Blog Page
Retirement Benefits and Contributions Gap Widens
By: Nghiinomenwa Erastus In the wake of regulators trying to ensure individuals do not withdraw from their pension, the country’s Financial Stability Report revealed that retirement contributions were insufficient to cover benefits paid last year. According to the Financial Stability…
Transmit Experience, Shaningwa Tells Swapo Elders
Staff Writer Swapo Party secretary-general Sophia Shaningwa said history binds the elders’ council with a responsibility to impact and transmit their experience to the youth. Shaningwa said this when she addressed the elders’ council’s central committee members in Windhoek on…
12 Deaths, 197 Rail Accidents in 4 Years & Still Counting
Staff Writer The latest incident where a TransNamib caught fire on Saturday outside Aus could be a grim reminder that the railway transporter has yet to put things in order. TransNamib spokesperson Abigail Raubenheimer confirmed the fire incident to The…
Mushelenga Calls for Press Freedom to be Protected
By: Ludorf Iyambo Information minister Peya Mushelenga has called on technology companies to counter misinformation and disinformation with accessible, factual and evidence-based information and avoid excessive efforts that could result in censorship of protected speech. Mushelenga said this at the…
Namibian Youth Understand Their Mission – Geingob
By: Justicia Shipena President Hage Geingob said Namibia’s youth understand their generational mission. Geingob said this during the official opening of the 17th Namibia National Students Organisation (Nanso)’s student congress in Windhoek. The Nanso elective congress, which started on Tuesday,…
Electricity to Cost More for Bulk Buyers
By: Nghiiinomenwa Erastus The Electricity Control Board has granted Nampower permission to pass on some of the burdens for generating and transmitting electricity to its consumers through a 7.3 per cent bulk tariff hike. The energy regulator acting chief executive…
Effects of Financial Sector Reforms on Economic Growth in Namibia
By: Josef Kefas Sheehama A stable and well-functioning financial system contributes significantly toward balanced and sustainable economic growth. The Bank of Namibia has developed a macroprudential toolkit used to address the build-up of risks and vulnerabilities. An analysis of the…
Debt Servicing Cost Households N$15.3 Billion Last Year
By: Nghiinomenwa Erastus In 2021 individuals/households spent N$15.3 billion of their disposable income repaying their debts from banks and non-banking entities, the country’s latest Financial Stability Report states. The burden of debts on individual borrowers is measured by calculating how…
Geingob Honours Cassinga Sacrifices…Veterans Say Government Will Be Paying Ghosts
By: Eba Kandovazu , Ludorf Iiyambo, Hertha Ekandjo President Hage Geingob says Namibians can honour the sacrifices of heroes and heroines who died at Cassinga by working in unity towards the realisation of a better Namibia. Geingob said this in…