The Nedbank Group this week reported excellent financial results for the six months ended 30 June 2022 as headline earnings (HE) increased by 27% to R6.7bn, driven by strong revenue growth, a flat credit loss ratio, an improved performance from associate ETI and a well-managed expense base.
Author: Staff Reporter (Staff Reporter )
Rössing hands over infrastructure in Okombahe
Rössing Uranium recently handed over infrastructure to the Willem Borchard Primary School (WBPS) in Okombahe, Daures constituency.
Wage increases confirmed for two O&L subsidiaries …as Pick n Pay and Hangana employees get 6.5% raise
The Ohlthaver and List Group this week concluded wage increase agreements with two of its subsidiaries, Pick n Pay Namibia and Hangana Seafood. Both subsidiaries signed one-year substantive agreements which will see bargaining unit employees receive a 6.5% increase on their basic salary packages as of 1 July 2022.
Opinion – Positive means of identification of persons in spotlight
Identification is one of the means of identifying and/or individualising something or someone.
Opinion – We can do more for the vulnerable
Despite government and the civil servants reaching an agreement to prevent the widely-supported strike, the question of liveable wages and falling standards of living remains at the forefront of the current economic crisis.
Opinion – The relevance of education in the police
Education in the Namibian Police Force has been long debated since independence. Historically, entry-level positions in NamPol required no educational background, but basic policing experience.
Opinion – Ongoing rising food prices could spark unrest
Crime has been constantly increasing, due principally to the level of poverty and inequality. Robbers broke into a Miracles Centre Church Thursday night and ransacked the church property looking for money and valuable items.
Letter – Unemployment analyses: What are the limitations?
The latest statistics by the Namibia Statistics Agency are worrisome. In 2019, it revealed that Namibia had 364 411 unemployed people between the period of 2016 and 2018. We all can see it. Many graduates have been sitting at home for a long time.
Letter – An economic story of our time unfolding
To understand the future, you need to study the past. There has been a story taking place in front of our eyes without us seeing it. Some of the scenes are here, but this is just a short version of it.
Editorial – Housing offers economic recovery potential
Namibia’s housing crisis and the way it is being handled continues to raise hackles and ruffle feathers. Based on government’s own figures, the mass housing project has not been successful.