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Record Production For B2Gold In 2022 Fourth Quater
By:Staff writer B2Gold’s Wolfshag underground mine in Otjikoto has helped the mining company report a new quarterly production record, with fourth-quarter output of 367 880 oz. According to the company, gold production from the Otjikoto Mine of 60,068 ounces in the fourth quarter of 2022, with gold production benefitting from contribution of the Wolfshag underground […]
FIC Flags Potential Proceeds Of Crimes
By:Nghiinomenwa-vali Erastus The country’s financial watchdog has disseminated 52 intelligence disclosures to various law enforcement agencies between July and September 2022, highlighting potential financial criminal activities in the country’s financial system, encompassingfraud, potential tax evasion, and illegal deposits. The Financial Intelligence Centre (FIC) issued its quarterly report for July-September 2022, which was released in December. […]
Higher Education Ministry In Tussle With Unions
By:Justicia Shipena In a joint statement this week, the Namibia Public Workers Union (Napwu) and the Namibia National Teachers Union (Nantu) have lambasted the ministry of higher education for not attending a meeting which was called to discuss issues related to the governance and funding of the Namibia Institute of Mining and Technology (NIMT), as […]
Labour Ministry Reduces Designated Employers’ Threshold
By:Hertha Ekandjo The labour ministry has reduced the prescribed threshold requirements for Designated Employers (DEs) from the current 25 to 10 employees, after consultations with the Employment Service Board (ESB). “Notice of the threshold reduction was published in the Government Gazette of the Republic of Namibia on September 30, 2022. Any employer who employs 10 […]
Government Recruitment Process Failed Youths, Says LPM Youth Leader
By:Hertha Ekandjo Following the recent shortlisting of 16 000 candidates for 200 vacancies at the Namibia Correctional Service (NCS), the Landless People`s Movement (LPM) youth desk is of the opinion that the recruitment process has failed the young unemployed Namibians. NCS received 33 259 applications. “It is a sad state of reality. There is definitely […]
City of Windhoek nominations rocked by drama, pull-outs and rejections …as councilors pull out and reject nominations
By:Megameno Shinana The City of Windhoek (CoW) councilors have managed to catapult NUDO’ Joseph Uapingene to the position of mayor deputised by Swapo’s Magdalena Lombardt. This was, however, after a dramatic pulling out of the nominations list by several other candidates. The presiding officer was at a loss after councilors Ilse Keister, Clemencia Hanases, Sade […]
Rigorous Scrutiny for Politically Exposed Persons Vying for Bank Boards
By:Nghiinomenwa-vali Erastus The Bank of Namibia (BoN) has directed commercial banks to perform advanced due diligence on politically exposed individuals’ wealth before they appoint them as their board of directors. This, the BoN says, is to limit conflict of interest of the board member’s interest and the bank operations. This is contained in the revamped […]
We Have Plenty of Diamonds and Grapes, but Why Don’t We See and Participate in Diamonds Trading?
By:Kandjengo kaMkwaanyoka Why don’t we see diamonds in the street when we have plenty but every grape harvest everyone benefits? A young dude heard me and he asked if he could join my friend and I. He asked if I am an economist and rightly said no, but a guy who read wildly on economic […]
Uis Ramp Up Takes Effect for AfriTin
By:Staff writer Andrada Mining, formerly AfriTin Mining, on Monday reported record levels of concentrate production at its Uis tin mine in November, according to its latest quarterly update. The company, which operates the Uis tin mine in Erongo region, reported that it produced a record 88 tonnes of tin concentrate for November 2022, containing 53 […]
City of Windhoek councillors to be served with “No walk out” orders
by:Justicia Shipena The deputy minister of urban and rural development, Natalia /Goagoses has given the acting chief executive officer of the City of Windhoek George Mayumbelo directives to serve the City Council with a 72-hour agenda notice ahead of an election for the office bearers. On Thursday the City council is set to elect office […]