THE Namibian Competition Commission (NaCC) on 30th March 2022 resolved to initiate an investigation against various private pathology laboratories and other providers of covid-19 testing services in terms of Section 33 of the Competition Act, 2003 (No. 2 of 2003) (“the Act”). The investigation pertains to the alleged excessive pricingContinue Reading
The Executive Secretary of the Southern African Development Community (SADC), Elias M. Magosi, on 07th April 2022, paid a courtesy call on Hage Geingob, President of the Republic of Namibia, and Incoming Chairperson of the SADC Organ on Politics, Defence and Security Cooperation, at State House in Windhoek, Namibia. TheContinue Reading
“The TKC is not only important to Botswana but to the region as it promotes intra – regional and international trade as well as allowing the movement of people for business and tourism,” said Dr. Batlang Comma Serema, High Commissioner of the Republic of Botswana to Namibia. The High CommissionerContinue Reading
NAMPORT’S revenue has declined 2% to N$1.113 billion (2019/20: N$1.138) against a target of N$1.032 billion, with an operating profit of N$96 million (2019/20: N$132 million),” the Authority’s latest annual report reflects Subsequently, the Group’s revenue, which includes Namport and its subsidiaries, was down 12% to N$1.485 billion (2019/20: N$1.688Continue Reading
LAST week, Nedbank Namibia held its Employee Top Achievers Awards 2021 ceremony at its new campus in Windhoek’s Central Business District (CBD). At the annual award event, the bank recognised the high achievers, the go-getters, the self-starters, and the doers who excelled in their respective fields. During the evening, 16Continue Reading
The Namibia Industrial Development Agency (NIDA) received dividends of up to N$4 million from Pupkewitz Toyota, Phillip Namunjebo recently revealed. Namundjebo who was speaking at Pupkewitz Toyota’s official opening of their new N$11.7 million state of the art branch in Rundu located at Marcus Shiwarongo Street. “We are very proudContinue Reading
OLD Mutual’s commitment to Community Crime Prevention initiatives started in 2015 through a partnership with the City Police for the Community Games and continued in 2018 with the Neighbourhood Watch (NHW) Association of Namibia. This was done in collaboration with the Namibian Police Force to identify and capacitate struggling registeredContinue Reading
Paratus Group announces its expansion into the Democratic Republic of Congo (DRC). This coincides with the news that Paratus has won, together with DRC based Global Broadband Solution (GBS), the government tender to activate a 620-kilometer fiber optic network link between Muanda, on the West Coast, to DRC capital city,Continue Reading
The Namibian Competition Commission (NaCC) has resolved to initiate two investigations against First National Bank and others in terms of Section 33 of the Namibian Competition Act, 2003 (No. 2 of 2003). The first investigation relates to the alleged historic fixing of interchange rates through the Payments Association of NamibiaContinue Reading
Diamond mining company Debmarine Namibia on March 18 officially inaugurated its latest diamond recovery vessel, christened on the day as the Benguela Gem (previously the AMV3), at the Port of Walvis Bay, Namibia. Debmarine Namibia is a joint venture marine diamond and prospecting company owned by the government of NamibiaContinue Reading
