The future of the Roads Contractor Company (RCC) hangs in the balance with sources claiming this week that the Cabinet Committee on Treasury has recommended that the insolvent company be closed.
Ovaherero Traditional Authority Secretary General, Dr Mutjinde Katjiua, has described Thursday’s clash between soldiers and desperate communal farmers who were seeking grazing land for their starving animals on the corridors of Namibian Defence Force farms near Karibib in the Erongo region as “horrific.”
Namibia Diamond Trading Company (NDTC) has ruled out the possibility of introducing diamond auctions in the sale of its products.
Meatco producers are faced with imminent changes, amid speculation that the looming implementation of the Public Enterprises Governance Act (PEGA) could curtail their powers.
Meatco producers, through the Meatco Act, among other things enjoy rights such as deciding on the appointment of board members to serve on the company’s board, a process which has become contentious over the years.
When reviewing the long-running, ongoing money battles between the two SOEs, Namibia Airports Company (NAC) and Air Namibia, we think there is no better example of the skewed situation existing for public enterprises.
Outgoing German Ambassador to Namibia, Christian-Matthias Schlaga, has ruled out financial reparations to the descendants of Herero and Nama people who were killed between 1904 and 1908.
Popular Democratic Movement (PDM) leader, McHenry Venaani, has taken aim at President Hage Geingob’s conduct, saying he is displaying traits of “arrogance”, does not observe basic etiquette and communicates in a language that is “unbecoming”.
Parmalat SA has joined the growing list of companies embarking on restructuring that could leave hundreds of its workers in the distribution section of the company jobless.
International markets — the Norwegian, UK and European Union markets — showed their dominant contribution to Meatco’s bottom line, with the three accounting for 74.68 per cent of the meat processors total revenue, representing nearly three-quarters of Meatco’s overall income, the company’s latest annual shows.