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      Latest Fitch rating a confirmation for continued consolidation - analysts

      Latest Fitch rating a confirmation for continued consolidation - analysts

      2018-08-16  Edgar Brandt
      WINDHOEK - The latest assessment of the Namibian economy by international ratings agency, Fitch Ratings, on Monday affirmed a sub-investment grade rating of BB+ with a stable outlook. Local economists believe that this assessment is a confirmation for continued fiscal consolidation efforts, which have thus far been slow as government struggles to balance consolidation with adequate economic growth
      Namibian charcoal exports could increase to 200 000 tonnes by 2020

      Namibian charcoal exports could increase to 200 000 tonnes by 2020

      2018-08-15  Staff Reporter
      WINDHOEK - Charcoal production is an important activity for managing bush encroachment in Namibia. With an estimated 160 000 tonnes of export volume in 2016, Namibia is currently ranked as the fifth largest exporter of wood charcoal in the world, which also makes it the largest exporter of charcoal in the Southern African region.
      Namibia ranked 4th in SADC in terms of financial inclusion

      Namibia ranked 4th in SADC in terms of financial inclusion

      2018-08-15  Edgar Brandt
      WINDHOEK - The latest results from the Namibia Financial Inclusion Survey (NFIS) indicate that the country’s banking population increased to 67.9 percent in 2017, up from 45 percent in 2011. In addition, the majority of the eligible banking population, 64.7 percent, said they consider Automated Teller Machines the most comfortable banking channel followed by bank branches at just over 58 percent.
      Missing links persist in SADC’s energy infrastructure

      Missing links persist in SADC’s energy infrastructure

      2018-08-14  Edgar Brandt
      WINDHOEK - Member States of the Southern African Development Community (SADC) actually produce more electricity than they require at peak demand but because not all member states are connected to the regional electricity grid, this excess energy cannot be shared with member states that do not generate sufficient amounts of energy for their respective populations. When considering SADC’s current pe
      Ethiopian Airlines operating revenue up 43% in 2017/18 fiscal year

      Ethiopian Airlines operating revenue up 43% in 2017/18 fiscal year

      2018-08-13  Staff Reporter
      WINDHOEK - Ethiopian Airlines, Africa’s largest and fastest growing airline group, has registered record success in the just ended 2017/18 fiscal year. In line with its 15-year strategic roadmap, Vision 2025, the airline registered historical success in financial, commercial, operational and customer service areas.
      NSA to launch Namibia Financial Inclusion Survey today

      NSA to launch Namibia Financial Inclusion Survey today

      2018-08-13  Staff Reporter
      The Namibia Statistics Agency (NSA), together with the Bank of Namibia and FinMart, is launching the Namibia Financial Inclusion Survey today at the Namibia Institute for Public Administration and Management (NIPAM). This is a survey of how individuals generate their income and how they manage their financial lives. It also includes individuals’ engagement with the financial services sector as a w
      Enjoy a host of free benefits by joining the Inner Circle

      Enjoy a host of free benefits by joining the Inner Circle

      2018-08-13  Staff Reporter
      WINDHOEK - Standard Bank has relaunched its Prestige Account, which is uniquely tailored to meet the banking and lifestyle needs of young professionals. For only N$199 per month, Prestige clients receive a wide range of services, offered in a reliable, time efficient and convenient fashion, allowing them to bank anytime, anywhere, with no long waiting periods or long queues to delay them.
      SADC bemoans lack of financing for crucial infrastructure

      SADC bemoans lack of financing for crucial infrastructure

      2018-08-13  Edgar Brandt
      WINDHOEK - An overarching theme at yesterday’s Southern African Development Community (SADC) Secretariat briefing on infrastructure and services, which included an overview of regional renewable energy ventures, was the stagnation of crucial projects in the region, most of which require additional and alternative sources of funding.
      NDTC invests N$700 000 in Olafika SME Mentorship Programme

      NDTC invests N$700 000 in Olafika SME Mentorship Programme

      2018-08-13  Staff Reporter
      WINDHOEK - The Olafika SME Development Mentorship Programme is a promising program that seeks to take Namibia entrepreneurs from across the country’s 14 regions on a journey from rough to polished gems. This is the analogy of the Namibia Diamond Trading Company (NDTC), as a local company with a global reach, that...