Brazil raised nearly $2 billion (~R31.85 billion) Friday with the auction of two large oil blocks, drawing bids from major...

Barloworld is set to delist from the Namibian Stock Exchange (NSX) after its board applied for approval in favour of...

The Integrated Phase Classification (IPC) estimates that approximately 659,000 Namibians, making up 26% of the population, are facing high levels...

Global internet giant Google announced its first investment into the African Investment Fund on Thursday, directed at Nigerian and Ugandan...

Zimbabwe will levy a controversial new US$50 (R810) tax on imported smartphones - but only where it cannot be proven...

Fuel supply hiccups have characterised Zambia’s fuel price increase on Friday as the southern African country kick-started austerity measures under...

The Ministry of Finance says Namibia’s much-awaited Sovereign Wealth Fund, dubbed the Welwitschia Fund, will only be launched during the...

JSE-listed micro-cap jewellery and watch retail group Luxe Holdings has announced a partnership deal with Durban-based Retailability that will see...

The Namibia Investment Promotion and Development Board (NIPDB) has been awarded with a Quality Achievement Award by the European Society...

The City of Windhoek in November approved plans for 144 projects worth N$186.5 million. Of the plans approved, N$102.1 million...