By: Julia Heita Pupkewitz Toyota Namibia’s marketing manager Olivia Gentz has said a decision by the company to give Miss Namibia runner-up Annerie Maré a vehicle more valuable than the one Miss Namibia Chelsi Shikongo received has nothing to do with racism. Pupkewitz Toyota sponsored two vehicles to Shikongo and Maré to assist in their […]
By: Nghiinomenwa Erastus Late payment of tax payable will result in a 20% penalty of the outstanding amount, while late submission of returns will be penalised N$100 every day they are late. A taxpayer will be penalised for underestimating their tax debt, penalties equal to the underpaid amount. Moreover, interest will be charged at 20% […]
By: Nghiinomenwa Erastus By the end of the second quarter (2021), depository corporation institutions (banks) domestic assets were valued at N$131, 48 billion. Out of those billion valued assets, N$61, 43 billion are loans/funding lines extended to individuals in the domestic economy. While the business community has been awarded loans and credit lines valued at […]
By: Justicia Shipena and Julia Heita Questions confronted the leadership of the #ShutItAllDown movement regarding the US$5 000 grant awarded to the movement following the October 2020 protest. The movement’s first commemoration of the #ShutItAllDown protest failed to take off earlier this month amidst a hunt for the missing funds. At the centre of […]
Former education minister David Namwandi has denied involvement in the opening the Limkokwing University in Namibia. Namwandi, who owns the International University of Management, served as the Minister of Education from 2013 to 2015. Before he became the minister, Namwandi had served as education ministry deputy minister from 2010 to 2013. His name came […]
By: Kelvin Chiringa Inspector General of the Namibian Police expressed that he wished he could fire rogue police officers that have given in to the acts of corruption and smuggling contraband to trial awaiting persons. Ndeitunga responded to a search and raid operation that played out Tuesday morning at the Ondangwa Police holding cells. The […]
By: Nghiinomenwa Erastus The Development Bank of Namibia has opened its doors to fund climate-adaptive entrepreneurial projects in water, renewable energy and buildings. In announcing its new line of funding last week, the development bank explained that although climate change poses challenges, it also offers opportunities to mitigate and develop climate-adaptive initiatives and enterprises for […]
By: Julia Heita The Namibia Food and Allied Workers Union (Nafau) told the Revolutionary Union to stay away from its activities on Monday. This comes as, last week, a demonstration by Spar Oshakati employees who Nafau represents took place with Affirmative Repositioning activists seemingly in the driving seat. Employees were demanding improved working conditions and […]
By: Justicia Shipena Home affairs executive director Etienne Maritz says that road traffic collisions have decreased this year. Maritz said this during the handover ceremony of vehicles procured through the Road Administration Fund on Monday. According to Maritz, since last year, the decrease comes with 12,017 road traffic collisions, 303 fatalities, 1,061 serious injuries and […]
By: Nghiinomenwa Erastus The government will auction its six months, and 11-months I-Owe-You notes to raise N$1,05 billion from the market next Thursday through the central bank. The Bank of Namibia (BoN) announced through an invite send out on Friday to potential investors. The treasurer seeks the N$550 million through a six-month treasury bills auction- […]