Business

Air Namibia has confirmed the resignation of its longest-serving spokesperson Paul Nakawa, who was head of corporate communications and stakeholder management. 

AMMAN – The International Air Transport Association (IATA) has called on governments in Africa and Middle East (AME) to implement testing as an alternative to quarantine measures when re-opening their economies. 

The Government Institutions Pension Fund (GIPF) has reassured its members and stakeholders that underlying companies and investments associated with fund manager, Baobab Capital, through its growth fund as a Special Purpose Vehicle (SPV), remain safe and sound. 

More than 97% of applications for credit relief, amounting to capital relief of about N$1.4 billion, received by Standard Bank of Namibia Holdings Limited (SBN) were approved for those clients impacted by Covid-19.

A true Namibian trailblazer in her own right, Nangula Uaandja was Namibia’s first black female chartered accountant and since then has amassed over 23 years’ experience in the auditing sphere.

President of the National Unity Democratic Organisation (Nudo), Utjiua Muinjangue, recently commented that a good road network is essential for every country and that road infrastructure is one of the most important public assets of any country.

The Namibian Stock Exchange (NSX) overall share price index fell to 900.32 by the end of the first quarter of 2020 and closed at 1306.36 points at the end of 2019, when compared with 1307.76 points at the end of 2018. 

Chantell Husselmann became the Country Senior Partner at auditing firm PwC at the beginning of July 2020.

The GIPF has distanced itself from an erroneous news report, which inaccurately reported that the fund, in partnership with the Grootfontein Constituency Office and the Grootfontein Municipality, built a house for a family and committed to paying the water and electricity bills of the owner.  

The outbreak of the Covid-19 pandemic has shattered global demand for luxury goods, including Namibian diamonds. Kennedy Hamutenya, CEO of Namibia Dessert Diamonds (NAMDIA) said in the last quarter of the financial year, in mid-January, the diamond industry was severely impacted by the outbreak of the pandemic.