A study by the Namibia Financial Institutions Supervisory Authority (Namfisa) concluded a local appetite exists for agriculture index-based insurance in Namibia. This type of insurance was conceptualised to help mitigate adverse weather effects around the world.
National
Opinion – Prohibition of class action is unconstitutional
According to at least two recent judgments of the Supreme Court and High Court, in the Tsumib (2020) and NamRights (2019) cases, respectively, class actions, or actios popularis as they are also known in Latin, are not permitted under Namibian law.
Opinion – Warning wage price spiral
According to Keynesian economic theory, the wage price spiral is an economic term that describes the phenomenon of price increases because of higher wages. When workers receive a wage hike, they demand more goods and services and this, in turn, causes prices to rise.
Hardap puts street kids in hostels
Various representatives from line ministries, Nampol and welfare organisations recently joined hands in addressing the plight of the increasing number of children living in deplorable conditions on the streets of Mariental.
Nehemia wants one more chance
Swapo candidate Salomon Nehemiah, who previously served as Swakopmund mayor, says he is ready to serve the residents of Swakopmund once again.
Dausab to fight racism in Swakop
Swakopmund resident and candidate for the upcoming Swakopmund constituency by-election Roger Dausab said fighting systemic racism as well as finding ways to grow the grassroots economy in Swakopmund is one of the main reasons he decided to take part in the election.
Govt denies mass housing failure… 4 130 houses built, 891 unoccupied
Prime Minister Saara Kuugongelwa-Amadhila has dismissed assertions government has no political will to address the housing crisis, saying through the mass housing initiative alone, 4 130 houses were completed and handed over to beneficiaries.
Silver lining in Katjaimo-UK shambles
Katutura constituency councillor Vezemba Rodman Katjaimo is working around the clock to ensure the monies Namibians paid for the failed trip to Birmingham, England, to attend the just-ended Commonwealth Games is returned.
NSFAF worker pays ghost student N$500 000
The Namibia Students Financial Assistance Fund is in court fighting to have a former employee return more than N$500 000 he allegedly transferred to a student.
Uutoni: Saving money for what?
Regional councils have been told to exhaust their budgets and not return any funds to Treasury while rural communities are languishing in poverty.