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Pepkor has made an approach to buy the South African owner of the Volpes, Coricraft and Dial-a-Bed chains to further expand in furniture and bedding, according to people familiar with the matter.

South African mining companies are planning a whopping 3 900MW in green power projects which can relieve substantial pressure on the Eskom grid. This will, however, require a slashing of red tape, industry has said.

With Black Friday just around the corner, it’s important for consumers to exercise caution and self-discipline when managing their money over this period. Lack of financial discipline around Black Friday can easily lead to financial woes especially in these uncertain times.

Monster Beverage, the maker of energy drinks, is exploring a combination with Corona brewer Constellation Brands, according to people familiar with the matter.

Will BoN follow suit?

November 22, 2021

The South African central bank’s move to raise borrowing costs Thursday signals the end of record-low interest rates in some of its neighbours.

The Government Institutions Pension Fund (GIPF) has emerged with a 28% stake in Mobile Telecommunications Limited (MTC) after the telco’s Initial Public Offering (IPO) and subsequent listing on the Namibian Stock Exchange (NSX) on Friday.

A three-way fight over control of Africa’s beer industry may be approaching its endgame.  

The Namibia Integrated Landscape Approach for Enhancing Livelihoods and Environmental Governance to Eradicate Poverty (NILALEG) Project has awarded 10 grants worth a combined N$6,828, 736.51 under three investment windows, namely crop and rangeland management, agroforestry and nature-based enterprise.

Starting today (Monday ,22 November) the Sinopharm vaccine which is being administered in Namibia, is now recognized for United Kingdom (UK) inbound travel.

MTC finally lists

November 19, 2021

 Mobile Telecommunications Limited (MTC) on Friday became the newest member of the Namibian Stock Exchange after it listed under the abbreviated name “MTC Limited”, share code “MOC” and International Securities Identification Number ISIN NA000A3CR803.

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