By: Nghiinomenwa Erastus Using September 2021 prices, construction of a standard three-bedroom house should cost you on average N$616 886 in Windhoek, while in Keetmanshoop, it could cost N$407 940. This includes labour, serviced land, and building materials. Found First Capital in their latest report, House Building Cost Index, released this week. For those […]

Public Enterprises minister Leone Jooste said there is a perception that the decision to list MTC was taken simply because the government needed to raise money. Jooste said this perception is incorrect, and the objectives that were agreed upon represent the true reasons for this decision that was taken more than three years ago already […]

  By: Nghiinomenwa Erastus The continental Great Green Wall initiative has 393 million hectares of land with restoration potential and opportunities, and that 350 million hectares of cropland are cultivated in Africa, more than double that of the European Union. A data collection and analysis initiative led by the Food and Agriculture Organization of the […]

By: Andrew Kathindi The City of Windhoek had legal cases involving the municipality with a probable loss amounting to N$123,954,191 for 2019 and 2020, but not disclosed in the municipality’s books. This is according to auditor general Junias Kandjeke, who said the City’s legal cases were confirmed by the municipality’s lawyers and were not disclosed […]

  By: Hellen Andreas Oshakati police are requesting the public to help in tracing the whereabouts of Veronica Domingos, who went missing on 30 October 2021. According to the head of the public relations division, Deputy Commissioner Kauna Shikwambi, Veronica went missing when she left her friend’s house in the Oshikango location in Oshakati. However, […]

    The IPC leader Dr Panduleni Itula said the electoral commission should, in terms of regulations published in the Government Gazette number 7053 dated 18 November 2019, release financial reports of the Swapo Party for 2017, 2018/19 and 2020/21 for perusal. Itula wrote to the electoral commission on 12 November 2021 requesting disclosure of […]

By:Andrew Kathindi Namibia’s auditor general, Junias Kandjeke, has not provided an audit report for the community courts under the ministry of justice for the last ten years. According to Kandjeke, the accounting officer has not provided any financial statements or monthly bank reconciliation statements in that period. In the auditor general’s report, the accounting officer […]

By: Nghiinomenwa Erastus Commercial banks must now implement a once-off collateral haircut of 30% on loans once they become non-performing. The central bank has ordered the banks in its Determination on Policy Changes in Response to Economic and Financial Stability Challenges (BID-33) in October 2021. The non-performing loans are facing repayment issues, with more than […]

President Hage Geingob said Namibia’s two-term Presidential limit as per article 29 of the Constitution is sacrosanct. Geingob released a statement to respond to an opinion piece written by Josephat Inambao Sinvula and published in the New Era newspaper on Thursday. In the opinion piece, Sinvula argued that article 29 was not cast in stone […]

By: Andrew Kathindi Landless People’s Movement (LPM) leader Bernardus Swartbooi has confirmed that negotiations with Independent Patriots for Change (IPC) for a coalition in the City of Windhoek council have nearly been finalised. The move could spell the final nail in the coffin of mayor Job Amupanda’s role as mayor and leader of the council. […]