Trustco Group Holdings Limited (“Trustco”) is pleased to announce that Next Capital (Pty) Ltd (“Next”), a key shareholder and lender to the Company, has elected to extend the repayment date for a N$1 billion related party loan. The decision comes as Trustco and Next engage in negotiations that could see the loan converted into an...
The United People’s Movement (UPM) MP, Jan van Wyk, has refuted the allegations of violating an alliance agreement with the Popular Democratic Movement (PDM). “We had a meeting with PDM on the 15th of February this year. We discussed the matter, and we were in agreement that we go into elections as different entities. We...
Brazil and Namibia signed a pivotal naval agreement thirty years ago, which has become a cornerstone of regional stability and maritime security. Brazil’s ambassador to Namibia, Vivian SanMartin, at the meeting to celebrate 30 years of the agreement at the Brazil Ambassador’s Residence in Windhoek, hailed the Brazil-Namibia naval cooperation. SanMartin emphasised the enduring commitment...
The executive director in the Office of the Prime Minister, I-Ben Nashandi, and George Fedha from the World Food Programme (WFP) on Tuesday signed an agreement in Windhoek. The agreement aims to strengthen capacity for vulnerability assessment and analyses and systems for early warning systems, the digitalisation of the newly launched electronic voucher system, coordinating...
Botswana President Mokgweetsi Masisi says the Namibia-Botswana agreement on cross-border travel using Identity Cards (IDs) stands as a defining legacy of late President Hage Geingob and a step forward for regional cooperation. Masisi made these remarks during Geingob’s official memorial service on Saturday at the Independence Stadium in Windhoek. Geingob died on 4 February and...
OFFICIALLY SIGNED: Namibia and Rwanda signed the General Framework Agreement on the margins of the Executive Council Ministerial Meeting on Thursday in Addis Ababa, Ethiopia. The signing of this agreement will establish the Joint Commission of Cooperation (JCC) between the two countries. Now, we eagerly anticipate the inaugural JCC between Namibia and Rwanda. Rwanda was...
Construction Industries Federation of Namibia apologises to Ministry of Labour. After successful negotiations for the minimum wage payable as per category of worker, as well as the minimum employment conditions, the Construction Industries Federation of Namibia (CIF) and the Metal and Allied Namibian Workers Union (MANWU) have signed a Collective Agreement on 3 October 2023....
The Ministry of Labour, Industrial Relations, and Employment Creation (MLIREC) recently issued a statement addressing the delay in extending the Collective Agreement within the Construction Sector. The ministry in a statement clarified the circumstances surrounding the delay while refuting accusations made by the Metal and Allied Namibian Workers Unions (MANWU). According to the ministry, the...