Blog Page
Lawyer suspended for allegedly misappropriating funds
A lawyer has been temporarily suspended from executing his services by the High Court at the back of allegations that he misappropriated N$1,2m from a trust fund belonging to his client. The case landed in court Wednesday before Justice…
908,000 benefitting from drought relief
Prime Minister Saara Kuugongelwa-Amadhila said Wednesday that the estimated number of household beneficiaries for drought relief was initially 42,000 but has now been revised up to 172 938 household that comprises of about 908,018 people. Addressing ministers, deputy ministers,…
Development budget increased from N$5,5b to N$7,9b – Schlettwein
Finance minister Calle Schlettwein has said that the Government has increased the development budget by 42.2 per cent from N$5,5 billion to N$7,9 billion for the 2019/20 financial year. Schlettwein said this in his response to the latest downgrade…
Namibia’s economy to contract by 1.2% – Fitch
Fitch Ratings says it expects the Namibian weakening economic growth to contract by 1.2 per cent in 2019, against its initial positive growth expectations of 0.7 per cent. In a report released Tuesday from Hong Kong, Fitch has also…
Namibia’s current account deficit widens from N$1,3b to N$3,1b
Namibia’s current account deficit worsened to N$3.1 billion in the second quarter of 2019 compared to a deficit of N$1.3 billion in the second quarter of 2018. According to the Bank of Namibia’s second-quarter report released Monday, the main…
PDM’s 2019 National Assembly list
The Popular Democratic Movement has released names of its members who could be going to parliament if the party wins enough seats in the November 2019 Presidential and Parliamentary Elections. PDM held its electoral college in Windhoek at the…
We will not insult Swapo- Venaani
The official opposition party, the Popular Democratic Movement has held its electoral college this Saturday and its President, and McHenry Venaani told the party’s faithful that they will not insult the ruling Swapo party during the campaign trail. “I…
Govt assisting SMEs – PM
Prime Minister Saara Kuugongelwa-Amadhila said Saturday that the government has come up with a number of interventions aimed at supporting the development of the SME in the country. During her keynote address at the official opening of the Swakopmund Mini…
Former president Robert Mugabe buried in home village, ending an era
Zimbabwe’s founding leader Robert Mugabe was buried on Saturday in his home village of Kutama, ending a dispute between his family and the government of his successor President Emmerson Mnangagwa over his final resting place. Mugabe ruled Zimbabwe for 37…
Mugabe to be buried at his village
Robert Mugabe Zimbabwe’s former President Robert Mugabe will now be buried in his rural home Zvimba, 100 kilometres Northwest of Harare, a Government official has confirmed. Mugabe, who ruled Zimbabwe for 37 years, died on 6 September 2019 at Gleneagles…