Year: 2021

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RMB assists Ghana to issue Africa’s largest Eurobond
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RMB assists Ghana to issue Africa’s largest Eurobond

In Africa’s largest Eurobond issuance since the onset of the Covid-19 pandemic, Rand Merchant Bank (RMB), the corporate and investment banking arm of FirstRand Bank Limited, acted as joint lead manager and joint bookrunner (JLM), alongside other transaction parties, in the Republic of Ghana’s four-tranche Eurobond.

All drone operators in Nam need approval from NCAA
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All drone operators in Nam need approval from NCAA

Regardless of whether a drone takes off from a Windhoek backyard to catch the last glimpses of Namibia’s spectacular sunsets or if it is being used to take high-definition images of a construction site, flying any drone in the country means it is subject to the laws of Namibian airspace.

NamWater revenue up by N$52m
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NamWater revenue up by N$52m

NamWater revenue increased by N$52 million from N$1.624 billion to N$1.677 billion in the 2019/20 financial year, representing an increase of 3.2%. According to the corporation’s CEO, Abraham Nehemia, the overall financial strength of the corporation increased year-on-year, as the net equity position improved by 7%.

APP fights on in electoral court
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APP fights on in electoral court

The All People’s Party (APP) has returned to the electoral court in which it is seeking an order that would compel the Electoral Commission of Namibia (ECN) to allow them access to 57 ballots cast but reportedly rejected during the regional council election for Ndonga Linena constituency last year. 

Slow start to red line removal efforts
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Slow start to red line removal efforts

Government is experiencing challenges in implementing short-term resolutions taken at the second land conference in 2018, which is to precede the gradual removal of the controversial veterinary cordon fence, known as the red line.