Business

WINDHOEK - In response to the Namibian government’s state of emergency declaration on the current drought affecting the country, with no relief for farmers in the short term, Capricorn Group and Capricorn Asset Management has followed in the footsteps of the Group’s flagship brand Bank Windhoek by making a contribution of N$200 000 to the Dare to Care Drought Relief Fund.

WINDHOEK - The Government Institutions Pension Fund (GIPF) has confirmed the Fund’s solution upgrade from the Horizon solution to the Document Management Solution (DMS).  

The Public Accountants’ and Auditors’ Board (PAAB) is a statutory board conceived by an Act of Parliament, the Public Accountants’ and Auditors’ Act No. 51 of 1951 (as amended).

WINDHOEK – Close to 300 people who willingly gave their money to self-proclaimed forex trader Michael Amushelelo and his associate Gregory Cloete (who were arrested on October 10, 2019) are now asking the Bank of Namibia to refund their ‘investments’.

WINDHOEK – Sanlam, together with their project partner Namibia Business Innovation Institute (NBII), confirmed the winner of the 2019 Sanlam Innovation Works project. Linda P Ndakolo of Linda P Creations emerged as the overall winner of the 2019 competition and walked away with a cash prize of N$25 000 to further invest in her business.

KAMANJAB – As part of expanding its footprint across the country and making banking services accessible to under-served communities, Standard Bank recently opened a new agency in Kamanjab in the Kunene Region.

With Black Friday fast approaching worldwide and its online equivalent Cyber Monday a few days later, the number of online deals during this time will far outnumber those available in stores.

WINDHOEK – Isabella Angihinka Tjatjara has been confirmed as the incoming commissioner of the Namibia Competition Commission (NaCC) and in fact already commenced her new duties November 01, 2019.

WINDHOEK – Following an announcement last week that government has shelved the Kudu Gas Power Plant project to consider cheaper sources such as renewable energy, the operator of the Kudu license BW Kudu has come out in defence of the development, saying the project “is alive and well”.

WINDHOEK - On Thursday, 14 November twenty-one Capricorn Group senior managers who took part in its maiden Senior Management Development Programme (SMDP) graduated in Windhoek. The graduates are from various departments within Capricorn Group and Bank Windhoek.