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Otweya Land Developers was announced winner of the large enterprise category at the 2022 edition of the Development Bank of Namibia (DBN) Good Business Awards.

ANIREP Solar, a subsidiary of Alpha Namibia Industries Renewable Power Limited (ANIREP), and the Central and Northern Electricity Distributor (CENORED) have agreed to extend their existing power purchase agreement of 5-megawatt (MW) AC capacity to between 8MW and 11MW.

 The Bank of Namibia (BoN) on Wednesday approached the High Court seeking a final order to wind up the operations of Trustco Bank Namibia, which it claims to be commercially insolvent.

Telecom Namibia has partnered with OMDis to roll out new fibre routes in the town of Oranjemund at a cost of N$12 million.

A landlord is not prohibited from selling the property to a third party while the property is housing a tenant and a lease agreement is in place. However, in terms of the legal principle of ‘huur gaat voor koop’, which means a lease agreement goes before the sale or hire takes precedence before purchase.