Debmarine signs off funding for new vessel

Four local banks, Nedbank Namibia, RMB Namibia, Standard Bank, Bank Windhoek and South Africa’s ABSA have provided an N$5.6 billion loan to Debmarine Namibia towards funding the acquisition and construction of the company’s latest marine diamond mining vessel, the AMV3.

The slowdown in the property market has resulted in more companies seeking funding for renewable energy projects, Bank Windhoek Managing Director, Baronice Hans, disclosed in an interview this week.
Bank Windhoek has announced the introduction of the Women in Business financial solution.

Bank Windhoek hosts cryptocurrency session

Bank Windhoek recently hosted an information session on Bitcoin and its supporting blockchain technology, which was attended by 400 people.

Namibian Enduro Club sweats

Bank Windhoek is still to decide whether to renew its long-running sponsorship agreement with the Namibian Enduro Club, after it expired late last year.

Long-serving Capricorn director steps down

Frans du Toit has stepped down as a director of the Capricorn Group after 19 years, but will continue to serve as non-executive director of Bank Windhoek, the group’s cash cow.

Bank Windhoek Namibian Enduro ends

The 2017 Bank Windhoek Namibian Enduro Championship concluded in style at Farm Elisenheim in Windhoek on 14 October.

Capricorn hunts for more partnerships

The Capricorn Group, whose flagship company, Bank Windhoek, is the second largest bank in Namibia after FNB, is looking for more partnerships.

Capricorn lauds GIPF impact on group

The Capricorn Group, the holding company of Bank Windhoek, says the balance sheet strength of new shareholder, the Government Institutions Pension Fund (GIPF), will bolster the group, which now has liquid assets valued at N$1 billion.

Schools Netball Super League concludes

The 2017 Bank Windhoek Schools Netball Super League concluded the past weekend with Windhoek High School scooping the top prize in the U/19 A-division.
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The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

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