Namibia

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Namibia

Ongandjera King Demands N$15 Million from Empowerment Entity Amid Heineken Deal

Ongandjera King Johannes Mupiya is considering legal action against a black empowerment entity unless it pays him N$15 million in profits. This amount was agreed upon in a deal linked to Heineken's acquisition of a 50.01% stake in NBL Investments from the Ohlthaver & List (O&L) Group for N$5.4 billion last year. Epia Investment Holdings, a politically connected entity, including late businessman Aron Mushimba, held a 49% stake in NBL […]

today1 March, 2024

Namibia

NWR offers 60% off for Independence Day

Namibia Wildlife Resorts has announced a 60% discount on accommodation at all its establishments throughout the country for March in celebration of Independence Day,  to encourage locals to discover the beauty of their own country. NWR spokesperson Nelson Ashipala has more.

today29 February, 2024

Namibia

Prime Minister’s office partners with WFP on food security

The Executive Director in the Office of the Prime Minister, I-Ben Nashandi, and Dr. George Fedha from the World Food Programme have signed a Memorandum of Understanding aimed at strengthening the capacity for Vulnerability Assessment Analysis and systems for early warning systems. Here is I-Ben Nashandi.

today29 February, 2024

Business / Economics

Economists break down revised tax reforms and national budget

With Finance and Public Enterprises Minister Ipumbu Shiimi having announced in yesterday’s National budget that the government has revised tax reforms that will put N$646 million back in the pockets of taxpayers by exempting all individual taxpayers from paying tax on the first N$100,000 of their income, starting 1 March 2024, we asked Cirrus Capital Economist Robert McGregor for a breakdown of the numbers. Namibia's largest-ever annual budget on Wednesday […]

today29 February, 2024

Namibia

Oshakati Town Council avails N.dollars 90 000 for Mayoral Cup

    The Oshakati Town Council has invested an amount of N.dollars 92 000 in the hosting of the fourth edition of the Mayoral Cup. Oshakati Mayor Leonard Hango in an interview with Nampa on Thursday said this represents an increase of more than N.dollars 10 000 from last year’s amount. The tournament is slated for the 09 to 12 May 2024 at the Independence Stadium in Oshakati. “Preparations are […]

today29 February, 2024

Namibia

Second division football galore awaits Omaheke, Khomas and Zambezi

    The Namibia Football Association’s second divisions in the Omaheke, Khomas, and Zambezi regions resume this weekend in Gobabis, Katima Mulilo, and Windhoek, with 30 matches scheduled for Friday through Sunday. The Omaheke Second Division League will continue with rounds three and four on Saturday and Sunday at the Legare and Billo Nawaseb sports complexes, with a total of 12 matches scheduled over two days. On Saturday, Golden Boys […]

today29 February, 2024

Namibia

Budget Boost: Ministry of Gender, Poverty Eradication, and Social Welfare Sees 23.2% Increase to N$8 Billion

In the latest financial update, Finance and Public Enterprises Minister Iipumbu Shiimi revealed a significant 23.2% increase in the budget for the Ministry of Gender, Poverty Eradication, and Social Welfare, reaching N$8 billion. Shiimi explained that this allocation includes N$824.7 million to maintain the real value of social safety nets in the face of high inflation and a considerable dependency ratio. Furthermore, the government has allotted funds for increased food […]

today29 February, 2024