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Population: 2.53 mn.
GDP: $13.25 bn.
Debt: n/a

news from Namibia

Category: all

Found 122 articles.

Displaying 41-50 out of 122 results.

Trial by procrastination

Due to open on 1 June, the long-awaited Avid Investment Corporation trial, involving claims over the embezzlement of 30 million Namibian dollars (US$4.3 mn.), has been postponed ye...

Where the BEE sucks

A trial in June could mark the start of a reckoning for massive fraud in the public sector workers’ pension fund

Black Economic Empowerment (BEE) company Avid Investments collapsed in 2004, losing 30 million Namibian dollars (US$4.3 mn.) to the embezzlement of Social Security Commission (SSC)...

No uranium for Tehran

United States’ worries over possible uranium sales to Iran from the planned Valencia mine in west-central Namibia may have blocked its sale to George Forrest International (GFI), a...

Harbour of resentment

A decision by the Namibian state-owned port operator to pre-award an estimated US$285 million contract for the Walvis Bay harbour expansion to the China Harbour Engineering Company...

Tarah Shaanika

Chief Executive Officer, Namibia Chamber of Commerce and Industry (NCCI)

In late March, a Metal and Allied Namibian Workers Union branch went on strike at New Era Investments, a Chinese construction company, over wages and benefits. Namibia’s high u...

Culpable contracts

Oil-trader Glencore International fears Namibia may wish to review its lengthy 2007 contract to provide half of refined petroleum imports until 2014. Namibia’s dollar is tied to th...

SWAPO suffers bee stings

Elections next month and rumbling financial scandals around SWAPO-linked businesses could boost support for the opposition

The opposition was cheered by a legal victory last month, when the Supreme Court overturned the Windhoek High Court's dismissal of an application by nine opposition parties to have...

The rise and rise of son of Sam

The prospect of a Nujoma dynasty looms with the promotion of Utoni Nujoma, the eldest son of founding President Sam Nujoma, to the senior cabinet position of Minister of Foreign Af...

Displaying 41-50 out of 122 results.