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.
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.
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?
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.
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.
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 has appointed Ms Judy Dentlinger-Mouton as its new Chief Financial Officer (CFO), effective 09 September 2019.
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 awarded the best dealerships and sales people in the motor vehicle industry at its annual Selekt Sales Awards ceremony in Windhoek.
Road carnage, Hepatitis E and Gender Based Violence (GBV) are three scourges battering the country and filling the cemeteries. As we go into the elections season, these three major national issues continue to cause untold misery. Lives are being lost and yet these issues are not the focus of party platforms and action programs.