Business (506)

  • 19
  • Oct

As the Namibia Stock Exchange (NSX) moves to lure more companies to list deepening investment options available, the bourse says the June decision by the Ministry of Fisheries and Marine Resources to exclude listed companies from applying for fishing quotas hampers its growth drive. As the Namibia Stock Exchange (NSX) moves to lure more companies to list deepening investment options available, the bourse says the June decision by the Ministry of Fisheries and Marine Resources to exclude listed companies from applying for fishing quotas hampers its growth drive. 

  • 19
  • Oct

Finance minister, Calle Schlettwein has admitted that manufacturing incentives, which government offered as part of its Vision 2030, flopped.Finance minister, Calle Schlettwein has admitted that manufacturing incentives, which government offered as part of its Vision 2030, flopped.

  • 19
  • Oct
The government’s external debt is expected to surge in the third quarter of this year due to further currency depreciation and another disbursement of the African Development Bank loan agreement,
  • 19
  • Oct
Namibia will add an additional 220MW to its power grid in three years’ time, if plans announced by the Minister of Mines and Energy, Tom Alweendo last week come to fruition.
  • 19
  • Oct
Namibia has dropped one place on the Global Competitiveness Report with a ranking of 100 out of 140 countries.
  • 19
  • Oct
The tourism sector’s contribution to GDP has again come under spotlight amid concerns that revenue generated through foreign agents was not being repatriated to Namibia.
  • 19
  • Oct
The Chamber of Mines of Namibia is set to present recommendations to Minister of Mines and Energy, Tom Alweendo, which will contain guidance on long term solutions government can implement to boost the economy once all issues to do with water as an enabler are resolved, the chamber’s president, Zebra Kasete disclosed to the Windhoek Observer this week.
  • 12
  • Oct
Independent oil and gas company, Chariot Oil and Gas, has failed in its latest bid to find oil offshore Namibia, the company announced on Thursday.
  • 12
  • Oct
Diversified financial services group, Capricorn, has launched Capricorn Capital, a corporate advisory firm with offices in Windhoek and Johannesburg.
  • 12
  • Oct
The Namibia Chamber of Commerce and Industry (NCCI) say rising fuel prices are eroding the competitiveness of local businesses as they are adding to the cost of doing business in an already depressed economy.
According to the chamber, the transport industry has been the worst hit by fuel price increases.
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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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