The Communications Regulatory Authority of Namibia (CRAN) regulates postal services in Namibia, designating Namibia Post Limited (NamPost) as the National Postal Service Operator in Namibia. CRAN oversees the implementation of the licence conditions subject to the Designated Postal Operator licence issued to NamPost in terms of section 96(2) of the Communications Act (No. 8 0f...
WASHINGTON – From Google to Netflix, prominent US companies are battling internet boycott calls over their perceived political leanings in a polarising election season that has exposed them to what researchers call “brand disinformation.” The online campaigns, which falsely claim both Netflix and Google are funding or favouring Democratic nominee Kamala Harris ahead of the...
The Namibian Standards Institution (NSI) Certification Body has awarded Meatco NCA (Pty) Ltd a Hazard Analysis Critical Control Point (HACCP) certification. This prestigious certification is a testament to the company’s commitment to food safety and quality, reinforcing its position as a leader in Namibia’s meat industry. The HACCP certification is an internationally-recognised standard for ensuring...
UNITED NATIONS – The UN General Assembly on Tuesday officially launched a new data-driven “vulnerability” index that would help small island states and developing nations gain access to low-interest financing. The “Multidimensional Vulnerability Index” (MVI) is set to act as a complement to GDP and other development metrics. Since the 1990s, small island developing states...
Trustco Group Holdings Limited has proposed issuing 9.5 million shares to seven independent non-executive directors (INEDs). The proposal to compensate the INEDs stems from them voluntarily implementing a 20% reduction in compensation, effective 1 April 2020, following the devastating financial impact of Covid-19. According to a Trustco statement, the reduction was implemented alongside the company’s...
Air Connect Namibia and Air Botswana have announced the launch of new flights connecting Windhoek to Maun, Kasane and Gaborone, with the latter service connecting to Durban. These routes are meant to establish important links for business and leisure travellers, and strengthen relations between the two neighbouring countries. Air Connect Namibia, established in 2024 and...
PARIS – Uncertainty about Chinese economic growth is weighing on global oil demand this year, OPEC said on Monday, leading the producers cartel to slightly revise down the robust projections it made in July “The world oil demand growth forecast for 2024 is revised down slightly by 135,00 barrels a day from the previous month’s...
NAIROBI – Aviation staff at Kenya’s main international airport will go on strike from next week over a contested investment proposal from an Indian conglomerate, their union said on Monday. About 10 000 members of the Kenya Aviation Workers Union will walk out from 19August, its secretary general Moss Ndiema told AFP. The dispute centres...
The National Petroleum Corporation of Namibia (Namcor) yesterday announced the appointment of Mildred Hendricks to its board of directors. She brings in over 20 years of extensive legal experience, having served in various significantroles within State-owned enterprises and development financing institutions. She is the chief legal advisor at NamPost, where she provides comprehensive legal services,...
Cabinet has urged relevant ministries to implement the recommendations of the Business Rescue Task Force. This submission was made by the finance and public enterprises’ ministry on the progress achieved to date, with implementation of these recommendations such as the drafting of the new Business Law, enactment of the Banking Institutions Act, and creation of...