The Brief is an online news portal and going source with a focus on the Namibian business sector, current affairs, companies and financial markets.
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June 10, 2023
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B2Gold Mining Investments Limited and B2Gold Namibia will shell out N$117 million to increase their shareholding in gold mining subsidiary Razorback Gold Mining to 100% by exercising a call option.
Unilever will cut about 1 500 management jobs and reshape its business to focus on five main product areas as it tries to boost growth after a failed acquisition and with an activist investor to appease.
African governments urgently need to drive greater investment in the tech sector and the knowledge economy, according to Chido Munyati, head of Africa Division at the World Economic Forum (WEF).
The International Monetary Fund has lowered its forecast for economic growth in South Africa this year.
The Namibian Pavilion at the Expo 2020 Dubai hosted in the United Arab Emirates has recorded a visitor count of 146,855 since it began in October 2021.
The Capricorn Group has announced the appointment of Gerhard Fourie as Chairperson of the board with effect from the 1st of January 2022.
Namibia has been ranked 58 out of 180 countries, dropping one place over the last year, on the Corruption Perceptions Index (CPI) 2021 by Transparency International.
In a trading update for the 20 weeks to 16 January, Clicks says its total turnover increased by 10.4% to R15.1 billion.
Helios Investment Partners LLP is in talks with African telecom operators and banks about ways the private-equity firm can help them cash in on their mobile-money and digital-payments platforms.
South Africa’s Reserve Bank (SARB) is expected to raise interest rates to 4% at its Monetary Policy Committee (MPC) meeting on 27 January as part of an ongoing hiking cycle, a poll of economists shows.