Market sources in Pretoria, Windhoek and Harare have reportedly revealed that Zimbabwean financial institutions, Stratus Capital Partners and Bard Santner Markets are in the process of brokering a massive N$1.8 billion deal involving the acquisition of an iconic property, The Grove Mall of Namibia, in Windhoek. The deal will seeContinue Reading
The Namibian banking industry plays a critical role in catalysing economic activity and ensures financial stability, especially in unprecedented and challenging times. Bank Windhoek’s Managing Director, Baronice Hans, said this when she took over the Chairpersonship of the Bankers Association of Namibia (BAN) on Friday, 10 June 2022, in Windhoek.Continue Reading
Scot Evans, CEO of Canadian oil and gas exploration company, ReconAfrica, will attend African Energy Week, Africa’s premier event for the oil and gas sector which takes place from 18 – 21 October 2022 in Cape Town, to share energy market insights as well an update on on-going exploration initiativesContinue Reading
The Namibian Competition Commission hosted a stakeholders conference at the Safari Court Hotel & Conference Centre last week pursuant and in terms of section 46 of the Competition Act 2 of 2003, seeking participation from stakeholders on the proposed transaction under review by the Commission involving Heineken International B.V (“Heineken”)Continue Reading
SIM Registration will make number portability which will give SIM card users the freedom of switching between networks while keeping the same number possible, Communications Regulatory Authority of Namibia (CRAN) Chief Executive Officer, Emilia Nghikembua has said. Nghikembua was speaking at the official launch of the National SIM Registration ConsumerContinue Reading
Namibia Chamber of Commerce and Industry Chief Executive Officer (CEO) Charity Mwiya has affirmed business relations between Namibia and the US highlighting that NCCI considers the USA as an important economic ally to Namibia and that the commercial ties between the two nations must be strengthened in a manner whichContinue Reading
DStv Namibia scooped two awards, namely the Most Admired Media Brand and the Most Admired African Brand in Namibia, as voted by Namibians, during the Africa’s Best Brands ceremony in Windhoek on Monday, 6 June. Organized by Brand Africa in partnership with TBWA Paragon, the research was conducted based onContinue 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
The Namibian market share in live cattle exports to South Africa is in free fall as Botswana cattle continue to provide price competition to Namibia, the Meat Board of Namibia has said. Due to relatively cheaper weaner imports from Botswana, South African feedlots have shifted some of their business toContinue Reading
…bought a defunct mine for N$390m, sold it two years later for N$3b Osino Resources CEO Heye Daun last week told the 2022 Junior Indaba that together with Canadian colleagues they acquired a discarded project in Namibia from the now defunct, once South Africa-based AngloVaal mining major and scored bigContinue Reading
