2023-02-24Maihapa Ndjavera 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. View more
2023-02-24Maihapa Ndjavera 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. View more
2023-02-27Maihapa Ndjavera 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. View more
2023-02-27Maihapa Ndjavera 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. View more
2023-02-27Maihapa Ndjavera 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. View more
2023-02-28Maihapa Ndjavera 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. View more
2023-03-02Maihapa Ndjavera 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. View more
2023-03-02Maihapa Ndjavera National Housing Enterprise CEO, Gisbertus Mukulu said the demand of 7% salary increment is not financially possible from the housing entity. View more
2023-03-03Maihapa Ndjavera 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. View more
2023-03-06Maihapa Ndjavera 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. View more
2023-03-06Maihapa Ndjavera 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. View more
2023-03-07Maihapa Ndjavera 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 petroleumindustry. View more
2023-03-07Maihapa 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. View more
2023-03-08Maihapa Ndjavera South Africa and Namibia’s third session of the Bi-National Commission of senior officials kicked off in Windhoek yesterday and is expected to conclude tomorrow. View more
2023-03-08Maihapa Ndjavera Nedbank Namibia recorded a total income of N$1.2 billion for the year ended 31 December 2022, representing an increase of 13% from the previous financial year. Profit after tax increased by 35% to N$275 million. View more
2023-03-09Maihapa Ndjavera Two unions, the Namibia National Teachers Union and Namibia Public Workers Union, proposed salary and other benefit increases for civil servants for the 2023/24 and 2024/25 financial years. View more
2023-03-09Maihapa Ndjavera Namibia’s recent energy developments, including the significant discoveries of oil and gas, coupled with the enormous potential of green hydrogen, have attracted the attention of the global energy community, making it a global exploration hotspot. View more
2023-03-10Maihapa Ndjavera Namibian taxpayers owe the Namibia Revenue Agency over N$69 billion through capital debts, interest and penalties. View more
2023-03-13Maihapa Ndjavera State-owned enterprises (SOEs) board members last week failed to show up for compulsory induction training, with many of the new board members providing no reason for their absence. View more
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