A proposed universal Basic Income Grant (BIG) for every Namibian can only be sustainably implemented if government finds the funds for the initiative from existing sources, as the country cannot afford to increase either the budget deficit or its public debt.
The Namibian Employers’ Federation (NEF) yesterday said the Integrated Tax Administration System (ITAS) portal lacked guidelines for employers, which makes the system particularly unfriendly for users.
Parliamentarians were this week given a glimpse of the total value of the state’s asset register, with finance minister Iipumbu Shiimi revealing the latest electronic register stood at N$11.9 billion inclusive of immovable and movable assets as at 16 September 2020.
Research conducted by Usuta Kavari, a Namibian economist currently furthering his studies in the United Kingdom, found that while microlending and payroll deductions improved the institutional environment that engendered financial deepening in Namibia, a need exists to improve compliance standards to ensure that consumers are protected and not put at risk of unscrupulous and predatory lending practices.
WINDOKO – Likwambuyu wa Misebezi ni Linzila John Mutorwa, ufile mamela kuli nihakuna ni tokwahalo ya masheleñi mwakueza mapurojekiti abutokwa, sina naha haitalimana ni kakokwani ka Korona, hakuna libaka hala kusupala kwa miyaho.
The Government Institutions Pension Fund (GIPF) has reassured its members and stakeholders that underlying companies and investments associated with fund manager, Baobab Capital, through its growth fund as a Special Purpose Vehicle (SPV), remain safe and sound.
A true Namibian trailblazer in her own right, Nangula Uaandja was Namibia’s first black female chartered accountant and since then has amassed over 23 years’ experience in the auditing sphere.
Chantell Husselmann became the Country Senior Partner at auditing firm PwC at the beginning of July 2020.
Minister of Works and Transport, John Mutorwa, has cautioned that while there is a lack of funds for many important projects, particularly as the country faces the daunting challenge of the Covid-19 pandemic, this is no excuse for the dilapidation of crucial infrastructure.
The greatest health threat of a generation that has impacted every single economy in the world, the global Covid-19 pandemic, was the main reason that FirstRand Namibia’s profit before tax decreased by almost a quarter (23.7%), from N$1.58 billion in 2019 to N$1.21 billion this year.
FirstRand Namibia executive Andrew Kanime has been appointed as Namport CEO, New Era understands.
The time is now for governments and aviation industry stakeholders around the world to start planning for the massive task of distributing a Covid-19 vaccine for if and when it becomes available.
FNB’s second-quarter Residential Property Report states that although property market sentiments may appear to point to a further decline in house prices due to expected distressed sales, the bank nonetheless believes the downward trend has seemingly reached its pinnacle for two reasons.
An astronomical N$10 billion in Fishrot-linked funds have been red-flagged by one of the country’s top financial watchdogs as suspected proceeds of illegal activities.
The Namibia Cabin Crew Union (NCCU) has accused Air Namibia’s interim CEO and his management team of having declared war with the airline’s workers following a notice of 50% salary reduction for staff who have been grounded due to the Covid-19 pandemic.
The Public Service Employee Medical Aid Scheme (Psemas) now covers the majority of the cost of a Covid-19 test, in fact up to 95% of the tariff, if a member is booked for surgery.
“With the current budget deficit, government will be left with no choice but to seek more bailout loans and further send the finance position of the country on a downward path.
The Minister of Fisheries and Marine Resources, Albert Kawana, Wednesday lashed out at critics of the new fish quota auctioning policy, saying allegations that this course of action could result in another ‘fishrot’ scandal should be outright rejected.
The man at the helm of the biggest local listing on the Namibia Stock Exchange (NSX), Vetumbuavi Mungunda, has confirmed his resignation and will leave Standard Bank Namibia (SBN) Holdings Group with effect from 1 May 2021.
ǀAEǁGAMS – Covid-19 xa !aromahe hâse ra sîsenǀû kaihe khoen di ǂharo ra !gôab !hūb a ǂhawaseb ge hâ a ǁgoaǂuidi di ǀguis ǀguisa i.