Lottery board unable to operate state lottery

Operators who want to run the state lottery must secure a guarantee of N$100 million, says Michael Mutonga, Chairperson of the Lotteries Board. Mutonga says the board does not have the ability to run a multi-billion-dollar project like the state lottery, hence the need for a private licensee. “One of the requirements that is very […]

QZ Asset Management a Ponzi scheme- BoN

The Bank of Namibia (BoN) has declared the online business QZ Asset Management a Ponzi scheme after an investigation into its business dealings. QZ Asset Management claims that it matches investments dollar-for-dollar, which doubles the client’s profits. They further claim that the capital is 100% guaranteed in the event of any losses and that they […]

Namibia, Serbia to promote cooperation in defense

Namibia and Serbia are looking at promoting cooperation in defence as well as organising a Joint Defence Committee. This, according to the Serbian Ambassador to Namibia, Miloš Perišić, will allow Namibia’s armed forces to be trained by the Serbian Defence Academy through scholarships. The Ambassador, who is based in Luanda, paid a courtesy visit to […]

Debmarine commits to women empowerment

Debmarine Namibia has committed to the upliftment and empowerment of women. This is one of the reasons why the company availed N$2.5 million to Miss Namibia. Debmarine Namibia made this reassurance during its meeting with Miss Namibia’s finalists and the nbc’s Director General Stanley Similo at its premises. The visit was aimed at educating the […]

LPM demands removal of Sport Minister

The Landless People’s Movement (LPM) youth are demanding the removal of the Minister of Sport, Youth, and National Services, Agnes Tjongarero, claiming she has failed to address youth unemployment. They say young people’s biggest battle is against unemployment, with many graduates still sitting at home. LPM youth placed the Namibian youth’s predicament squarely on the […]

Professor Matengu says palliative care is important and valuable

The University of Namibia’s Vice Chancellor, Professor Kenneth Matengu, said palliative care is an important and valuable aspect of healthcare. Professor Matengu emphasised this at the signing of two Memoranda of Understanding with the Hope Home-Based Healthcare Service and Dr. Jeketera-Khumalo Surgery. Palliative care is specialised medical care for people living with a serious illness, […]