Recredit-Asset Management has brought to the court cases estimated at 129 billion kwanzas, as part of the recovery of toxic assets acquired from the Credit Savings Bank (BPC). In addition to the aforementioned amount, 23 billion kwanzas are intended for the precautionary measures requested from the Court, according to the institution’s CEO, Valter Barros. Also...
December 13, 2024
Tag: takes
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Inmate (62) takes own life
Inmate Alexander Krylov (62), a Russian national, took his own life at the Windhoek Correctional Facility on Friday. According to the police crime report, Krylov’s remains were discovered in the shower by other inmates. “The deceased was allegedly serving 35 years and 12 months on three counts of offences including rape, trafficking in persons and...
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Namibia takes stand against corruption – Joins 6th Annual General Meeting of Africa’s Anti-Corruption Authorities
Staff Reporter PAULUS Noa, the Director-General of the Anti-Corruption Commission, participated in the 6th Annual General Meeting of the Africa Association of Anti-Corruption Authorities held in Johannesburg, South Africa. The aim of the two-day conference, taking place between 31st July and 1st August 2023, was to address the pressing issue of combating corruption and tackling...
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Namibia Oil and Gas Conference 2023 takes off
By Clifton Movirongo. The Namibia Oil and Gas Conference, coordinated by the Economic Association of Namibia (EAN), the Namibia Investment Promotion and Development Board, and the Hanns Seidel Foundation, was officially launched on Tuesday in Windhoek and will take place on 16 and 17 August. The conference’s primary goal is to create a platform for...
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Justice for Animals Takes on Job Amupanda Over Alleged Dog-Eating Video – Namibia Daily News
Kaleb Nghishidivali Windhoek, August 1 – Justice for Animals, a prominent animal rights organization, has launched a legal battle against Job Amupanda, accusing him of violating the 1962 Animal Protection Act by allegedly consuming dog meat. The charges against Amupanda are based on a video he posted on his social media last week, where he...
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Kashuupulwa takes over reigns at Ohangwena
Maria David NAMIBIAN Police Chief Joseph Shikongo has appointed Ottile Kashuupulwa as the new Regional Commander of Ohangwena, replacing Elizabeth Sibolile who retired at the end of July. Kashuupulwa has also been promoted to the rank of commissioner after serving as the head of operations in Oshana Region for years. She becomes the fourth woman...
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Swakop culpable homicide suspect takes own life
In a tragic sequence of incidents at Swakopmund’s DRC informal settlement on Sunday, a culpable homicide suspect, linked to the death of a 14-year-old girl, look his own life. According to a report from the Erongo police spokesperson, inspector Ileni Shapumba, the first incident occurred between 09h00 and 10h00. “An unlicensed employee at a local...
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EduVentures takes environmental education into remote rural area schools
The Creative Facilitator at EduVentures says they have made great strides in taking environmental education deep into remote rural area schools. Fernando Filipe said this at the launch of the Ombombo Mobile Classroom, a first of its kind in Namibia with its six-tonne truck, which is rolled into a classroom. “Right now we are sitting...
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China takes centre stage at swimming world champs
China got their campaign up and running at swimming’s world championships on Monday, claiming two gold medals to banish the memory of a forgettable showing at last year’s competition. The Chinese team won only one individual swimming gold last year in Budapest but they doubled that tally in the evening’s first two races in the...