Namibia Deposit Guarantee Authority unveils its 4th annual report

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The Namibia Deposit Guarantee Authority (NDGA) has unveiled its fourth annual report for the year ended December 31, 2023. 

The report revealed the NDGA's adherence to the Deposit Guarantee Act, showcasing its governance, operations, and the performance of its Deposit Guarantee Scheme. 

Notably, the Fund's market value soared to N$23.1 million by the close of December 2023, reflecting a surge in growth bolstered by premiums from member institutions and strategic investments in a favourable interest environment.

Windhoek's population surge strains infrastructure, urgent government intervention needed

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The escalating population growth is putting pressure on the City of Windhoek (CoW) municipal infrastructure, intensifying demand for service delivery, and underscoring the need for government intervention. 

Among the ongoing initiatives, CoW Mayor Queen Kamati unveiled the "Informal Settlement Upgrading Pilot Project," which involves constructing 113 houses in Goreangab ext. 4. 

Minister of Finance joins youth-led cleanup campaign at Green Leaves Primary School

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The "Minister of Finance Gets His Hands Dirty with the Youth" campaign kicked off at Green Leaves Primary School in Okahandja Park today. Led by National Council member Emma Muteka, who also serves as Secretary General of the Tukwatha Youth Organization, the event aims to highlight the importance of collective action in creating a cleaner and safer environment.

China's Jiangsu Province continues to make significant progress in media industry

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The Jiangsu Province in China continues to make significant progress in the media industry, particularly in documenting history and showcasing Chinese modernization to both residents and visitors.

Both large and small media houses in Jiangsu Province play significant roles in preserving the region's norms and values while evolving their own media platforms for future generations.

Media houses, including those in the electronic, print, and radio sectors, maintain historical artefacts dating back to the colonial era.