Business

Internet scam is a general term used to describe the use of internet services or software to defraud an unsuspecting victim for financial gain.

Last month NamibRe celebrated its 19th anniversary of corporate existence. 

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.

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.

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.

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.

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.

Through the Southern African Development Community (SADC) trade-related facility, the industrial upgrading modernisation plan (IUMP) is expected to inject around N$8 million into Namibia’s informal economy.

The Deputy Director of Policy and Regulations at the Bank of Namibia, Elifas Kamati, cautioned the public that they may lose their assets from financial institutions if they borrow money to partake in the now common illegal financial schemes.

Covid-19 brought many activities in the world to a standstill and had many negative effects on various business operations.