Business

One can have a great idea but if no one knows about it, the idea simply does not exist, hence good marketing is pivotal to the success of any business.

The Final Feasibility Study (FFS) for the Trans-Zambezi Railway Extension from Grootfontein to Rundu and Katima Mulilo, which was commissioned by the works and transport ministry, has been completed. 

Local economist Robert McGregor believes government is spending money in the wrong places that will never translate into driving the economy forward. During an economic outlook discussion last week, he stressed the importance of utilising the development budget to drive long-term growth. 

The Ohlthaver & List (O&L) Group this week confirmed that Mokuti Etosha Lodge, a property of its subsidiary O&L Leisure, will undergo full renovations. As a result, the lodge will be closed from 22 March 2022 for a period of 12 to 15 months for the envisioned refurbishments to be completed.

The macroeconomic framework needs to be complemented by a range of reforms that are within government’s control.

4Sight Namibia, a division of JSE-listed South African technology company, 4Sight Holdings, recently launched its Namibian extension.

Execution is one of the heartbeats of any business productivity, yet it has proven to be a challenge for many institutions.

The majority of pilots of the now-defunct national airline had no choice but to accept contracting work outside the country when Air Namibia was forced into voluntary liquidation about a year ago.

When finance minister Iipumbu Shiimi tabled the 2022/23 national budget last week, he said the budget deficit is projected to reduce to about 5.6% of GDP in the coming financial year.

The mines and energy ministry last week confirmed the discovery of light oil in the Venus well of the joint venture between TotalEnergies (40%), QatarEnergy (30%), Impact Oil and Gas (20%) and the National Petroleum Corporation of Namibia (10%).