National

The fourth edition of the annual Wodibo Haulofu Sports tournament is set to take place at Okongo in the Ohangwena region from Friday to Sunday.

At least 65 people have died in storm-related incidents, including lightning, in Pakistan, officials said, with rain so far in April falling at nearly twice the historical average rate.

​​​​​​​Ohangwena governor Sebastian Ndeitunga says the level of poverty and hunger the region is experiencing is worrisome, especially to vulnerable groups like women and children. 

The hardest ordeal in life for self-employed Elizabest Etuhole Amalovu (43) is dealing with Systemic Lupus Erythematosus (SLE), a chronic autoimmune disease in which her body’s immune system attacks her system and tissues.

Trustco Group Holdings Limited this week announced that a long-time collaborator, Riskowitz Value Fund (RVF), a US-based fund, has entered into a six-months non-exclusive agreement to invest up to US$100 million (about N$1.9 billion) of hybrid capital into the Namibian entity. 

Asian markets fluctuated yesterday as Federal Reserve boss Jerome Powell’s indication that interest rates could stay higher for longer offset a rebound following the latest bout of Middle East-fuelled selling.

Namibians have little choice but to continue tightening their financial belts and keep expenses at a minimum after the Bank of Namibia yesterday kept the repo rate unchanged at 7.75%.

High Court Judge Orben Sibeya will deliver his judgement on a Popular Democratic Movement application to set aside the government’s decision to lease four farms to Russian billionaire Rashid Sardarov in August. 

TransNamib has appointed seasoned executive Desmond van Jaarsveld as their new CEO, bringing an end to a recruitment exercise that took over a year to complete.