Author: Staff Reporter (Staff Reporter )

Household credit rose year-on-year and quarter-on-quarter during the second quarter of 2021, driven by a rise in asset-backed credit categories. This is according to the Bank of Namibia’s (BoN’s) quarterly bulletin for the second quarter

Highlighting some of the intra-African trade initiatives poised to improve regional and local growth, Iipumbu noted that Namibia and Zambia recently conducted bilateral discussions on the establishment of a one-stop border. This seeks to improve trade facilitation by ensuring the efficient and timely movement of people, goods and services at the common borders. 

Coping with the complexity of today’s business environment is not about predicting the future or reducing risk. It’s about building the capability of people and the organisation; to adapt continuously and learn speedily; to maximise the chances of seizing fleeting opportunities. 

Our cities and towns are cracking under the weight of land and housing shortages, and government’s failure to orchestrate a crystal path towards housing delivery has exacerbated this perennial dilemma.  Those who are lucky enough to be allocated land are left stranded, bemused and faced with only one option: building a shack to be their home for time immemorial. 

“Since our dependency on agriculture is constantly under threat by climate change and frequent droughts whose devastating effects are low productivity and loss of livestock, we have to explore adaptive mechanisms to diversify our economic activities, like the Blue Economy Policy,”

The Landless People’s Movement (LPM) said it is preparing to file for the rescission of a recent court order which compelled the party to reinstate two of its Mariental local authority councillors, who were recalled in February this year.

Popular Democratic Movement parliamentarian Diederik Vries has accused the governing party of using Swapo members of parliament who are descendants of the Ovaherero/Nama to champion the acceptance of the genocide joint declaration.  

An investigation into allegations of corruption at August 26 Holding Company, a Namibian Defence Force (NDF) subsidiary, is still ongoing, according to minister Frans Kapofi. The minister was responding to questions posed by Popular Democratic Movement leader McHenry Venaani in the National Assembly last week.

The Zambezi Regional Council and Botswana’s Chobe district council have been urged to enter into a twinning agreement which will, among others, enhance cooperation between the two neighbouring countries, international relations minister Netumbo Nandi-Ndaitwah told parliament last week. 

An attempt by a murder convict to appeal his 20-year sentence in the Supreme Court was shot down by the High Court on Friday. High Court Judge Eileen Rakow dismissed the application by Jan Moses Uamunika (50) for leave to appeal to the Supreme Court.