Category: Business
Nurturing Corporates And Institutions To Flourish – Bank Windhoek Executive
Corporate and institutional banking is essential to a country’s ecosystem and development, says Lukas Nanyemba, Bank Windhoek’s Executive Officer of Corporate and Institutional Banking. “Nature underpins our economy, society, and indeed our existence. In natural habitats, animals, plants, and microbes…
NCCI Calls For SMEs Tax Sins Forgiveness
By:Nghiinomenwa-vali Erastus The Namibian Chamber of Commerce and Industry says it will be of economic benefit if the Finance Ministry waives the penalties and interest owed by the business sector. The chamber’s Chief Executive Officer Charity Mwiya made the suggestion…
PM Says Access To Financing Crucial For A Thriving Economy
By:Mauricia Koopman Prime Minister Saara Kuugongelwa-Amadhila says for the economy to thrive and optimise its contribution to job creation, financing is crucial. Kuugongelwa-Amadhila was speaking at the Standard Bank African Central Bank conference which recently concluded in Johannesburg, South Africa….
Social Grants To Cost Govt N$850 Million
By:Daniel Ndumba Minister of Finance Iipumbu Shiimi says all the increases in grants recently announced by government will cost N$850 million. The Food Bank grant, which was recently converted to a cash grant, has gone up from N$500 to N$600,…
Vehicles Sales Highest In Over A Year
By:Staff writer Vehicle sales have seen the highest level since March 2022 after 1,103 units were sold in February after a weak start in 2023. In comparison, with 883 units sold in February 2022, this indicates a 24.9% year-on-year increase….
MP Wants Geingob Declare State Of Emergency On Youth Unemployment
By:Justicia Shipena Popular Democratic Movement (PDM) member of parliament Inna Hengari has called on President Hage Geingob to declare a state of emergency on the youth unemployment crisis during his State of Nation Address (SONA). Youth unemployment in the country,…
Mokuti Etosha Get A New Face And Feel …promises experiences and adventures
By:Nghiinomenwa-vali Erastus O&L Leisure has given a facelift to its Mokuti Etosha Lodge with promises to offer ultimate safari. In a statement released early this week, the group announced that the lodge’s reception, main restaurant, and pool bar area, including…
Roads Authority Namibia Safeguards Its Data With Paratus
By:Staff writer Roads Authority Namibia (RA) is the latest client to sign up to the new Paratus Namibia Armada Data Center (DC) in Windhoek. The RA’s data migration process was fast-tracked in under 24 hours and sees Paratus now providing…
Nampower Localised Preferential Procurement Increased By N$87 Million
By:Nghiinomenwa-vali Erastus Nampower has procured more from local entrepreneurs, especially those that are owned by previously disadvantaged Namibians, during the 2022 financial year. According to the power utility’s annual report, the company has increased its localised preferential procurement by N$87…
The NCA-Export Sabotage Is Not True- LPO
By:Nghiinomenwa-vali Erastus The Livestock Producers Organisation (LPO) claims news on white commercial farmers sabotaging Meatco is “malicious” and “absurd”. LPO saysthe allegation is a ploy to detract away from the genuine concerns of producers and it will support investigations that…