insert_link Local Bank of Namibia launches industry kick-off for instant payment programme The Bank of Namibia recently hosted the industry kick-off for the Instant Payment Programme (IPP), a transformative initiative aimed at enhancing financial inclusion and accessibility across the country. Mr. Marsorry Ickua, Officer in Charge at the Bank of Namibia, officiated at the event, highlighting the IPP’s commitment to inclusivity. The Instant Payment Solution is designed to be accessible on any device, including non-smartphones, ensuring that […] todayJuly 1, 2024 19
insert_link Local Alexforbes Partners with Padel to Launch Corporate League Alexforbes has partnered with Namibia Padel to establish the Alexforbes Padel Corporate League. This initiative is set to enhance fitness, foster team spirit and provide valuable networking opportunities among corporate teams. The league will culminate in a full-day final event on Saturday, 26 October 2024. Sponsorship and participation details Alexforbes has committed N$ 70,000 to sponsor the league. Entries for the league close on 26 July […] todayJuly 1, 2024 26
insert_link Local Capricorn Private Wealth announces Medical Congress partnership On Friday, 28 June 2024, Capricorn Private Wealth (CPW) announced its sponsorship of N$ 200,000 towards the 43rd Annual Medical Congress facilitated by the Medical Association of Namibia (MAN). The event will take place at the University of Namibia Hage Geingob Campus from Friday, 12 July to Saturday, 13 July 2024, in Windhoek. Delegates, exhibitors, medical doctors and students from across the country will attend the event to […] todayJuly 1, 2024 5
insert_link Local ATIDI underwrites Globeleq’s USD 117 million geothermal power project in Kenya Nairobi-based pan-African insurer, African Trade and Investment Development Insurance (ATIDI) has provided a political risk insurance cover for Globeleq's 35 MW Menengai Geothermal power project in Kenya. This support will be extended via the Regional Liquidity Support Facility (RLSF) - a joint effort by ATIDI, KfW Development Bank, and the Norwegian Agency for Development Cooperation (Norad). It helps renewable energy Independent Power Producers (IPPs). The project, the first to […] todayJuly 1, 2024 14
insert_link Local Fuel Price Decreases Announced for July 2024 The Ministry of Mines and Energy has completed its review of the fuel prices for July 2024, with significant changes announced following a recent decline in global oil prices. Global Oil Price Trends Oil prices recently dropped to a four-month low, influenced by the Organization of the Petroleum Exporting Countries and its allies (OPEC+) decision to maintain production levels steady until the end of 2025. This decision, […] todayJuly 1, 2024 547
insert_link Local Botswana President Masisi to Officiate at SWAiTEX 2024 The 9th edition of the NCCI Swakopmund International Trade Expo (SWAiTEX) kicks off on the 1 st to the 6 th of July 2024 at the Vineta Sports stadium in Swakopmund. The event’s Official ceremony scheduled for the 3rd of July 2024 will be attended by H.E. Dr. Nangolo Mbumba, the President of the Republic of Namibia and H.E. Dr. Makgweetsi E.K. Masisi, the President of […] todayJune 26, 2024 70
insert_link Local NBL and Nafau sign 18-month substantive wage agreement Namibia Breweries Limited (NBL) and the Namibia Food and Allied Workers Union (NAFAU) recently signed an 18-month substantive wage agreement for the period 01 July 2024 to 31 December 2025. With effect from 01 July 2024, all bargaining unit employees will receive a wage increase of 2.5% on basic salaries from July to December 2024 and 6% on basic salaries from January to December 2025. Furthermore, an […] todayJune 26, 2024 7
insert_link Local Nedbank for Good Series completes a successful tour of the northern region. The 2024 Nedbank for Good Series completed a successful series tour to Tsumeb and Oshakati this past fortnight, with the focus now shifting to the southern region in July and August. The first pit stop for the series was Tsumeb, where 46 golfers took to the tee on Saturday 8 June at the Tsumeb Golf Club. In the men’s division, Tsumeb’s defending champion, Videlis Hanganda, emerged […] todayJune 26, 2024 14
insert_link Local Bank Windhoek, City of Windhoek celebrate MSME Day with entrepreneurs Celebrated annually on 27 June is Micro, Small and Medium Enterprises (MSME) Day, designated by the United Nations to highlight the potential of micro, small and medium-sized enterprises to transform economies, foster job creation and promote equitable economic growth. Bank Windhoek’s Head of SME, Financial and Data Analytics, Bianca Janse Van Vuuren, highlighted that SMEs are the backbone of Namibia’s economy, driving innovation, creating jobs, and […] todayJune 26, 2024 16
