FirstRand Namibia Group, as Group entities, FNB Commercial and RMB have collaborated to sponsor the Africa Hospitality and Investment Forum (AHIF) with a N$500,000. Connie-Marlene Theyse, Head of Enterprise Banking at FNB Namibia said, “We are proud to partner with the Namibia Investment Promotion Development Board for the Africa HospitalityContinue Reading
In the face of a recovering economy, soaring inflation, and high interest rates, small business owners in Namibia are navigating challenging times. Now more than ever, supporting Small and Medium Enterprises (SMEs) is imperative, given their significant contribution to the Namibian economy. It is estimated that there are over 40Continue Reading
By Heskiel Edward If you’ve recently noticed an increase in cable-laying activities around your neighborhood in Namibia, you’re not alone. These cables are part of a significant infrastructure project aimed at enhancing the country’s internet connectivity through fiber optic technology. This initiative is spearheaded by several Namibian Internet Service ProvidersContinue Reading
The One Economy Foundation’s Youth Opportunity Pillar will host our first Financial Literacy Workshop this year for youth micro-entrepreneurs aged 18-35 in Mariental on 29-30 May 2024. This is the first of a four-part series of Financial Literacy Training sessions that YO! will be hosting across various regions. This workshopContinue Reading
With just over a month to go before the Africa Hospitality Investment Forum (AHIF) opens its doors on 25th June, the government of Namibia has confirmed that the President of the Republic of Namibia, Dr. Nangolo Mbumba will headline the agenda. AHIF, which is known as the most influential annualContinue Reading
Uranium exploration company Madison Metals has reported that reverse circulation (RC) drill hole KM5RC003 at its Khan project, in Namibia, has intersected strong uranium mineralisation over mineable widths under trench area TR003. Spectrometer readings from chip-sample bags returned values as high as 1.36% triuranium oxide at 45m and 1.54% atContinue Reading
In 2023, Bank Windhoek sold 142 properties through estate agents in northern Namibia valued at N$188 million. Bank Windhoek Executive Officer of Retail Banking Services and Specialist Finance, James Chapman, announced this substantial increase compared to properties sold at N$88 million in 2021. Chapman was speaking at the Bank WindhoekContinue Reading
The Old Mutual Foundation is excited to announce the launch of the 2024 edition of the Chair and Desk Initiative, building on the resounding success of its inaugural year in 2023. This initiative reaffirms Old Mutual’s steadfast dedication to enhancing the countries educational infrastructure and cultivating a supportive learning environmentContinue Reading
For the second time in the last 24 years, Namibia Wildlife Resorts (NWR) recorded a profit in the 2022–23 financial year, signalling a transforming terrain for the parastatal that, before its first ever profit in 2019, had gone for nearly two decades without registering a profit. This time, the latestContinue Reading
Trigon Metals is going to look for opportunities to grow production from underground, which in turn should increase copper production and profitability, Rennie Morkel, President and Chief Operating Officer has said. Morkel was speaking subsequent to last week’s announcement that the miner achieved commercial production from the underground operations atContinue Reading
