Windhoek Observer

SACU, UK sign EPA agreement

The Southern African Customs Union (SACU) member states and Mozambique have signed a new Economic Partnership Agreement with the United Kingdom of Great Britain and Northern Ireland.

KfW urges reforms to spur economic recovery

German state-owned development bank, KfW says Namibia could take a while to recover from its current economic crisis than expected.
KfW Director, Uwe Stoll, without giving a timeframe, told the Windhoek Observer that strong policy reforms were required to steer the country to recovery.

PIC invests in NSX listed ANIREP

Africa’s biggest pension fund, the Public Investment Corporation of South Africa (PIC), with assets worth over N$2 trillion, made its first investment in Namibia’s capital markets after its subscribed to 5 300 000 shares in Namibia Stock Exchange (NSX) listed Alpha Namibia Industries Renewable Power Limited (ANIREP) in a transaction valued at N$53 million.

Ruling party manifesto is MIA

Telling those who are heading to the polls what you intend to do when elected is not an optional activity. The words in a manifesto detail what a party will do; what that party believes is important; and how that party intends to lead if elected. In effect, it is like a job application to the voters. How can one expect to win the job when submitting an incomplete application?

Meatco appoints new acting CEO

The Meatco Board has appointed its Executive: Finance, HR, IT and Administration, Angus Claassen, as the new Acting Chief Executive Officer as the company continues with the hunt of a substantive CEO following the departure of Vekuii Rukoro, who resigned in December 2017.

Fitch downgrades Namibia

The government’s failure to heed warnings about the state of the economy has been attributed as part of the reasons behind the mounting economic challenges and Tuesday’s downgrade of Namibia’s credit rating to BB with stable outlook, down from BB+ by Fitch.

The media cannot ‘destroy’ SWAPO

Swapo Party spokesperson Hilma Nicanor blasted anyone who reported on the SWAPO Colours Rally in a way she did not like. Her ill-conceived outburst is quite telling.

Nam-mic Financial Services Holdings appoints CFO

Nam-mic Financial Services Holdings has appointed Ms Judy Dentlinger-Mouton as its new Chief Financial Officer (CFO), effective 09 September 2019.

FirstRand Namibia Assistance Trust offers bursaries to employees

The FirstRand Namibia Staff Assistance Trust, which uses annual dividends to assist previously disadvantaged non-managerial staff with their educational and medical needs, recently announced that altogether 38 (thirty-eight) applicants for the 2019 bursary programme were successful and the trustees approved the tuition for the 2019 academic year - limited to a maximum amount of N$40,000 per student.

Bank Windhoek celebrates the motor vehicle industry

Bank Windhoek awarded the best dealerships and sales people in the motor vehicle industry at its annual Selekt Sales Awards ceremony in Windhoek.
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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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