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CoW interns cut off after MP questioned labour at the city
By: Justicia Shipena Parliamentarian, Maximilliant Katjimune, has said that the contracts of some interns at the City of Windhoek were terminated yesterday soon after he raised the matter of their exploitation in the national assembly. The young lawmaker posted questions…
The week Swapo and Opposition united for once in parly
By: Hertha Ekandjo The recently convened Pan African Parliament has turned out to be the only occasion which for once in a very long time has seen the ruling Swapo party burying differences with the opposition to unite behind a…
Does it really matter what we do with the interest rate? …future economists voices
By: Nghiinomenwa Erastus The next Monetary Policy Committee meeting is a month away, on the 15th of August and then on the 16th the governor delivers what is expected to be another repo hike. The expected hike is coming at…
Namibian lawyer re-appointed director of Association of International Energy Negotiators
Staff Writer Shakwa Nyambe, the Managing Partner of the law firm SNC incorporated with offices in Windhoek, Namibia has been re-appointed for a third term as a Board of Director for the AIEN’s African Chapter. The AIEN is an independent,…
Namibia’s Rating Downgrade: What does it mean for Namibia?
By: Josef Kefas Sheehama Fitch Ratings (Fitch) downgraded Namibia’s long-term foreign currency credit rating to BB- and changed the outlook from negative to stable on Friday, June 24. This reflects rising government debt and is exacerbated by the economic shock. A…
Stolen Namibian Police Guns Feed Cape Town Gangs
Staff Writer South African police say that about 174 guns – Berettas, Brownings, Walther P38s, and CZ75s – used by Cape Town gangs were stolen from the Namibian police. A report by the Sunday Times says Berettas fetch anything between…
Covid-19 Blamed for Agriculture Underspending of Millions
Staff Writer The auditor-general, Junius Kandjeke, said the agriculture ministry underspent in about ten directorates, while the directorate of water resources management was the only one spent during the 202/2021 financial year. Some of the directorates that underspent are the…
CIS Warns Guards Over Salary Delay Demo
By: Justicia Shipena Employees of CIS Security Services in Katima Mulilo say they have been issued final warning letters after planning a demonstration over their delayed salaries. The Namibia Transport and Allied Workers Union (NATAU) regional coordinator, Alex Taimo,…
Resigned Health Staff Member Processed 76 Transaction Worth N$1,6m
Staff Writer An audit for the 2019/2020 financial year carried out by the Auditor-General of the health ministry found that a staff member who resigned on 13 August 2020 processed 76 transactions to the value of N$ 1 565…
Savanna Beef Processors Reached 70% of its Equity Target
By: Nghiinomenwa Erastus In their quest to establish a new beef export processing facility in Namibia, Savanna Beef Processors have raised N$146 million from 549 producers in its First Round of Funding. One of the initiators and spokesperson of the…