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The Development Bank of Namibia (DBN) says it has formally closed an investigation and subsequent disciplinary inquiries which emanated from alleged transgressions in the approval of loans by seven of its staff members.

The Communications Regulatory Authority of Namibia (CRAN) says its recent decision to order Mobile Telecommunications Ltd (MTC) to share its infrastructure with MTN Namibia was influenced by an independent assessment conducted by the Authority, which concluded that MTC had excess capacity on its network and thus was in a position to share its infrastructure.

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Global Credit Rating (GCR), in its recent review of Bank Windhoek, affirmed the Namibian long and short-term issuer ratings of Bank Windhoek Limited at AA(NA)/A1+(NA).

Hertz Global Holdings, barely four months out of bankruptcy, placed an order for 100 000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet. Tesla’s shares soared, pushing the automaker’s value past $1 trillion for the first time.

AfriTin Mining has announced that it has started exploration programmes designed to increase the size of the current resource at its flagship Uis tin mine in Namibia.

My opinion comes at a critical hour because of the eminent amendment of the Marine Resource Act, 2000 (Act NO. 27 of 2000) and as such strategic because of the potential impact it will have on the local economy.

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Finance Minister Iipumbu Shiimi has announced that Namibia plans to set up a sovereign wealth fund (SWF) before the end of the year to secure the country's future savings and transform the economy.

Namibia’s diamond production increased by 65% to 0.4 million carats in the third quarter (Q3) compared to 0.242 million carats produced the same period last year, latest figures from De Beers show.

Multichoice Namibia, owners of pay-tv subscription service DStv, says it has no immediate plans to unbundle some of its sports and movie channels.

Mobile Telecommunications Company (MTC) has vowed to challenge the Communications Regulatory Authority of Namibia's (CRAN) decision directing the company to share its infrastructure with MTN.

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