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Martin Endjala Bank of Namibia (BoN) has found that CBI Exchange Namibia (Pty) Ltd and Coenraad Baren Nolte Botha are in contravention of the Banking Institutions law, for collecting money from the public without being authorised to do so. This follows the banks’ investigations into the business activities of CBI Exchange Namibia (Pty) Ltd and Coenraad Barend Nolte Botha, who are suspected of conducting banking business by receiving, accepting, or taking deposits from the public, without being licensed. The Bank of Namibia said yesterday that at the time the assessment was conducted, it further revealed that the deposits were so…

Niël Terblanché The Minister of Urban and Rural Development, Erastus Uutoni, has urged local authorities across Namibia to embrace the role of champions in fostering local economic development. While delivering the keynote address at the official opening of the Association of Local Authorities in Namibia (ALAN) LED Indaba in Lüderitz, Uutoni stressed the need for bold vision, practical actions, and compassionate service in this endeavour. The theme of this year's Indaba, "Promoting Local Economic Development through Inclusive Strategic Planning, Innovation, and Diversification of Revenue Streams," underscores the critical importance of proactive measures at the local level to drive economic growth…

Niël Terblanché Katima Mulilo, the capital of the Zambezi region, is pulsating with energy as preparations for the 34th Independence Day celebrations reach a fever pitch. With just seven days remaining until the monumental day on March 21st, the town has transformed into a bustling hub of activity, eagerly anticipating its role as the host of this year's official national festivities. The focal point of the preparations is the Katima Mulilo Sports Complex, where the official celebrations will unfold. Chaired by Governor Lawrence Sampofu, the Local Preparatory Committee orchestrates meticulous planning, holding regular meetings to ensure every aspect is meticulously…

Niël Terblanché In an ambitious stride towards reforming health care services, the Ministry of Health and Social Services is leading with the introduction of a new Performance Management System (PMS), in its efforts to enhance service quality and efficiency. This initiative is part of a series of directives emanating from its National Management Development Forum, aimed at elevating the standards of health care delivery across the nation. At the heart of these reforms is the ministry's commitment to fully implement the PMS, a task that has presented its share of challenges. Ben Nangombe, the ministry's Executive Director, has been instrumental…

Martin Endjala Namibia Chamber of Commerce and Industry (NCCI) President, Bisey /Uirab has extended a call to the business community to play their part in ensuring compliance with laws, rules and regulations of the industry and those of the country. This is amidst the NCCI’s ongoing partnership with the Namibia Revenue Agency (NamRA) in ensuring tax compliance by businesses, big and small. “With NamRA, we have made strides in sensitising businesses on tax compliance and the importance of meeting obligations through initiatives like the ITAS training programme. I am pleased to announce that in 2023 alone, we successfully trained 108…