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Coca-Cola is seeking a value of R119 billion ($8.1 billion) for Coca-Cola Beverages Africa when it lists the bottler next year, according to people familiar with the matter.

Standard Bank Namibia Holdings (SBN) Chief Executive Officer, Mercia Geises, is ranked 17th on the list of 50 women CEOs leading corporate Africa.

President Hage Geingob on Friday revealed that only 15% of the country's population is fully vaccinated, with 19.5% of the total population having received their 1st dose, while announcing revised COVID-19 regulations which will come into force for a period of 30 days from Saturday, 16 October 2021 until midnight, Monday, 15 November 2021 as follows:

Vehicle sales for September declined by 12.2 % year-on-year in September 2021, compared to a growth of 30. 2% y/y in August 2021.

Vehicle sales were mainly driven by extra-heavy commercial, up 52.6% y/y , with passenger vehicles up 36.7% y/y.

According to Simonis Storm ,Vehicle sales are still trending below the long run monthly average of 1,218. Since the V shaped recovery seen last year , monthly vehicle sales have averaged 755. 

Diamond miner Namdeb on Thursday announced that its board had approved a plan to extend the current life of mine (LoM) from 2022 to 2042, a decision expected to save approximately 2100 jobs and create 600 additional jobs.

Namibia has been ranked 5th in Africa for having an economy with the most supportive environment for effective markets, according to a latest Absa Africa Financial Markets Index.

Eskom Holdings is proposing a "highly concessional" financing plan to help build about R400 billion of energy infrastructure to help the power utility move away from the use of coal, according to company’s energy transition head.

While South Africa's stock exchange remains dominant on the continent, smaller exchanges are leapfrogging ahead in terms of incentives and technology to attract small investors. 

The Board of the Agricultural Bank of Namibia has announced the appointment of Dr Raphael Karuaihe as the incoming CEO of Agribank, with effect from 10 January 2022.

Namibia’s annual inflation rate for September increased by 3.5% compared to 2.4% recorded over the same period last year, the Namibia Statistics Agency announced on Thursday.

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