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Nam budget transparency ranking drops
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Nam budget transparency ranking drops

Namibia dropped in the global rankings on budget transparency and accountability of the Open Budget Survey (OBS) published by the International Budget Partnership. The OBS is a comparative, independent and regular assessment of transparency, oversight, and public participation in public budgets in 120 countries. 

Nedbank pumps N$430m in economy
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Nedbank pumps N$430m in economy

The newly-inaugurated Nedbank campus had a set mission to uplift local companies during the construction phase. Out of N$440 million in the value for the project’s contracts, N$429 million was spent on Namibian-owned companies. 

Opinion –  Payment of severance pay  under the Labour Act
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Opinion – Payment of severance pay under the Labour Act

This piece communicates payment of severance pay that accrues to employees who are unfairly dismissed from employment, who dies while in employment, resign or retire on reaching the age of 65 years as provided for in section 35 of the Labour Act, 2007 (Act no 11of 2007), hereinafter referred to as the Labour Act and interchangeably the Act.