Author: Hertha Ekandjo
Government Understands The Needs Of Its People – Geingob
By:Hertha Ekandjo President Hage Geingob has said the government understands the needs of the Namibian people for jobs, shelter, food and self-actualisation. In his speech during the country’s 33rdiIndependence celebration on Tuesday at Outapi in the Omusati region, he said…
NIPDB Eyes N$50 Billion Through Resident By Investment Programme
By:Hertha Ekandjo, Nguriye Katusuva Namibia should look for investors that will set up manufacturing bases to allow for production of its natural resources and minerals from raw materials to finished goods. This was the view of economist and former interim…
Walvis Bay To Receive Multi-Million Dollar Oil And Gas Academy
By:Hertha Ekandjo An Angolan oil and gas operational solution-providing company, Operatec, has partnered with Namibians in constructing a multi-milliondollar marine and industrial academy at the coastal town of Walvis Bay. The academy will be setup at an initial cost of…
Tourism Sectors Best Performer Among Other Sectors
By:Hertha Ekandjo Among other sectors, the tourism sector could arguably be one of the best-performing sectors of the Namibian economy in 2023. While business and conference tourism is still below 2019 levels, this could materially increase as certain hospitality…
Loan Holders Likely To Start Feeling Pressure From Repo Rate Hikes
By:Hertha Ekandjo Following the South African Reserve Bank (SARB) announcing an increase of the repo rate by 25 basis points, which brings the repo rate to 7.25% from 7%, Namibians indebted households and businesses should expect the domestic central bank…
NamRa Collects N$2.8 Billion In Customs Revenue
By:Hertha Ekandjo The Namibia Revenue Agency (NamRa) has collected about N$2.8 billion in revenue from customs and excise for the current financial year 2022/2023 from operations between April – December 2022. This was revealed by the agency’s commissioner Sam Shivute…
MTC Harvesting Biometric Data Questioned
By:Hertha Ekandjo The legality of telecommunication giant MTC collecting biometric data from citizens who are registering their sim cards has been called into question. The company has been collecting biometric data and taking pictures of customers registering their sim cards…
Luxury Car Sales Growth Outpaces Broader Industry
By:Hertha Ekandjo From a selection of car brands, higher-end brands increased their sales by 24.1% year to year (y/y) on average, said Simonis Storms in its December 2022 car sales report. In particular, Land Rover sales stood out, having increased…
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…
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….