Business

The Central Procurement Board of Namibia (CPBN) has labelled allegations of misconduct in awarding a contractor for the Omburu solar energy plant as “baseless, devoid of any truth” and “rejected with the contempt that it deserves”. 

The composite index of beverages, consisting of alcoholic and non-alcoholic beverages, recorded 79.5 basis points in August 2020, which is a decrease of 6.7% points and 44.3 percentage points when compared to July 2020 and August 2019, respectively.

The current global economic downturn due to the Covid-19 pandemic, climate change and climate variability has negatively impacted economies around the world, and Namibia is no exception. 

In many countries, Cybercrime is starting to overtake physical crime both in terms of incidents and losses.

Although we are inclined to look at our finances with a long term view, your financial situation should be comprised of many smaller goals, decisions, and activities that are easier to manage. 

The Environmental Investment Find of Namibia (EIF) recently received a certificate of merit and was among the most decorated institutions at this year’s Karlsruhe Sustainable Finance Awards & Certification Ceremony, which was held at the Achat Hotel in Karlsruhe, Germany on 30 September 2020. 

Debmarine Namibia is adamant its business can provide a strong base for economic growth in Namibia.

The Monetary Policy Committee (MPC) of the Bank of Namibia has decided to keep the Repo Rate unchanged at 3.75%.

Namibia’s first telecommunications company, MTC, is leading the way in rural electrification.

The Government Institutions Pension Fund (GIPF) has confirmed the introduction of its incubation assets management programme, which commenced in 2019.