ACC arrests five in N$500 million Namcor ‘corruption’ scam
...N$560 million in bogus oil transactions where the parastatal supplied politically connected companies with petroleum products but was never paid for the fuel...
BoN’s failures fuel feeding frenzy on consumers
BoN's failure to regulate banks effectively, as well as engineering a suffocating squeeze on the Namibian bank account holder through sky-high interest rates, is being spun as some kind of achievement that shows how unburdened by reality they are.
Bribes, black SUVs and a Nigerian billionaire’s ‘unauthorised’ use of Terminal One
A NIGERIAN billionaire’s use of Namibia’s presidential airport terminal has triggered a high-level investigation into alleged bribery and protocol breaches. The authorities have identified Benedict Peters as a person of interest in a case involving bribery and the unauthorised use of the
Mbumba mum on possible Fishrot pardons as final act
Two days before leaving office President Nangolo Mbumba has declined to comment on allegations that he is being pressured to pardon the Fishrot-accused before his retirement.
Specialists in dubious polls again walk away scot-free
...No one cares about the Electoral Commission of Namibia’s (ECN) woeful performance until it’s election time again...
Seal genital smuggling takes new twist
…as Chinese businesses scramble for explanations...
Trustco frozen out of the stock exchanges
TRUSTCO's years-long battle with the Johannesburg Stock Exchange may have finally come to an end as the financial services, mining and property company...
EIF dodges procurement rules for hydrogen consulting worth N$11m
...Namibia Green Hydrogen Programme’s communication strategy at a cost of N$4.9 million.
Alweendo reverses Elizabeth Bay license cancellation
…issues stern warning to dormant operator
Namibia’s aspirations towards green hydrogen are going nowhere
...green hydrogen has also been a major public concern resulting in suspicions of sinister deals behind the scenes.
Nigeria’s Access Bank on the verge of Namibian entry
NIGERIAN financial services giant Access Bank, is closing in on its dream of entering the Namibian market, with its application process said to be almost complete. The Issue has learnt that Access bank is now a shoo-in, with the Bank of Namibia
