Windhoek Observer

Cabinet decision halts Air Namibia’s CEO appointment

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.

Letshego bemoans impact of Micro Lending Act

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.

Zamco not affected by FMD outbreak

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.

NCCI elects new leadership in the north

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.

Hage, the Chinese and Zimbabweans are at fault

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.

Whose elephants are they anyway?

We have been following the various developments emerging from the recently concluded Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) held in Geneva, Switzerland.  We applaud the statements of Minister of Environment and Tourism Pohamba Shifeta calling for a review of Namibia’s continued membership in that international convention.

High-Level Panel forecasts 12-month recovery

The High-Level Panel on the Namibian economy forecasts that the domestic economy could recover in the next 12 months.
The 22-member panel which draws its expertise from different fields including business, however, warned external shocks in the global economy could become a threat to the forecasted recovery.

Capricorn Group repositions Cavmont Bank

The Capricorn Group says it has repositioned its loss-making Zambian unit, Cavmont Bank to focus primarily on servicing the neighboring country’s SMEs sector as part of its turnaround efforts.

Entrepreneurial development opportunity for Namibian Youth

In Namibia, 44 per cent of young people are unemployed and there is mounting pressure on Government institutions and departments to provide employment opportunities for them.

Engen plans to optimize service offerings

Engen Namibia says it’s looking to optimize its customer offering at its existing service stations to increase value rather than expand the number of sites it operates in the country.
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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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