Author: Staff Writer
It’s A Police Problem, Not Ours: Bank of Namibia on Millions In Chinese House…As police Recover Part of Stolen N$1.1 Million
By: Staff Writer The Bank of Namibia has distanced itself from dealing with the N$1.1 million robbed from a Chinese national in Hochland Park, arguing that there is no law regulating how much local currency people should keep at home….
Outrage Over City of Windhoek Lavish Jamaican Trip … as City Continues to Bleed financially
By: Staff Writer Anger and outrage have rocked a lavish trip to Jamaica by City of Windhoek councillors after Management Committee Chairperson, Ndeshihafela Larandja, refused to go and gave back N$93 608, which she had pocketed for personal use. However,…
Swakop By-election Was A Gamble for Principles- Itula
Staff Writer The IPC leader Dr Panduleni Itula says the party’s victory in the Swakopmund by-election was a gamble between principles and breaking the law. IPC, represented by Luisa Kativa, retained the seat with 3 625 votes. Swapo’s Salomon Ndara…
July records highest annual inflation since April 2017
Staff Writer July’s annual inflation rate came in at 6.8% y/y, compared to 6.0% y/y recorded in the prior month, according to a latest Simonis Storm report. “This is the highest monthly annual inflation rate recorded since April 2017 and…
Karas probe two executives over “stolen” N$10 million
Staff Writer The Karasburg Town Council is in the midst of investigating its suspended finance manager, Mervin Amupolo, and chief executive officer in connection with N$10 million allegedly diverted from the council’s bank accounts into private pockets. This has been…
Paratus boss fires shots at Amupanda…ex-mayor describes telecoms big gun as arrogant
Staff Writer Barney Harmse, Paratus Group Chief Executive Officer, has fired shots at a latest post by ex-mayor, Dr. Job Amupanda, who this week described him as an “arrogant” “white… Paratus CEO guy” fighting the city’s telecommunications license. Amupanda told thousands of…
Nedbank Group Delivers Strong Performance
Staff writer Nedbank Group delivered a strong financial performance for the six months to 30 June 2022 after headline earnings increased by 27 per cent to R6,7 billion, driven by strong revenue growth, a slightly higher impairment charge and a…
City Motion of No Confidence To Be Handled This Friday
Staff Writer The City of Windhoek has now effectively resolved to convene a special council meeting this coming Friday, the 12th of August 2022, to discuss the motion of no confidence on the management committee. The motion was brought by…
Rössing Uranium Hands Over Infrastructure To Willem Borchard Primary School
Staff writer Close to 400 learners at the Willem Borchard Primary School (WBPS) in Okombahe, Daures Constituency, will now be able to enjoy their break time meal on comfortable chairs and tables. This comes as Rössing Uranium handed over infrastructure…
Environment Not Conducive for Negotiations: Cheetah Cement
Staff Writer The Cheetah Cement factory management at Otjiwarongo will likely not settle for a proposal to go back to the negotiation table just yet as the Mine Workers Union (MUN) now needs to answer to accusations of breaking some…