News By Category Business

Gold at two-week high on trade deal hope

16 hours ago | Business

Gold prices rose to their strongest level in more than two weeks yesterday as the US dollar weakened on hopes the United States and China are nearing a trade deal, while palladium hit a record...

First Russia-Africa business forum in October

16 hours ago | Business

In Sochi this October, the first Russia-Africa business forum will be held as part of the Russian-African Summit.According to the Roskongress Foundation, it is expected that the heads of African states, representatives of Russian, African...

Shorter Ondangwa trade fair planned this year

16 hours ago | Business

ONDANGWA – The ninth edition of the Ondangwa Trade and Industrial Exhibition (OTIE) will take place from 29 April until 4 May this year.The town’s spokesperson, Petrina Shitalangaho, told Nampa on Sunday they are shortening...

Company news in brief

16 hours ago | Business

MTN: SA's ex-ambassador to Iran arrestedPretoria's former ambassador to Iran has been arrested in South Africa on charges he took a bribe to help telecoms company MTN win a US$31.6 billion licence to operate in...

No plan to revive SME Bank: Schlettwein

1 day - 18 February 2019 | Business

After witnessing the collapse of the SME Bank, government has no plan to resuscitate the now liquidated SME Bank, finance minister Calle Schlettwein has said. Instead, government wants to push for a number of development...

Category

Recruitment of NAC CEO ongoing: Hangala

1 day - 18 February 2019 | Business

The process of selecting a chief executive officer for the Namibia Airports Company (NAC) is ongoing, the chairperson of the state-owned enterprise, Leake hangala, has...

Famed Cullinan mine banks on big diamonds to drive...

1 day - 18 February 2019 | Business

Emma Rumney and Barbara Lewis - The owner of one of the world's most famous diamond mines could be about a decade away from clearing...

Company news in brief

1 day - 18 February 2019 | Business

Sibanye-Stillwater may cut thousands of jobsSibanye-Stillwater could cut nearly 6 000 jobs in a potential restructuring of the company's gold mining operations following losses at...

FirstRand Namibia fights back

4 days ago - 15 February 2019 | Business

Jo-Maré Duddy – FirstRand Namibia bounced back to positive profit growth in the six months ended 31 December 2018 after taking a knock in the...

RA, Unam sign MoU

4 days ago - 15 February 2019 | Business

Justicia Shipena On 12 February, the Roads Authority (RA) and the University of Namibia (Unam) signed a memorandum of understanding (MoU) at the RA’s...

NaCC scrutinises fuel imports

4 days ago - 15 February 2019 | Business

The Namibia Competition Commission (NaCC) is requesting input from interested and affected parties on the reinstatement of the National Petroleum Corporation of Namibia's (Namcor) intent...

Company news in brief

4 days ago - 15 February 2019 | Business

Vodacom, Telkom welcome ECA bill withdrawalSouth African mobile network operators Vodacom and Telkom on Wednesday welcomed a government decision to withdraw a bill, which proposed...

Company news in brief

5 days ago - 14 February 2019 | Business

Heineken sees 2019 profit growth at similar pace to last yearHeineken, the world's second-largest beer maker, forecast its operating profit to grow at nearly the...

Company news in brief

6 days ago - 13 February 2019 | Business

Tanzania row overshadows Acacia's upbeat outputAcacia Mining beat forecasts on Monday with figures for its production and costs in 2018 that lifted the gold miner...

Namibian khalas hits market

1 week ago - 12 February 2019 | Business

Desert Fruit Namibia (DFN), one of only a limited number of date producers in the southern hemisphere, has begun to harvest Khalas – a new...

Company news in brief

1 week ago - 12 February 2019 | Business

Gushing profits for oil majors on crude priceThe world's top energy companies booked enormous profits last year thanks to higher oil prices and keeping a...

Cannabis craze weeds out junior...

1 week ago - 11 February 2019 | Business

Joe Bavier and Barbara Lewis - A boom in cannabis investment is siphoning capital away from mining and hitting junior miners hardest, forcing them to...

Phosphate mining on hold for...

1 week ago - 08 February 2019 | Business

?There will be no pronouncement on environmental clearance for marine phosphate mining in Namibia before another court battle on the matter is finalised. On 21...