The City of Windhoek is owed a staggering N$1.2 billion as at May 2023. City spokesperson Lydia Amutenya stated the amount also includes the current accounts that are due for payment in June 2023.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
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Namibia to host Africa Hospitality Investment Forum
The land of the brave was this week selected to host the Africa Hospitality Investment Forum (AHIF) in 2024.
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BoN safeguards dollar-rand peg…!Gawaxab empathetic to consumers losing their homes
Namibians were yesterday slapped heavily after the Bank of Namibia governor Johannes !Gawaxab announced that the repo rate has increased by 50 basis points, from 7.25% to 7.75% with immediate effect. Bringing the prime lending rate to 11.50%.
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Mining chamber supports beneficiation…concerned about mineral exportation in small quantities
The Chamber of Mines of Namibia welcomed Cabinet’s decision to prohibit the exportation of Namibia’s critical minerals in raw form in a bid to create more local jobs and more local value.
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BoN to announce another repo rate hike
The Bank of Namibia is expected to throw yet another jab at consumers with the third repo rate announcement of the year this morning.
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Namfisa pays millions for office rent
The Namibia Financial Institutions Supervisory Authority (Namfisa) continues to pour millions of dollars into office rental and parking.
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Lawmakers ponder consumer relief …and consider new competition or increased regulation
Lawmakers are investigating how they can rescue ordinary consumers from high interest rates and exorbitant charges at commercial banks.
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NamPower u-turns on electricity cuts
National power utility NamPower management and board members resolved to put its plans on hold to disconnect defaulting customers until the end of August 2023.
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NamPower iketela kupila hala lipolitiki
Kamaiso ya ofesi yebona zakuhasanya mulilo wamagesi mwanaha Namibia (NamPower), neiketezi kuzwelapili kukwala mulilo wamagesi kone kukalile Lamubulo kwalitolopo zena ni likoloti.
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NSA provides chance for the unemployed…Over 2 800 private vehicles needed
Statistician general of the Namibia Statistics Agency (NSA) Alex Shimuafeni, had pleaded with those already employed to give a chance to unemployed persons during the 2023 census recruitment.