Namibia’s hospitality sector exhibited resilience in October 2023

Namibia’s hospitality sector exhibited resilience in October 2023, with national occupancy rates holding steady at 65.5%, consistent with the figures reported in September 2023. This marked an improvement from the 54.6% occupancy rate recorded in October 2022. CEO of HAN Gitta Paetzold.

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Written by: Leonard Witbeen

FUTURE MEDIA NEWS Gitta Paetzold HAN Hospitality Association Of Namibia

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Nedbank net income rose to N$956m in 2023/2024

By: Hertha Ekandjo Nedbank Namibia’s net interest income rose to N$956 million in 2024 from N$934 million in 2023. There was a 6% rise in loans and advances, reflecting a stronger demand for credit amid recovering economic conditions. Additionally, interest paid to clients grew by 2%, reaching N$1.184 billion, up […]

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