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Shakwa Nyambe, Managing Director of the energy law firm SNC Incorporated, has been appointed Regional Leader for Sub-Saharan Africa within the Frontier Energy Network.

The question around the need for a sole mandate when putting a property on the market is an important one and worth understanding.

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The Bank of Namibia (BoN) has issued a stern warning to banks with operations in the country against profit shifting and transfer pricing practices, which are done via Service Level Agreements. 

PowerCom, a subsidiary of Telecom Namibia, says it plans to invest N$36 million to construct 30 sites across various regions of Namibia to enhance its infrastructure for better network coverage, voice, and internet services. 

Minister of Agriculture, Water, and Land Reform, Calle Schlettwein, has revealed that Namibia exported its inaugural soft citrus and grapefruit shipments in the first quarter of 2023, valued at N$15 million (424 tonnes), with zero rejections.

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Auditor General Junias Kandjeke has given an adverse opinion on Katima Mulilo Town Council's 2020 financial year after it failed to provide documentation for investments into the Northern Regional Electricity Distributor (Nored) amounting to N$5.27 million.

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The Motor Vehicles Accident Fund (MVA) has, so far, paid N$25 million for 1552 personal accident claims between January and August this year.

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The Development Bank of Namibia (DBN) has successfully redeemed the DBN23 bond, the last of three amortizing fixed-rated bonds issued by the Bank in 2018, raising N$290 million.

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The Environmental Investment Fund (EIF) Board says it obtained an exemption from the Minister of Finance and Public Enterprises to renew the employment contract of Benedict Libanda for another five years.

Vehicle sales in Namibia recorded a 13.2% percent decline in August with a total of 1,094 new vehicles sold compared to 1260 sold in July, latest figures show. 

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