Stock markets diverged Monday, following last week’s strong performance, as traders await a meeting of central bankers that could give fresh signals about the US interest-rate outlook. Positive data last week eased concerns about the health of the US economy after markets were hammered earlier this month due to recession fears and a Japanese interest-rate...
Green Enterprise Solutions, a Namibian ICT company, has announced the onboarding ofinterns across its various departments. This internship programme is expected tofoster a new wave of tech-savvy professionals.Three of these interns are stationed in Erongo region, and 10 are interning at Green’s main office in Windhoek. The 13 interns are expected to engage in comprehensive,...
Trade minister Lucia Iipumbu stated the 2024 SADC Summit that took place in Zimbabwe last week paved the way for the commencement of the Tripartite Free Trade Area (TFTA) agreement. This will ultimately allow for direct trade among the subscribing countries, and should eventually bring the region closer to the broader goals of the African...
The privatisation of State-owned enterprises is increasingly being presented as a solution to the challenges these entities face, particularly in Namibia. Proponents often argue that poor management and inefficiencies justify transferring State assets to private hands. However, this perspective overlooks the broader and often detrimental consequences that history and global examples have demonstrated. While it...
OMUTHIYA – The Oniipa and Omuthiya town councils have expressed concern over the high amount of compensation communal landowners are demanding or seeking to develop the land independently. During a meeting of the National Council Standing Committee on Transport, Infrastructure, and Housing held in Omuthiya on Wednesday, the Oniipa Town Council’s Property and Land Management...
KEETMANSHOOP- Clementia Coetzee and Simon Nambodi completed the list of delegates from //Kharas region who will compete at Swapo’s electoral college, known as the ‘pot’. In total, nine delegates will represent the region at the upcoming electoral college, slated for 7-9 September. The much-anticipated indaba will be held in Windhoek. They were elected during a...
SWAKOPMUND – The youth are increasingly advocating for a more inclusive role in shaping policies that directly affect their lives, particularly in areas such as education, curriculum development and social development. This is according to Namibia National Students Organisation (Nanso) Erongo regional leader, Adele Mkunqwana, who was a panellist at a youth engagement with Vice...
Rudolf Gaiseb Legal practitioners, political analysts and traditional authorities have strongly advocated for the legalisation of polygamy in Namibia. Even in the absence of any laws to govern this lifestyle, it was recently reported that prominent political and business leaders have pledged to support the cause – financially or otherwise. New Era spoke to some...
Auleria Wakudumo In an ongoing effort to ease the financial burden residents, the Oshakati Town Council announced the continuation of waiving all residents’ municipal accounts in arrears. This measure forms part of the council’s commitment to provide relief to its residents, especially in these challenging economic times. Last year in September, Council announced that all...
Windhoek High Court Judge Philanda Christiaan last week acquitted former police officer Ricardo Nghilifavali Nestor on charges of fraud, forgery, and using a forged instrument. The judge, however, found that the State proved the alternative offence of theft and money-laundering. Nestor already tasted success when six charges against him were dismissed after a Section 174...