Author: Maihapa Ndjavera (Maihapa Ndjavera )

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Development cash keeps TransNamib rolling
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Development cash keeps TransNamib rolling

After four years of running around to source funding, the national rail operator has finally secured a long-term loan of N$2.6 billion to implement its five-year business plan. This as TransNamib hits the track to profitability to plug its bleeding balance-sheet and stabilise its revenue. 

Slow economy concerns ECB
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Slow economy concerns ECB

Although the Electricity Control Board (ECB)’s financial position remains relatively sound, the institution’s levy income continues to decrease due to a significant slowdown in economic activities. This deterioration of economic activities remains a concern for ECB revenue in the future.