Namibia Post Limited (NamPost) and the French Development Agency (Agence Française de Développement (AFD) yesterday finalised a N$235 million loan facility to finance the growth of NamPost’s microfinance business through its PostFin subsidiary.
Business
Retrenched Hilton workers received full severance pay – GM
Despite more than 100 retrenched Hilton Hotel workers claiming they were frustrated by the refusal of the hotel to pay their final pay and severance packages, general manager Martin Voskamp yesterday said all workers have received what is due to them.
Namfisa calls for public input into Consumer Credit Policy
The Namibia Financial Institutions Supervisory Authority (NAMFISA) is calling on the public to provide input to the Consumer Credit Policy, which would ultimately guide the development of the country’s Consumer Credit Bill.
Ashikoto is Nedbank’s new chief operating officer
Victor Ashikoto has taken on a new role as the chief operating officer (COO) of Nedbank.
OPINION – Geingob’s philosophy of inclusivity is paying off
Like any other country in the world, Namibia is also dealing with the outbreak of Covid-19 and trying to alleviate what has become a pandemic.
Covid-19 intensified challenges for Namibia’s labour force – Nujoma
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.
HOPE Fund donates thermal cameras
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.
BIPA admits flaws, commits to reform
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.
NHE’s new housing project to yield 335 houses
The National Housing Enterprise (NHE) has launched a new housing development project across the country that will see it construct 335 houses.
Keetmans agricultural show cancelled
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.