2020-09-14Edgar Brandt The greatest health threat of a generation that has impacted every single economy in the world, the global Covid-19 pandemic, was the main reason that FirstRand Namibia’s profit before tax decreased by almost a quarter (23.7%), from N$1.58 billion in 2019 to N$1.21 billion this year. View more
2020-09-15Edgar Brandt Minister of Works and Transport, John Mutorwa, has cautioned that while there is a lack of funds for many important projects, particularly as the country faces the daunting challenge of the Covid-19 pandemic, this is no excuse for the dilapidation of crucial infrastructure. View more
2020-09-17Edgar Brandt A true Namibian trailblazer in her own right, Nangula Uaandja was Namibia’s first black female chartered accountant and since then has amassed over 23 years’ experience in the auditing sphere. View more
2020-09-18Edgar Brandt The Government Institutions Pension Fund (GIPF) has reassured its members and stakeholders that underlying companies and investments associated with fund manager, Baobab Capital, through its growth fund as a Special Purpose Vehicle (SPV), remain safe and sound. View more
2020-09-21Edgar Brandt WINDOKO – Likwambuyu wa Misebezi ni Linzila John Mutorwa, ufile mamela kuli nihakuna ni tokwahalo ya masheleñi mwakueza mapurojekiti abutokwa, sina naha haitalimana ni kakokwani ka Korona, hakuna libaka hala kusupala kwa miyaho. View more
2020-09-23Edgar Brandt Research conducted by Usuta Kavari, a Namibian economist currently furthering his studies in the United Kingdom, found that while microlending and payroll deductions improved the institutional environment that engendered financial deepening in Namibia, a need exists to improve compliance standards to ensure that consumers are protected and not put at risk of unscrupulous and predatory lending prac View more
2020-09-25Edgar Brandt Parliamentarians were this week given a glimpse of the total value of the state’s asset register, with finance minister Iipumbu Shiimi revealing the latest electronic register stood at N$11.9 billion inclusive of immovable and movable assets as at 16 September 2020. View more
2020-09-25Edgar Brandt The Namibian Employers’ Federation (NEF) yesterday said the Integrated Tax Administration System (ITAS) portal lacked guidelines for employers, which makes the system particularly unfriendly for users. View more
2020-09-29Edgar Brandt A proposed universal Basic Income Grant (BIG) for every Namibian can only be sustainably implemented if government finds the funds for the initiative from existing sources, as the country cannot afford to increase either the budget deficit or its public debt. View more
2020-10-02Edgar Brandt This drastic and unexpected economic slump on Namibian households is undeniable as many businesses closed, leaving many people unemployed and even more with significantly reduced salaries. View more
2020-10-05Edgar Brandt The Lewcor Group, a family-owned business headquartered in Okahandja, is now officially the new owner of Namdeb’s Elizabeth Bay Mine that has produced over four million carats between 1991 and 2018. View more
2020-10-06Edgar Brandt The global economy is expected to suffer a deeper contraction this year than previously thought, as the pandemic and lockdowns devastated markets before it recovers in 2021. View more
2020-10-09Edgar Brandt Ongos Valley developers, who aim to eliminate Windhoek’s housing crisis by constructing 4500 housing units during the first phase of the project, which runs util 2023, and up to 28 000 over a 15 to 20-year period, have admitted that the much-awaited development has been delayed by four months due to the Covid-19 outbreak and its associated lockdowns. View more
2020-10-12Edgar Brandt The Airlines Association of Southern Africa (AASA) has warned that if the latest leisure travel restrictions are maintained, southern Africa’s aviation industry and the region’s entire economy will face a much slower and arduous recovery. View more
2020-10-19Edgar Brandt The collapse of Namibia’s tourism industry as a result of Covid-19 and related lockdowns has forced the country’s foremost tourism entity, Namibia Wildlife Resorts (NWR), to embark on a voluntary retrenchment exercise. View more
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