Business

WINDHOEK - The current recessionary economic environment appears to have aggravated the occurrence of fraudulent insurance claims being submitted by policyholders with criminal intent in their attempt to “ease their cash-flow situation”.

One of the challenges Anti-Money Laundering specialists face is employing a risk-based approach through the study and application of international trends, typologies, and recommendations to their specific regions.

WINDHOEK - Hollard Namibia and Pick n Pay have joined forces in opening up the very first in-store Hollard Business Office at the Wernhil Pick n Pay.

WINDHOEK - Horst Simon, Business Risk Officer at Capricorn Group Enterprise Risk Management (ERM) department, was nominated by an industry colleague in South Africa for the Africa Risk Management Award and at the Annual Awards Ceremony of the Institute of Risk Management South Africa (IRMSA).

WINDHOEK - The chairperson of the Meatco board convened a Meatco special members’ meeting on 1 November 2019.

WINDHOEK – Due to significant under-recoveries per product on the basic fuel price (BFP), it is estimated that the National Energy Fund will avail in excess of N$40 million in subsidies to spare consumers the burden of a fuel increase for November.

WINDHOEK – One of the main topics scheduled to be discussed at the Construction Industries Federation (CIF) Construction Conference & AGM on  14 and 15 November  will be the establishment of a Namibian Construction Council, which is in line with the government’s commitment to have the council promulgated before the end of the 2019/2020 financial year.  

WINDHOEK - A barrage of squawks greets Albert Handunge every time he steps into his chicken coop. As the owner of Kona MH Supply cc, a poultry company based in Katutura, he beams. Seeing his chickens with their laid eggs reminds him of how, if supported locally, the poultry industry can boost job creation and ultimately eradicate poverty! 

WINDHOEK - World Savings Day or International Savings Day was established on 30 October 1924, during the first International Savings Bank Congress (World Society of Savings Banks) in Milan, Italy and was declared on the last day of the congress.

WINDHOEK - Sanlam officially bid farewell to its first set of formalised interns.