Business

The Namibia Civil Aviation Authority (NCAA) in its 2020/2021 annual report states that revenue from the aviation industry remained minimal with overall revenue recorded during the period ended March 2021 down by 83% compared to the previous year.

Visitors to the once popular retail outlet in Windhoek’s central business district (CBD), Town Square, are now faced with a shopping centre that has been all but abandoned by the host of retailers that once thrived there.

Namibia, although hugely rich in natural resource endowment is challenged by expanding its industrial capacity in the country. These challenges are soon to be overcome by its policy discourse on green hydrogen and fourth industrialisation revolution (4IR) initiatives.

Last February, Paratus announced that it had entered into an agreement with Google to be the landing partner for the Equiano cable in Namibia. 

Bank Windhoek recently installed three new cash- accepting Automated Teller Machines (ATMs) at its branches in Walvis Bay, Swakopmund, and at an agency in Henties Bay. Walvis Bay now has two cash-accepting ATMs. 

Namibia, Kenya, Botswana, Rwanda and Ghana need rules of origin that will allow participation and further development of the automotive industry by new players in the sector.

Money impacts every relationship we have. Whether it’s within the family, amongst friends or in intimate relationships.

The Government Institutions Pension Fund (GIPF) has invested over N$20 million in a housing development by Beucorp Group, through Koningstein Capital Investment Property Fund.

Minister of agriculture Calle Schlettwein this week officiated the launch of the pilot electronic voucher (e-voucher) system for the Build Back Better urban agriculture programme.

Johannesburg Stock Exchange-listed South African technology company 4Sight has confirmed it will be extending its presence and making available all the group’s technology offerings in Namibia, officially expanding the 4Sight regional office in Windhoek.