News By Category Business

Treating the elderly and disabled

49 minutes ago | Business

The Original Sons and Daughters of Okombahe (Osadoo) Foundation hosted a Christmas party for the elderly and disabled at Okombahe on 9 December. The Pinnacle Metropolitan Empowerment Trust donated food hampers worth N$124 755. In...

Creative go-getters

49 minutes ago | Business

Elizabeth JosephTrendquest Media is the new kid on the block in the media monitoring industry. The women behind this brand is Ndeyapo Mbudje, who is the public relations officer and a media graduate from the...

NEO Paints announces grand winner

49 minutes ago | Business

Photo: ContributedBlasius Kandjumbi was yesterday announced as the winner of N$65 000 in a lucky draw marking NEO Paints’ 65th anniversary. In the photo with him is Estie Meyer, retail sales and marketing manager at...

Company news in brief

49 minutes ago | Business

Group Five gets interest for parts of businessSouth African construction firm Group Five Ltd has received interest from a number of parties for various parts of its business as it explores selling some assets, it...

Another tough half-year for Nictus

1 day - 13 December 2018 | Business

Jo-Maré Duddy – The recession continued eroding the profit of Nictus Holdings in the first six months of its current financial year, but its impact was less severe compared to the same half-year in 2017.The...

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Company news in brief

1 day - 13 December 2018 | Business

Anglo expects higher production, lower costsMining group Anglo American Plc expects its production to rise more than previously expected in 2018 and 2021 while costs...

Tough year for mining

2 days ago - 12 December 2018 | Business

While this year has been very challenging for the mining industry, indications are that the uranium market may recover by 2022, which will result in...

Company news in brief

2 days ago - 12 December 2018 | Business

KPMG SA appeals for second chanceThe chairman of KPMG South Africa on Monday appealed for the firm to be seen as a changed business, following...

Company news in brief

3 days ago - 11 December 2018 | Business

Eskom: Plan to restructure debt due in 2019South Africa's government is discussing restructuring the debt of ailing power utility Eskom but will only give details...

NTF consults on broiler protection

3 days ago - 11 December 2018 | Business

The chicken industry in Namibia has major room for growth when one considers that Namibians consume 13 kg of chicken per year while in South...

Palladium outshines gold for first time in 16 years

1 week ago - 07 December 2018 | Business

Arpan Varghese and Swati Verma - Palladium is more valuable than gold for the first time since 2002, with prices soaring by around 50% in...

World's biggest oil traders paid bribes in Brazil scandal

1 week ago - 07 December 2018 | Business

Pedro Fonseca and Marcelo Rochabrun - Leading global oil traders Vitol, Trafigura and Glencore paid more than $30 million in bribes to employees at state-owned...

Namibia ta nduluka ngashiingeyi iihauto

1 week ago - 07 December 2018 | Business

Omupresidende okwa popi kutya shoka oshi li epondolo unene moshikondo shomapungulo moshilongo.“Ohauto yandje yotango ndjoka nda landa moZambia sho oshilongo sha manguluka, oya li oPeugeot...

Marco Fishing Factory nearing completion...

1 week ago - 06 December 2018 | Business

Marco Fishing (Pty) Ltd has been working hard on their expansion plan for their Lüderitz factory. The construction project for the factory upgrade, being one...

New fresh Bahri season set...

1 week ago - 06 December 2018 | Business

Desert Fruit Namibia is expecting a marked increase in production output as it focuses on Bahri dates.The company is one of only a handful of...

Peugeot goes local

1 week ago - 06 December 2018 | Business

President Hage Geingob yesterday inaugurated the assembly plant of the French carmaker PSA in Walvis Bay - and then test-drove a Peugeot 5008 assembled there.“I'm...

Company news in brief

1 week ago - 06 December 2018 | Business

Exxon seeks to sell its stake in AzeriExxon Mobil is seeking to sell its stake in Azerbaijan's largest oil field, once dubbed the "contract of...

Business spending perks up slowly

1 week ago - 05 December 2018 | Business

Jo-Maré Duddy - Twelve-month cumulative sales of new medium commercial vehicles in October showed positive annual growth for the first time in three years.Sales for...