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Auditing firm Ernst &Young has completed an investigation into the affairs of TransNamib with the report now with Public Enterprises minister Leon Jooste, The Brief has established.

Canadian-based international gold mining company Dundee Precious Metals says its Namibian operations, Dundee Tsumeb processed approximately 189,700 tonnes of complex concentrate in 2021.

Italy on Friday lifted an entry ban on people who had visited any of eight southern African states including Namibia, which it imposed in November as the Omicron variant of COVID-19 began to spread.

The Omicron variant, which officially marked the fourth wave of the Covid-19 pandemic, is flattening out after a six-week surge, with South Africa recording a 9% decline in weekly infections.

Africa’s new cross-border payment system is expected to save the continent billions of dollars in annual transaction costs and bolster shipments in the world’s largest free-trade zone, according to Mahamudu Bawumia, the Vice President of Ghana.

Bank of Namibia (BoN) Governor Johannes Gawaxab has been lowly rated after he scored a D+ in a survey conducted by Global Finance magazine of Central Bank Governors in 2021.

President Hage Geingob says Namibians should get vaccinated in their numbers to bolster economic growth.

A high-tech laboratory, backed by the Chinese government, achieved a 6G-level wireless transmission up to a speed of 206.25 gigabits per second, according to a South China Morning Post (SCMP) report.

While load-shedding has been a headache for households and businesses across SA in 2021, the rampant power outages have been a great opportunity for electrical manufacturer Ellies, which has capitalised on the scramble for alternative and backup sources of energy.

The Namibia Financial Institution Supervisory Institutions (NAMFISA) is cautioning the public against the practice of microlenders retaining possession of bank cards and PIN codes, original identification documents, original passports, and original driver’s license of borrowers.

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