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02 Mar

SA greylisting not affecting Namibia: BoN

ObserverMainFinancial Action Task Force (FATF), Kazembire Zemburuka, SA greylisting not affecting Namibia: BoN

Martin Endjala The Bank of Namibia has clarified its position amidst reports of South Africa’s greylisting by the Financial Action Task Force (FATF) stating that Namibia’s financial transactions with the rest of the world and capital flows to and from the jurisdiction will continue uninterrupted. This is despite the country’s ties and exposure to the South African financial system. The Bank of Namibia Director Strategic Communications and International Relations, Kazembire Zemburuka, confirmed this in a statement in response to concerns raised by some economists and Namibians at large. He said that as an independent and sovereign state, Namibia is going…

Are unions still relevant in the country?

ObserverMainAre unions still relevant in the country?, Namibia Economic Freedom Fighters (NEFF)

Martin Endjala The recent events of exploitation of workers by employers and the downing of tools by workers has put workers unions on the spot, with many questioning the relevance of unions. Many claim that unions are absent of and no longer represent workers fairly. Unions are now under immense pressure to up their game or risk losing members as some feel that it is pointless to belong to a union and not benefit. Kalimbo Iipumbu, Vice President of the Namibia Economic Freedom Fighters (NEFF) said today that unions are useless, in that they are only pocketing money from workers.…