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    Josia Shigwedha

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    Josia Shigwedha

Willy Martens

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Business / Economics

Debmarine Namibia faces N$7.1 billion loss amid market challenges

(Video of Debmarine Namibia's Chief Executive officer, Willy Martens deliberating on the matter) By: Hertha Ekandjo Debmarine Namibia has recorded a loss of N$7.1 billion between 2023 and 2024. The company’s earnings before interest, tax, depreciation, and amortisation have fallen from N$6.76 billion in 2022, with market conditions alone stripping away N$2.3 billion in 2023 and another N$4.8 billion in 2024. This was revealed thy Debmarine`s Chief Executive Officer, Willy […]

today17 March, 2025