Elevated living costs are expected to weigh on consumer demand, which in turn will impact the affordability for new building loans resulting in a further contraction of the construction industry. This is according to Simonis Storm (SS) stock brokerage which noted that post the pandemic, corporate mortgage loan growth trended down while household mortgage loan growth recovered steadily.
National
Opinion | Dealing with a narcissistic stakeholder
An organisation has various stakeholders. However, many stakeholders’ management theories failed to identify and classify a narcissist within a corporate setting. It has become important to identify and classify stakeholders according to their personality traits, as some personalities have a detrimental effect on an organisation’s culture, efficiency, and productivity. Moreover, several people are
Opinion | Being the go-to person
Have you ever been the go-to person for your friends, family, or coworkers? The one who always seems to have the answers, the solutions and the support they need?
Mandume Primary still in need despite renovations
The Mandume Primary School in the Ohangwena region considered itself fortunate when the Sheekuli family helped refurbish several classrooms.
TİKA donates to Dagbreek Resource School
Dagbreek Resource School, a renowned institution providing education to intellectually-challenged learners, last week received a generous donation from the Turkish Cooperation and Coordination Agency (TİKA). The donation, comprising essential educational equipment, woodwork tools, tables and chairs, is aimed at empowering learners with valuable skills.
Kunene police HQ construction stuck at 75%
Construction works of the state-of-the-art Kunene regional police headquarters in Opuwo are nearing completion at 75%, with the remaining 25% set for completion before January 2024.
ECB’s increase to further fuel inflation fire…as NamPower is granted 8.97% tariff increase
Struggling Namibian consumers barely dealing with rising debt levels, inflationary pressure and dwindling disposable income now have to deal with another price hike that will certainly fuel an increased cost of most other goods.
Keetmanshoop by-election reaches fever pitch
A commotion on Friday evening saw different political party members crowd the Keetmanshoop police station, accusing the police and the Electoral Commission of Namibia (ECN) of conniving.
Alleged killer cop gets judge
Windhoek High Court Judge Christi Liebenberg last week allocated the murder trial of a former senior police officer attached to the Women and Child Protection Unit in Keetmanshoop to Judge Dinnah Usiku, who is based at the Windhoek Central Prison.
Snakebite torments woman
Elizabeth Joseph (43) who was bitten by a snake in 2015, is urgently reaching out to the public for financial assistance.Despite social grants she receives from government, she appeals to good Samaritans to help in finding better medical care so she can recover from excruciating pain.