Business (616)

  • 12
  • Jan
The Development Bank of Namibia (DBN) has recorded a net profit of N$172 million for the financial year ended 31 March 2017, the bank announced this week.
  • 12
  • Jan
Biokineticists operating in the country are alleged to have lobbied the Namibia Financial Institutions Supervisory Authority (Namfisa) to cancel gym and wellness rebates, the Windhoek Observer has established.
  • 12
  • Jan
Tourism industry operators in Swakopmund, one of the country’s most visited resorts during the December holiday season,
  • 15
  • Dec
This year will go down in history as the year that Namibia, once a shining economic star in Africa, had its credit rating downgraded by both Moody’s and Fitch, two of the three leading international credit rating agencies in the world.
  • 15
  • Dec
Ministry of Works and Transport officials are our mamparas of the year in the business category after they left Government with a multi-million dollar bill through either over-committing themselves on projects or embarking on road projects that were not budgeted for.
  • 15
  • Dec
Namibia received mixed rankings this year in the World Economic Forum’s Global Competitiveness Report 2017-18 and the World Bank Group’s annual Ease of Doing Business Report.
  • 15
  • Dec
The construction industry has been hard-hit by Government spending cuts, with 10,000 job losses recorded as a result, according to figures by the National Union of Namibian Workers.
  • 15
  • Dec
Minister of Finance, Calle Schlettwein, tried his best to revive the ailing economy in a year in which the country’s credit rating was cut to Junk by ratings agencies,
  • 15
  • Dec
The recent collapse of the South African diversified company, Steinhoff, following revelation of a tax investigation by Germany authorities, could directly or indirectly affect Namibia, analysts have said.
  • 15
  • Dec
The International Monetary Fund (IMF), which has in the past warned that the housing market in Namibia is a bubble waiting to burst if not controlled, this week said the value of houses in Namibia ‑ which it says are overvalued ‑ has dropped by 10 percent compared to 2015.

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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