Owing to the profitability indexes, Namibia’s financial sector is dominantly occupied by foreign investors and most of the profits recorded leave the country to parent companies outside Namibia.
National
Development Bank, NIPDB formalise cooperation
Development Bank of Namibia (DBN) and the Namibia Investment Promotion and Development Board (NIPDB) have formalised their cooperation with an agreement signed on 28 September 2022.
Opinion – Fearing the pandemic of suicide
Suicide has been a threat to many dreams and hopes in the past, and managed to destroy life with purpose. Life itself is a difficult exam, so difficult that some choose to die by committing suicide rather than living.
Opinion – A synopsis of President Hage G Geingob
Some Namibians, both Swapo members and those from certain opposition parties, as well as some daily newspapers have a vendetta against President Hage G Geingob.
Let children be children – Sioka
Minister of Gender Equality, Poverty Eradication and Social Welfare Doreen Sioka has urged communities to allow children to be children, while calling on Namibian children to say no to harmful practices affecting them.
Namibia acquires N$2.3 billion loan
Namibia acquired a loan of N$2.3 billion from the African Development Bank to co-finance the second phase of Namibia’s governance and economic recovery support programme (GERSP II).
Race for Ombara Otjitambi heats up
Two politicians and an academic are set to compete for the position of Ovaherero Traditional Authority (OTA) paramount chief (PC).
Over 600 fishermen unemployed again
The Cavema Joint Venture has accused the Namibia Fishing Industries and Fishermen Workers Union of being responsible for the resignation of over 600
fishermen.
Police commissioner allegedly bumps pedestrian to death
A senior police officer is expected to appear in court today on charges of culpable homicide and drunken driving.
Data crucial for planning – Frederick
//Kharas governor Aletha Frederick said whenever you plan without data, you will either fail or not reach your set objectives.