Business

Namibians first!

16 hours ago | Business

The Construction Industries Federation (CIF) of Namibia has proposed that bidders with less than 100% ownership by Namibian citizens should be disqualified from bidding for contracts of less than N$10 million and up to N$50...

Satrix lists ETFs on local bourse

16 hours ago | Business

Satrix on Tuesday announced its secondary listing of its global exchange traded funds (ETFs) suite on the Namibian Stock Exchange (NSX).The listing is the first phase of Satrix move to take its ETFs into the...

Pupkewitz Megaboards opens door

16 hours ago | Business

Pupkewitz Megabuild recently opened a new subsidiary, Pupkewitz Megaboards. “Pupkewitz Megabuild continues to expand its product and service offering in line with the Pupkewitz Group’s ethos of customer satisfaction through service excellence,” the company said...

Company news in brief

16 hours ago | Business

Egypt, Nissan agree to produce 100 000 cars a yearEgyptian state-owned carmaker El Nasr Automotive Manufacturing and Japan's Nissan have reached an initial agreement to produce 100 000 cars a year in Egypt, the minister...

Wapeka: A new kid on the block

16 hours ago | Business

Michelline NawatisesThese cleaning detergents came into existence as of January 2019, in line with a New Year’s resolution.Wapeka Cleaning Materials is a proudly Namibian cleaning materials, chemicals, toiletries and cleaning equipment business, which is run...

Palladium hits record high

2 days ago - 20 March 2019 | Business

Palladium surged to a record yesterday as the risk of a ban on some Russian exports added to supply concerns for the autocatalyst metal. Spot...

Company news in brief

2 days ago - 20 March 2019 | Business

Steinhoff ex-chairman open to talksFormer Steinhoff chairman and top shareholder Christo Wiese is open to negotiations over his US$4 billion claim against the company, he...

State supports non-compliant security firms

2 days ago - 20 March 2019 | Business

Employers and trade unions agree that one of the major issues facing the Namibian security services industry is that some government institutions continue to appoint...

Audit to determine local stake in construction tenders

3 days ago - 19 March 2019 | Business

ONHUNO – The ministry of works and transport is currently undertaking an audit process to identify Namibian-owned companies which was awarded tenders in the last...

Company news in brief

3 days ago - 19 March 2019 | Business

Antitrust watchdog raids Glencore businessIndia's antitrust watchdog raided units of global commodities trader Glencore and two other firms in Mumbai on Saturday in an inquiry...

Strong kick in NamBrew results

4 days ago - 18 March 2019 | Business

Jo-Maré Duddy – NamBrew’s jump of nearly 53% year-on-year in its profit for the six months ended 31 December 2018, and especially the performance of...

Boost effectiveness, fight corruption

4 days ago - 18 March 2019 | Business

Although government’s effectiveness, as measured by the International Labour Organisation (ILO) and the Namibian Employers’ Federation (NEF), has improved from 2009 to 2015, its latest...

Business

Massive jump in NamBrew’s profit

1 week ago - 15 March 2019 | Business

Namibia Breweries Ltd reported a profit of nearly N$366.7 million for the six months ended 31 December 2018. Compared to the same half-year in 2017,...

Dimmer production year for Otjikoto

1 week ago - 15 March 2019 | Business

Jo-Maré DuddyThe Otjikoto mine in the North last year contributed nearly 18% to majority shareholder B2Gold Corp's record annual consolidated gold production of 953 504...

Employees get stake in Hangala...

1 week ago - 15 March 2019 | Business

Hangala Group (Pty) Ltd, a diversified holding company wholly-owned and controlled by Namibians, has established of a trust to hold shares in the company for...

Company news in brief

1 week ago - 15 March 2019 | Business

MTN to list Nigerian unit South African telecoms firm MTN Group Ltd expects its Nigerian subsidiary to list on the local stock exchange "probably more...

Otjikoto loses some shine in...

1 week ago - 14 March 2019 | Business

The Otjikoto mine produced 167 346 ounces of gold last year, 24 188 ounces or 13% less than 2017.Releasing its latest annual results this morning,...

Windhoek ‘low’ on quality of...

1 week ago - 14 March 2019 | Business

Windhoek is the 131st city with the best quality of living out of 231 worldwide, according to a new international survey.The Mercer 2019 Quality of...

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