Letshego gets banking licence
Letshego Bank Namibia Limited has finally been granted a certificate of authorisation to establish a banking institution in Namibia, effective from Thursday.Read More ...
View ArticleNew power plants to add 20MW to national grid
The Electricity Control Board expects four new independent power producers (IPPs) to start supplying at least 20 MW of electricity to the national grid before the end of the year.Read More ...
View ArticleStalemate over Areva plant price tag
Negotiations between government and Areva Resources Namibia over the purchase of the Erongo desalination plant have hit a brick wall, after the Geingob administration rejected the miner’s US$200...
View ArticleNam, Bots water talks moves ahead
Botswana and Namibia are moving ahead with plans that will see the neighbouring country construct a desalination plant in the Land of the Brave, Agriculture Minister John Mutorwa has revealed.Read More...
View ArticleCabinet endorses new NamPower, Agribank bosses
New bosses are set to be appointed at power utility, NamPower and agricultural lender, Agribank, after Cabinet endorsed the preferred candidates submitted by their line ministries, the Ministry of...
View ArticleTourism can grow sustainably in a positive climate
As all of us are aware, tourism has grown into one of the biggest contributors to the GDP of many countries, including Namibia. Some countries, like Mauritius, base its entire economy on this sector....
View ArticleWhy should you be accredited as PR professional?
I was once asked by a colleague why I have Charted Public Relations Practitioner (CPRP) behind my name. I explained that it means that I am registered with the Public Relations Institute of Southern...
View ArticleVivo Energy gives away taxi
Vivo Energy Namibia, the company that markets and distributes Shell branded products in Africa, this week awarded a Toyota Ractis taxi to Immanuael Nangolo, following its recent ‘Win a Taxi’ promotion...
View ArticleLetshego Bank to cede big stake to locals
Letshego Holdings Namibia, the latest financial institution to be granted a banking licence by the Bank of Namibia, has laid out plans to cede at least 45 percent of its shareholding in Letshego Bank...
View ArticleNedbank set sights on NSX
(NSX), as part of its plans to comply with Bank of Namibia (BoN) regulations that at least 25 percent of its equity is held by locals. The banking concern, which is 100 percent owned by Nedbank South...
View ArticleNUST showcases container office
The world over, there has been an increase in the utilisation of shipping containers to deliver a quick solution to business space development, as well as assisting efforts to solve the global housing...
View ArticleInsurance to cover Dundee’s costs
Tsumeb based Dundee Precious Metals says its insurance will cover the cost to repair damage made to the refractory lining of the Ausmelt furnace following a power outage that was experienced last...
View ArticleBank Windhoek Holdings proposes name change
The Bank Windhoek Holdings (BWH) Board of Directors has proposed a name change for the listed entity to that of its ultimate holding company, Capricorn Investment Group Limited.Read More ...
View ArticleGIPF to service 10,000 erven
The Government Institutions Pension Fund (GIPF) is set to service10,000 erven across the country in the next four years, Chief Executive Officer David Nuyoma told the Windhoek Observer this week during...
View ArticleGovt eyes N$200m worth of FMD vaccines
Namibia is set to spend over N$200 million annually on foot-and-mouth disease (FMD) vaccine acquisition from Botswana’s Vaccine Institute (BVI), as the country moves to contain any future...
View ArticleNamibia’s default risks low - govt
Namibia remains one of the well run economies in the region, despite concerns of a ballooning international debt, depressed global commodity prices, slow economic growth, imminent water challenges and...
View ArticleNamWater and Areva heads for legal showdown
A legal battle is looming between NamWater and Areva, over the price of the water being pumped from the miner’s desalination plant outside Swakopmund, amid a persistent drought and imminent water...
View ArticleCredit law to bite vehicle sales
The amended Credit Agreements Act, which came into effect this week, is set to further mute consumer spending on moveable goods, local analysts have said.Read More ...
View ArticleAlly on the rise
My Republik founder and Leap Holdings Managing Director Ally Angula (AA) emerged as the winner of the Windhoek Observer Newsmaker Award in the Emerging Entrepreneurs category at a glittering ceremony...
View ArticleThree Lenses, One Focus warms hearts
Three photographers - Victoria Torii Ashipala; Anna Akwenda and Nathan Chituti - recently joined hands and raised funds with which they bought food and blankets for a children’s home in Gibeon.Read...
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