Unlocking home ownership dreams one loan at a time, Letshego Bank Namibia has announced the appointment of Denver Beukes as its new Home Loans Manager. Beukes, a mortgage lending specialist with over 15 years of industry experience, joins Letshego Bank from 2020 Financial Solutions. This strategic appointment enhances Letshego Bank’sContinue Reading
London-listed Bezant Resources has signed a nonbinding letter of intent (LOI) to enter into a partnership with CrossBoundary Energy Management and Eversolar for the provision of a renewable and/or hybrid solar energy supply for the Hope and Gorob copper/gold project in Namibia, in which Bezant holds a 70% interest. SubjectContinue Reading
By Dinah Tjahere Life insurance is generally perceived as a matter designated for the financially savvy. However, it is a key tool for financial stability that provides everyone with peace of mind. Unfortunately, many people, particularly those in underprivileged communities, struggle to obtain life insurance. These hurdles can stem fromContinue Reading
The United States Government-funded Reach Namibia project has launched the Adolescent and Youth Livelihoods and Entrepreneurship Accelerator (ALIVE) Hub at Rundu, Kavango East Region. The ALIVE Hub initiative will equip project participants with entrepreneurial skills to establish sustainable businesses. In collaboration with the Ministry of Sport, Youth and National ServicesContinue Reading
By Hanks Saisai Rearing poultry for business can be an exciting and rewarding experience when done properly. From the onset, one needs to conduct thorough market research in order to determine the vital information that can be used to establish a viable and profitable business. When poultry farming, a fewContinue Reading
Trigon Metals has secured a N$46 million advance from its offtaker, IXM S.A., to be utilized for working capital for the Company’s Kombat mine in Namibia. The advance payment will be drawn in two tranches of N$23 million each, the first tranche having already been drawn and the second trancheContinue Reading
The Cancer Association of Namibia (CAN) has reported that Namibia observes an upward trajectory of cancer cases from 3 700 to 4 300 on average new cases annually. Breast cancer cases remain the highest “life-threatening,” while prostate cancer is epidemiologically stated (per 100 000 population) as the top cancer inContinue Reading
With the rising cost of living, many Namibians are burdened by financial pressure, which is aggravated by inflation. Facing increasing financial pressure, many policyholders are tempted as a first reaction to cancel or stop paying their insurance and retirement premiums to ease the financial burden. Wendy Naruses, Marketing and CommunicationsContinue Reading
FNB Namibia, Commercial Division, has appointed Naftal Akweenda as Relationship Manager in the FNB Commercial Banking Segment effective 16 July 2024. In his role as Relationship Manager, Naftal will focus on Enterprise Banking clients in the Oil & Gas value chain and other energy sectors. Naftal is an experienced BankerContinue Reading
A delegation of the World Bank Group’s (WBG) Board of Executive Directors (EDs) noted South Africa’s and Namibia’s progress in achieving their development goals and re-affirmed World Bank Group’s commitment to providing support. The 11 EDs and Alternate EDs were hosted by the World Bank and International Finance Corporation (IFC)Continue Reading
