Category Archives: Industry

Upper middle income classification continues to disadvantage Namibia

During a telephonic conversation with the Canadian Prime minister Justin Trudeau on Tuesday, Namibian President Hage Geingob has raised pressing issues of “Upper Middle-Income Countries” as Namibia find themselves in …

Former client director at Investec Management Namibia and one of the 10 people arrested has been denied bail

Ricardo Gustavo, the former client director at Investec Management Namibia and one of the 10 people arrested in connection with the Fishrot corruption scandal, has been denied bail.

The 43-year-old …

Okakarara trade fair cancelled due to COVID-19 outbreak

The Okakarara Trade Fair Society on Wednesday officially cancelled all business activities of the 2020 Okakarara Annual Trade Fair due to fears related to the spread of the COVID-19 pandemic.…

First-ever meeting of the new Namibia Football Association executive committee held yesterday

The first-ever meeting of the new Namibia Football Association (NFA) executive committee held yesterday resolved to extend the contract of the acting secretary-general Franco Cosmos until December 2020.

The meeting, …

Sports, youth and national service ministry gets N.dollars 18 million boost

Nearly N.dollars 306 million has been allocated to the Ministry of Sports, Youth and National Service in the 2020/21 National Budget, which is about N.dollars 18 million more than last …

Shiimi tables N.dollars 72.8 National Budget for 2020/21

Minister of Finance, Ipumbu Shiimi on Wednesday tabled the N.dollars 64.3 billion National Budget for the 2020/21 financial year in the National Assembly. However this does not include statutory expenditure …

Public safety sector gets third largest share of National Budget

The Public Safety Sector got the third largest share of the national budget allocations, totaling N.dollars 13.1 billion or 20.6 percent of the total allocation of about N.dollars 72.8 billion …

Administrative sector receives smallest budget allocation for 2020/21 FY

The Administrative sectors received the least allocation from the N.dollars 72.8 billion total national budget for the

2020/21 financial year tabled in the National Assembly by Finance Minister, Ipumbu Shiimi …