Monthly Archives: June 2018

26 06, 2018

SECONDARY LISTING DAY

2018-06-26T13:58:20+02:00 June 26th, 2018|NEWS|

Old Mutual Limited made its primary listing on the JSE with the secondary listing on Stock Exchanges in Namibia, London, Malawai and Zimbabwe. This occassion is part of Old Mutuals journey of anchoring Old Mutual in Africa. This is an exciting moment but equally, a great opportunity to accelerate and propel us to a [...]

25 06, 2018

MILESTONE SIGNING FOR THE TOWN BUILT ON DIAMONDS

2018-06-25T13:46:34+02:00 June 25th, 2018|NEWS|

The MoA involves the transfer of all municipal services, assets, sales of land and existing improvements to the town council from Namdeb. It also gives residents an opportunity to own private property in Oranjemund. Namdeb CEO Riaan Burger described the day as an historical milestone, saying: “It is a day that I believe we [...]

25 06, 2018

OHORONGO CEMENT: A GREEN GIANT

2018-06-25T09:21:53+02:00 June 25th, 2018|NEWS|

With zero emissions and no waste products, Ohorongo Cement is one of the world’s most environmentally friendly factories. Its state-of-the-art machinery ensures that the factory uses 99 percent of the raw materials produced at the mine itself and further raw material locally sourced. The mining part of the enterprise produces high quality limestone, which [...]

21 06, 2018

LETSHEGO BANK LEADS WITH ITS LETSGO CUSTOMER-CENTRIC FINANCIAL SOLUTION

2018-06-21T10:25:05+02:00 June 21st, 2018|NEWS|

Accessing a transactional account or what Letshego terms, a “flexible financial solution”, is a first step towards broader financial inclusion, as customers can save funds as well as pay and get paid. Letshego Bank has launched LetsGo, an ‘All-in-1 solution’ that not only lets customers earn interest on low balances, but also pay and [...]

21 06, 2018

CAPRICORN GROUP, A NAMIBIAN SUCESS STORY

2018-06-21T07:13:28+02:00 June 21st, 2018|NEWS|

It was a time of instability and a time for entrepreneurial ingenuity - it was the year 1982 - an era much like the present one, full of volatility in the economic and financial spheres with extraordinary opportunities arising in the ever-evolving market. And yet, on a day much like today, a group of [...]

19 06, 2018

BANK WINDHOEK OPEN FOR BUSINESS IN OKAHAO

2018-06-19T09:00:59+02:00 June 19th, 2018|NEWS|

Bank Windhoek is pleased to announce the opening of its Okahao Branch, a sub-branch of our Oshakati Branch, in the Omusati Region on Wednesday, 20 June 2018. Bank Windhoek’s Okahao Branch expands the Bank’s network of Branches and Agencies to serve the residents of Okahao and surrounding settlements and is located at Chicco Building [...]

14 06, 2018

CAPRICORN GROUP SUPPORTS JOURNALISTS IN SHARPENING FINANCIAL REPORTING SKILLS

2018-06-14T14:12:55+02:00 June 14th, 2018|NEWS|

Capricorn Group hosted the last of a 3-part Financial Journalism Workshop series which media practitioners from the broadcast, print and digital sphere attended to sharpen their financial reporting skills. A first of its kind, these workshops have proven to be highly enlightening and constructive in its objective to benefit our media partners through collaborative [...]

14 06, 2018

TRANSFER PRICING BREAKFAST SEMINAR

2018-06-14T08:51:09+02:00 June 14th, 2018|NEWS|

The guest speakers for the seminar hosted by PwC Namibia in Windhoek is JP Borman, PwC South Africa Partner in Transfer Pricing and Thulani Shongwe, Head of Domestic Resource Mobilisation from Africa Tax Administration Forum (“ATAF”). In addition, the keynote address will be made by the Commissioner of Inland Revenue Department (“IRD”) from the [...]

12 06, 2018

HOUSE PRICES CONTRACT FOR A THIRD STRAIGHT MONTH

2018-06-12T09:58:06+02:00 June 12th, 2018|NEWS|

“House prices contracted for a third straight month in March by 8.8% y/y, the sixth contraction in the last seven months,” announces Josephat Nambashu, Analyst at FNB Namibia in the March edition of the FNB Housing Index. “The decline meant the price of the average home was cut by N$109,941 from what it was [...]

12 06, 2018

IPSAS BREAKFAST SEMINAR

2018-06-12T06:36:49+02:00 June 12th, 2018|NEWS|

The guest speaker to a breakfast seminar hosted by PwC Namibia in Windhoek is Hayfron Aboagye, an Associate Director from the PwC Ghana Office. He holds a Masters degree in Public Administration and is a qualified chartered accountant. He has over 15 years’ experience in the provision of assurance services to various government ministries, [...]