Forty-one employees of the Indian diamond cutting and polishing company, KGK Namibia, were presented certificates of appreciation in recognition of their dedication and five years’ service to the company on Wednesday morning. At the event, KGK managing director Sandeep Kothari said the event was to honour long-serving employees, most of whom have been with the...
CHAMWE KAIRA The government has announced that the Directorate of Agriculture and Land Reform is gearing up for the project involving the extension of Namibia’s Continental Shelf margin beyond 200 nautical miles. In preparation for this endeavor, which includes readiness to defend Namibia’s claim before the United Nations Commission on the Limits of the Continental...
Sintana Energy Inc. has been named to the TSX Venture (TSXV) 2024 Venture 50TM ranking, emerging as the top-performing company in the energy sector, a development attributed to its oil finds in Namibia. The TSX Venture 50 is an annual ranking of the top-performing companies from the past year on the TSX Venture Exchange, a...
King Faisal Specialist Hospital and Research Centre – Riyadh King Faisal Specialist Hospital and Research Centre – Riyadh RIYADH, Saudi Arabia, Feb. 15, 2024 (GLOBE NEWSWIRE) — King Faisal Specialist Hospital & Research Centre (KFSH&RC) has once again secured its position for the second consecutive year as a global leader in healthcare and number one...
… despite bid being N$447m more than other bidder The Namibia Water Corporation (NamWater) has decided to award a N$935 million tender to a Chinese company to construct a water purification facility at Oshakati, amid concerns that the winning bidder is N$447 million more expensive than one of the competitors. This is according to bid...
The Chinese company Zhong Mei Engineering has taken legal action against the government to stop the award of a N$237 million tender for the construction of the new Namibia Financial Institutions Supervisory Authority (Namfisa) head offices in Windhoek. Last year, the Namibia Revenue Agency (Namra) accused Zhong Mei of failing to pay corporate taxes in...
Former Development Bank of Namibia chief executive Martin Inkumbi has disinvested his shareholding from Mumi Investment Managers. The firm’s chief executive, Michael Mukete, announced the exit in a statement yesterday, citing that the decision is due to Inkumbi’s appointment as the Government Institutions Pension Fund (GIPF) chief executive. He disinvested his shareholding effective from 3...
Law firm Sisa Namandje & Co has declined to comment on its next steps following the passing of 12 April, the date the firm has set to take the Ministry of Justice to court. This comes after Eva (Nangolo) Phillemon, a legal aid lawyer, made controversial remarks on Twitter about Damara people. Her certificate to...
The governor of Kavango East Region says the region’s leadership is determined to fight criminal activities there. Bonifatius Wakudumo made the commitment during the leadership’s meeting with Police Inspector General Joseph Shikongo. About two months ago, residents of Kavango East gathered in numbers to express concerns about the high crime rate in the region. Soon...
