2009 and few realised that it would not only be a temporary setback.”
David Shapiro, deputy chairman at Sasfin Securities, says foreign direct investments depend on economic and political stability.
Once businesses are allowed to do business, growth will follow, but political ideology has to change, Shapiro says.

IOL

Gordhangate vs Nenegate - a difference in impact

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Gordhangate vs Nenegate - a difference in impactGordhangate vs Nenegate - a difference in impact Unlike December’s Nenegate episode, which occurred in the midst of a global sell-off of emerging market assets, the current "standoff" between Minister of Finance Pravin Gordhan and the Hawks is fortunately taking place against a more favourable global backdrop for emerging markets, Old Mutual multi-managers Dave Mohr and Izak Odendaal said in an investment note issued on Monday.
Yet, they cautioned that renewed political uncertainty threatens to further dent confidence in the South African economy just as data seemed to be pointing to a slight upturn.
StatsSA is expected to announce a fairly strong second quarter economic growth number on Tuesday, following the first quarter’s decline. However, data for the third quarter so far is mixed.
The political uncertainty that flared up over the past two weeks caused anxiety for both investors and ordinary citizens, explained Mohr and Odendaal. However, to them the most important political development over the past month, in terms of its longer-term implication for SA, was the local government elections and not the Hawks’ treatment of Gordhan.
"The latter is obviously unsettling, but it is important to focus on valuations. For example, the local bond market is clearly pricing in the uncertainty. Credit default swaps on government bonds suggest that the market is already treating SA as a sub-investment grade economy," said Mohr and Odendaal.
"Real yields are elevated relative to where inflation is expected to be over time, while short-term interest rates are in peak territory. This suggests remaining overweight to local fixed income."
In their view, the impact of politics coming to the fore in August was both positive and negative.
On the positive side, the 2016 local government election was largely free and peaceful and voters showed that they were prepared to hold politicians accountable, especially in the metro areas. All parties involved also accepted the outcome of the polls.
"While local governments do not usually influence macroeconomic policy, it is notable that those parties with a radical economic agenda failed to make big inroads, showing that the risk of a major shift to populist policies seems limited," said Mohr and Odendaal.
On the negative side, fears that Gordhan would be arrested and removed from his post, and concerns over the direction of governance and economic policy in general, resulted in a sell-off of the rand and interest rate-sensitive assets.
"It also highlighted significant divisions within Cabinet, which does not bode well for implementing the reforms identified by ratings agencies as necessary to lift the economic growth rate and sustain our investment grade rating," said Mohr and Odendaal.

NEWS24

Angolan finance minister fired

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Angolan finance minister firedAngolan finance minister fired ]

Angolan President José Eduardo dos Santos fired Finance Minister Armando Manuel on Monday two months after the government of Africa’s biggest oil producer broke off talks with the IMF over emergency funding.
In a cabinet reshuffle, dos Santos also replaced his agriculture minister and dropped the powerful chief of staff in the presidency, Edeltrudes da Costa, who was implicated in a recent land eviction.
A statement said Manuel, who was appointed in 2013 and whose term had been due to run to 2017, would be replaced by capital markets commission head Augusto Archer de Sousa Hose, more commonly known as Archer Mangueira.
Over the last two years, Manuel had presided over an economic slump caused by a sharp drop in oil prices that sapped dollar inflows, hammered the kwanza and prompted heavy government borrowing.
The kwanza slid more than 30% against the dollar in 2015, and in January the central bank allowed for another 15% weakening to 155 against the dollar.
The currency was bid at 165/dollar on Monday, according to Thomson Reuters data. On the black market, it has been trading as low as 600.
The weaker currency has seen inflation soar to 35% from 10% a year ago, forcing the central bank to hike interest rates by 675 basis points since June 2015.
However, it said on Monday it had kept its benchmark rate unchanged at 16% at its latest policy meeting.
Before his appointment, 53-year-old Mangueira was President of Angola’s Capital Markets Commission, making him a familiar face to foreign investors, and had recently been brought onto the central committee of the ruling MPLA party.
Diplomats said his promotion was not a major surprise, especially in the wake of the government’s decision in late June to end emergency financing talks, supported by Manuel, with the International Monetary Fund (IMF).
Angola’s economic slump has fuelled opposition to dos Santos’ 36-year rule, although the MPLA re-elected him as its leader last month ahead parliamentary elections in 2017.

NAMPA/REUTERS

Samsung recalls explosive Galaxy Note 7

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Samsung recalls explosive Galaxy Note 7Samsung recalls explosive Galaxy Note 7 Samsung Australia has taken a proactive and voluntarily step to recall 51 060 Galaxy Note 7 smartphones after reports of battery explosion emerged.
The voluntary recall by Samsung Australia comes four days after the global recall was placed on the Galaxy Note 7 by the South Korean electronics giant.
Samsung Australia in a statement on Tuesday advised its customers to power down their Galaxy Note 7 smartphone and return it to its place of purchase or use an alternative device until a remedy can be provided.
“Customers who have purchased a Galaxy Note 7 from Samsung are entitled to choose a new Galaxy Note 7 or a full refund,” the company said.
“The delivery of a replacement Galaxy Note 7 to customers is expected within three to four weeks.”
“The safety and ongoing satisfaction of our customers are our top priority,” Samsung Electronics Australia Vice President IT and Mobile Richard Fink said.
It was earlier reported that Australian telecoms and retailers had pulled the plug on Samsung’s latest smartphone from their shelves after a global recall was placed for the Note 7 on Friday when pictures of the exploding handsets began circulating online.

NAMPA / XINHUA

Global economy needs a reboot now

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Global economy needs a reboot nowGlobal economy needs a reboot nowThe world''s leading economies spoke out against a return to protectionism and defended the unfashionable concepts of free trade and globalisation on Monday. Humanitarian assistance needs boost The listless global economy needs an urgent reboot, leading world economies warn.
The G20 summit took place in China with rising populist sentiment discouraging leaders from making difficult commitments, and a stumbling push for a Syria ceasefire and Asia’s territorial disputes intruding on the agenda.
“We have agreed... to support the multilateral trade system and oppose protectionism,” said China’s President Xi Jinping after hosting the gathering in the scenic eastern city of Hangzhou.
At the end of the tightly choreographed talks, held in a cavernous complex in a largely deserted city, Xi produced resolutions on combating industrial overcapacity - particularly in the sclerotic steel sector - and boosting international co-operation on corporate taxation.
But in a communique the leaders pointed to a litany of economic ills including financial market volatility, sluggish trade and investment, and gyrating commodity prices.
They also turned to the refugee and migrant crisis, calling for the burden to be shared more fairly and for nations to step up their humanitarian assistance.
“Worldwide massive forced displacement of people, unprecedented since the Second World War, especially those generated from violent conflicts, is a global concern,” they said.
EU President Donald Tusk said in Hangzhou at the weekend that Europe was “close to limits” on its ability to accept more refugees and urged the broader international community not to shirk its responsibilities.
Syria, the source of many of those migrants, was one of the geopolitical issues that swirled around the gathering.
The US and Russia tried and failed to strike a deal on stemming the violence in the disastrous five-year conflict, even as a string of bomb attacks hit across the country, underlining the urgency of the task.
“We have had some productive conversations about what a real cessation of hostilities would look like,” US President Barack Obama said after meeting his Russian counterpart Vladimir Putin.
But Secretary of State John Kerry and Russian Foreign Minister Sergei could not bridge the divide despite two rounds of diplomacy, and left with only an agreement to meet again in coming days.
“I believe that we are on the right track and could, at least for some period of time, agree to carry out mutual energetic attempts to make the situation in Syria more healthy,” Putin said.

Troublespots
China saw the summit as a showcase for its global leadership credentials, but the Asian giant’s geopolitical troublespots flared during the gathering.
North Korea fired three ballistic missiles into the sea on Monday, South Korea said, in a show of force that collided with the summit.
Beijing is Pyongyang’s main patron and protector but has been either unwilling or unable to rein in its nuclear and missile ambitions that have sent tensions soaring across East Asia and beyond.
There was better news though on another perennial faultline, with Xi and Japan’s Shinzo Abe seeking to reset their countries’ vexed relationship at their first meeting in over a year.
Abe called China an “important friend” and Xi suggested they put their troubles behind them, in a sharp departure in tone for the pair which have been at loggerheads over territorial disputes and historical animosity.
The Group of 20 leading developed and emerging economies represents 85% of the world’s GDP and two-thirds of its population, and Beijing invested heavily in the high-profile event.
It micromanaged every detail, virtually emptying the host city and imposing tight controls on visiting delegations and the press in the hopes of avoiding missteps - measures that backfired at times including a shouting match with White House officials on the airport tarmac which captured headlines.

Populism swirls
Despite the staunch defence of free trade, the talks took place amid a perception that the global economic order exemplified by the G20 is not working for ordinary people.
The International Monetary Fund’s Christine Lagarde conceded that globalisation “has to benefit all, not a few”, but said that the fruits of a connected world were severely undersold.
“That story of benefits of trade, the improvement of productivity, the improvement of choices, the way in which trade has lifted so many people out of poverty,” she said.
There was “a determination around the room to better identify the benefits of trade in order to respond to the easy populist backlash against globalisation”.
In their communique the group resolved to make growth more inclusive, “generating more quality jobs, addressing inequalities and eradicating poverty so that no one is left behind”.
And many leaders, alive to the public mood, sounded a note of regret that so many had been left behind in the rush for development.
The world must “do more to ensure that working people really benefit from the opportunities created by free trade”, British Prime Minister Theresa May said as she worked overtime to start shaping her country’s post-EU access to world markets.

NAMPA/AFP

Travel the world, indemnify the bank

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Travel the world, indemnify the bankTravel the world, indemnify the bank

Bank Windhoek yesterday reminded clients to keep in mind different rules that apply to banking whenever they travel to countries outside of the Common Monetary Area (CMA).
The Bank of Namibia prohibits anyone relocating to a country outside of the CMA from making use of internet banking services to transfer money to other beneficiaries.
This regulation, says Bank Windhoek executive officer for banking services Chris Matthee, necessitates clients abroad to personally instruct their bank to make transfers on their behalf – a matter which has resulted in increased instances of fraud.
“For reasons of practicality and cost, Bank Windhoek clients often opt to send instructions to the bank via email or fax,” Mathee says.
“However, due to fraud as a result of personal email accounts being hacked or signatures forged on facsimiles sent to Bank Windhoek, clients are required to indemnify the bank against any potential damages that the client may suffer as a result of the bank acting on instructions that were fraudulently issued.”
While such indemnity would legally exempt the bank from liability in case of fraud, Matthee says the bank will still verify and confirm its authenticity, contacting individual clients or senior officials in case of corporate clients.
“Clients should however note that this may lead to further costs for them,” he says.
“Any client can give instructions to the branch without visiting the branch, but it is advisable to rather use channels such as internet banking, cellphone banking or the Bank Windhoek App, that will lower risk,” he says.
Finally, prior to actually moving or visiting countries outside the CMA, Mathee says clients should ensure they have access to the email address they provided the bank via the indemnity form completed.
The bank, he says, will not act on instructions sent via email or facsimile, unless an indemnity has been signed and provided to it.
“This measure is to protect our clients and keep their investments safe,” he says.

STAFF REPORTER

Marula industry lying in wait

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Marula industry lying in waitMarula industry lying in waitNamibia’s unique access to the marula tree and its derivatives makes a good case for commercialising its fruit. Namibia’s equivalent to shea butter, says researcher Namibia can look to Ghana for suggestions on how to make the most of its indigenous natural products, beyond the limited scope of individual communities.
This suggestion was made by suggests Maria Lisa Immanuel, senior trade and investment analyst with the Namibia Trade Forum (NTF), after comparing the Ghanaian use of the shea tree to that of Namibians extracting value from the marula tree.
“Shea butter is to Ghana what marula oil is to Namibia,” Immanuel says in making a case for better commercial use of marula products.
“The difference only comes in where Ghana has commercialised their shea butter into a million-dollar industry supporting close to 600 000 producers, whereas Namibia is struggling to leverage on the abundant availability of marula nuts in the country,” she says.
Suggesting at least five value chains to be established through optimal use of marula, she encourages government, the private sector and academia to consider the possibilities presented.
She says a marula industry can benefit the beverages, animal feed, cosmetics and food industries in various ways – using marula juice and its fermented form marula liquor, as well as the marula nuts and peels.
Explaining how the product is used at present, Immanuel says the marula nut is harvested when ripe, and the extracted juice is consumed mostly by children because of its sweet taste. Older people usually let the juice ferment two to three days, turning it into liquor, or Omaongo, as it is known in Oshiwambo.
“According to traditional knowledge, the marula liquor can be kept in the fridge for consumption up to six months,” Immanuel says.
“The shelf life is sufficiently long and could be one of the main reasons why it makes business sense to commercialise marula liquor in Namibia.”
Following the juice season, the marula nut is typically left to dry until it is ready to be cracked by a traditional method called ‘okutenda’.
“Women sit all day under a shade cracking the nuts open,” Immanuel says.
“This method could easily be mechanised to ensure efficiency in a production set-up,” she says, noting that the output from this effort is a white kernel called Omaxuku, which is further extracted to obtain marula oil.
This oil, she says, may prove commercially viable in the cosmetics industry, as well as by developing its status as a traditional delicacy at festivals and weddings.
“The Body Shop retailer procures marula oil as part of their ingredients from the Eudafano Women Cooperative based in the northern area. It can also be positioned as a niche product in the spa and wellness industry around the world,” she says.
A key challenge to developing marula industries on large scale, she says, is in jointly creating compliance standards for manufacturing, while respecting and protecting the indigenous knowledge and methods, as well as the communities meant to benefit from their use.
“In other words, how do you translate the marula oil into cosmetic products whereby both parties and everybody along the value chain benefits equally, and hence create a sustainable market,” she says.

DENVER ISAACS

Weaner prices drop

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Weaner prices dropWeaner prices dropWeaner prices have dropped dramatically during the last few months. Not a single calf exported to SA since 1 July With no weaner exports having taken place for the last two months weaner prices in Namibia have dropped drastically since South Africa implemented stringent livestock import conditions.
According to the Meat Board of Namibia not a single weaner calf has been exported to South Africa since 1 July.
The Meat Board says weaner calf prices fluctuated around N$19.35/kg at the beginning of the year. The average weaner calf price in July was about N$16.49/kg and it decreased even further during August.
“Certain categories of cattle such as smaller calves and lean cows sell for very low prices, and the number of animals offered at auctions is at its lowest.”
The situation is worsened by the devastating drought in Namibia.
According to the Meat Board a meeting between role players, producers, abattoirs and Feedmaster was arranged to discuss short-term solutions.
One option is to request farmers with available grazing to raise weaner calves and get rid of unproductive animals.
“Considering the current weaner price levels, growing weaners to slaughter oxen with supplementary licks can be profitable,” says the Meat Board. The Meat Baord reminded farmers that South Africa has started relaxing its import regulations, albeit only for sheep at the moment.
There are now four South African facilities that have been approved under South Africa’s Standard Operational Procedures (SOPs) that may receive sheep from Namibia.
The Department of Veterinary Services in the RSA confirmed that there are 15 more applications submitted for approval, which include cattle facilities.
The accreditation of these facilities makes it easier to obtain import permits. The most important aspect which is omitted is the compulsory testing for brucellosis and double testing for tuberculosis (TB). This means that small stock do not have to be tested anymore and that cattle only have to be tested for TB once within the 30 days before export.
“It is thus important to take note that there are currently two types of import permits that are valid. One permit, as announced in the South African Government Gazette, is applicable to export of animals from Namibia to any destination in South Africa and requires an extensive range of tests, while the latest permit, the so-called SOP (Standard Operating Procedures) permit, is valid only for approved destinations and requires fewer tests.” The Meat Board said it is important for Namibian exporters to study the requirements for each South African import permit and take the necessary actions to comply with these requirements.

ELLANIE SMIT

Meatco gets Norwegian quota

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Meatco gets Norwegian quotaMeatco gets Norwegian quota

The Meat Board of Namibia has reallocated the remaining 400 tons of the 1 600-ton annual Norwegian beef quota to Meatco.
The development means Meatco will now export the entire 1 600 ton on offer to Norway this year. The reallocation, which took two months, was done after Brukkaros Meat Processors and Witvlei Meat, which had initially been allocated 225 tons and 175 tons respectively, failed to utilise their quotas before the 30 June deadline. Meatco welcomed the reallocation, saying it is the best-positioned company to extract the maximum benefit for Namibian farmers. By the end of June Meatco had already filled 56% of its annual quota of 1 200 tons. The company said the additional quota would go a long way in supporting producer prices in this drought year. “The allocation has come at just the right time for us to produce and ship the product before 24 October so that the 2016 quota is used before the end of December,” it said. Meatco thanked the Ministry of Industrialisation, Trade and SME Development and the Meat Board of Namibia for granting it this much-needed quota. It reassured the government and the Meat Board that it would fully utilise the quota allocated to Namibia this year.
“Meatco is aware of the potential implication if Namibia is not able to fully utilise the quota, as it places the government in a difficult position to request a quota expansion in future if we cannot fill the current allocation of 1 600 tons,” the company said.

ELLANIE SMIT

Water sector to be capacitated with experts

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Water sector to be capacitated with expertsWater sector to be capacitated with experts

The joint management committee of the Namibia and United Nations Educational, Scientific and Cultural Organisation (Unesco) water support project has officially been inaugurated by the Ministry of Agriculture, Water and Forestry.
The inauguration of the committee follows after a meeting was held at the end of last month during which it was highlighted that the project lacked implementation due to the absence of a memorandum of understanding.
The resolutions from the meeting said the parties reaffirmed their commitment to the implementation of the project as part of the roadmap agreed upon in 2011.
The meeting also endorsed the project framework document, agreed to accelerate its implementation and approved the composition of the joint management committee.
The project came about following the severe floods Namibia experienced between 2008 and 2011, which saw thousands of people displaced due to their homes being submerged.
Some of the objectives of the project are capacitating young experts, water professionals and practitioners within the programme at an early stage, and to establish a national platform for water security, involving universities.
It will also develop a long-term integrated flood and drought management plan for the Cuvelai-Etosha basin.
The government will need approximately N$75 million for the next five years to develop a long-term water support project for the northern regions. Government already availed N$10 million to develop a masters degree programmes at the University of Namibia (Unam) and the Namibia University of Science and Technology (NUST) to build staff capacity to effectively manage recurring natural disasters
Minister of agriculture John Mutorwa this week said that the committee will literally take the leadership role to practically ensure the implementation of the project.
He said that Namibia has in the past and in the present suffered a series of hydrological extremes such as droughts and floods.
“Needless to say the mentioned extremes do affect the country’s economy, the livelihoods of people and the country’s biodiversity quite negatively.”
According to Mutorwa the government therefore asked for support from the agency’s International Hydrological Programme (IHP), after the flooding in the northern and north-eastern parts of the country in 2011, to assist with strengthening the water sector.
According to him IHP directly addresses critical areas such as water research, water resources management and education and capacity building.
Mutorwa further explained that the water project will be implemented by the government through the agricultural ministry and the University of Namibia and Namibia University of Science and Technology. The two universities will be involved in education, training and capacity building.
Furthermore the ministry of Mines and Energy and its geological survey directorate will be involved in the ground water component of the project.
The Office of the Prime Minister through the directorate of disaster risk management will be involved in the flood and drought risk management plans and mitigation measures.
He further said that the overall project development will be supervised by a scientific advisory board still to be established.

ELLANIE SMIT
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