It costs TransNamib over N$1 million to clear a major derailment, the rail operator CEO Johny Smith revealed in an exclusive interview with The Brief.

The Namibian Ports Authority (Namport)  has appointed Maritime Business and Transport Solutions (MTBS) as transactional advisors in the envisaged concessioning of the New Container Terminal (NCT) at the Port of Walvis Bay.

Paladin Energy says it has raised the targeted N$169 million from a share purchase plan (SPP), with proceeds to be used to restart operations at the Langer Heinrich uranium mine.

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The Bank of Namibia (BoN) says it is currently exploring alternative means of facilitating payments to Russia after some of the Russian banks were expelled from the SWIFT payment platform as part of global sanctions for the on-going Ukraine conflict.

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Pan-African microlender Letshego has parted ways with its Group CEO and Executive Director Andrew Okai.

Namibia Investment Promotion and Development Board (NIPDB) says it currently has N$ 94.72 billion active prospective investments being facilitated, with a potential of creating 122 000 jobs.

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The Namibia Financial Institutions Supervisory Authority (NAMFISA) has appointed Johannes Smit Deputy Chief Executive Officer: Market Conduct and Operations with effect from the 1st of May 2022.

FirstRand Namibia has appointed Taimi Shejavali as the new CEO and Portfolio Manager for Ashburton Namibia.

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The Namibia Revenue Agency (NamRA) collected over N$60.5 billion in the last financial year ended 31 March 2022, surpassing its collection target of N$49.4 billion for the period.

Saflands Property Group has revolutionized Namibia’s shopping experience by developing some of the most iconic shopping malls in the country, namely the Grove Mall of Namibia, Gwashamba Mall, Otjiwarongo Town Square, Mutual Platz, Rundu Mall and the Dunes Mall in Walvis Bay among others.

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