Category: News
GEINGOB IRKED BY LOW MORALE …‘I SEE SOME WEAK HEART’ IN SWAPO
By: Kelvin Chiringa President Hage Geingob has taken issue with what he has described as a lowering of morale within the rank and file of the Swapo Party. Geingob was speaking at the opening of the party’s Central Committee meeting…
MTC VALUE WON’T BE AFFECTED BY LISTING – SHIIMI
By: Andrew Kathindi Government says that selling its shares in MTC to the general public and institutional investors will not change or affect the asset base of MTC. The asset base is the value of assets that constitute the basis…
NAMFISA MAKES DISTURBING FINDINGS…THE PROBLEMATIC N$190 BILLION PENSION FUNDS
By: Nghiinomenwa Erastus The on and off-site compliance inspections and assessment by Namfisa has found multiple issues within the pension industry that defies the country regulations and rules and risks people’s savings. Namibia has 147 active pension funds with 81…
ANGOLA THE EMERGING MARKET FOR NAM AGRI-PRODUCTS
By: Nghiinomenwa Erastus Angola has taken up around five various Namibian products from grain, vegetables, fruits, cattle, and milk in the second quarter of 2021. This is according to the Namibia Statistics Agency (NSA)’ Agriculture, Forestry and Fishing Sector Statistical…
AUGUST BUSINESS BORROWING…N$261,7M EXTENDED TO BUSINESS
By: Nghiinomenwa Erastus Theoretically, low interest stimulates borrowing both productive and for consumption however, the Namibian credit market has been defying such a notion. Compared to a year ago, the exchange of credit between the business community and banks has…
HAVOC IN CONSUMER WALLETS…FOOD PRICES INFLATION CONTINUES TO SOAR
By: Nghiinomenwa Erastus Food prices are corroding the purchasing power of the dollar more than any other goods in the consumer goods, Namibia Statistics Agency revealed. According to the three months data (April-to-June 2021), food prices inflation continues to soar…
GENOCIDE DEBATE…GERMAN COMPANIES SHOULD BE ACCOUNTABLE
The LPM leader Bernardus Swartbooi says German companies benefitted from the genocide between 1904 and 1908 that saw Hereros and Namas exterminated. In his contribution to the National Assembly debate on the Joint Declaration on the 1904-1905 Genocide between Germany…
LAND CONFERENCE TURNS THREE…WAS IT WORTH IT AND WHAT HAS CHANGED?
By: Kelvin Chiringa The second national land conference will turn three years old on Friday amidst criticism that nothing much has been done to realise some radical resolutions adopted to upset the skewed land-ownership patterns Namibian continues to grapple…
HORSE MACKEREL BROUGHT IN N$1,04B IN 3 MONTHS
By: Nghiinomenwa Erastus From April to June this year, the horse mackerel industry has generated N$1,04 billion in fish export. The Agriculture, Forestry and Fishing Sector Statistical Bulletin released by the Namibia Statistics Agency last week shows. The top export…
CREATING A SPACE FOR PROTECTED SEX
By: Justicia Shipena Health minister Kalumbi Shangula says that access to condoms remains a vital element in the fight against HIV and unintended pregnancies in the country. Shangula said this during the handover of 150 condom dispensers to the University…