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Posts by Edgar Brandt:
WINDHOEK – Economists have cautioned that the country-wide increase in fuel prices of N$0.50 per litre for petrol and N$0.70 per litre for diesel, which came into effect today, will continue to push up inflation. This is because rising fuel prices will result in higher transportation costs which will gradually lead to higher prices for consumer products. WINDHOEK – The Namibia Airports Company (NAC) yesterday assured the nation of no connection between the upcoming security audit by the International Civil Aviation Organisation (ICAO), scheduled for 18 to 28 November, and a WINDHOEK - Despite prevalent economic headwinds which have an adverse impact on revenue collection, government is staying the course to rein in the fiscal deficit and total public debt, as announced by Minister of Finance, Calle Schlettwein, when he presented the fourth Mid-year Budget Review at the end of October. This week New Era’s Senior Business Reporter, Edgar Brandt (EB), interviewed the Business Development Manager of Finnish energy firm, Wärtsilä, Mark Zoeters (MZ) who formed part of a Finnish business delegation that recently visited Namibia for a business seminar themed ‘Finland World Ideas’. The seminar was organised by the Finnish embassy. WINDHOEK – The Confederation of Namibian Fishing Associations has welcomed the Cabinet approved Total Allowable Catch (TAC) for hake of 154 000 metric tons for the 2018/2019 fishing season, which begins November 1 and ends on September 30, 2019. According to chairman of the confederation, Matti Amukwa, the TAC, which is recommended by fisheries scientists in the Ministry of Fisheries and Marine Re WINDHOEK - Brave Warriors midfielder Wangu Gome is out of the 2019 African Cup of Nations (AFCON) Group K qualifier against Guinea Bissau this Saturday, enterprising front man Deon Hotto is a doubt for the vital clash. WINDHOEK - Minister of Industrialisation, Trade and SME Development Tjekero Tweya yesterday announced the members of Rent Control Boards in the regions of Oshana, Kavango East, Erongo and Khomas. WINDHOEK - The Ministry of Mines and Energy says it has noticed with growing concern the illegal activities taking place at the Oshikango border post in the Ohangwena Region where large amounts of illegal fuel are smuggled into the country for resale. Angolan petrol sells for just over N$6 per litre and diesel for about N$7.30 per litre compared to well over N$14 per litre in Namibia. WINDHOEK – Minister of Works and Transport John Mutorwa yesterday officially welcomed the team from the International Civil Aviation Organisation (ICAO), which arrived in the country to conduct a universal security audit on the country’s airports. WINDHOEK - The Road Fund Administration (RFA) has cautioned that closing of funding gaps along with initiating other revenue solutions will be required in both the medium and long-term in order to meet targets set out in the fifth National Development Plan, Harambee Prosperity Plan and Vision 2030. WINDHOEK - A service level agreement signed this week between the Namibia University of Science and Technology (NUST) and the Social Security Commission (SSC) will facilitate skills training in gemology, jewellery design and entrepreneurship for the country’s unemployed youth. The agreement, for which N$2 million has been reserved by SSC, was signed on Tuesday by Dr Tjama Tjivikua, NUST vice-chan WINDHOEK – The Ministry of Works and Transport is in the process of drafting a proposal for Namibia to accede to the Single African Air Transport Market (SAATM), which was launched in Addis Ababa, Ethiopia, at the end of January 2018.