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...
View ArticleKraatz 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...
View ArticleBuilding 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...
View ArticleNew 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 ...
View ArticleHamunime 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 ...
View ArticleNWR 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 ...
View ArticleGovt 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...
View ArticleGIPF 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...
View ArticleMTC 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...
View ArticleElite 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...
View ArticleLawyers 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...
View ArticleFNB 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...
View ArticleNWR 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...
View ArticleAgra 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...
View ArticleBank 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...
View ArticleGroupSave 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...
View ArticleO&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)...
View ArticleFuel 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...
View ArticleFNB 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....
View ArticleCheque 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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