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751 Results / Page 1 of 84


Business / Economics

Budget Statement for the 2024/25 Financial Year

Introduction Honourable Speaker, Honourable Members of Parliament, Fellow Namibians, I have the distinct honour this afternoon to table before the National Assembly the budget proposals for the FY2024/25 and the Medium Term Expenditure Framework for FY2024/25 – FY2026/27 under the theme “continuing the legacy of His Excellency Dr. Hage G. Geingob by caring for the Namibian child”. Before I delve into the details of the budget, I would like to […]

todayFebruary 28, 2024 43


Capricorn Foundation brings about positive change in Education

The Capricorn Foundation believes that investing in education has a ripple effect on the overall economic growth of a country. The Capricorn Foundation, funded by Capricorn Group's subsidiaries Bank Windhoek, Capricorn Asset Management and Entrepo, dedicated almost N$1.8 million in the last three months to various education and training initiatives, addressing infrastructure, providing study materials, personnel training and addressing rural-urban education gaps in Namibia. "As a Connector of Positive Change, […]

todayFebruary 28, 2024


Small-scale fishers could be allowed to catch new species

photo: Ashraf Hendricks By Liezl Human via GroundUp Small-scale fishers in the Western Cape could be allowed to catch new species, the Department of Forestry, Fisheries and the Environment has said. The Department is finalising policy for the small-scale sector in the Western Cape. Small-scale fishing cooperatives must be sustainable, Abongile Ngqongwa, deputy director of small-scale fisheries management, told Parliament on Tuesday. He said most resources had been declining and […]

todayFebruary 28, 2024 1


We’re losing species faster than we can find them

De Winton’s Golden Mole, found in June 2021. Photo courtesy of JP Le Roux. By Liz Kimbrough via Mongabay “We did it!” Doka Nason shouted as he stared at the screen of a camera trap in Papua New Guinea. He and his team had just captured a long-sought image: that of the black-naped pheasant-pigeon (Otidiphaps nobilis insularis). Believed to be extinct, this rare ground-dwelling bird was photographed as part of […]

todayFebruary 28, 2024 1


U.S. natural gas expansion would surrender world to fatal warming

Specially designed vessels are required to transport LNG, which needs to be cooled to minus 162 °F (minus 260° F) in order to liquify and compress the gas while in transit. At destination terminals, the LNG is returned to its gaseous state and carried via pipeline to distribution companies. Image by via Wikimedia Commons (CC BY 2.1 JP). By Shanna Hanbury via Mongabay As U.S. politicians, the oil industry and environmental […]

todayFebruary 28, 2024 2


Norwegian salmon farms gobble up fish that could feed millions in Africa

A salmon farm in Finnmark, Norway. Image by Ninara via Flickr (CC BY 2.0). By Francesco De Augustinis via Mongabay Norwegian salmon farms are taking huge amounts of wild fish from West Africa, mining the food security of the region, according to a report from the U.K.-based NGO Feedback. The analysis comes as the industry faces a wave of public opposition after revelations of high mortality rates and the sale of fish […]

todayFebruary 28, 2024 4


Detailed Civil society 2024/25 Budget Priorities

CIVIL SOCIETY - Priorities for the 2024/25 Budget Council of Churches in Namibia (CCN) and Evangelical Lutheran Church in the Republic of Namibia (ELCRN) (Social Economic Justice Unit of the Council of Churches in Namibia and the Desk for Social Development of ELCRN) Contribution: Uhuru Dempers Priorities: 1.1 Increased funding for Early Childhood Education (ECE) to ensure access to quality ECE for the excluded 70% plus children in Namibia. There […]

todayFebruary 28, 2024 3

Business / Economics

Know the most common types of bank frauds

By Bank Windhoek’s Forensics Services Manager, Johnny Truter. International law states that any illegal act involving deception to obtain money from a financial institution or a bank's depositors is categorised as bank fraud. Like other fraud offences, bank fraud involves using a trick to obtain money illegally. Nowadays, fraudsters are continuously coming up with different ways to steal people’s hard-earned money. The following looks at the most common trends used […]

todayFebruary 27, 2024 9

Business / Economics

Exploring the future of digital transactional banking

By Nedbank Namibia’s Head of Transactional Banking, Reginald Obaking The ongoing digital transformation has sparked several trends that have influenced the way Nedbank Namibia’s Corporate and Investing Banking (CIB) division revolutionises its solutions for businesses, corporations, and other large entities. CIB recognises the pivotal role of technology in transforming transactional banking services to enhance the overall client experience. ‘The fascinating way transactional banking continues to evolve day by day is […]

todayFebruary 27, 2024 89