Qatar Airways has officially announced that it will be resuming flights to Windhoek effective June 25, 2022, as part of the airline’s largest-ever African schedule, which will begin on the same date.

Standard Bank Namibia Holdings (SBN) Chief Executive Officer, Mercia Geises has been ranked among top CEOs running multi-million-dollar enterprises in Africa.

Oryx Properties Limited (Oryx) is now back in the black after it registered a N$31.1 million profit in the half year to 31 December 2021 compared to a loss of N$20.9 million in the previous comparable period due to improved rental income.

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The Government Institutions Pension Fund (GIPF) has invested nearly N$25 million in Kavango West region as part of its shared value creation strategy, The Brief has learnt.

The Russia-Ukraine crisis has caused global oil prices to rise up significantly in the last few days with ramifications in countries such as Namibia where more fuel price hikes are looming after the N$1.20/litre for petrol and N$1.30/litre for diesel increase in March. Market experts are already predicting that the local pump price may breach the N$20 a litre mark.

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Nedbank Namibia has recorded a N$206.4 million after-tax profit in the full year to December 31, 2021, which is a 75.4% increase from N$117.7 million registered in 2020.

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The Bank of Namibia (BoN) and the Namibia Financial Institutions Supervisory Authority (Namfisa) announced that they had approved with immediate effect that multiple cessions can now be accommodated by banks and insurers on a single life insurance policy.

Often Agribank is inundated with enquiries from public members on whether one can apply for an Agribank loan and/or is eligible for various loan products of the Bank.

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Borrowers will no longer be required to transfer their physical original policy document as collateral to financial institutions when taking out a loan, the Bank of Namibia (BoN) and the Namibia Financial Institutions Supervisory Authority (Namfisa) announced on Wednesday.

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The Government Institutions Pension Fund (GIPF) has so far recovered N$326 million of the N$677 million it invested in embattled South African retailer Steinhoff.

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