Mobile Telecommunications Limited (MTC) posted a 2.36% to N$1.48 billion increase in revenue for the six months ended March 31, 2023, buoyed by continued growth in data revenue, the resumption of roaming services, and the expansion of enterprise services.

The Government Institutions Pensions Fund (GIPF), which has been searching for a new Chief Executive Officer/Principal Officer, has extended the contract of the current CEO, David Nuyoma, who was scheduled to retire this month, by two months.

Sanlam and the Namibia Investment Promotion and Development Board (NIPDB) will empower upcoming entrepreneurs with a bridging program that aims to provide training and startup capital.

Private sector credit extension in Namibia remained lackluster in April 2023, raising concerns about its impact on the overall economy, a new report has revealed.

The country’s largest private company, Ohlthaver & List Group (O&L) says it has no regret in relinquishing ownership of Namibia Breweries Limited (NBL) but sees the transaction as a window of new opportunities.

The Southern African Customs Union (SACU) member countries have entered into a mutual recognition agreement as part of the Authorised Economic Operator (AEO) programme that is expected to optimise procedures for imports and exports within the region.

The Government Institutions Pension Fund (GIPF) is currently assessing investment opportunities in the energy sector of the Hardap Region, with a total value of N$175 million.

India’s Minister of External Affairs, Subrahmanyam Jaishankar, is expected to visit Namibia from the 4th to the 6th of June, 2023.

TransNamib has appointed Kendall Swartz as the Executive for Commercial and Marketing.

The Ministry of Mines and Energy on Thursday said that it has no plans to seize shares from existing mineral and petroleum license holders.