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Capricorn’s stable outlook credit rating confirmed by GCR

WINDHOEK - Global Credit Ratings (GCR) has affirmed the national scale ratings assigned to Capricorn Investment Group Limited and Bank Windhoek Limited of AA (NA) and A1+(NA) in the long-term and short-term respectively; with the outlook accorded as stable. Furthermore, Global Credit Ratings has affirmed the long-term South African national scale (Rand) issuer rating of A+(ZA) assigned to Bank Windhoek Limited; with the outlook also accorded as stable.

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No bail for sexagenarian pending appeal

WINDHOEK - Acting Windhoek High Court judge, Ileni Velikoshi, last Thursday denied 66-year-old farmer, Willem Visagie Barnard, bail pending the finalisation of his appeal hearing on a conviction of murder and 10 year sentence for killing his wife at their farm in the Mariental district.