insert_link Namibia Councils owe NamPower N$912 million Electricity Control Board CEO Robert Kahimise (Photo: ECB) Local authorities, state-owned enterprises, and electricity distributors owe NamPower a combined N$912 million, according to the Electricity Control Board (ECB), with more than half of the amount linked to breached repayment agreements. ECB Chief Executive Officer Robert Kahimise said N$557 million relates to agreements that have not been honoured. Mariental Municipality is the largest debtor, owing N$233 million, followed by Gobabis, Karasburg, […] today15 December, 2025
insert_link Namibia PDM’s Venaani warns Public Enterprises bill could undermine governance and investor confidence Popular Democratic Movement (PDM) leader McHenry Venaani has raised concerns over the proposed Public Enterprises Governance Amendment Bill, warning it could erode good governance and deter investors. The bill would grant the Prime Minister broad powers over state-owned enterprises, including authority over appointments and budget allocations. Venaani cautioned that such powers risk politicizing public institutions and weakening their independence. He urged Parliament to either reject the legislation or amend […] today14 October, 2025
insert_link Business / Economics Business Leadership SA says only way forward is to reduce state expenditure BLSA CEO Busisiwe Mavuso at a press conference As South Africa awaits Finance Minister Enoch Godongwana’s re-tabling of the national budget on 21 May 2025, Business Leadership South Africa (BLSA) has urged the government to make bold economic decisions that stimulate growth and enable sustainable public spending. According to eNCA, BLSA CEO Busisiwe Mavuso said the government must show “political courage” by making difficult and potentially unpopular spending cuts, particularly […] today6 May, 2025
insert_link Namibia Govt Mulls Probe Into NBC’s Executive Bonuses and Spending The Ministry of Information and Communication Technology is considering launching an investigation into the Namibian Broadcasting Corporation following concerns over N$5.4 million in executive bonuses and a N$1.9-million vehicle for its director general, Stanley Similo. A parliamentary report, tabled on 15 February, highlights excessive spending and calls for a forensic audit into NBC’s financial affairs. today4 March, 2025
insert_link South Africa Ramaphosa to Deliver SONA at Cape Town City Hall Today S.A's National Assembly speaker Thoko Didiza has confirmed that president Cyril Ramaphosa will deliver the state of the nation address at Cape Town City Hall today. A two-day debate will follow Tuesday next week, before Ramaphosa’s response. Didiza emphasises the importance of SONA in shaping national discourse and its role in uniting the three arms of the state: Meanwhile, the DA urges Ramaphosa to prioritise fiscal discipline and debt management […] today6 February, 2025
insert_link South Africa DA Calls for Scrapping of National State Enterprises Bill In S.A, the DA says minister in the Presidency, Responsible for Planning, Monitoring, and Evaluation, Maropene Ramokgopa, must scrap the National State Enterprises Bill. The bill released for public comment last Friday, has drawn sharp criticism from different sectors, arguing that the legislation could facilitate the sale of state-owned enterprises, and fails to improve the current state of affairs. The DA’s, Darren Bergman, says they unequivocally reject the creation […] today20 January, 2025
insert_link Opinion Pieces World Bank Economic Initiatives Propel Namibia to Prosperity Josef Kefas Sheehama The implementation of key long-term strategies, such as the National Development Plans (NDPs) and Harambee Prosperity Plans (HPPs), to advance Vision 2030 as a vehicle to industrialise the nation, as well as the country's growing poverty, insecurity, and fragility developmental goals and the increasing risks associated with climate change, have made it imperative to accelerate Namibia's development. Namibia's New Country Partnership Framework (CPF) which is part of […] today20 January, 2025
World China Vows to Deepen Graft Fight in Areas Like Finance And Energy China's top anti-graft agency has vowed to double down on its efforts to battle corruption as it mapped out its focus in areas such as finance, state-owned enterprises, and energy and renewed its pledge to go after bribe payers in the new year. It's a signal that President Xi Jinping's campaign against dirty officials will roll on for the foreseeable future. Laura Westbrook is our reporter: today9 January, 2025
insert_link Local Letshego Namibia appoints Tatenda Malunga as digital transformation and business support manager Letshego Holdings Namibia is pleased to announce the appointment of Tatenda Malunga as its new Digital Transformation and Business Support Manager. With over ten years of experience in IT consulting across sectors like government, energy, finance, state-owned enterprises, and tourism, Malunga brings extensive expertise in digital transformation strategies, IT consultancy, and business analysis. In her spare time, Malunga enjoys playing club volleyball and running her own jewelry […] today12 July, 2024
