insert_link Business / Economics Trustco Group Aims to Become First Namibian Company Listed on Nasdaq Trustco Group Holdings Limited has officially applied to list its ordinary shares on the Nasdaq Stock Market. The application, submitted on 11 November, is part of the company’s plans to directly list its shares on Nasdaq, alongside its existing listings on the Namibian Stock Exchange and the Johannesburg Stock Exchange. If successful, Trustco will make history as the first Namibian company to be listed on Nasdaq. Trustco's Neville Basson: […] todayNovember 13, 2024 30
insert_link Namibia Civil Aviation Authority Restricts Airspace for Elections The Civil Aviation Authority has announced restricted airspace within the Windhoek Flight Information Region to ensure safety during the upcoming Presidential and National Assembly elections. Effective from today and from November 26th to 28th, all gliding and drone operations, including remotely piloted aircraft systems, will be restricted for private, commercial, and recreational use. The NCAA urges all aviation operators to observe these restrictions to support security measures during this […] todayNovember 13, 2024 17
insert_link Namibia Media Professionals’ Union Applauds Transparency And Criticizes Political Interference in Press Freedom The Media Professionals’ Union has praised the Information and Communication Technology ministry for confirming the dismissal of New Era’s managing editor, Johnathan Beukes, highlighting it as a rare act of transparency. However, the union emphasized the deeper concern that Beukes' firing was linked to his commitment to true journalism, pointing to ongoing political interference that threatens press freedom in the country. Acting Secretary General, Jemima Beukes todayNovember 13, 2024 18
insert_link Namibia Phil Balhao Re-elected as Lüderitz Mayor With Swapo’s Josephine Heita Named Deputy Independent Patriots for Change's Phil Balhao has been re-elected as Lüderitz mayor, with Josephine Heita from Swapo appointed as deputy mayor. The new leadership commits to working together for the community’s progress in the coastal town. Balhao expressed gratitude when speaking with Future Media News. todayNovember 12, 2024 39
insert_link Namibia Police Seize Illegal Drugs And Arrest 191 Suspects in October The Namibian Police Force has successfully seized various illegal drugs and arrested 191 individuals during their ongoing efforts to combat drug-related crimes in October 2024. The confiscated drugs include over 265 kilograms of cannabis, 1,419 Mandrax tablets, 186 units of crack cocaine, 10.37 grams of cocaine powder, and 7 capsules of MOMA. The arrested suspects, which include Namibian nationals as well as individuals from Angola, Burundi, Congo, Cuba, Zambia, Zimbabwe, […] todayNovember 12, 2024 15
insert_link Namibia Standard Bank Namibia Responds to Hacked Accounts and Unauthorised Transactions Standard Bank Namibia has confirmed that a number of its clients’ accounts were hacked, resulting in unauthorized debit card transactions from a specific vendor. The bank issued a statement acknowledging the breach and stated that it had detected the fraudulent activity on a limited number of accounts. The allegations began circulating on social media on Sunday evening. In response, the bank has engaged with affected customers and taken immediate corrective […] todayNovember 12, 2024 55
insert_link Namibia Earthquakes Hit Okahandja and Opuwo The Mines and Energy ministry reports that two earthquakes that occurred over the weekend in Namibia. The first tremor was near Gross Barmen in the Okahandja district, while the second struck 10 kilometers southwest of Opuwo in Kunene. Both events were recorded by local and South African seismic centres. Anna Salkeus from the mines ministry: todayNovember 12, 2024 39
insert_link Namibia In Arandis, Emergency Response and Traffic Management Centre groundbreaking scheduled for today The official groundbreaking for the construction of the Arandis Emergency Response and Traffic Management Centre is set to take place today. Irene Jacobs of the Arandis Town Council shared details on the project's significance for B2 road users. todayNovember 12, 2024 45
insert_link Interview Transcripts INTERVIEW: Herbert Jauch Critiques Conditional Basic Income Grant Rollout November 12, 2024 By Leonard Witbeen Namibian social activist Herbert Jauch has expressed strong concerns over the recently implemented Conditional Basic Income Grant (CBIG), questioning its effectiveness in addressing widespread poverty. Speaking about the program, which the government has extended to cover more regions, Jauch highlighted the shortcomings of this targeted cash grant. The CBIG, now replacing the former food bank initiative, provides approximately N$600 per household. However, Jauch […] todayNovember 12, 2024 23