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Namibia / Page 147
Namibia Recorded N$34 Billion In Money Wallets In 2022
By:Uakutura Kambaekua Bank of Namibia governor Johannes !Gawaxab has urged citizens to explore the constant innovation in the payment eco-system of electronic money. He stated that the country has 2.5 million active wallets with 64 million transactions with over N$34 billion in 2022. “So the e-wallet has grown exponentially,” !Gawaxab revealed, saying the figure stood […]
Geingob’s Dissussion With Ethiopian Airlines Draws Mixed Reaction
By:Justicia Shipena The former cabin crew of the now defuct Air Namibia has rejected and questioned Namibia’s discussions with Ethiopian airlines to restart a national airline for the country. This is after President Hage Geingob has met with the chief executive officer of Ethiopian Airlines to discuss avenues of cooperation in Namibia’s efforts to restart […]
Economy Can’t Absorb Returning Asylum Seekers – Expert
By:Fransina Nghidengwa The Namibian economy will be hard pressed to absorb the over 1,000 Namibian asylum seekers in the United Kingdom that will soon be deported back into the country. These were the views of International Relations analyst Marius Kudumo as around 90% of Namiban asylum seekers in the UK are set to be deported […]
Namibia, Botswana ID MOU To Boost Trade
By:Uakutra Kambaekua, Ngurije Katusuva Experts say trade between Namibia and Botswana will improve as the two countries are set to sign a memorandum of understanding to permit the use of national identity cards as travel documents to cross their borders. This will be done to remove barriers to Africans’ freedom of movement. The signing of […]
Register Biometrically Or Forget Payout And Annuities- GIPF
By:Nghiinomenwa-vali Erastus Pensioners, beneficiaries, and other annuitants who have not provided their unique biological or physical characteristics for the purpose of identification will not receive their payouts or annuities for March 2023. This has been announced by the Government Institutions Pension Fund (GIPF)’s General Manager for Marketing and Stakeholders Engagement, Edwin Tjiramba, yesterday. Biological measurements […]
Daikon Investments Acquires Namibia Plastics And Packaging Distributors
By:Staff Writer Daikon Investments (Pty) Ltd has obtained a 55.2% controlling share of Namibia Plastics & Packaging Distributors (Pty) Ltd from Johan Struwig, Co-Founder and CEO of Namibia Plastics. The closing for the transfer of shares held in Namibia Plastics to Daikon was completed on 30 January 2023 following the Namibian Competition Commission’s approval of […]
Nam Production Base Shallow, Too Simple…More work is needed to improve production and value addition
By:Nghiinomenwa-vali Erastus Namibia has a shallow and simple production base and, as a result, will struggle to add value and produce complex products, the Fourth Industrialisation Revolution (4IR) Task Force found. This comes at a time when calls countrywide, including policymakers/facilitators of economic activities, are calling for value addition, to put a stop to exporting […]
Tourism Sector On Recovery Path – Shifeta
By:Fransina Nghidengwa Environment and tourism minister Pohamba Shifeta, during his new year’s address to the staffon Friday, said the tourism sector is on a recovery course after being battered by Covid-19. Shifeta said international tourist arrivals increased by almost 38% in 2021 compared to 2020. About 233692 tourist arrivals were recorded in 2021 compared to […]
Pharmacies Has Been Colluding, Fixing Medicine Prices
By:Nghiinomenwa-vali Erastus Various pharmaceutical companies have been colluding and fixing medication prices by adding a 50% markup on the dispensing, which consequentlyhas reduced competition among themselves. The price-fixing scandal has been uncovered by the Namibia Competition Commission involving close to 180 pharmacies in Namibia. As a result, the Commission’s investigation has led to pecuniary penalties […]
FY 2023/24: A Busy Year For The Agri Ministry
By:Nghiinomenwa-vali Erastus The Ministry of Agriculture, Water, and Land Reforms has lined up around seven policies and bills for completion and tabling in parliament in the 2023/24 financial year. These include the Land Bill. This was recently announced by the agricultural and land policymaker Carl Schlettwein during his annual staff address. The draft policies are […]