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Cash & Carry Rundu Shuts Down, Residents Scavenge Around For Expired Food
Annakleta Haikera Mukwe constituency councillor and chairperson of the Kavango East Regional Council, Damian Maghambayi has questioned whether the leaders in his region are aware that people survive by scavenging for eating expired food. The development comes as Cash and…
Education scoops 28.9% of the national budget, with around 81% marked salaries
By:Nghiinomenwa-vali Erastus The country’s Finance Minister Iipumbu Shiimi has joined the public in demanding more from the education facilitators. Shiimi’swas made when he delivered his 2022/23 Budget Statement in Parliament on 24 February 2022. Despite the unsatisfactory performance coming from…
Angolans to Pay For Services Using Kwanza In Nam In The Future
By:Staff writer Namibian citizens will be able to shop and pay for services in Namibian dollars in Angola in the future. This measure once considered will also allow Angolan citizens to carry out commercial transactions in their currency in Namibian…
Tourism Sectors Best Performer Among Other Sectors
By:Hertha Ekandjo Among other sectors, the tourism sector could arguably be one of the best-performing sectors of the Namibian economy in 2023. While business and conference tourism is still below 2019 levels, this could materially increase as certain hospitality…
Indian Govt Opposes Hindustan Zinc’s $2.98 Billion Deal For Vedanta Zinc Assets
By: Staff writer The Indian government has opposed Hindustan Zinc’s planned $2.98 billion acquisition of zinc assets from top shareholder Vedanta Ltd, amid concerns over valuations and the deal being a “related party transaction”. Vedanta’s sale of its zinc assets…
Namibia Recorded N$34 Billion In Money Wallets In 2022
By:Uakutura Kambaekua Bank of Namibia governor Johannes !Gawaxab has urged citizens to explore the constant innovation in the payment eco-system of electronic money. He stated that the country has 2.5 million active wallets with 64 million transactions with over N$34…
Geingob’s Dissussion With Ethiopian Airlines Draws Mixed Reaction
By:Justicia Shipena The former cabin crew of the now defuct Air Namibia has rejected and questioned Namibia’s discussions with Ethiopian airlines to restart a national airline for the country. This is after President Hage Geingob has met with the chief…
Economy Can’t Absorb Returning Asylum Seekers – Expert
By: Fransina Nghidengwa The Namibian economy will be hard pressed to absorb the over 1,000 Namibian asylum seekers in the United Kingdom that will soon be deported back into the country. These were the views of International Relations analyst Marius…
Namibia, Botswana ID MOU To Boost Trade
By:Uakutra Kambaekua, Ngurije Katusuva Experts say trade between Namibia and Botswana will improve as the two countries are set to sign a memorandum of understanding to permit the use of national identity cards as travel documents to cross their borders….
Register Biometrically Or Forget Payout And Annuities- GIPF
By: Nghiinomenwa-vali Erastus Pensioners, beneficiaries, and other annuitants who have not provided their unique biological or physical characteristics for the purpose of identification will not receive their payouts or annuities for March 2023. This has been announced by the Government…