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.
German state-owned development bank, KfW says it is still keen to provide funding towards the construction of a desalination plant at the coast should the results of on-going feasibility study recommend its construction.
Germany has revealed that it will start advancing loans to Namibia in the local currency, a shift from its previous position, where loans were advanced in foreign currency.
There is no doubt that Namibian Defence Force (NDF) soldiers killing and assaulting unarmed civilians is unacceptable and such cases must be handled in the courts according to the relevant laws.