The Use of the Integrated Mobile Voter Registration System (IMVRS) for the Conduct of the 2024’s General Registration of Voters (GRV)

The Commission wishes to share ongoing information related to the Integrated Mobile Voter Registration System (IMVRS), following the commencement of the general voter registration process, and some interest shown by the public in the system: 1. During 2010 – 2013, ECN migrated from the manual paper-based voter registration system to a Custom-Made digital biometrics voters registration system, referred to as Mobile Voters Register System (MVRS). This system […]

June 6, 2024 14

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Business / Economics

Trustco’s Meya Mining Investment confirms $763 million diamond resource

Trustco Group Holdings Limited (TTO.SJ) has announced that Meya Mining, in which Trustco’s mining portfolio holds a 19.5% interest, and is located within the eastern province of Sierra Leone, has released promising findings from a diamond resource estimate for the Meya River Kimberlite Dyke. The report confirms the total kimberlite ore down to a depth of 800m below surface is 6.05 million tonnes. The assessed in-situ grade is […]

June 5, 2024 76 2

Local

Namibia’s new visa regime: a step backward for tourism and economic growth

The SADC Business Council Tourism Alliance has expressed deep concern over Namibia's proposed restrictive visa regime, which could severely hamper the country's tourism industry and economic growth. This policy shift appears to contradict Namibia Airports Company’s recently launched air access strategy, “Air Connect Namibia”, aimed at increasing international flights and connectivity. The implementation of stricter visa requirements could have a detrimental impact on various sectors of […]

June 4, 2024 10

Local

Bank Windhoek appoints Shivute as Sales and Bancassurance Executive

On Friday, 31 May 2024, Bank Windhoek’s Managing Director, Baronice Hans, announced the appointment of Saara Shivute as the Bank’s Executive Officer of Sales and Bancassurance, effective 1 June 2024. Hans said that since joining Bank Windhoek in 2018 as Head of Specialist Finance, Shivute has been instrumental in driving the Bank’s success as part of its Growth Strategic Pillar. As the Sales and Bancassurance Executive Officer, […]

June 4, 2024 9

Local

Long-serving Ultimate Safaris staff reap the rewards.

Ten Ultimate Safaris Tribe Trust trustees were earlier this month paid their share of the almost N$ 140 000 Trust dividends, each of them walking away with almost the equivalent of a full month’s salary. Dividend declarations are guided by Ultimate Safaris conservative dividend policy, which dictates that 30% of profits are declared as dividend and the remaining 70% reinvested into the company and building resilience for […]

June 3, 2024 9

Local

Capricorn Foundation bolsters access to Early Childhood Development (ECD) educational materials

The Capricorn Foundation reinforced its commitment to invest in early childhood education when, on Friday, 31 May 2024, it announced the extension of its partnership with the African Child Development Trust (ACDT). The Capricorn Foundation announced an investment of another N$575 000 into printing pre-primary and grades 1 to 3 workbooks. Since 2020, the Capricorn Foundation has enabled the African Child Development Trust to enhance Early Childhood […]

June 3, 2024 11

Local

TRUSTCO shares surge 49% following positive trading update

Trustco continues to demonstrate its ability to generate above-average investment returns. During the interim review period, Trustco's Net Asset Value (NAV) increased by 9.5% from NAD 1.15 billion (USD 62 million) to NAD 1.26 billion (USD 68 million) during the last six months. The NAV per share similarly grew to 128.2 cents, from 117.1 cents. The Group's profit for the 6 months ended 29 February 2024 […]

May 31, 2024 9

Local

Bank of Namibia hosts public lecture on financial inclusion in rural areas

The Governor of the Bank of Namibia, Mr. Johannes !Gawaxab, delivered a public lecture at the Namibia University of Science and Technology (NUST) in Eenhana, Ohangwena region. The lecture, under the theme "Unlocking Opportunities for Rural and Informal Sector Development through Financial Inclusion," highlighted the critical role of financial inclusion in transforming Namibia's rural economy. In his address, the Governor drew lessons from the Bank's 2023 Annual […]

May 31, 2024 15

Local

Celebrating 50 Years of the German Language Diploma

On March 16, 1972, the Standing Conference of the Ministers of Education and Cultural Affairs in Germany decided to create a "German Language Diploma," which has been offered since 1974. In 2024, the German Language Diploma of the Standing Conference of the Ministers of Education and Cultural Affairs (DSD) will turn 50 years old. The DSD is a language examination for German as a foreign language, which […]

May 30, 2024 24