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We will get corona under control - Mwinga
We will get corona under control - Mwinga

We will get corona under control - Mwinga

An economist has predicted that by the end of the year or the first quarter of 2021, Covid-19 will be under control and that borders will be open.
Cindy Van Wyk
OGONE TLHAGE

WINDHOEK



First Capital CEO Martin Mwinga is hopeful that the world will return to normality by the end of the year or within the first quarter of 2021.

“My assumption is that by the end of the year or the first quarter of 2021, Covid-19 is under control and the borders are open,” he said.

Mwinga also said tourism the world over is not expected to recover unless the Covid-19 pandemic is brought under control.

Countries have had to shut their borders to contain the spread of the coronavirus, at the expense of the aviation and tourism sectors, which are largely dependent on travel.

Speaking during a consultative meeting yesterday, Mwinga said economic recovery was unlikely, given that businesses are forced to open and close, depending on the spread of the virus.

He reasoned that, irrespective of the money being put into the tourism sector, certainty that the coronavirus is under control is needed.



No recovery

The same held true for sectors dependent on the opening of borders.

“Unless Covid-19 is under control, you are not in a recovery phase, you are locking down, locking down, locking down,” Mwinga said.

“It needs the borders to be open, it needs guarantees that tourists who come will be safe.”



Borders to open

Namibia's targeted tourism revival plan started this week.

President Hage Geingob, during a Covid-19 update last week, said tourists would not be subjected to mandatory quarantine.

“They will, however, be required to remain at their first destination in the country for a period of seven days.”

According to Geingob, a Covid-19 test will be conducted during this period and the tourists will be permitted to proceed with their holiday on day seven, provided their test result is negative.

He said the modalities have been carefully negotiated to achieve the dual objective of stimulating the tourism sector and safeguarding public health.

“Continuous assessments will be conducted throughout this trial, which will inform and strengthen preparations for the imminent reopening of points of entry under stage five.”

Tourism minister Pohamba Shifeta added they have identified low-risk countries such as Germany from which tourists can travel to Namibia.

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Namibian Sun 2024-04-23

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Premier League: Arsenal 5 vs 0 Chelsea | Fulham 1 vs 3 Liverpool | Aston Villa 3 vs 1 Bournemouth | Crystal Palace 5 vs 2 West Ham | Everton 2 vs 0 Nottingham Forest | Wolves 0 vs 2 Arsenal | Luton Town 1 vs 5 Brentford | Sheffield United 1 vs 4 Burnley LaLiga: Sevilla 2 vs 1 Mallorca | Real Madrid 3 vs 2 Barcelona | Deportivo Alaves 2 vs 0 Atletico Madrid | Almería 1 vs 2 Villarreal | Getafe 1 vs 1 Real Sociedad | Girona 4 vs 1 Cadiz | Valencia 1 vs 2 Real Betis | Rayo Vallecano 2 vs 1 Osasuna | Celta Vigo 4 vs 1 Las Palmas SerieA: AC Milan 1 vs 2 Inter Milan | AS Roma 1 vs 3 Bologna | Monza 1 vs 2 Atalanta | Salernitana 0 vs 2 Fiorentina | Torino 0 vs 0 Frosinone | Sassuolo 0 vs 3 Lecce | Hellas Verona 1 vs 0 Udinese | Empoli 1 vs 0 Napoli European Championships Qualifying: Leicester City 5 vs 0 Southampton | Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday | Queens Park Rangers 1 vs 0 Preston North End | Norwich City 1 vs 1 Bristol City | Huddersfield Town 0 vs 4 Swansea City | Stoke City 3 vs 0 Plymouth Argyle | Cardiff City 2 vs 1 Southampton | Rotherham United 0 vs 0 Birmingham City | Sunderland 0 vs 1 Millwall FC | Watford 0 vs 0 Hull City | Leicester City 2 vs 1 West Bromwich Albion FA Cup: Coventry City 3 vs 3 Manchester United | Manchester City 1 vs 0 Chelsea English Championship: Leicester City 5 vs 0 Southampton | Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday | Queens Park Rangers 1 vs 0 Preston North End | Norwich City 1 vs 1 Bristol City | Huddersfield Town 0 vs 4 Swansea City | Stoke City 3 vs 0 Plymouth Argyle | Cardiff City 2 vs 1 Southampton | Rotherham United 0 vs 0 Birmingham City | Sunderland 0 vs 1 Millwall FC | Watford 0 vs 0 Hull City | Leicester City 2 vs 1 West Bromwich Albion Katima Mulilo: 15° | 36° Rundu: 15° | 35° Eenhana: 17° | 36° Oshakati: 18° | 35° Ruacana: 17° | 35° Tsumeb: 18° | 33° Otjiwarongo: 17° | 32° Omaruru: 16° | 34° Windhoek: 15° | 29° Gobabis: 18° | 31° Henties Bay: 15° | 20° Wind speed: 23km/h, Wind direction: S, Low tide: 09:08, High tide: 03:09, Low Tide: 21:13, High tide: 15:31 Swakopmund: 15° | 17° Wind speed: 31km/h, Wind direction: SW, Low tide: 09:06, High tide: 03:07, Low Tide: 21:11, High tide: 15:29 Walvis Bay: 16° | 25° Wind speed: 34km/h, Wind direction: SW, Low tide: 09:06, High tide: 03:06, Low Tide: 21:11, High tide: 15:28 Rehoboth: 17° | 31° Mariental: 20° | 33° Keetmanshoop: 20° | 33° Aranos: 20° | 33° Lüderitz: 14° | 27° Ariamsvlei: 20° | 32° Oranjemund: 13° | 20° Luanda: 26° | 28° Gaborone: 20° | 32° Lubumbashi: 15° | 27° Mbabane: 16° | 25° Maseru: 12° | 26° Antananarivo: 16° | 27° Lilongwe: 16° | 29° Maputo: 20° | 29° Windhoek: 15° | 29° Cape Town: 16° | 22° Durban: 19° | 25° Johannesburg: 19° | 29° Dar es Salaam: 23° | 28° Lusaka: 17° | 30° Harare: 15° | 30° Currency: GBP to NAD 23.73 | EUR to NAD 20.43 | CNY to NAD 2.64 | USD to NAD 19.1 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.34 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.73 | ZWL to NAD 0.04 | BRL to NAD 3.7 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.04 | USD to AOA 832.83 | USD to BWP 13.88 | USD to EGP 48 | USD to KES 133.98 | USD to NGN 1230 | USD to ZAR 19.12 | USD to ZMW 25.96 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 74010.81 Up +0.62% | Namibian Stock Exchange (NSX) Overall Index 1522.16 Down -0.31% | Casablanca Stock Exchange (CSE) MASI 13246.66 Down -0.42% | Egyptian Exchange (EGX) 30 Index 26777.05 Down -4.86% | Botswana Stock Exchange (BSE) DCI 9132.5 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$ 2 322.13/OZ DOWN -0.005 | Copper US$ 4.41/lb DOWN -0.0133 | Zinc US$ 2 806.90/T DOWN -0.08% | Brent Crude Oil US$ 88.37/BBP UP +1.37% | Platinum US$ 909.08/OZ DOWN -0.0129 Sport results: Premier League: Arsenal 5 vs 0 Chelsea | Fulham 1 vs 3 Liverpool | Aston Villa 3 vs 1 Bournemouth | Crystal Palace 5 vs 2 West Ham | Everton 2 vs 0 Nottingham Forest | Wolves 0 vs 2 Arsenal | Luton Town 1 vs 5 Brentford | Sheffield United 1 vs 4 Burnley LaLiga: Sevilla 2 vs 1 Mallorca | Real Madrid 3 vs 2 Barcelona | Deportivo Alaves 2 vs 0 Atletico Madrid | Almería 1 vs 2 Villarreal | Getafe 1 vs 1 Real Sociedad | Girona 4 vs 1 Cadiz | Valencia 1 vs 2 Real Betis | Rayo Vallecano 2 vs 1 Osasuna | Celta Vigo 4 vs 1 Las Palmas SerieA: AC Milan 1 vs 2 Inter Milan | AS Roma 1 vs 3 Bologna | Monza 1 vs 2 Atalanta | Salernitana 0 vs 2 Fiorentina | Torino 0 vs 0 Frosinone | Sassuolo 0 vs 3 Lecce | Hellas Verona 1 vs 0 Udinese | Empoli 1 vs 0 Napoli European Championships Qualifying: Leicester City 5 vs 0 Southampton | Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday | Queens Park Rangers 1 vs 0 Preston North End | Norwich City 1 vs 1 Bristol City | Huddersfield Town 0 vs 4 Swansea City | Stoke City 3 vs 0 Plymouth Argyle | Cardiff City 2 vs 1 Southampton | Rotherham United 0 vs 0 Birmingham City | Sunderland 0 vs 1 Millwall FC | Watford 0 vs 0 Hull City | Leicester City 2 vs 1 West Bromwich Albion FA Cup: Coventry City 3 vs 3 Manchester United | Manchester City 1 vs 0 Chelsea English Championship: Leicester City 5 vs 0 Southampton | Middlesbrough 3 vs 4 Leeds United | Blackburn Rovers 1 vs 3 Sheffield Wednesday | Queens Park Rangers 1 vs 0 Preston North End | Norwich City 1 vs 1 Bristol City | Huddersfield Town 0 vs 4 Swansea City | Stoke City 3 vs 0 Plymouth Argyle | Cardiff City 2 vs 1 Southampton | Rotherham United 0 vs 0 Birmingham City | Sunderland 0 vs 1 Millwall FC | Watford 0 vs 0 Hull City | Leicester City 2 vs 1 West Bromwich Albion Weather: Katima Mulilo: 15° | 36° Rundu: 15° | 35° Eenhana: 17° | 36° Oshakati: 18° | 35° Ruacana: 17° | 35° Tsumeb: 18° | 33° Otjiwarongo: 17° | 32° Omaruru: 16° | 34° Windhoek: 15° | 29° Gobabis: 18° | 31° Henties Bay: 15° | 20° Wind speed: 23km/h, Wind direction: S, Low tide: 09:08, High tide: 03:09, Low Tide: 21:13, High tide: 15:31 Swakopmund: 15° | 17° Wind speed: 31km/h, Wind direction: SW, Low tide: 09:06, High tide: 03:07, Low Tide: 21:11, High tide: 15:29 Walvis Bay: 16° | 25° Wind speed: 34km/h, Wind direction: SW, Low tide: 09:06, High tide: 03:06, Low Tide: 21:11, High tide: 15:28 Rehoboth: 17° | 31° Mariental: 20° | 33° Keetmanshoop: 20° | 33° Aranos: 20° | 33° Lüderitz: 14° | 27° Ariamsvlei: 20° | 32° Oranjemund: 13° | 20° Luanda: 26° | 28° Gaborone: 20° | 32° Lubumbashi: 15° | 27° Mbabane: 16° | 25° Maseru: 12° | 26° Antananarivo: 16° | 27° Lilongwe: 16° | 29° Maputo: 20° | 29° Windhoek: 15° | 29° Cape Town: 16° | 22° Durban: 19° | 25° Johannesburg: 19° | 29° Dar es Salaam: 23° | 28° Lusaka: 17° | 30° Harare: 15° | 30° Economic Indicators: Currency: GBP to NAD 23.73 | EUR to NAD 20.43 | CNY to NAD 2.64 | USD to NAD 19.1 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.34 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.73 | ZWL to NAD 0.04 | BRL to NAD 3.7 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.04 | USD to AOA 832.83 | USD to BWP 13.88 | USD to EGP 48 | USD to KES 133.98 | USD to NGN 1230 | USD to ZAR 19.12 | USD to ZMW 25.96 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 74010.81 Up +0.62% | Namibian Stock Exchange (NSX) Overall Index 1522.16 Down -0.31% | Casablanca Stock Exchange (CSE) MASI 13246.66 Down -0.42% | Egyptian Exchange (EGX) 30 Index 26777.05 Down -4.86% | Botswana Stock Exchange (BSE) DCI 9132.5 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$ 2 322.13/OZ DOWN -0.005 | Copper US$ 4.41/lb DOWN -0.0133 | Zinc US$ 2 806.90/T DOWN -0.08% | Brent Crude Oil US$ 88.37/BBP UP +1.37% | Platinum US$ 909.08/OZ DOWN -0.0129