Daily Archives: September 11, 2020

FirstRand Namibia records decrease in profit before tax for year ended 30 June

FirstRand Namibia recorded a 23.3 per cent decrease in profit before tax from N.dollars 1.58 billion recorded in 2019 to N.dollars 1.22 billion in 2020, its financial results for the year ended 30 June indicate. A statement availed to Nampa

COVID-19: Khorixas council loses 50 per cent income due to non-payment

The Khorixas Town Council is losing about 50 per cent of its monthly income after the COVID-19 outbreak was reported, Chief Executive Officer of the council, Andreas |Howoseb said. In an interview with Nampa on Thursday, |Howoseb said that after

Information on Chinese military presence in Namibia confidential: Vilho

Defence Minister Peter Vilho, has refused to divulge information on the alleged presence of Chinese military personnel in the country for unknown reasons. This comes after Landless People’s Movement Member of Parliament (MP) Henny Seibeb wanted the minister to confirm

Venaani accuses Prime Minister of interfering in ACC’s operations

Leader of the official opposition, McHenry Venaani, has accused Prime Minister (PM) Saara Kuugongelwa-Amadhila of trying to capture and interfere with the operations of the Anti-Corruption Commission (ACC). Popular Democratic Movement’s Venaani made the remarks on Thursday in Parliament saying

COVID:19 – Agribank soon to roll out stimulus production loans

Agribank has secured funding for stimulus production loans as part of its COVID-19 relief and stimulus package after the Ministry of Finance provided a guarantee for the bank to borrow N.dollars 200 million for the loans. The bank initially announced

Cabinet approves use of mechanical equipment for COVID-19 burials

The Minister of Information and Communication Technology, Peya Mushelenga on Thursday announced that cabinet has approved a policy on the use of mechanical equipment in order to comply with the principles of dignified COVID-19 burials. Speaking at the COVD-19 Communication

McHenry Venaani accuses Prime Minister of interfering in Anti-Corruption Commission’s operations

Leader of the official opposition, McHenry Venaani, has accused Prime Minister (PM) Saara Kuugongelwa-Amadhila of trying to capture and interfere with the operations of the Anti-Corruption Commission (ACC). Popular Democratic Movement’s Venaani made the remarks yesterday in Parliament saying that

Oshikuyu villagers in land dispute

A group of villagers at Oshikuyu village No.2 in the Omusati Region’s Etayi Constituency is up in arms, accusing the village leadership of ignoring their grazing needs in favour of people who have more money. The group’s spokespersons, Immanuel Sakaria