Business (650)

  • 11
  • Oct
Effective communications with relevant target stakeholders and audience is an essential component in ensuring business success. But many companies in Namibia miss this opportunity for growth by failing to acknowledge this pivotal strategic function within their organisations.
  • 11
  • Oct
The Southern African Customs Union (SACU) member states and Mozambique have signed a new Economic Partnership Agreement with the United Kingdom of Great Britain and Northern Ireland.
  • 11
  • Oct
German state-owned development bank, KfW says Namibia could take a while to recover from its current economic crisis than expected.
KfW Director, Uwe Stoll, without giving a timeframe, told the Windhoek Observer that strong policy reforms were required to steer the country to recovery.
  • 11
  • Oct
Africa’s biggest pension fund, the Public Investment Corporation of South Africa (PIC), with assets worth over N$2 trillion, made its first investment in Namibia’s capital markets after its subscribed to 5 300 000 shares in Namibia Stock Exchange (NSX) listed Alpha Namibia Industries Renewable Power Limited (ANIREP) in a transaction valued at N$53 million.
  • 04
  • Oct
The Meatco Board has appointed its Executive: Finance, HR, IT and Administration, Angus Claassen, as the new Acting Chief Executive Officer as the company continues with the hunt of a substantive CEO following the departure of Vekuii Rukoro, who resigned in December 2017.
  • 04
  • Oct
The government’s failure to heed warnings about the state of the economy has been attributed as part of the reasons behind the mounting economic challenges and Tuesday’s downgrade of Namibia’s credit rating to BB with stable outlook, down from BB+ by Fitch.
  • 27
  • Sep
Nam-mic Financial Services Holdings has appointed Ms Judy Dentlinger-Mouton as its new Chief Financial Officer (CFO), effective 09 September 2019.
  • 27
  • Sep
The FirstRand Namibia Staff Assistance Trust, which uses annual dividends to assist previously disadvantaged non-managerial staff with their educational and medical needs, recently announced that altogether 38 (thirty-eight) applicants for the 2019 bursary programme were successful and the trustees approved the tuition for the 2019 academic year - limited to a maximum amount of N$40,000 per student.
  • 27
  • Sep
Bank Windhoek awarded the best dealerships and sales people in the motor vehicle industry at its annual Selekt Sales Awards ceremony in Windhoek.
  • 27
  • Sep
In Namibia, growth in the country’s real gross domestic product (GDP) has virtually stood still since 2016. Its economy has been contracting since the second quarter of 2017 up until the first quarter of 2019 – thus eight quarters of negative growth. Forecasts for 2020 peg growth at below 2%, and even that carries significant downside risk.
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WINDHOEK OBSERVER

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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