Business (652)

  • 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.
  • 20
  • Sep
For most entrepreneurs, finding the right viable business idea can prove to be a challenge, but for Morna Ikosa, owning a hair studio was a lifelong dream.
  • 20
  • Sep
The latest FNB House Price Index shows the depressed state of economy has had a negative impact on property prices, with Henties Bay being the hardest hit, with prices contracting by 37.5 percent.
  • 20
  • Sep

The Government Institutions Pension Fund (GIPF) has revealed that it has realized over N$741 million in dividend from its three remaining investments made under the now defunct Development Capital Portfolio (DCP).

  • 13
  • Sep
Namibian private equity firm, Eos Capital on Thursday launched its NAMBOB brand onto the Namibian funeral space, as part of a rebranding exercise of AVBOB Namibia Holdings (Pty) Ltd after receiving the requisite regulatory approval to complete the acquisition of the business, which was funded through its N$460 million Allegrow Fund.
  • 06
  • Sep
Namibia Stock Exchange-listed Letshego Namibia says the introduced Micro Lending Act will impact on the profitability of its micro-lending business going forward as it moves to develop new product offering for its clients.
  • 06
  • Sep
The Zambezi Meat Corporation (Zamco) says the recent outbreak of foot and mouth in the Zambezi region does not have an impact on its operations as the company is still to start its operations.
  • 06
  • Sep
The recent election of a new leadership in three of Namibia Chamber of Commerce and Industry (NCCI) northern regions is expected to bring to an end the fight for control of the organisation’s members in the region, a position which over the years has pitted the trade lobby group against Tomas Iindji of the northern branch.
  • 30
  • Aug
The High-Level Panel on the Namibian economy forecasts that the domestic economy could recover in the next 12 months.
The 22-member panel which draws its expertise from different fields including business, however, warned external shocks in the global economy could become a threat to the forecasted recovery.
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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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