Business

Advanced… Quinten Potgieter, FNB Customer Strategy Manager, says the FNB App now allows customers to log their queries, suggestions, compliments and complaints.

Namibian transport and logistics companies are facing an uphill battle as they struggle to deliver essential goods from South Africa, such as food and medicine, whilst combating strict regulations, such as a mandatory quarantine, and their drivers being stigmatised as potential Covid-19 carriers due to frequently leaving the country.

Namibia registered a deficit on the current account during the first quarter of 2020, mainly due to deterioration in the merchandise trade balance.

Hartlief, a subsidiary of the Ohlthaver & List Group, has confirmed Gunther Ling, as its new, managing director (MD), effective as of 1 March 2020.

Bokomo Namibia has confirmed the acquisition of the sugar packaging and distribution business of Tongaat Hulett Namibia (THN), following approval by the Namibian Competition Commission.

The International Air Transport Association (IATA) urged governments in Africa and the Middle East (AME) to implement alternatives to quarantine on arrival that would allow economies to re-start while avoiding the importation of Covid-19 cases.

MTC recently launched customised MTC TikTok Data Bundles, available for postpaid and prepaid customers on *682# from as little as N$5 for a 800MB daily bundle.

Namibia seems to be on the cusp of a major technological revolution; suddenly we have apps for everything, online payment systems and we are catching up to technological advancement that other countries have had for years. 

With retrenchments being an absolute last resort for Namibia Breweries Limited (NBL), the impact of Covid-19 on the business operations and sales resulted in no wage increases being paid for the company’s 2021 financial year, while no bonuses will be considered during 2020.

The Bank of Namibia (BoN) has lowered the repo rate, a record of three times in the last four months since March 2020, in a bid to provide a much-needed relief from the adverse economic effects of the coronavirus pandemic.