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NovaNam employees demand an employee share payout incentive

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Workers of NovaNam Fishing Company at Luderitz are demanding an employee share payout incentive.

Picketing in front of the company's main entrance during lunch hour, the workers maintain the company has unilaterally changed their 15% shareholding into an Employee Trust Fund (ETF).

Modernisation of national railways a need

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The Chairperson of the Standing Committee on Economics and Public Administration, Natangwe Ithete, has emphasised the necessity of revising and modernising the national railway system in a way that stimulates growth and development.