The Brief is an online news portal and going source with a focus on the Namibian business sector, current affairs, companies and financial markets.
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October 03, 2023
Companies (2055)
The JSE (Johannesburg Stock Exchange) has publicly censured Trustco Group Holdings for its failure to promptly inform shareholders about the effects of a change in the terms of a loan advanced to Huso Investments Proprietary by Trustco's Chief Executive Officer and shareholder, Quinton van Rooyen.
The Minister of Industrialisation and Trade, Lucia Iipumbu, says there is a need to recognise women farmers and urgently address challenges they face including land rights.
Mobile Telecommunications (MTC) has announced that it will host a tech innovation bazaar with the aim of showcasing cutting-edge technologies and innovations that have the potential to revolutionize industries, with a specific focus on enhancing digital inclusivity in the country.
Namibia’s first black and female-owned asset management company, Sisedi Investment Group, has launched a Chartered Financial Analyst (CFA) Mentorship Program aimed at empowering and uplifting women in the country’s investment sector.
Low credit uptake raises economic growth doubts
September 29, 2023
Namibia is currently facing a worrisome trend where businesses are prioritising debt repayment over seeking new credit for investment, raising concerns about the country's economic growth prospects, experts have said.
Writing this article presented a challenge due to the widespread use of the fourth Industrial Revolution as a catchphrase by politicians and technocrats as it might be taken as a criticism.
Namibia is turning to Botswana, Zambia, and Zimbabwe to fill the gap left by suspended poultry imports from South Africa due to the alarming spread of highly pathogenic avian influenza (HPAI).
As part of the MTC Tech Innovation Bazaar 2023, the United Nations Development Programme (UNDP) Namibia Accelerator Lab has launched an innovative challenge with a special focus on data-driven approaches to create a digital twin, poised to enhance the sustainability, infrastructure, and overall quality of life in Windhoek.
NAMDIA unfazed by synthetic diamonds
September 29, 2023
Namib Desert Diamonds (NAMDIA) says the emergence of synthetic diamonds does not threaten the viability of the country’s diamonds in the sector.
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Botswana Stock Exchange-listed, Choppies Enterprises Limited (Choppies), recorded a 60% increase in sales in Namibia for the year ended on 30 June 2023 attributed to strategic moves, including the opening of new stores during the year.
The Minister of Finance and Public Enterprises, Iipumbu Shiimi says Namibia has the potential to be a major exporter of green hydrogen.
Investments in unlisted companies surge to N$5.09bn
September 27, 2023
Total investments in unlisted companies' committed capital have risen by 12% to N$5.09 billion last year with farming and agriculture, manufacturing, and renewable energy dominating, official data reveals.