馃嚦馃嚘NamibiaSouthern Africa
IPC calls for transparent beneficial ownership after Namibia's greylist removal
via The Namibian2 min read
The Independent Patriots for Change IPC states that Namibia must make beneficial ownership information public to align with international standards, following the country's removal from the Financial Action Task Force's FATF greylist. Shadow minister of international relations and trade Rodney Cloete highlighted that two of the 13 weaknesses Namibia corrected were gaps in beneficial ownership transparency and the failure to prosecute money laundering. Cloete emphasized that information about company owners, particularly in petroleum, mining, and procurement, should be readily available. He noted concerns that journalists cannot practically obtain beneficial ownership information from the Business and Intellectual Property Authority Bipa. The IPC welcomed Namibia's removal from the greylist, acknowledging that greylisting increased the cost of cross-border payments and reduced foreign capital inflows. However, Cloete cautioned that the FATF only certified the presence of necessary frameworks and laws, not their effective use to prevent money laundering. Namibia was placed on the greylist in February 2024 due to 13 issues related to money laundering and combating the financing of terrorism.
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This summary was AI-generated from a story originally published by The Namibian.
The Ministry of Justice and Labour Relations, led by Minister Wise Immanuel, intervened at Beifang Mining Services after employees raised concerns about working conditions, labour rights, and alleged non-compliance with the Labour Act. Minister Immanuel met with workers in Swakopmund to strengthen labour relations, emphasizing the role of registered trade unions in representing workers' interests through collective bargaining. He stated that the ministry's role is to regulate labour relations, promote compliance with labour laws, safeguard fair labour practices, and facilitate harmonious workplace relations. Following the employee engagement, a high-level meeting was held with Beifang Mining Services management to discuss the workers' concerns, focusing on labour law compliance, conditions of employment, workplace relations, and grievance resolution mechanisms in line with the Labour Act. Immanuel highlighted that sustainable productivity and industrial harmony are achieved through mutual respect, compliance with labour legislation, and constructive social dialogue between employers and employees.
The Wellington Hurricanes defeated the Waikato Chiefs 60-5 in the Super Rugby final, claiming their first title in a decade. Playing in strong Wellington winds, the Hurricanes scored four of their nine tries in the first half, leading 29-0. This victory marked a record winning margin for a Super Rugby final, surpassing the 44-point difference when the Bulls beat the Chiefs in 2009. The Hurricanes also set new season records for most tries 113 and most points 745. Wingers Josh Moorby and Fehi Fineanganofo each scored 17 tries for the season, with Moorby grabbing a double in the final. Hurricanes fly-half Ruben Love contributed 25 points, including two tries. Chiefs centre Quinn Tupaea acknowledged his team's struggles, stating they were "never in the contest" and faced a "classy side." The Chiefs, who were beaten finalists for the fourth consecutive year, scored a late try through Naitoa Ah Kuoi to avoid being held scoreless. This championship is the Hurricanes' second, following their 2016 triumph, while the Chiefs have not added to their 2012 and 2013 titles.
President Netumbo Nandi-Ndaitwah arrived in Dar es Salaam, Tanzania, for her second official visit since President Samia Hassan's re-election. Invited by Hassan, Nandi-Ndaitwah will engage in bilateral talks at Ikulu State House before returning to Namibia on Monday. The visit aims to strengthen diplomatic, political, and economic ties between Namibia and Tanzania, and explore new areas of cooperation. A statement from the Presidency highlighted the enduring friendship and solidarity, forged during Namibia's liberation struggle, noting Tanzania's historical support to Swapo. The leaders are also expected to discuss regional and continental issues, and ways to deepen trade, investment, and people-to-people relations. This visit follows Hassan's re-election in November 2025, which faced criticism from opposition parties and human rights groups regarding political freedoms and the electoral environment, though the Tanzanian government affirmed the elections' adherence to national laws and democratic processes.