Business

WINDHOEK – Close to 300 people who willingly gave their money to self-proclaimed forex trader Michael Amushelelo and his associate Gregory Cloete (who were arrested on October 10, 2019) are now asking the Bank of Namibia to refund their ‘investments’.

WINDHOEK – Sanlam, together with their project partner Namibia Business Innovation Institute (NBII), confirmed the winner of the 2019 Sanlam Innovation Works project. Linda P Ndakolo of Linda P Creations emerged as the overall winner of the 2019 competition and walked away with a cash prize of N$25 000 to further invest in her business.

KAMANJAB – As part of expanding its footprint across the country and making banking services accessible to under-served communities, Standard Bank recently opened a new agency in Kamanjab in the Kunene Region.

With Black Friday fast approaching worldwide and its online equivalent Cyber Monday a few days later, the number of online deals during this time will far outnumber those available in stores.

WINDHOEK – Isabella Angihinka Tjatjara has been confirmed as the incoming commissioner of the Namibia Competition Commission (NaCC) and in fact already commenced her new duties November 01, 2019.

WINDHOEK – Following an announcement last week that government has shelved the Kudu Gas Power Plant project to consider cheaper sources such as renewable energy, the operator of the Kudu license BW Kudu has come out in defence of the development, saying the project “is alive and well”.

WINDHOEK - On Thursday, 14 November twenty-one Capricorn Group senior managers who took part in its maiden Senior Management Development Programme (SMDP) graduated in Windhoek. The graduates are from various departments within Capricorn Group and Bank Windhoek.

WINDHOEK – Namibia’s state-owned enterprises (SOEs) currently have assets of more than N$62 billion and generate an annual income of more than N$23 billion.

WINDHOEK - Capricorn Group and Bank Windhoek held a special breakfast for business partners and suppliers on Wednesday, November 20, 2019, at the Am Weinberg Hotel to engage with them as respected partners and stakeholders who contribute to the Group’s success. 

WINDHOEK - Air Namibia yesterday confirmed that it is scaling down its economy class on-board meal and beverage offerings on all flights of 2.5 hours or less, irrespective of the time of departure or aircraft type.