insert_link Namibia Minister orders review of Katima Mulilo land-for-vehicles deal Urban and Rural Development Minister James Sankwasa has directed the Katima Mulilo Town Council to immediately review a controversial land-for-vehicles exchange deal, calling the transaction "illegal" and accusing the council of causing financial harm to the state. During an official visit to Katima Mulilo, Sankwasa questioned the valuation process used in the deal, which involved exchanging land, reportedly worth nearly N$30 million—for two Toyota Fortuner vehicles. "The Katima Town Council […] today12 May, 2025
insert_link Business / Economics Institutional Investors Forum Continues in Swakopmund The 4th Annual Institutional Investors Forum 2025, themed "Empowering Growth: Investment Strategies for Institutional Investors in Namibia," is currently taking place in Swakopmund. The event focuses on Pension Fund Trustees, who play a crucial role in securing the financial well-being of their members.Michael Ndinisa is the Group CEO of MNCapital Group of South Africa. today7 March, 2025
insert_link Business / Economics NIDA Reports N$3 Billion in Assets in First-Ever Annual Report The Industrial Development Agency released its first annual report since its establishment in 2018, revealing asset management worth N$3 billion. NIDA Board Chairperson Sebulon Kankondi shared the figures, while Finance Minister Iipumbu Shiimi urged the agency to adopt a high-performance culture. NIDA CEO Richwell Lukonga : today25 February, 2025
insert_link South Africa ActionSA Slams Johannesburg Metro for Neglecting Vital Assets ActionSA in Johannesburg says while critical service delivery departments in the metro struggle with inadequate office equipment, vital assets at the metro centre in Braamfontein are left to deteriorate, stolen or vandalised. Following the decanting of the metro centre for safety reasons last year, all departments abandoned their office equipment, including furniture, copiers, and IT assets. ActionSA’s, Sarah Wissler, says this is a disgraceful failure of governance and resource management: […] today13 February, 2025
