Namibia exported over 19000 head of cattle on the hoof between June and last month, which saw overall exports of live cattle increase from 17 361 head exported during June 2024 to over 19 000 exports in July 2024. The latest Livestock and Livestock Products Board of Namibia (LLPBN) report indicates that a surge in...
O&L Leisure this week announced the successful conclusion of wage negotiations with a new agreement effective from 1 July 2024 being reached. O&L Leisure is a subsidiary of the Ohlthaver & List (O&L) Group. No details of the new agreement have been revealed yet as the group said it is still in the process of...
Industry pundits believe Namibia is facing a watershed moment in its nascent petroleum sector, prompting calls for the implementation of a structured licence bidding system to increase openness and accountability in the sector. Such an approach is viewed as being critical to the successful management of the country’s natural resources. In a presentation last week...
The Government Institutions Pension Fund (GIPF) has cautioned its members on a recent scam attempt. The fund has warned all its members, annuitants, spousal and children beneficiaries about a recent scam attempt advising GIPF clients to report to the fund’s offices to receive money. “The fund urges its members to be vigilant and protect yourself...
Iuze Mukube Namibia Breweries Limited, one of the major private sector players in the domestic economy, last week unveiled a new wine packaging line, constituting an investment of N$337 million. The new packaging line, a significant milestone for the company, is a strategic move to expand production capacity, and diversify the brand portfolio. At the...
KATIMA MULILO – Popular Democratic Movement leader McHenry Venaani on Sunday promised to create jobs for the country’s unemployed and turn around the economy as he seeks to attract voters ahead of the national elections. Venaani was addressing a packed Katima Mulilo sports complex as he launched his party’s election manifesto, to the delight of...
Festus Hamalwa Auleria Wakudumo OMUTHIYA – President Nangolo Mbumba says the relentless efforts made by the heroes and heroines of the liberation struggle for Namibia’s freedom must be valued and appreciated. He said without their contribution during the days of the struggle, freedom and independence would have been a mirage. “On this significant day, we...
Namibia has, in a bold move, taken a stand against the ongoing Israeli war on Palestinians, and blocked a vessel carrying weapons destined for Israel from docking in Namibia. In a significant move, Justice minister Yvonne Dausab made the courageous call on Friday to the relevant authorities, including the Namibian Ports Authority, not to allow...
The Bank of Namibia (BoN) has refuted a statement from Trustco Group Holdings (TGH), the parent company of Trustco Bank Namibia (TBN), that depositors’ funds are guaranteed and held by it. This is after TGH on Friday announced its decision to exit the investment in its commercial banking portfolio, which the group stated accounts for...
Lahja Nashuuta While the focus of most Namibians was on Omuthiya, where the commemoration of Heroes’ Day was taking place, a fraction took to the streets to push for the implementation of the universal basic income grant (BIG). Accepting the petition from protestors yesterday, the acting executive director in the Ministry of Gender Equality, Poverty...