Business

Minister of Defense and Veteran Affairs Peter Vilho last week stated that the Veteran’s Housing Programme is on hold until 2022/2023 due to a lack of funds to continue with housing delivery.  

The Minister of Labour, Industrial Relations, and Employment Creation, Utoni Nujoma, has urged for increased focus on the implementation of international labour standards and good practices in Namibia.

Revenue generated by the Electricity Control Board (ECB) during 2019/20 financial year amounted to N$93.7 million, representing an increase of 4.8% from the N$89.4 million recorded in the previous financial year.

The Ministry of Public Enterprises (MPE) as the custodian of good governance in Public Enterprises (PE) will be hosting a two-day PE Board of Directors Induction Training scheduled on 29 and 30 October 2020 at the Namibia Institute for Public Administration and Management (Nipam).

An Epukiro councillor, Vejama Kanguatjivi, said he was aggrieved by a massive project, worth about N$66 million, which was awarded to Chinese contractors. 

Most businesses in Namibia are facing two main challenges during this uncertain time of Covid-19.

Through numerous interactive efforts since March 2020 between Namibia Wildlife Resorts (NWR) and government as the sole shareholder, the latter availed N$40 million to NWR on 20 October 2020 for the 2020/21 financial year in Mid-Year Budget Review and Medium-Term Budget Policy Statement in support.

The Covid-19 pandemic has put an end to the ‘business-as-usual’ notion hence the increase in the need for innovation.

The Covid-19 pandemic has had a significant impact on Namibian households and overall affected both households and individuals in multiple ways.

The Namibia Airports Company (NAC) recently hosted a one-week computer-based training at the Namibia Institute of Public Administration (Nipam) in Windhoek for Namibian Police personnel deployed at Hosea Kutako International Airport and Eros Airport.