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Category: News

Category: News

HOUSEHOLDS BORROWED N$1,7B IN 2021

By: Nghiinomenwa Erastus According to the Bank of Namibia’s monetary and financial statistics, households acquired more than N$1,7 billion in debts to fund their consumption, invest or acquire properties in 2021. The central bank says household debt increased from N$60,1…

 NBC, NAPWU HUG AND KISS AS THEY REBOUND

By: Kelvin Chiringa The Namibian Broadcasting Corporation (NBC) and the Namibia Public Workers Union (Napwu) seem to be mending relations after a fight over the union’s continued representation of workers. The national broadcaster’s director-general, Stanley Similo, has written to Napwu’s…

GUSTAVO HASN’T PAID LAWYERS SINCE JAN.2020

One of the Fishrot accused Ricardo Gustavo says he has not paid his lawyers for services rendered since January 2020 because of the asset restraint order. Gustavo’s assets and his co-accused – former fisheries minister Bernhard Esau, former justice minister…

BUCKLE UP, TIGHTEN UP OR BUY A BICYCLE

By: Nghiinomenwa Erastus/ Kelvin Chiringa  After a temporary respite in January, Tom Alweendo and his team are back this time to tell all motorists, consumers, and fuel-driven industries to prepare extra cents per litre come 2 February 2021. This is…