Super User

Super User

Parliament is set to hold hearings over the impact of oil and gas exploration currently being carried out by Reconnaissance Energy Africa (ReconAfrica) in the Kavango.

Mobile Telecommunications Limited (MTC) is betting on its soon to be launched Mobile Financial Services (MFS) business to drive growth for the company going forward.

Namibia’s tourism sector says it will be engaging with the Ministry of International Relations (MIRCO) to lobby the United Kingdom (UK) government over its stance to retain Namibia and South Africa on its ‘red list’.

Of the 367.5 million shares on offer as part of the Mobile Telecommunications Limited (MTC) Initial Public Offering (IPO), selected Namibian institutional investors have provided pre-commitments to subscribe to a minimum of 282,899,160 shares worth N$2,4 billion, at a listing price of N$8.50.

The Namibia Airports Company (NAC) is currently in talks with 4 airlines, including South African Airways (SAA) to resume flights to Namibia.

MTN announced to shareholders on Friday that IHS Towers is pursuing a potential registered initial public offering (IPO) on the New York Stock Exchange. 

From Monday 4 October, if travellers are not coming from a red list country and have been fully vaccinated for at least 14 days, they will be able to enter the UK.

Namibia will remain on the United Kingdom's (UK) 'red list', leaving in place restrictions for travel between the two countries.

The City of Windhoek says it will only be able to determine the funding model for the planned Cimbebasia high density housing project, consisting of more than 900 housing units being built under a Council Rental Housing Concept when the planning and conceptualization phase of the project is completed by December 2021.

Namibian Stock Exchange listed, Capricorn Group Limited released its annual financial results for the year ended 30 June 2021, with profit after tax increasing by 14.8% to N$983.0 million. The listed Group’s net interest income before impairment charges increased by 3.3% to N$2.26 billion for the period under review.