PRESIDENT BACKS NAMIBIAN FIRMS EXPANDING ABROAD

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President Netumbo Nandi-Ndaitwah has thrown government support behind Namibian companies seeking to establish businesses abroad, promising to confront barriers that stand in the way of investment and profit repatriation.

TRADITIONAL AUTHORITIES RECEIVE GOVERNMENT VEHICLES

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The Shambyu Traditional Authority in the Kavango East Region and the Masubia Traditional Authority in the Zambezi Region each received a vehicle from the Ministry of Justice and Labour Relations.

KAPOFI SAYS VETERANS RECEIVING DUE BENEFITS

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The minister of Defence and Veteran Affairs, Frans Kapofi, stated that the veterans camping outside the Swapo headquarters are not in conflict with the government and are receiving what they are entitled to.

NATIONAL COUNCIL BACKS ICT MINISTRY BUDGET VOTE

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Members of parliament in the National Council supported the vote for the Ministry of Information and Communication Technology, commending the government for installing network towers in key village areas.

UNAM ENROLMENT SURGES UNDER SUBSIDISED EDUCATION

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The University of Namibia (UNAM) has recorded a surge in student enrolment following the introduction of subsidised tertiary education.

This, UNAM Vice Chancellor Keneth Matengu said, has provided opportunities to many aspiring graduates.

NAMCOR Bailout Saves Over N$300 Million

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The National Petroleum Corporation of Namibia (NAMCOR) Managing Director, Maureen Hinda-Mbuende, said the bailout by the government this year resulted in more than N$300 million in savings.

This is after NAMCOR had been trading on negative margins, due to penalties and governance lapses.