The existing SOEs have collectively gathered a debt of N$43 billion or 25 percent of this nation’s GDP. However, the Ministry of Public Enterprises (MPE) is empowered to ensure that PEs are well managed and reduce the financial burden on the state.
Miners are livid overt the decision taken by the Electricity Control Board (ECB) to only approve a 2,5 percent decrease in the bulk electricity tariff, when power utility NamPower had asked for a 3,11 percent decrease.
The Government Institutions Pension Fund (GIPF) is planning to invest N$7.2 billion locally to achieve the 45 percent domestic asset requirement as mandated by the Namibia Financial Institutions Supervisory Authority’s (NAMFISA) regulation 13.
Gem Diamonds Namibia, a company linked to a politician and a government minister known to the Windhoek Observer, is tipped to be awarded the multimillion-dollar government tender to value Namibian diamonds despite previously having come out second in the tender evaluation process.
The recent murder of a Namibian citizen by a Chinese national working in Namibia is an outrage and tragedy. However, we believe that the ‘hang’em high’ fever pitch that is erupting, is unseemly.
I had always thought that colouring books were for kids. I bought tons of them for my own kids when they were young. Well, let me tell you that I have been introduced to the world of colouring books for adults.
The Chamber of Mines of Namibia is celebrating its golden jubilee this year, marking 50 years of excellence and dedicated service to Namibia’s mining industry, from its inception in 1969 to 2019.
The Anti-Corruption Commission (ACC) says it still has to resort to outsourcing complex investigations involving financial matters due to continued lack of internal capacity.
If you happened to glance at Sky News or BBC or any part of the UK Internet over the past week or so, you would have been greeted by some most unusual sights.
The Windhoek Observer News Editor Nyasha Francis Nyaungwa (NFN) sat down with Inland Revenue Commissioner Justus Mwafongwe (JM) who explained what has been causing delays in processing VAT refunds.