The proposed consumer credit bill in Namibia aims to bring about comprehensive changes to the regulatory landscape governing credit provision and agreements. Its objectives include the consolidation, harmonisation and reform of existing laws, establishing consumer credit regulators, and the regulation of entities such as credit providers, credit bureaus and debt collectors. In addition, the bill...
Stefanus Nashama Hidipo Hamata, a Member of Parliament from the Popular Democratic Movement (PDM), has voiced serious concerns about the alarming surge in criminal activities in Namibia, emphasizing the significant threat it poses to the safety and well-being of citizens. Hamata made these remarks while contributing to a motion tabled in Parliament this week, which...
Stefanus Nashama The Minister of Labour, Industrial Relations, and Employment Creation, Utoni Nujoma, has emphasized that unemployment, especially among the youth, poses a significant threat of causing lasting trauma among this demographic in Namibia. Addressing the strategic planning workshop of the Labour Advisory Council (LAC) in Otjiwarongo this week, the Minister highlighted that the workshop...
The Otjiwarongo municipality has assured the residents that the planned explosives factory northwest of the town will pose no danger to residents as it is located in an area where there are no plans for current or future developments. The statement by town mayor Kandiwapa Shivute follows a daily newspaper report this week in which...
Ashley Nyambe THE emergence of the synthetic diamond industry poses a significant threat to natural diamond-producing countries like Namibia, as these lab-grown diamonds could potentially capture the market that natural diamond-producing countries traditionally cater to. This is according to Tom Alweendo, the Minister of Mines and Energy, who highlighted it as one of the main...