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ECB Weighs In On NamPower’s Debt Recovery Plan
By:Nghiinomenwa-vali Erastus The country’s electricity regulator has warned that, in the future, no debt recovery plan should compromise life-saving services and disturb the energy supply to those in good standing. This is in response to NamPower’s debt recovery plan that involved targeted blackouts. In a statement released last Friday, the Electricity Control Board (ECB) Chief […]
Anti-Competitive Behaviour Rocks Nam Economy…Now bankers are allegedly putting barriers for new property valuers
By:Nghiinomenwa-vali Erastus From the pharmaceutical companies fixing prices, collusion on panel beating and short-term insurance companies agreeing to unintentionally collude, more anti-competitive behaviour is being reported to the country’s competition watchdog. The latest is the property valuation sector where potential valuers have approached the Namibia Competition Commission (NaCC) to zoom in on the sector for […]
Discovering Your Financial Creativity to Overcome Food Price Challenges
By:Mignon du Preez People’s budgets in Namibia have been squeezed by rising food costs, and the recent repo rate increase by the Bank of Namibia has only made things worse. Thus, it is time for consumers to use their ingenuity and implement tactics to stretch their money further in the face of rising inflation. In […]
United Nations Call For Collaboration On Census
Hilya Ngolo The United Nations (UN) Resident Coordinator Hopolang Phororo, in a statement delivered by UN Population Fund (UNFPA) Representative Gift Malunga, has called on various stakeholders to provide support to the census through the Namibia Statistic Agency to ensure sustainable development in Namibia. “I urge all of us to jointly support this critical undertaking, […]
Menzies to continue operations at HKIA until 4 July
By:Staff writer UK company Menzies Aviation will now continue with ground handling operations at the Hosea Kutako International Airport (HKIA) until at least 4 July, the Namibia Airports Company has announced. Menzies and the preferred bidder have been locked in an intense courtroom battle over the ground handling operations at the national airport, in which […]
Vehicle Sales Take A Nose Dive
By:Fransina Nghidengwa There has been a downward trend in vehicle sales after the industry reached its peak of 1,226 units in March 2023, with only 982 units were sold in May 2023. This represents the lowest number of vehicles sold since February 2023, despite a 2.2% month on month (m/m) decline and a modest YTD […]
Sandwich Dune Tours And Safari To Operate At Dune 7
By:Hilya Ngolo The Ministry of Environment Forestry and Tourism (MEFT) has awarded Sandwich Dune Tours and Safari as the operator for Dune 7 inside Dorob National Park. Sandwich Dune Tours and Safari emerged as the successful bidder out of 18 companies that applied for a tender, which was advertised by the MEFT, which was initiated […]
40 Crocodiles Too Little, Says Mukwe Constituency Councillor
By:Annakleta Haikera Mukwe Constituency Councillor Damian Maghambayi says40 crocodiles offered by the Ministry of Environment and Tourism on Wednesday for public sale as part of its human-wildlife conflict management are not enough. Environment Minister Pohamba Shifeta said on Thursday it would auction off dozens of crocodiles and deliver more permits to hunt the big reptiles, […]
Eagle FM, NipamSign Three-Year MoU
By:Hertha Ekandjo The Namibia Institute of Public Administration and Management (Nipam) and Eagle FM media house signed a three-year memorandum of understanding (MoU) on Thursday. The agreement aims at setting out areas of cooperation between the media house and Nipam. Falling under the MoU is training and capacity building, whereas the parties recognised the importance […]
15 Days To Introduce Greylisting Averting Amendments …a litmus test of political will and commitment
By:Nghiinomenwa-vali Erastus Finance Minister Iipumbu has given his fellow parliamentarians 15 days to prioritise relevant amendments and to table new laws to address the country’s technical deficiency to fight financial crimes. Shiimi called for the highest political commitment, despite an observed culture of dragging bills and amendments. He gave his fellow colleagues the ultimatum when […]