The rule of 72 is a simple formula that estimates how quick your money will double at a given rate of return. It works by dividing 72 by your annual compound interest rate and seeing how many years it will take for your investment to double.
National
New 400kV transmission line nears completion
NamPower yesterday reported that construction of the 287km long 400kV Auas-Gerus transmission line is progressing well and is on course for completion in mid-2023.
Aviation key contributor to economic vitality – Hans
Bank Windhoek’s contribution to the aviation industry has been an endeavour that embodies its core objective of being a connector of positive change.
Opinion – Benefits of financial auditing in regional, local authorities (Part IV)
According to national treasury (2012), the role of internal audit in relation to controls is to assist the organisation to maintain and continuously improve controls.
Residents turn to dumpsite
Many people in Otjiwarongo still flock to the dumpsite outside town to forage for food in order to survive.
Hardap achieves 97% primary access goal
Although Hardap has its challenges, such as a shortage of qualified pre-primary teachers, the region managed to achieve the universal primary access goal, with a 97% access rate in 2021.
Shikongo’s meteoric rise
Twenty-four years ago, then an officer in the Namibia Defence Force, Joseph Shikongo rose to the rank of lieutenant colonel on 1 September 1998.
Swapo ‘Iron Lady’ combat-ready
After years in her cocoon, veteran Swapo politician Pendukeni Iivula-Ithana is ready for deployment anywhere by the ruling party for as long as the process is above board and bona fide.
PM: Govt making progress on housing
Prime Minister Saara Kuugongelwa-Amadhila has dismissed assertions government is doing nothing to fight the housing backlog in Namibia.
Activists to steer clear of Chinatown
Activists Dimbulukeni Nauyoma and Michael Amushelelo were released on bail yesterday after the High Court concluded that there was no evidence indicating they will commit further offences.