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Loans Worth ThreeMillion Advanced To Youth In Kavango Regions
By:Annakleta Haikera The Agricultural Bank of Namibia (Agribank) has offered loans valued at N$3.1 million to youth in the two Kavango regions over five years. This was said by Agribank Chief Executive Officer (CEO), Raphael Karuaihe on Wednesday during the…
AEC To Establish Office In Namibia To Promote Local Content, Capacity Building
By:Staff writer With Namibia’s energy sector on the precipice of rapid transformation on the back of recent oil and gas discoveries, the African Energy Chamber (AEC) will establish an office in the country dedicated to promoting local content development efforts….
Argentina Removes Namibia, Others Jurisdictions From “Non-Cooperative” List
By:Staff writer Argentina’s tax administration has announced the removal of Namibia and 14 other jurisdictions from the government’s list of low- or no-tax jurisdictions for the purposes of tax implications, pursuant to Decree 48/2023, which modifies the list provided by…
N$91 Million Paid To 559 Struggle Veterans
By:Laban Rasalus The Ministry of Defence and Veterans Affairs has spent N$91 million in cashon 559 veterans of the liberation struggle last year, minister Frans Kapofi has revealed during a staff meeting this week. The age category of veterans paid…
Kunene Hosts Farmers’Engagement Day
By:UakuturaKambaekua Kunene’s Directorate of Veterinary Services, recently hosted a farmer’s engagement day. An inter-ministerial team consisting of staff members from the Directorate of Veterinary Services and the Directorate of Agricultural Production, Extension and Engineering Service in the Kunene region –…
Namibia Races To Amend Nine Laws As Deadline Looms …. to close money laundering and proliferation financing loopholes
By:Nghiinomenwa-vali Erastus To avoid grey-listing and its negative impacts, government has adopted a strategy to rectify some of its regulatory weaknesses. These are in Anti-Money Laundering and Combating the Financing of Terrorism and Proliferation. Following the review facilitated by the…
Go On Forced Diet, And Resort To Alternative Energy Sources- Inflation Monster
By:Nghiinomenwa-vali Erastus Contrary to the central bank’s theoretical motives to contain inflation by increasing the cost of money (repo rate), the prices of goods in the domestic market have either been increasing or steady. The last time annual inflation has…
Fly Namibia objects Fly Etosha License Application
By:Justicia Shipena Fly Namibia Aviation has taken the legal route to reject an air transport service licence of an airline named Fly Etosha Airways by retired pilot captain William Ekandjo. This week, Ekandjo in an interview with local media said…
Bezant Resources Updates On Hope & Gorob Project
By:Staff writer A decision from the Ministry of Mines and Energy regarding the Hope and Gorob mining licence application ML 246 remains pending, Colin Bird, executive chairman of Bezant Resources, said last Friday. “Exclusive Prospecting Licence 5796 has been extended…
African Energy Chamber Endorses the Namibia International Energy Conference 2023
By:Staff writer The fifth edition of the Namibia International Energy Conference is set to unite Namibian energy leaders and industry professionals with global partners to discuss challenges and opportunities within the country’s evolving landscape. Scheduled for 25-27 April in Windhoek,…