Author: Staff Writer
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…
Telecom Namibia to Invest N$2,3b to Modernise Networks
Staff Writer Telecom Namibia chief executive officer Stanley Shanapoinda says the parastatal plans to invest more than N$2,3 billion in the next five years to modernise our national fixed and mobile network, starting from the national backbone to the core…
Letshego Moves Into Ongos Valley Deal
Staff Writer Letshego Namibia now extends soft loans to anyone who qualifies, unlike in the past, when the bank was heavily involved with government workers. Speaking during the signing of a partnership agreement with Ongos Valley Group in Windhoek on…
Ramaphosa Denies Kidnapping, Torturing Namibians
Staff Writer South Africa’s President Cyril Ramaphosa says two of the five Namibians accused of breaking into his farm in February 2020 were assaulted by guards when they first broke into a farm close to his in the Limpopo province….
Trade deficits expected in second half financial year
Staff Writer The domestic economy is expected to continue bleeding as it spends more on imports than raking export revenues. This comes as Namibia recorded a trade deficit in each month Year-To-Date (YTD), averaging a monthly trade deficit of N$3.4…
Engineers fight over decision to annul online qualifications
Staff Writer The Engineering Institute of Technology (EIT) has now resorted to the services of its lawyers at Metcalfe Beukes and Attorneys to contest a decision by the Engineering Council of Namibia (ECN) to cancel the recognition of certificates and…
Job Pulls Out
Staff Writer City of Windhoek councillor and ex-mayor, Job Amupanda, has pulled out of a ministerial technical committee tasked with holding nationwide consultations on the controversial FIMA bill, his letter to finance minister, Ipumbu Shiimi shows. Amupanda suggested that his…