FirstRand Namibia, the parent company of FNB Bank has a N$1.58 billion profit in its 2019 end-year results, a 2,2 percent increase from N$1.55 billion recorded prior year.
Namibian private equity firm, Eos Capital on Thursday launched its NAMBOB brand onto the Namibian funeral space, as part of a rebranding exercise of AVBOB Namibia Holdings (Pty) Ltd after receiving the requisite regulatory approval to complete the acquisition of the business, which was funded through its N$460 million Allegrow Fund.
A detailed analysis of the results of the pot emerging from the 2019 Swapo Electoral College is still evolving. But two clear points have emerged.
A Windhoek man charged with having embezzled money from estates of the deceased which he was administering may soon face the music for a similar, yet unrelated case, if accusations leveled this week, hold up.
Alpha Namibia Industries Renewable Power Limited (ANIREP) was listed on the Namibia Stock Exchange (NSX) development board on Thursday. It has become the second Capital Pool Company (CPC) and the first Alternative Electricity Company on the bourse.
Air Namibia has suspended its process of appointing a new Managing Director. This was done as the practicality of the appointment will be heavily dependent on a cabinet pronouncement on the future of the airline.
Namibia Stock Exchange-listed Letshego Namibia says the introduced Micro Lending Act will impact on the profitability of its micro-lending business going forward as it moves to develop new product offering for its clients.
The Zambezi Meat Corporation (Zamco) says the recent outbreak of foot and mouth in the Zambezi region does not have an impact on its operations as the company is still to start its operations.
The recent election of a new leadership in three of Namibia Chamber of Commerce and Industry (NCCI) northern regions is expected to bring to an end the fight for control of the organisation’s members in the region, a position which over the years has pitted the trade lobby group against Tomas Iindji of the northern branch.
Parts of South Africa are on fire because of unaddressed smouldering issues left unattended by those elected to run the country. We condemn the violence in the streets of our neighbouring country and worry for Namibians living and working there.