Psemas mess: Schlettwein proposes biometrics

October 28, 2026

Former Finance Minister Calle Schlettwein has proposed biometric verification as a possible measure to strengthen controls within the Public Service Employees Medical Aid Scheme. The scheme faces mounting financial pressure, with annual costs of about N$3.9 billion and government seeking another N$535 million, as concerns grow over rising healthcare expenses and alleged abuse.

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Written by: Madeline

Repo rate will rise today – economist

The Bank of Namibia’s Monetary Policy Committee is expected to announce its latest interest rate decision today, with the repo rate currently at 6.75%, compared with South Africa’s 7.25%. The decision is being closely watched for its potential impact on borrowing costs, inflation and the exchange rate. Simonis Storm Securities […]

October 28, 2026

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TransNamib’s Gonzo fired, matter escalated to ACC

By: Yanna Smith TransNamib has terminated the employment of its Executive: Human Capital, Webster Gonzo, with immediate effect following a series of internal and external forensic investigations into the parastatal’s property alienation scheme. In an official announcement, TransNamib confirmed that Gonzo’s dismissal took effect on Monday, 26 October. The veteran […]

October 28, 2026