In a remarkable display of financial acumen, the Financial Intelligence Centre (FIC) of Namibia has significantly impacted domestic tax collection efforts. A recent report revealed that the FIC’s diligent monitoring and enforcement of anti-money laundering (AML) and counter-terrorism financing (CFT) regulations have substantially increased capital tax revenue. This achievement is a testament to the organisation’s...
Capricorn Group delivered a strong financial performance in its interim financial results for the six months ended 31 December 2024. The figures, released yesterday, show that Capricorn›s profit after tax increased by 28.4% to N$1.06 billion, compared to N$827.6 million during the same period last year. This translates to a 29.1% rise in earnings per...
Namibia stands at a crucial juncture in its development journey. Joining the BRICS Plus community offers immense potential to advance its socio-economic goals. As a country rich in resources and poised for growth, Namibia can significantly benefit from the collaboration, innovation and global influence that BRICS Plus represents. One of the most compelling reasons for...
As we mourn and remember one of Africa’s greatest liberation icons – the likes of Sam Nujoma and Kenneth Kaunda – I vividly remember Tatekulu Nujoma’s visit to Lüderitz in 1998, when we celebrated the importance of children under the theme ‘Putting children first’. As senior youth officer in the then-Ministry of Youth and Sport,...
Initially launched in 2016 in Hangzhou China, Electronic World Trade Platform (eWTP) is a private sector-led stakeholder initiative to promote public-private collaboration and dialogue in support of inclusive global trade. The eWTP has been working with partners to share experiences and deploy advanced technology and policy consultation in support of global trade. By doing so,...
Imagine driving a car without ever checking the brakes. It works until one day, it does not, and the consequences are catastrophic. The same holds for cybersecurity oversight. Recently, Telecom Namibia reported a “cyber incident,” and investigations are allegedly ongoing. This incident once again highlights a critical need for stronger cybersecurity governance. For Namibian boards,...
Namibia’s painful history is marked by episodes of exclusion, where specific segments of society were systematically barred from participating in lucrative economic activities. Profitable ventures were reserved for only one segment of society – a practice that some individuals in contemporary Namibia continue to maintain through deceptive tactics disguised as wildlife conservation. However, as events...
In memorialising the passing of the Founding President Father of the Namibian Nation Sam Shafiishuna Nujoma, it is imperative that we share certain memories of his long life journey and enormous contribution to the struggle of his people for freedom, justice and independence. In the memorialisation, we included snippets about the creation of the Namibian...
Otniel Hembapu Isai Sipunga Through song and dance, hundreds of Namibians yesterday swarmed the streets of Windhoek to bid a final farewell to the country’s Founding President Sam Nujoma, who will be laid to rest at the Heroes Acre tomorrow on the outskirts of the capital. Nujoma, who died on 8 February aged 95 in...
Lahja Nashuuta The Supreme Court will deliver the long-awaited ruling on the validity of Namibia’s 2024 Presidential election today. The court will pronounce judgement on two cases submitted by the Independent Patriots for Change (IPC) on 23 December 2024. The IPC seeks to have the Presidential election declared invalid, overturning the victory of the Swapo...