2018-12-13Edgar Brandt GENEVA - It is not only Namibia or the Hosea Kutako International Airport that is currently experiencing a major aviation infrastructure challenge as the International Air Transport Association (IATA) yesterday revealed that the industry, globally, is approaching an infrastructure crisis. View more
2018-12-13Edgar Brandt GENEVA - The International Air Transport Association (IATA) forecasts that African airlines are to make a loss of more than N$4.2 billion (US$300 million) in 2019, which is in stark contrast to the rest of the global airline industry that is anticipated to report a net profit of close to half a trillion Namibia dollars (US$35.5 billion) next year. View more
2018-12-18Edgar Brandt WINDHOEK - Third quarter trade statistics, released by the Namibia Statistics Agency (NSA) last week, show that the value of exports increased View more
2018-12-18Edgar Brandt GENEVA - The International Air Transport Association (IATA) forecasts that the global airline industry will realise a return on invested capital of 8.6 percent in 2019, which is quite similar to returns realised in 2018. View more
2018-12-19Edgar Brandt WINDHOEK – Management of local Edgar’s stores parent company, Edcon Namibia, is tight-lipped about any possible implications for the more than 40 stores in Namibia and around 700 full-time and part-time employees as the group fights for its financial survival in South Africa. View more
2018-12-19Edgar Brandt GENEVA – Developments within the drone or Unmanned Aerial Systems (UAS) industry, is moving at a rapid pace in multiple directions as service providers scramble to provide low altitude, high altitude, recreational and commercial drone services. And, according to the Head of Cargo Transformation at the International Air Transport Association (IATA), Celine Hourcade, Africa continues to lead the way View more
2019-01-16Edgar Brandt WINDHOEK - The annual inflation rate for December 2018 stood at 5.1 percent as compared to 5.2 percent registered in December 2017. On a monthly basis it decreased to -0.2 percent from 0.7 percent recorded in November 2018. View more
2019-01-17Edgar Brandt WINDHOEK – A disastrous ceiling collapse on Tuesday at the entrance of the Windhoek Country Club Resort and Casino (WCCR) has been attributed to strong winds. Fortunately, no staff members or guests were injured when the entire ceiling of the VIP drop-off area came loose and crashed onto the floor of the entrance at around 14h00. View more
2019-01-18Edgar Brandt WINDHOEK – Public transportation, both via road and air, is still readily available from Namibia to Zimbabwe despite the political and civil unrest that flared up in the southern African nation this week. However, while transportation companies say they are ready to drive and fly, most of the buses destined for Zimbabwe are practically empty and flights under-booked as travellers seem to be waitin View more
2019-01-21Edgar Brandt WINDHOEK – Minister of Industrialisation, Trade and SME Development, Tjekero Tweya, has called for an intensification of strategic alliances between Namibia and India to yield tactical outcomes fast-tracking industrialisation and prosperity for the two countries. View more
2019-01-22Edgar Brandt WINDHOEK – An ugly spat between a local company, Khomas Civil Construction (KCC), and an Italian company called the Enertronica Group (EG), is brewing as accusations and counter-accusations are being thrown about by the two entities. EG, last year erected a five-Megawatt solar power plant in the Erongo Region for which it employed KCC to complete specific construction work. View more
2019-01-24Edgar Brandt WINDHOEK - The only accrual-based stakeholders that managed to receive three consecutive unqualified audit opinions between 2014 and 2017 were the Erongo Regional Council and the Aroab Village Council. View more
2019-01-24Edgar Brandt WINDHOEK – Air Namibia is fighting tooth and nail to have an attachment order by a German court thrown out as it argues that the judgement by a Munich court in January 2015 remains enforceable only in Germany. View more
2019-01-25Edgar Brandt WINDHOEK – During 2018, the Ministry of Finance uncovered more corruption cases within its corridors compared to the previous year. Addressing his staff yesterday, Minister of Finance, Calle Schlettwein, revealed that while only six corruption cases were exposed in 2017/18, this year, the figure increased to more than double with 15 corruption cases discovered. View more
2019-01-25Edgar Brandt WINDHOEK – Following a 2018 study of the local automotive industry, the Namibian Competition Commission (NaCC) says the biggest concerns in respect of competition and market structure were found in the application of franchising in the vehicle retail market, more specifically the market for new vehicle sales, whereby one company is given exclusive rights by the franchisor to sell a certain brand i View more
2019-01-25Edgar Brandt WINDHOEK – Many Windhoek residents were flabbergasted when they received their January water bills from City of Windhoek which in no way resembled the average monthly usage. View more
2019-01-28Edgar Brandt WINDHOEK – After surviving negative economic growth for the last two years, the Minister of Finance expects the worst effects of the recession to be over but has cautioned that the prolonged slump still calls call for comprehensive and targeted actions by both government and the private sector despite the expectation of moderate growth in the Namibian economy this year. View more
2019-01-29Edgar Brandt WINDHOEK – A national workshop is planned in response to concerns raised regarding the operational efficiency of the Central Procurement Board as well as Procurement Policy Unit. View more
2019-01-31Edgar Brandt WINDHOEK – The Roads Authority (RA) yesterday said that more than N$250 million owed to Namibia Traffic Information System (NaTIS) does not have a direct impact on its operations but that all the collected outstanding fees will be channelled towards maintaining the country’s road network and the construction of new roads. This funding will be done via the Road Fund Administration, which falls unde View more
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