Business

Home Business
Nedbank uncovers oil and gas financing connections
Post

Nedbank uncovers oil and gas financing connections

Nedbank Namibia recently hosted another successful evening of industry discussions, this time bringing together an inspiring cohort of industry leaders and government officials in the oil and gas industry.  The engagement served as a platform to cultivate collaborations among regional neighbours, government entities and Namibia’s major oil and gas industrial sectors, allowing them to discover...

Sanlam expands footprint in northern Namibia
Post

Sanlam expands footprint in northern Namibia

Sanlam has opened two branches at Eenhana and Omuthiya in northern Namibia, and this marks a significant milestone for the company as it expands its reach and services to better serve all communities in the country.  “These new branches are a testament to Sanlam’s commitment to providing top-notch insurance and financial solutions tailored to meet...

Namibia Dairies provides financial support to farmers 
Post

Namibia Dairies provides financial support to farmers 

Recognising the current trading environment and the considerable strain posed by the ongoing drought, Namibia Dairies stated it remains committed to supporting partners in theindustry to the best of its ability.  As such, the company is implementing a supplementary winter levy to support dedicated dairy farming partners during the challenging season. The company yesterday said...

Public-private partnerships can boost job-hunting … working together can lower financial burden on job-seekers – Indombo
Post

Public-private partnerships can boost job-hunting … working together can lower financial burden on job-seekers – Indombo

By adopting prescribed practices, government and employers can make a difference to create a more efficient and cost-effective job-seeking environment, benefitting both businesses and job-seekers. Executive director in the labour, industrial relations and employment- creation ministry Lydia Indombo said government, through the ministry, launched the Namibia Integrated Employment Information System (NIEIS) to facilitate the job-matching...

China probes EU foreign subsidy investigations
Post

China probes EU foreign subsidy investigations

BEIJING – Beijing said yesterday it is kicking off a formal probe into EU practices after the bloc launched an anti-subsidy investigation of a range of Chinese transport and green energy firms. Trade tensions between Beijing and Brussels have spiralled in recent months, with the European Union taking aim at China’s support for its renewables...

Thieme receives Forbes leadership award
Post

Thieme receives Forbes leadership award

Sven Thieme, the executive chairman of the Ohlthaver & List (O&L) Group, was awarded the Forbes Best of Africa Outstanding Corporate Leadership Award at a recent ceremony held in Lisbon, Portugal. This recognition highlights Thieme’s exceptional leadership, commitment to excellence, and dedication to fostering sustainable growth and development in Namibia.  The Forbes Best of Africa...

August 26 Manufacturing empowers local youth
Post

August 26 Manufacturing empowers local youth

August 26 Manufacturing has commenced its first-ever apprenticeship programme to empower Namibian youth.  The programme encouraged youth from different backgrounds to apply, including individuals from marginalised communities as well as women.  The apprenticeship aims to provide essential skills in clothing production.  This initiative combines practical on-the-job training with classroom instruction to equip young people with...

Nam, Bots trade hits N$20 billion
Post

Nam, Bots trade hits N$20 billion

WALVIS BAY – Namibia Chamber of Commerce and Industry (NCCI) president Bisey /Uirab said Botswana is one of Namibia’s most important trading partners, as the trade value between the two countries amounts to N$20 billion. He was speaking at the Swakopmund International Trade Expo (SWAITEX) that ended this weekend. He also highlighted the significance of...

Moody’s downgrades Kenya debt rating 
Post

Moody’s downgrades Kenya debt rating 

NAIROBI – Moody’s has downgraded Kenya’s debt rating further into junk territory, and warned the outlook was negative after a wave of protests led the government to abandon proposed tax hikes. President William Ruto, facing the most serious crisis of his near-two-year presidency, last month scrapped a finance bill aimed at replenishing government coffers and...

TransNamib meets N$2.6 billion funding conditions
Post

TransNamib meets N$2.6 billion funding conditions

National rail and freight operator TransNamib has been given the green light to upgrade its outdated locomotive fleet.  This is after the historically financially-beleaguered transportation parastatal this week stated it successfully adhered to conditions for access to N$2.6 billion in secured funding.  It is hoped this significant financial boost, acquired from the Development Bank of...