The Namibia Revenue Agency (NamRA) says it has uncovered suspicious transactions worth more than N$100 million that were sent outside of Namibia, primarily to South Africa, and then on to Asia and Europe. The national tax collector Commissioner Sam Shivute said the transactions were done by tax evading businesses using ghost companies. In most cases,...
Hertta-Maria Amutenja In a groundbreaking revelation, Namibia’s Revenue Agency (Namra) Commissioner, Sam Shivute, exposed a syndicate of ‘ghost companies’ orchestrating the illicit transfer of more than N$100 million out of the country. “Last year, our investigation team picked out a syndicate that we call ghost companies. You find people who would register a business with...
Martin Endjala Swakop Uranium’s social responsibility foundation last week donated N$100,000 towards the construction of the Nossobville Primary School’s hall in Gobabis, showcasing its commitment to education and childhood development. The N$100, 000 to the Nossobville school is aimed at the school’s hall renovation project. After the school took the initiative to renovate the hall...
Staff Reporter HYPHEN Hydrogen Energy (Hyphen) and the Development Bank of Southern Africa (DBSA) recently announced the closure of a €5 million project preparation funding facility intended to propel the development of Hyphen’s groundbreaking green hydrogen project in Namibia. This is equivalent to N$ 102,118,328.50.This facility, as described by Hyphen, will play a key role...
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...
Staff Reporter TELECOM Namibia and Huawei recently signed a N$100 million agreement for Fixed-Mobile Convergence (FMC Core), aiming to modernise Telecom’s core network. Huawei, a global leader in Information and Communications Technology (ICT), will deliver an FMC Core to Telecom Namibia, erasing the distinctions between fixed and mobile telecommunications networks. This move is intended to...
Telecom Namibia has signed an N$100 million agreement with Huawei, a global leader in information and communications technology, to deliver a fixed-mobile convergence core network (FMC Core). This is the second major digital transformation and network modernisation agreement the company has signed, since signing the N$327 OSS/BSS billing system agreement with the Spanish company SATEC...
A Angolan national (43) was fined N$100 000 by the Ondangwa Magistrate’s Court on Tuesday for being in possession of 1 365 rough, uncut diamonds. Venacio Chipopa was arrested in a hotel room at Ondangwa in November 2018, while in possession of the diamonds, which are worth N$900 000. The state has confiscated the vehicle...
NamPower has awarded a contract of over N$100 million to Actom Energy Namibia.This is for the procurement of high voltage equipment for the upgrade of the recently completed Sekelduin substation at Swakopmund. NamPower managing director Simson Haulofu said the substation will help to meet current and future electricity demands in the Erongo region. https://futuremedia.com.na/wp-content/uploads/2023/10/ENG-SIMSON-HAULOFU-ON-NAMPOWER.mp3 ...
Erongo-polisie vang man met N$100 000 se dagga Die Erongo-polisie het beslag gelê op amper 2 kilogram dagga ter waarde van 99 250 Namibiese dollar. Die mag sê ‘n intelligensie gedrewe operasie is geloods en ‘n 37-jarige man is by ‘n vulstasie in Ocean View op Swakopmund gevang. Hy bly in aanhouding en sal na...