Development Bank of Namibia (DBN) has confirmed the settlement of DBN20, the first bond the bank issued under its N$2.5 billion Medium-Term Note Programme listed on the Namibian Stock Exchange.
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2020-09-242024-05-06Business
MultiChoice selects DPO Group as digital payments partner
MultiChoice Namibia has confirmed a strategic partnership with leading African payment service provider, DPO Group, to enable effortless payments for DStv and GOtv customers in Namibia via their integrated solutions.
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2020-09-242024-05-06Business
Low budget hampers agricultural development – Remmert
The main national-level issue that relates to policymaking and budgetary allocation is the fact that the agricultural sector does not attract enough investment nor has it received adequate government funding.
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2020-09-242024-05-06Business
Individual tax deadline extended to March 2021
The finance ministry yesterday confirmed the annual Individual Income Tax Returns deadline, which was initially extended to 30 September 2020, has been further extended to 1 March 2021.
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2020-09-242024-05-06Business
SACU Council ministerial retreat conducted virtually …renewed focus on industrialisation and trade facilitation
In a bid to promote social distancing and in light of ongoing international travel restrictions, the Southern African Customs Union (SACU) Secretariat virtually hosted the 4th SACU Council Ministerial Retreat on 21 September 2020.
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2020-09-232024-05-06Business
MultiChoice launches Enhanced Decoder Notification
MultiChoice Namibia has confirmed the launch of its Enhanced Decoder Notification (EDN) functionality, which aims to address communication issues for subscribers and takes the admin out of TV viewing so consumers can get back to being entertained.
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2020-09-232024-05-06Business
Perseverance pays off in the end for Aus bakery
KEETMANSHOOP – What started as a part-time hobby has developed into a well-established and fully-fledged bakery, providing fresh bread daily to residents of the Aus settlement.
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2020-09-232024-05-06Business
New loans contract for second consecutive year
The total number of new loans issued in the country as of 31 December 2019 contracted by 11% compared to the previous reporting year.
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2020-09-232024-05-06Business
Consumers must be protected from predatory lending
Research conducted by Usuta Kavari, a Namibian economist currently furthering his studies in the United Kingdom, found that while microlending and payroll deductions improved the institutional environment that engendered financial deepening in Namibia, a need exists to improve compliance standards to ensure that consumers are protected and not put at risk of unscrupulous and predatory lending practices.
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2020-09-222024-05-06Business
Local innovator’s device to improve rural network coverage
Namibian born Joshua Nghaamwa has created a device that many people believe is as an information communication technology (ICT) solution for the African continent at large.