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Low interests claim Standard Bank profit
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Low interests claim Standard Bank profit

Acontinued weak economic environment coupled with the prevailing low interest rate environment due to Covid-19 impacted Standard Bank Namibia (SBN)’s results with profit after tax declining by 16.5% compared to the prior period. This is according to the bank’s interim financial statements for the six months ended 30 June 2021 released last week. 

City cautioned on anticompetitive practices
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City cautioned on anticompetitive practices

The Namibian Competition Commission has cautioned the City of Windhoek to offer access to essential infrastructure on equal terms and conditions, and in a non-biased manner, to all players in the Information, Communication Technology (ICT) industry.