Business (574)

  • 23
  • Nov
Namibia is in the process of reviewing the Copyright and Neighbouring Rights Act with the view of developing a new Copyright Bill intended to address the realities of the fast changing copyright landscape,” Deputy Minister of Industrialisation, Trade and SME Development, Lucia Iipumbu said this week.
  • 23
  • Nov
A planned steel manufacturing plant at Otavi is expected to produce 100,000 tons of steel, officials have revealed.
  • 23
  • Nov
The number of cars registered in Namibia is expected to rise to around 700,000 by 2025, the Road Fund Administration (RFA) said this week.
  • 23
  • Nov
Namibia Financial Institutions Supervisory Authority (Namfisa) senior officials are confident that the long-awaited Financial Institutions Markets Bill (FIM Bill) will clear a lot of grey areas in the regulation of the non-banking financial sector.
  • 16
  • Nov
Namibia has huge potential to export more horticulture products rather than grapes and fruits, Namibia Agronomic Board Horticulture Manager, Lesley Losper said this week.
  • 16
  • Nov
The Meat Board of Namibia has invited bids for companies wishing to export beef to Norway in 2019 as part of the 1600 tons quota allocated to Namibia.
  • 16
  • Nov
The overall liquidity position of commercial banks improved during September, Money and Banking Statistics released by the Bank of Namibia has shown. 
  • 16
  • Nov
The non-bank sector largely stayed above water in 2017 despite a tight economy, the Namibia Financial Institutions Supervisory Authority (Namfisa) said in its 2018 Annual Report released this week.
  • 16
  • Nov
French oil company, Total EP Namibia B.V has announced plans to drill for oil in Namibia and expects to start next year.
  • 09
  • Nov
Listed companies are feeling the pinch of the current economic meltdown with most share prices of local listed companies dropping at the end of September compared to their closing share prices in December 2017, data released by the Namibian Stock Exchange (NSX) last week shows.
Namibia Asset Management recorded the biggest drop in share price at 11.11 percent, followed by Capricorn Investment Group (10.28 percent), FNB Namibia Holdings (6.18 percent), Nictus Holdings (4.76 percent), Oryx Properties (1.94 percent), Bidvest Namibia, (0.89 percent) and Letshego Holdings (0.25 percent).
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