Author: Staff Writer
NIPDB, MTC Launch App for Small Businesses
Staff Writer The Namibia Investment Promotion and Development Board chief executive officer Nangula Uaandja said Namibia has seen numerous and significant MSME interventions; however, measuring the impact has been challenging. Uaandja said this at the launch of the In4MSME app…
Rescuers couldn’t save Impalila plane crash victims despite calls for help
By: Staff Writer Several rescuers that responded to an airplane accident which claimed five occupants on board could not save them even as cries for help could be heard from the wreckage when they arrived on the scene. The…
Trustco Group Holdings had always been “a marked man”
Staff Writer The holding company of Trustco Bank Namibia, Trustco Group Holdings (TGH) seemed to never have been far from controversy and question marks as more documents reveal that a call was made as far back as early 2022 for…
Trouble in the fishing sector…as union faces criminal prosecution over “fraud”
Staff Writer Two representatives of the Namibia Fishing Industries and Fisherman Workers Union are facing the prospect of criminal charges opened against them after several fishermen accused them of putting their signatures on resignation papers without their consent. This is…
NASRIA Set to Unveil Agricultural Insurance Scheme
Staff Writer Namibia Special Risks Insurance Limited (NASRIA) will soon unveil its much anticipated new product, the Namibia Agriculture Insurance Scheme (NAIS), which will ensure crop and livestock farmers against natural calamities in a sustainable manner. This scheme, which will…
Govt Wants Each Namibian to Eat 20.4kg of Fish Per Year
Staff Writer The fisheries minister Derek Klazen said in terms of policy, the government wants to achieve at least 20.4kg of fish consumption per person per year within this financial year. Klazen said this on Friday when he launched the…
Development Bank, NIPDB Formalise Cooperation
Staff Writer Development Bank of Namibia (DBN) and the Namibia Investment Promotion Board (NIPDB) have formalized their cooperation with a memorandum of understanding (MoU) signed on 28 September 2022. The two development agencies had previously cooperated, notably when DBN accompanied…
Good News Expected for SA Petrol Prices Next Week
Staff Writer Households in South Africa could be in for some respite in the coming months as petrol prices are set to cool off slightly next week, according to the latest data from Central Energy Fund (CEF). However, the mines…
Gondwana Care Trust Raises About N$180,000
Staff writer Gondwana Care Trust has raised about N$180,000 for charity through its fundraising golf day. This is the Trust’s second fundraising golf day and was held at the Omeya Golf Course last week, with 20 teams participating. “We are…
Meatco’s Cannery Still Suspended
Staff writer Meatco’s production at the cannery is still suspended for the financial year 2021/22, after the company revealed that the economies of scale did not justify remaining open. This was revealed in the company’s latest financial report. The company…