The trial of a Namibian man who allegedly operated a Ponzi scheme and is accused of defrauding 79 persons to the tune of N$4.3 million, is heading for a trial within a trial to determine the admissibility of various financial statements.
Author: Staff Reporter (Staff Reporter )
Rise above pettiness Venaani tells Itula… calls for opposition coalition
Opposition leader McHenry Venaani has taken a dig at his opponent, Panduleni Itula, and at the same time called for cooperation, saying he must shift his focus away from trivial matters and concentrate on crucial issues to unite the opposition.
Battle of the titans as Namibia face Kenya… Barthés Trophy semi-final clash
Namibia’s U/20 rugby side will today have a unique opportunity to book their place in the final of the 2023 U/20 Barthés Trophy tournament when they lock horns against an equally determined Kenyan side at the Nyayo National Stadium in Nairobi.
ACC investigator wins top job fight
Phelem Masule, the Anti-Corruption Commission investigator, whose promotion was unceremoniously reversed by Prime Minister Saara Kuugongelwa-Amadhila in 2020, emerged victorious yesterday in the Windhoek High Court.
KFA scrapes draw against Riverheigths
Kaizen Football Academy (KFA) managed to salvage a 2-2 draw against Riverheigths FA during their MTC HopSol Youth League U/19 clash on Saturday at the Trustco United field.
DBN encourages loan recovery scheme participation
The Development Bank of Namibia has announced its participation in the Bank of Namibia SME Economic Recovery Loan scheme. Participation brings the number of schemes on offer by DBN to two. The other scheme offered by the Bank is the KfW Bankengruppe (KfW) scheme.
Swakopmund office donates stationery
Schools countrywide have resorted to requesting parents to purchase stationery for their children due to low budgetary allocation, which makes it difficult to cover all learning and teaching needs. Many parents, however, find it difficult to secure these materials for their children because of the prevailing economic hardships.
Windhoek East constituency equips schools
The Windhoek East constituency office, through the Khomas Regional Council, last week donated various items, valued at around N$300 000, to two schools.
Navachab invests N$1.5 million in SMEs
The Karibib-based Navachab gold mine is ploughing back N$1.5 million into the Karibib district in an effort to uplift and support small and medium entrepreneurs in the area.
Louw exonerated from ECN laptop theft
Former technical director at the Electoral Commission of Namibia Milton Louw who was accused of stealing five laptop computers from his employer and selling them, was found not guilty and cleared yesterday in the Windhoek Magistrate’s Court.









