The Bank of Namibia (BoN) has declared a dividend of more than half a billion dollars. This underscores a major improvement in the central bank’s performance for the past financial year compared to that of the previous financial year, representing an increase of almost N$100 million. During the previous financial year, the bank distributed a...
Amerika stuur miljarde dollars se bomme, vegvliegtuie na Israel Amerika het die afgelope dae die oordrag van miljarde Amerikaanse dollars se bomme en vegvliegtuie na Israel goedgekeur, volgens twee bronne. Dit kom terwyl Washington in die openbaar kommer uitspreek oor ‘n verwagte Israeliese militêre offensief in Rafah. Die nuwe wapenpakkette sluit in meer as 1...
Stefanus Nashama Werner Januarie, the President of the Namibia Transport and Taxi Union (NTTU), has written to the Popular Democratic Movement’s McHenry Venaani and the Republican Party’s Henk Mudge to help him sue the government for N$522 million. According to court documents, Januarie has previously sought damages amounting to N$74 million, however, in the letter,...
Martin Endjala The Environmental Investment Fund of Namibia (EIF) has so far disbursed grants amounting to N$2.3 billion since its inception in 2001, conserved over 240,256 hectares of land, and approved 71 grants for various environmental projects. The Fund has created more than 950 employment opportunities (mostly rural-based), and retrofitted 169 boreholes, benefiting over 77,000...
Une étude indépendante révèle un retour sur investissement de 228 % sur trois ans grâce à la plateforme d’intelligence décisionnelle développée par Quantexa 5 Key Benefits and how much was saved with Quantexa’s Decision Intelligence Platform 5 Key Benefits and how much was saved with Quantexa’s Decision Intelligence Platform LONDRES, 13 févr. 2024 (GLOBE NEWSWIRE)...
Legislation and the direction of sound policies will play a crucial role in the expected transformation of the revolutionary transformation of the Namibian Economy. In anticipation of gains from green hydrogen projects and newly discovered oil off the coast, the Namibian Government must create effective policies and laws that will direct new industrial development in...
LONDRES, 11 janv. 2024 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA), banque d’investissement spécialisée dans les marchés émergents, vient d’obtenir un engagement de 30 millions de dollars américains en financement par dette senior pour Citizens Development Business Finance PLC (CDB), basée au Sri Lanka. EMGA a initié, structuré et négocié cet accord de...
Martin Endjala In a determined effort to combat Gender-Based Violence (GBV) in the country, the European Union (EU) has announced a contribution of N$28 million to fight the scourge in targeted regions. Speaking at the launch of the Combating GBV campaign and the signing of the contribution agreement in Windhoek yesterday, titled “Gender Equality/Combating Gender-Based...
In a philanthropic gesture that echoes a commitment to youth development and community well-being, Dr. Frankie Frederick has generously donated over one million dollars towards the construction of a sports field in Okahao, Omusati Region. The initiative, initiated in September 2023, aims to provide a dedicated space for young people in the region to practice...
Hertta-Maria Amutenja A former employee of Telecom Namibia in Tsumeb stands accused of defrauding a friend out of N$148 000 under the pretence of acquiring a discounted company vehicle. The case has been reported to the Oshikoto Regional Police as theft under false pretences. According to the Regional Commander, Commissioner Theopolina Kalompo-Nashikaku, the suspect, convinced...