Category: News
HOUSEHOLDS TAKE 54,2% OF COMMERCIAL BANKS’ LENDING
By: Nghiinomenwa Erastus By the end of the second quarter (2021), depository corporation institutions (banks) domestic assets were valued at N$131, 48 billion. Out of those billion valued assets, N$61, 43 billion are loans/funding lines extended to individuals in the…
#SHUTITALLDOWN LEADERS FUMBLING FOR MISSING FUNDS
By: Justicia Shipena and Julia Heita Questions confronted the leadership of the #ShutItAllDown movement regarding the US$5 000 grant awarded to the movement following the October 2020 protest. The movement’s first commemoration of the #ShutItAllDown protest failed to take…
NAMWANDI DENIES INVOLVEMENT IN LIMKOKWING
Former education minister David Namwandi has denied involvement in the opening the Limkokwing University in Namibia. Namwandi, who owns the International University of Management, served as the Minister of Education from 2013 to 2015. Before he became the minister,…
I WISH I COULD FIRE ROGUE OFFICERS – NDEITUNGA
By: Kelvin Chiringa Inspector General of the Namibian Police expressed that he wished he could fire rogue police officers that have given in to the acts of corruption and smuggling contraband to trial awaiting persons. Ndeitunga responded to a search…
DBN TO FINANCE CLIMATE CHANGE ADAPTATION PROJECTS
By: Nghiinomenwa Erastus The Development Bank of Namibia has opened its doors to fund climate-adaptive entrepreneurial projects in water, renewable energy and buildings. In announcing its new line of funding last week, the development bank explained that although climate change…
NAFAU TELLS AR’S UNION TO BACK OFF
By: Julia Heita The Namibia Food and Allied Workers Union (Nafau) told the Revolutionary Union to stay away from its activities on Monday. This comes as, last week, a demonstration by Spar Oshakati employees who Nafau represents took place with…
NAMIBIA RECORDS A DECREASE IN TRAFFIC COLLISIONS
By: Justicia Shipena Home affairs executive director Etienne Maritz says that road traffic collisions have decreased this year. Maritz said this during the handover ceremony of vehicles procured through the Road Administration Fund on Monday. According to Maritz, since last…
TREASURER NEED N$1,05 BILLION ON THURSDAY
By: Nghiinomenwa Erastus The government will auction its six months, and 11-months I-Owe-You notes to raise N$1,05 billion from the market next Thursday through the central bank. The Bank of Namibia (BoN) announced through an invite send out on Friday…
WE DID SOMETHING- JUSTICE MINISTER A YEAR AFTER #SHUTITALLDOWN
By: Kelvin Chiringa Justice minister Yvonne Dausab has bashed back criticism that nothing much has been done to change the situation of sexual gender-based violence against women and girls, one year after the #ShutItAllDown movement. Last week, the 8th of…
1 600 TONS NORWEGIAN BEEF QUOTAS UP FOR GRABS
By Nghiinomenwa Erastus The Meat Board of Namibia has invited eligible abattoirs and producers to apply for the Norwegian quota for 2022. The 1 600 tons are available to Namibians for the production and export of beef to Norway. The…