President Nangolo Mbumba has revealed that the government has made a budget allocation of N$8 million to revive the now-defunct Kalimbeza Rice Project in the Zambezi Region and approved plans to set up a sugar plantation on part of Kalimbeza, as well as a sugar processing plant in Katima Mulilo. “I am pleased to inform...
Namibia Financial Institutions Supervisory Authority (NAMFISA) has approved Central Securities Depository Limited as a central securities depository (CSD) in Namibia, with the aim to centrally hold, safe keep and settle securities such as shares, bonds, and other financial instruments in electronic form. The Central Securities Depository Limited is jointly owned by the Bank of Namibia...
Martin Endjala The City of Windhoek Municipal Council has last week approved the establishment of a new township on Portion 317 of Rocky Crest The new township development will be known as Rocky Crest Extension 8. The Mayor of Windhoek, Queen Kamati said, the move is aimed at addressing the escalating demand for urban housing...
Martin Endjala The City of Windhoek Municipal Council has last week approved the establishment of a new township on Portion 317 of Rocky Crest The new township development will be known as Rocky Crest Extension 8. The Mayor of Windhoek, Queen Kamati said, the move is aimed at addressing the escalating demand for urban housing...
Roman Catholic priests can administer blessings to same-sex couples as long as they are not part of regular church rituals or liturgies, the Vatican has said in a landmark ruling approved by pope Francis. A document from the Vatican’s doctrinal office said such blessings would not legitimise “irregular situations”, but would be a sign that...
Roman Catholic priests can administer blessings to same-sex couples as long as they are not part of regular church rituals or liturgies, the Vatican has said in a landmark ruling approved by pope Francis. A document from the Vatican’s doctrinal office said such blessings would not legitimise “irregular situations”, but would be a sign that...
This, however, comes with conditions to address competition concerns and potential negative impacts on employment. The first merger involves the company Vitol Emerald Bidco (VEB) acquiring 74% of Engen Limited, granting VEB sole control. VEB is part of the Vitol Group and specialises in energy marketing and trading, dealing primarily in crude oil, petroleum products...
Martin Endjala The Cabinet has approved the revised National Housing Policy and Implementation Action Plan and related estimated financial implications to enable improved access to housing, and inclusive and sustainable economic development. This was announced last week Thursday by the Cabinet spokesperson and Information Communications and Technology Minister Peya Mushelenga, following the Cabinet Decision during...