insert_link Local Amakali is Bank Windhoek’s new Head of Management Accounting On Wednesday, 5 June 2024, Bank Windhoek’s Chief Financial Officer, Zenaune Kamberipa, announced the appointment of Gideon Amakali as the Bank’s new Head of Management Accounting, effective 1 June 2024. “With his valuable experience in various industries, we are confident that Amakali will add further significant value to his new role and Bank Windhoek’s Finance Department,” said Kamberipa. Kamberipa said that in his new role, Amakali will manage […] today6 June, 2024
insert_link Local Hileni Amadhila joins Old Mutual Namibia as Senior Public Relations, Stakeholder, and Communications Consultant Old Mutual Namibia is pleased to announce the appointment of Hileni Amadhila as the new Senior Public Relations, Stakeholder, and Communications Consultant within the Group Marketing, Public Affairs, and Sustainability team. Hileni brings over 11 years of extensive experience in strategic marketing and communication to her new role at Old Mutual Namibia. With a proven track record in leading external and internal communication, PR, advertising, and brand management, […] today6 June, 2024
Local The Use of the Integrated Mobile Voter Registration System (IMVRS) for the Conduct of the 2024’s General Registration of Voters (GRV) The Commission wishes to share ongoing information related to the Integrated Mobile Voter Registration System (IMVRS), following the commencement of the general voter registration process, and some interest shown by the public in the system: 1. During 2010 – 2013, ECN migrated from the manual paper-based voter registration system to a Custom-Made digital biometrics voters registration system, referred to as Mobile Voters Register System (MVRS). This system […] today6 June, 2024
insert_link Business / Economics Trustco’s Meya Mining Investment confirms $763 million diamond resource Trustco Group Holdings Limited (TTO.SJ) has announced that Meya Mining, in which Trustco’s mining portfolio holds a 19.5% interest, and is located within the eastern province of Sierra Leone, has released promising findings from a diamond resource estimate for the Meya River Kimberlite Dyke. The report confirms the total kimberlite ore down to a depth of 800m below surface is 6.05 million tonnes. The assessed in-situ grade is […] today5 June, 2024
insert_link Local Namibia’s new visa regime: a step backward for tourism and economic growth The SADC Business Council Tourism Alliance has expressed deep concern over Namibia's proposed restrictive visa regime, which could severely hamper the country's tourism industry and economic growth. This policy shift appears to contradict Namibia Airports Company’s recently launched air access strategy, “Air Connect Namibia”, aimed at increasing international flights and connectivity. The implementation of stricter visa requirements could have a detrimental impact on various sectors of […] today4 June, 2024
insert_link Local Bank Windhoek appoints Shivute as Sales and Bancassurance Executive On Friday, 31 May 2024, Bank Windhoek’s Managing Director, Baronice Hans, announced the appointment of Saara Shivute as the Bank’s Executive Officer of Sales and Bancassurance, effective 1 June 2024. Hans said that since joining Bank Windhoek in 2018 as Head of Specialist Finance, Shivute has been instrumental in driving the Bank’s success as part of its Growth Strategic Pillar. As the Sales and Bancassurance Executive Officer, […] today4 June, 2024
insert_link Local Long-serving Ultimate Safaris staff reap the rewards. Ten Ultimate Safaris Tribe Trust trustees were earlier this month paid their share of the almost N$ 140 000 Trust dividends, each of them walking away with almost the equivalent of a full month’s salary. Dividend declarations are guided by Ultimate Safaris conservative dividend policy, which dictates that 30% of profits are declared as dividend and the remaining 70% reinvested into the company and building resilience for […] today3 June, 2024
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 […] today3 June, 2024
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 […] today31 May, 2024