Uncategorized Massive job losses as security companies implement minimum wage By: Eric Mhunduru Some security companies have started implementing the gazetted minimum wage amid looming retrenchments to avoid incurring losses. One security company told NewsOnOne that they expect almost 400 personnel to lose their jobs if clients do not renew or review tenders upwards. The companies also bemoan the existence of fly-by-night security companies offering cheaper services below the gazetted minimum wages. Namibia Protection Service’s chief executive officer Fanie Horn […] today16 January, 2025
Uncategorized MPs face disciplinary action for absconding parliament By Eric Mhunduru Parliamentary chief whips have agreed with the Speaker of Parliament to discipline members of parliament for boycotting Monday and Tuesday's sitting. The absenteeism forced finance minister of finance Ipumbu Shiimi to cancel the mid-term budget review presentation. LPM chief whip Utaara Mootu said this was cheap politics and embarrassing to the electorate. "So, the lack of quorum has really led to concerns, not only just from the members of […] today30 October, 2024
insert_link Namibia NDTC Marks Remarkable Performance with Over 2.3 Million Carats Handled in 2023 During a media briefing on the company's 2023 financial year achievements, NDTC CEO Brent Eiseb disclosed that despite a substantial rise in carat intake from Namdeb holdings, exceeding 2.3 million carats, NDTC has managed to upscale its staff by 13% to meet the demand, particularly in diamond sorting and valuation. This success comes amid the commissioning of the Benguela Gem diamond recovery vessels in 2022, driving the surge in carat […] today24 April, 2024
insert_link Namibia Diamond industry growing, despite new industry players https://youtu.be/F8LsNudVJcY By Josia Shigwedha, via News on One With emerging industries in the energy sector such as oil and gas, the diamond industry’s position as a key contributor towards the growth of the sector and economy could be at stake. But this may not be the case as the Namibia Diamond Trading Company (NDTC) Chief Executive Officer, Brent Eiseb, stated that the intake of the precious gemstones for […] today24 April, 2024
