Category: Top Stories
Grey-listing Could Negatively Affect Namibia’s GDP by 6%
By: Staff writer Namibia’s recent grey-listing by the anti-money laundering watchdog Financial Action Task Force (FATF) could have a detrimental impact on the country’s Gross Domestic Product (GDP) by up to 6%. The grey-listing occurred on Friday following a…
Late President Geingob Laid to Rest … former Presidents urge nation to emulate Geingob
By: Nghiinomenwa-vali Erastus President Hage Geingob, who passed away after a brief battle with cancer, was laid to rest at Heroes Acre on Sunday. The funeral drew thousands of mourners, including 25 heads of state and former presidents….
NSFAF Recovery Campaign Nets Only N$41 Million in Three Years …Publication of defaulters’ names remains a possibility.
By: Hertha Ekandjo Since the launch of its national recovery campaign in 2021, the Namibia Student Financial Assistance Fund (NSFAF) has managed to recover approximately N$41 million from over 95,000 beneficiaries who owe the institution. However, out of…
Namibia Likely To Be Grey-Listed After Reforms Deadline Failure
By: Justicia Shipena There are high chances that Namibia would be greylisted by the Financial Action Task Force (FATF) following its failure to fully implement all the recommendations outlined in the Mutual Evaluation Report. Finance Minister Iipumbu Shiimi…
Osino Resources Rejects Dundee’s N$5.1 Billion Takeover Bid
By: Staff Writer Osino Resources, a Canadian gold miner, has opted to turn down a recent takeover bid by Dundee Precious Metals in favor of accepting an offer from an undisclosed foreign-based mining company. In a statement released…
Nearly a Billion Spent on Vegetable Oil Imports …farmers Encouraged to Invest in Local Production
Nghiinomenwa-vali Erastus Namibia faces a significant shortfall in domestic vegetable oil production, leading to heavy reliance on imports to meet its domestic demand. According to data from a Market Intelligence analysis conducted by the Namibia Agronomic Board, imports of…
Life After Incarceration: Breaking the Chains of Reintegration Struggles
By: Loise Shiimi For individuals with criminal records, the journey to securing employment and achieving financial stability post-incarceration can feel like navigating through another prison. Recognising these challenges, the Second Chance Foundation, a non-profit organisation, has dedicated itself…
Northern Producers Eager to Supply Cattle to Abattoirs
By: Nghiinomenwa-vali Erastus Producers situated north of the red line have demonstrated a keen interest in commercially marketing their cattle through auctions and direct sales at newly established abattoirs. This interest is reflected in the increase in cattle…
Mining Commissioner Calls for Unhindered Fossil Fuel Use for Development
By: Justicia Shipena Mining Commissioner Isabella Chirchir has reiterated that developing countries should be allowed the autonomy to utilise fossil fuels for their developmental needs, without interference from developed nations. Chirchir delivered these statements at the Africa Mining Indaba…
Namibia and Angola Initiate Talks to Address ‘Abandoned’ Children Situation
By: Justicia Shipena Namibia and Angola have initiated talks in a concerted effort to address the pressing issue of children reportedly abandoned on Namibian streets. There has been a noticeable increase in the presence of children on Namibian…