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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 African Development Bank (AfDB) says Namibia needs at least N$94.6 billion to meet its climate targets and about N$11.2 billion to achieve its green growth objectives from 2021 to 2023.

The International Monetary Fund (IMF) has praised Namibia's strong fiscal discipline and prudent economic policies, which have spared the country from seeking financial assistance from the global lender.

The International Monetary Fund (IMF) says Namibia's real GDP grew by 4.6% in 2022, with continued expansion expected at a rate of 3.2% this year, which is poised to surpass pre-pandemic levels. 

The City of Windhoek has approved a plan to electrify approximately 4,000 households in informal settlements over the next five years beginning this year, The Brief can report.

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.

Africa Oil Corp has announced that its investee company, Impact Oil and Gas Limited, and its partners are set to conduct a flow test of Venus-1A — the second successful well in the Venus discovery — in the fourth quarter of 2023.

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.

Impact Oil & Gas says positive results from the appraisal and exploration program on Block 2913B, offshore Namibia, have provided crucial data required to advance development studies toward the first development of the oil block.

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