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front Calle 11 March 2016Namibia’s close economic ties with South Africa could prove toxic, if global ratings agency Moody’s downgrades the neighbouring country to “junk status” as expected.

front 1 4 MarchSuspended Windhoek Magistrate Hileni Kavara has accused Prosecutor General Martha Imalwa of corruption and abusing her office by refusing to prosecute the politically-connected and those close to her.

front 2 4 March 2016Allegations of favouritism and aggressive lobbying have rocked the recruitment of a new Agribank chief executive officer to replace incumbent Ambassador Leonard Iipumbu, who is expected to step down at the end of July.

front 1 26 febThousands of youth, who rely on being recruited into the civil service by enlisting in the army or police force, will this year find themselves without employment, after government announced a moratorium on recruitment.

Opposition party leaders have blasted the N$66 billion national budget, tabled by Finance Minister Calle Schlettwein in the National Assembly on Thursday, saying that it lacked concrete cost-cutting measures, substance, as well as innovation.

front 1 19 febA technical committee is expected to submit its recommendation to Cabinet on whether to extend or lift the moratorium on phosphate mining in Namibia, as investors express their unhappiness with a lack of government response since 2014.

front 2 19 febTHE world-famous Erindi Private Game Reserve will soon be offered to international billionaires – including Microsoft founder and philanthropist Bill Gates, the Windhoek Observer has established.

BoN rate 17 FebThe Bank of Namibia has increased the repo rate by 25 basis points to 6.75 percent to align interest rates within the Common Monetary Area (CMA) and avoid possible capital outflows in the country, which could put pressure on the country’s reserves.

front 2 12 febAttorney General Sackeus Shanghala has come under heavy criticism from legal experts for allegedly giving ‘incorrect’ legal advice to the Minister of Urban and Rural Development.

front 1 12 febNamibians will have to dig deeper in their pockets, with inflation forecasted to continue on an upward trend for the next two years, local economists have warned.

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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Namibia
Tel: +264 61 411 800
Fax: +264 61 226 098
www.observer.com.na