Business

All industries to shrink by over 6% in 2020 …contraction less severe compared to August projection

2020-12-14 Staff Reporter2

Opinion - Unearthing social responsibility in Namibia’s mining sector

2020-12-11 Staff Reporter2

SDGIF supports MSMEs with N$2.5 million

2020-12-11 Maihapa Ndjavera

Stabilising govt debt will improve Namibia’s rating – Fitch

2020-12-11 Staff Reporter2

Fitch Ratings this week affirmed Namibia’s long-term foreign-currency issuer default rating at ‘BB’ with a negative outlook.

Standard Bank’s Buy-a-Brick to register as a Trust

2020-12-11 Staff Reporter2

Plans are at an advanced stage by Standard Bank to transform its popular Buy-a-Brick initiative into a Trust to make it more sustainable and explore alternative cost-effective ways of constructing houses for shack dwellers.

Opinion - Growing relevance of the informal market – how can financial institutions remain relevant?

2020-12-09 Staff Reporter2

The economic landscape has evolved in recent times and is becoming increasingly characterised by changing consumer tastes and preferences around the consumption of goods and services, combined with a heightened level of entrepreneurial spirit, especially amongst women and youth in agriculture.

Tjombonde takes over the helm of NIP

2020-12-09 Staff Reporter2

The Board of Directors of Namibia Institute of Pathology Limited (NIP) has appointed Laura Kapenaurue Tjombonde as the new CEO of the Namibia Institute of Pathology Limited (NIP) for a term of five years, effective from 1 February 2021.

Banking industry liquidity increases to N$3.1 billion

2020-12-09 Maihapa Ndjavera

The overall liquidity of Namibia’s banking sector increased during October 2020. Liquidity balances held by commercial banks rose to an average of N$3.1 billion in October 2020 from N$2.2 billion at the end of September 2020.

E-commerce blossoms to include local products

2020-12-09 Staff Reporter2

In support of promoting local products and businesses, an online sales outlet called WindoMarket.com has developed an alternative to introduce local goods to the world of e-commerce by connecting buyers to verified and trusted sellers in Namibia and around the globe.

Namibia is one notch away from junk status – PDM

2020-12-09 Edgar Brandt

The Popular Democratic Movement (PDM) has cautioned that Namibia is one notch away from an international credit ratings category where interest on the country’s existing debt will rise sharply; government bonds will be worth less than junk and new bonds will be very expensive to issue.