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Finance (316)

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Namibia is set to receive close to N$9 billion (€500 million) from the European Investment Bank (EIB) to support the country’s renewable energy projects, including green hydrogen.

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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.

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 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.

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January seems like ages away, especially because we have a November and a December to get through first. What fun we have in December, seeing our families for the first time in a long time, taking a well-deserved break, celebrating weddings and simply getting a chance to relax. 

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Pension funds administrators heaved a sigh of relief after the Namibian Competition Commission (NaCC) cleared them of any wrongdoing after being accused of monopolising the industry. 

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Namibia’s financial markets have been ranked sixth most developed out of 26 African countries evaluated in a 2022 study conducted by the Absa Group in association with the London-based Official Monetary and Financial Institutions Forum (OMFIF).

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City of Windhoek Mayor Sade Gawanas said the capital city is working on balancing its books amid revelations that the municipality is currently utilising a N$200-million overdraft facility to meet its day-to-day operations. 

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Growing up, all I ever wanted to do was earn my own money, spend it on whatever I wanted to and have the freedom to spend it as I deemed fit. It was not long before I found myself in a heap of debt and suddenly ‘pay-day’ could not arrive quick enough.

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The European Union (EU) has injected N$36.8 million towards the City of Windhoek's solid waste management initiative. 

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Mobile Telecommunications (MTC) Ltd has announced the launch of ‘MTC 4LIFE’, a socio-economic undertaking aimed at tackling poverty by mitigating youth unemployment through empowering Namibians to become self-employed within the SME sector.