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Former Old Mutual Managing Director, and current EOS Capital Executive Chairman, Johannes !Gawaxab, says that ‘tenderpreneurship’ should be replaced with hard work, patience and a focus on education.
A total of 910 vehicles were sold in January, representing a 14,6 percent drop from the 1,066 vehicles sold in December last year, IJG Securities has reported.
Agribank is owed N$500 million in arrears out of a total loan book of N$2, 4 billion, sparking a collection drive by the financial institution, which fears that its sustainability is under threat.
The Namibia Manufacturing Association (NMA) has urged Government to ensure that manufacturing incentives are properly aligned across ministries, and implemented if the Growth at Home Strategy is to become a success.
businessThe Bank of Namibia (BoN) is expected to again revise downwards its economic growth forecasts for 2016 and 2017, amid increased indications the economy will slow down further due to ongoing austerity measures introduced by Government last year.
FNB Namibia has urged individuals and businesses to be financially savvy, to ensure a better 2017.
Namibia Trade Forum (NTF) Trade and Investment Policy Analyst, Maria Immanuel, says that the country’s manufacturing companies should be ready to spend additional money on training, as they try to overcome glaring skills and capacity challenges.
The Bank of Namibia (BoN) has until 23 February to pronounce itself on the acquisition of EBank by FNB Namibia, in a deal that was announced in October last year.
In the midst of Government budget cuts, drought and an increase in the number of poaching cases before the courts, the tourists are continuing to enjoy their holidays in Namibia. 

Namibian tourism in bloom

businessMost of Namibia’s economic sectors, including agriculture, fishing and mining, entered 2017 with limited optimism.
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