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Month: January 2012

Minimum wage study set for next month

The Namibia Domestic Workers Union plans to commence with a study aimed at determining the basic salary for domestic workers in February, confirmed Alfred Angula, secretary general of the union.According to Angula, the study...

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City collect funds owed

The City of Windhoek is in the process of submitting a detailed list of arrears of all government institutions to the Ministry of Finance for consideration and payment before the end of their financial year, says Roger Gertze,...

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NGO receives Finnish funding

The Finnish embassy donated N$2.2 million to the Desert Research Foundation of Namibia for a one year project. The project which is part of the Fund for Local Cooperation will be under the administration of the Embassy of...

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Oil prospects attract SA interest

A Western Cape Province delegation that was in the country recently on a one-day business mission, said it is looking at partnering Namibia in developing and servicing the oil industry.In an interview with the Economist on...

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Loan applications increase

First National Bank (FNB) said that it has recorded a substantial increase in the number of loan applications submitted after the festive season, with vehicle or asset finance as well as personal and study loans being the most...

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Counterfeit notes in circulation

The Bank of Namibia this week warned the public against counterfeit N$100 banknotes in circulation. The N$100 counterfeited banknotes in circulation were detected over the festive season and the matter is currently under...

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