Verna Sinimbo, deputy minister of industrialisation and trade, has called for strengthened cooperation between Business and Intellectual Property Authority (BIPA) and its sister organisation, China National Intellectual Property Administration (CNIPA) especially in areas of patent examination and digitalisation of the business processes. Sinimbo was addressing delegates at the BIPA andContinue Reading
Simonis Storm has noted in its latest agri report that it sees a decrease in demand for meat products from both abattoirs and consumers leading to lower prices. In the report, the firm highlights that engagements with various stakeholders indicate that sales for basic food items have been declining inContinue Reading
Deputy Minister of Mines and Energy, Kornelia Shilunga has said that the ministry is in the process of developing an online mineral rights application system to improve transparency and deepen public trust. “The project is envisaged to be completed during the 2023/2024 financial year,” Shilunga said in Parliament last weekContinue Reading
A strong regard for the Environment, Social Society and Governance matters is important for consideration in navigating economic challenges for the long-term prosperity of our country, RMB Chief Executive Officer (CEO) Philip Chapman has said. Chapman was speaking at a recent FNB, RMB 2023/24 National Budget Review event, where keyContinue Reading
The Bank of Namibia has declared a dividend of N$413.7 million to the State Revenue Fund, following a positive financial performance for the 2022 financial year which improved significantly compared to 2021. Favorable interest rates during 2022 and the increase in the Bank’s reserves balance contributed to the improvement inContinue Reading
Old Mutual is an active participant in International Women’s Day (IWD) every year, along with all countries on the continent in which we operate. This year, IWD was celebrated with the campaign theme #EmbraceEquity. “To truly embrace equity, we first need to understand the difference between equality and equity, asContinue Reading
The FirstRand Namibia Foundation yesterday handed over N$2.8 million to various educational initiatives across the 14 regions of Namibia. Speaking at a handover ceremony held at Mercure hotel (former Safari hotel), FirstRand Foundation Board Chairperson Clara Bohitile highlighted the Foundation’s commitment to improving the provision of education to Namibian children.Continue Reading
French energy company, Hydrogène de France (HDF Energy) has reached a further step in the development of Zimbabwe’s first high-powered green hydrogen power plant, following the signing of a memorandum of understanding (MOU) with Zimbabwe’s state electricity utility, Zimbabwe Electricity Transmission and Distribution Company (ZETDC), last week. The parties signedContinue Reading
With the rise of ride-hailing apps, illegal passenger transport operators have become a growing problem in Namibia. Many of these operators are unlicensed, unregulated, and they pose a serious risk to both passengers and the wider public. The problem of illegal passenger transport operators has been brought to the forefrontContinue Reading
Sidney Hanstein, Chairperson of Team Namibia, and Charmaine Matheus, Namibia Tourism Board (NTB) Head of Marketing, on behalf of the NTB recently signed a memorandum of understanding (MoU) which, in essence, will lead to greater co-operation and teamwork between the two entities. Hanstein expressed his excitement about the MoU andContinue Reading
