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BoN Joins Global Coalition to Promote Climate Sustainable Economic Growth
By: Justicia Shipena The Bank of Namibia yesterday announced that it has been accepted into a coalition of central banks dedicated to promoting climate and environmental risk management in the financial industry. Governor Johannes !Gawaxab says the acceptance of BoN into the global Network for Greening the Financial System (NGFS) is a substantial […]
MTC and TASA Join Forces for Innovative Tourism Solutions
By: Dolly Menas Mobile Telecommunications Company (MTC) has entered into a strategic collaboration with the Tour and Safari Association of Namibia (TASA), aiming to revolutionize the travel and tourism sector with cutting-edge solutions. This partnership seeks to enhance the overall user experience and promote sustainable tourism growth in Namibia. In a press release, MTC’s […]
75% of Business Robberies Linked to Insiders … Inspector General Calls for Vigilance
By: Ludorf Iyambo A staggering 75% of reported business robberies in Namibia involve insiders where individuals collaborate with thieves. This is according to Inspector General of the Namibia Police Force Joseph Shikongo who warned businesses to be vigilant and fight against such crimes. Shikongo said such incidents are common in commercial banks where […]
Trade Minister Urges Local Businesses to Collaborate
By: Dolly Menas Minister of Trade and Industrialisation, Lucia Iipumbu, says Namibians should start working together by forming joint ventures to be able to compete in various sectors of the economy as opposed to complaining about foreign encroachment. Iipumbu says joint ventures are the best way to strengthen local businesses and scale up competition […]
High School Exam Results to Decide Fate of 85,143 Pupils
By: Justicia Shipena As Namibian pupils and parents stand on the edge of suspense, awaiting the results of the Namibia Senior Secondary Certificate Ordinary and Advanced Subsidiary Levels (NSSCO and NSSCAS) national examinations, expectations and concerns linger. The Ministry of Education, Arts, and Culture reported significant progress in marking and data processing, with […]
Oversupply of Lower Primary Teachers A Cause for Concern …high school graduates are advised to desist from majoring in teaching
By: Loise Shiimi and Nghiinomenwa-vali Erastus The Ministry of Education, Arts and Culture is grappling with an oversupply of lower primary teachers, and cannot find jobs for them. This situation is becoming dire that Education Minister Anna Nghipondoka is now advising fresh school graduates against pursuing teaching majors in this specific stage of education. Nghipondoka […]
Kavango East Villages Prone to Human-Wildlife Conflict Get Boreholes
By: Annakleta Haikera The Ministry of Agriculture, Water, and Land Reform has completed the drilling of 21 boreholes in villages prone to crocodile attacks in the Kavango East regions. This initiative responds to the critical water situation, particularly in villages within Ndiyona Constituency. Residents in these villages have been compelled to travel over 20 kilometres […]
January Financial Strain: Cash Loans See Surge in Loan Applications
By: Justicia Shipena As the New Year unfolds and individuals set their resolutions for 2024, a familiar trend emerges – the Januworry rush to micro lenders, also known as cash loans. This annual phenomenon, marked by a surge in loan applications, sheds light on the financial challenges many face at the beginning of the year. […]
Treasury Bills Attracts More Than Double The Needed Funds
By: Nghiinomenwa-vali Erastus In a recent Treasury Bills auction conducted by the Bank of Namibia, the government found itself flooded with investor interest, receiving N$2.8 billion in offers when it sought only N$1.3 billion. This oversubscription left an additional N$1.8 billion in capital without immediate allocation, as revealed by the auction results. To meet […]
Human-Wildlife Conflict Mars Start of New Year
By: Hertha Ekandjo The Ministry of Environment, Forestry, and Tourism has urged residents in human-wildlife conflict-prone areas in the Kavango East region to remain vigilant against potential wildlife attacks. This follows the fatal attack of two people by crocodiles early in January in the region. The first incident occurred on January 1 when Mudi Muhemboa, […]