The Olafika SME Development and Mentorship Programme, which kicked off on 1 July 2020 and is expected to run until April 2021 will see 155 entrepreneurs receiving virtual business training valued at N$1.8 million.
Business
African banks under pressure to accelerate digital transformation
The spread of the Covid -19 pandemic across Africa has seen a surge in digital payments and e-commerce transactions as financial institutions scramble to offer businesses and consumers contactless ways of spending, borrowing and lending, as well as making payments.
NHE halts construction to avail land to Twaloloka
The Namibia Housing Enterprise (NHE) has put the construction of 366 houses in Walvis Bay on hold and availed the land to the council for the decongestion of the Twaloloka informal settlement.
Katjaerua assumes the helm of the bankers association
Katjaerua has several years of experience at FirstRand Namibia, having been their group legal advisor/company secretary, heading up First National Bank of Namibia home loans department,
Fraudsters trying to cash in on pandemic
Fraudsters are using the Covid-19 pandemic as an opportunity to defraud unsuspecting and vulnerable members of the public out of their hard-earned cash.
Covid-19 business closures and cancellations
As the pandemic continues to wreak havoc on local business operations, head offices and branches of local institutions are forced to close down temporarily due to staff testing positive of Covid-19.
Ohlthaver & List Group goes international
Namibia’s largest private group, the Ohlthaver & List (O&L), has acquired the majority stake in Cronimet Mining Power Solutions GmbH, which is a German-based renewable energy project development focusing on engineering, procurement, construction, investment and asset management
Mining generated N$33.5 billion in 2019…of which N$4.8b went to govt coffers
The mining industry generated N$33.524 billion in 2019 with total revenue paid to government totalling N$4.803 billion, of which 10% was distributable cash.
Opinion – The face is the key
Covid-19 has caused major disruptions to our lives. From work, school, play to interacting and everything in between.
Impact of Covid-19 on African economies worsening…essential to expedite the safe restart
The latest data from the International Air Transport Association (IATA) confirms that the impact of Covid-19 on Africa’s aviation industry and economies has worsened sharply since the previous assessment in April.