As we slowly approach the start of our rainy season, farmers all over the country are in good spirits to receive the much-anticipated showers. Rainfall provides a favorable scenario as it has many positive effects on agricultural activities. Firstly, rainfall replenishes our water resources (e.g. rivers, boreholes, underground water aquifers). Secondly, rainfall encourages the regrowth of grass on our grazing lands and is the main source of irrigation for most crop farmers.

Rate this item
(0 votes)

PSG Wealth Management Namibia and IJG Securities are in for a N$21 million payday for work done on the Mobile Telecommunications Limited (MTC) Initial Public Offering.

Namibian Breweries Limited (NBL) has announced that it has received an offer from Heineken N.V to acquire its 25% shareholding in Heineken South Africa (RF) Proprietary Limited estimated to be worth close to N$700 million.

Against the backdrop of the Covid-19 pandemic and maintaining the health and safety of employees as a priority, Aim-listed AfriTin delivered an impressive interim performance, CEO Anthony Viljoen says.

Rate this item
(0 votes)

Credit extended to the private sector slowed to 2% at the end of August 2021 from a growth of 3% at the end of July 2021, a decline attributed to a decrease in demand for credit by businesses.

A new organization which aims to bring together players in the country’s agricultural sector, the Namibian Chamber of Agriculture (NCA) is planned.

Rate this item
(0 votes)

Catalyst Investment Managers, is one of six managers who are a part of the Government Institutions Pension Fund (GIPF) incubation programme, which commenced in 2019, aimed at addressing the need for active beneficial participation of Namibian professionals in the asset management industry, expand on their capacity within Namibia and bring in expertise with the necessary skills to mainstream asset management.

Paratus Namibia Holdings says it has started with the construction of a data centre, with the project slated for completion in the third quarter of 2022 and expected to cost N$123 million.

The Namibia Airports Company (NAC) says the aviation industry is on the mend after a downturn due to COVID-19 travel restrictions, with the airports operator recording a 54% increase in passenger movements between the months of July and August 2021.

Rate this item
(0 votes)

Bank Windhoek has announced the completion of the second phase of its rollout of cash deposit ATMs in Namibia’s northern, coastal and central regions.

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries