Namibia’s financial system will continue uninterrupted, despite the greylisting of South Africa. This assurance is given by the Bank of Namibia, following the rating of South Africa by the Financial Action Task Force (FATF). The greylisting means that South Africa’s financial system has deficiencies in fighting money laundering and terrorism financing. BoN says Namibia was […]

In its efforts to address challenges relating to the provision of electricity services in the northern parts of Namibia, electricity supplier, Northern Regional Electricity Distributor (NORED), has entered into a three-year agreement with the Namibian Broadcasting Corporation (nbc).  Acting Chief Executive Officer of NORED, Toivo Shovaleka, says there is a lack of knowledge regarding the […]