Additions continue to account for the majority of new building plans being approved, with a total of 188 building plans worth N$107.6 million having been approved during April 2022, compared to 247 in the prior month.

The Russian-Ukraine is proving to be a blessing in disguise for Meatco following a sharp increase in global beef prices, especially in Europe where the company exports meat.

Rate this item
(0 votes)

Bank Windhoek says it will fully cooperate with the Namibian Competition Commission’s (NaCC) investigation into alleged exclusive dealings in property conveyance services between the bank and Dr. Weder, Kauta & Hoveka Inc.

Rate this item
(1 Vote)

The Namibian Competition Commission (NaCC) has commenced an investigation into alleged exclusive dealings in property conveyance services between Bank Windhoek and Dr. Weder, Kauta & Hoveka Inc.

Trevali Mining Corporation (Trevali) has entered into a mandate agreement with Standard Bank Namibia and Standard Bank South Africa to arrange a N$1.76 billion project finance facility for the Rosh Pinah expansion project.

 

 Emerging Markets Energy Services Company (Emesco) says it has started construction work at the 5.4MW Rosh Pinah Solar Park (RPSP).

Rate this item
(0 votes)

The Bank of Namibia’s (BoN) role in administering the Welwitschia Sovereign Wealth Fund is only temporary, The Brief has established.

Agriculture-focused financial institution, Agribank, has extended its farmland loan repayment period for youths by 5 years to 30 years.

The Ministry of Agriculture says it has referred the Agronomic Producers Associations (APA) to participate in upcoming Request For Proposals (RFP) after it approached the ministry seeking long term leaseholds for idle green schemes.

Rate this item
(0 votes)

Finance minister Ipumbu Shiimi has postponed the implementation of the Financial Institutions and Markets Act (FIMA), amid intense pressure from various stakeholders to drop the contentious clause on compulsory preservation of retirement benefits.