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      Growing concern over Angolan fuel smuggling at Oshikango

      Growing concern over Angolan fuel smuggling at Oshikango

      2018-11-19  Edgar Brandt
      WINDHOEK - The Ministry of Mines and Energy says it has noticed with growing concern the illegal activities taking place at the Oshikango border post in the Ohangwena Region where large amounts of illegal fuel are smuggled into the country for resale. Angolan petrol sells for just over N$6 per litre and diesel for about N$7.30 per litre compared to well over N$14 per litre in Namibia. 
      MTC unveils fibre internet and digital cloud

      MTC unveils fibre internet and digital cloud

      2018-11-19  Kuzeeko Tjitemisa
      CAPE TOWN – Mobile Telecommunications Limited (MTC), the country’s largest mobile operator, has launched a comprehensive fibre internet and digital Cloud computing service to spearhead digital transformation in the country.
      Slowdown in housing prices brings inflation down slightly

      Slowdown in housing prices brings inflation down slightly

      2018-11-16  Staff Reporter
      WINDHOEK - The Namibia Statistics Agency’s (NSA’s) latest Consumer Price Index and inflation rate estimates for the month of October 2018 indicate that the annual inflation rate slowed to 5.1 percent compared to 5.2 percent recorded in October 2017, registering a decrease of 0.1 percentage points. Based    on October 2018 price movements, the monthly inflation rate stood at 0.4 percent compared to
      Otavi Steel plant signs with Nedbank for N$2.7 billion project

      Otavi Steel plant signs with Nedbank for N$2.7 billion project

      2018-11-16  Staff Reporter
      WINDHOEK - Nedbank Namibia Corporate and Investment Banking (CIB) and Noric Otavi Steel Processing (Pty) Ltd this week signed an agreement for Nedbank to act as the lead arranger for the Otavi Steel Manufacturing Plant project in Otavi. According to the agreement, Nedbank will assist with the financial structuring of the project and facilitate the raising of both quasi-equity and debt capital for
      Mungunda bags IPM MD of the Year 

      Mungunda bags IPM MD of the Year 

      2018-11-16  Staff Reporter
      WINDHOEK - Vetumbuavi Mungunda, the Managing Director of Standard Bank Namibia, was awarded with the Institute of People Management’s MD of the Year Award at its recently concluded IPM Excellence Gala Dinner Awards. The glamorous event took place at Hilton Hotel in front of a packed audience on Tuesday.
      Owning a small business not for the faint of heart

      Owning a small business not for the faint of heart

      2018-11-15  Staff Reporter
      WINDHOEK - Running a small family business in Namibia is not for the faint of heart. Laurence Theron, born in Swakopmund and living in Walvis Bay, says it’s getting tougher for small and medium (SME)-size businesses to survive.
      Green showcases the best Namibia has to offer at AfricaCom

      Green showcases the best Namibia has to offer at AfricaCom

      2018-11-15  Staff Reporter
      WINDHOEK - Green Enterprise Solutions (Green) this week once again attended Africa’s largest Telecom Conference in Cape Town. Green is the only Namibian company to be an exhibitor with its own stand at this pan-African event.
      NWR pays N$60 million of DBN loan

      NWR pays N$60 million of DBN loan

      2018-11-15  Kuzeeko Tjitemisa
      WINDHOEK - Namibia Wildlife Resorts (NWR) has to date paid N$60 million in interest to the Development Bank of Namibia (DBN), as interest on the N$120 million loan the company borrowed in 2006, Managing Director Zelna Hengari said.
      Bank Windhoek rewards top coastal Estate Agents

      Bank Windhoek rewards top coastal Estate Agents

      2018-11-14  Staff Reporter
      WINDHOEK - J&B Estates was awarded as the Top Estate Agency for the Coastal Region at the recently concluded Bank Windhoek Coastal Estate Agents Awards ceremony hosted in Walvis Bay.