Business

WINDHOEK - Emerging managers are pivotal contributors to organisational performance and a vital link between frontline employees and the executive team in organisations as they are the backbone that sense and respond to various industry forces and drivers of a business to secure optimum performance.

WINDHOEK – Following an application from the national power utility, NamPower, the Electricity Control Board (ECB) approved a 2.5 percent tariff decrease, translating into an effective bulk tariff decrease from N$1.69 to N$ 1.65 per kilowatt-hour. However, the ECB has projected that consumer tariffs should remain at current levels based on inflationary impact as well as adjustments to distribution costs. 

WINDHOEK – The Frans Indongo Group officially launched its new Indongo Ford dealership at Oshakati recently. 
The dealership, which is the newest member of the Frans Indongo Group, opened its doors in Oshakati in 2018 to offer convenient service to people in the north. 

WINDHOEK – Namibia’s financial system remained resilient in 2018 despite subdued economic activity, a financial

Lüderitz – Seaflower Whitefish Factory on Friday launched it re-engineering project at Lüderitz, valued at N$57 million.
The project is part of the commitment by National Fishing Corporation of Namibia (Fishcor),  Seaflower Whitefish Factory’s state-owned parent company, to its strategic plan ending in 2021. 

SWAKOPMUND – Mines and Energy Minister Tom Alweendo says the discoveries of major oil reserves in Southern Africa will be of importance to Namibia, a country battling a volatile and challenging business environment, characterised by a slowdown in the economy. 

WALVIS BAY – Botswana President Mokgweetsi Masisi has described Namibia’s granting of dry ports to landlocked countries as an impressive move.

WINDHOEK - Last week Stanlib hosted their annual Asset Management Roadshow and presented invited guests and members of the media with various views and insights covering the political, economic and investment landscapes in Namibia and neighbour South Africa.

Recent statistics from NapoleonCat indicate that they were 579 300 Facebook users of which 220 000 were aged between 25 to 34 while they were 193 500 Instagram users of which 71 000 were aged between 18 to 24 as of March 2019 in Namibia.

WINDHOEK – The Government Institutions Pension Fund (GIPF) has confirmed the recent appointment of Desmond Nikanor as its Strategy and Projects Manager. Nikanor’s appointment is effective as of 01 April 2019.