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BoN reduces repo rate to 7.25 per cent

WINDHOEK: The Bank of Namibia ( BoN ) announced a 25 basis point reduction in the repo rate , from 7 . 50 per cent to 7 . 25 per cent , on Wednesday . BoN Governor Johannes ! Gawaxab said the Monetary Policy Committee ( MPC ) took the

ECN targets more youth and women voters through voter education

Opuwo: The Electoral Commission of Namibia ( ECN ) has indicated that it will target more women and youth voters as Namibia gears up for the Presidential and National Assembly Elections in November . Over 90 per cent of the eligible voters in Namibia …

Former MP and seven others arrested for alleged tender corruption

Seven people – including a former Member of Parliament – have been arrested for alleged corruption related to a R27 million tender.

The seven were arrested by the Hawks’ Serious Commercial Crime Investigation unit in Gauteng on Wednesday morning.

H…

SARS grants special permission for importation of jet fuel

South African Revenue Service Commissioner, Edward Kieswetter has granted special permission for the importation of jet fuel, known as kerosene, after the industry raised concerns about the threat of fuel shortage.

The Fuels Industry Association of …

DMPR Deputy Minister calls for “zero harm” in mining sector

The Deputy Minister of Mineral and Petroleum Resources, Judith Nemadzinga-Tshabalala, has called on the mining industry to adopt a strong health and safety culture to eradicate harm and death in the sector.

She was speaking at the 2024 Mine Health a…

No new taxes, FIRS allays fears over reforms

Chairman of Federal Inland Revenue Service (FIRS), Zacch Adedeji, has allayed the fears of Nigerians on possible introduction of new taxes through proposed tax reform laws.

Adedeji made this known during an interactive session with members of the Se…