SA is likely to miss 2021 economic growth forecast
South Africa’s economic growth forecast of 5.1% for 2021 is at risk after more than 90 nations imposed travel bans...
Nestle to trim L’Oreal stake to 20% with share sale
Nestle SA is selling part of its stake in L’Oreal SA back to the cosmetics maker for 8.9 billion euros...
Repo rate kept unchanged at 3.75%
The Bank of Namibia’s Monetary Policy Committee (MPC) on Wednesday resolved to keep the repo rate unchanged at 3.75%, BoN...
BoN to keep interest rates on hold?
The Bank of Namibia (BoN) is expected to deliver the country's last Monetary Policy Announcement of the year tomorrow (Wednesday),...
Nictus forecasts increase in interim profit
Nictus Holdings Limited (NHL) says it expects significant increases across all recognised profitability benchmarks, with earnings per share (EPS) surging...
Zimplats invests R28 billion into new mine and solar power plant
Zimplats, the Zimbabwean unit of Impala Platinum, has announced a new $1.8 billion (about R28 billion) capital shore-up to develop...
De Beers to explore mining in Angola
Diamond miner De Beers Group has applied to conduct exploration activities in north-eastern Angola following substantive and consistent reforms implemented by the...
Standard Bank ventures into in-store banking
Standard Bank Namibia has opened its first in-store banking branches in the country that will operate outside normal working hours...
TymeBank international arm raises over R1.1bn from
TymeBank's sister company just got $70 million (about R1.1 billion) from Tencent and UK's development financier to expand its operations....
Latest Sanlam deal. Here’s why it’s happening
Alexander Forbes is buying one of Sanlam's businesses in a transaction that will increase its client base by 40%. The...
The Brief is Namibia's leading daily business, finance and economic news publication.