The Bank of Namibia has announced the appointment of Dr Meshack Tjirongo, Adv. Eliaser Nekwaya and Peter Kruger as non-executive members of the Bank’s Board of Directors and the re-appointment of Ehrenfried Meroro as a non-executive board member. These appointments, in line with Section 9 of the Bank of NamibiaContinue Reading
Standard BanK Namibia has announced the appointment of Kerikora Kavari, as Manager – Investment Banking (Corporate Financing Solutions) effective 16 January 2024. Kerikora joined Standard Bank Namibia in December 2018 as a Graduate Trainee in Corporate & Investment Banking. He holds a Bachelor’s Degree in Metallurgical Engineering from the NamibiaContinue Reading
O&L Leisure has announced a strategic investment in new premium Land Cruisers for its distinguished property, Mokuti Etosha, reflecting its commitment to providing unparalleled and exclusive nature-based experiences in alignment with its new premium positioning. O&L Executive Chairman and Acting Managing Director (MD), Sven Thieme shared his insights on thisContinue Reading
By Helena Mboti Namibia’s oil discoveries have been a source of optimism for the future trajectory of the economy. Yet with great excitement comes caution, as other countries’ experiences internationally, provide stark lessons on the double-edged sword of oil riches. Namibia stands at a crossroads – with a choice betweenContinue Reading
By Rikus Grobler Bottom-up innovation is all about flipping the traditional approach to innovation on its head. Instead of the big ideas coming from the top echelons of a company, they bubble up from the frontline employees. These are the folks who deal with the processes, products, services, and customersContinue Reading
Engen has instituted legal proceedings against the Ministry of Works and Transport in pursuit of at least N$23 million it claims it is owed for fuel and related supplies to now defunct Air Namibia. Engen is an African-based energy group focused on the marketing of petroleum, lubricants and functional fluids,Continue Reading
FNB Namibia economist Ruusa Nandago has said that the rental market is expected to remain fairly stable as inflation starts to moderate and the repo rate remains at its peak of 7.75% with a shallow cutting cycle through to 2026. After moving out of contractionary territory in March 2023, theContinue Reading
The Electricity Control Board (ECB) and the Communications Regulatory Authority of Namibia (CRAN) signed a Memorandum of Understanding (MoU) committing to collaborate on areas of common interest and for the effective and efficient performance of their respective mandates. The ECB is established in terms of the Electricity Act, (No. 4Continue Reading
Following an intensive 24-months of facilitation, training, peer-to-peer learning, and diverse events, the European Union-funded Twinning Project titled “Support to the Namibian Standards Institution” successfully concludes on 31 January 2024, marking a significant milestone in boosting Namibia’s trade capabilities. This was revealed at the closing event, hosted at Droombos toContinue Reading
In a first for the Namibian market and aligned to the trend in banking globally, FNB Namibia has announced the closer to-market restructuring of its Executive Team. This restructure sees Nangula Kauluma take up the title of CEO FNB Retail Banking and Sepo Haihambo, that of CEO FNB Commercial Banking.Continue Reading
