Namibia

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Namibia

President Mbumba Reports Growth of Welwitschia Sovereign Wealth Fund Investments

President Nangolo Mbumba announced during his inaugural State of the Nation Address in the National Assembly that the Welwitschia Sovereign Wealth Fund has seen a significant increase in investment returns. Established in 2022, the fund's initial seed capital of N$262 million has grown to N$ 425 million under Mbumba's leadership. Highlighting Namibia's progress in various areas, Mbumba noted significant advancements in fiscal discipline, the exploration of new economic opportunities, and […]

today15 March, 2024

Namibia

Omaheke Region Hosts Ritja Career Fair for Secondary School Learners

Secondary school learners from across the Omaheke Region are currently attending the Ritja Career Fair at the Legare Stadium in Gobabis. During Thursday's sessions, speakers highlighted the significant role of career fairs in guiding learners toward diverse career paths for both personal and national development. Patron of the Ritja Career Fair, Khomas Governor Laura McLeod-Katjirua, emphasized the importance of such gatherings in facilitating interactions between learners and institutions, with a […]

today15 March, 2024

Namibia

Namibian Police Strengthens Capacity with Recruitment of Over 1,100 Cadet Constables

President Nangolo Mbumba, in his State of the Nation Address, announced the recruitment of over 1,100 cadet constables during the 2023/24 financial year, as part of the Namibian Police's efforts to bolster its policing capacity. Additionally, six new police stations were constructed across various regions during the same period, further enhancing law enforcement infrastructure. The newly recruited cadet constables are complemented by the establishment of police stations in Tutaleni (Erongo […]

today15 March, 2024

Interview Transcripts

Shaun Gariseb Provides Update on Elderly Debt Write-Off

Since February 15th, 2024, the debt relief registration for pensioners in Windhoek has been underway, with Shaun Gariseb shedding light on its progress and associated challenges. Speaking on March 10th, 2024, Gariseb expressed both satisfaction with the turnout and concerns regarding the conditions attached to the registration process. "The numbers were huge from the beginning," Gariseb noted, emphasizing the evident need among pensioners for such relief measures. He highlighted the […]

today15 March, 2024

Business / Economics

Mines and Energy Ministry to Launch Online License Applications Portal in April

The Mines and Energy Ministry has unveiled plans to introduce an innovative Online License Applications Portal, slated for launch in April. The ministry has declared its intent to shift entirely to online application submissions once the portal is operational, discontinuing the acceptance of manual applications. Ministry spokesperson, Ten Hasheela, shared insights on the initiative. The Ministry further says this transition marks a significant step towards modernization and aligns with the […]

today15 March, 2024

Namibia

President Mbumba Open to Testifying in Fishrot Trial if Court Requests

President Nangolo Mbumba stated that he would be willing to testify in the Fishrot fraud and corruption trial if summoned by the court. His response came during a parliamentary session when Popular Democratic Movement leader McHenry Venaani inquired whether Mbumba, as a former Swapo secretary general, would be willing to provide testimony in the trial.

today15 March, 2024

Namibia

Successful Debt Relief Registration for Pensioners Since February 15th, Reports Katutura Resident’s Committee Member

Shaun Gariseb, a member of the Katutura Resident's Committee, has noted significant progress in the debt relief registration for pensioners since February 15th. According to Gariseb, the registration process has been highly successful, with large numbers of pensioners participating from the outset. He emphasized that the evident demand underscores the pressing need for this relief provision among pensioners. He shared this additional challenge.  

today15 March, 2024

Namibia

Scandal Hits National Petroleum Corporation

The National Petroleum Corporation is reeling from a scandal involving the alleged theft of N$1 million worth of fuel, with four arrests made, including Immanuel Mulunga's nephew. Denzel Mulunga, Simeon Shilongo, Jason Malima, and Graham Platt (46) face charges ranging from theft to money laundering and conspiracy. Notably, Jason Malima is related to Victor Malima, CEO of Enercon, a military contractor in legal dispute with Namcor over a N$60 million […]

today15 March, 2024