MTC NAMIBIA FINANCIALS FOR THE YEAR 2019/2020
MTC Namibia presented strong financials for the year 2019/2020 and are proud to have maintained a leadership position and track record of consistent growth of 2.66% revenue despite economic contraction amidst a global pandemic. The increase is attributed to MTC’s strategic response to the market’s evolving needs; cost containment; and improved customers’ experience, resulting in […]
MVA JOURNEY PREPAREDNESS: 60-SECOND TYRE CHECK CAN SAVE LIVES!
The MVA Fund reminds drivers to do a 60-second check on their vehicle tyres as part of journey preparedness during the upcoming Festive Season. This call was made at the tyre-safety activation held on Wednesday, 4 November 2020 at Kapps Farm Roadblock in Windhoek. The activation held with Namibian Police, Private Road Safety Forum (PSRSF) […]
BANK OF NAMIBIA DONATES TOWARDS THE FIGHT AGAINST COVID-19
PRESS RELEASE: 21 January 2021, Windhoek BANK OF NAMIBIA DONATES TOWARDS THE FIGHT AGAINST COVID-19 In solidarity with the Namibian nation fighting the second wave of the COVID-19 pandemic, the Bank of Namibia has donated medical equipment of about N$3 Million worth to the Ministry of Health and Social Services. The donation took place on […]
DEVELOPMENT BANK OF NAMIBIA TO LAUNCH KFW-SUPPORTED COVID-19 BUSINESS RELIEF LOANS
Development Bank of Namibia (DBN) has announced that it will launch Covid-19 business relief loans on 18 January 2021. The Bank will provide finance equivalent to 3 months up to a maximum of 6 months working capital for enterprises affected by Covid-19. The term of the loan will be a maximum of 60 months. These […]
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 […]
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 […]
ONE ECONOMY FOUNDATION: BreakFreeWithTheBoyz
Bernardus Harageib: Technical Director Media Release The #BreakFree from Violence Campaign, is an Anti-violence campaign that was initiated in 2017, with the purpose of creating and fostering a culture of non-violence. Our work is centred on creating awareness on the various forms of violence and how as individuals, we can create a society […]
LEGAL MATTERS: STUDY YOU LEASE AGREEMENTS IN LIGHT OF COVID-19
Article By: Ivo Dos Santos, Dr. Weder, Kauta & Hoveka Inc A lease agreement creates reciprocal rights and obligations between a landlord and tenant, meaning the landlord gives the tenant the use and enjoyment of the let premises and in return the tenant pays rental. It occasionally occurs that extra ordinary, unforeseen events, such as […]
RENT PRICES STAGGERS IN THE WAKE OF COVID-19
Frans Uusiku Market Researcher Manager FNB Housing Index Report “Namibia has seen an unprecedent spike in the number of new COVID-19 cases over the last three months, signaling that the worst economic effects of the pandemic are yet to come”, says Frans Uusiku, Market Researcher Manager at FNB Namibia. This economic weakness is […]
NAVIGATING THESE TRYING TIMES
The world has seen many crises before. While each crisis is different, Ray Dalio (founder of Bridgewater Associates) reminds us that history has a tendency to teach us patterns that we can use as templates to assist us in successfully navigating through the storm. Covid-19 has caught the world by surprise, and although there are […]