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Goverment dismisses rumours of 600 SADC police officers jetting in for Geingob’s funeral
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February 20, 2024February 20, 2024Uncategorized

Goverment dismisses rumours of 600 SADC police officers jetting in for Geingob’s funeral

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Information and communication technology minister Emma Theofelus has dismissed rumours that about 600 police officers from different Southern African countries have jetted into the country for the funeral of president Hage Geingob slated for Sunday, 25 February. She said about 27 heads of state and government will grace the funeral. Updating the nation on the...

Namcor gets N$1,3 billion Goverment bailout
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January 18, 2024January 18, 2024Uncategorized

Namcor gets N$1,3 billion Goverment bailout

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The government has agreed to provide N$1,3 billion to bail out the financially crippled National Petroleum Corporation of Namibia (Namcor) as a short-term measure. The national oil parastatal made a N$700-million loss in the last financial year. The Cabinet initially rejected a proposal made in October to bail Namcor out. However, in a letter addressed...