Author: Staff Reporter (Staff Reporter )

Our previous article clarified the term “credit” and the scenarios under which banks grant it. This article is more detailed and explains how customers apply for credit and what banks look for before extending credit to their customers.

Speaking at last week’s launch of Auasblick Extension 1, which is a public-private partnership (PPP) between Sinco Investments and the City of Windhoek, Development Bank of Namibia (DBN) CEO Martin Inkumbi emphasised the importance of serviced land as a vital pillar for economic growth and activity.

The Government Institutions Pension Fund (GIPF) prudently invested member contributions of over N$90 million in the Rehoboth shopping centre in the Hardap region. 

Digital transformation is no longer a choice, but a necessity.  Over the past few years, the insurance industry has experienced tremendous change as various challenges erupted, such as declining economic conditions, which were worsened by the Covid-19 pandemic. 

Namibia has expressed its readiness and willingness to share information with Ethiopia on various farming systems practised in the country. 

Former African Union representative to the United States Arikana Chihombori-Quao and her delegation visited Namibia to establish the presence of African Diaspora Development Institute (ADDI) in Namibia.

Unwarranted political interference in the administrative operations of regional councils, poor services, cases of mismanagement as well as conflict between councillors and officials have prompted the Urban and Rural Development Ministry to amend the Regional Councils Act 1992 (Act No. 22 of 1992).

Ondangwa mayor Paavo Amweele has denied owning three erven in the town’s Onatsi informal settlement, which is meant for low-income earners.