Business

TransNamib business plan ripped apart

1 week ago - 06 October 2017 | Business

The TransNamib board has not found the going particularly easy as far as the planned implementation of its new strategic business plan is concerned. The board paid President Hage Geingob a courtesy call this...

Business survey for Ongwediva

1 week ago - 04 October 2017 | Business

Ongwediva residents have welcomed the town's business survey, saying that it will be a great step in ensuring that no unnecessary businesses are set up.The survey, the first of its kind in Ongwediva, started Saturday...

Epangelo lya ndopa okuningila oomina omakonaakono

2 weeks ago - 28 September 2017 | Business

ELLANIE SMIT Uule woomvula dha piti ngashiigeyi, omahala goomina moNamibia inaga ningilwa omakonaakono komalelo gomondjila, sheetitha okwaaha landula oompango dhomidhingoloko oshowo okweetitha eyonagulo komudhingoloko.Uuyelele mboka owa adhika molopota yoaudit report yoomvula 2011/12 to 2014/15,...

Stimulus sells Joe's Beerhouse property

3 weeks ago - 26 September 2017 | Business

OGONE TLHAGEStimulus has finalised the disposal of a Windhoek property on which Joe's Beerhouse is situated in compliance with the regulations of the Namibia Financial Institutions Supervisory Authority (Namfisa).Speaking to Namibian Sun about the transaction,...

World in brief

3 weeks ago - 26 September 2017 | Business

German business confidence downConfidence among German businesses eroded slightly in September, a regular survey published yesterday found, reflecting uncertainty ahead of a general election on Sunday that has left Chancellor Angela Merkel facing tricky coalition...

Oil holds gains as producers say market rebalancing

3 weeks ago - 26 September 2017 | Business

TOKYO - Oil prices stood little changed yesterday, keeping most of their gains from the previous session to hold near their highest levels in months,...

NamBrew puts 'prost!' back into Local Index

3 weeks ago - 25 September 2017 | Business

Jo-Maré DuddyInvestors were thirsty for Namibia Breweries Ltd's (NBS) shares last week and were willing to fork out for it.As such, NamBrew was the undisputed...

Letshego extends IPO, reduce price offer

3 weeks ago - 25 September 2017 | Business

Investors keen to get their hands on Letshego Namibia Holdings' shares before the company lists on the Local Index of the Namibian Stock Exchange (NSX)...

Africa Briefs

3 weeks ago - 25 September 2017 | Business

Nigerian banks below minimum liquidity ratioFour Nigerian banks are operating with too many non-performing loans on their books and with liquidity ratios below the minimum...

Association for metal fabrication formed

3 weeks ago - 25 September 2017 | Business

The First Namibian Association of Metal Fabrication (NAMF) to drive the implementation of the growth strategy until 2020 was introduced last week.The formation of the...

Zuckerberg nixes new Facebook share class

3 weeks ago - 25 September 2017 | Business

WILMINGTON, Del. - Facebook Inc Chairman Mark Zuckerberg abandoned plans on Friday to create a new class of company stock with no voting power, which...

Construction wage deadlock

3 weeks ago - 22 September 2017 | Business

Negotiations to determine the increase of minimum wages and minimum employment conditions for the Namibian construction sector have reached a deadlock and employers' and workers'...

Business

Lufthansa chief eyes up to...

3 weeks ago - 22 September 2017 | Business

The chief of Germany's largest airline, Lufthansa, has said he hopes to buy up to 78 planes from bankrupt Air Berlin, dismissing fears the insolvency...

UK pushes ahead with nuclear...

3 weeks ago - 21 September 2017 | Business

Under pressure from Brexit and the declining costs of renewable energy, Britain's nuclear industry is increasingly relying on supportive government policy to plough on with...

Sasol disbands debt-ridden BEE scheme

3 weeks ago - 21 September 2017 | Business

Petrochemical giant Sasol announced yesterday that it will disband its black economic empowerment scheme Sasol Inzalo when it matures next year. In its place it...

Veya ICT grows regional footprint

3 weeks ago - 20 September 2017 | Business

The launch of VEYA ICT's Erongo regional office branch in Walvis Bay on Friday signalled the company's expansion into Erongo Region.According to VEYA's managing director...

Coastal pre-fab company set to...

3 weeks ago - 20 September 2017 | Business

EOS Capital has announced it acquired a majority 90% of the ordinary share capital of Panel To Panel.Ten percent of the company remains with the...

Implats to cut 2 500...

3 weeks ago - 20 September 2017 | Business

South Africa's second-largest platinum mining company has initiated a process that may lead to 2 500 staff reductions at its lossmaking Impala Rustenburg operation, where...

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