Following concerns expressed by the public about the state of pension funds, pension fund expert Marthinuz Fabianus, Managing Director of Retirement Fund Solutions (RFS) and a trustee of Benchmark Retirement Fund, has reassured the public about the health of pension funds under their administration. He explained that funds use a mix of investments, including international...
The Namibian Manufacturers Association (NMA) has condemned the decision by the government to repeal current manufacturing incentives, saying it will be a crippling blow to the industry. In a statement on Monday, NMA said by repealing these incentives, the already struggling manufacturing sector and the economy at large would be dealt a crippling blow.“The NMA...
GROOTFONTEIN – Hundreds of street vendors in Grootfontein are defiant on moving into the recently constructed open market. They argue the place is not strategically located and there is limited space to accommodate all. Showing their disapproval, over 200 street vendors staged a protest on Monday, petitioning the municipality to relook at the decision, while...
Salt Essential IT yesterday announced it has won of the 2020 Microsoft Partner of the Year Award. After winning three Diamond Arrow Awards at PMR in February 2020, and following their remote work solution empowering over 20 000 Namibian workers to work from home during the Covid-19 lockdown, Salt has again won the Microsoft Country...
Michela Pakarae The Chinese metropolis Shenzhen is often perceived as one of the most advanced urban places in China because of both its technology and dynamics. This perception is grounded in the story of the ‘fisher village’ that was transformed into a Special Economic Zone within a few years to metropolitan town of high-rise buildings,...
The Covid-19 pandemic has made people realise how important information and communication technology (ICT) is and also led to the sector intensifying its service delivery efforts. This was said by Director of ICT Development in the Ministry of Information and Communication Technology, Linda Aipinge during Thursday’s information session at the Covid-19 Communication Centre. The theme...
CAPE TOWN – Most trade unions representing staff at South African Airways (SAA) have agreed to retrenchments that will see 2 700 employees laid off as the department of public enterprises (DPE) pushes for the adoption of a business rescue plan for South Africa’s broke national carrier. The department said the National Union of Metalworkers...
The Minister of Environment, Forestry and Tourism, Pohamba Shifeta has appointed five members to serve as the board of directors of the Environmental Investment Fund of Namibia (EIF) for a period of three years. Speaking at the appointment ceremony on Thursday, Shifeta said the EIF was established in 2011 to mobilise funding for the maintenance...
PRETORIA – OR Tambo International Airport management last week appealed to travellers to complete the compulsory health questionnaire before arriving at the airport for domestic air travel, which is permissible in some instances under level 3 of South Africa’s nationwide Covid-19 lockdown. “Management of OR Tambo International Airport has appealed to passengers to ensure that...
LONDON – More than 80 millionaires yesterday urged governments around the world to tax the super-wealthy much more to help fund the global recovery from the coronavirus outbreak. In an open letter, the group, calling themselves “Millionaires for Humanity”, said they should be taxed higher, “immediately, substantially, permanently”. Signatories, included Ben and Jerry’s ice cream...