Calle rules out additional NSFAF funding

Finance Minister, Calle Schlettwein, said Thursday that government will not give in to the demands by the Namibia Financial Assistance Fund (NSFAF), which this week begged Treasury for an additional N$641 million in order to assist 12,162 eligible first year students.

Govt seeks to raise N$600m through 2pct levy

Government says it plans to raise between N$500 and N$600 million through the proposed once-off 2 percent national voluntary contribution by all Namibians in order to mitigate the effects of the drought that is currently ravaging large parts of the country. 

Government bans imports

Government has with immediate effect banned all public entities from procuring selected goods and services from foreign sources and companies in a move aimed at enabling local participation in the economy and enhancing domestic productive capacity.

Will Calle walk the budget talk?

Economists have largely reacted positively to the Mid-term Budget Review tabled in Parliament by Finance Minister, Calle Schlettwein, on Wednesday. 

Schlettwein kills Kudu

Government has effectively closed the curtain on the much-talked about Kudu Gas to Power Project after Finance Minister, Calle Schlettwein, said it should be abandoned.

Calle throws Tweya under the bus

The Windhoek Observer is in possession of several documents which show that the Minister of Finance, Calle Schlettwein, was privy to the Angolan property deal between the trade ministry and Afrikuumba despite the minister claiming ignorance when he cancelled the deal on Monday.

Tax incentive programme extended to April

The Ministry of Finance announced Wednesday that it had extended the duration of the Tax Arrear Recovery Incentive Programme to Tuesday, 03 April 2018.

SOEs to be listed on NSX next year

The Government has set in motion plans to partially list some of its ailing commercial enterprises by next year, Minister of Finance, Calle Schlettwein, has said.

Katima demolition targets could be compensated

Minister of Finance, Calle Schlettwein, says Treasury has no problem compensating families whose houses were demolished by the Katima Mulilo Town Council, if it is found that demolition of the illegal structures was not done according to the law.

Schlettwein powerless

Attorney General, Sackeus Shanghala, has brushed aside protests by Finance Minister, Calle Schlettwein, by ordering the release of N$31 million to a group of UK-based lawyers, who included questionable administrative charges in their invoices. 
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WINDHOEK OBSERVER

The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

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