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Day: February 29, 2024

NamPol destroy drugs worth N.dollars 206 million

WINDHOEK: The Namibian Police Force (NamPol) on Thursday destroyed a consignment of cocaine valued at N.dollars 206 million.

The drugs, according to the Head of NamPol’s Forensic Science Institute, Nelius Becker, were part of a drug trafficking case …

Health minister satisfied with N.dollars 10.8 billion budget

WINDHOEK: The Minister of Health and Social Services, Dr Kalumbi Shangula, says the ministry will put the N.dollars 10.8 billion it received to good use.

Shangula was reacting to Finance Minister Iipumbu Shiimi’s 2024/25 budget tabling speech deliver…

Reduction in public debt stock recorded

The government’s public debt stock has decreased to 60.1 per cent of the Gross Domestic Product (GDP) during the 2024/25 financial year from 62.5 per cent recorded at the end of the preceding financial year.

The reduction was announced by Minister of…

Economist applauds government on tax reform

WINDHOEK: First National Bank (FNB) economist, Helena Mboti, has applauded the government on the newly announced tax relief, saying it supports the late President Hage Geingob’s legacy of being the people’s president.

She said this in an interview wi…

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