Author: Maihapa Ndjavera (Maihapa Ndjavera )

Black Business Leadership Network of Namibia president Irene Simeon-Kurtz last Friday said the network does not support the imminent threat of closure of the Meat Corporation of Namibia in favour of previously advantaged farmers. 

Namibians should not sit back and wait for the benefits of recent oil discoveries to come to them but already exploit the opportunities presented by the budding petroleum
industry. 

Mines minister Tom Alweendo made it clear that awarding of exploration rights to those with no necessary capabilities has potential to lead to unethical behaviour from not only the officials responsible for licensing but also those who are being licensed. 

Oil and gas exploration in Namibia are the talk of the global town, following significant discoveries in the offshore Orange Basin last year, which is creating expectations of massive future government oil revenue.

The Namibia Investment Promotion and Development Board’s CEO Nangula Uaandja is worried that Namibians are not practising enough in the investment space in their own country. 

National Housing Enterprise CEO, Gisbertus Mukulu said the demand of 7% salary increment is not financially possible from the housing entity. 

​​​​​​​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. 

Another train derailed earlier this week, leaving the cash-strapped TransNamib counting the cost.

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.

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.