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QZ Asset Management a Ponzi scheme- BoN

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3 years ago By NBC Online

The Bank of Namibia (BoN) has declared the online business QZ Asset Management a Ponzi scheme after an investigation into its business dealings.

QZ Asset Management claims that it matches investments dollar-for-dollar, which doubles the client's profits.

DRC delegation learn from Namibia on road infrastructure

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3 years ago By NBC Online

A 19-member delegation from the Democratic Republic of the Congo's (DRC) various institutions responsible for the road sector is in the country to tap Namibia's technical skills in road maintenance.

Namibia, Angola strengthen cooperation in disease prevention

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3 years ago By NBC Online

The Directorate of Health in the Kavango East and West Regions and Angola's Cuando Cubango Province Health Directorate are holding a three-day cross border meeting at Calai.

The purpose is to strengthen cooperation between the two countries in the area of disease prevention.

Oshikoto RC budgets N$46 million towards infrastructure development

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3 years ago By NBC Online

The Oshikoto Regional Council has budgeted N$46 million towards accelerating infrastructure development and increasing socio-economic activity in the region.

Governor Penda ya Ndakolo revealed this during his State of the Region Address at Omuthiya.

Namibia, Serbia to promote cooperation in defense

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3 years ago By NBC Online

Namibia and Serbia are looking at promoting cooperation in defence as well as organising a Joint Defence Committee.

This, according to the Serbian Ambassador to Namibia, Miloš Perišić, will allow Namibia's armed forces to be trained by the Serbian Defence Academy through scholarships.

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