Category: Business
NCCI Urges Businesses to Adopt Fair Pricing Practices in Public Tenders
By: Justicia Shipena Namibia Chamber of Commerce and Industry (NCCI) has called on the business community, urging them to uphold professionalism and ethical standards when participating in public sector tenders. This appeal was made by NCCI President Bisey /Uirab…
Business Community Welcomes 2024/25 Budget
By: Justicia Shipena The Namibia Chamber of Commerce and Industry (NCCI) has expressed its satisfaction of the 2024/25 national budget, presented in parliament last month. NCCI president Bisey /Uirab noted that the budget reflects a consideration of the…
O&L Group Acquires Dimension Data in Namibia
By: Staff Writer The Ohlthaver & List (O&L) Group has announced the acquisition of Dimension Data in Namibia, a move set to redefine the country’s information and communication technology sector. O&L’s acquisition of the remaining 49% of shares in…
Local Food Prices Show a Decline
By: Staff Writer Inflation rates across all regions of Namibia decelerated in February 2024, with the country’s annual inflation rate for the month standing at 5.0% year-on-year (y/y), down from 7.2% recorded in February 2023 and 5.4% in…
Oshikango Business Activities Continue on the Decline
By: Juliana Iikela Once renowned as one of the country’s bustling border towns, Oshikango has been experiencing a significant downturn in business activities, signalling challenging times for local entrepreneurs and vendors. The vibrant atmosphere that once characterised the…
Namport, TIL N$4.2 Billion Deal Nears Conclusion
By: Hertha Ekandjo The Namibian Ports Authority (Namport) is currently in the final stages of negotiating the last details of its 25-year, N$4.2 billion management deal with Terminal Investment Limited (TIL). Last year in November, Namport’s Chief Executive…
MTC Supports Luderitz Crayfish Festival with N$115,000 Donation
By: Staff Writer The Mobile Telecommunications Ltd (MTC) has extended its Corporate Social Responsibility efforts to the ||Karas region with a generous commitment of N$115,000 to support the successful hosting of the renowned Luderitz Crayfish Festival. The company’s…
SOEs Have Turned into Financial Parasites – Baumann
By: Justicia Shipena As the National Assembly awaits the tabling of the 2024/2025 national budget today, human rights activist Linda Baumann has criticised the operations of the state-owned enterprises (SOEs) arguing that the entities have now morphed into…
NAMDIA Commits N$500k to Cleft Palate Reconstruction Program
By: Hertha Ekandjo Over the past three years, the Namdia Foundation has dedicated half a million Namibian dollars to support a Cleft Palate Reconstruction program aimed at assisting Namibian children in need of corrective surgery. In a continuation…
Katjimune Calls for Probe into SME Financing Challenges
By: Dolly Menas Lawmaker Maximalliant Katjimune has called upon parliament to launch an investigation into the obstacles surrounding Small and Medium Enterprise (SME) financing in Namibia. Katjimune contends that such an inquiry is essential to enhance access to…