New Era Newspaper

Icon Collap
...
Business
      Tenure extended for Development Bank of Namibia CEO Martin Inkumbi

      Tenure extended for Development Bank of Namibia CEO Martin Inkumbi

      2018-09-10  Staff Reporter
      WINDHOEK - The Board of the Development Bank of Namibia has extended the tenure of CEO Martin Inkumbi for another five years. Inkumbi was initially appointed as CEO in 2013 following a period as Acting CEO in the wake of the departure of founding CEO David Nujoma.
      The 2018 Labour Force Survey is upon us

      The 2018 Labour Force Survey is upon us

      2018-09-10  Staff Report 2
      WINDHOEK - The Namibia Statistics Agency will be conducting its 2018 Labour Force Survey from the 16th September to 16th October 2018.
      Firstrand Namibia profit before tax down 3.8% to N$1.5 billion

      Firstrand Namibia profit before tax down 3.8% to N$1.5 billion

      2018-09-10  Staff Reporter
      WINDHOEK - FirstRand Namibia, previously FNB Namibia Holdings, says it produced a sound set of results for the year ended 30 June 2018, particularly because financial services entities, and especially banks’ earnings, are inextricably linked to the health of an economy which is currently facing challenging conditions.
      Motorists should brace for more fuel increases - Schade

      Motorists should brace for more fuel increases - Schade

      2018-09-07  Staff Reporter
      WINDHOEK – Following yesterday’s 40 cents per litre fuel increase for petrol and diesel, a local economist has cautioned motorists to brace for further increases. According to Klaus Schade, a Research Associate at the Economic Association of Namibia, more pressure can be expected on local fuel prices mainly due to the continued depreciation of the Namibian Dollar coupled with global oil supply unc
      SA’s technical recession means more domestic fiscal woes

      SA’s technical recession means more domestic fiscal woes

      2018-09-07  Edgar Brandt
      WINDHOEK – Local economic analysts have cautioned that South Africa’s technical recession could have serious implications for Namibia’s sovereign credit ratings recovery efforts, will in all likelihood exert increased pressure on already declining disposable incomes and is expected to result in decreased Southern African Customs Union (SACU) revenue which will mean more domestic fiscal constraints
      The role of leadership in curbing corruption and inequality

      The role of leadership in curbing corruption and inequality

      2018-09-06  Staff Report 2
      I would like to first thank the organisers of this event for their invitation for me to speak at this event this morning, where the topic of discussion is inequality in society. We all know that of late the issue of inequality has become topical globally.  
      Lutombi reappointed as Roads Authority CEO

      Lutombi reappointed as Roads Authority CEO

      2018-09-06  Staff Reporter
      WINDHOEK - The Roads Authority’s (RA) Board of Directors has confirmed the re-appointment of Conrad Mutonga Lutombi as the authority’s chief executive officer for a second term. The re-appointment, which is effective from October 1, 2018, for a 5-year period, was announced in a statement by RA Board Chairperson Brian Katjaerua. 
      Early signs of recovery in housing market

      Early signs of recovery in housing market

      2018-09-06  Staff Reporter
      WINDHOEK - FNB Namibia has released the housing index based on figures obtained from June 2018. According to FNB analyst Josephat Nambashu, although house prices increased by 0.8 percent y/y in June, property prices remain under pressure, after a series of annual falls over the last nine months, to bring the average house price to just over N$1.2 million. “The continued drop in the economy and the
      Sectional Title  Act implemented to target defaulters - CoW

      Sectional Title  Act implemented to target defaulters - CoW

      2018-09-05  Edgar Brandt
      WINDHOEK - The City of Windhoek (CoW) recently announced the implementation of the Sectional Title Act of 2009 that requires owners of sectional titles to submit title deeds and related documents to the city by no later than September 30, 2018. A recent advertisement by the CoW in local newspapers warned that “failure to provide the required information by the due date will result in levying the v