News By Category Business

Uganda, Tanzania, oil firms sign accords

6 hours ago | Business

ELIAS BIRYABAREMAUganda, Tanzania and oil firms Total and CNOOC signed agreements that will kickstart the construction of a US$3.5 billion crude pipeline to help ship crude to international markets.Ugandan President Yoweri Museveni and Tanzania's new...

COMPANY NEWS IN BRIEF

6 hours ago | Business

Sanofi to invest 400 mln euros French drug maker Sanofi said it would invest 400 million euros (US$475.40 million) over five years in a new vaccine production site in Singapore.The new site would provide Sanofi...

‘School uniform project at advanced stage’

1 day - 12 April 2021 | Business

Trade minister Lucia Iipumbu has said the local school uniform project aimed to embargo the importation of school uniforms is at an advanced stage and will be launched this year.Iipumbu on Thursday responded to questions...

Business struggles to recover from Covid-19

1 day - 12 April 2021 | Business

Ndalimpinga Iita - Despite economic revival efforts in Namibia, businesses operating in the country continue to struggle following disruptions due to the Covid-19 pandemic.For years, Moses Helao, owner of Karakulia Weavers, embraced business prosperity producing...

Company news in brief

1 day - 12 April 2021 | Business

Airlines to pull some Boeing jets from serviceAirlines suspended the use of dozens of 737 MAX jets on Friday after Boeing Co warned them of a possible electrical fault in the production of some planes.The...

Category

Business, consumer confidence in first gear

4 days ago - 09 April 2021 | Business

PHIILEPUS UUSIKUBusinesses in the mining, retail and manufacturing sectors are the main drivers of the increase in credit uptake as credit extended to corporates in...

Shoprite celebrates Namibian products for Independence

4 days ago - 09 April 2021 | Business

Rosvita Amuthenu; Winner; “With my winning vouchers, I will continue buyinglocal products and I encourage more people to prioritize buying ‘ProudlyYochanaan CoetzeeNamibians usually celebrate Independence...

Trustco board welcomes new member

4 days ago - 09 April 2021 | Business

STAFF REPORTER An international business developer, Richard Marney, with a 45-year career in banking, emerging markets, investing, economics and asset management was appointed as...

Engen Namibia receives top prize

4 days ago - 09 April 2021 | Business

STAFF REPORTEREngen Namibia was awarded the PMR Diamond Arrow Award for most admired petroleum/diesel brand in Namibia.Christian Li, managing director of Engen in Namibia, said...

COMPANY NEWS IN BRIEF

4 days ago - 09 April 2021 | Business

Colombia rejects Glencore unit's return Colombia's national mining agency (ANM) said on Wednesday it has initially rejected a request by coal miner Prodeco, a wholly-owned...

The new Audi RS Q3, RS Q3 Sportback

4 days ago - 09 April 2021 | Business

Audi presents the new edition of the RS Q3 and an all-new derivative with the RS Q3 Sportback, now extending the compact SUV product range...

Prosus to sell 2% Tencent stake

5 days ago - 08 April 2021 | Business

Dutch-based technology investment company Prosus NV plans to sell a 2% stake in software giant Tencent, worth about US$15 billion at current prices, in an...

The rising of a new...

6 days ago - 07 April 2021 | Business

MICHELLINE NAWATISESSanlam Namibia has launched their new brand positioning on 30 March 2021 at Am Weinberg Hotel. Sanlam is moving in a new direction as...

COMPANY NEWS IN BRIEF

6 days ago - 07 April 2021 | Business

South32 to pay clean-up costs South32 Ltd will provide up to US$250 million in funds to smooth the sale of its South African energy coal...

COMPANY NEWS IN BRIEF

1 week ago - 06 April 2021 | Business

Anglogold plays down merger prospects South Africa's Anglogold Ashanti does not need to pursue mergers and won't add scale for its own sake, its interim...

Nictus now accepting cryptocurrency

1 week ago - 01 April 2021 | Business

PHILLEPUS UUSIKUNictus, Namibia’s largest independent furniture retailer officially announced that it will be accepting current mainstream digital currencies such as Bitcoin, Ethereum and Bitcoin Cash...

COMPANY NEWS IN BRIEF

1 week ago - 01 April 2021 | Business

Google, BMW, Volvo, Samsung sign up to WWFGoogle, BMW, Volvo and Samsung SDI are the first global companies to have signed up to a World...

COMPANY NEWS IN BRIEF

1 week ago - 31 March 2021 | Business

Discovery in touch with vaccine makersSouth African health insurer Discovery Ltd said on Monday it was in contact with all Covid-19 vaccine producers but cannot...