Trustco and the Johannesburg Stock Exchange are still deadlocked in a difference of opinion on the interpretation and application of International Financial Reporting Standards. The JSE claimed Trustco failed to comply with the JSE’s listings requirements and relevant IFRS accounting standards.
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Opinion – Rising inflation could be pain point
The highest annual inflation rate recorded was 6.7% on average in June 2016 from 3.4% in April 2015. In June 2022, Namibia’s annual inflation rate increased by 6%, compared to 4.10% recorded in June 2021.
Opinion – Regional and local authority challenges
The 21st century requires that regional and local authorities of the world brace up for the development of the communities they serve.
Committee underscores women’s role in agriculture
Southern African Development Community countries have been urged to recognise the important contribution that women and the youth make in agricultural activities and set aside a specific quota in their national budgets to ensure food security in the region.
Namibian MPs rally behind SADC-PF transformation
Namibian Members of Parliament attending the 51st SADC-PF Plenary Assembly all agree that the transformation of the forum into a regional parliament will help SADC countries accelerate regional integration and harmonise legislations aimed at tackling challenges facing the region.
Court derails TransNamib strike
TransNamib on Saturday managed to convince the High Court to put a temporary halt to the planned industrial action by its workers that was scheduled to start today.
Gawanas accused of double-dipping
In recent weeks, the embattled council has staggered from one controversy to another, while residents wait in anticipation for basic services.
Fuel price imperils fishing industry
The fishing industry is battling to adjust to the escalating fuel prices, and has been forced to streamline operations as a mitigating measure and prevent job losses.
Strike could stop Cheetah in its tracks
The management of Cheetah Cement have called demands by the Mineworkers Union of Namibia unrealistic, and labelled threats of industrial action by the 200-strong workforce as counter-productive.
Government ends Covid regulations
The Namibian government has removed all restrictions imposed on account of Covid-19 but insists on citizens to voluntarily comply with public health and social measures and ensure that good hand hygiene becomes part of the new normal.