insert_link Business / Economics Namibia ranks fifth in Africa for low financial-crime risk Namibia has strengthened its position in the global fight against money laundering, according to the 2025 Basel Anti-Money Laundering (AML) Index. The country’s score improved from 4.89 in 2024 to 4.78 in 2025, placing it fifth among African nations in terms of low exposure to financial crime risk. The Financial Intelligence Centre (FIC) said the improvement reflects stronger national systems, enhanced enforcement, and closer coordination among regulators, law enforcement, and […] today15 December, 2025
insert_link Namibia Namdia Denies Ignoring Warnings Ahead of Diamond Heist Namdia spokesperson Beverley Coussement has refuted claims that the company overlooked security warnings prior to the January diamond heist and dismissed suggestions of insider involvement, as reported by Willem Snyman for NewsOnOne. The remarks come after allegations that Namdia ignored repeated alerts about a possible robbery. The company has since filed a case against its security provider, G4S. today10 September, 2025
insert_link Namibia Mulunga, Ex-Namcor Execs Nabbed in ACC Crackdown The Anti-Corruption Commission has arrested former Namcor MD Immanuel Mulunga, ex-supply and logistics manager Cornelius ‘Cedric’ Willemse, and former CFO Jennifer Hamukwaya, along with another unnamed person. The arrests, confirmed late yesterday, are linked to a major corruption probe, NewsOnOne’s Willem Snyman. Meanwhile, Public Relations and Communications Specialist Utaara Hoveka gave the update saying NAMCOR has distanced itself from the case, stressing that none of those involved are current employees […] today9 July, 2025
insert_link Business / Economics Bank Windhoek addresses employee theft Bank Windhoek's Managing Director, Baronice Hans says that the amount of money stolen by an employee, Nico Rebebe is less than N$2 million. She assured that customer funds remain unaffected due to robust systems and controls in the bank. Police crime reports earlier revealed that Rebebe transferred N$200 million, splitting it between two different bank accounts opened on 20 December 2023. today15 January, 2024
