Category: Top Stories
Govt’s New Minimum Wage Order Irks Employers
By: Hertha Ekandjo The Namibia Employers’ Federation (NEF) has expressed disappointment and frustration over the government’s decision to implement a National Minimum Wage (NMW). Last week, the Ministry of Labour, Industrial Relations, and Employment Creation (MLIREC) announced that employers…
280 Positions Open at Agri Ministry
By: Nghiinomwena Erastus The Ministry of Agriculture, Water and Land Reform will advertise 110 vacancies tomorrow as part of its strategy to fill 280 vacancies. These positions are part of the approved positions to be filled during this financial…
Local Financier Facilitates N$2.8 Billion for Navachab Mine Expansion
By: Staff Writer RMB is set to facilitate a N$2.8 billion (USD 155 million) syndicated loan from Namibian and South African banks aimed at expanding QKR Navachab, Namibia’s second-largest gold mine. Under the agreement, RMB will serve as…
Namibia and Angola Approve Joint Bank Account for Baynes Hydropower Project
By: Justicia Shipena Namibia and Angola have recently approved the establishment of a joint bank account, to be located in either Luanda or Windhoek, to kickstart the Baynes Hydropower Project. This long-term project, with an 81MW capacity, is…
National Minimum Wage Set At N$18.00/Hour
By: Hertha Ekandjo Effective January 2025, all employers in Namibia will be required to pay their employees a minimum wage of not less than N$18.00 per hour. This is the decision taken by Cabinet last week following proposals…
Women Own 30% of Namibian Farms
By: Hertha Ekandjo Recent data from the Namibia Agronomic Board (NAB) indicates that about 30% of horticulture farmers in Namibia are women, while approximately 70% are men. This statistic reflects the proportion of female farm owners compared to their…
Mbumba Urges Investment in Education
By: Juliana Iikela President Nangolo Mbumba has emphasised the critical need for Africa to invest in education to avoid being left behind in the rapidly evolving global landscape. Speaking on Africa Day, Mbumba highlighted the importance of building resilient…
Iran Offers Water Infrastructure Assistance to Namibia
By: Justicia Shipena Iran has announced its readiness to provide Namibia with expertise in constructing water infrastructure. Iran’s Ambassador to Namibia, Seyed Ali Sharifi Sadati, revealed this assistance during a recent meeting with President Nangolo Mbumba. Ambassador Sadati…
City Clears N$38 Million Under Pensioners Debt Relief Program
By: Fransina Nghidengwa The City of Windhoek has cleared N$38 million of debt from over N$250 million as part of its Pensioners Debt Relief Program, which concludes this Friday, 31 May. City spokesperson Harold Akwenye told The Villager…
Stimulus Assets Portfolio Rises to N$726.4 Million
By: Justicia Shipena Stimulus Investments Limited, a Namibian private equity firm, reported that total assets under its management reached N$726.4 million as of February this year. The firm says companies that have invested in it have a total…