Business (631)

  • 23
  • Aug
In Namibia, 44 per cent of young people are unemployed and there is mounting pressure on Government institutions and departments to provide employment opportunities for them.
  • 23
  • Aug
Engen Namibia says it’s looking to optimize its customer offering at its existing service stations to increase value rather than expand the number of sites it operates in the country.
  • 23
  • Aug
The Social Security Commission (SSC) says the weakened state of the economy has had a negative impact on its revenues, which heavily rely on companies paying their employee monthly contributions.
 This comes amid reports of increased job losses in the Namibian economy, with the Ministry of Labour reporting 236 jobs having been lost from April to the end of June and statistics released by the Employme
  • 16
  • Aug
NamPower owned telecommunications service provider, The GridOnline has revealed that it has signed an agreement with emerging telecoms company, Paratus Telecommunications to make use of its fibre optic infrastructure.
  • 16
  • Aug
The Bank of Namibia (BoN) says itis worried by the continued rise in the amount of personal loans by Namibians to supplement their incomes and lifestyles, with currently levels according to its estimates standing at 84-85 percent of income. 
  • 09
  • Aug
The country’s road infrastructure funding gap could reach N$6.3 billion in the next five years from the current N$1.1 billion, the Road Fund Administration (RFA) has warned.
  • 02
  • Aug
The Namibia National Reinsurance Corporation (NamibRe) has declared a N$6.15 million dividend for the financial year ended 31 March 2018, representing 20 percent of its net profits after tax.
  • 02
  • Aug
KIAT Investment Holding, the company which won the rights to operate and manage the Oshakati Elolo Abattoir says it’s considering engaging the beleaguered, Agro-Marketing Trading Agency (AMTA) to lease its meat processing plant in Ongwediva.
  • 02
  • Aug
Elso Holdings says its working on minimizing likely job loses that will emanate from its recent decision to outsource its logistics and distribution.
  • 26
  • Jul
The FNB Rental Index which tracks advertised rental prices across the country, recorded a slower contraction of 3.0 percent year-on-year (y/y) at the end of May 2019.
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