insert_link Business / Economics Business Leadership SA says structural reforms key to solving unemployment crisis Business Leadership South Africa (BLSA) has warned that the country’s unemployment rate of 32.9 percent signals an economy “suffocating” under structural inefficiencies. The business lobby group says urgent reforms are needed to reverse the crisis. The organisation recently launched its Reform Tracker, a tool designed to monitor the government’s progress in implementing priority reforms across the economy, governance, and criminal justice. BLSA chief executive officer Busisiwe Mavuso said persistently high […] today18 August, 2025
insert_link Business / Economics Arrests rock NAMCOR: More charged in N$327 million corruption scandal The Anti‑Corruption Commission (ACC) has confirmed the arrest of nine individuals, among them four former senior executives of the National Petroleum Corporation of Namibia (NAMCOR), the state-owned petroleum entity, in connection with alleged corrupt dealings that drained more than N$327 million from public coffers. ACC spokesperson Josefina Nghituwamata revealed the charges focus on unlawful credit extensions and a failed N$53 million attempt to acquire fuel storage facilities—facilities already owned by […] today14 July, 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 NamDia Assures Public After Security Concerns on Social Media NamDia has responded to MP Job Amupanda’s recent social media allegations about the company’s security and governance. Spokesperson Beverly Coussement said urgent security upgrades were put in place after this year’s armed robbery, including appointing a consultant to tighten controls, adding that NamDia remains committed to transparency, staff support, and appreciates the police’s ongoing investigation. today7 July, 2025
insert_link Business / Economics NAMFISA CEO Raises Alarm Over Low AGM Turnout Financial Institutions Supervisory Authority CEO Kenneth Matomola has urged members of medical aid funds to take Annual General Meetings more seriously, citing consistently low attendance. He emphasized that AGMs are essential governance platforms for influencing how members’ contributions are managed, especially amid rising healthcare costs. Victoria Raimond is the Manager for Corporate Communications and Consumer Education at NAMFISA. today18 June, 2025
insert_link Business / Economics Interview: China’s Path, Africa’s Future: Sheehama Unpacks Key Takeaways from Kunming Forum Business and economics researcher Josef Sheehama has returned from the 14th China-African Think Tank Forum in Kunming, China, with key reflections on how China’s development model—particularly in poverty alleviation and modernization—could offer Africa, and Namibia specifically, a valuable roadmap for future industrialization. The forum, attended by over 150 scholars, policymakers, and experts from across the African continent and China, served as a platform to examine shared challenges and explore developmental […] today27 May, 2025
insert_link World Namibia ranks among top democracies in Sub-Saharan Africa President Netumbo Nandi-Ndaitwah. Photo by Simon Maina/AFP via Getty Images. Namibia is one of the highest-rated countries in Sub-Saharan Africa in terms of democratic performance. That is according to the Democracy Perception Index (DPI) 2025. The report, published by Nira Data in partnership with the Alliance of Democracies, surveyed over 111,000 people across 100 countries. Namibia scored an average of 3.17 out of 5, placing it just behind Senegal, which […] today15 May, 2025
insert_link Namibia Interview: Kamwanya Urges SWAPO to Move Beyond Symbolism Toward Real Policy Action By Leonard Witbeen Political analyst Ndumba Kamwanya has added his voice to the growing call for the ruling SWAPO party to shift its focus from rhetoric to implementation, following recent remarks by SWAPO central committee member Hofni Iipinge. Iipinge had urged the party to prioritize concrete action over vague promises, especially in light of its longstanding track record of policy development without meaningful execution. In an interview, Kamwanya said he […] today12 May, 2025
insert_link Interview Transcripts INTERVIEW: Lüderitz Mayor Balhao Breaks Silence on Crayfish Festival Dispute May 2, 2025 | Lüderitz, Namibia Lüderitz Mayor Phillipus Balhao has spoken out about the ongoing controversy surrounding the Crayfish Festival, calling for understanding and transparency as the town council continues its due diligence before making final decisions regarding the event. In a recent statement, Mayor Balhao emphasized that the Lüderitz Town Council has no ill intentions but is simply fulfilling its responsibility to ensure accountability and good governance. "It's […] today2 May, 2025
