After expressing interest to operate in Namibia, Elon Musk’s low earth orbiting satellite communication company Starlink has officially submitted its application to Namibian authorities.
Business
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Nedbank commends top performers
Nedbank Namibia held its annual employee Top Achievers Awards 2022 ceremony on Wednesday evening under the theme, ‘Celebrating the success of your rhythm in harmony’.
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Labour commissioner calls on annual returns
The labour ministry has called on all registered trade unions and employers’ organisations to submit their annual returns to the Labour Commissioner within six months after the end of their financial year.
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BP profit slumps on falling energy prices
British energy giant BP on Tuesday announced a drop in second-quarter net profit as oil and gas prices retreated from peaks reached a year earlier following Russia’s conflict with Ukraine.
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Namcor to address African Energy Week 2023
Namibia, an emerging exploration frontier in Africa, is filled with abundant opportunities for discovery, propelled by the influential role of its national oil company, the National Petroleum Corporation of Namibia (Namcor).
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BoE: UK lenders can withstand major shock
Britain›s top lenders have passed stress tests to show they can withstand major economic shock, even as rising interest rates pressure the financial system, the Bank of England said yesterday.
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Stock markets slump on higher US rate worries
Major stock markets slumped yesterday, with the biggest falls in Paris and Hong Kong, as investors fretted over the prospect of more US interest rate hikes and the risk to the global economy.
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Ondangwa trade fair reopens after Covid trauma
The Ondangwa Trade and Industrial Exhibition (OTIE) finally returned with a bang, and business is back better than ever. The trade fair was closed for the past three years due to Covid-19.
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MUN concludes wage agreement with Osino
The MineWorkers Union (MUN) and Osino Gold Exploration have concluded a wage agreement whereby all Osino employees within the bargaining unit earning a basic salary of N$6 000 and below will receive an increase of 8% on the basic wage.
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OATF exhibitors and visitors flock to annual fair
Thousands of people are braving the blistering heat of the north and continue to flock to the Ongwediva Annual Trade Fair (OATF), which has been on hold for the past two years due to the Covid-19 pandemic.