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Namfisa warns against Illegal micro-lenders

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7 months ago By NBC Online

The Namibia Financial Institutions Supervisory Authority (Namfisa) has cautioned the public against unregistered micro-lenders who continue to engage in illegal practices such as confiscating clients’ identity documents.

State seeks Magistrate's recusal in NAMCOR case

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7 months ago By NBC Online

Prosecutor Lilungwe Basson on Wednesday informed Magistrate Jurina |Hochobes that the State intends to file an application against her, asking her to step aside from the ongoing NAMCOR corruption matter.

Parliamentary committee wraps up hostel oversight visits

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7 months ago By NBC Online

The Parliamentary Standing Committee on Education, Science, ICT and Youth Development has concluded oversight follow-up visits to community hostels across 14 regions.

Fuel smuggling drains government revenue

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7 months ago By NBC Online

Fuel smuggling leads to significant government revenue losses because it bypasses official channels, evading taxes and levies.

Namibia's National Energy Fund has, in the past five years, lost N$300 million in revenue due to fuel smuggling.

Nasria donates N$350,000 to nine institutions

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7 months ago By NBC Online

Nine institutions have received a donation of N$350,000 from the Namibia Special Risks Insurance Association (Nasria).

The Namibia Brave Warriors will receive the majority of the sponsorship, specifically N$100,000, as they prepare for the 2026 FIFA World Cup.

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