The SA Reserve Bank has laid a corruption complaint against a former divisional head at its Financial Surveillance department, Raymond Paola, who was between 2012 and 2017 tasked with overseeing Steinhoff’s large cross-border transactions. His co-accused is said to be former CEO Markus Jooste and company risk manager Chris Grové. Startling details contained in a...
Presidnet Hage Geingob signed for the appointment of the new Bank of Namibia board members on his sick bed. The bank’s governor, Johannes !Gawaxab, revealed this during a memorial service held in Windhoek on Wednesday. He said to describe Geingob as a statesman falls short of capturing the enormity of his presence as he dedicated...
International relations and cooperation minister Netumbo Nandi-Ndaitwah has urged her technical teams to ensure the implementation of signed legal frameworks between Russia and Namibia. Nandi-Ndaitwah was speaking during a meeting with Russian deputy prime minister Yury Trutnev in Windhoek on Friday. “I wish to implore that implementation of signed legal frameworks should start. And where...
The Minister of Health and Social Services, Dr. Kalumbi Shangula, has dismissed allegations that Namibia has signed the WHO Pandemic Treaty, which is yet to be adopted since negotiations are ongoing. Dr. Shangula was responding to allegations by the president of the Republican Party that by signing the treaty, Namibia would lose its sovereignty and be...
On the sidelines of the Russia-Africa Economic and Humanitarian Forum in St. Petersburg, an agreement was signed between the Government of the Russian Federation and the Government of the Republic of Zimbabwe on cooperation in the use of atomic energy for peaceful purposes. The document was signed by the Director General of ROSATOM Alexey Likhachev...
On June 29, 2023, Uranium One Group JSC (an entity of the ROSATOM Atomic Energy Corporation) and YLB (Lithium Deposits of Bolivia, Yacimientos de Litio Bolivianos) Bolivian State Company signed a framework agreement on the construction of lithium carbonate mining and production complex in Potosí Department, Bolivia.Today lithium is in the mainstream of the green...
A partnership protocol for implementing the Tata Uhayele project was signed Friday in Lobito, coastal Benguela province. Signed the protocol were the Ngana Zenza Foundation for Community Development (FDC), the Ministry of Transport and the Benguela Railway (CFB). The objective of Tata Uhayele (Take care of your health, in the Umbundu national language) is to...