insert_link Business / Economics South Africa nears compliance with the Financial Action Task Force’s financial crime requirements South Africa is close to meeting the Financial Action Task Force's requirements to combat financial crimes like money laundering and terrorism financing. In his first medium-term budget policy statement for the seventh administration, Finance minister Enoch Godongwana said only six items remain to be addressed by February next year, with 16 of the 22 requirements already fully or mostly completed: todayOctober 31, 2024 12
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 29 2
insert_link Namibia Electoral Court upholds ECN decision against NEFF The Electoral Court has ruled in favor of the Electoral Commission of Namibia, dismissing a case by the Namibia Economic Freedom Fighter without costs. The ECN cancelled NEFF’s registration due to the party's failure to submit audited annual financial results as required by the Electoral Act. Reacting to the development, Political analyst, Dr. Ndumba Kamwanya said that the dismissal reaffirms the legal framework governing political parties in the country. Dr. […] todayAugust 8, 2024 21
insert_link Africa Kenya’s greylisting for weak action on money laundering and terrorism financing: what that means and what must happen next By Louis de Koker, La Trobe University Kenya and Namibia are the latest African countries to be placed on the Financial Action Task Force’s grey list over their weak measures against money laundering and terrorism financing. Being on the grey list is typically seen as an indictment of a country’s ability to identify and effectively redress financial crimes. It warns investors to be cautious in dealings with […] todayMarch 26, 2024 5
Local City of Windhoek provides clarity and context in response to the New Era Newspaper Article titled “City is broke: Kandjeke”. The City of Windhoek (City) has noted with concern the article published in the New Era newspaper on 19th February 2024. While appreciating the media's role in keeping the public informed, we find the headline and context provided sensational and unfortunate since such selective journalistic exploits have the potential to cause unprovoked panic among the entire chain of our stakeholders and residents alike. It is crucial for journalists […] todayFebruary 21, 2024 17
insert_link Namibia Labour Commissioner raises concern about trade unions’ annual returns The Office of the Labour Commissioner has raised concern about limited annual returns by registered trade unions, saying out of 47 registered unions, only 12 have submitted their annual returns. Similarly, only three out of 17 employers’ organisations have submitted their returns, the Office of the Labour Commissioner said in a statement on Thursday. It said some of the trade unions and employers’ organisations that submitted returns provided […] todayDecember 22, 2023 6
insert_link Environment Namibia records decrease in Rhino poaching Namibia has recorded a decrease in Rhino poaching however, the Minister of Environment, Forestry, and Tourism, Pohamba Shifeta, on Monday, in his end-of-year statement, said that poaching remains an issue, despite the recorded decrease over the year 2023. According to Shifeta, 48 rhinos were poached in 2023 compared to 92 in the previous year, while eight elephants were poached in 2023, compared to four in 2022. Meanwhile, the Namibia Press […] todayDecember 19, 2023 11
insert_link Uncategorized Namibian records decrease in rhino poaching: Shifeta The Minister of Environment, Forestry and Tourism, Pohamba Shifeta, on Monday said in his end-of-year statement that poaching remains an issue in Namibia, despite the recorded decrease over the year 2023. According to Shifeta, 48 rhinos were poached in 2023 compaered to 92 in the previous year, while eight elephants were poached in 2023, compared to four in 2022. Wildlife conservation continues to face the challenges of poaching, habitat […] todayDecember 19, 2023 10
insert_link Africa Breaking: African Leadership Magazine Unveils Nominees for the African Persons of the Year (POTY) 2023 Following the call for nominations which ended recently and attracted submissions from Africans across the continent and in Diaspora, the African Leadership Magazine (ALM) is pleased to unveil a shortlist of nominees for the 12th African Leadership Magazine Persons of the Year 2023. Subsequently, public voting is now open and the general public is therefore invited to visit the ALM website (www.africanleadershipmagazine.co.uk) to vote for their choice nominees on the […] todayNovember 28, 2023 21