Ms Throw Away 👸🏽🇵🇸🇳🇦

Mother,Sister,Friend,Auntie .God is the director of my Life.From the Land of the Brave

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

All I'm saying my phone upgrades are happening, title deed will be signed ,new car is coming, international travel will be happening, side business is going to bring in that money,working will be hybrid or remotely, body will be fetched ,mental will be stable. Universe hear me

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

Even me I would lose it 😭😭💔💔

[Namibian Sun @namibiansun]

EMOTIONALLY-CHARGED: Chaos erupted outside Ondangwa Magistrate’s Court this afternoon after Abner Matheus - alleged mastermind of the death of late prosecutor Justine Shiweda - requested a health break during proceedings in the bail application of his nephew, Petrus Shikwaya.

As Matheus was escorted out of the courtroom to wash his face, several relatives of Shiweda broke down in tears and confronted him.

Shiweda’s sisters were heard questioning Matheus about why he allegedly targeted their “innocent sister”.

“Why did you do this to our sister? She did nothing to you,” they cried.

The confrontation prompted police officers to intervene.

Officers quickly ushered Matheus away from the scene and escorted him to safety.

VIDEO: TUYEIMO HAUFIKU

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

Wait what damn

[Formula 1 @F1]

BREAKING: Pierre Gasly has been reinstated into P3 for the Monaco Grand Prix

The Stewards have rescinded the two five-second penalties imposed on Pierre Gasly during the race for speeding in the pit lane

#F1

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

Interesting read and take

[Trophy Boyfriend @Khaze10]

Greetings to all Namibian Goverment Employees, the Unions, and the Government of The Republic of Namibia (GRN)

Subject: The GRN Employee Housing Scheme (GRN Subsidy): Is It Truly Beneficial to the Employee and Sustainable to the GRN?

I trust all is well with you.

In reference to the interview between the Rt Hon Prime Minister and Nampa on Friday, it was noted that the GRN subsidizes housing for its employees by 66%. If the maximum value of the house is N$792,000.00, the GRN pays N$522,720.00, and the employee pays N$269,280.00 over a purchase period of roughly 20 years (240 months). This scheme has proven to be costly and unsustainable for the GRN.

This issue also stems from the relationship between our financial institutions, particularly the commercial banks, and the GRN. Let's consider the following scenario:

I, (GRN employee), qualify for a housing subsidy of N$690,000.00. The GRN (Employer)will cover N$455,400.00 (66%), and I will cover the remaining N$234,600.00 (34%). When I apply for a loan against my housing subsidy with my bank (Middleman), Bank Windhoek, charges an 11.5% interest rate compounded annually for 20 years (240 months). This translates into the following over this period:

1. Monthly mortgage payment:N$7,358.36
2. Interest paid over the lifetime of the loan: N$1,076,007.47
3. Total repayments over the lifetime of the loan: N$1,766,007.47

It's important to note that, in actual terms, we cannot say the GRN contributes 66% of this amount, because the subsidy is taxed and the employee ends up contributing more to cover the difference. Keep this in mind!

Let's break this down. For a monthly payment of N$7,358.36, the GRN contributes (66%) N$4,856.52, and I, the GRN employee, contribute (34%) N$2,501.84.
Here lies the problem. If I take my monthly contribution of N$2,501.84 and multiply it by 240, it totals N$600,441.60. This amount, which goes straight to the bank, is almost equal to the principal amount of N$690,000.00, translating to approximately 87%.
Now, if we consider the GRN's contribution of N$4,856.52 x 240, it totals N$1,165,564.80.
This means N$1,165,564.80 goes straight to the bank from the GRN, and it mostly excludes the principal, as I would have almost covered it (+/- 87%) with my contributions. To make matters worse, this amount is almost double the principal amount. In summary, the bank receives the principal back from my contributions and gains double this amount extra from the GRN.
Hence, from a loan of N$690,000.00, the bank ends up receiving a total of N$1,766,007.47, which is almost triple the principal amount, translating to 2.6% times the initial value.

Questions to Ponder around:

1. Is this sustainable for the GRN?
2. What is the benefit for the GRN employee in the above scenario, as he/she would have almost covered the principal amount over 240 months?
3. Is the government's contribution only designed to cover the bank's interest over the purchase period?
4. Is there a better way to address this issue, or can we come up with sustainable alternatives to consider?
5. Should we perhaps eliminate the involvement of commercial banks (Middleman) and deal directly with the employee, or improve First Capital to address this issue?
6. Why is the housing subsidy taxed?
7. Is this a subsidy or loan Loan from the Employer to the Employee?
8. How much does the Employer collects in this transaction as dividends from the Employee through the Middleman?

Article by:
MR Taljaard Uaputauka
085 532 5324
TEACHER, GOBABIS Project School

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

You are alone is supporting Morocco we don’t forget

[Micky 🎤⚽️🌱🇳🇦 @Micky_right]

Next game is Brazil vs Morocco the whole of Africa will be supporting Morocco 🇲🇦 🇲🇦🇲🇦🇲🇦🔥🔥🔥🔥

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

@Black_Jesus1 I can’t wait

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

Nah soccer is such a emotional game 🤣🤣

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

SA is getting grilled,braaied, cooked

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

😩😩🤣🤣🤣

[lobistars🇵🇹 @john322226]

South African players are beginning to commit deliberate fouls.

They are now mistaking the Mexico “green and white” jerseys for Nigeria jerseys.

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

Ashley Ashley are you even hearing yourself

[Ashley @Coco_Paen]

They must come back to their country. If Namibia is not taking care of their sports sector, it is not South Africa’s duty to take care of it for him.

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

I still love South Africa but they should just behave nxa , it’s all we ask

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

@MTCNamibia your network is tripping real badly

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

@crazynellz 🤣🤣

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

Stay strong sissy 😩

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

@Coco_Paen But what you said includes yourself right , we are all Africans and we should all respect each others laws and all but you can’t say F us all girl nope 🙂‍↔️

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

Ashley No you are big

[Ashley @Coco_Paen]

Fuck the Africans.

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

The Red cards are flying

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

They thought what would happen

[Angy @angy_pangy_]

The lack of support for SA this World Cup is LOUD!!! Africa collectively said “you are alone” sana 💀 You can’t chase Africans out your country then expect Africa to cheer for you 🤷🏽‍♀️.

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

Mexico Mexico 💃🏾💃🏾💃🏾

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

@simeonaccount FOMO got I’m watching

[Ms Throw Away 👸🏽🇵🇸🇳🇦 @ItsJenn_fer]

I don’t even give shits about it hey

[Simmy 🇳🇦 @simeonaccount]

FIFA World Cup in a few hours and there is absolutely zero hype🫩😭