GLOBAL FINANCE ANNOUNCES FIRST NATIONAL AS BEST BANK IN NAMIBIA
08 October 2020: Global Finance magazine has announced its 27th annual awards for the World’s Best Banks, and FNB was awarded as the best bank in Namibia. Erwin Tjipuka, CEO of FNB Namibia thanked all stakeholders who have contributed towards this accolade. “We wish to especially thank our loyal customers who consistently support us by […]
ELIZABETH BAY WELCOMES NEW OWNERS: SPERRGEBIET DIAMOND MINING FINALISES PURCHASE
15 October 2020, Windhoek Namibia. In 2018 Namdeb Diamond Corporation announced its intent to sell the Elizabeth Bay Mine situated in the Karas Region close to Lüderitz. The sale was initiated with the intent of acquiring a suitable entity to manage and maintain the mine that has been in production since 1911 and ensure that […]
NAMDEB AND SPERRGEBIET DIAMOND MINING CONCLUDE SALE OF ELIZABETH BAY
Namdeb Diamond Corporation (Proprietary) Limited (‘Namdeb’) today announced that the transaction for the sale of Elizabeth Bay Mine (‘EBay’) to Sperrgebiet Diamond Mining Proprietary (Proprietary) Limited (SDM), subsidiary of the Lewcor Group (a 100% Namibian owned Consortium), has been concluded. Namdeb announced its intention to sell EBay and its associated marine assets as a going […]
FNB SIGNS UP FOR THE DEVELOPMENT CREDIT GUARANTEE SCHEME
12 October 2020: FNB Namibia has partnered with the Development Bank of Namibia on the risk sharing initiative, which was announced by the Minister of Finance, Hon. Iipumbu Shiimi on the 19 August 2020. Sam Ikela, Segment Head, Small Medium Enterprises at FNB: “Our government and FNB as one of the leading banks in the […]
USING BOARD EVALUATIONS TO ENHANCE BOARD PERFORMANCE:
A NAMIBIAN BOARDROOM PERSPECTIVE The increased interest from investors and stakeholders and the expectation that Boards become more engaged, knowledgeable and effective has resulted in increased usage of Board evaluations as a tool to measure and enhance the effectiveness of Boards. Background In 2019, Deloitte Namibia carried out a corporate governance survey with participants […]
UNIQUE 2019 INNOVATION AWARD WINNER MAKES STRIDES
UNIQUE PRODUCT WILL ASSIST ELECTRICITY CONSUMPTION MANAGEMENT AND PROVIDE INTERNET Winner of the Development Bank of Namibia (DBN) 2019 Innovation Award, Pulsar Electronics, is making strides with a DBN enterprise development and support package that is securing the future of its award winning business proposal. Pulsar’s innovative product, known as GridX, offers the twofold benefits […]
IS YOUR WILL UP TO DATE? IF NOT, DO IT TODAY
By Bank Windhoek’s Wills Administrator, Paulina Elifas Crises have one thing in common: crucial decisions matter. One lesson we continue to learn as we fight COVID-19, is the significance of being prepared for any eventualities. COVID-19 has also taught us that a well-thought out plan is essential in life; it allows us to adapt to […]
MULTICHOICE ANNOUNCES A NEW WAY TO KEEP VIEWERS INFORMED
PRESS RELEASE: Windhoek, Namibia, 22 September 2020 MultiChoice is continually striving to create innovative ways to offer customers the best service. Therefore, we are pleased to announce a launch of Enhanced Decoder Notification (EDN) functionality which aims to address communication issues for subscribers and take the admin out of TV viewing, so consumers can get […]
TALKING POINTS 100 DAYS IN OFFICE: GOVERNOR OF THE BANK OF NAMIBIA – MR. JOHANNES !GAWAXA
PRESS RELEASE: Thursday, 17 September 2020 Windhoek Good morning, Firstly, I would like to thank you all for joining this media conference, organised to mark the first 100 days in office of the 6th Governor. The platform is created to allow me an opportunity to share the vision for my tenure as Governor of the central […]
DEVELOPMENT BANK SHOWCASES SKILLS-BASED FINANCE FOR YOUNG ARTISAN
MEKEMO TRADING FILLS AUTOMOTIVE ENGINEERING ENTERPRISE GAP Development Bank of Namibia (DBN) has unveiled Mekemo Trading, a mechanical and automotive services provider, as a recipient of skills-based finance for young artisans. The Bank’s skills-based facility for young artisans and professionals is designed to enable aspirant entrepreneurs with professional or artisan qualifications, but with limited or […]