Business

Pick n Pay Otjiwarongo closed indefinitely

5 hours ago | Business

Pick n Pay Namibia has announced the closure of its Otjiwarongo supermarket by the end of the month.The shop has served the Otjiwarongo community for more than 16 years.Its closure was necessitated by lengthy renovations...

Oil market remains under pressure

5 hours ago | Business

Oil prices yesterday recovered from losses chalked up the session before, but the market remains under pressure as bloated US crude inventories and rising output dampen Opec-led efforts to curb global production. Prices for...

Skorpion Zinc has a lifeline

1 day - 23 March 2017 | Business

The expansion of the Skorpion Zinc Mine's outsourced Pit 112 at Rosh Pinah must start immediately to extend the mine's life by three years, otherwise the mine will close by the middle of this year...

Agra profit declines minimally

1 day - 23 March 2017 | Business

Agra continued to perform well in the half-year ended 31 January 2017. Net profit after tax was N$14.8 million, but it reported a 13% (N$2.1 million) decrease in profits. “Authorised capital expenditure for the...

Cape Town issues green bond

1 day - 23 March 2017 | Business

The City of Cape Town will issue a green bond of up to N$1 billion, to be certified by the Climate Bonds Standard.Green or climate bonds are issued by governments or companies to finance measures...

Oppenheimers halve Anglo stake

1 day - 23 March 2017 | Business

E Oppenheimer & Son (EO&S), the Oppenheimer family's investment vehicle, sold half its shares in Anglo American in the December quarter, bringing its holding in...

Bannerman acquires equity partner

2 days ago - 22 March 2017 | Business

Bannerman Mining Resources Namibia has announced its partnership with the One Economy Foundation, providing the opportunity for the not-for-profit organisation to gain a 5% shareholding...

Salt-mine squabble drags on

4 days ago - 20 March 2017 | Business

An ownership battle over a Henties Bay salt mine appears to be dragging on with no end in sight.Small miner Petrus Iimbodi says his rights...

The future looks bright

4 days ago - 20 March 2017 | Business

Sven Thieme, executive chairman of the Ohlthaver & List (O&L) Group and president of the Namibia Chamber of Commerce and Industry (NCCI), has expressed confidence...

Sanlam supports upcoming businesses

1 week ago - 17 March 2017 | Business

Sanlam Namibia has awarded five start-up businesses N$50 000 each to develop their businesses as part of the Sanlam Innovation Works competition.The initiative by Sanlam...

Telecom's LTE goes coastal

1 week ago - 17 March 2017 | Business

Telecom Namibia has announced the completion of the first phase of a time-division duplex long-term evolution (TD-LTE) high-speed wireless network rollout with Chinese provider, Huawei...

MTC, RMB partner

1 week ago - 17 March 2017 | Business

RMB Namibia and MTC this week announced the implementation of a unique Receipt-It solution.This allows all payments made to MTC via any of FNB's payment...

Business

Okahandja mayor welcomes donkey abattoir

1 week ago - 16 March 2017 | Business

Okahandja mayor Johannes Hindjou has welcomed a proposal for the establishment of a donkey abattoir at the town.The proposed abattoir would slaughter donkeys and process...

Freedom Plaza complete by year-end

1 week ago - 16 March 2017 | Business

United Africa Group's Freedom Plaza in the Windhoek city centre represents the largest private property investment in Namibian history. The precinct is comprised of seven...

MTC brags with best call...

1 week ago - 16 March 2017 | Business

MTC has made significant strides in improving its service quality, according to a recent Independent Service Quality Assessment survey.Based on the survey, MTC comfortably leads...

PPS Insurance celebrates women

1 week ago - 16 March 2017 | Business

PPS Insurance held its annual Women's Breakfast on 3 March, paying tribute to female PPS members who have achieved success in the corporate or private...

Govt battles malaria burden

1 week ago - 15 March 2017 | Business

The health ministry yesterday said it was pulling out all the stops to contain a malaria outbreak in northern Namibia.However, health minister Bernard Haufiku said...

Bricks have had their day

1 week ago - 15 March 2017 | Business

Anglo-German investors Gerhard Dust, Anant Suchak and Ramon Gray may have the perfect solution to the country's housing woes. The trio presented a Build-It-Yourself housing...

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