GIPF reports N$815 million loss from SA investment

The Government Institutions Pension Fund (GIPF) has confirmed an impairment loss of N$815 million from its investment in the South African-based Signal Structured Finance Fund, following a tax dispute involving the South African Revenue Service. The latest loss has drawn renewed attention to the fund’s history of risky investments.  Thirteen years ago, the Development Capital […]

2015 Walvis Bay fishermen disown Windhoek protest group

The fishermen who undertook a crippling strike in 2015 at Walvis Bay have distanced themselves from the group of fishermen currently demonstrating in Windhoek. The Chairperson of the Ex-Striking Okapare Fishermen, Godfried Kuhanga, made the clarification alongside other former striking fishermen. According to the group, they were placed in three categories under the Government Employment […]

Rainstorm wreaks havoc in Katima Mulilo

A rainstorm left a trail of destruction in its wake, damaging houses and structures and uprooting trees in Katima Mulilo and the surrounding areas. The storm that hit on Tuesday caused widespread damage to homes in Mafuta, Namalubi, and Lisikili. In the three areas, some homes were reduced to rubble as the corrugated iron sheets […]

Swakopmund hosts CircuWasteVETAfrica Stakeholders’ Workshop

The Municipality of Swakopmund hosted the CircuWasteVETAfrica Stakeholders’ Workshop, a platform uniting local and international partners to promote sustainable waste management and circular economy practices.  The project, co-funded by the European Commission, is part of the CircuWasteVETAfrica Erasmus+ Programme aimed at equipping young Africans with green skills and fostering innovation in waste management.  More than […]