insert_link Business / Economics 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. today27 June, 2024
insert_link 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 […] today7 June, 2024
insert_link 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 […] today14 May, 2024
insert_link 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 […] today15 April, 2024
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 […] today21 February, 2024
insert_link 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 […] today6 February, 2024
insert_link 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 […] today30 January, 2024