Author: Staff Writer
Local Numbers at Hospitality Spots Continue to Drop
By: Staff writer Namibian’s appetite for tourism continues to take a nosedive after locals visiting hospitality establishments decreased to 17.7% last month, down from 19.1% in April 2024 and 22.5% in May 2023. Despite the low turnout from Namibians at…
GIPF Holding Millions in Unclaimed Benefits
By: Staff Writer The Government Institutions Pension Fund (GIPF) says it is currently holding millions in unclaimed benefits. While the exact amount remains undisclosed, the fund has identified unclaimed benefits belonging to 176 GIPF members. In a statement, GIPF…
Stakeholders Partner to Enhance Math Teachers’ Skills
By: Staff Writer Forty mathematics teachers from Oshikoto, Kunene, ǁKharas, and Erongo regions recently participated in the Bank Windhoek Mathematics Workshop. This workshop, a collaboration between Bank Windhoek, the Ministry of Education, Arts and Culture (MoEAC), and the…
Toyota Hilux Continues Sales Dominance
By: Staff Writer The Toyota Hilux maintained its dominance among vehicle brands last month, selling 165 units and showcasing its strong appeal among buyers seeking robust utility and reliability. For passenger vehicles, the Toyota Fortuner led the segment…
RMB Namibia Scoops International Awards
By: Staff Writer RMB Namibia has won the World’s Best Treasury and Cash Management Bank Award in Namibia for the fourth time at the prestigious Global Finance magazine Best Treasury and Cash Management Bank Awards 2024. These awards…
Bezant Resources Marks Progress at Copper-Gold Project
By: Staff writer Bezant Resources has announced the completion of a series of contractor services, marking a significant milestone for the Hope & Gorob mining operation. The company submitted a mining licence application for the Hope-Gorob copper-gold project…
Telecom, MTC Attain 70%, 94% SIM Card Registration
By: Staff Writer Telecom Namibia and Mobile Telecommunications (MTC) have reached 70% and 94% SIM card registration, respectively. This information was disclosed by Minister of Information and Communication Technology, Emma Theofelus, on Tuesday. Paratus Telecommunications and UCOM have achieved…
Local Financier Facilitates N$2.8 Billion for Navachab Mine Expansion
By: Staff Writer RMB is set to facilitate a N$2.8 billion (USD 155 million) syndicated loan from Namibian and South African banks aimed at expanding QKR Navachab, Namibia’s second-largest gold mine. Under the agreement, RMB will serve as…
Bank Windhoek Appoints Saara Shivute to Executive Role
By: Staff writer Bank Windhoek has appointed seasoned banking professional, Saara Shivute, as the bank’s executive officer of sales and bancassurance, effective 1 June 2024. Shivute joined the bank in 2018 as head of specialist finance. In her new…
Fuel Prices To Remain Unchanged
By: Staff writer Fuel prices will remain unchanged in June, the Ministry of Mines and Energy has announced. In Walvis Bay, petrol prices will stay at N$ 23.00 per litre, diesel 50 ppm at N$ 22.17 per litre, and diesel…