By Efraim Paulus Namibia has made significant strides in improving food safety in recent years, but there is still work to be done. One area that deserves attention is the informal food sector, which is often overlooked when it comes to regulations and standards. Informal food traders are an essentialContinue Reading
As young professionals, it is important to understand the landscape of investing and how to grow your finances through different options. “There are many things to consider when investing, but one of the most important is your time horizon. This refers to how long you are willing to invest for.Continue Reading
Last week, Nedbank Namibia held its Employee Top Achievers Awards 2022 ceremony under the theme – We write the future, at the Nedbank Campus. The awards recognise the exceptional performance and contributions of employees who have made a significant impact in the company’s success during 2022. During the evening, 15Continue Reading
Fisheries and Marine Resources minister, Derek Klazen has dissected the Seal conundrum which to date has had an increasing and devastating effect on the sustainable harvesting of Namibia’s fish stocks. At independence in 1990, Namibia was estimated to have had a Seals population of approximately 350, 000 individuals. At presentContinue Reading
Research experts, Simonis Storm have predicted that petrol and diesel prices could move closer to N$23 per litre by mid-2023 as its conservative or base scenario forecast while in the extreme scenario, the firm sees local fuel prices at N$25 per litre. In their latest announcement, the Ministry of MinesContinue Reading
FirstRand Namibia last week celebrated its new insurance brand FNB Short Term Insurance, hosting business leaders, employees, and colleagues across the group in the capital city In March last year OUTsurance Namibia was acquired by FirstRand Namibia Ltd and following all regulatory approvals, FNB Insurance enters the market as 100%Continue Reading
The National Petroleum Corporation of Namibia (NAMCOR), in partnership with Shell and QatarEnergy, has announced a light oil discovery in the Jonker-1X deep-water exploration well. The well was drilled in Block 2913A & 2914B (PEL 0039) in the Orange Basin, offshore southern Namibia. The drilling operations commenced in December 2022Continue Reading
By Vusi Thembekwayo Namibia is an African country that offers several attractive investment opportunities for investors. Some of the reasons for investing in Namibia include: Strong economic growth: Namibia has a stable and growing economy, with an average annual growth rate of 3% over the past decade. This has beenContinue Reading
FirstRand Namibia Economist, Ruusa Nandago says the expected Southern African Customs Union (SACU) revenues are a welcome relief to the fiscus as they provides an upside to government revenue which is expected to increase by 16.5% from N$64.1bn in FY22/23 to N$74.7bn in FY23/24. In the 2023/24 National Budget tabledContinue Reading
..as MV Costa Deliziosa docks at the Port of Walvis Bay today The Namibian Ports Authority will be welcoming guests from the MV Costa Deliziosa today at the Port of Walvis Bay. The Costa Deliziosa which will be on her maiden call has a carrying capacity of 2,260 passengers .TheContinue Reading
