The country’s non-banking financial institutions and financial services’ watchdog has appointed Imanuel Hawanga as general manager for capital markets. The appointment by the Namibia Financial Institutions Supervisory Authority (Namfisa) is effective from 3 June 2024. Hawanga holds a Master of Science in International Banking and Finance degree from the University of Salford, Manchester, a postgraduate...
Stock brokerage Simonis Storm (SS) projects that with stable consumption spending, the domestic economy could experience a more balanced inflationary environment, which would in turn foster sustainable economic growth for the remainder of the year. This is as the domestic annual inflation rate continues to ease more rapidly than anticipated. SS has maintained its forecast...
Noreen Sitali THE official closing of the third ordinary session of the sixth Pan-African Parliament marked a unified occasion at the parliament’s headquarters in Midrand, South Afric, last week, as members reflected on Africa’s pressing issues for resolutions and recommendations. Pan-Af r i can Parl iament president Fortune Charumbira urged member states to unite, and...
RUNDU – Governor of the Kavango West region Sirkka Ausiku said the lack of reliable internet access is a significant hurdle in her region. Ausiku made the remarks during her 10th state of the region address held at Nkurenkuru on Friday, saying that according to the most recent figures by the Namibia Statistics Agency, 29.1%...
The Ministry of Agriculture, Water and Land Reform has clarified that the exportation of live cattle (weaners) to South Africa has not ceased, as per recent rumours in the public arena. In a media statement issued on Friday by the ministry, it said anyone wishing to export live cattle to SA should apply for the...
KEETMANSHOOP – To address the huge housing backlog, Keetmanshoop municipality held a groundbreaking ceremony recently for the construction of 30 houses for low-income residents in the town’s Extension 7 area. Mayor McDonald Hanse said the ceremony is part of accommodating the homeless through the Build Together scheme. “It is not required from identified beneficiaries to...
The failed National Unity Democratic Organisation’s elective congress has a huge financial and credibility cost, and could further shatter the party’s unity. Despite spending nearly N$1 million, of which N$300 000 was allegedly borrowed, the party’s long-awaited congress ended in tears this weekend. Delegates to the congress started arriving in Windhoek on Thursday. By Friday,...
Lahja Nashuuta Landless People’s Movement leader Bernadus Swartbooi has taken a swipe at National Planning Commission director general Obeth Kandjoze, who last week was quoted as saying the recent oil discovered in Namibia does not belong to Namibians. Swartbooi was addressing an LPM public meeting in the capital over the weekend. “I understand that Kandjoze...
Former education minister Katrina Hanse-Himarwa died in a Windhoek hospital yesterday after a battle with stomach cancer. She was 57. Her husband, Ghenno Himarwa, said his wife will be treasured for the joy she brought into their lives. The late Hanse-Himarwa is fondly remembered as a mother, teacher and politician, and those closest to her...
WALVIS BAY – A N$100 000 donation pledge by RedForce during the Walvis Bay mayoral gala dinner last year has come back to haunt the council. This is now being questioned by the residents. During a lunchtime protest last week, residents alleged that the donation was a “thank you” from RedForce after the company was...