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Namfisa picks Hawanga to oversee capital markets
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Namfisa picks Hawanga to oversee capital markets

The country’s non-banking financial institutions and financial services’ watchdog has appointed Imanuel Hawanga as general manager for capital markets. The appointment by the Namibia Financial Institutions Supervisory Authority (Namfisa) is effective from 3 June 2024.  Hawanga holds a Master of Science in International Banking and Finance degree from the University of Salford, Manchester, a postgraduate...

Inflation eases more rapidly than expected – SS …easing in essential goods but rising costs for services and transport
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Inflation eases more rapidly than expected – SS …easing in essential goods but rising costs for services and transport

Stock brokerage Simonis Storm (SS) projects that with stable consumption spending, the domestic economy could experience a more balanced inflationary environment, which would in turn foster sustainable economic growth for the remainder of the year.  This is as the domestic annual inflation rate continues to ease more rapidly than anticipated.  SS has maintained its forecast...

PAP member states urged to unite 
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PAP member states urged to unite 

Noreen Sitali  THE official closing of the third ordinary session of the sixth Pan-African Parliament marked a unified occasion at the parliament’s headquarters in Midrand, South Afric, last week, as members reflected on Africa’s pressing issues for resolutions and recommendations.  Pan-Af r i can Parl iament president Fortune Charumbira urged member states to unite, and...

Nedbank uncovers oil and gas financing connections
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Nedbank uncovers oil and gas financing connections

Nedbank Namibia recently hosted another successful evening of industry discussions, this time bringing together an inspiring cohort of industry leaders and government officials in the oil and gas industry.  The engagement served as a platform to cultivate collaborations among regional neighbours, government entities and Namibia’s major oil and gas industrial sectors, allowing them to discover...

Sanlam expands footprint in northern Namibia
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Sanlam expands footprint in northern Namibia

Sanlam has opened two branches at Eenhana and Omuthiya in northern Namibia, and this marks a significant milestone for the company as it expands its reach and services to better serve all communities in the country.  “These new branches are a testament to Sanlam’s commitment to providing top-notch insurance and financial solutions tailored to meet...

Namibia Dairies provides financial support to farmers 
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Namibia Dairies provides financial support to farmers 

Recognising the current trading environment and the considerable strain posed by the ongoing drought, Namibia Dairies stated it remains committed to supporting partners in theindustry to the best of its ability.  As such, the company is implementing a supplementary winter levy to support dedicated dairy farming partners during the challenging season. The company yesterday said...

Public-private partnerships can boost job-hunting … working together can lower financial burden on job-seekers – Indombo
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Public-private partnerships can boost job-hunting … working together can lower financial burden on job-seekers – Indombo

By adopting prescribed practices, government and employers can make a difference to create a more efficient and cost-effective job-seeking environment, benefitting both businesses and job-seekers. Executive director in the labour, industrial relations and employment- creation ministry Lydia Indombo said government, through the ministry, launched the Namibia Integrated Employment Information System (NIEIS) to facilitate the job-matching...

China probes EU foreign subsidy investigations
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China probes EU foreign subsidy investigations

BEIJING – Beijing said yesterday it is kicking off a formal probe into EU practices after the bloc launched an anti-subsidy investigation of a range of Chinese transport and green energy firms. Trade tensions between Beijing and Brussels have spiralled in recent months, with the European Union taking aim at China’s support for its renewables...

Thieme receives Forbes leadership award
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Thieme receives Forbes leadership award

Sven Thieme, the executive chairman of the Ohlthaver & List (O&L) Group, was awarded the Forbes Best of Africa Outstanding Corporate Leadership Award at a recent ceremony held in Lisbon, Portugal. This recognition highlights Thieme’s exceptional leadership, commitment to excellence, and dedication to fostering sustainable growth and development in Namibia.  The Forbes Best of Africa...

August 26 Manufacturing empowers local youth
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August 26 Manufacturing empowers local youth

August 26 Manufacturing has commenced its first-ever apprenticeship programme to empower Namibian youth.  The programme encouraged youth from different backgrounds to apply, including individuals from marginalised communities as well as women.  The apprenticeship aims to provide essential skills in clothing production.  This initiative combines practical on-the-job training with classroom instruction to equip young people with...