Business (602)

  • 06
  • Oct
Simonis Storm Securities (Simonis) said it is surprised that Letshego Holdings was unable to raise at least 50 percent of its Initial Public Offering (IPO) value.
  • 06
  • Oct
The Equipment Aid Scheme under the Ministry of Industrialisation, Trade and SME Development, has been hit by budget cuts, just like many other Government programmes in recent months.
  • 29
  • Sep
The Capricorn Group, whose flagship company, Bank Windhoek, is the second largest bank in Namibia after FNB, is looking for more partnerships.
  • 29
  • Sep
Namibia Breweries, which produces one of Namibia’s leading export brands, Windhoek Lager, says it has a long way to go before it can produce the beer from local barley.
  • 29
  • Sep
Finance Minister, Calle Schlettwein, has cut the country’s initial 2017 economic growth forecast of 2.5 percent down to 1.8 -2.3 percent after Namibia slipped into a technical recession in the second quarter.
  • 29
  • Sep
The NamPower Board was expected to decide this week whether or not the utility will sign a power purchase agreement with Arandis Power, a private company that is planning to set up a 120MW Heavy Fuel Oil power station in Arandis in the Erongo region.
  • 22
  • Sep
Afrorage is a Windhoek-based, family-owned business, which deals in natural hair treatments and healthy skin support products.
  • 22
  • Sep
Letshego Namibia’s Initial Public Offering (IPO) will close this Friday, 22 September, with thousands of people already expressing interest in buying the shares.
  • 22
  • Sep
The country’s agricultural sector is expected to grow by 10 percent this year, Institute of Public Policy Research (IPPR) Economist, Klaus Schade, said this week when he spoke about prospects and trends in the economy.
  • 22
  • Sep
The Development Bank of Namibia (DBN) has been given back its mandate of funding SMEs with an annual turnover of less than N$15 million following the collapse of SME Bank, which is currently under provisional liquidation.

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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