Business

Transfer pricing in a nut shell

1 day - 19 June 2019 | Business

The term “transfer pricing” features more and more regularly in discussions and publications on the Namibian economy and tax landscape lately.What is transfer pricing? Very briefly, it can be described as an accounting and...

Chasing the richest of the rich

1 day - 19 June 2019 | Business

Namibia hopes to co-host one of the annual events of Horasis, an independent, international think tank whose meetings are often compared to the World Economic Forum’s yearly gatherings in Davos, Switzerland.This includes the Horasis Visionary...

PM cracks the whip on SOEs

3 days ago - 17 June 2019 | Business

Prime Minister Saara Kuugongelwa-Amadhila says the state ownership of public enterprises should not be a justification for their perpetual dependency on national treasury. She said even non-commercial state-owned enterprises (SOEs) are expected to strive for...

Be mindful - boardroom fatigue is real

2 weeks ago - 05 June 2019 | Business

The PwC Business School is well known for training sessions in directors’ roles and responsibilities as well as corporate governance matters. However, during the month of August the focus will shift towards “boardroom fatigue and...

Huge blow for insurance firms

2 weeks ago - 03 June 2019 | Business

Eight insurance companies that are challenging the constitutionality of a law requiring them to do business with the state-owned Namibia National Reinsurance Corporation (NamibRe), were dealt a severe blow in their ongoing legal battle with...

Erindi, Ohorongo deals under scrutiny

3 weeks ago - 29 May 2019 | Business

ELLANIE SMIT The deal to purchase the Erindi Private Game Reserve through a company registered in the British Virgin Islands is among...

Tough year for Stimulus

3 weeks ago - 28 May 2019 | Business

Stimulus Investments Ltd recorded a net profit of about N$3.8 million for the year ended 28 February 2019 – nearly 22% less than its previous...

Local Rössing jobs safe

3 weeks ago - 28 May 2019 | Business

ADOLF KAUREThe Namibian Competition Commission (NaCC) on Thursday held a public hearing on the China National Uranium Corporation’s proposed acquisition of Rio Tinto Namibia’s stake...

Search for oil and gas resumes

3 weeks ago - 27 May 2019 | Business

A British and Canadian company, Reconnaissance Oil and Gas, has applied for an environmental clearance certificate (ECC) to drill for oil and gas on state...

Swapo HQ 'too big a risk'

3 weeks ago - 27 May 2019 | Business

The requirements of the Swapo headquarters tender were too big a financial risk for local contractors in the current economic environment, says Bärbel Kirchner, the...

Business ponders mass exodus

3 weeks ago - 24 May 2019 | Business

A recent survey by the Economic Policy Research Association (EPRA) of close to 600 businesses concerned about the government's policy direction shows that a staggering...

MTC kickstarts NSX listing process

3 weeks ago - 23 May 2019 | Business

MTC issued a statement this morning saying it “has officially started its journey towards listing on the Namibian Stock Exchange”.MTC will be the first state-owned...

Business

Bidvest Nam to delist from...

4 weeks ago - 21 May 2019 | Business

Bidvest Namibia will delist from the Namibian Stock Exchange (NSX) on 11 June, the company said in an announcement on the local bourse.This follows a...

Namport fires 86 employees

1 month - 20 May 2019 | Business

Leandrea Louw Namport has dismissed 86 container terminal workers who were involved in an illegal strike in August last year.Namport acting CEO Kavin Harry explained...

Debmarine to spend N$7bn on...

1 month - 17 May 2019 | Business

Debmarine has announced that it will invest N$7 billion in a new vessel, which would contribute N$2 billion a year to the economy.The diamond miner...

Governmentpolicy causes economic decline

1 month - 17 May 2019 | Business

Local businesses burdened with a crushingly tough economic climate feel the government's policies have contributed to the current climate, particularly legislation aimed at empowerment and...

Phosphate mining headache continues

1 month - 16 May 2019 | Business

ELLANIE SMIT The Chamber of Mines of Namibia is concerned that a way forward on marine phosphate...

Save jobs, buy local

1 month - 16 May 2019 | Business

Team Namibia has urged Namibians “now more than ever” to buy local in order to have a positive impact on the economy, reduce poverty and...

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