Search in the website:
Namibia / Page 149
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 […]
Bezant Resources Updates On Hope & Gorob Project
By:Staff writer A decision from the Ministry of Mines and Energy regarding the Hope and Gorob mining licence application ML 246 remains pending, Colin Bird, executive chairman of Bezant Resources, said last Friday. “Exclusive Prospecting Licence 5796 has been extended to 19 October 2024. EPL 5796 is the licence within which the area of mining […]
African Energy Chamber Endorses the Namibia International Energy Conference 2023
By:Staff writer The fifth edition of the Namibia International Energy Conference is set to unite Namibian energy leaders and industry professionals with global partners to discuss challenges and opportunities within the country’s evolving landscape. Scheduled for 25-27 April in Windhoek, it will be held under the theme ‘Shaping the Future of Energy Towards Value Creation’ […]
Women’s 10km Race Challenge Launched
By:Fransina Nghidengwa The Regional Sports Officer of the Erongo office in cooperation with Spar Group Namibia will hold the first-ever Spar 10km women’s challenge race in Windhoek on 23 April. According to the Spar Group regional manager, Eugene van Wyngaard, all ages and disabled women are welcome to take part in the race challenge. “It […]
SA Load Shedding To Limit Car Sales In Nam
By:Justicia Shipena The load shedding in South Africa is said to limit vehicle sales in Namibia, a vehicle sales analysis for January 2023 has shown. Despite this, the country has seen an increase in vehicle sales for the month, making it the best January since 2019, according to research firm, Simonis Storm. “Loadshedding in South […]
Botswana Threatens To Cut Ties With Diamond Giant De Beers
By:Staff writer Botswana’s President Mokgweetsi Masisi on Sunday warned that his country may sever ties with diamond giant De Beers if talks to renegotiate a sales deal prove unfavorable to his government. The country is Africa’s leading diamond producer, and Masisi called on the nation to rally behind his government as it tries to hammer […]
MPs Still Fail To Declare Their Assets – IPPR
By:Justicia Shipena A democracy report by the Institute for Public Policy Research (IPPR) has found that during the financial year 2022/23, only 41 of the 104 members of parliament submitted assets and interest declaration forms. With only 39% had declared their assets and interest, the IPPR charged the compliance with the rules were once again […]
Geingob Says Laws Should Instil Confidence In Investors And Citizens
Justicia Shipena President Hage Geingob says there is a pertinent need for members of parliament to enact laws that are effective at strengthening the safety and security of Namibians. Geingob said this while opening the National Assembly for the year 2023 under the theme ‘Enhancing Namibia’s parliamentary democracy post Covid-19’ on Tuesday. He said these […]