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Menzies heads back to Supreme Court
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Menzies heads back to Supreme Court

After they were granted a one-month extension by the High Court to continue supplying ground handling services at Hosea Kutako International Airport on Tuesday, Menzies Aviation scored a victory yesterday when they were granted permission by the court to once again petition the Supreme Court. 

FNB assumes BAN chair
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FNB assumes BAN chair

FNB Namibia CEO Erwin Tjipuka recently took over the chairmanship of the Bankers Association of Namibia (BAN) at an event held last week. The responsibility of chairing the association rotates annually among the managing directors or chief executive officers of commercial banks in Namibia. 

Growth in domestic money decreases
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Growth in domestic money decreases

The total amount of money, comprised of cash, checking accounts, saving accounts and other types of deposits, in circulation in the domestic economy actually decreased from 9.9% year-on-year (y/y) growth in April 2023, to 7.7% y/y growth in May 2023. According to a Private Sector Credit Extension report