President Netumbo Nandi-Ndaitwah has ordered a forensic investigation into a Swapo fishing company, as a boardroom ‘civil war’ intensifies over allegations of missing millions and a lack of transparency. Gendev Fishing Resources and its sister company, Gendev Fishing Group, have…

Politically connected businessman Josef Andreas has defended his N$250 million business empire, rejecting allegations that has had influence in governmental affairs despite not being part of the country’s top leadership. Dubbed the ‘Elon Musk of Namibia’, Andreas has over the…

A company owned by businesswoman Sara Katiti wants the government to stop contract negotiations on a N$1.3 billion tender for the supply of mental health medicine, cancer treatments and medication for chronic conditions to state hospitals. The disputed tender also…

The Government Institutions Pension Fund (GIPF) paid its board of trustees chairperson, Penda Ithindi, N$114 000 for attending three meetings in two months. Namibia Public Workers Union (Napwu) general secretary Petrus Nevonga was paid N$92 163 during the same period.This…

Serving on boards across Namibia’s largest state-owned enterprises, banks and listed companies has become a lucrative source of income for a few. According to annual reports and data obtained from the Namibia Sexurities Exchange (NSX), earnings for chairs and senior…

The Namibia Industrial Development Agency (Nida) is fighting to retain control of its billion-dollar property portfolio after the government instructed the parastatal to transfer 154 of its assets, including farms and complexes worth about N$3 billion. Nida’s property portfolio spans…

The Ministry of Health and Social Services has asked the Central Procurement Board of Namibia to cancel a N$194-million tender to build new central medical stores in Windhoek. The tender’s cancellation comes amid allegations of political interference in the procurement…

The Anti-Corruption Commission (ACC) has arrested a 40-year-old human resource practitioner from the Ministry of Education, Innovation, Youth, Sport, Arts and Culture over allegations involving a N$10 000 bribery payment linked to a job-for-cash scheme. Emiriha Haikela was arrested on…

The Namibian Competition Commission has barred Nasan Energies from sourcing fuel from Vitol for five years following its acquisition of 52 retail service stations. “For a period of five years from the implementation date, the acquiring group [Nasan] shall not…

The Namibia Football Association (NFA) spent over N$1.1 million on the funerals of two executives last year, expenses that included flights and allowances for a select group of attendees. NFA insiders, speaking anonymously, raised concerns about the expenditure, warning that…

The Global Fund is in talks with the Namibian government over its N$194 million donation that was meant to build a new central medical store but the Ministry of Health and Social Services has since redirected the money to lease…