…Fuel station owners threaten to shut fuel pumps The Fuel and Franchise Association (FAFA) of Namibia, in a meeting with its members and various stakeholders has threatened a seven-day nationwide shutdown of fuel stations, should their final offer to the Ministry of Mines and Energy not be met. Fuel stationContinue Reading
Members of the Namibian Transport and Taxi Union (NTTU) are planning to strike in Windhoek on 26 July. Unionists are demanding a 40% fare increase, saying taxi prices have not been adjusted for at least two years despite rising fuel prices, maintenance costs and other expenses. The threat also comesContinue Reading
The development of the hydrogen economy in Africa will support effective broad global decarbonisation, allowing countries to meet their climate goals and create sustainable economic growth for African countries and the rest of the world. This is according to Jackwell Feris, director at commercial law firm Cliffe Dekker Hofmeyr (CDH).Continue Reading
By Bank Windhoek’s Head of Digital, Data and Customer Transformation, Ryan Geyser. There is a concern that financial institutions, in general, are forcing innovation on customers and are not being mindful of the needs of all Namibians. This discourse attempts to demystify common misconceptions regarding banking innovation. Myths of digitalContinue Reading
The Spar Group Limited has lodged an application with the High Court in which it claims that Insignia Retail (Pty) Limited trading as Rehoboth Build It has defaulted in their supply agreement and is now indebted to the Group to the tune of N$92 million which it must pay. TheContinue Reading
Namibia can transform its economy, create jobs, reduce inequality, and recover faster from the impact of COVID-19 by deepening private sector reforms and increasing private sector participation in its renewable energy, climate-smart agribusiness, housing, and other key sectors, according to a report published today by IFC and the World Bank.Continue Reading
A delegation from the Namibia Revenue Agency (NamRA) paid a courtesy visit to the Minister of Industrialisation and Trade, Lucia Iipumbu earlier this week. The delegation led by its Commissioner, Sam Shivute shared its vision and objectives relevant to the MIT and enhancement of trade facilitation in Namibia. Addressing theContinue Reading
Old Mutual Namibia along with Launch Namibia, the Financial Literacy Initiative (FLI) and the United Nations Development Programme (UNDP) Accelerator Lab, has launched the Old Mutual Sustainable, Economic & Empowerment Drive (OM SEED) initiative. Mufaro Nesongano, Manager: Communications and Old Mutual Foundation states that, “OM SEED is an initiative weContinue Reading
Grove Mall of Namibia and Namibia Gadgets Supplies have reached a settlement agreement in which the later will pay nearly N$500 000 to settle a dispute in which the Mall had sued Gadgets for over N$1 million in ‘unpaid rentals’. The dispute emanated from a lease agreement pertaining to Shop 485,Continue Reading
MobiPay Namibia has scooped the award for the Most Convenient Fintech Payment Solution at this year’s Reputable Banks and Fintech Awards which took place in Scotland last week. MobiPay was nominated for two awards and was selected amongst top Reputable Fintechs in Africa to participate in the 2022 conference whichContinue Reading
