With the cost of medical services continuing to sky rocket amid allegations of over servicing and fraudulent claims by medical practitioners, the Windhoek Observer (WO) engaged the Chief Executive Officer of the Namibian Association of Medical Aid Funds (NAMAF) Stephen Tjiuoro (ST),
The construction, hotel and restaurant sectors are expected to drive the domestic economy recovery in 2019, with the country’s GDP projected to grow by 0,3 percent, latest figures from the Bank of Namibia show.
The changing business environment has forced the Government Institutions Pension Fund (GIPF) to review its actuarial valuation policy which requires that it be conducted every 18 months to three years, as part of efforts to mitigate any potential risk the fund might face.
The US Embassy in Windhoek said Wednesday that its government, through the US Agency for International Development (USAID) and the Department of Defence,
Inland Revenue Commissioner, Justus Mwafonge, said on Wednesday that the January introduction of the Integrated Tax Administration System (ITAS) will result in increased revenue for the state as it will minimise incidences of tax evasion, transfer pricing, and underpaying of taxes.
Standard Bank recently awarded bursaries to four students studying Cyber Security, Forensic Science and Actuarial Science at the Namibia University of Science and Technology (NUST), the University of Free State and Stellenbosch University as part of its annual bursary programme.
Namib Mills will soon make a foray into the bread market, with the company planning to launch a superior bread loaf towards the end of the year.
We weary of confetti, ribbon cuttings and glory speeches when promising economic programmes such as the green schemes run by the Ministry of Agriculture, Water and Forestry (MAWF) under Agribusdev are launched, and years down the line when positive results were promised, we find the programmes grossly under-funded, poorly staffed, and operating with no momentum for success.
Unsuspecting patients and medical aid funds have been fleeced millions of dollars through over charging and over servicing by Namibian doctors, it has emerged.
Information gathered by the Windhoek Observer revealed that several doctors have been raking in millions of dollars annually through fraudulent claims,