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The country’s Erongo region has been revealed as the biggest beneficiary of the Development Bank of Namibia (DBN)’s funding.

Steinhoff's former chairperson Christo Wiese has received cash and a Pepkor stake worth more than R7 billion from Steinhoff as part of a settlement.

Oil hits 7-year highs

February 17, 2022

Oil prices surged over 2% on Monday to their highest in more than seven years as Ukraine's president declared a "day of unity" for February 16, a date that some Western media have cited as a possible start of a Russian invasion.

The Bank of Namibia (BoN) on Wednesday raised its repo rate by 25 basis points to 4%, as predicted by analysts.

Heineken NV said the longer-term outlook has become cloudier as inflationary pressures squeeze consumers, raising the risk that they’ll cut back on beer.

Oceana's CEO, Imraan Soomra, has resigned as the company struggles with accounting problems.

Louis Vuitton, LVMH's top fashion brand, will raise prices globally on Wednesday as a result of increased manufacturing and transportation costs, a spokesperson for the French luxury goods company in China told Reuters.

Namibia’s economy is expected to grow by 3% this year, the Bank of Namibia (BoN) Governor Johannes !Gawaxab has said.

FNB Namibia has warned against the growing trend of targeted phishing e-mails, also known as business email compromise fraud.

The Agricultural Bank of Namibia (Agribank) as part of its agri-advisory services role to farmers, held training workshops for women and youth in the //Karas region.

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