The Arrest and the N$6m exit package
Niël Terblanché
A female member of the Namibian Petroleum Corporation’s Board of Directors has been arrested on charges relating to the possession of illicit drugs shortly after a meeting of the b...
Tuesday, March 28
LATEST NEWS
National
SPYL Secretary hits back at Amupanda
STEFANUS NASHAMA
SWAPO Party Youth League Secretary, Ephraim Nekongo has hit back at Affirmative Repositioning activist Job Amupanda, who last week said that the ruling party is old, fatigued, and...
AG wants N$ 5 million to attain independence
Hertta-Maria Amutenja
The Office of the Auditor General will need N$ 4 980 000 to acquire and maintain the institution’s financial and operational autonomy.
This is according to the Minister in...
LPM youth leader calls for 80 percent youth employment in the mining sector
Martin Endjala
The Landless People’s Movement Youth Leader Duminga Ndala is calling for 80 percent employment in the mining sector to be filled up by young people, saying this will result in direc...
Exponential economic growth is urgently needed
Niël Terblanché
Drastic steps will have to be taken to exponentially boost the natural growth of Namibia’s economy because the current trend will not be sufficient to address the country’s ambitio...
Hengari prioritizing Nauyoma and Amushelelo’s release
STEFANUS NASHAMA
Youth Activist and Popular Democratic Movement (PDM) Member of Parliament Inna Hengari yesterday said the release of Michael Amushelelo and Dimbulukweni Nauyoma remains her top pr...
Youth unemployment must be addressed urgently
Niël Terblanché
A special meeting of the central committee of the SWAPO Party Youth League (SPYL) has been requested to address the rampant unemployment of especially the youth in Namibia.
In a...
EDITORIAL
There is no miracle of loaves and fishes at events
This year’s embarrassment of an insufficient Independence Day budget was evident when the annual post-speech and program food handouts went sideways in Outapi.
Who wouldn’t want something like a b...
At 33, it is time to grow up
Consider this situation: your 33-year-old underperforming offspring is sleeping each night on your sofa, usurping the remote control, not delivering on promises and obligations, demanding that you fe...
All that Glitters Is Not Gold
Oil is black gold, and its recent discovery in potentially commercial quantities in Namibia is a mixed blessing. QatarEnergy discovered light oil in their Jonker-1X deepwater well located 270 km off ...
FISHROT: Justice delayed is Justice Denied
We embrace the timeless words spoken by Dr. Martin Luther King, Jr., who quoted a 19th-century British Prime Minister, “…justice too long delayed is justice denied.” Currently, the Namibian judiciary...
Old Age Grants must be based on the cost of living
Adding N$100 to the monthly Old Age Grant and the Disability Grant in Namibia, making the amount received N$1,400, does not make this year’s budget, as recently announced by Iipumbu Shiimi, Minister ...
MONEY
JSE lifts suspension of trade in Trustco shares
Niel Terblanche
The Johannesburg Stock Exchange (JSE) has with immediate effect lifted the suspension on the trading of Trustco Group Holding’s shares.
“We are pleased to have our shares reinst...
Distribution of death benefits from pension funds mandatory
Stefanus Nashama
The Namibia Financial Institutions Supervisory Authority (NAMFSA) announced that the institution will ensure pension benefits will be distributed to the beneficiaries of deceased ...
Central bank launches regulatory reporting system
Hertta-Maria Amutenja
The Bank of Namibia yesterday launched an Automated Regulatory Reporting System, which the central bank says will assist in maintaining financial stability and mitigate risks...
Local Ownership must start with the state-Alweendo
Martin Endjala
The Minister of Mines and Energy, Tom Alweendo says that local ownership must start with the state, in whose ownership of the country’s natural resources is vested. The proposed Sta...
FirstRand Namibia CFO rumoured to join SOE Department
Martin Endjala
The Chief Financial Officer of FirstRand Namibia, Oscar Capelao has resigned, the company announced.
Capelao’s resignation is effective end of April this year. The FirstRand Nami...
RMB Namibia wins Best Trade Finance Bank in Namibia
Staff Writer
RMB Namibia was recently named Best Trade Finance Bank in Namibia 2023 at the 23rd annual World's Best Trade Finance Providers Awards by Global Finance magazine.
The awards recogni...
