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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Finance

44 Results / Page 1 of 5

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Business / Economics

National accounting summit kicks off in Windhoek

The Institute of Chartered Accountants of Namibia's National Accounting Summit 2024 is underway in Windhoek, under the theme, "Shaping the Future of Accounting through Influence and Innovation." Here is Fenni Nghikevali, the CEO of the Institute of Chartered Accountants of Namibia.     Nghikevali also explains the challenges they are faced with.  

todayOctober 17, 2024 17

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Oshiwambo

Namibia okwa tameke nuunashipundi wo Southern African Customs Union (SACU) Summit, Council of Ministers and Commission

Namibia okwa tameke nuunashipundi wo Southern African Customs Union (SACU) Summit, Council of Ministers and Commission, okuza nena mo 15 July. Uunashipundi owuulike etameko lyoshikako sha Namibia shomumvo 1,tashiya pehulilo mo 14 July 2025. Amushanga omukuluntu go SACU Secretariat Thabo David Khasipe nena mo Windhoek okwati Namibia okwa kutha oshinagwanithwa ku Lesotho,ngoka kwali omunashipundi go SACU okuza mo 15 July 2023 sigo 14 July 2024. Ta tseyitha kutya omupresitend Nangolo […]

todayJuly 15, 2024 22

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Business / Economics

Standard Bank’s Thomas Koneka Iindji dies aged 44

Renowned banker and former Namibia Chamber of Commerce and Industry Northern Branch Chairperson, Thomas Koneka Iindji, has died aged 44. This, according to the Namibia Press Agency, was confirmed by a family member, saying that Iindji died on Tuesday in Windhoek. At the time of his death, he held the position of Head of Business and Commercial Banking at Standard Bank, a position he assumed in February this year. He […]

todayApril 23, 2024 105

Local

Rwanda to host Shelter Afrique Development Bank’s 43rd AGM in June 2024

    Rwanda will host Shelter Afrique Development Bank (ShafDB) 43rd Annual General Meeting (AGM) in June Kigali, the Company has disclosed. This follows the nomination of Rwanda as the next host country at Shelter Afrique Development Bank’s 42nd AGM held in Abuja, Nigeria, and the subsequent signing of the host country agreement between the Company and the Government of Rwanda in Kigali in March. The host country agreement was signed by […]

todayApril 23, 2024 29

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Local

TRUSTCO Group solidifies insurance and property holdings with strategic transaction.

    Trustco Group Holdings Limited (Trustco) today announced its acquisition of an additional 11.35% interest in Legal Shield Holdings Limited (Legal Shield) from Riskowitz Value Fund LP (RVF) for NAD 468 million. This will increase Trustco’s holding in Legal Shield to 91.35%. The strategic transaction fortifies Trustco's investment footprint in the insurance and real estate sectors in Namibia, both primed for substantial growth in the post-pandemic landscape. The coveted […]

todayApril 23, 2024 6

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Business / Economics

Global Financial Landscape: Collaborative Initiatives and Market Dynamics

Germany and Namibia Join Forces for Green Hydrogen Initiative In a significant stride towards sustainable energy development, Germany and Namibia have inked a pivotal agreement to bolster the Green Hydrogen Namibia Programme. This collaborative effort signifies a dedicated push towards constructing local H2 value chains aimed at fostering socio-economic growth while prioritizing environmental sustainability. The Green Hydrogen Namibia Programme, a newly established organization, emerges as a beacon of hope in […]

todayMarch 22, 2024 5

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Business / Economics

07 March 2024 Morning Biz News: Namibia’s Oshikoto Region Receives Boost with N$400 Million Investment in Otjikoto Biomass Power Station

In a strategic move to combat energy supply shortages in the Oshikoto Region, the Namibian government has allocated a budget of N$400 million for the development of the 40-megawatt Otjikoto Biomass Power Station, located on the outskirts of Tsumeb. The announcement came from the Minister of Finance and Public Enterprises, Iipumbu Shiimi, emphasizing the government's commitment to enhancing the region's energy infrastructure. The Otjikoto Biomass Power Station is poised to […]

todayMarch 7, 2024 18

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Business / Economics

5 March 2024 Morning Biz News: Recent Developments in Finance and Business: Avo SuperShop, Canal+’s MultiChoice Bid, Global Market Updates

In the dynamic landscape of finance and business, recent announcements and developments have caught the attention of investors and consumers alike. From the successful growth of Nedbank Namibia's Avo SuperShop to Canal+'s strategic move towards acquiring MultiChoice, and the latest updates in global markets, these events reflect the ever-evolving nature of the economic world. Nedbank Namibia's Avo SuperShop Flourishes: Nedbank Namibia proudly announces the remarkable expansion of its Avo SuperShop, […]

todayMarch 5, 2024 9

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Business / Economics

04 March 2024 Morning Biz News: Financial Highlights: Schwenk Zement, Rand Stability, CBN Forex Crackdown, and Oil Price Surge

1. Schwenk Zement International Terminates Purchase Agreement In a recent development, Schwenk Zement International GmbH has officially terminated its purchase agreement with RWCo GmbH concerning shares in Schwenk Namibia (Pty) Ltd. The stumbling block cited by RWCo is the Namibian Competition Commission conditions linked to the deal's approval. RWCo argues that these conditions lack a legal basis under Namibian competition law. The termination brings an end to what was expected […]

todayMarch 4, 2024 12

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