2018-11-16Staff 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 View more
2018-11-16Staff 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 View more
2018-11-16Staff 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. View more
2018-11-15Staff 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. View more
2018-11-15Staff 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. View more
2018-11-15Kuzeeko 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. View more
2018-11-14Staff 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. View more
2018-11-14Staff Reporter WINDHOEK - Last week the FirstRand Namibia Foundation Trust handed over 10 refurbished computers to the Eldorado Secondary School. Principal Salwa Khedr said most of the computers will be used to increase learner intake in the ‘office practice’ subject, while two will be used in the school library. View more
2018-11-14Staff Reporter WINDHOEK – A team from the International Monetary Fund (IMF) that visited Namibia at the beginning of November are of the opinion that a gradual recovery is imminent from the recessionary phase experienced in economy. View more
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