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NBL’s beer production in SA reaches peak

Namibia Stock Exchange listed brewer, Namibia Breweries Limited’s (NBL), beer production volumes in South Africa, have surpassed the 450,000 hectolitre mark, Managing Director, Wessie van der...

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Kraatz Internship Program takes in more NIMT students

Kraatz Marine this week reaffirmed its commitment to skills development in Namibia, with an announcement that it would be taking in nine students from the Namibia Institute of Mining and Technology...

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Building plan approvals hit 7-year low

IJG Securities says that only 231 building plans have been approved in the first two months of 2017, while only 48 structures were completed, which represents the lowest figures, over the period, for...

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New name, logo for Bank Windhoek Unit Trusts

Capricorn Asset Management this week officially renamed its Bank Windhoek Unit Trusts, to Capricorn Unit Trusts, while also unveiling a new logo to coincide with the name change.Read More ...

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Hamunime lives her passion at Standard Bank

At the age of 25, budding economist, Naufiku Hamunime, is already starting to make her mark, after joining Standard Bank as a fulltime employee a mere six months ago.Read More ...

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NWR awarded Diamond PMR Africa award

The Namibia Wildlife Resorts (NWR) was this week presented with the Diamond Arrow award by PMR.Africa, as the leading organisation in tourism and conservation enhancement in Namibia.Read More ...

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Govt cuts hit tourism operators

The latest FNB/FENATA Travel Index, released this week, shows that most local tourism operators have felt the impact of the country’s slowing economy on their respective businesses, particularly those...

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GIPF loses appetite for  financial stocks

The Government Institutions Pensions Fund (GIPF) has ruled out any further acquisitions in the local financial sector, following its surprise purchase last week of an additional 25 percent stake in...

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MTC applies to hike tariffs

MTC pre-paid and post-paid subscribers should brace themselves for tariff increases to all its packages, including its popular Aweh, NetMan, SmartShare deals, Connect packages, Mobiz packages and...

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Elite Windhoek university stalls

Plans to establish an elite, privately run university, with a capacity to accommodate 2,000 students in the Brakwater area of Windhoek, have apparently stalled, the Windhoek Observer can reveal.Read...

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Lawyers on the run

The Guardian Fund, which administers deceased estates on behalf of minor children, has lost N$6 million, after two lawyers who were entrusted with the administration of an estate converted the money to...

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FNB introduces renewable energy loan

FNB Namibia has introduced a Renewable Energy Loan to customers through which they will be able to purchase renewable energy products such as a solar geyser. The renewable energy loan will be in the...

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NWR re-opens refurbished Hobas Camp

Namibia Wildlife Resorts (NWR) has officially re-opened its Hobas Camp in the south after months of refurbishments. Hobas previously operated solely as a campsite, but with additional rooms, a...

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Agra wins four awards

Agra has been awarded four Professional Management Review (PMR) Awards. In a statement this week, the company said it had won the Diamond Arrow awards - the highest award - in the categories of seed...

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Bank Windhoek introduces GoPay Mobile Payment Solution

Bank Windhoek this week announced the introduction of GoPay, the bank’s unique mobile payment solution for fuel. Managing Director, Baronice Hans, said with over 80 fuel merchants signed up...

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GroupSave unites friends

In times of economic uncertainty, it is always comforting to know that you can depend on friends and family to assist you. That was the common message from Bank Windhoek’s GroupSave competition, which...

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O&L wins another solar plant tender

A joint venture between O&L Energy and Croniment Mining Power Solutions from Germany - OLC Solar Energy - has won a tender by electricity distributor, CENORED, to construct a 6,4 MegaWatt (MW)...

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Fuel levy rakes in N$1,5 billion from motorists

The National Energy Fund (NEF) administered fuel levy has collected N$1,5 billion from motorists since its inception in 2012, the Ministry of Mines and Energy has said. Motivating his ministry’s...

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FNB launches SME special fund

FNB Namibia has launched its N$100 million Macro, Small and Medium Enterprises (MSME) special fund, which is designed to cater for the financial and capital requirements of that particular sector....

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Cheque usage declines sharply

Statistics contained in the Bank of Namibia’s annual report for the financial year ended 31 December 2016, show a steep decline in the value and volumes of cheques issued during last year. A total of...

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