The Capricorn Group announced Thursday that its profit after tax had surpassed the N$1 billion mark for the first time during the year ended 30 June 2019.
The Air Namibia board and management have been forced to go cap in hand to local lawyers representing a Belgian company, Challenge Air SA, after the flag carrier recently lost a case in the Windhoek High Court in which it challenged Anicet Baum’s appointment as the sole liquidator and receiver of the busted plane lease company.
  • 16
  • Aug
Highest ranking official in the Red Flag regiment, Hans Katjiuanjo died peacefully in his home on Tuesday,13 August in Gobabis. He died at the age of 102.
  • 16
  • Aug
Ondangwa Airport will next week Thursday be renamed in honour of the late liberation struggle icon, Andimba Toivo ya Toivo, two years after President Hage Geingob gave his blessings.
  • 16
  • Aug
“…The Swapo party, through our own doing, will continue to get its super majority until we come to our senses.”
“…Namibians would rather listen to who is talking and not the message.”
  • 16
  • Aug
The recent town-hall meetings held by President Hage Geingob in the two Kavango regions have reawakened long-standing socio-political discontentment over the perception of tribal imbalances in high-ranking job appointments and inequality in financial disbursements for regional development projects.
  • 16
  • Aug
The Bank of Namibia has moved to breathe life into the ailing real estate sector which has been limping for well over two years due to falling rentals and housing prices.
As the curtain came down on President Hage Geingob’s well-attended town hall meetings on Thursday, analysts have opined that the meetings were a disappointment to the thousands of citizens who religiously followed the president across the country.
The National Union of Namibian Workers (NUNW) is in dire financial straights which has forced it to cancel its scheduled congress to elect new leaders since its leadership expired in May this year.
President Hage Geingob is alleged to have snubbed a group of SMEs that collectively lost millions of dollars after the SME Bank collapsed in July 2017 following a looting spree by its Zimbabwean minority shareholders.
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