Trustco Group Holdings plan to acquire an additional 11.35% stake in Legal Shield Holdings, expected to be completed by the end of this year. In a media statement issued this week, Trustco stated the proposed transaction, valued at close to half-a-billion Namibia dollars, will increase its stake in the legal insurance entity to over 91%. ...
Author: Staff Reporter (Staff Reporter )
GIPF to pensioners: Provide proof of life
The Government Institutions Pension Fund (GIPF) last week launched the Biometric Verification Mobile Application and Biometric Verification handheld devices in Okandjira, Ovitoto in the Otjozondjupa region. In a media statement, the fund noted that it strives to achieve service excellence for an exceptional stakeholder experience and interaction, solidifying its commitment to positively transform operations and...
Think tank member trumpets Swapo record
The ruling party has made significant strides in the development of Namibia and should be given another mandate to govern, a Swapo think tank member said at the weekend. Toini Sam, who was addressing the ruling party faithful of Moses |Garoëb in Windhoek East constituency, said Swapo’s record in education, health and infrastructure development should...
Miller, Krugel-Greef crowned 2024 national champions
Alex Miller and Anri Krugel-Greef were crowned the 2024 Nedbank Namibia National XCM champions last Saturday in Swakopmund. A total of 85 riders participated in the competition, which took place at Habitat Life Centre in Swakopmund. The winners earned rights to the cross-country marathon national jerseys, which means they will represent Namibia at international competitions...
Bossa to anchor new Maerua Mall development
The sub-contractors of the Maerua Mall development project last week hosted a roof-wetting event, bringing together sub-contractors, the main contractor Afrideca, the professional team, and client Oryx Properties. Heinrich Mohrmann, owner of AGA Cooling, shared: “While the roof isn’t fully complete, we felt it important to celebrate the progress so far, express gratitude to the...
Air Botswana’s Whk route faces delays
Air Connect Namibia has provided an update on the imminent routes into Windhoek‘s Hosea Kutako International Airport that have seen a delay in Air Botswana’s connection between Gaborone and Windhoek. Meanwhile, FlySafair and South African Airways (SAA) are on course to offer more connections on 22 and 27 October, respectively. In September 2024, Air Connect Namibia...
NUST, union agree on salary increase
Namibia University of Science and Technology (NUST) management and the representative union’s salary negotiations ended on a high note. After months of negotiations between the university’s management and the Namibia Public Workers Union (Napwu), as well as the Teachers’ Union of Namibia (TUN), the parties have agreed to increase staff salaries. The university, together with...
RMB strikes three-year partnership with Yellowstone Trails
RMB Namibia has entered a partnership with Yellowstone Trails which will run for three years and will see RMB become the official naming sponsor of the RMB Yellowstone Trails. “Along with a broader social commitment, RMB is a staunch supporter of family and family-oriented events (which RMB Yellowstone Trails offers); it believes in healthy bodies...
O&L rebrand accelerates to Mach 10 …ushering in a new era of technological excellence
The Ohlthaver & List Group (O&L) has rebranded Dimension Data Namibia to Mach 10, marking a significant milestone in the Namibian information communication technology landscape. According to the group, the 100% acquisition of Dimension Data Namibia by O&L and the birth of Mach 10 signals not just a change in name but also a bold...
OLAF: Promoting art through dance
The Otjomuise Live Arts Festival (Olaf) has been transforming the city’s cultural landscape through the universal language of dance. Now in its fourth year, the edition started on Wednesday ending on Saturday and brought a variety of dance performances, workshops and interactive showcases to public spaces around the city. This year’s festival featured 14 diverse performances,...