Business

The prevalence of Covid-19 has intensified numerous challenges for Namibians trying to earn a decent living and has exacerbated the vulnerability of key economic sectors, small and medium enterprises, as well as the informal economy. 

FirstRand Namibia HOPE (Health Optimisation in a Pandemic Emergency) Fund recently donated 15 fever screening thermal cameras to the value of N$1.4 million to the Ministry of Health and Social Services to strengthen government’s efforts of detecting any early infections, thereby taking speedy protective measures.

Chief executive officer of the Business and Intellectual Property Authority (BIPA), Vivienne Katjiongua, conceded that the authority’s online system is not as efficient as it was hoped to be.

The National Housing Enterprise (NHE) has launched a new housing development project across the country that will see it construct 335 houses.

The Keetmanshoop Agricultural, Industrial and Tourism Expo (KAITE) board has announced the unfortunate cancellation of their event slated for the first week of September this year due to the impact of the coronavirus.

The Bankers Association Namibia (BAN) on Friday confirmed that Letshego Bank Namibia has assumed the chair of the industry body.

Namibia Wildlife Resorts (NWR) board of directors has appointed Dr Matthias Mpareke Ngwangwama as the company’s substantive managing director. The appointment is effective as of 1 April 2020 for a tenure of five years.

The Sanlam Group yesterday reported solid results in the four months to 30 April despite challenging investment market conditions caused by the global impact of the coronavirus. 

A major player in Namibia’s fishing industry, Hangana Seafood, which is a subsidiary of the Ohlthaver & List (O&L) Group, recently completed the refurbishment of one of its vessels, set to depart on her first voyage next week.

BEE Biofuel’s owner, Bruce Salt, a Namibian entrepreneur, has stepped up to meet one of the principal needs during the global pandemic.