2020-06-16Edgar Brandt The prevalence of Covid-19 has intensified numerous challenges for Namibians trying to earn a decent living and has exacerbated the vulnerability of key economic sectors, small and medium enterprises, as well as the informal economy. View more
2020-06-17Edgar Brandt Despite more than 100 retrenched Hilton Hotel workers claiming they were frustrated by the refusal of the hotel to pay their final pay and severance packages, general manager Martin Voskamp yesterday said all workers have received what is due to them. View more
2020-06-18Edgar Brandt The majority of local car dealerships have bemoaned lacklustre sales, with many saying the industry was already suffering before the Covid-19 lockdown in March due to the ongoing recession. View more
2020-06-19Edgar Brandt The Bank of Namibia said it has become aware of a leaked internal memo whereby it advised its staff of the decision to revert to stage 1 lockdown. View more
2020-06-22Edgar Brandt As the number of coronavirus cases in the country spiked at the weekend, both Air Namibia and the Namibia Airports Company (NAC) confirmed an immediate lockdown of their respective head offices and a return to stage 1 Covid-19 lockdown measures due to possible exposure to the virus. View more
2020-06-23Edgar Brandt The Namibia Airports Company expects a gradual reopening of borders to selected countries and normal flight schedules are expected to resume. View more
2020-06-25Edgar Brandt The largest public tourism operator, the Namibia Wildlife Resorts (NWR), as well as the Hospitality Association of Namibia (HAN) have welcomed the tourism revival initiative set to take place between 15 July and 15 August 2020. View more
2020-06-26Edgar Brandt While informal sector trading is a legitimate option for many Namibians to defy poverty, operating in this largely unregulated economy became exponentially more difficult when Covid-19 lockdown measures were imposed in March. View more
2020-06-29Edgar Brandt Cabinet has directed the Ministry of Finance to establish an Inter-Institutional Team to finalise details for the establishment of a Sovereign Wealth Fund for Namibia, according to a Cabinet briefing shared by ICT Minister Peya Mushelenga. View more
2020-07-02Edgar Brandt The Bank of Namibia (BoN) has lowered the repo rate, a record of three times in the last four months since March 2020, in a bid to provide a much-needed relief from the adverse economic effects of the coronavirus pandemic. View more
2020-07-02Edgar Brandt Job losses in Namibia because of the Covid-19 pandemic have increased significantly since the start of the initial lockdown in March as businesses struggle to stay alive. View more
2020-07-03Edgar Brandt A last-minute additional quota allocation by the fisheries ministry has led to the saving of hundreds of jobs at NovaNam, at least for the time being. View more
2020-07-03Edgar Brandt The implementation of Air Namibia’s new business plan would require a financial commitment of over N$7 billion during the current financial year, thus making it both unaffordable and unsustainable View more
2020-07-06Edgar Brandt Namibia registered a deficit on the current account during the first quarter of 2020, mainly due to deterioration in the merchandise trade balance. View more
2020-07-07Edgar Brandt Namibian transport and logistics companies are facing an uphill battle as they struggle to deliver essential goods from South Africa, such as food and medicine, whilst combating strict regulations, such as a mandatory quarantine, and their drivers being stigmatised as potential Covid-19 carriers due to frequently leaving the country. View more
2020-07-09Edgar Brandt The Transportation Commission of Namibia has suspended Air Namibia’s Scheduled Air Services Licence with effect from 23h59 yesterday (Wednesday 8 July 2020). View more
2020-07-09Edgar Brandt Local medical aid administrator Prosperity Health remains optimistic that objections raised regarding the tender to administer the government medical aid would be rectified in the near future as it is in the interest of the nation. View more
2020-07-10Edgar Brandt Namibia’s ultimate authority to enforce compliance with financial regulations has instructed all medical aids to immediately address and eliminate unfair practices that favour group members with discounts compared to higher charges for individual members. View more
2020-07-16Edgar Brandt Anti-Corruption Commission director general Paulus Noa yesterday said the commission has opened a preliminary investigation into the alleged bribery scandal implicating a senior official of the City of Windhoek and two opposition politicians. View more
2020-07-21Edgar Brandt Racism allegations have reared its ugly head at the Namibia Civil Aviation Authority (NCAA), where the under-fire management has been accused of presiding over unfair salary grades, lack of transparency and questionable tenders, among others. View more
Your experience on this site will be improved by allowing cookies.