Business (602)

  • 15
  • Feb
Mines and Energy minister, Tom Alweendo has ruled out the possibility of load shedding in the country, despite Eskom, the country’s biggest suppliers of power, having implemented the measures in the neighboring country citing a power production deficit.
  • 15
  • Feb
Capricorn Investment Holdings (CIH) has disposed of its 32 percent shareholding in trade union-backed, Nam-mic Financial Services Holdings (NFSH), in a deal worth in excess of N$370 million, the Windhoek Observer has established.
  • 08
  • Feb
Montero Mining & Exploration Ltd has moved a step closer to developing the Uis lithium-tin tailings project in Namibia, inking a non-binding Letter of Intent (LOI) with Gravity Worx Mining Solutions to provide technical services.
  • 08
  • Feb
Vice President, Dr Nangolo Mbumba has urged Agribank to consider financing value-adding industries, such as the abattoirs in communal areas in order to alleviate the urban migration challenge.
  • 08
  • Feb
Bonas-Couzyn NV and International Mining and Dredging Holdings (Pty) Ltd (IMDH) announced that from February they will be offering IMDH’s Namibian marine-mined rough diamonds for sale in Bonas-Couzyn’s Antwerp offices.
  • 01
  • Feb
The IJG Business Climate Monitor (BCM) Index declined for a sixth consecutive month in October, sliding by 1.2 points to 51.21.
  • 01
  • Feb
Standard Bank is working on a number of banking products, facilities that would help deepen trade ties between Chinese and Namibian businesses, Annelie Cloete, Standard Bank’s Corporate, and Investment Banking Chinese Relationship Manager has said.
  • 01
  • Feb
The country’s biggest business grouping, the Namibia Chamber of Commerce and Industry (NCCI), is moving ahead with its plans to host the country’s premier fishing sector event, the Namibia International Fishing Expo.
  • 01
  • Feb
The stock of international reserves held by the Bank of Namibia (BoN) rose by 4.7 percent on a month-on-month basis to N$30.9 billion at the end of December, the central bank announced this week.
  • 01
  • Feb
South African fast food chain, Wimpy, is involved in a war of words with its former franchisee, Chris Van Der Merwe, who has accused Wimpy of allowing other franchise holders in Namibia to use N$3.4 million in its collective marketing fund in Namibia for personal use.
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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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