Business

Uranium price worrisome

1 day - 09 December 2016 | Business

The Bank of Namibia’s governor Ipumbu Shiimi this week expressed concerned over the price at which uranium was trading, and indicated that it could curtail growth significantly in the mining sector. Another issue of concern...

Airlines profit drop coming

1 day - 09 December 2016 | Business

Airlines will make less profit in 2016 than previously expected and profits will fall in 2017 with oil prices rising and demand slowing, the International Air Transport Association (IATA) said on Thursday.IATA, representing some 265...

NDP4 failed to create enough jobs

2 days ago - 08 December 2016 | Business

The fourth National Development Plan (NDP4) created about 712 000 jobs against the target of 900 000 in 2014.National development advisor Johannes Ashipala said this in his presentation on a review of NDP4 and processing...

Visit GIPF offices this holiday

2 days ago - 08 December 2016 | Business

The Government Institutions Pension Fund regards stakeholder engagement as a key aspect of its business strategy and GIPF offices will be open throughout the holiday season, with the exception of public holidays. “We believe...

Moody’s affirms credit rating

3 days ago - 07 December 2016 | Business

STAFF REPORTERRatings agency Moody’s this week affirmed Namibia’s credit rating to Baa3 while changing its outlook from stable to negative. The agency warned that it would likely downgrade Namibia if its fiscal consolidation plan were...

GCR affirms Capricorn’s AA rating

3 days ago - 07 December 2016 | Business

STAFF REPORTER Global Credit Ratings (GCR) this week affirmed Capricorn Investment Holdings an AA and A1 in the long run...

Exports necessary to drive economy

3 days ago - 07 December 2016 | Business

NAMPA Namibia’s economic sustainability can only be guaranteed through the promotion of an export-led economic development strategy, economic planning minister...

3 African states hold firm against Opec

3 days ago - 07 December 2016 | Business

Opec''s mission to implement last week''s historic deal to curb production for the first time in eight years just got a little bit harder after...

Agri census nears completion

4 days ago - 06 December 2016 | Business

The Namibia Statistics Agency will release a completed agricultural census in March 2017, according to communication official Esther Simasiku. The agency has completed the communal...

Devils's claw harvesting bears fruit

4 days ago - 06 December 2016 | Business

Devil''s claw harvesters in the Zambezi Region this year managed to harvest approximately 34 tons of the plant, or just over N$1 million in revenue...

Onyx develops 1st African Android

4 days ago - 06 December 2016 | Business

A Johannesburg start-up is set to become the first company ever to manufacture smartphones in Africa, taking advantage of low costs and growing local demand...

Good governance in banking

4 days ago - 06 December 2016 | Business

STAFF REPORTER Nedbank: As the Head: Governance and Compliance, what are you responsible for?VI: I am responsible for governance...

Business

Komeho's moringa project bears fruit

5 days ago - 05 December 2016 | Business

A moringa tree cultivation project started by the Komeho Namibia Development Agency was handed over to the community of the Kaisosi settlement in Rundu last...

FastJet keen to take on...

5 days ago - 05 December 2016 | Business

Fastjet is considering expanding in South Africa as new chief executive officer Nico Bezuidenhout evaluates growth opportunities for the unprofitable discount airline and says the...

Much hoo-ha over Trump

5 days ago - 05 December 2016 | Business

FIN24 Donald Trump’s presidency may not be as dangerous to the world as people may think, said Old Mutual Investments...

Opec to meet non-Opec producers

5 days ago - 05 December 2016 | Business

Opec will meet non-Opec countries to finalise a global oil limiting pact on 10 December in Vienna, two sources told Reuters on Saturday.Two Opec sources...

Junk status for SA?

5 days ago - 05 December 2016 | Business

South Africa might be just hours away from losing its investment-grade rating at S&P Global Ratings, a relegation that could take years to undo, Reuters...

Ohorongo composite plant opened

1 week ago - 02 December 2016 | Business

Ohorongo Cement this week opened its new composite plant and introduced a third packaging line. The composite plant bolsters Ohorongo''s cement production capacity to one...

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