insert_link NamibiaCouncils 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 NamibiaPDM’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 / EconomicsBusiness 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 NamibiaGovt 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
