By: Nghiiinomenwa Erastus The Electricity Control Board has granted Nampower permission to pass on some of the burdens for generating and transmitting electricity to its consumers through a 7.3 per cent bulk tariff hike. The energy regulator acting chief executive office Rachel Boois announced this on Thursday. As a result, on 1 July 2022, big […]

By: Josef Kefas Sheehama A stable and well-functioning financial system contributes significantly toward balanced and sustainable economic growth. The Bank of Namibia has developed a macroprudential toolkit used to address the build-up of risks and vulnerabilities. An analysis of the current status of Namibia’s financial system shows that although the system is sound and well-functioning, […]

By: Nghiinomenwa Erastus In 2021 individuals/households spent N$15.3 billion of their disposable income repaying their debts from banks and non-banking entities, the country’s latest Financial Stability Report states. The burden of debts on individual borrowers is measured by calculating how much of their income is spent servicing the debt-for Namibians. 17.2 per cent of Namibians’ […]

By: Eba Kandovazu , Ludorf Iiyambo, Hertha Ekandjo President Hage Geingob says Namibians can honour the sacrifices of heroes and heroines who died at Cassinga by working in unity towards the realisation of a better Namibia. Geingob said this in his Cassinga day commemoration message on Wednesday. According to Geingob, this is guided by the […]

By: Priscilla Mukokobi The Unam vice-chancellor professor Kenneth Matengu says oxygen production plants strengthen Namibia’s health care system. Matengu said this after the Welsh government donated N$20 million meant for four major medical oxygen production plants in the northern parts of Namibia. The medical oxygen production plants are Katima Mulilo, Grootfontein, Nkerunkuru and the Gobabis. […]

By: Frans Sinengela The constant suspensions of municipality CEOs and administrative officials have hampered the service delivery process in local authorities. These were the views of PDM member of parliament Johannes Martin, last week. He said the plight of CEOs and administrative officials who suffer from career and reputational damage is worrisome. Martin claimed that […]

By: Hertha Ekandjo Health ministry executive director Ben Nangombe says Covid-19 fifth wave will only hit Namibia, depending on people’s behaviour. His comments come after South Africa has reportedly entered a fifth wave earlier than expected. Namibia recorded 494 cases in the last seven days; the most cases the country has recorded since the end […]

By: Eba Kandovazu and Natangwe Kauluma The Oshakati Magistrate’s Court has freed a male medical doctor and a male teacher accused of sexually harassing a 23-year-old male student. The doctor, Franky Cloete and Brian Kavungo, a teacher, are charged with indecent assault. Allegations are that, on Sunday morning at flats behind Ongwediva police station, the […]

By: Kelvin Chiringa Defence minister Frans Kapofi yesterday prevented a mob of Swapo affiliated war veterans from camping at his ministerial offices after they threatened to do so, citing unkept payment promises; this all a day before the Cassinga Day commemorations. The minister had to bring down his entourage to meet up with a throng […]

By: Kelvin Chiringa The finance ministry’s communications officer, Wilson Ashikoto, has said that B1 road construction workers that are threatening to march on the finance ministry demanding their payments should instead deal with the works ministry. The workers who have gone unpaid have ditched the Okahandja-Windhoek B1 road citing a lack of payments. On Tuesday, […]