National

​​​​​​​The Swapo Party Youth League national executive committee resolved to suspend its Kavango West secretary Bonifatius Muronga following allegations that he defrauded his girlfriend of N$92 000 using the name of the ruling party.

Olive Entertainment Academy is looking to fund a talented Namibian performer to share the stage with renowned American rapper Rick Ross in Zimbabwe this November. 

King Mswati III of the Kingdom of Eswatini will assume the role of the chairperson of the Southern African Customs Union Summit, taking over from the President of Botswana, Mokgweetsi Eric Keabetswe Masisi. 

Bank of Namibia governor Johannes !Gawaxab said the food industry offers economic opportunities and is suitable for the large unskilled labour profile of Namibia’s unemployed population. 

Mines minister Tom Alweendo has encouraged companies operating in the mining and beneficiation sectors to take the issue of skills transfer seriously, especially high-level skills. 

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.

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. 

The 21st century requires that regional and local authorities of the world brace up for the development of the communities they serve. 

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 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.