13 November 2024 Morning Biz News: Key Business Developments

13 November 2024 Morning Biz News: Key Business Developments

In this edition of Biz News, we bring you a round-up of some key business developments from across the region and globally, with a focus on growth, innovation, and sustainability. Nictus Holdings Expands with Walvis Bay Acquisition Nictus Holdings Group of Companies has recently announced a significant acquisition: the Build IT branch in Walvis Bay. This move marks a key milestone in the company’s expansion strategy, reinforcing its […]

November 13, 2024 9

Business / Economics

30 October 2024 Morning Biz News: Economic Update: Procurement Compliance Issues and Market Developments

Recent reports from the Institute for Public Policy Research reveal that only 43% of public entities in Namibia have submitted their annual procurement plans for the 2024/25 financial year. Of the 173 entities required to comply, just 75 had met the deadline by late October, raising concerns about significant delays at this midpoint of the fiscal year. This lack of compliance not only hinders effective resource allocation but may […]

October 30, 2024 7

Business / Economics

23 October 2024 Morning Biz News Update: Innovations and Market Movements

FNB Namibia Launches Innovative ChatPay Feature FNB Namibia has taken a significant step towards enhancing user experience by introducing a new chat feature within the FNB App. The innovative ChatPay allows users to initiate payments seamlessly without requiring a formal bank account number. According to Amore Nicholson, the Digital Banking Head at FNB Namibia, this solution combines convenience, simplicity, and affordability. Customers can now chat and make payments simultaneously and […]

October 23, 2024 27