The Lufthansa Group, which operates Eurowings Discover which flies to Namibia, has announced that it will continue to service flights to/from Namibia, despite the German Robert Koch Institute having reclassified the country as Areas of Variant of Concern following the discovery of a new COVID variant.

The United Kingdom (UK)'s decision to place Namibia back on the red list and temporarily ban flights will impact the recovery of the country’s tourism sector.

The Communications Regulatory Authority of Namibia (CRAN) and Telecom Namibia Limited have struck a settlement agreement over N$67 million in regulatory levies allegedly owed by the telco for the period 2012 to 2018.

Trigon Metals Inc. has announced that it will immediately draw down the first tranche of the credit facility of US$2.5 million after satisfying all of the conditions of a credit agreement with IXM SA for a US$5 million project finance facility for the restart of the Kombat mine.

Rössing Uranium has concluded negotiations for salary increments for the year 2022 and 2023 within a month of negotiating with the Mineworkers Union of Namibia (MUN) Rössing Branch Executive Committee (BEC).

Cape Town financial-technology provider Ozow says it plans to hunt for acquisitions as well as start services in Namibia, among three other African countries.

The United Kingdom and Namibia traded goods and services worth N$2.5 billion, an increase of 5.4%, in the period between the second quarter of last year and Q2 2021, figures released by the UK’s Department of International Trade show.

Trustco Group Holdings has lost a drawn-out battle with the Johannesburg Stock Exchange (JSE) after the South African Financial Services Tribunal (FST) dismissed its appeal against a directive by the bourse.

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With Black Friday just around the corner, it’s important for consumers to exercise caution and self-discipline when managing their money over this period. Lack of financial discipline around Black Friday can easily lead to financial woes especially in these uncertain times.

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The Government Institutions Pension Fund (GIPF) has emerged with a 28% stake in Mobile Telecommunications Limited (MTC) after the telco’s Initial Public Offering (IPO) and subsequent listing on the Namibian Stock Exchange (NSX) on Friday.

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