Air Namibia liquidators are struggling to find buyers for the defunct national airline’s remaining assets more than a year after it went bust, Finance Minister Iipumbu Shiimi has said. 

Two ministries have been dragged to court together with the Offshore Development Company, the Namibia Development Corporation, and the Namibia Industrial Development Agency (ODC) for failing to pay over N$40 million to architects. 

Petrosol has been given a contract to develop a fully fledged service station at the Elisenheim Lifestyle Estate. 

FNB Namibia has warned that Namibian households could be forced to downscale their lifestyles by seeking out cheaper accommodation options as economic pressures continue to bite, impacting the recovery of the country’s rental market.

Savanna Beef Processors Ltd plans to turn to institutional investors to raise a N$26.4 million shortfall from its capital raising effort, which was targeting N$200 million and an additional N$300 million in debt required to establish a new export beef-processing facility in the country.

Before shopping for a new home, you must determine how much house you can afford.

Paratus Namibia has raised a total of N$130 million from its second Namibian bond issuance. 

The government is planning to cancel a fuel levy advanced to state owned National Petroleum Corporation of Namibia (Namcor), The Brief can reveal.

FirstRand Namibia has rewarded shareholders with N$745 million after declaring a final dividend of 319.84 cents for the year ended 30 June 2022.

AfriTin Mining plans to raise N$854 million to fully fund its lithium and tantalum production at the Uis mine in Namibia.