Most customers would have heard about “credit in the form of a personal loan or overdraft” as part of their banks’ products or services. This article intends to help the public understand the forms of credit available credit and for which purposes credit is extended to a customer.
Author: Staff Reporter (Staff Reporter )
B2Gold production continues amidst labour dispute
B2Gold Namibia yesterday confirmed it is in possession of a valid Continuous Operations Permit in respect of the Otjikoto gold mine.
RioZim buys Lüderitz diamond mine
RioZim, the company that separated from Rio Tinto plc in 2004 to become a wholly owned Zimbabwean company, has reportedly purchased the Sperrgebiet Diamond Mine (SDM) which holds a combination of four onshore and offshore diamond mining licences in the restricted diamond areas around Lüderitz. SDM’s mainland-based operation is situated at Elizabeth Bay, about 40km south of Lüderitz.
Opinion – Consumer protection law: What is it protecting?
Consumer protection law are laws made to protect consumers from falsified business practices, defective products, deceptive marketing and dangerous goods and services.
Opinion – Expanding the remuneration pie without increasing the wage bill
It is no secret that the Namibian economy is experiencing and will continue to experience increased inflationary pressures. This is accompanied by anticipated price hikes for housing, utilities, food, and non-alcoholic beverages, as well as a consistent decline in the value of the Namibia dollar.
ICT minister kicks off national pride engagements
The Minister of Information and Communication Technology, Peya Mushelenga, this week kicked off regional engagements on the Nationhood and National Pride Programme in Katima Mulilo, Zambezi region.
Veterans in N$100m windfall… cash pay-out an ‘expensive obligation’
Government is expected to spend close to N$100 million this year on over 500 war veterans as part of the hard cash payout initially meant for income-generating projects.
22 fishermen return to Cavema
At least 22 of the 612, dubbed ‘Okapale fishermen’, who resigned in August, have withdrawn their resignations and are back on the payroll of the Cavema joint venture.
Forensic report objection delays Conradie trial
Opposition to a forensic report on the recordings made of local lawyer Dirk Conradie and his long-time friend Sara Damases caused a further delay in their long-running trial in the Windhoek High Court.
Booys trial moved to regional court
The prosecutor general has decided to arraign former National Council member Steve Biko Booys, who is accused of sexually violating his biological daughter, in the Windhoek Regional Court on one count of rape alternatively incest.