insert_link Local Capricorn Foundation bolsters access to Early Childhood Development (ECD) educational materials The Capricorn Foundation reinforced its commitment to invest in early childhood education when, on Friday, 31 May 2024, it announced the extension of its partnership with the African Child Development Trust (ACDT). The Capricorn Foundation announced an investment of another N$575 000 into printing pre-primary and grades 1 to 3 workbooks. Since 2020, the Capricorn Foundation has enabled the African Child Development Trust to enhance Early Childhood […] todayJune 3, 2024 7
insert_link Local TRUSTCO shares surge 49% following positive trading update Trustco continues to demonstrate its ability to generate above-average investment returns. During the interim review period, Trustco's Net Asset Value (NAV) increased by 9.5% from NAD 1.15 billion (USD 62 million) to NAD 1.26 billion (USD 68 million) during the last six months. The NAV per share similarly grew to 128.2 cents, from 117.1 cents. The Group's profit for the 6 months ended 29 February 2024 […] todayMay 31, 2024 8
insert_link Local Bank of Namibia hosts public lecture on financial inclusion in rural areas The Governor of the Bank of Namibia, Mr. Johannes !Gawaxab, delivered a public lecture at the Namibia University of Science and Technology (NUST) in Eenhana, Ohangwena region. The lecture, under the theme "Unlocking Opportunities for Rural and Informal Sector Development through Financial Inclusion," highlighted the critical role of financial inclusion in transforming Namibia's rural economy. In his address, the Governor drew lessons from the Bank's 2023 Annual […] todayMay 31, 2024 11
insert_link Local Celebrating 50 Years of the German Language Diploma On March 16, 1972, the Standing Conference of the Ministers of Education and Cultural Affairs in Germany decided to create a "German Language Diploma," which has been offered since 1974. In 2024, the German Language Diploma of the Standing Conference of the Ministers of Education and Cultural Affairs (DSD) will turn 50 years old. The DSD is a language examination for German as a foreign language, which […] todayMay 30, 2024 15
insert_link Local TRUSTCO’s Winna Mariba powered by nbc concludes sensational debut season Trustco Group Holdings Ltd (Trustco) and the Namibian Broadcasting Cor poration (NBC) celebrate the resounding success of the first season of their highly-anticipated television game show, Winna Mariba. Since its launch on October 18, 2023, this collaboration has captivated Namibian audiences, culminating in a memorable 13th episode celebrity finale that aired on May 29, 2024. Trustco's Winna Mariba, powered by NBC and premiered on NBC2 on March […] todayMay 30, 2024 12
insert_link Local Promoting employee entrepreneurship – Nedbank Namibia hosts successful employee market da On 24 May Nedbank Namibia proudly hosted its inaugural employee market day, which provided a platform for staff to showcase and sell their products and promote their services. The employee market day took place at Freedom Plaza next to the Nedbank campus. Employees from the various departments within the bank transformed the area into a vibrant marketplace and set up 18 stalls that displayed a wide array of […] todayMay 30, 2024 3
insert_link Business / Economics EIB Global Invests €25 million in Amethis Fund III to promote sustainable growth of African businesses The has so far invested nearly €3 billion in equity funds with a geographic focus entailing Africa. In 2023, close to 60% of EIB’s fund investments were in Africa. Amethis has supported the growth of more than 30 African companies employing more than 40,000 people. European Investment Bank (EIB Global) has invested €25 million into Amethis Fund III, a pan-African fund providing private equity growth capital to medium […] todayMay 29, 2024 11
insert_link Local Gobabis and Rundu chess open tournaments conclude In separate chess tournaments held over the weekend on Saturday, 25 May, players participated in the Bank Windhoek 2024 Gobabis and Rundu Open Tournaments. The two events, facilitated by the Namibia Chess Federation (NCF) and supported by Bank Windhoek, took place in Gobabis and Rundu. Seventy-one participants competed in chess battles to prove their skill and excellence. With a mix of experienced players and promising newcomers, […] todayMay 29, 2024 5
insert_link Local Prohibition of placement of advertisement and posters on public roads The (RA) has noted with great concern the placement of advertisements within proclaimed road reserves without the necessary approvals. In some instances, advertisements are placed on road traffic signs, a practice that may lead to traffic accidents. Placement of any advertisements or posters on proclaimed road reserves is prohibited in terms of the Roads Ordinance 17 of 1972, which states that: • No person shall infringe any proclaimed […] todayMay 29, 2024 78
