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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June 26, 2022
Companies (589)
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.
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.
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).
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.
Shiimi bows to pressure, postpones FIMA regulations
May 13, 2022
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.
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Namibia sold a total of 56,163 sheep in March 2022, a 74% increase from the 32,243 in February 2022, mainly driven by live sheep exports to South Africa, latest statistics from Agribank show.
Namibia Breweries Limited (NBL) has halted the production of Windhoek Light beer due to low demand.