Credit uptake by foreigners which makes up 6.5% of total private sector debt increased by 1,571.5% y/y and 0.6% m/m in October 2022, a report by Simonis Storm Securities reveals. The report notes that credit uptake by corporates which makes up 39.1% of total private sector debt grew by 3.1%Continue Reading

By Erastus Ngaruka As Namibian farmers eagerly anticipate a favourable rainy season as forecasted, however, the signs of climate change still linger. Every rainy season has become spatially and temporally unique in terms of its initiation, intensity, distribution, and duration. This means farmers need to continuously prepare for every rainyContinue Reading

As a major player in the country’s Corporate and Investment Banking space, RMB Namibia is committed to unlocking new opportunities in the Namibian aviation industry by providing innovative finance solutions. These were the sentiments expressed by Jason Shikalepo, RMB Namibia Head of the Investment Banking Division during a panel discussionContinue Reading

The Agra Group has attained net profit before tax of more than N$100 million for the 2021/2022 financial year, for the very first time, the company revealed at its recently held Annual General Meeting. At the meeting, Ryno van der Merwe, chairman of the Agra board of directors highlighted  theContinue Reading

With much anticipation, Namibia Breweries Limited (NBL), a subsidiary of the Ohlthaver & List (O&L) Group, has launched their latest responsible drinking campaign – “Take a Second” – designed and executed by full-service agency and fellow O&L subsidiary, O&L BrandX. The latest edition to NBL’s longstanding commitment to responsible drinking,Continue Reading