Hertta-Maria Amutenja The National Assembly’s (NA) financial records have revealed the continuous payments to Dynamic Mobile Solution, a telecommunication company, for services rendered over a staggering 13-year period despite the expiration of their contract. According to an audited financial report of NA, for the financial year ended 31 March 2023, conducted by Auditor–General, Junias Kanjeke,...
December 15, 2024
Tag: N600
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Drought relief items worth N$600 000 stolen in Ohangwena
The Ohangwena region’s disaster risk management unit has lost more than N$600 000 worth of cooking oil, and other items from its warehouse due to theft. Seven employees were arrested on Friday in connection with the incident. The Export Processing Zone (EPZ) warehouse, which is based at Oshikango, was used to store items aimed at...
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Xinfeng Investments plans N$600 million Namibia lithium plant
Chinese company Xinfeng Investments Limited is set to invest N$600 million in the construction of a state-of-the-art lithium processing plant, scheduled to commence operations in early 2024. The facility, based on dense medium technology, aims to ensure processing efficiency while adhering to stringent sustainability practices, in compliance with the government’s calls for value addition of...
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N$600 000 worth of FNB eWallets stolen
First National Bank Namibia says a total of N$600 000 has been lost through 788 transactions made via the bank’s eWallet facility since August last year. This was revealed by the bank’s executive for retail banking, Nangula Kauluma, at a press briefing in Windhoek yesterday. Kauluma was responding to the complaints of clients who have...
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N$600 000 lost through e-wallet scam – Windhoek Observer
Martin Endjala First National Bank (FNB) of Namibia has confirmed that a total of N$600 000 is estimated to have been lost through e-wallet scams that targeted its clients between August 2022 and August 2023. The bank’s Retail Executive Officer, Nangula Kauluma revealed this yesterday during a media briefing after the bank received multiple complaints...
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FNB records N$600 000 in fraudulent e-wallet transactions
In the wake of a rise in e-wallet scams, First National Bank (FNB) Namibia says a lack of understanding of the role of the one-time pin (OTP) is the leading cause of clients falling victim to conmen. During a media engagement with FNB, the bank revealed that 788 fraudulent e-wallet transactions were recorded between August...
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Prime Minister’s Drought Relief Programme has N$600 million shortfall
By Adolf Kaure. The Prime Minister, the Right Honourable Saara Kuugongelwa-Amadhila said that the National Emergency Disaster Fund has a shortfall of N$600 million to implement the Drought Relief Programme during a press briefing on Friday in Swakopmund. The briefing was attended by Erongo Governor, Neville André, as well as mayors and regional councillors from...
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N$600 million shortfall for drought aid
Prime minister Saara Kuugongelwa-Amadhila on Friday told Erongo governor and regional and local authorities that the government is N$600 million short for its nationwide drought relief programme set to be launched next month. “In Namibia, we have been experiencing droughts for probably seven consecutive years,” she said, highlighting the urgency of the upcoming drought relief...
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NDB en KfW onderteken klimaatslening van N$600 miljoen – Kosmos 94.1
NDB en KfW onderteken klimaatslening van N$600 miljoen Die Ontwikkelingsbank van Namibië en KfW Ontwikkelingsbank het ‘n tweede konsessie-lening van ongeveer 600 miljoen Namibiese dollar onderteken. Die lening sal aangewend word vir die ontwikkeling van klimaatverwante infrastruktuur-projekte, insluitend dié wat gefokus is op hernubare energie, water en lae-koolstofvervoer. Die befondsing is bykomend tot die sowat...