Category: Business
Opinion: Early Signs of Financial Trouble
By: Eddie King Early signs of financial trouble often go unnoticed until they escalate into more severe issues. Recognising these signs can help individuals and small businesses take proactive steps to mitigate financial distress and avoid potential defaults. One…
Opinion: Will You Win the Black Friday Deals?
By: João Bismarck It’s a warm November morning in Windhoek, and the streets are alive with anticipation. Some Namibians have saved diligently for the day, while others have sought assistance from financial institutions. Black Friday, the global shopping phenomenon, is…
DBN’s Balance Sheet Affected by Oil Storage Loan
By: Nghiinomenwa-Vali Erastus The Development Bank of Namibia (DBN) has reported a decline in its balance sheet, primarily attributed to the accelerated runoff from the National Energy Fund (NEF) oil storage loan exposure. The bank’s total balance sheet…
Uaandja urges Namibians to Take Initiative in FDI-Linked Opportunities
By: Justicia Shipena The Namibia Investment Promotion and Development Board (NIPDB) is urging Namibians to actively pursue foreign direct investment (FDI) opportunities, rather than passively waiting for assistance. In a recent interview with Eagle FM, NIPDB CEO Nangula…
Namibia’s Export Earnings Rise by 2.9% in September 2024
By: Hertha Ekandjo Namibia’s export earnings increased by 2.9% in September 2024, reaching N$9.0 billion, up from N$8.7 billion in August. This was revealed in the latest Namibia International Merchandise Trade Statistics Bulletin released by the Namibia Statistics Agency…
Govt Lowers Expected Diamond Sector Revenue by N$2.3 Billion
By: Hertha Ekandjo The government has reduced its projected revenue from the diamond sector for the 2024/2025 fiscal year by more than N$2.3 billion, citing lower global diamond prices and weakened demand. Minister of Finance and Public Enterprises Iipumbu…
NAB Aims to Commercialise Mahangu
By: Nghiinomenwa-vali Erastus The Namibia Agronomic Board (NAB) is pushing to commercialise mahangu, a staple crop widely grown for household consumption in Namibia, yet often imported during times of drought. In its latest newsletter, Gilbert Mulonda, NAB’s General…
NIPDB and CCBA Partner to Boost Female Participation in Business
By: Dolly Menas The Namibia Investment Promotion and Development Board (NIPDB) has joined forces with Coca-Cola Beverages Africa (CCBA) to launch the SheExports Accelerator Programme, aimed at empowering women and youth-led Micro, Small, and Medium Enterprises (MSMEs). This…
Grove Mall Records N$18 Billion Turnover in 10 Years
By: Hertha Ekandjo The Grove Mall has achieved a remarkable milestone, recording a turnover of N$18 billion in its 10 years of operation since opening its doors in Windhoek in 2014. Over this period, the mall has employed…
Tiki’s Aquaculture Adventure
By: Mathias Hangala Yinyengha Tiki, a fish farmer and entrepreneur from Odo State, Nigeria, shares his journey as a catfish breeder. Growing up in Nigeria’s coastal areas, Tiki was introduced to fishing early in life. His father, a…