WINDHOEK - The FirstRand Namibia Foundation Trust has handed over an amount of N$40 000 towards the Adonai Trust in Lüderitz. Rolandi Meyer, FNB Namibia’s Lüderitz Branch Administrator expressed her delight with the donation to be used towards financial literacy training for offenders from the Lüderitz and Keetmanshoop correctional services.
Business
Local ownership better for sustainability of mining industry – Alweendo
WINDHOEK – Minister of Mines and Energy, Tom Alweendo, yesterday revealed that some foreign investors in the mining industry view the issue of local mine ownership as an irritant or as something that can be wished away. However, Alweendo cautioned that this is a fallacy and a mistaken view.
Don’t fear the revolution … embrace it!
In previous columns I have written about the Fourth Industrial Revolution and I will continue to do so, as I believe it provides the solution to uplift Namibia and Africa as a continent. We can fully embrace new technology, innovations, cloud
Coetzee nominated as president of ISACA’s Windhoek Chapter
WINDHOEK - ISACA, previously known as the Information Systems Audit and Control Association, has selected the managing director of Headway Consulting, Jan Coetzee, as their new president. At the recent Annual General Meeting (AGM) held in Windhoek, Coetzee was chosen to lead the Windhoek Chapter of this leading-edge global association.
FNB Namibia merchants to accept UnionPay cards
WINDHOEK - FNB Namibia has confirmed that UnionPay cards are now accepted at all FNB Point of Sale terminals nationwide. UnionPay, also known as China UnionPay or by its abbreviation, CUP, is a Chinese financial services corporation headquartered in Shanghai, China, that provides bank card services and a card scheme in mainland China.
Give extended family members the funeral they deserve
People often joke about their own funeral and how they envision it to be. Some make extremely quirky requests they insist that their family members respect on the day they’re buried.
FirstRand Namibia Foundation donates N$1 million to drought relief
WINDHOEK - FNB Namibia, through the FirstRand Namibia Foundation Trust, last week donated N$1 million to the Dare to Care fund, which alleviates the plight of drought-stricken farmers.
Rossing’s revenue up 5%; reports N$166.5 million net profit after tax
WINDHOEK – Rössing Uranium Mine increased its production with 17 percent in 2018 as it produced 2 479 tonnes of drummed uranium oxide compared with 2017’s production of 2 110 tonnes. However, the total mined tonnes were 24 percent below production targets following a mining slowdown to curtail the impact of water supply interruptions.
Karatbars the latest pyramid scheme identified by Bank of Namibia
WINDHOEK – The Bank of Namibia (BoN) continues to clamp down on dubious financial schemes operating in the country which, more often than not, prey on vulnerable Namibians during tough economic times.
Development Budget: Erongo Region allocated more than N$1.2 billion for 2019/20
WINDHOEK – The total Development Budget for the Erongo Region for the 2019/20 financial year, as tabled by Finance Minister Calle Schlettwein in March, stands at N$1.268 billion. Thereafter, during the remainder of the Medium-Term