Fraud risk assessment
In my previous articles, I discussed some of the measures available to combat white-collar crime. This week, I will deal with how to assess or evaluate an organisation’s exposure to that crime as well...
View ArticleICT gives the edge - Ngatjizeko
Industrialisation, Trade and SME Development Minister, Immanuel Ngatjizeko, says the ability of an economy to enhance the productivity of its industries, by actively leveraging information...
View ArticleNedbank Namibia scoops record property finance deal
At Nedbank Namibia, we are living by our slogan of ‘Make Things Happen’ after recently securing the biggest property development deal in our history.Read More ...
View ArticleCuts, cuts and more cuts
The Windhoek Observer (WO) sat down with Minister of Economic Planning and National Planning Commission Director General, Tom Alweendo (TA), to discuss the state of the economy and its impact on...
View ArticleMeatco tallies Okapuka losses
The eight-week closure of Meatco’s Okapuka feedlot is estimated to have cost the company in excess of N$40 million, before it was reopened on Tuesday by the Ministry of Agriculture, Water and...
View ArticleBoN defends Credit Agreements ActEric
The Bank of Namibia (BoN) has defended the recently amended Credit Agreements Act amid concerns that the Act might not be the right tool to stabilise Namibia’s foreign reserves.Read More ...
View ArticleOryx on N$160m property expansion drive
Oryx Properties is set to invest over N$160 million in renovations and additions to its properties around the country, as the company seeks to stay ahead of its competitors.Read More ...
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Coca-Cola’s water headache intensifies
Beverage maker, Coca-Cola Namibia Bottling Company (CCNBC), has resorted to trucking in water from sources outside Windhoek, to augment its operational requirements, as the imposed water restrictions...
View ArticleBoN revises growth estimates
The Bank of Namibia (BoN) has revised the country’s growth projections, with the domestic economy now only expected to grow by 2.5 percent in 2016, before accelerating to 4.0 percent in 2017, from...
View ArticleFNB’s green building part of PLANET strategy
FNB Namibia says its investment in the construction of an ultra-modern headquarters in Windhoek’s central business district which received the official 4 star “best practice” Green Star SA...
View ArticleTrustco secures N$113.5m loan
Trustco Group Holdings (TGH) has inked an N$113.5 million European Investment Bank (EIB) credit facility to finance small businesses and entrepreneurs in the country.Read More ...
View ArticleBoost for Namibia as KLM jets in
Representatives of KLM Royal Dutch Airlines, which touched down on its maiden flight to Hosea Kutako International Airport (HKI) on Monday afternoon, says they are excited about the profit prospects...
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Indecisive Namcor finally goes retail
In a surprise turn of events, the National Petroleum Corporation of Namibia (Namcor) has announced that it will be going retail after all, with the company set to invest over N$50 million into the new...
View ArticleTBWA speaks adaptation, innovation
TBWA’s Director of Africa Operations Graham Cruikshanks says advertising agencies need to adapt to changing global economies if they are to survive.Read More ...
View ArticleAppreciating our elderly
A basket full of goodies, a gift of appreciation, an extension of gratitude to highlight just how special they are, is the gospel we at Nedbank Namibia are preaching at Old Age Homes within our...
View ArticlePresident sets the tone for investors
President Geingob has reiterated his earlier call that businesspeople seeking appointments with him to discuss business plans or tenders should stop such practices.Read More ...
View ArticleFNB sees growth at 1.3pct
FNB Namibia projects the local economy will only grow by 1.3 percent this year, much lower than the latest Bank of Namibia estimates of 2.5 percent.Read More ...
View ArticleRegulatory headaches for FNB, EBank
The planned decision by FNB Namibia to operate its banking unit and EBank as two separate entities when its proposed acquisition of the latter is approved by regulators could prove a costly and...
View ArticleDr Lopes urges Namibians to be more resilient
Former United Nations Economic Commission for Africa (UNECA) Executive Secretary, Carlos Lopes says Namibia needs to cushion itself from the impact of the South African economy which is currently...
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NamPort plans EBHN takeover
Ports operator, NamPort, is set to take full control of the operations of Walvis Bay based ship repair company, Elgin Brown & Hamer Namibia (EBHN), in a deal which is subject to regulatory...
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