Category: Business
Medical Aid Funds Face Operating Losses
By: Hertha Ekandjo Namibia’s medical aid funding industry is facing significant financial strains attributed to operational losses recorded by many medical aid funds, causing industry concerns. The cumulative reserve levels of all medical aid funds is also a cause for…
Angola, Nigeria Resist Oil Production Cut Plans
By: Nghiinomenwa-vali Erastus Angola and Nigeria have expressed their intent to defy the directives by the Organisation of the Petroleum Exporting Countries and Allies (OPEC+) urging member states to reduce oil production in an attempt to stabilise the market. The…
Efficient Business Planning for Year-End Success
By: Josef Kefas Sheehama The holiday season brings a myriad of demands, both personal and professional, making effective time management crucial. As December approaches, a proactive approach to business planning becomes paramount to ensure a seamless transition into the holiday…
No Namibian Beef in USA Markets Since 2020
By: Nghiinomenwa-vali Erastus Namibia’s beef exports to the United States came to a halt in July 2020 after a brief resurgence that saw 550,576 kilograms of beef crossing the Atlantic Ocean over seven months. The Villager’s analysis has uncovered the…
Short-Term Employment Permits Now Available at Various Border Posts
By: Nghiinomenwa-vali Erastus Various points of entry into Namibia have received authorisation to start issuing Short-Term Employment Permit endorsements without sending travellers to the headquarters in Windhoek. This was revealed by the Ministry of Labour, Industrial Relation, and Employment Creation…
Plan in Motion to Address Namcor Governance Issues
By: Nghinomenwa-vali Erastus Namcor’s board of directors and management has admitted that the company’s weak risk management and governance loopholes were to blame for its inability to pay creditors. Acting Managing Director Shiwana Ndeunyema and Board Chairperson Jennifer Comalie briefed…
Gold Refinery not Profitable in Namibia – B2Gold
By: Justicia Shipena B2Gold, a Canadian owned company, says it foresees difficulties making profit if it were to establish a gold refinery in Namibia in line with the country’s value addition aspirations. B2Gold’s country manager, John Roos, said: “To…
Northern OMAs/Retailers Defying Beef Procurement Orders
By: Nghiinomenwa-vali Erastus Government Offices, Ministries, Agencies, and private sectors north of the Veterinary Cordon Fence are disregarding directives to procure beef products from northern farmers. This defiance, according to a latest annual report by the Meat Corporation of Namibia,…
Paratus rolls out 28 retail outlets across Namibia
By: Staff writer Telecommunications operator, Paratus Namibia has opened nine additional resellers and six pop-up shops across the country. These are Outapi Pop-Up Shop, Eenhana Pop-Up Shop, Oniipa Pop-Up Shop, Otjomuise Pop-Up Shop, Soweto Pop-Up Shop, Okuryangava Pop-Up Shop. The…
Paratus Secures N$578 Fibre Expansion Funding
By: Staff writer Paratus Group has secured US$31-million (N$578 million) in funding to expand its fibre routes connecting Angola, Democratic Republic of Congo (DRC), Botswana, Namibia, South Africa, Mozambique and Zambia over the next three years. The funding is secured…