The Airlines Association of Southern Africa (AASA) has warned that if the latest leisure travel restrictions are maintained, southern Africa’s aviation industry and the region’s entire economy will face a much slower and arduous recovery.
Business
Opinion – Personal Finance 101: Key Concepts
Personal finance is a term that covers the planning and managing of one’s personal financial activities such as budgeting, saving, insurance, debt management and retirement planning to name a few
Virus delays Ongos Valley progress by four months…over N$150 million already invested in infrastructure
Ongos Valley developers, who aim to eliminate Windhoek’s housing crisis by constructing 4500 housing units during the first phase of the project, which runs util 2023, and up to 28 000 over a 15 to 20-year period, have admitted that the much-awaited development has been delayed by four months due to the Covid-19 outbreak and its associated lockdowns.
Opinion – The multi-billion-dollar online scam industry (Part 1)
Internet scam is a general term used to describe the use of internet services or software to defraud an unsuspecting victim for financial gain.
NamibRe celebrates 19th anniversary
Last month NamibRe celebrated its 19th anniversary of corporate existence.
FNB Namibia maximises reward earnings
As of October 2020, FNB customers will earn even more cash back with the FNB rewards programme, said Ryno Holland-Muter, Rewards Manager at FNB Namibia.
Threat of synthetics is an opportunity for diamond traceability
The Namibia Desert Diamonds (Namdia) General Manager of Sales and Marketing, Lelly Usiku, said the threat of synthetic diamonds has brought about an opportunity in the diamond industry to focus on the traceability of the precious stones to verify diamond origins from the mines to jewellery.
Power generation in Q2 recorded 24% deflation
The generation, transmission, and distribution of electricity in Namibia recorded deflation of 24% during the second quarter compared to an increase of 2.9% obtained during the same period a year earlier.
Looming cash crisis threatens air travel… global airlines lose almost N$5 million every minute
GENEVA – The International Air Transport Association (IATA) warned that the airline industry will burn through US$77 billion (N$1.2 trillion) in cash during the second half of 2020.
Opinion – Trust at the core of new world of banking
While the increasing pace of digitisation has been coming for decades, the Covid-19 pandemic unleashed changes that seemed unthinkable just a few months ago and compelled us to make rapid change – faster any organisation could imagine.