JOHANNESBURG – International banking group Standard Chartered and telecommunications company Airtel Africa on Thursday announced they would collaborate to drive financial inclusion across key markets in Africa by providing customers with increased access to mobile financial services. In a joint statement, the companies said they would work together to create new products aimed at enhancing...
Business
Opinion – Retirement planning at every career stage
Thembi Kandanga Life has many important milestones; graduation, marriage, children, buying a house and soon enough retirement. There’s no getting around it, retirement is a big deal and despite the life-changing magnitude of this event, it’s something that many of us leave to the last minute. Think of how you would like to spend...
Affected vendors advised to approach authority
Informal vendors still awaiting word on the open markets that were closed because they did not meet the new Covid-19 health requirements, as stipulated by the Ministry of Health and Social Services, have been advised to approach the City of Windhoek for the way forward. Manager of Health and Environment at the City, Mary-Anne Kahitu,...
Quota auctions will not result in another ‘Fishrot’ …Namibia needs dwindling foreign currency
The Minister of Fisheries and Marine Resources, Albert Kawana, Wednesday lashed out at critics of the new fish quota auctioning policy, saying allegations that this course of action could result in another ‘fishrot’ scandal should be outright rejected. Speaking in Windhoek, Kawana addressed these Fishrot allegations, foreign ownership of the fisheries sector as well as...
Namibia’s fiscal policy to pass through phases over HPP2
At the recent formulation meeting of the economic advancement chapter for phase two of the Harambee Prosperity Plan (HPP), it was proposed that Namibia’s fiscal policy stance should pass through three phases over HPP2, namely from 2020 to 2025. Fiscal policy is considered by economists as very effective during economic downturns and in monetary unions. ...
Business for street vendors return to normal
KHORIXAS – Street vendors that sell fruit and vegetables at Outjo and Khorixas said that business has returned to normal and customers are being received in numbers as it was before the Covid-19 outbreak. In interviews with Nampa, the vendors said that after it was announced that nationwide movement restrictions have been eased from stage...
Income can also be generated from inland fisheries – Kawana
KEETMANSHOOP – There is a need for the promotion of inland fisheries as it can improve food security and generate income, Minister of Fisheries and Marine Resources, Albert Kawana has said. Kawana said this during a stakeholder meeting held at the Fonteintjie fish farm at Keetmanshoop on Monday.The minister said it is time for Namibians...
East Africa launches electronic system to track cargo and drivers
JOHANNESBURG – Regional intergovernmental organisation the East African Community (EAC) announced it would launch a regional electronic cargo and driver-tracking system (RECDTS) yesterday at the Rusumo border post between Rwanda and Tanzania. Addressing a weekly online EAC ad hoc regional co-ordination committee (EARCC) meeting on Covid-19 last Friday, the deputy secretary-general in charge of productive...
SA business confidence edges up, but still down from last year
JOHANNESBURG – Business confidence in South Africa ticked up in July compared with June, but remained sharply lower from a year ago as the economy felt the continued pressure from the Covid-19 pandemic, a survey showed on Wednesday. The South African Chamber of Commerce and Industry’s (SACCI) business confidence index (BCI) recovered further to 82.8...
Opinion – Key essentials in managing your finances responsibly
In a very short time, the coronavirus has changed so much about our lives. It is easy to think you’ll never get ahead when you have mounting bills to pay, on a reduced or lost income and limited savings, all because of a pandemic that no one saw coming. But it can be done. Take...








