WINDHOEK - Namibian Ports Authority, Namport, chief executive, Bisey /Uirab, has been in charge at what is arguably the best performing parastatal since April 2009.
WINDHOEK – A sluggish and weak domestic economy in 2018 that is struggling to recover from an ongoing recession, following negative growth of 0.9 percent recorded in 2017, is taking its toll on both business and households
WINDHOEK – Despite recent media speculation that the CEO of the Namibia Ports Authority (NamPort), Bisey /Uirab, has been tipped to take over at the helm of the beleaguered Namibia Airports Company (NAC), neither the NAC chairman, Dr Leake Hangala, nor the line minister, Minister of Works and Transport John Mutorwa, were willing to confirm the appointment.
WINDHOEK – The Minister of Fisheries and Marine Resources, Bernardt Esau, is not happy with the coordination of activities in the country’s aquaculture stations, saying that production activities are still not sustainable
WINDHOEK – Namibia must take value addition within the fishing sector, which remains one of the country’s key economic sectors, to new heights in 2019. This is according to Fisheries and Marine Resources Minister, Bernhardt Esau,
WINDHOEK – Dinapama Manufacturing and Supplies, a wholly-owned local clothing manufacturer, has, in conjunction with the labour ministry, yesterday embarked on an initiative to improve productivity which, in turn, is expected to reduce costs and improve quality
WINDHOEK – Two consecutive and substantial fuel price decreases in December 2018 and January 2019, combined with stable prices confirmed by the Ministry of Mines and Energy for February 2019, bring relief to not only motorists, but to all businesses and consumers at a time when the economy is still not gaining much momentum.
WINDHOEK - The N$190 million Peugeot assembly plant in Walvis Bay is still in the pre-series production phase that entails training employees and validating the production process.
The latest data from the Ministry of Labour, Industrial Relations and Employment Creation indicates that during the second half of 2018 close to 2 500 people were retrenched from 128 locally-based companies.
WINDHOEK – The Roads Authority (RA) yesterday said that more than N$250 million owed to Namibia Traffic Information System (NaTIS) does not have a direct impact on its operations but that all the collected outstanding fees will be channelled towards maintaining the country’s road network and the construction of new roads. This funding will be done via the Road Fund Administration, which falls under the Ministry of Finance.
WINDHOEK - Road infrastructure is a growth enabler, enabling trade, integration and the movement of people.
WINDHOEK – A national workshop is planned in response to concerns raised regarding the operational efficiency of the Central Procurement Board as well as Procurement Policy Unit.
WINDHOEK – After surviving negative economic growth for the last two years, the Minister of Finance expects the worst effects of the recession to be over but has cautioned that the prolonged slump still calls call for comprehensive and targeted actions by both government and the private sector despite the expectation of moderate growth in the Namibian economy this year.
WINDHOEK – Many Windhoek residents were flabbergasted when they received their January water bills from City of Windhoek which in no way resembled the average monthly usage.
WINDHOEK – Following a 2018 study of the local automotive industry, the Namibian Competition Commission (NaCC) says the biggest concerns in respect of competition and market structure were found in the application of franchising in the vehicle retail market, more specifically the market for new vehicle sales, whereby one company is given exclusive rights by the franchisor to sell a certain brand in the entire country.
WINDHOEK – During 2018, the Ministry of Finance uncovered more corruption cases within its corridors compared to the previous year. Addressing his staff yesterday, Minister of Finance, Calle Schlettwein, revealed that while only six corruption cases were exposed in 2017/18, this year, the figure increased to more than double with 15 corruption cases discovered.
WINDHOEK – Air Namibia is fighting tooth and nail to have an attachment order by a German court thrown out as it argues that the judgement by a Munich court in January 2015 remains enforceable only in Germany.
WINDHOEK - The only accrual-based stakeholders that managed to receive three consecutive unqualified audit opinions between 2014 and 2017 were the Erongo Regional Council and the Aroab Village Council.
WINDHOEK – An ugly spat between a local company, Khomas Civil Construction (KCC), and an Italian company called the Enertronica Group (EG), is brewing as accusations and counter-accusations are being thrown about by the two entities. EG, last year erected a five-Megawatt solar power plant in the Erongo Region for which it employed KCC to complete specific construction work.
WINDHOEK – Minister of Industrialisation, Trade and SME Development, Tjekero Tweya, has called for an intensification of strategic alliances between Namibia and India to yield tactical outcomes fast-tracking industrialisation and prosperity for the two countries.