GOVERNMENT

N$3 000 old-age grant would lead to ‘closure of hospitals’

Social grants to surpass health budget

Amid the ongoing debate, the finance minister has reiterated that Vice-President Nandi-Ndaitwah's wish to nearly double the pensioners' grant cannot be realised in the immediate future.

TOIVO NDJEBELA

2 Month Ago - 2024-07-03 00:50:00

Finance minister Ipumbu Shiimi says, in theory, public hospitals would close down if the old-age pension was increased to N$3 000 within this financial year, as demanded by senior

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Victor Haludilu 2 Month Ago 04 July 2024

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Victor Haludilu 2 Month Ago 04 July 2024

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LaLiga: Real Betis 2 vs 1 Getafe | Mallorca 1 vs 0 Real Sociedad | Rayo Vallecano 3 vs 1 Osasuna SerieA: SS Lazio 2 vs 1 Hellas Verona | Parma 2 vs 3 Udinese Katima Mulilo: 19° | 40° Rundu: 20° | 39° Eenhana: 17° | 37° Oshakati: 17° | 35° Ruacana: 17° | 35° Tsumeb: 21° | 34° Otjiwarongo: 14° | 33° Omaruru: 13° | 33° Windhoek: 12° | 29° Gobabis: 10° | 29° Henties Bay: 10° | 16° Wind speed: 24km/h, Wind direction: S, Low tide: 05:02, High tide: 11:41, Low Tide: 18:01, High tide: 00:18 Swakopmund: 11° | 13° Wind speed: 27km/h, Wind direction: SW, Low tide: 05:00, High tide: 11:39, Low Tide: 17:59, High tide: 00:16 Walvis Bay: 10° | 16° Wind speed: 27km/h, Wind direction: S, Low tide: 05:00, High tide: 11:38, Low Tide: 17:59, High tide: 00:15 Rehoboth: 8° | 27° Mariental: 10° | 25° Keetmanshoop: 8° | 22° Aranos: 8° | 26° Lüderitz: 10° | 34° Ariamsvlei: 8° | 21° Oranjemund: 9° | 27° Luanda: 21° | 23° Gaborone: 14° | 27° Lubumbashi: 17° | 37° Mbabane: 8° | 10° Maseru: 4° | 11° Antananarivo: 12° | 29° Lilongwe: 21° | 32° Maputo: 16° | 19° Windhoek: 12° | 29° Cape Town: 12° | 19° Durban: 12° | 17° Johannesburg: 8° | 18° Dar es Salaam: 23° | 28° Lusaka: 23° | 36° Harare: 19° | 32° Currency: GBP to NAD 23.14 | EUR to NAD 19.5 | CNY to NAD 2.47 | USD to NAD 17.54 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.2 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.98 | USD to AOA 926.34 | USD to BWP 13.22 | USD to EGP 48.48 | USD to KES 128.48 | USD to NGN 1653.74 | USD to ZAR 17.6 | USD to ZMW 26.41 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1813.42 Down -0.03% | Casablanca Stock Exchange (CSE) MASI 14088.04 Up +0.64% | Egyptian Exchange (EGX) 30 Index 30342.46 Up +0.61% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - 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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 553.18/OZ DOWN -0.0081 | Copper US$ 4.22/lb DOWN -0.008 | Zinc US$ 2 861.80/T DOWN -1.56% | Brent Crude Oil US$ 73.03/BBP DOWN -0.0124 | Platinum US$ 962.97/OZ DOWN -0.0179