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Industrialisation and Trade minister Lucia Iipumbu says the ministry consulted widely before drafting the Namibia Investment Promotion and Facilitation Act (NIPA), which was tabled before Parliament on Thursday and subsequently withdrawn.

The United Kingdom has approved the use of a drug to treat people at high risk of developing severe COVID-19 symptoms, which the manufacturers say appears to be effective against the new Omicron variant.

The Shoprite Group has launched its first standalone pharmacy, MediRite Plus, in Cape Town.

While the petrol price still went up on Wednesday, it was by 75c per litre, and not 81c as the department of mineral resources and energy (DMRE) incorrectly stated this week. 

An unknown author once said, “retirement is wonderful if you have two essentials; much to live on and much to live for. With the Government Institutions Pension Fund (GIPF) my family and I have guaranteed pension benefits to live on, while I have my  family to live for,” expressed Tate Joseph Asino, a GIPF pensioner and executive committee member of the Government Institutions Pensioners Association of Namibia (GIPAN) based in the Oshikoto Region.

Dundee Precious Metals (DPM) Tsumeb Vice President and Managing Director ,Zebra Kasete has announced the appointment of  Johanna Jacobs  as the company’s new Director: Finance, effective 15 November 2021.

Checkers is ramping up its battle with Woolies for a share of the wallet of higher income shoppers. Last week, it opened its first smaller format Checkers Foods in Weltevreden Park in northwest Johannesburg. Another three stores will open early next year in Ballito, Westlake (next to Steenberg in Cape Town) and Franschhoek.

Sales of rough diamonds by Debswana Diamond Company jumped 73% in the first nine months of 2021, statistics released by the Bank of Botswana showed on Tuesday, driven by the reopening of US and China’s consumer markets.

Tava Madzinga has been appointed as the new CEO of Santam, and will succeed Lize Lambrechts in the position from 1 July.

Bank of Namibia Governor Johannes !Gawaxab says the central bank’s board has approved changes to its organisational structure.

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