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Super User

FNB Namibia has announced a refreshed brand positioning that focuses on providing intuitive help that goes beyond products and services to deliver an enhanced experience for customers, stakeholders, and staff. 

Namibia imported medicinal and pharmaceutical products valued at over N$1 billion in the 12 months to August 2022, latest official statistics show. 

Namibia’s Non-Bank Financial Institutions (NBFIs) registered a 13.9% growth in assets to N$370.6 billion for the year ended March 2022, mainly driven by pension funds and long-term insurance assets, latest industry figures show. 

Namibia and Zambia have sealed a deal to construct an oil and gas pipeline from Walvis Bay to Lusaka. 

Namibia is expected to continue increasing its interest rates into 2023 in a bid to stamp out high inflation according to Investec. 

Global foreign-currency reserves are falling at the fastest pace on record, as central banks from India to the Czech Republic intervene to support their currencies.

Debmarine Namibia has announced the appointment of Willy Mertens as its new Chief Executive Officer, with effect from 1 November 2022.

 Mertens will succeed Otto Shikongo, who retires from the business at the end of this year, and has been at the helm of the marine diamond mining company since 1 January 2004.

Listed telco, Mobile Telecommunications Limited (MTC), says it has now deployed 475km of fiber for back-bone to its sites, as part of efforts to reduce congestion on its network at a cost of N$100 million.

Elon Musk revived a bid to buy for Twitter at the original price of $54.20 a share, backtracking on his effort to quit the deal and potentially avoiding a contentious courtroom fight.

The Agricultural Bank of Namibia (Agribank) is suing its former board chairperson, Michael Iyambo, and his companies over failing to settle N$55.8 million loans.