The 2017/2018 financial Year Budget Speech is expected by Minister of Finance Honorable Calle schlettwein this week. PWC Partner/Director Johan Nel says he would like to see the minister address critical issues like the continued drive to bring Government expenditure in line with the current budget, continued focus to manage the country’s debt exposure and forecasts on Government’s cash flow …
Four-time Olympic silver medallist Frankie Fredericks has stepped down from a key role at athletics’ world governing body after corruption claims. IAAF council member Fredericks, also a member of the International Olympic Committee, has left a taskforce helping Russia as it bids to be readmitted to international competition. His decision comes after French paper Le Monde claimed the former Namibia …
The Ministry of Fisheries and Marine Resources said that it is safe again to consume mussels from the Walvis Bay and Swakopmund areas. Mussel samples from the Walvis Bay Mariculture Production Area I were collected and submitted for testing for Diarrhetic Shellfish Poisoning (DSP) during the most recent official sampling and testing facilitated by the Namibian Standards Institution (NSI) as …
The Ministry of Mines and Energy announced that fuel pump prices for March 2017 will increase at 00h01 on 01 March 2017. The production cuts by the OPEC members and Russia to balance the oversupplied crude oil market is the main reason for the current rally. OPEC has achieved about 90 percent compliance rate on the proposed cuts in January …