Category: National
GIPF Fights to Halt Sale of Shares in N$450 Million Trust
By: Uaueza Kanguatjivi The Government Institutions Pension Fund (GIPF) has approached the courts to prevent private equity and fund management company Myrtle Growth Capital from selling shares in the Namibia Mid-Cap Fund Trust, a fund to which GIPF…
City Yet to Quantify Costs for Flood-Related Relocations
By: Justicia Shipena The City of Windhoek (CoW) has yet to determine the total costs incurred in relocating residents affected by recent floods, with expenses covering water provision, transportation, and sanitation infrastructure. City spokesperson Lydia Amutenya told Eagle…
FNB Assures Clients Scams Are Not Inside Jobs
By: Dwight Links The First National Bank Namibia (FNB) has stated that there is no evidence suggesting its employees were complicit in recent fraud and scam incidents that have made headlines. Two FNB clients recently fell victim to…
GIPF Enforces Biometric Proof of Life Verification
By: Nghiinomenwa-Vali Erastus The Government Institutions Pension Fund (GIPF) has called on pensioners, children, and spousal beneficiaries to complete their biometric verification to confirm they are still alive. In a statement released this week, GIPF reminded beneficiaries that…
Policy Efficiency and Diversification to Define Namibia’s Trade Success
By: Justicia Shipena By focusing on market diversification, logistics modernisation, and policy efficiency, Namibia can boost its resilience and competitiveness, positioning itself as a leading trade hub in Southern Africa. However, external risks, including South Africa’s economic challenges,…
Maize Meal Prices Highest in Southern Namibia in January
By: Justicia Shipena Consumers in Erongo, Hardap, Omaheke, and //Kharas paid the highest prices for maize meal in January, according to the Namibia Statistics Agency’s (NSA) latest Consumer Price Index report. A 5kg bag cost N$71.57 in Zone…
NUST and MTC Partner to Launch Bloomberg Finance Lab
By: Dwight Links The Namibia University of Science and Technology (NUST) has partnered with Mobile Telecommunications Company (MTC) and the Namibia Investment and Finance Academy to establish the country’s first Bloomberg Finance Lab. Scheduled to open in mid-February, the…
Ueitele is Entitled to Land Tax Exemption – Former Ombudsman
By: Uaueza Kanguatjivi Former Ombudsman John Walters has defended Judge Shafimana Ueitele, whose impartiality in the red line case has come under scrutiny following his exemption from paying land tax on two farms he owns. Government Gazette No. 8408…
Only 12 Namibians Applied for Asylum to the UK Since 2023
By: Justicia Shipena The United Kingdom has recorded only 12 asylum applications from Namibians since implementing strict visa requirements in 2023. The British government revoked Namibia’s visa-free entry in July 2023, citing misuse of the privilege and concerns…
N$1.28 Billion Heavy Fuel 54 MW Power Station To Be Commissioned
By: Nghiinomenwa-vali Erastus NamPower will officially commission the second phase of its N$1.28 billion Anixas II Power Station at Walvis Bay, which is expected to contribute approximately 54 MW to the national power grid. The commissioning of phase…