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Khomas region continues to record a spike in COVID-19 cases, a position which the Ministry of Health says is concerning.

Zambia Airways is set to launch on December 1, 2021, backed by a joint venture between Ethiopian Airlines and the Industrial Development Corporation Limited (IDC), a government-owned financial institution based in South Africa.

Standard Bank South Africa says it has introduced a Covid-19 vaccination policy, which requires all employees of the group who work from the premises to be vaccinated against Covid-19.

Old Mutual’s private equity arm has proposed R5.80 per share for Long4Life, valuing the SA investment company founded by entrepreneur Brian Joffe at about R3.7bn.

The Banker Magazine has announced Bank Windhoek as the winner of its annual Bank of the Year Award – Namibia.

NovaNam has acquired two brand new deep-sea trawlers at a cost of N$320 million, with the purpose of feeding its value-addition factory in Luderitz, where 1500 of its processing staff pack for the globally renowned seafood brand of Pescanova.

The investment is part of NovaNam’s strategic investment plan, where NovaNam committed to a fleet investment programme of N$480 million between 2019 and 2021, committing to build three brand new vessels.

The MFVs “NOVANAM ONE” and “NOVANAM TWO” are the second and third brand-new deep-sea fishing trawlers to be inaugurated in Luderitz since independence.

The first vessel, MFV “LALANDII 1” came on line in 2020.

NovaNam has continuously invested capital on an annual basis to increase its value-adding capabilities and to ensure sustainable employment for its 2300 staff members.

Nillian Mulemi has been elected Chairperson of the Government Institutions Pension Fund (GIPF) Board of Trustees effective 01 January 2022 to 31 December 2022.

Leonie Dunn has been appointed Second Deputy Governor of the Bank of Namibia (BoN) for a period of five years by President Hage Geingob.

Mobile Telecommunications Limited (MTC) in a trading update issued on Thursday said it anticipates its profit (after tax) for the year ended 30 September 2021 to be between 17% and 23% higher than the forecast provided in the prospectus issued on 20 September 2021.

Trustco Group Holdings has hit back at the Johannesburg Stock Exchange (JSE) accusing the bourse of undermining the independence, accountability and integrity of its board.

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