National Housing Enterprise CEO, Gisbertus Mukulu said the demand of 7% salary increment is not financially possible from the housing entity.
Author: Maihapa Ndjavera (Maihapa Ndjavera )
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City cleaners demand permanent jobs
City of Windhoek cleaners said they want to be appointed and enjoy benefits, as many of them have been working on a contract basis from as far back as 1990.
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Derailments concern TransNamib
Another train derailed earlier this week, leaving the cash-strapped TransNamib counting the cost.
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No budget allocation for Welwitschia Fund
In May 2022, Namibia launched its first sovereign wealth fund, known as the Welwitschia Fund – and currently, the fund remains with an initial seed capital of N$300 million.
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Petrol price increases with N$1.50
Already struggling with massive increases in food prices and expensive bank loans, consumers now have to tighten their belts even further following the announcement last week by the mines and energy ministry that the price of fuel will rise.
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NHE workers demand salary increment
NATIONAL Housing Enterprise (NHE) workers on Friday embarked on a nationwide strike for the board and management to meet their demands, as the collective bargaining process had reached a deadlock.
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NamRA ensures Namibia pockets billions
Preliminary outturns in many respects point to improving fiscal fundamentals aligned to positive domestic economic growth prospects and buoyancy arising from tax administration reforms, Finance and Public Enterprises Minister Iipumbu Shiimi has said.
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RFA records N$2.4 billion revenue…toll roads remain fund’s future revenue stream
Amid emerging challenges, the Road Fund Administration’s revenue has grown by 11% to N$2.4 billion due to operational effectiveness while its assets have also grown from N$1.8 billion to N$2 billion over the financial year ended 31 March 2022.
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Smith jumps off TransNamib train…as rail carrier gets zero budget allocation
Despite the national rail service provider TransNamib being in a challenging financial position due to its short-term cashflow position and limited rolling stock capacity, government deemed it unnecessary to allocate a single penny for the 2023/24 financial year.
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Shiimi throws money at problem children
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.