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Namibia will remain on the United Kingdom's (UK) 'red list', leaving in place restrictions for travel between the two countries.

The City of Windhoek says it will only be able to determine the funding model for the planned Cimbebasia high density housing project, consisting of more than 900 housing units being built under a Council Rental Housing Concept when the planning and conceptualization phase of the project is completed by December 2021.

Namibian Stock Exchange listed, Capricorn Group Limited released its annual financial results for the year ended 30 June 2021, with profit after tax increasing by 14.8% to N$983.0 million. The listed Group’s net interest income before impairment charges increased by 3.3% to N$2.26 billion for the period under review.

Namdia Foundation has announced that the construction of the N$4.073 million Mariental Hospital Oxygen Generation Plant has now been completed.

Vivo Energy Namibia says it will continue with its partnership with Simbisa Brands, owners of fast food brands, Chicken Inn and Pizza Inn at some of its Shell service stations, despite Vivo Energy and Baobab Khulisani having acquired rights through its joint venture business Synergy Foods to manage and operate the KFC business in Namibia.

The City of Windhoek has extended the submission deadline for business proposals under its Windhoek Economic Recovery Initiative (WERI) to the 5th of October, 2021.

Over N$1.7 billion, mostly from multilateral and developmental funding institutions and partners has been mobilized by the Environmental Investment Fund of Namibia (EIF) to date, towards investing in innovation, which contributes towards achieving sustainable development in the country.

It has emerged that 317 people applied for only three vacant executive positions at the City of Windhoek.

TransNamib and the National Petroleum Corporation of Namibia (Namcor), have signed a 5 year, rail transport agreement, a deal which will see more petroleum products moved by rail.

African Rainbow Capital Investments is planning to expand its portfolio and has entered negotiations to add a fintech conglomerate to the group.

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