Month: August 2024

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Chery owners the real champions at Olympics
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Chery owners the real champions at Olympics

A select group of Chery owners was treated to a once-in-a-lifetime opportunity, when Chery hosted them as VIPs at a Mens’ Olympic Football match last week at the Parc des Princes in Paris. This elite group of supporters was selected by Chery from around the globe to view teams participating at the highest level of...

JAECOO J7’s continued phenomenal sales 
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JAECOO J7’s continued phenomenal sales 

Fresh-faced urban off-road SUV brand JAECOO continues to find favour among South Africa’s discerning new-vehicle buyers, with the sophisticated new J7 growing its sales tally even further in July 2024. Having launched as recently as April 2024, the J7 – a highly-capable SUV with a modern, yet classic design aesthetic, but priced from just N$549...

Kenya cuts rates in four years
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Kenya cuts rates in four years

NAIROBI – Kenya’s central bank trimmed Tuesday its main interest rate for the first time in four years, citing easing inflationary pressures as the government struggles to raise revenue and service its public debt following deadly protestors over tax hikes. The bank’s monetary policy committee (MPC) cut its main interest rate by a quarter percentage...

Health experts urge Olympics to cut ties with Coca-Cola
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Health experts urge Olympics to cut ties with Coca-Cola

PARIS – Two health experts on Tuesday called for Olympic organisers to cut ties with Coca-Cola, saying the current big-money sponsorship deal allows the US company to “sportswash” unhealthy sugary drinks.  Events at the Paris games have been lined with advertising for the ubiquitous fizzy drinks of Coca-Cola, which has been sponsoring the Olympics since...

Farmers Meat, Nafau reach positive wage talks 
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Farmers Meat, Nafau reach positive wage talks 

Farmers Meat, a proud subsidiary of the Ohlthaver & List (O&L) Group, is delighted to announce the successful conclusion of its wage negotiations with the Namibia Food and Allied Workers Union (Nafau).  The new established, one-year substantive agreement, effective from 1 July 2024 to 30 June 2025, underscores the company’s unwavering commitment to its employees...

Shiimi after multinationals
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Shiimi after multinationals

Finance minister Iipumbu Shiimi said the government is now targeting multinational companies to ensure that tax avoidance is minimised.  He said big companies in the country have been avoiding paying taxes for almost 15 years, with the excuse of making losses.  A tax loss carry forward is a provision that allows businesses or individuals to...

Supporting employees with serious illnesses
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Supporting employees with serious illnesses

On 29 November 2021, I received devastating news from one of Namibia’s top specialist physicians. He said, “Mrs Arangies, I am sorry to tell you that your bone marrow biopsy results reveal Acute Myeloid Leukaemia (AML), and unfortunately, Namibia lacks the necessary facilities and a haematologist to provide treatment.” This news completely shattered my world,...

Khomas prioritises agriculture, water
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Khomas prioritises agriculture, water

Lahja Nashuuta The Khomas Regional Council has invested millions in water-related interventions and agricultural extension services in the last financial year, governor Laura McLeod-Katjirua has said.  She made the announcement on Monday while delivering the Khomas State of the Region Address (Sora). She told the gathering that at least seven boreholes were drilled and successfully...

Atusheni show: A trading platform for all
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Atusheni show: A trading platform for all

Charles Ndeumane The Atusheni Community and Agricultural Show provided free stalls to women and youth during its recent exhibition in Omuthiya.  The exhibition concluded last Saturday. Formerly known as the Face of Namibia Project, Atusheni Community and Agricultural Show (ACAS) is a non-governmental organisation that has been active for nine years, previously holding exhibitions in...