Blister copper remained Namibia’s largest export commodity during December 2021, accounting for 34.4% of total exports mainly destined to China.
Business
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Oryx improves liquidity
The latest annual report from Oryx Properties Limited and its subsidiaries for the end of the 2021 financial year shows overall liquidity improved by 144% from N$108 million in 2020 to N$264 million.
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Opinion – Is it necessary to have both Life and Funeral Insurance?
It is important to understand the role that Life and Funeral Insurance plays in our financial planning. Primarily, Life and Funeral Insurance caters to different needs.
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French delegation hails Namibia’s business environment
A French business delegation from T&T Corporation that visited Namibia in January 2022 to explore potential industries for investment has hailed the country’s business environment as attractive. The delegation was led by Namibia’s ambassador to France, Albertus Aochamub.
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Eos Capital acquires stake in Cherry Irrigation
The Euphrates Agri fund, managed by Eos Capital, a Namibian private equity firm with N$1 billion in assets under management, has acquired a minority stake in the Namibian business of Cherry Irrigation for an undisclosed amount.
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Sinimbo: Informal traders can’t be overlooked
Deputy minister of industrialisation and trade, Verna Sinimbo last week undertook a visit to informal traders in Windhoek’s Samora Machel constituency to investigate how informal traders were reverting to normality after the devastating impact of Covid-19 and its associated lockdowns.
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Local banks clarify balloon payments
Local commercial banks have been offering prospective clients the option to use a balloon payment option as part of their instalment sales possibilities when purchasing a vehicle.
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Namibian trade increased by close to N$30 billion in 2021
Namibia’s trade activities increased significantly for the period of January to December 2021 when compared to the same period of 2020.
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WBCG throws weight behind Katima logistics hub
The Walvis Bay Corridor Group (WBCG) says it is in full support of the establishment of a fully-fledged logistics hub at Katima Mulilo as this aligns perfectly with Namibia’s Logistics Hub Master Plan, of which the WBCG is the executing agency.
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Old Mutual to host Skenjana on the next Fireside Chat
Lindelwa Skenjana, the author of The Black Girl’s Guide to Corporate South Africa, will be the guest speaker at the second Old Mutual Fireside Chat, scheduled for 25 February 2022. Skenjana will be engaging with Old Mutual Brand Manager Mauriza Fredericks in this virtual event and will touch on how her book, which shares insights of black women at various stages of their careers, assist women to