Blog
Page: 120
The US Department of Justice (DOJ) says it is considering whether to prosecute Boeing over two deadly crashes involving its 737 Max aircraft. The aviation giant breached the terms of an agreement made in 2021 that shielded the firm from criminal charges linked to the incidents, the DOJ said. Boeing has denied that it violated […]
The White House has told Congress it wants to send more than $1bn (£800m) in weapons to Israel, despite pressure over Israel’s Rafah offensive. The package would include tank rounds, mortars and armoured tactical vehicles, according to Reuters news agency. The plan – confirmed by a congressional aide to CBS, the BBC’s US partner – […]
Researchers say more bodies of Herero and Nama people from early 20th century concentration camp could be in waters around port The Namibian authorities are being urged to halt plans to extend a port on the Shark Island peninsula after the discovery of unmarked graves and artefacts relating to the Herero and Nama genocide. Forensic […]
Economists have expressed mixed feelings over the decision by the Namibia Power Corporation (NamPower) to get a N$2,6 billion loan from the World Bank to expand its transmission network and integrate renewable energy into its grid. The project will be implemented by NamPower under the Transmission Expansion and Energy Storage project, which is intended to […]
The Municipality of Walvis Bay on Wednesday issued a statement in which it confirmed that its general manager of finance, Frans !Gonteb, and manager of finance, Johanna Shidute, have been suspended from their duties. The decision to suspend them was made at a Walvis Bay Town Council meeting on Tuesday. The municipality announced that the […]
Lüderitz mayor Phil Balhao has urged residents to report corruption – especially with the influx of business opportunities to the harbour town. Balhao said this on Tuesday at a regional anti-corruption conference at Lüderitz that discussed topics relating to corruption in the oil, gas and green hydrogen sectors. “Corruption robs our people of advancement and […]
The Namibia Competition Commission (NaCC) has confirmed imposing a N$1 million fine on Bank of Namibia governor Johannes !Gawaxab, Ismael Gei-Khoibeb and Gamma Investments for implementing a merger without the commission’s approval. This comes after The Issue on Monday reported that !Gawaxab is facing allegations that he sold businesses and shareholdings in a major insurance […]
Service station owners in the north are pushing the government to compensate them for the losses they have made due to fuel smuggling on the Angolan border. This comes after minister of mines and energy Tom Alweendo said the issue of fuel smuggling is not manageable and requested the business community to assist and pitch […]
Two employees from the Walvis Bay municipality’s finance division received suspension letters on Wednesday morning. General manager of finance Frans !Gonteb and manager of revenue and credit control Johanna Shidute were told to report to the chief executive office, where they received the letters. Chief executive officer John Esterhuizen said he was authorised to place […]
Swakopmund mayor Dina Namubes says the municipality is prepared to handle debt collection at the coastal town without external debt collectors. This comes after Walvis Bay municipality terminated its contract with RedForce Debt Management. Although, the decision has been put on hold by a court order. “Our council believes that with the help of our […]