Once enacted, an anticipated new business sector law will seek to foster transparency and a culture of sound corporate governance while further allowing for the use and application of new technologies to ease transactions and enhance the ease of foreign direct investment for economic growth. This was revealed last weekContinue Reading
President Hage Geingob has charged all Ministers to ensure that they implement to the letter, projects under their portfolios, which are contained in the NDP5 and HPPII without delay. Opening the first Cabinet seating of year last week, Geingob made this call to Ministers while also admitting that much workContinue Reading
The Deputy Director for Compliance of the Financial Intelligence Centre, Kristian Hamutenya says Namibia is making steady progress in addressing findings related to its Anti-Money Laundering and Combatting the Financing of Terrorism and Proliferation Framework (AML/CFT/CPF) in order to maintain integrity of the financial system. Namibia underwent a second peerContinue Reading
During the 2021/2022 financial year, the fishing sector has employed 18 105 people who are either employed on fishing vessels or on land-based factories, of which women make up the largest component with 64% of employment in land-based factories, Derek Klazen, Minister of Fisheries and Marine Resources has said. SpeakingContinue Reading
The African Energy Chamber supports this year’s edition of the Namibia International Energy Conference orgarnised by RichAfrica Consultancy, as the event provides a gateway for Namibia to maximize foreign direct investments and partnerships with global partners to accelerate energy developments and exploitation. The African Energy Chamber (AEC) – the voiceContinue Reading
The Institute of Chartered Accountants of Namibia (ICAN), the premier accounting institute in Namibia, and the Chartered Institute of Management Accountants (CIMA), the world’s largest professional body of management accountants, have entered into a five-year dual-designation agreement to enable their members to use both the Chartered Accountant, Namibia CA(NAM) andContinue Reading
By Marlize Horn Effective teams are the foundation of successful organisations. These teams produce quality work, are highly productive and are committed to the success of the organisation. If our teams are dysfunctional, so is our organisation. It is in the organisation’s best interest that its leaders are committed toContinue Reading
The National Housing Enterprise (NHE) today handed-over 60 houses under a pilot project and smart partnership between them, the Ministry, Khomas Regional Council and the City of Windhoek. Launched around August 2020, the informal settlement upgrading programme has delivered over 570 houses constructed by both the NHE and City ofContinue Reading
By Tjivingurura Mbuende The global economy is facing a new set of challenges in 2023, as inflation, geopolitical tensions, and the ongoing signs of the COVID pandemic continue to affect countries worldwide. Namibia is no exception, and the domestic economy is expected to experience steady but slow growth in theContinue Reading
Nearly 229 000 Namibian household borrowers owed micro-lenders – also known as lcash loans – a staggering N$7.1 billion with new borrowers increasing on an annual basis by 5.5% to at least 156 000 borrowers at the end of the third quarter of 2022, a report released by the Namibia Financial InstitutionsContinue Reading
