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Government has this year received N$900 million in dividends from the Namibia Post and Telecom Holdings (NPTH).

Mango’s business rescue plan must be reworked to suit the South African Airways (SAA) and its ultimate shareholder, the department of public enterprises.

An interest-rate increase by South Africa’s central bank provided little support for the rand, which fell to its weakest levels this year.

The Government Employees Pension Fund, Africa’s biggest pension fund, said it may take as long as a year to negotiate a new mandate with Public Investment Corporation that will allow it to enter into new unlisted investment deals.

Public Enterprises minister Leon Jooste says the Government is moving ahead with plans to set up a central holding company that will own all its commercial Public Enterprises within the next three years.

Telecom Namibia says it is planning to more than double its investment in network upgrades to over NS$350 million under its 2023 Integrated Strategic Business Plan (ISBP).

Zimbabwe’s Rudland family could take over one of Southern Africa’s biggest sugar producers, Tongaat Hulett, by underwriting the company’s R4 billion rights issue.

The SA Reserve Bank has raised the repo rate by 25 basis points, to 3.75%.

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

Namibia has witnessed an upsurge in online shopping opportunities over the past two years as numerous retailers now offer this option, while a number of new online shopping portals have opened for business, particularly on social media.

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