Taxi drivers in Windhoek are concerned that their daily income dropped by as much as 60% during the past months due to the Covid-19 pandemic.
Business
Schwenk still wants to sell Namibian interests
Despite the rejection by the Namibian Competition Commission (NACC) of the proposed acquisition of Schwenk Namibia, which owns the majority shares in Ohorongo Cement, by West China Cement, Schwenk International in Germany has confirmed further interest to sell its Namibian subsidiary SCHWENK Namibia (PTY) Ltd.
Infrastructure investment crucial for economic revival – IMF
According to the International Monetary Fund (IMF), public infrastructure investment will play a key role in the ability for countries to recover from the pandemic.
Old Mutual provides support in Kavango East
Old Mutual delivered food parcels valued at over N$95 000 that will benefit 155 households in the Kavango East region.
International union steps in to support San conservancies
The Nyae Nyae and N#a Jaqna conservancies have received an International Union for Conservation of Nature (IUCN) Save our Species grant, funded by the European Union.
Shapange appointed as MD of Hangana Capital
Hangala Group has confirmed the appointment of Trofimus (Trophy) Shapange as the new managing director of Hangala Capital, effective from 1 October 2020.
Lack of funds delays constituency developments
Lack of constituency development funds has been identified as a barrier to development.
Insurance industry records N$12 billion in free assets
The insurance industry in Namibia has recorded N$12 billion in free assets to date.
Our chicken is RealGood – NPI
Tightened standards for food production have been enforced by governments to address growing concerns on consumer health.
Over 2 600 benefit from Old Mutual relief
OMUTHIYA - A total of 2 622 individuals have so far benefitted from Old Mutual Namibia’s Covid-19 relief fund meant to assist poor and vulnerable communities through the provision of food hampers.