Business

WINDHOEK - The Ministry of Industrialisation, Trade and SME Development (MITSMED) has cautioned members of the public and especially entrepreneurs of an ongoing online fake press release that purports to have been issued by the ministry. 

The first of October 1989 marked the official opening of the Government Institutions Pension Fund (GIPF).

WINDHOEK - The Development Bank of Namibia (DBN) recently celebrated its 15th anniversary. Opened in 2004, the Bank has since contributed to a wide range of economic activities and socio-economic wellbeing through its finance.  

WINDHOEK - The Bank of Namibia has released a comprehensive report comparing different banking fees and charges by banking institutions in Namibia and Nampost Savings Bank as at 30 September 2019.

WINDHOEK - The current recessionary economic environment appears to have aggravated the occurrence of fraudulent insurance claims being submitted by policyholders with criminal intent in their attempt to “ease their cash-flow situation”.

One of the challenges Anti-Money Laundering specialists face is employing a risk-based approach through the study and application of international trends, typologies, and recommendations to their specific regions.

WINDHOEK - Hollard Namibia and Pick n Pay have joined forces in opening up the very first in-store Hollard Business Office at the Wernhil Pick n Pay.

WINDHOEK - Horst Simon, Business Risk Officer at Capricorn Group Enterprise Risk Management (ERM) department, was nominated by an industry colleague in South Africa for the Africa Risk Management Award and at the Annual Awards Ceremony of the Institute of Risk Management South Africa (IRMSA).

WINDHOEK - The chairperson of the Meatco board convened a Meatco special members’ meeting on 1 November 2019.

WINDHOEK – Due to significant under-recoveries per product on the basic fuel price (BFP), it is estimated that the National Energy Fund will avail in excess of N$40 million in subsidies to spare consumers the burden of a fuel increase for November.