Category: National
FNB To Re-purpose SME Value Proposition To Expand SME Success
By:Fransina Nghidengwa First National Bank (FNB) Namibia on Monday relaunched an updated SME value proposition to further support small-medium enterprises (SMEs). FNB Namibia Chief Executive Officer Erwin Tjipuka said they are also launching the Credit Guarantees Scheme to assist SMEs…
Deputy Minister Threatens Stopping Of Children’s Social Grants
By:Daniel Ndumba Children’s monthly social grant might be ceased if there is proof of misuse, Deputy Minister of Gender Equality, Poverty Eradication and Social Welfare, Bernadette Jagger has said. Social grants have gradually reached more children, yet the state budget…
Anti-money Laundering Training Dubbed Unethical
By:Justicia Shipena, Hertha Ekandjo and Fransina Nghidengwa Prosecutor General Martha Imalwa has told Namibian lawyers not to be afraid of prosecutors and magistrates being trained to make them “strong”. On Tuesday various legal practitioners gunned for the PG office which…
More Than Peace Needed For Dignified Life – Geingob
By:Uakutura Kambaekua President Hage Geingob says government is aware that people need more than peace and harmony to live a dignified life. Geingob said this recently while inaugurating the Community Legacy Centre at Etoshapoort near Outjo. “Although we have enjoyed…
Croc-Prone Kavango East/West Villages To Get Boreholes
By:Annakleta Haikera Government plans to install 43 boreholes at villages which have been prone to crocodile attacks in the Kavango East and West regions. This was revealed by deputy Executive Director for Water Affairs in the Ministry of Agriculture Elijah…
Lionel Mathews Undecided About Namcor Offer
By: Justicia Shipena Lionel Matthews declined to confirm if he will be taking on the position of acting Managing Director of the troubled National Petroleum Corporation of Namibia (Namcor). The former Nedbank Managing Director, now advisor to the Ministry of…
Expect Another Repo Rate Hike Next Week
By: Justicia Shipena With the inflation increase, economists at Simonis Storm project that the Bank of Namibia (BoN) will hike the repo rate by 25 basis points. The central bank is expected to announce the repo rate on 19 April,…
CIF Calls On Tender Requirements To Met AfDB Policies … says AfDB pre-qualification requirements excludes Namibian contractors
By: Justicia Shipena Despite existing procurement policies and laws of the African Development Bank (AfDB), efforts need to be made to engage local majority Namibia-owned businesses. This was the view of the Construction Industries Federation of Namibia (CIF). CIF recently…
Lack of Jobs Moves Khorixas Residents Out … Councillor wants more from residents
By: Daniel Ndumba Khorixas constituency Regional Councillor Sebastian !Gobs says a lack of big projects in the town to create employment for residents has led to some moving out pf the area. According to financial services company, First Capital Namibia,…
Investments Into Digital Transformation Increases – BoN
By: Justicia Shipena The Bank of Namibia (BoN) this week concluded a visit to the Central Bank of Kenya (CBK), in its ongoing pursuit of digital transformation for the central bank and modernisation of the financial sector to achieve higher…