Credit Suisse fined over Mozambique corruption scandal
Investment bank Credit Suisse has been fined £147m by UK authorities over a corruption scandal involving Mozambique's tuna fishing industry....
De Beers’ rough diamond sales dip in eighth cycle
World number one diamond producer by value De Beers reported a 6.1% dip in rough diamond sales in its eighth...
Boris Johnson announces R8 billion green partnership with Bill Gates
UK Prime Minister Boris Johnson announced a $552 million (~R8 billion) partnership with Bill Gates to boost green investment across...
Tourism body calls for PCR test scrapping for vaccinated travelers to SA
The head of a local tourism body has called for authorities to scrap the requirement of a negative PCR test...
Namibia’s public entities spend N$4 billion in six months
Namibia’s public entities procured goods and services worth over N$4 billion for the six months, January to June 2021, latest...
Trigon commences mining operations at Kombat Mine
Trigon Metals Inc has announced that the Kombat Mine officially resumed production after 14 years of closure. "Trigon has successfully...
BoN likely to keep interest rates on hold
Bank of Namibia Governor, Johannes !Gawaxab, is set to announce the Monetary Policy Committee’s (MPC) decision on Wednesday, with analyst...
Namibia feels the heat of declining national herd, as producer prices rise
Namibia’s shrinking national herd has driven up the average price of slaughter-ready cattle to N$51/kg in August 2021, figures from...
IMF revises Namibia’s growth forecast downwards
The International Monetary Fund (IMF) has revised downwards Namibia's growth forecast for 2021 by 1%, as it lowered the global...
GCR places Trustco ratings on “Review Extension”
Listed, Trustco Group Holdings has announced that ratings agency, Global Credit Rating Company (GCR) has placed the company’s rating on...
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