Author: Julia Heita
IT’S NOT ALWAYS ABOUT RACE – PUPKEWITZ TOYOTA
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…
20% PENALTY ON THE OUTSTANDING AMOUNT – NAMRA.
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…
HOUSEHOLDS TAKE 54,2% OF COMMERCIAL BANKS’ LENDING
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…
NAMWANDI DENIES INVOLVEMENT IN LIMKOKWING
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,…
DBN TO FINANCE CLIMATE CHANGE ADAPTATION PROJECTS
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…
NAFAU TELLS AR’S UNION TO BACK OFF
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…
TREASURER NEED N$1,05 BILLION ON THURSDAY
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…
1 600 TONS NORWEGIAN BEEF QUOTAS UP FOR GRABS
By Nghiinomenwa Erastus The Meat Board of Namibia has invited eligible abattoirs and producers to apply for the Norwegian quota for 2022. The 1 600 tons are available to Namibians for the production and export of beef to Norway. The…
MAYUMBELO’S 17-YEAR WINDHOEK HEARTACHE
In 2015, George Mayumbelo vented his frustrations over being left out every time he tried his luck to become the City of Windhoek CEO. On Monday this week, Mayumbelo also vented on what he said were efforts to take him…
BREAKTHROUGH IN MALARIA VACCINE
By: Julia Heita The World Health Organisation (WHO) has announced the approval of a Malaria Vaccine called Mosquirix (RTS, S). The malaria vaccine, RTS, S, acts against P. falciparum, the deadliest malaria parasite globally and the most prevalent in Africa….