Search in the website:
Namibia / Page 147
CIF Boss Appeals For The Revival Of Construction Sector
By:Nghiinomenwa-vali Erastus There are economic gains if politicians, government authority and procurement experts can reach consensus to assist the local construction sector, says Bärbel Kirchner, chief executive officer of the Construction Industries Federation of Namibia (CIF). Kirchner’s appealscomes at the time the construction sector declined for the fifth consecutive quarter, registering a contraction of 10%t […]
Gibeon Still Has Outstanding Financial Statements For 2019-2022 …says it is not aware of N$4 million paid for a tender
By:Justicia Shipena The National Council Standing Committee on Public Accounts and Economy is concerned that financial statements for the Gibeon Village Council for 2019, 2020, 2021, and 2022 are still outstanding. The committee made these remarks in a report presented in the National Council on Tuesday on an engagement it embarked on with the council […]
Loans Worth ThreeMillion Advanced To Youth In Kavango Regions
By:Annakleta Haikera The Agricultural Bank of Namibia (Agribank) has offered loans valued at N$3.1 million to youth in the two Kavango regions over five years. This was said by Agribank Chief Executive Officer (CEO), Raphael Karuaihe on Wednesday during the inauguration of the revamped AgriBank branch office in Rundu, Kavango East. The office in the […]
AEC To Establish Office In Namibia To Promote Local Content, Capacity Building
By:Staff writer With Namibia’s energy sector on the precipice of rapid transformation on the back of recent oil and gas discoveries, the African Energy Chamber (AEC) will establish an office in the country dedicated to promoting local content development efforts. The AEC firmly believes that Namibia needs to move beyond free markets and work with […]
Argentina Removes Namibia, Others Jurisdictions From “Non-Cooperative” List
By:Staff writer Argentina’s tax administration has announced the removal of Namibia and 14 other jurisdictions from the government’s list of low- or no-tax jurisdictions for the purposes of tax implications, pursuant to Decree 48/2023, which modifies the list provided by Decree 862/2019, the Society of Trust and Estate Practitioners (STEP) has reported yesterday. The Decree, […]
N$91 Million Paid To 559 Struggle Veterans
By:Laban Rasalus The Ministry of Defence and Veterans Affairs has spent N$91 million in cashon 559 veterans of the liberation struggle last year, minister Frans Kapofi has revealed during a staff meeting this week. The age category of veterans paid ranges from 50-100 years and above, with the highest number of 212 veterans paid from […]
Kunene Hosts Farmers’Engagement Day
By:UakuturaKambaekua Kunene’s Directorate of Veterinary Services, recently hosted a farmer’s engagement day. An inter-ministerial team consisting of staff members from the Directorate of Veterinary Services and the Directorate of Agricultural Production, Extension and Engineering Service in the Kunene region – all in the ministry of agriculture, water and land reform,in conjunction with the Eleventh European […]
Namibia Races To Amend Nine Laws As Deadline Looms …. to close money laundering and proliferation financing loopholes
By:Nghiinomenwa-vali Erastus To avoid grey-listing and its negative impacts, government has adopted a strategy to rectify some of its regulatory weaknesses. These are in Anti-Money Laundering and Combating the Financing of Terrorism and Proliferation. Following the review facilitated by the Financial Action Task Force (FATF), the country’s financial system’s regulatory weakness has been found to […]
Go On Forced Diet, And Resort To Alternative Energy Sources- Inflation Monster
By:Nghiinomenwa-vali Erastus Contrary to the central bank’s theoretical motives to contain inflation by increasing the cost of money (repo rate), the prices of goods in the domestic market have either been increasing or steady. The last time annual inflation has been below 6% was March 2022, and for January 2023, average prices of goods have […]
Fly Namibia objects Fly Etosha License Application
By:Justicia Shipena Fly Namibia Aviation has taken the legal route to reject an air transport service licence of an airline named Fly Etosha Airways by retired pilot captain William Ekandjo. This week, Ekandjo in an interview with local media said his airline is set to start flying around mid-year. However, Fly Namibia through its lawyers […]