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AFCFTA UPDATES…FISH AND COPPER HELP NAM TRADE TO GO BEYOND SACU
By: Nghiinomenwa Erastus Out of 10 008 countries, Namibia buys goods from, only 13 of those are in Africa. Another trend picked is that if it were not for consistent fish export to DRC and Zambia and copper import from…
IT’S NOT ALWAYS ABOUT RACE – PUPKEWITZ TOYOTA
By: Julia Heita Pupkewitz Toyota Namibia’s marketing manager Olivia Gentz has said a decision by the company to give Miss Namibia runner-up Annerie Maré a vehicle more valuable than the one Miss Namibia Chelsi Shikongo received has nothing to do…
20% PENALTY ON THE OUTSTANDING AMOUNT – NAMRA.
By: Nghiinomenwa Erastus Late payment of tax payable will result in a 20% penalty of the outstanding amount, while late submission of returns will be penalised N$100 every day they are late. A taxpayer will be penalised for underestimating their…
HOUSEHOLDS TAKE 54,2% OF COMMERCIAL BANKS’ LENDING
By: Nghiinomenwa Erastus By the end of the second quarter (2021), depository corporation institutions (banks) domestic assets were valued at N$131, 48 billion. Out of those billion valued assets, N$61, 43 billion are loans/funding lines extended to individuals in the…
#SHUTITALLDOWN LEADERS FUMBLING FOR MISSING FUNDS
By: Justicia Shipena and Julia Heita Questions confronted the leadership of the #ShutItAllDown movement regarding the US$5 000 grant awarded to the movement following the October 2020 protest. The movement’s first commemoration of the #ShutItAllDown protest failed to take…
NAMWANDI DENIES INVOLVEMENT IN LIMKOKWING
Former education minister David Namwandi has denied involvement in the opening the Limkokwing University in Namibia. Namwandi, who owns the International University of Management, served as the Minister of Education from 2013 to 2015. Before he became the minister,…
I WISH I COULD FIRE ROGUE OFFICERS – NDEITUNGA
By: Kelvin Chiringa Inspector General of the Namibian Police expressed that he wished he could fire rogue police officers that have given in to the acts of corruption and smuggling contraband to trial awaiting persons. Ndeitunga responded to a search…
DBN TO FINANCE CLIMATE CHANGE ADAPTATION PROJECTS
By: Nghiinomenwa Erastus The Development Bank of Namibia has opened its doors to fund climate-adaptive entrepreneurial projects in water, renewable energy and buildings. In announcing its new line of funding last week, the development bank explained that although climate change…
NAFAU TELLS AR’S UNION TO BACK OFF
By: Julia Heita The Namibia Food and Allied Workers Union (Nafau) told the Revolutionary Union to stay away from its activities on Monday. This comes as, last week, a demonstration by Spar Oshakati employees who Nafau represents took place with…
NAMIBIA RECORDS A DECREASE IN TRAFFIC COLLISIONS
By: Justicia Shipena Home affairs executive director Etienne Maritz says that road traffic collisions have decreased this year. Maritz said this during the handover ceremony of vehicles procured through the Road Administration Fund on Monday. According to Maritz, since last…