insert_link Business / Economics Namdia Heist: More questions, lots of confusion Namib Desert Diamonds (Namdia) Head Office, Cnr of Dr Kwame Nkrumah. Avenue & Dr Sam Nujoma Drive. Klein Windhoek. By Wonder Guchu "Apart from the media causing so much confusion, the whole Namib Desert Diamonds (Namdia) heist is as baffling as it is unbelievable that three people could contemplate pulling off such a multi-million-dollar robbery in broad daylight. And just why would a well-known squash player be so daring to […] today22 January, 2025
insert_link Namibia Windhoek appoints new Mayor and Deputy Mayor Windhoek, Namibia – Independent Patriots for Change (IPC) councillor Ndeshihafela Larandja has been elected as the new mayor of the City of Windhoek, with Clemencia Hanases from the Popular Democratic Movement (PDM) unanimously nominated as Deputy Mayor. This appointment marks the end of a leadership vacuum in the city, which has been without a mayor since December last year. In her acceptance speech, Mayor Larandja outlined two focus areas […] today22 January, 2025
insert_link Business / Economics FNB Namibia house price index reports 7% growth in Q3 2024 The FNB Namibia House Price Index for the third quarter of 2024 has revealed a growth of 7%, with notable increases observed in the central, coastal, and northern regions. However, the southern regions continued to experience sluggish growth. According to Market Research Manager at FNB Namibia, Mandisa Van Wyk, the growth in house prices was also supported by improved transaction volumes, although they remain in contraction. […] today22 January, 2025
insert_link Business / Economics Prosus Group eyes artificial intelligence to revolutionise e-commerce World Economic Forum in Davos, Switzerland 2025 As world leaders and business entrepreneurs meet in Davos, Switzerland for the 2025 Annual Meeting of the World Economic Forum, global decision-makers are gathered under the theme “Collaboration for the Intelligent Age.” From 20-24 January 2025, the event will bring together nearly 3,000 participants from over 130 countries, including more than 1,600 business leaders, 900 top CEOs, and over 350 governmental […] today22 January, 2025
insert_link Namibia Hit 4 Hope Golf Day to return in March 2025 Future Media and Sanlam have announced the return of the Hit 4 Hope Charity Golf Day, scheduled for Friday, 28 March 2025. Building on the success of previous events that raised N$467,449 since 2022, the initiative supports educational programmes. Recognising the ongoing challenges in accessing quality education, the annual event provides a platform for local businesses to make a meaningful impact. Proceeds will support two organisations: the Side-by-Side Early […] today21 January, 2025
insert_link Business / Economics Presidential advisor calls for better industry security in the wake of Namdia robbery Namib Desert Diamonds head office, Windhoek Presidential Economic Advisor James Mnyupe says that he does not believe the robbery at Namib Desert Diamonds will have a significant impact on the economy. He said the incident shows the value of Namibia's commodities, such as diamonds, which are highly sought after globally. Mnyupe called for improvements in security concerns within the industry. today21 January, 2025
insert_link Namibia Delimitation report recommends 10 new constituencies President Nangolo Mbumba officially received the final report from the Delimitation and Demarcation Commission. The Delimitation and Demarcation Commission, chaired by Petrus Unengu, has recommended seven regional adjustments, ten new constituencies, 61 boundary changes, and the renaming of two constituencies. Unengu presented the report to President Nangolo Mbumba at State House on Tuesday, who confirmed it would be reviewed by Cabinet before public release. President Nangolo Mbumba […] today21 January, 2025
insert_link Uncategorized Namibia and South Africa seize funds linked to illegal mining activities Extracted coal The Financial Intelligence Centre and the Prosecutor-General's Office, in partnership with South Africa’s National Prosecuting Authority’s Asset Forfeiture Unit and SA’s Financial Intelligence Centre, have seized around N$52.5 million from eight Namibian bank accounts. The funds, linked to Jacobus Hosea Jordaan and his wife Elza Jordaan, are allegedly tied to illegal coal mining in Mpumalanga’s Carolina area. The case, which was first reported by News24 highlights strong cross-border […] today21 January, 2025
insert_link Namibia Kadhila Aamoomo requests recusal of presiding judge in Red Line case The "Red Line" in 1966 By: Ellen Shihepo Lawyers representing Affirmative Repositioning (AR) leader Job Amupanda have announced plans to request the recusal of presiding judge, Justice Uitele Shafimana, from the Red Line case. Justice Uitele directed Kadhila Aamoomo to secure legal representation and return to court at 14:30 today to provide testimony regarding the recusal request. The Red Line case, initiated by Amupanda, challenges the constitutionality of the […] today21 January, 2025