insert_link Business / Economics Development Bank of Namibia Reports N$62 Million Profit Amidst Job Creation Efforts The Development Bank of Namibia has announced an investment of over N$21 billion towards the country's development, resulting in the creation of more than 76,000 jobs since its establishment 20 years ago. For the FY2023/2024, according to reports by The Brief, the bank reported a net operating profit of N$62 million, a significant recovery from the N$270 million loss in 2022. Although the bank aimed for a N$100 million profit, […] today1 November, 2024
insert_link Business / Economics MSC Cruises Welcomes 42 Namibians to Its Onboard Team Over 40 locals have landed jobs with MSC Cruises following a recruitment initiative launched in collaboration with the Namibia Investment Promotion and Development Board in June. The Brief says NIPDB announced that 42 candidates received letters of intent and are preparing to join the cruise line's fleet between November 2024 and January 2025. Positions include roles in hospitality, business administration, beauty and wellness, housekeeping, sales, and culinary services. This initiative […] today1 November, 2024
insert_link Local Omulunga Radio alongside Fly Namibia hosted a Thrilling series of Football Semifinals and Finals. The much-anticipated football event at Oshakati Independence Stadium concluded with an exhilarating display of talent and competition. The semifinals and finals delivered unforgettable moments as teams vied for glory in this one-day tournament. In the first semifinal, Okahao Masters faced off against Northern Coaches, where the latter emerged victorious with a score of 2-0, securing their spot in the final. The second semifinal saw Oshakati Social Club battle Northern Legends, […] today30 October, 2024
insert_link Namibia IPPR Highlights Key Issues Ahead of Mid-Year Budget Review Graham Hopwood, Director of the Institute for Public Policy Research, spoke about the organization's years-long consultations with the Ministry of Finance and Public Enterprises. In preparation for the upcoming mid-year budget review set for today, the IPPR has gathered insights and proposals from various civil society groups to emphasize critical issues that need to be addressed by the Minister and his team. today28 October, 2024
insert_link Local Fostering Growth and Prosperity for Farmers in Challenging Times Bank Windhoek’s Executive Officer for Retail Banking Services and Specialist Finance, James Chapman, stated that the livestock and meat industry experienced a notable uptick in marketing activities during the first quarter of 2024, particularly in the cattle sector, which recorded a remarkable growth rate of 47.9 percent. However, he highlighted that this growth faces challenges due to limited rainfall and high input costs affecting the sustainability of the agricultural […] today24 October, 2024
insert_link Business / Economics Trade Minister launches national trade policy The Minister of Industrialisation and Trade, Lucia Iipumbu has launched the National Trade Policy. This Policy will guide the country's trade relations with the rest of the world and was formulated within the scope of Vision 2030. The Ministry's spokesperson, Elijah Mukubonda. today14 October, 2024
insert_link Africa Pan-African Youth Organization marks two decades Pan-African Youth Organization Marks Two Decades of Empowering Young Africans to Break the Cycle of Poverty and Drive Sustainable Change Image distributed by African Media Agency on behalf of gold-youth. RWANDA, Africa, 2 October 2024 -/African Media Agency(AMA)/- From classrooms to communities, gold-youth has been unlocking the potential of Africa’s young leaders for two decades. Now, it is set to expand its impact and reshape the future of an entire continent. gold-youth […] today2 October, 2024
insert_link Business / Economics AU Member States join MSME forum in Windhoek The 3rd Annual Micro Small and Medium Enterprises Forum is currently underway in Windhoek. The forum has attracted delegates from 55 African Union member states and presents opportunities for SMEs from different African countries to showcase their products. We caught up with some exhibitors. SME Compete director, Danny Meyer. Thursday is the day last day for exhibitions at the AU MSME Forum. H.E. Amb. Albert Muchanga, the African Union […] today12 September, 2024
insert_link Africa UK-Zimbabwe Business Expo 2024 to Showcase Top Zimbabwean Enterprises to UK Market On 5th October 2024, the UK-Zimbabwe Business Expo will convene at the Bethel Convention Centre in Birmingham, marking a significant milestone in the economic relationship between Zimbabwe and its diaspora community. Organised by the Zimbabweans in Diaspora Organisation (ZIDO) and Vaka Ekhaya, this event aims to foster substantial investment opportunities and wealth creation, responding to the Zimbabwean government’s call for diaspora involvement in the nation’s economic development. The Expo […] today23 August, 2024
