The 15th edition of the Ondjola Annual Sports Bash is set to take place in December, marking a significant milestone in promoting youth recreational outdoor sports across the country. This auspicious event will be held at the Ondjola settlement Iitananga in Omusati region, situated on the Okahao-Tsandi road. Over the past 15 years, the bash...
Namibia Dairies, a subsidiary of the Ohlthaver & List (O&L) Group, announced the successful conclusion of wage negotiations with the Namibia Food and Allied Workers Union (Nafau). This agreement, covering 1 July 2024 to 30 June 2025, applies to all permanent employees within the bargaining unit. Despite challenging economic and financial conditions, Namibia Dairies and...
O&L Leisure this week announced the successful conclusion of wage negotiations with a new agreement effective from 1 July 2024 being reached. O&L Leisure is a subsidiary of the Ohlthaver & List (O&L) Group. No details of the new agreement have been revealed yet as the group said it is still in the process of...
The Government Institutions Pension Fund (GIPF) has cautioned its members on a recent scam attempt. The fund has warned all its members, annuitants, spousal and children beneficiaries about a recent scam attempt advising GIPF clients to report to the fund’s offices to receive money. “The fund urges its members to be vigilant and protect yourself...
During their 14th Golf Fun Day held recently at the DPM Tsumeb Golf Club, Dundee Precious Metals Tsumeb successfully raised N$230 000. The event brought together 24 teams from leading institutions and industries for a day of friendly competition and community support. The teams teed off at 08h00, enjoying a full day of golfing excitement...
Namibia Dairies has commenced with its first export shipment to Zimbabwe, marking a significant milestone in the company’s history. The export not only represents a significant achievement for Namibia Dairies, but also aligns with its commitment to expanding its market reach, enhancing economic ties as well as caring for the communities it touches within the...
GAC Motor, a subsidiary of GAC Group, has entered southern Africa as it continues its global expansion. Founded in 2008, GAC Motor has rapidly grown into one of China’s leading vehicle manufacturers, boasting a workforce of about113 000, and earning a spot on the 2023 Fortune Global 500 list. In a significant move, GAC Motor...
GWM has introduced a pure beast, as the all-new Tank 500 Hybrid SUV offers a combination of elegance, advanced technology and exceptional off-road capability. This newest addition to the GWM line-up epitomises luxury, innovation and exceptional build quality. The Tank 500 is the latest in the series of new GWM vehicles to be introduced in...
Qatar Airways Group has acquired a 25% stake in southern Africa’s independent regional carrier, Airlink. The announcement is a continuation of Qatar Airways’ ambition to further develop operations across the African continent. This deal comes as both airlines seek to expand African services and passenger numbers. The investment in Airlink, which flies to more than...
Louis Potgieter, a senior financial analyst at the Namibia Financial Institutions Supervisory Authority (Namfisa), has been appointed to the International Association of Insurance Supervisors (IAIS) Accounting and Auditing Working Group (AAWG). The working group is tasked withmonitoring developments in international accounting auditing, financial reporting, valuation standards, and public disclosures made by insurers. By joining this...