FIMA consultation at Eenhana turn tense

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Emotions ran high at the Ministry of Finance and Public Enterprises consultation on the Financial Institutions and Market Act (FIMA) regulation on the preservation retirement benefit fund at Eenhana.

Participants also highlighted that a lack of financial literacy in Namibia is a burden that needs action to educate the nation on financial matters.

One of the Technical Advisory Committee members conducting consultations, Martino Olivier, felt that the participants did not give the committee time to respond to their concerns.

2024/2025 national budget consultations

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The tabling of the 2024–2025 budget may seem far away, but the Ministry of Finance is already in the process of putting the budget together and engaging stakeholders for input.

Finance Minister Iipumbu Shiimi already held an engagement in the Zambezi Region before moving to the Otjozondjupa Region.

This is an opportunity for the stakeholders to propose their input and the way they think the budget should go.

All seven constituencies in the region were represented at the meeting, where a number of government offices and ministries joined to raise their concerns.

Consultations for recruitment process of 700 fishermen start 

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Consultations by the Ministry of Fisheries and Marine Resources to discuss the recruitment process for the 700 Okapale fishermen have started at Walvis Bay.

The consultations are being conducted with the successful bidder of horse mackerel and hike quota.

Earlier this year, the Ministries of Fisheries and Labour signed an agreement with several fishing companies to provide full-time employment to the Okapale fishermen.

The Okapale fishermen have been paid the N$4,000 monthly allowance while they have no active jobs.

President Geingob consults with UN Secretary-General ahead of AU meeting in Ethiopia

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President Hage Geingob held consultations with the UN Secretary-General, Antonio Guterres, ahead of the African Union Peace and Security Council meeting in Addis Ababa, Ethiopia.

The meeting was to discuss the situation in the eastern Democratic Republic of Congo within the broader context of the Peace, Security, and Cooperation Framework for the DRC and the region, including the deployment of the Eastern African Force.