The Brief is an online news portal and going source with a focus on the Namibian business sector, current affairs, companies and financial markets.
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September 11, 2024
Finance (607)
SME funding: A catalyst for economic growth
July 04, 2023
SMEs play an important role in the country’s economic stability and should receive more support to enable them to keep contributing to job creation in the country, especially given the current high unemployment numbers among the Namibian youth.
The Old Mutual Foundation is seeking to empower 42 entrepreneurs in all 14 regions by the end of 2025 through the Old Mutual Sustainable, Economic, and Empowerment Drive (OM SEED).
NIDA owed N$89m by SME tenants
June 28, 2023
The Namibia Industrial Development Agency’s (NIDA) debtors book currently stands at N$89 million as a result of non-compliant tenants from its approximately 46 facilities, including industrial and SME parks, an official has revealed.
EIF disburses N$578.5m of GCF funding
June 28, 2023
The Environmental Investment Fund (EIF) of Namibia says it has to date disbursed N$578.5 million (US$30.9 million) of the N$732.1 million (US$39.1 million) in approved funding from the Green Climate Fund (GCF) for project implementation in the country.
The average person on the street has had a difficult year as central bankers continued to battle stubbornly high inflation. This has resulted in rising interest rates with no end in sight. Equally, we have had to deal with a weak currency that has provided no relief as oil prices rose as well.
We frequently find ourselves caught up in a constant quest of success in the fast-paced and demanding world of work. Our mental and emotional health may suffer because of the pressure to perform, to meet deadlines, and accomplish goals.
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Curro Namibia Gymnasium is set to expand to Ongwediva and Walvis Bay after securing N$72.9 million in funding from the Development Bank of Namibia, the bank's CEO Martin Inkumbi announced on Wednesday.
The Development Bank of Namibia (DBN) has entered into a financing agreement with Norsad Capital in a deal that will position the bank to fully partake in the country's renewable energy sector, as well as provide affordable home loans.
