Business

WINDHOEK - Minister of Industrialisation, Trade and SME Development Tjekero Tweya has cautioned that Namibians should do away with ancient and counter-productive practices that frustrates potential investors, inventors, innovators and anyone who has a brilliant idea that can make a positive difference in society and thereby catapult Namibia on a positive economic trajectory. 

The envisioned rapid economic transformation in line with vision 2030 towards a nation where every citizen is equally catered for, and with no prejudice to any of the classes in the society can be advanced through continuous and consistent success in the growth of small business sector in the country.

WINDHOEK – The free Public Talk held at Bank of Namibia last Friday was a sell-out success.  Blockchain Technology, Crypto Currency, FinTech and Cyber Security continue to be red-hot issues that are sure to draw a crowd and inspire a lively debate. 

WINDHOEK - Three ladies have taken it upon themselves to teach children aged five to 19 years about coding. Namibia Optimist Investment cc (NOI), in collaboration with the Namibia Business Innovation Institute (NBII), has created a platform for young Namibians to grasp the basics of coding. 

WINDHOEK - TransNamib has confirmed that it plans to sell off some of its non-core properties in order to support growth identified in its Integrated Business Strategic Plan (IBSP) for the next five years.

SWAKOPMUND - Minister of Finance, Calle Schlettwein says investment in road infrastructure requires significant resources hence sustainable funding models must be developed and prioritised to contain operations within the financial means at all times.

WINDHOEK - Hollard Namibia has confirmed the appointment of Johannes !Gawaxab (Chairman) and Dr Bernie Zaaruka as new independent non-executive directors. 

WINDHOEK – Singapore stock exchange listed International Cement Group (ICG) has expressed interest in acquiring a 100 percent stake in Schwenk Namibia (Pty) Ltd for US$104.4 million, which at the current exchange rate is slightly more than N$1.5 billion. Schwenk Namibia owns close to 70 percent of Ohorongo Cement and a 100 percent share of alternative fuel supplier, EFF. 

WINDHOEK – The global airline industry is reeling in shock following the tragic accident in which the Boeing 737 800 Max from Africa’s biggest and most successful airline, Ethiopian Airlines, crashed shortly after take-off on Sunday morning.

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