Lionel Coetzee, Namdeb’s Head of Strategic Projects has confirmed that as part of the carbon neutrality journey, Namdeb commenced with early investigations into a potential wind energy facility in 2020 which resulted in the successful installation of wind measurement masts to ascertain potential. Subsequently, the outcomes of this work ledContinue Reading
Development Bank of Namibia (DBN) has launched its inaugural Sustainable Finance Framework (SFF). The Framework is aligned with the four core components of the International Capital Market Association’s (ICMA) Green Bond Principles 2021, Social Bond Principles 2021, Sustainability Bond Guidelines 2021 as well as the Loan Market Association’s (LMA) GreenContinue Reading
Namib Desert Diamonds (Pty) Ltd (NAMDIA) has solidified its Angolan ties following a visit by an Angolan energy and mining industry delegation which opened doors for possible imminent and future cooperation. The delegation, spearheaded by Dr. Diamantino Pedro Azevedo, Minister of Mineral Resources, Petroleum and Gas of the Republic ofContinue Reading
The National Housing Enterprise (NHE) and the Public Service Union of Namibia (PSUN) have agreed to end a labour impasse that began in February which subsequently means that in accordance with Rule 2.23 of the Strike Rules, employees will return to work on 11 April 2023. An agreement to thisContinue Reading
In an event reaffirming their strong seven-year partnership the Pupkewitz Foundation, Ohorongo Cement and FNB Namibia through the FirstRand Foundation Trust, collectively handed over N$2 million to the Shack Dwellers Federation of Namibia for the construction of 12 houses in Rupara, 22 in Divundu and 11 in Gobabis. Pupkewitz FoundationContinue Reading
By Chris Chipadza Filing an insurance claim can be a stressful and time-consuming process, especially if you’re not familiar with the ins and outs of the insurance industry. Unfortunately, there are several common pitfalls that customers can run into when making a claim that can result in a delay inContinue Reading
Old Mutual is an active participant in International Women’s Day (IWD) every year, along with all countries on the continent in which we operate. This year, IWD was celebrated with the campaign theme #EmbraceEquity. “To truly embrace equity, we first need to understand the difference between equality and equity, asContinue Reading
The FirstRand Namibia Foundation yesterday handed over N$2.8 million to various educational initiatives across the 14 regions of Namibia. Speaking at a handover ceremony held at Mercure hotel (former Safari hotel), FirstRand Foundation Board Chairperson Clara Bohitile highlighted the Foundation’s commitment to improving the provision of education to Namibian children.Continue Reading
The first cohort of FirstJob Interns are set to enter the job market after they recently concluded a 12 month long on-the-job intensive training with FirstRand Namibia Group. Speaking at a farewell event held in their honour, FirstRand Namibia Group Chief Human Capital Officer, Isdor Angula said “as a leadingContinue Reading
The Development Bank of Namibia is seeking relief of at least N$26 million in a matter in which it has sued Growmax Agri- Fertilizer (Pty) Ltd, an agri-outfit that is owned by Profile Investments Holdings for breaching their property finance agreement. The finance obtained from the Bank is believed toContinue Reading
