By Llewellyn le Hané (Green Enterprise Solutions (Pty) Ltd) To build a sustainable future for Namibia, our children, and far into the future, we need to invest in Namibia. There needs to be investment at all levels and in all sectors. In the relative short term, we are looking atContinue Reading
Necessary arrangements are on-going to recruit the successor to Paulina Mbala Elago, the Executive Secretary of SACU who will be completing her term of office in October 2022, Dr. Mokgweetsi Masisi, President of Botswana and chairperson of the summit of the SACU Heads of State or government has revealed. AlthoughContinue Reading
By the end of February 2022, Trustco Group’s shareholder assets under management (or Net Asset Value) had built up to N$6.5 billion, with gross assets amounting to N$8.5 billion, the company has said in the release of its latest unaudited condensed consolidated interim results for the six months ended 28Continue Reading
German Ambassador to Namibia Herbert Beck and the representatives of Rob Youth Foundation today signed a funding agreement worth N$180 000 to support a refurbishment project for the Katutura State Hospital. The Ambassador welcomed the Founder and Director of Rob Youth Foundation – Robert Maseka together with the Secretary General ofContinue Reading
Ipumbu Shiimi, Minister of Finance of the Republic of Namibia, and Herbert Beck, Ambassador of the Federal Republic of Germany have signed a financial cooperation agreement on interest-reduced loans between Germany and Namibia. The total amount of the agreement is roughly N$2.7 billion and comprises three major areas of German-NamibianContinue Reading
Cabinet last week said that it has noted with dismay the unlawful conduct of eight persons who are casting invariably in “activists” moulds, creating platforms of structural distrust among various business groupings, notably local versus foreign business owners and fermenting a state of mayhem and disruption of public order. InContinue Reading
Global supply chain disruptions could keep local inflation rising and a decline is SACU revenues which government relies on, Simonis Storm Securities has said. In a report, Theo Klein, an economist at Simonis Storm stated that in addition to supply chain disruptions from the war in Ukraine, lockdowns in certainContinue Reading
Namibia Dairies, a subsidiary of the Ohlthaver & List (O&L) Group has announced that it will relocate the production and packaging of its Nammilk Full Cream and Low-Fat Ultra-high temperature (UHT) milk ranges from South Africa to its local Avis Factory in Windhoek, Namibia, as of June 2022. Namibia DairiesContinue Reading
By Bank Windhoek’s Market Research Analyst, Anton Mushongo. The United States economy is heading toward a recession; this is according to growing concerns from reputable banks and economists in the United States. How will this impact the Namibian economy? Recession is a term used to signify a slowdown in generalContinue Reading
Finance Minister, Iipumbu Shiimi has said uranium miners are waiting for prices to recover before reviving projects in the ore, which is needed for nuclear power in a world shifting away from fossil fuels. Namibia is investing in water facilities and is planning a second desalination plant to supply minesContinue Reading
