The Waking Crew 2.0

Catch Jarret and Deon for their early morning antics: 06:00 - 09:00

Read More

The Coffee Break

Get that morning buzz you need, from 09:00 - 12:00

Read More

The Hard Drive

with Karlien, for your lunch time entertainment 12:00 - 15:00

Read More

The Headrush

End your busy day with Chops, 15:00 - 18:00

Read More

Contact Us

Address: #28 and 30 Simpson Street, Windhoek West, Namibia
Tel: (061) 242350
Fax: (061) 242322
Whatsapp: 0818856452
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.


 

 

PMR Africa Award Winners
2 Diamond Arrow
5 Gold Arrow

Week in Review - 16 September 2017

Government's financial woes were once again highlighted this week as it was revealed that the Italian company heading up the construction of the Neckertal Dam were cutting shifts and exploring other money saving mechanisms following government's failure to pay them some N$ 396 million. Later in the week Minister of Agriculture, Water, and Forestry John Mutorwa said that the Cabinet Committee on Finance had met to address the matter, that the company would be paid by next week, and that they would ensure that payment for the remaining 10% of the project is forthcoming to ensure the successful completion of what will become Namibia's biggest dam. 
 
One of the ways that government is hoping to migitate the financial difficulties they are in is of course through the collection of outstanding tax amounts during the second tax amnesty that began on Monday and will run for the next 6 months with the option of tax payers setting up payment plans for their outstanding amounts. The Namibia Chamber of Commerce and Industry is not so sure the amnesty will be effective though, pointing out that most businesses are in a downturn and have a diminished capacity to pay outstanding amounts. The NCCI suggests that the Ministry of Finance rather look at widening the tax base and improve collection through hunting down businesses which hide income.
 
In other local news the Bank of Namibia stated that virtual currencies such as Bitcoin are not legal tender in Namibia and cautioned people wishing to trade in them that they do so at their own risk, and applications opened for the 2018 Mandela Washington Fellowship which sees selected Namibians between the age of 25 and 35 get to spend 6 weeks at a US university or college furthering their education in the fields of public service, business and entrepreneurship, or civic engagement.
 
In South Africa Standard Bank appointed Sim Tshabalala as sole chief executive officer, ending a dual role that he had shared with Ben Kruger, and making him the first black person to lead Africa's largest lender alone. In other good news former Deputy Minister of Higher Education and Training Mduduzi Manana was convicted of three counts of assault with intent to cause grievous bodily harm after he pleaded guilty. There was bad news for the country though as it was revealed that the South African Revenue Service missed its first quarter revenue target by R13.1 billion, pointing out that if the trend continues the overall target would be missed by about R50 billion.
 
Elsewhere in Africa, a South African company was granted one of only two licenses for the cultivation, processing, and sale of cannabis for medical and scientific purposes in Lesotho, Tanzania confiscated diamonds worth nearly $30 million after accusing British company Petra Diamonds of undervaluing an export shipment, Nigeria declared a curfew in the southeast following brewing tensions between pro-Biafra supporters and the military while other parts of the country braced for flood waters from the rising Niger River. Political tensions continued in both Kenya and Zimbabwe with Kenya's opposition refusing to accept the terms and date for the re-run of the recent election which was nullified by the court, and in Zimbabwe the opposition coalition lead a court challenge against the President's declaration of voter registration dates, while at the same time facing internal divisions and power struggles.
 
Internationally condemnation continued to mount against Myanmar's treatment of the Rohingya Muslim minority, it was reported that more than half of the world's refugee children – some 3.5 million altogether – do not attend school, Facebook was fined 1.2 million Euros for breaching Spain's privacy rules, Norway went to the polls, and a contentious postal survey on same-sex marriage kicked off in Australia.