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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Business / Economics

1232 Results / Page 92 of 137

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Business / Economics

08 March 2024 Morning Biz News: Economic Insights: NPTH Dividends, Sanlam’s Profit Surge, Currency and Oil Market Updates

In the ever-evolving landscape of global finance, recent developments have provided a comprehensive snapshot of economic trends and indicators. From Namibia's Post and Telecommunications Holdings (NPTH) disbursing significant dividends to South African insurer Sanlam's impressive profit surge, let's delve into the latest financial highlights and explore the current market dynamics. NPTH's Financial Contribution to Namibia Since its establishment in 1992, Namibia Post and Telecommunications Holdings (NPTH) has been a pivotal […]

todayMarch 8, 2024 15

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Business / Economics

Weekly Economics Wrap: Recent Developments in African Business: Market Dynamics, Regulatory Shifts, and Global Impacts

Schwenk Zement International GmbH Terminates Purchase Agreement with RWCo GmbH In a surprising turn of events, Schwenk Zement International GmbH has officially terminated its purchase agreement with RWCo GmbH regarding shares in Schwenk Namibia (Pty) Ltd. The stumbling block cited by RWCo is the Namibian Competition Commission conditions linked to the deal's approval. RWCo argues that these conditions lack a legal basis under Namibian competition law. This development adds a […]

todayMarch 7, 2024 12

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Business / Economics

07 March 2024 Morning Biz News: Namibia’s Oshikoto Region Receives Boost with N$400 Million Investment in Otjikoto Biomass Power Station

In a strategic move to combat energy supply shortages in the Oshikoto Region, the Namibian government has allocated a budget of N$400 million for the development of the 40-megawatt Otjikoto Biomass Power Station, located on the outskirts of Tsumeb. The announcement came from the Minister of Finance and Public Enterprises, Iipumbu Shiimi, emphasizing the government's commitment to enhancing the region's energy infrastructure. The Otjikoto Biomass Power Station is poised to […]

todayMarch 7, 2024 18

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Business / Economics

Telecom Namibia improves service quality

Telecom Namibia has announced the signing of key customer-facing business processes, marking a step forward in its commitment to improving service quality. This initiative forms phase one of a broader project, named Project Phoenix, aimed at optimising all internal processes within the s. Here's Telecom spokesperson Nomvula Kambinda with more.

todayMarch 6, 2024 63

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