The head of marketing and corporate communication at the water utility, NamWater, Johannes Shigwedha was pleased to inform all stakeholders the case of an employee at its head office suspected of having contracted the coronavirus had tested negative. “The Namibia Water Corporation is pleased to inform its stakeholders that the suspected case of one of...
Last week Thursday, Capricorn Group has informed its shareholders through a voluntary announcement on the Namibian Stock Exchange that its Zambian subsidiary, Cavmont Capital Holdings Zambia PLC (CCHZ), has signed a Share Purchase Agreement with Access Bank (Zambia) Limited, a subsidiary of Access Bank Plc. The agreement is for the proposed merger of Access Bank...
The lockdown in April saw a significant drop in business registrations at the Business and Intellectual Property Authority (BIPA). Whereas BIPA normally registers more than a thousand businesses a month, the months of April and May 2020, saw only 133 and 261 registrations, respectively. However, the picture turned rosier in June 2020, when 1 064...
The first fuel increase for 2020, which came into effect this week Wednesday, was necessitated by an under-recovery of N$2 per litre on petrol and N$1.64 on diesel. This is according to the Ministry of Mines and Energy (MME) which explained in a recent statement that the situation came about due to fuel being bought...
The Development Bank of Namibia (DBN), the Bank of Namibia, as well as Nedbank Namibia all confirmed positive Covid-19 cases this week. As a result, the banks have implemented measures to keep both their staff and clients safe from the pandemic. DBN yesterday confirmed it will alternate staff at its offices to reduce the risk...
Cairo – Egypt’s public prosecutor said Wednesday it has ordered an investigation into a gang rape allegation at a luxury hotel in Cairo in 2014 that surfaced on social media last month. “The Public Prosecution received a letter from the National Council for Women, accompanied by a complaint filed by one of the women who...
The ministry of international relations yesterday said it would respect the Southern African Development Community (SADC) protocols before pronouncing itself on the unfolding political situation in Zimbabwe. Many SADC countries, including Namibia, have been under pressure to publicly speak out against the Zimbabwe government’s alleged crackdown on peaceful anti-corruption protests. The protests have resulted in...
The Landless People’s Movement has added its voice to the chorus of growing condemnation of the unfolding political unrest in Zimbabwe where multiple accusations of violations of human rights have been reported against the government and Zanu-PF functionaries. The country’s president Emmerson Mnangagwa this week warned he would “flush” out political opponents protesting against alleged...
The CEO of the Namibia Training Authority (NTA), Jerry Beukes, has tendered his resignation after four years at the helm of the authority. This was confirmed in a statement by NTA board chairperson Amon Ngavetene, who said the resignation would be effective as of 30 September 2020. Beukes, whose five-year contract would have ended on...
The NAMS/ISO 31000:2019 Risk Management Standard was officially gazetted as a Namibian Standard in January 2020. In response to this announcement that Namibia accepted ISO31000 as the Risk Management Standard, Capricorn Group supported the Namibian Standards Institution (NSI) to carry out Risk Management Training for their employees. The one-day training session, facilitated by Capricorn Group’s...