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NDONGA LINENA…APP HEADING BACK TO THE ELECTORAL COURT
By: Andrew Kathindi All People’s Party (APP) Secretary-General Vincent Kanyetu has confirmed that the party is unsatisfied with the Ndonga Linena Constituency Regional Council election recount last month and will be heading back to the electoral court for recourse. The…
GOVT LABELS AMNESTY INTERNATIONAL REPORT NONSENSICAL
By: Justicia Shipena The health ministry has rejected a new report by Amnesty International, which found that members of the San community are denied access to health care. According to health executive director Ben Nangombe for Amnesty International, the report…
NAM HAD SPENT N$34M ON COFFINS BY AUGUST
By: Nghiinomenwa Erastus Namibia’s small manufacturing sector and dependence have led to the country spending N$34 million on coffins from August last year to the end of August 2021. The country’s most significant monthly coffin expenditure was N$8 million (23,8%),…
FOUR DAYS OF BURNING FLAMES END
By: Justicia Shipena The fire burning in Steinhausen District in the Hardap region for nearly four days is said to have been caused by children playing with matches. This was said by the Hardap regional commander, Sydney Philander, on Tuesday….
WHO RANKS NAM 8TH HIGHEST TB AFFECTED COUNTRY
Namibia has the 8th highest rate of TB globally out of 30, with an estimated 36% of cases going untreated in 2019. The ranking by the World Health Organisation is for both estimated TB incidence and the TB incidence among…
NEW TERMINAL MANAGEMENT TO BE OUTSOURCES
By: Nghiinomenwa Erastus The government seeks a private operator to manage and operate the new container terminal at the Port of Walvis Bay. The government, through the Namibia Investment Promotion and Development Board (NIPDB), announced on Monday. Moreover, it also…
EMERGING MARKETS AND CRYPTOIZATION RISKS…CRYPTO RISK WIDENS WITHOUT CONTROL MEASURES
By: Nghiinomenwa Erastus The acceleration of cryptoization in emerging economies can circumvent exchange and capital control restrictions without a regulatory framework. The International Monetary Fund (IMF) highlighted in its Global Financial Stability Report, October 2021. While noting that the financial…
AR SPARS WITH SPAR OSHAKATI
By: Kelvin Chiringa The Affirmative Repositioning Movement has knocked heads with Spar Oshakati, which has refused to issue a public apology over accusations of gross violations of workers’ rights and condition of work. AR spokesperson, Simon Amunime, reported that workers…
RETIREMENT FUNDS LIQUIDITY WITHOUT STEAM…INSUFFICIENT CURRENT ASSETS TO COVER CURRENT LIABILITIES
By: Nghiinomenwa Erastus The country’s active pension funds have been struggling with liquidity since 2018, Namfisa 2020 annual report shows. Liquidity is a measure of a pension fund’s ability to meet its short-term financial obligations as they fall due. In…
GEINGOB’S ‘GO TO HELL’ GAFFE…STATEHOUSE IN CRISIS MANAGEMENT
By:Kelvin Chiringa Statehouse has denied that President Hage Geingob told the central community members to “go to hell” after they failed to sing party songs. The widely circulated video shows Geingob, flanked by the Swapo Party secretary-general Sophia Shaningwa, slumping…