Super User

Super User

Air Namibia liquidators are struggling to find buyers for the defunct national airline’s remaining assets more than a year after it went bust, Finance Minister Iipumbu Shiimi has said. 

Two ministries have been dragged to court together with the Offshore Development Company, the Namibia Development Corporation, and the Namibia Industrial Development Agency (ODC) for failing to pay over N$40 million to architects. 

Petrosol has been given a contract to develop a fully fledged service station at the Elisenheim Lifestyle Estate. 

The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) is set to hike interest rates on Thursday (22 September) this week in an attempt to support the rand and control inflationary forces, but economists differ in expectations on how much.

Volkswagen AG is looking to raise as much as 9.4 billion euros ($9.41 billion) from the initial public offering of its iconic sports-car maker Porsche AG in what could be Europe’s largest listing in more than a decade.

Namibia expects to ship its first green ammonia exports to Germany in 2026, from an identified country export volume potential of 3.5 million tonnes by 2030. 

FNB Namibia has warned that Namibian households could be forced to downscale their lifestyles by seeking out cheaper accommodation options as economic pressures continue to bite, impacting the recovery of the country’s rental market.

Savanna Beef Processors Ltd plans to turn to institutional investors to raise a N$26.4 million shortfall from its capital raising effort, which was targeting N$200 million and an additional N$300 million in debt required to establish a new export beef-processing facility in the country.

Before shopping for a new home, you must determine how much house you can afford.

Paratus Namibia has raised a total of N$130 million from its second Namibian bond issuance.