The Ministry of Labour has announced the appointment of Balbina Daes Pienaar as the new Acting Executive Director of the Ministry.

Nedbank Namibia says it has provided N$11 billion towards funding local residential property and key projects in the country, the bank’s Managing Director, Martha Murorua has revealed.

The Nedbank Group is set to retain its secondary listing on the Namibian Stock Exchange (NSX) despite having secured a listing on the South African A2X Markets (A2X).

Active investing is an investment strategy which involves a professional fund manager deliberately choosing to invest in certain securities (such as shares) and avoid others in order to beat the return of the market.

The UK is considering guaranteeing at least $1 billion (R15.6 billion) of South African debt as part of a deal designed to cut the nation’s reliance on coal and drive a shift to green energy.

Speculation over Johannesburg Stock Exchange (JSE) listed Hosken Consolidated Investments (HCI)’s future plans with its shareholding in a rich block off the coast of Namibia has been attributed to a 175% jump in the company’s share price over the past year.

The Chamber of Mines says renewed interest in uranium as a sustainable, carbon neutral and environmentally friendly source of base-load energy is a positive development for Namibia’s uranium sector.

The Ministry of Mines and Energy on Monday increased the fuel pump price by N$2.50/litre for petrol and N$1.50/litre for diesel. The Brief compiled analysts’ views on the latest government decision and how it will affect the economy and our readers.

Namibian motorists will on Wednesday start feeling the pinch of high fuel prices.

The World Economic Forum’s annual meeting in Davos this week covers a wide range of topics including the Ukraine war, climate change and new technologies. But one issue which is seemingly drawing more debate than others is hybrid working and shorter work weeks.