Author: Hertha Ekandjo
Corporate Debt Surges to N$47.0 Billion with Credit Growth at 4.7%
By: Hertha Ekandjo Namibia’s corporate debt reached N$47.0 billion in May 2024, marking a significant 4.7% year-on-year increase, the highest since October 2022’s 5.9% surge, according to the latest Simonis Storms Private Sector Credit Extension Report. The report highlighted…
Geopolitical Tensions Hinder Genocide Negotiations
By: Hertha Ekandjo Vice-President Netumbo Nandi-Ndaitwah has attributed the delays in negotiations between Namibia and Germany over the historic 1904-1908 genocide to ongoing geopolitical tensions. Addressing a chiefs’ forum in Windhoek on Thursday, Nandi-Ndaitwah emphasised that global conflicts, such…
NANLO Doubts Govt’s Ability to Manage New Safety Commission
By: Hertha Ekandjo The Namibia National Labour Organisation (NANLO) has expressed concerns about the Ministry of Labour, Industrial Relations and Employment Creation’s capability to effectively oversee the newly proposed Commission for Occupational Safety and Health. These concerns follow…
Paladin Acquires 100% of Fission Uranium Shares
By: Hertha Ekandjo Paladin Energy Ltd, a Western Australian-based uranium production company that owns 75% of the Langer Heinrich Mine in Namibia, has announced its 100% acquisition of Fission Uranium Corp. Paladin and Fission entered into a definitive…
Welwitchia Health Training Centre Attains University Status
By: Hertha Ekandjo The Welwitschia Health Training Centre has officially obtained university status, marking a significant milestone in the institution’s history. This transition signals a shift towards broader horizons, encompassing not only healthcare education but also a commitment to…
Govt’s New Minimum Wage Order Irks Employers
By: Hertha Ekandjo The Namibia Employers’ Federation (NEF) has expressed disappointment and frustration over the government’s decision to implement a National Minimum Wage (NMW). Last week, the Ministry of Labour, Industrial Relations, and Employment Creation (MLIREC) announced that employers…
Kandjii-Murangi Wants All Students Treated Equally
By: Hertha Ekandjo Minister of Higher Education, Itah Kandjii-Murangi, says her Ministry is engaging her Finance counterpart, Ipumbu Shiimi, in an effort to align non-tuition fees for students at private institutions with those at other institutions across the…
SADC Urges Namibia to Re-evaluate Visa Restrictions
By: Hertha Ekandjo The Southern Africa Development Community Business Council Tourism Alliance (SADC BCTA) is urging the Namibian government to re-evaluate the visa restrictions imposed on 31 countries. The SADC BCTA emphasised the importance of engaging in dialogue with…
China’s NPC Commits N$1.2 Million In Material Support to Namibia’s Parliament
By: Hertha Ekandjo China’s 14th National People’s Congress Standing Committee Vice Chairman, Cai Dafeng, recently announced material assistance worth N$1,2 million (CYN 500,000) to support the operational needs of Namibia’s parliament. This gesture is part of the ongoing…
Beneficiary Praises Allan Gray Orbis Foundation
By: Hertha Ekandjo A beneficiary of the Allan Gray Orbis Foundation Scholarship and Fellowship, David Haimbodi, has expressed his profound gratitude towards the organisation for the life-changing opportunities it has provided him since his childhood. Haimbodi, a young Namibian…