SA’s Minister of Labour talks five-billion-rand Unemployment Insurance Fund jobs deal with Thuja Holdings

SA’s Minister of Labour and Employment Thulas Nxesi says he will file court papers to set aside the controversial five-billion-rand Unemployment Insurance Fund jobs deal with Thuja Holdings. Thuja Holdings CEO and former Productivity SA chairperson, Mthunzi Mdwaba, has alleged that minister Nxesi and two other cabinet ministers solicited a 500-million-rand bribe to allow a dubious job creation scheme by the UIF to proceed. Nxesi has strongly denied the allegations, saying Mdwaba must now prove his claims in a court of law.

Written by: Leonard Witbeen

FUTURE MEDIA NAMIBIA FUTURE MEDIA NEWS Mdwaba Nxesi Thuja Holding

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NamRA reports surge in transit value and growth

https://youtu.be/iuzbdvlJELE By: Hertha Ekandjo The Namibia Revenue Agency (NamRA) revealed that for February 2025 goods worth a staggering N$3.9 billion transited through the country in just one month, a reflection of both imports and exports. NamRA`s commissioner of Sam Shivute, emphasized the significance of the numbers, stating, “This is […]

March 14, 2025 22

Business / Economics

NIPDB CEO says unsustainable unemployment a threat to peace

https://youtu.be/rvKjQW_wr2Y By: Selma Taapopi Namibia Investment Promotion and Development Board (NIPDB) Chief Executive Officer Nangula Uaandja said the incoming president Netumbo Nandi-Ndaitwah should address unemployment immediately after her inauguration. Uaandja said the recent unemployment statistics pose a threat to peace and stability. According to Namibia Statistic Agency (NSA), the […]

March 14, 2025 13