News By Category Business

Policy bottlenecks harm Peugeot sales

11 hours ago | Business

Only a paltry 93 vehicles – out of a targeted 1 551 - have been assembled at the Walvis Bay Peugeot plant since its launch by President Hage Geingob in December 2018. The plant...

Loan holders want meeting with DBN

11 hours ago | Business

A number of Development Bank of Namibia (DBN) loan holders are seeking a meeting with the bank's management and board of directors to iron out issues affecting them. A request to meet CEO Martin Inkumbi...

Team Namibia perturbed by Fishrot

3 days ago - 17 January 2020 | Business

Team Namibia, a body promoting local businesses and products, says corruption scandals such as the Fishrot saga should not be allowed to happen in the current recessionary environment. According to Team Namibia the recession,...

Meatco makes plans for lean year

1 week ago - 13 January 2020 | Business

Meatco is working on various strategies to counter the difficult year ahead, when herd rebuilding will be taking place after the severe drought of the past several years. This is likely to drastically decrease throughput...

Job losses as Tschudi mine closes

1 week ago - 10 January 2020 | Business

The Tschudi copper mine near Tsumeb is set to stop operations at the end of next month, leaving about 420 workers jobless amid ongoing retrenchment negotiations with labour union representatives.The closure of the mine comes...

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Another Chinese firm eyes Ohorongo

1 week ago - 07 January 2020 | Business

West China Cement has made a bid to acquire Schwenk Namibia's 69% stake in Ohorongo Cement for approximately N$1.5 billion in a recent submission to...

Bridging the gap to success

3 weeks ago - 30 December 2019 | Business

Starting a business requires one to be determined, motivated, focused and ambitious, because it is not easy to get an enterprise off the ground.This according...

Air Nam settles with Challenge Air

1 month - 20 December 2019 | Business

Air Namibia has announced that it has reached an out-of-court settlement in a N$400 million legal dispute with Challenge Air. The airline said in accordance...

Don't fall for empty promises - Venaani

1 month - 19 December 2019 | Business

The Popular Democratic Movement (PDM) has warned labour unions not to collude with government attempts to appease jobless fishermen with empty promises of re-employment.In a...

Erastus gets CEO nod

1 month - 13 December 2019 | Business

Licky Erastus has been appointment as the new CEO of Mobile Telecommunications Limited (MTC). Erastus had served as the company's acting CEO since June...

Alweendo supports Namdeb's tax break

1 month - 12 December 2019 | Business

Mines minister Tom Alweendo says he supports a proposed tax break for Namdeb, as anything that would help save the company from closure after 2023...

Existing fishing rights extended

1 month - 11 December 2019 | Business

Existing fishing rights holders have been granted permission by cabinet to net a third of the total allowable catch (TAC) for various species until the...

Synthetic diamonds pose a threat

1 month - 05 December 2019 | Business

Namdeb managing director Riaan Burger says although synthetic diamonds are a threat to his company; it is not something he is losing sleep over.He made...

Meatco gets bulk of Norwegian...

1 month - 05 December 2019 | Business

The Meat Board of Namibia has allocated next year's 1 600-tonne Norwegian beef export quota to Meatco and the Brukkaros abattoir. Meatco received a 1...

PwC Namibia Walvis Bay office...

1 month - 04 December 2019 | Business

Ansie Rossouw - As we approach the end of a very busy year, it is customary to reflect on the year gone by, as well...

Focus on people as well...

1 month - 04 December 2019 | Business

Zoe Tabary - Consumers have the power to make companies behave better and look beyond the bottom line, business leaders and activists said on Wednesday,...

Saudi Arabia’s Aramco casts IPO...

1 month - 04 December 2019 | Business

Anuj Chopra - From taboo-busting religious support to easy credit and fervent jingoism, Saudi Arabia pulled out all the stops to prop up Aramco's IPO...

Key zones saved from mining

1 month - 02 December 2019 | Business

With about 75% of mining revenue generated in protected areas, a policy has been developed that identifies nine areas in the country where prospecting and...