FIRST National Bank of Namibia (FNB) has become the first bank to issue Basel III compliant Tier 2 capital notes worth N$500 million in Namibia. Tier 2 capital notes are electronic securities that are traded on financial markets, such as…
Shania Lazarus
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AS of the end of September, Namibians (individuals and businesses) had deposited N$148.3 billion into different bank accounts. This is an increase of N$13.4 billion compared to the same time last year, according to to the Namibia Statistics Agency third…
Shania Lazarus
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As of the end of September, Namibians (individuals and businesses) had deposited N$148.3 billion into different bank accounts. This is an increase of N$13.4 billion compared to the same time last year, according to to the Namibia Statistics Agency third…
Shania Lazarus
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The Bank of Namibia (BoN) has launched its three-year strategy with a focus on digitalisation, inclusivity and emerging industries. BoN spokesperson Naufiku Hamunime says the new strategy will look at three main goals: Adopting advanced digital tools to build a…
Shania Lazarus
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Trigon Metals has received an offer from Horizon Corporation Limited for the sale of 100% of its ownership interest in the Kombat Mine. According to a statement from the company, Trigon had received an indicative term sheet from Horizon with…
Shania Lazarus
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Namitvest Investment Holdings has 4.5 million shares available from its 10 million authorised share capital. Currently, the company has received applications for about 5.5 million shares. Yesterday, the company declared its first dividends, paying N$914 000 to its 690 shareholders.…
Shania Lazarus
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Mobile Telecommunications Limited (MTC) has received revenue of more than N$540 million from data for the year ended 30 September 2024. This is for both prepaid and postpaid services, according to the company’s latest annual results. A total of N$2.51…
Shania Lazarus
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The Bank of Namibia (BoN) has launched its three-year strategy with a focus on digitalisation, inclusivity and emerging industries. BoN spokesperson Naufiku Hamunime says the new strategy will look at three main goals: Adopting advanced digital tools to build a…
Shania Lazarus
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Namitvest Investment Holdings has declared and paid the first of N$914 000 to 690 shareholders. The company offers shares to members and former members of the Mineworkers Union of Namibia (MUN) and their dependants. Speaking during an event on Wednesday,…
Shania Lazarus
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Namibia has not recorded any serious impacts from the refuelling troubles that delayed flights in Johannesburg on Monday. Gitta Paetzold, the chief executive officer of the Hospitality Association of Namibia (HAN), said although some connecting flights from Johannesburg might have…
Shania Lazarus
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The Independent Patriots for Change (IPC) has filed an urgent application at the Electoral Court of Namibia to get access to materials linked to Namibia’s National Assembly election at the end of November. In an application filed on Monday, the…
Shania Lazarus
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The Namibia Water Corporation (NamWater) has commenced with the expansion of a water treatment facility to benefit the residents of Outapi and surrounding communities. An amount of N$141.8 million has been invested in the project, which is expected to be…
Shania Lazarus
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