THE old and new Namibian Society of Composers and Authors of Music (Nascam) leadership are playing the blame game for the institution’s woes, while the employees have been asked to return their bonuses. Board chairperson Sula Kyababa yesterday accused former Nascam head John Max of running a one-man show, with no policies in place and...
The Gambia football team on Wednesday took off for the Ivory Coast ahead of the Africa Cup of Nations after boycotting their last training session at home over a qualification bonus dispute. The players skipped training while demanding a bonus payment for qualifying for the tournament, local media reported, but the decision angered supporters who...
Namibia Institute of Pathology (NIP) employees are demanding bonuses of between N$50 000 and N$100 000, with a police-monitored demonstration set to take place at the public entity today. These details are contained in a letter addressed to NIP board chairperson Bryan Eiseb by the Namibian Public Workers Union (Napwu). The workers are demanding N$100...
By Samuel LinyondiBank Windhoek’s Strategic Communication Manager. In October, the Bank of Namibia (BoN) left the repo unchanged at 7.75%, the highest in the past 14 years. If a repo rate increases, borrowing becomes more expensive, and product and service prices increase for consumers. The repo rate is one of the monetary tools to either...