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      SA’s technical recession means more domestic fiscal woes

      SA’s technical recession means more domestic fiscal woes

      2018-09-07  Edgar Brandt
      WINDHOEK – Local economic analysts have cautioned that South Africa’s technical recession could have serious implications for Namibia’s sovereign credit ratings recovery efforts, will in all likelihood exert increased pressure on already declining disposable incomes and is expected to result in decreased Southern African Customs Union (SACU) revenue which will mean more domestic fiscal constraints
      The role of leadership in curbing corruption and inequality

      The role of leadership in curbing corruption and inequality

      2018-09-06  Staff Report 2
      I would like to first thank the organisers of this event for their invitation for me to speak at this event this morning, where the topic of discussion is inequality in society. We all know that of late the issue of inequality has become topical globally.  
      Lutombi reappointed as Roads Authority CEO

      Lutombi reappointed as Roads Authority CEO

      2018-09-06  Staff Reporter
      WINDHOEK - The Roads Authority’s (RA) Board of Directors has confirmed the re-appointment of Conrad Mutonga Lutombi as the authority’s chief executive officer for a second term. The re-appointment, which is effective from October 1, 2018, for a 5-year period, was announced in a statement by RA Board Chairperson Brian Katjaerua. 
      Early signs of recovery in housing market

      Early signs of recovery in housing market

      2018-09-06  Staff Reporter
      WINDHOEK - FNB Namibia has released the housing index based on figures obtained from June 2018. According to FNB analyst Josephat Nambashu, although house prices increased by 0.8 percent y/y in June, property prices remain under pressure, after a series of annual falls over the last nine months, to bring the average house price to just over N$1.2 million. “The continued drop in the economy and the
      Sectional Title  Act implemented to target defaulters - CoW

      Sectional Title  Act implemented to target defaulters - CoW

      2018-09-05  Edgar Brandt
      WINDHOEK - The City of Windhoek (CoW) recently announced the implementation of the Sectional Title Act of 2009 that requires owners of sectional titles to submit title deeds and related documents to the city by no later than September 30, 2018. A recent advertisement by the CoW in local newspapers warned that “failure to provide the required information by the due date will result in levying the v
      Namibian fuel up by 40c/l as prices approach global average

      Namibian fuel up by 40c/l as prices approach global average

      2018-09-05  Edgar Brandt
      WINDHOEK – At one minute past midnight last night motorists started forking out 40 cents a litre more on all petroleum products, bringing the price of petrol at Walvis Bay to NS12.95 per litre, diesel 500ppm to NS13.28 per litre and diesel 50ppm to NS 13.33 per litre. While the new fuel prices are astronomical for Namibians, these figures are still below but are fast approaching the current averag
      FNB celebrates female employees

      FNB celebrates female employees

      2018-09-04  Staff Reporter
      WINDHOEK - FNB Namibia held a breakfast celebration at the end August and Women’s Month under the theme ‘Grit and Perseverance.’ Elzita Beukes, Communications Manager at FNB Namibia said the purpose of the event was to celebrate female employees at FNB and to inspire them to be resilient even when times get tough. Speaking at the event, Nangula Kauluma, FNB Executive Officer: Premium Banking highl
      Young entrepreneur advises reinvesting in your business

      Young entrepreneur advises reinvesting in your business

      2018-09-04  Staff Reporter
      WINDHOEK – A Walvis Bay native spent two years in the United Kingdom on a working holiday, John Weber started out cleaning construction sites in the UK but always knew he would come back home. On his return, he held several jobs and eventually walked away from his last position to start his own business.
      Private sector credit extension increased for 13 consecutive months

      Private sector credit extension increased for 13 consecutive months

      2018-09-04  Staff Reporter
      WINDHOEK - The Bank of Namibia (BoN) recently released selected statistical data for July 2018 that indicates that accumulated private sector credit extension (PSCE) to businesses and individuals now amounts to over N$93 billion.