insert_link 2 1 Namibia Court orders seizure of 10 bank accounts with N$52.5 million By: Hertha Ekandjo Namibian authorities have seized 10 bank accounts holding N$52,5 million earned from illegal coal mining in South Africa. Court papers seen by NewsonOne reveal that the Prosecutor-General's Office acquired a preservation of property order against Jacobus Hosea Jordaan and his wife, Elza Jordaan. The order also covers Farm Welgevonde and the Namka Trust. Eight of the 10 accounts with the First National Bank of Namibia belong to […] todayJanuary 23, 2025 61 1 2
insert_link 2 Business / Economics Financial Intelligence Center updates progress to avoid greylisting Namibia has partially addressed nine of the thirteen recommended actions to avoid greylisting, as the Financial Intelligence Center reported during a recent plenary meeting. The country will enter a compulsory reporting phase from November 2024 to May 2026. Financial Intelligence Centre director, Bryan Eiseb. todayOctober 29, 2024 42 2
insert_link Namibia NAMDIA Foundation Selects Candidates for 2024 Bursary Scheme The NAMDIA Foundation announced the successful selection of candidates for the 2024 academic intake of its Bursary Scheme. Bryan Eiseb, Namdia's board chairperson, underscores the importance of recognizing past sacrifices for the current generation's opportunities. The foundation's commitment to education is evident in its support for the selected candidates. For the full story listen to the Business Report tonight on Nova 103. todayFebruary 13, 2024 29
insert_link Business / Economics Ministry of Mines and Energy concerned over sale of licenses The Ministry of Mines and Energy on Monday cautioned individuals and entities that are selling licences and certificates issued by the ministry, indicating that they are doing so in contravention of the law as they are non-transferable. “The ministry has observed with deep concern the proliferation of advertisements on social media platforms wherein individuals or entities are offering to sell wholesale fuel licences and retail fuel licences and are marketing […] todayNovember 21, 2023 25