National

front Sanlam 15 novSanlam Namibia Holdings has announced the conclusion of its acquisition of Welwitschia Insurance Brokers (WIB) from Capricorn Group, for an undisclosed amount.

TBWA’s Director of Africa Operations Graham Cruikshanks says advertising agencies need to adapt to changing global economies if they are to survive.

Appreciating our elderly

A basket full of goodies, a gift of appreciation, an extension of gratitude to highlight just how special they are, is the gospel we at Nedbank Namibia are preaching at Old Age Homes within our communities in the ‘Nedbank Corporate Health Basket Challenge’ that has been running since September this year.
President Geingob has reiterated his earlier call that businesspeople seeking appointments with him to discuss business plans or tenders should stop such practices.

FNB sees growth at 1.3pct

FNB Namibia projects the local economy will only grow by 1.3 percent this year, much lower than the latest Bank of Namibia estimates of 2.5 percent.
The planned decision by FNB Namibia to operate its banking unit and EBank as two separate entities when its proposed acquisition of the latter is approved by regulators could prove a costly and bureaucratic process, Bank of Namibia sources have said.
Former United Nations Economic Commission for Africa (UNECA) Executive Secretary, Carlos Lopes says Namibia needs to cushion itself from the impact of the South African economy which is currently facing a slowdown.
BUS 11 novemberPorts operator, NamPort, is set to take full control of the operations of Walvis Bay based ship repair company, Elgin Brown & Hamer Namibia (EBHN), in a deal which is subject to regulatory approval.
The Bank of Namibia (BoN) has revised the country’s growth projections, with the domestic economy now only expected to grow by 2.5 percent in 2016, before accelerating to 4.0 percent in 2017, from previous estimates of 4.5 percent and 5.9 percent, respectively.
FNB Namibia says its investment in the construction of an ultra-modern headquarters in Windhoek’s central business district which received the official 4 star “best practice” Green Star SA Certification from the Green Building Council of South Africa, was in line with its strategy to have a clean carbon footprint as a company.
Page 8 of 109

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.

Contact Us

Windhoek Observer House
c/o John Meinert & Rossini Street
Windhoek West
Namibia
Tel: +264 61 411 800
Fax: +264 61 226 098
www.observer.com.na