While Finance and Public Enterprises Minister Iipumbu Shiimi continues to allocate billions in the domestic budget to prioritised sectors like education, despite repeated undesirable results, he has shown his frustration while reading his statement.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
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NHE workers to down tools… no-work no-pay principle will apply
The National Housing Enterprise (NHE) workers will embark on a nationwide strike tomorrow to force the board and management meet their demands after collective bargaining reached a deadlock.
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Shiimi tables ‘caring’ budget
Finance and Public Enterprises Minister Iipumbu Shiimi yesterday shocked friend and foe when he tabled a whopping N$84.6 billion budget, with an increase in
social grants and a tax break for workers.
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Otjinene experiencing investor inflows
Otjinene village in the Omaheke region has been experiencing a relatively high investor inflow for the past years.
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Shiimi to show dexterity in tight budget…spending, public debt and wage bill in focus
With the national budget scheduled to be tabled this afternoon, rising public debt is weighing heavily on the minds of economists, while others have called for a reasonable return and accountability on the billions of dollars invested in education.
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Increased electricity cost bites NamPower profits…as utility posts N$2.3 billion loss before interest and tax
National electric power utility company, the Namibia Power Corporation (NamPower) financial performance was impacted by the economic downturn over the past five years, exacerbated by the Covid-19 pandemic.
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City housing prices concern Uutoni
Urban and rural development minister Erastus Uutoni is concerned about housing prices, which he said should not be bitter but must be accommodative and affordable for residents to achieve the basic concept of owning a home.
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Namibia borrows N$29m daily
As finance minister Iipumbu Shiimi is preparing to table the 2023/24 budget in the National Assembly on Wednesday, the country’s growing debt levels will weigh heavy on the mind of the former central bank governor.
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NCCI urges SMEs to utilise recovery loans
The Namibia Chamber of Commerce and Industry (NCCI) is urging small and medium enterprises (SMEs) to utilise the relaunched Covid-19 SME Loan Scheme, now renamed the SME Economic Recovery Scheme.
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Uutoni enters city workers’ fray
Urban and Rural Development Minister Erastus Uutoni yesterday slammed the City of Windhoek’s leadership for failing to agree terms with striking cleaners.