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Best Occupancy Rates Recorded In 2023 Since Covid
By:Justicia Shipena The national occupancy rate for the first quarter of 2023 displayed excellent results since the start of the global Covid-19 pandemic. In the first quarter of 2023, the occupancy rate was on average 36.5%, according to a Simonis Storm Securities report. “Nonetheless, this is the best first quarter occupancy rate since the onset […]
GIPF Approves Investment In 146 MW Renewable Energy Generation
By:Fransina Nghidengwa The country’s biggest pension saving fund has approved an additional investment to generate 146 megawatts of power, coming online in the national grid in the next 12 months. The Government Institutions Pension Fund (GIPF) Chief Executive Officer, David Nujoma announced this development during a panel discussion on environment, social, and governance adoption in […]
Minimum Wage Recommendations Report With Utoni Nujoma …Minister to to decide whether to make It public or not
By:Justicia Shipena The content of a report by the Minimum Wage Commission, has been in the hands of Labour Minister Utoni Nujoma for more than a year without action. In February 2021, Nujoma appointed the Commission and tasked it with investigating the possibility of introducing the National Minimum Wage (NMW). Upon the completion of the […]
More Than Peace Needed For Dignified Life – Geingob
By:Uakutura Kambaekua President Hage Geingob says that government is aware that people need more than peace and harmony to live a dignified life. Geingob said this on Saturday while inaugurating the Community Legacy Centre at Etoshapoort near Outjo. “Although we have enjoyed peace and harmony for over three decades, the government is aware that people […]
FNB To Re-purpose SME Value Proposition To Expand SME Success
By:Fransina Nghidengwa First National Bank (FNB) Namibia on Monday relaunched an updated SME value proposition to further support small-medium enterprises (SMEs). FNB Namibia Chief Executive Officer Erwin Tjipuka said they are also launching the Credit Guarantees Scheme to assist SMEs with access financing. These solutions are aimed at equipping Namibian entrepreneurs with the necessary financing […]
FNB To Re-purpose SME Value Proposition To Expand SME Success
By :Fransina Nghidengwa First National Bank Namibia, on Monday relaunched an updated SME value proposition to further support small-medium enterprises (SMEs). FNB Namibia Chief Executive Officer, Erwin Tjipuka said they are also launching the Credit Guarantees Scheme to assist SMEs with access financing. These solutions are aimed at equipping Namibian entrepreneurs with the necessary financing […]
Deputy Minister Threatens Stopping Of Children’s Social Grants
By:Daniel Ndumba Children’s monthly social grant might be ceased if there is proof of misuse, Deputy Minister of Gender Equality, Poverty Eradication and Social Welfare, Bernadette Jagger has said. Social grants have gradually reached more children, yet the state budget allocation to child grants has not grown significantly over the past few years, according to […]
Namibia Secures Funding For Climate Readiness Project …Funding to support green hydrogen feasibility study
By:Justicia Shipena A seven-month project by the Environmental Investment Fund of Namibia (EIF) will support a feasibility study on the three valleys of the Green Hydrogen Strategy, among others. The EIF on Tuesday announced it has successfully secured funds for the project titled, ‘Green, Resilient Recovery Rapid Readiness Support in Namibia’. The secured funding from […]
Anti-money Laundering Training Dubbed Unethical
By:Justicia Shipena, Hertha Ekandjo and Fransina Nghidengwa Prosecutor General Martha Imalwa has told Namibian lawyers not to be afraid of prosecutors and magistrates being trained to make them “strong”. On Tuesday various legal practitioners gunned for the PG office which is busy conducting an anti-money laundry training for several magistrates and prosecutors. The training is […]
More Than Peace Needed For Dignified Life – Geingob
By:Uakutura Kambaekua President Hage Geingob says government is aware that people need more than peace and harmony to live a dignified life. Geingob said this recently while inaugurating the Community Legacy Centre at Etoshapoort near Outjo. “Although we have enjoyed peace and harmony for over three decades, the government is aware that people require more […]