Government raises N$24m from vehicle auction

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The Minister of Works and Transport, Veikko Nekundi, has revealed in his ministerial statement in the National Assembly that the government has auctioned off 306 vehicles, generating about N$24 million that will be directed towards government programmes and services.

Pension hike could push social grants bill to N$9 billion - Humavindu

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The Namibian government spends around N$7 billion yearly on social grants, with old-age pensions accounting for nearly half of the total. 

Michael Humavindu, the Executive Director in the Ministry of Finance, cautions that raising the pension to a mere N$2,000 could push the bill close to N$9 billion.

State traces NAMCOR fuel millions

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The state has outlined the money trail of N$9 million allegedly distributed among several individuals following a $53 million payment by NAMCOR to Enercon for the purchase of nine fuel stations.

APRM completes unemployment report review

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The African Peer Review Mechanism (APRM) National Structure has completed a report review on unemployment in the country.

President Netumbo Nandi-Ndaitwah is expected to present the report at the sidelines of the African Union Heads of State Summit next year.

|Khomas Region records 44% unemployment rate

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Unemployment in the |Khomas Region currently stands at 44%, and this has resulted in the regional council intensifying efforts to create jobs and improve livelihoods through targeted investments in entrepreneurship, rural development, and housing initiatives.

NAMDIA clarifies operations

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NAMDIA has confirmed that packages of diamonds recovered by police earlier this year were officially declared, following public calls for clarity by Associate Professor Job Amupanda.