NAMIBIA QUARTERLY BULLETIN DECEMBER 2020
PRESS RELEASE: 18 December 2020, Windhoek DOMESTIC ECONOMIC ACTIVITY REMAINED WEAK DURING THE THIRD QUARTER OF 2020 International economic and financial developments: The GDP data showed a notable rebound for major economies in the third quarter of 2020 compared to the previous quarter. Following the lockdown-induced growth collapse in the second quarter, the levels of […]
NAMIBIAN TAX RELIEF BY DELOITTE
The COVID-19 pandemic remains a challenge worldwide from a health, social and economic perspective. The preservation of the lives of those infected is the current priority as well as the containment of the disease to avoid its further spread which will overwhelm national healthcare systems. In addition to the health impact, the pandemic has major […]
#LEARNONONE DAYTIME TV EDUCATION – A CHANCE AT A BETTER FUTURE
12 November 2020 One Africa TV celebrates its #LearnOnOne daytime TV educational platform with refreshed branding. Having broadcasted over 2,600 lessons since 13 April when schools remained closed while the country was in lockdown, #LearnOnOne continues to enable Namibian children and adults to #LearnON. While initially offering only senior secondary school material, the platform has […]
PRIORITISE YOUR MENTAL HEALTH:
With over 35 million posts tagged #selfcare on Instagram, it’s clear that we’re more aware than ever of the trend to take time out for wellbeing. But how many of us actually put ‘self-care’ into practice? According Marjolize Scholtz, FNB Wellness Specialist, “Self-care isn’t just about treating or pampering ourselves on the odd Sunday when […]
MTC & DStv PARTNERS TO PRESENT NEW INTERNET BUNDLES FOR DStv SUBSCRIBERS
11 November 2020 – Windhoek – Digital Enabler Mobile Telecommunications Limited (MTC) today entered a new partnership with MultiChoice Namibia (MCN), to provide streaming bundles to its DStv subscribers in Namibia. The new Streaming Bundles will allow customers to stream DStv and Showmax content on their mobile devices at a cheaper cost than normal Internet […]
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 […]