MEAT FLASH – 4 September 2020
THE MEAT BOARD STATISTICS SHOWS AFTER 2019 DROUGHT The latest Meat Board of Namibia statistics shows disturbing consequences of the 2019 drought around livestock marketing during 2020. On a year to year basis ending July 2020, total marketing of cattle decreased by 39%. The export abattoirs slaughtered 56% fewer cattle, while live cattle exports (mainly […]
SOFTENING HOUSE PRICES SEEN IN SECOND QUARTER
08 September 2020: The second quarter FNB Residential property report highlights the fact that the House Price Index was down 2.7% from the second quarter of 2019 to the second quarter of 2020 while the national weighted average house price is now recorded at N$ 1 044 956. More highlights of the report advise that the […]
FIRSTRAND NAMIBIA REMAINS STRONG, RESILIENT & WELL-POSITIONED
Oscar Capelao, FirstRand Namibia Chief Financial Officer MEDIA RELEASE: 10 September 2020 FirstRand Namibia Limited today announced its financial results for the year ending 30 June 2020, on the back of one of the greatest health threats of a generation – one that greatly impacts the global economy and all of its citizens. Despite this, […]
OLD MUTUAL LAUNCHES NEW CUSTOMISED INSURANCE PROPOSITION
The evolution of Old Mutual offerings and engagements with customers is centred around targeted solutions where the needs, aspirations and behaviour of customers take centre stage. This is why Old Mutual Namibia launched its new personal cover solution, which allows each customer to build their cover to suit their lifestyle and their budget. This is […]
RISK MITIGATION AS THE KEY TO UNLOCKING OPPORTUNITIES
Article By: Tuliikeni Ndadi, Mining Engineer at Standard Bank Namibia It is widely known that the mining industry is risky, faced with disruptions from both within and outside of the mine site boundaries. Along with the conventional risks such as identification and replacement of reserves, volatile commodity prices, and access to capital, new and growing risks […]
COST MANAGEMENT VITAL TO MITIGATE COVID-19 IMPACT ON FARMING OPERATION
Article By: Gerhard Mukuahima, Head of Agribusiness The outbreak of Covid-19 across the globe is presenting a unique set of challenges to industries and causing severe disruption to global value chains, says Standard Bank’s Head of Agribusiness, Gerhard Mukuahima. He adds that this is especially true in relation to agriculture, raising questions and concerns about […]
MULTICHOICE NAMIBIA DONATES PPE IN THE FIGHT AGAINST COVID-19
Health and Social Services Minister Honourable Dr Kalumbi Shangula receiving PPEs from MultiChoice Namibia’s Managing Director Roger Gertze at the COVID-19 Communication Centre/Khomas Regional Council in Windhoek Total of 3,500 KN95 Face Masks and 3,500 Disposable Isolation Gowns Windhoek, 11 August 2020 – MultiChoice Namibia donated Personal Protective Equipment (PPE) worth N$609 868.70 to […]
LET NAMIBIA NOT BECOME A VICTIM OF COVID-19
Pieter van Niekerk Team Namibia Board Chairperson While Namibia can be credited for doing many things right in terms of combating COVID-19, Team Namibia has also highlighted that this crisis provides further opportunity to reset and refocus, relying on the Namibian sense of Community to pull everyone through. This was the sentiment expressed […]
The FIM Bill Webinar Series September 2020
The FIM Bill was passed by Parliament on 7 July 2020. The Bill is expected to be published in the Government Gazette soon and thereby become law. The FIM Act will certainly change the way non-banking financial institutions conduct business! Join us for this webinar training series addressing the key implications of the FIM Act […]
THE GridOnline SIGNS UP WITH MTN NAMIBIA
MTN Namibia and The GridOnline have taken the Namibian ICT sector a stride forward as the parties sign their first commercial contract for bulk data transmission services, provided by The GridOnline, a service offering by NamPower. This significant event demonstrates another example of corporates consolidating efforts to propel the national and Southern African ICT sector […]