Businesses must declare owners, says BIPA

Businesses must declare owners, says BIPA

Following the introduction of the beneficial ownership requirement, which became law in 2023, all registered businesses are now required to declare their beneficial owners. We spoke to Ockert Jansen, the Business and Intellectual Property Authority's Executive of Marketing, Corporate Communications, and Client Management Services, to find out if local businesses have complied and the possible repercussions.

June 27, 2024 41

Opinion Pieces

Ethics and the Workplace

Organisations are guided by their purpose, corporate values, vision and mission and various sets of guiding principles on how to attain their strategic objectives and how they relate to their stakeholders. In numerous instances organisations place emphasis on values such as teamwork, service excellence, integrity and care which guide the way employees, and Boards and duly authorised agents, conduct themselves and the business in all their […]

June 7, 2024 11

Business / Economics

Sustainable investments: aligning wealth with ESG values

By Bank Windhoek’s Chief Treasurer, Claire Hobbs The Harvard Business School defines Sustainable Investment as investment strategies that consider the environmental, social, and corporate governance (ESG) factors alongside financial considerations, in so doing creating a holistic impact; hence, the concept is also being referred to as socially responsible investment back in the day or today as impact investment. This concept evolved from the recognition that […]

May 14, 2024 15

Local

Navigating risk in Sub-Saharan Africa: challenges and opportunities

By Horst Simon, Business Risk Officer, Capricorn Group Sub-Saharan Africa, home to diverse cultures, abundant resources, and dynamic economies, is a region of immense potential. However, amidst its promise lies a landscape fraught with risks that demand attention and initiative-taking strategies. From political instability and security threats to environmental vulnerabilities and health crises, Sub-Saharan Africa grapples with multifaceted challenges that require concerted efforts from governments, businesses, and […]

April 15, 2024 9

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 […]

February 21, 2024 17

World

Why Elon Musk’s ‘self-driving’ of Tesla’s board and its decision to pay him $56B collided with the law – and what happens next

By Justin P. Klein, University of Delaware Delaware Chancery Court Judge Kathaleen St. Jude McCormick has blocked Elon Musk’s US$55.8 billion pay package, which Tesla’s board of directors approved in 2018 through a process she found to be “deeply flawed.” No CEO of a publicly traded U.S. company has ever been paid this much for one year’s work, according to Equilar, which tracks corporate leadership data. Pay […]

February 6, 2024 5

Local

Bank of Namibia announces new board members.

The Bank of Namibia is pleased to announce the appointment of Dr Meshack Tjirongo, Adv. Eliaser Nekwaya and Mr. Peter Kruger as non-executive members of the Bank’s Board of Directors and the re-appointment of Mr. Ehrenfried Meroro as a non-executive board member. These appointments, in line with Section 9 of the Bank of Namibia Act (2020), will take effect from 1 February 2024. Mr. Peter Kruger is currently […]

January 30, 2024 35

Namibia

Ongwediva mayor retains position

Taarah Shalyefu has been re-elected as Ongwediva mayor and will lead the council for the next 12 months. His fellow Swapo councillor, Ulalia Katonyala, retained her position as deputy mayor of the town, while Naemi Amuthenu (Swapo), Jona Helao (IPC) and Fabiam George (Swapo) remain members of the management committee. Meanwhile, Mathews Tiyaho and Ottillie Haitota, both from IPC, are ordinary members of the seven-member Ongwediva Town Council office bearers. […]

November 21, 2023 12

Local

Kandjimi drives home in a brand-new Volkswagen Polo Vivo

Letshego Bank Namibia, in partnership with MasterCard, proudly announces Mr Karel Kaliki Kandjimi, a dedicated teacher from Tondoro Junior Pre-Primary School in Rundu, as the overall winner of the "Transact and Win campaign" car draw. The event, held in Windhoek on 13 November 2023, witnessed three finalists eagerly drawing individual keys. Kandjimi, as the second finalist, secured the key that unlocked a brand-new Volkswagen Polo Vivo valued at N$ 250,000. […]

November 15, 2023 13