The Capricorn Group announced today that Thinus Prinsloo, the Group chief executive officer (CEO),will be moving to Capricorn Investment Holdings (CIH) as a director. CIH is the principal shareholder of Capricorn Group with 44% shareholding. Prinsloo is set to move from his position as group CEO when the recruitment process for his successor has been … Read More “Capricorn group to change leadership – The Namibian” »
Category: Namibia
A Chinese-owned construction company which has paid no corporate tax in Namibia over a five-year period in which it had a total taxable income of nearly N$930 million has suffered a setback in its attempt to have N$33 million returned to it, a month after the tax authorities seized the money from its bank account. … Read More “Tax-dodging construction firm receives setback in court – The Namibian” »
The South African minister of electricity, Kgosientsho Ramokgopa, has promised to continue providing Namibia with 100MW of power at any given time. Ramokgopa made this announcement on Friday during his one-day visit to Namibia, where he met with his Namibian counterpart, Tom Alweendo. “We will continue to do so. I don’t believe there’s any risk. … Read More “SA electricity minister promises uninterrupted power supply to Namibia – The Namibian” »
City of Windhoek spokesperson Harold Akwenye says residents with permits are allowed to collect dry wood available in public open spaces for their own use. This comes after some residents have raised concern over permits issued to collect wood in the Avis area, saying it may encourage individuals to chop down trees. Akwenye has confirmed … Read More “City says residents may collect dry wood – The Namibian” »
The Capricorn Group announced today that Thinus Prinsloo, the group chief executive officer (CEO), is resigning and moving to Capricorn Investment Holdings (CIH) as a director. CIH is the principal shareholder of Capricorn Group. Prinsloo will leave his position as group CEO once the recruitment process for his successor has been completed. “I am excited … Read More “Capricorn Group CEO to resign – The Namibian” »
The South African Revenue Service (Sars) was victorious in its legal battle to wind up Regiments Capital, a Gupta-linked company amid state capture. Sars commissioner Edward Kieswetter in a statement on Friday said he welcomed the decision the Constitutional Court delivered last week. The demise of financial advisory firm Regiments Capital occurred after it was … Read More “Sars finally wins battle to wind up Regiments Capital – The Namibian” »
Ousted secretary general of the All People’s Party (APP) Vincent Kanyetu plans to take the party to court for defamation, claiming that he is a victim. This comes after Kanyetu was expelled over the weekend over misconduct allegations, including claims of sexually assaulting the party’s office administrator. However, Kanyetu was not found guilty on that … Read More “Kanyetu to take APP to court – The Namibian” »
Unexploited frontiers in the natural world can restore environmental equilibrium, while spurring economic growth and providing opportunities for greater social equality – take seaweed, for instance. For centuries, brown, green and red algae growing naturally in salty coastal waters or strewn along shorelines has been gathered for consumption and sale – mostly by women – … Read More “Unlocking the Potential of Seaweed – The Namibian” »
Nedbank Namibia donated N$350 000 to the Ministry of Mines and Energy towards the green hydrogen project Namibia last week. Martha Murorua, Nedbank’s managing director, said government and private sector collaboration can create growth and ensure the country’s global competitiveness. “We realised just how important the green hydrogen initiatives are set to become for the … Read More “Green hydrogen project receives N$350 000 – The Namibian” »
AWARD-WINNING musician and entrepreneur Monica ‘TopCheri’ Pineas launched a new kids talk show during the kiddies concert and play day in Windhoek last Thursday. She is the founder of the annual TopCheri kiddies concert and play day aimed at helping nurture young creative entrepreneurs and is sponsored by Sugar King. She told unWrap.online that the … Read More “TopCheri launches kids talk show – The Namibian” »