Business

WINDHOEK – Following serious allegations of interest rate discrimination by First National Bank in South Africa, the Bank of Namibia says it is not aware of any discriminatory rules applied on banking products by any local banking institution.

WINDHOEK – Air Namibia has confirmed the resignation of its Acting Executive Head, Adv Mandi Samson, who has tendered her resignation in order to pursue other opportunities.

WINDHOEK – The University of Science and Technology (Nust) this week hosted its annual career fair under the theme ‘Catalysing youth empowerment for the Fourth Industrial Revolution’.

WINDHOEK - Hangala Group, a diversified holding company wholly-owned and controlled by Namibians, this week announced the establishment of a Trust to hold shares in the company for the benefit of the company’s employees.

WINDHOEK – Paratus, the only Namibian telecommunications service provider to be active internationally, plans to invest a further N$114 million in local infrastructure during 2019.

WINDHOEK - Philip Chapman has been appointed as the new Executive Officer of FNB Namibia Commercial. In his new role Chapman will be responsible for FNB Commercial Banking, which includes, SME; Tourism; Agriculture; Franchise;

WINDHOEK - The Government Institutions Pension Fund (GIPF) has urged all annuitants such as pensioners, children and spouses that receive a monthly pension benefit from GIPF to visit their nearest GIPF office to register for Biometrics. 

WINDHOEK - Bank Windhoek, in partnership with Good Women Good Business (GWGB), will host two Jeans and Sneakers events; one in the North and the other in Windhoek.

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.