Business

Capricorn remains resilient amidst Covid

12 hours ago | Business

Jo-Maré Duddy – Locally-listed Capricorn Group, with Bank Windhoek as its flagship brand, has provided payment holidays on loans freeing up N$343 million in cash flow to its clients, as well as committed and spent...

COMPANY NEWS IN BRIEF

12 hours ago | Business

American, JetBlue partnership to raise pricesUS Senator Richard Blumenthal, a Democrat who has been outspoken on antitrust issues, expressed concern to the Transportation Department on Friday that a partnership between American Airlines and JetBlue Airways...

Momentum urges women to invest more

12 hours ago | Business

TUYEIMO HAIDULAWINDHOEKNotwithstanding decades of progress towards achieving equality in the workplace, Momentum Namibia investment managing director Evangelina Nailenge has challenged women to see themselves as investors because “money knows no gender”.Nailenge was speaking last Saturday...

Kinshasa in frozen chicken battle

3 days ago - 17 September 2021 | Business

ANNIE THOMASFrozen chicken, deemed more convenient and cheaper than fresh poultry that needs to be killed and plucked, is hugely popular in Kinshasa where residents have grown dependent on it.So much so that it is...

COMPANY NEWS IN BRIEF

3 days ago - 17 September 2021 | Business

Air New Zealand studying low-emissions Air New Zealand Ltd said it was studying how it could use low-carbon technologies like electric, hybrid or hydrogen powered planes to dramatically reduce emissions from shorter and regional flights...

Capricorn’s profit after tax jumps 14.8%

3 days ago - 16 September 2021 | Business

Jo-Maré Duddy – Locally-listed Capricorn Group, with Bank Windhoek as its flagship brand, today reported an operating income of more than N$1.29 billion for its...

Nedbank Kapana Cook-off set for this weekend

4 days ago - 16 September 2021 | Business

STAFF REPORTERThe 2021 Nedbank Kapana Cook-Off Competition, which was launched on 7 May 2021, will host its central round on Saturday, 18 September at the...

COMPANY NEWS IN BRIEF

4 days ago - 16 September 2021 | Business

J&J reports promising Ebola vaccine dataJohnson & Johnson (J&J) said on Monday its Ebola vaccine regimen demonstrated antibody immune responses in adults and children, citing...

COMPANY NEWS IN BRIEF

5 days ago - 15 September 2021 | Business

BAT made dubious payments to Africa Tobacco giant British American Tobacco (BAT) allegedly made hundreds of "questionable payments" in 10 African countries over five years...

COMPANY NEWS IN BRIEF

6 days ago - 14 September 2021 | Business

Toyota, Honda oppose US tax planToyota Motor Corp and Honda Motor Co on Saturday sharply criticized a proposal by Democrats in the U.S. House of...

Better year for Oryx Properties

1 week ago - 13 September 2021 | Business

Jo-Maré Duddy – Locally-listed Oryx Properties provided Covid-19-related rent concessions to tenants to the tune of N$27.2 million in its 2021 financial year, bringing its...

Company news in brief

1 week ago - 13 September 2021 | Business

Toyota cuts production targetToyota Motor Corp cut its annual production target by 300 000 vehicles on Friday as rising Covid-19 infections slowed output at parts...

Business

Smaller loss for Oryx

1 week ago - 10 September 2021 | Business

Jo-Maré Duddy – Locally-listed Oryx Properties reported a total comprehensive loss of about N$32.1 million for the year ended 30 June 2021, significantly lower than...

FirstRand Nam in recovery mode

1 week ago - 10 September 2021 | Business

Jo-Maré Duddy – A massive drop of 57% in credit impairment charges boosted FirstRand Namibia’s profit for its 2021 book-year back above the N$1-billion level.The...

Understanding debit orders in banking...

1 week ago - 10 September 2021 | Business

STAFF REPORTERIn an effort to promote financial literacy, the Bankers Association of Namibia (BAN) urges the public to familiarise themselves with banking products which are...

COMPANY NEWS IN BRIEF

1 week ago - 10 September 2021 | Business

US airlines to support sustainable aviation Major US airlines plan to back a voluntary industry target of 3 billion gallons of sustainable aviation fuel in...

FirstRand Namibia’s profit up 24%

1 week ago - 09 September 2021 | Business

Jo-Maré Duddy – Locally-listed FirstRand Namibia, with FNB Namibia and RMB Namibia as major brands, recorded a profit of N$1.032 billion for the year ended...

COMPANY NEWS IN BRIEF

1 week ago - 09 September 2021 | Business

Toyota to develop electric battery systemToyota Motor Corp said on Tuesday it expected to spend more than US$13.5 billion by 2030 to develop batteries and...

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