THE CASE FOR SHARE REPURCHASES
Economic Pulse – January 2023 Share repurchases have been a hotly debated topic, particularly in the developed world, for a number of years now, and yet it somehow still remains one of the most misunderstood and maligned corporate actions. The reason why the subject is topical in Namibia right now is the fact that two […]
BEST OF 2022 – ECONOMIC HIGHLIGHTS
Economic Pulse – December 2022 Looking back, 2022 was a year of ups and downs. The optimism that pervaded the start of the year faded as the Ukraine conflict escalated. Tightening monetary policy and rampant inflation in major developed economies renewed the uncertainty of economic recovery though mid-to-late 2022. And, as at the time of […]
COURTESY VISITS TO THE NAMIBIAN PORTS AUTHORITY (NAMPORT)
NEW BRAZILIAN AMBASSADOR PAID A COURTESY VISIT TO THE PORT OF WALVIS BAY The new Brazilian Ambassador to the Republic of Namibia, Her Excellency Vivian Loss Sanmartin paid a courtesy call to Namport last Friday, 19 August 2022. The purpose of the visit is a result of the Excellency’s roadmap focusing on maritime, agricultural and industrial cooperation […]
FRANS INDONGO TRUST SUPPORTS GOVERNMENT’S FIGHT AGAINST COVID-19
N$1 MILLION DONATION TO THE MINISTRY OF HEALTH AND SOCIAL SERVICES On October 13th, the Frans Indongo Group (FIG), through the Frans Indongo Trust, officially handed over a donation of One Million Namibian dollars to the Ministry of Health and Social Services as part of the Group’s contribution to the ongoing national response against […]
DEVELOPMENT BANK OFFERS FINANCE FOR CLIMATE CHANGE ADAPTATION
DBN CEO Martin Inkumbi The Development Bank of Namibia has announced a facility to finance climate change adaptation, bolstering its long track record of finance with beneficial environmental and social initiatives. Explaining the facility, DBN CEO Martin Inkumbi said it provides an affordable and tailored financing solution for climate and environmental friendly projects. The Bank […]
DBN MOOTS NATIONAL EQUITY FUND AS BOOST FOR BUSINESS RECOVERY
DBN CEO Martin Inkumbi The onset of Covid-19, 18 months ago, has led to vulnerability on the part of some enterprises. Development Bank of Namibia (DBN) CEO Martin Inkumbi suggests that one solutions can be found in equity finance through a national equity fund for qualifying enterprises currently experiencing headwinds, but with potential for […]
COLLABORATION IN THE WAKE OF COVID- 19
Media Release: 26 July 2021 The power of unity cannot be overemphasised. Indeed, Namibia has experienced, and is still experiencing the effects of a people united towards a common goal during the Covid- 19 pandemic. Various organisations have held hands, reminding the nation that for us to thrive as a people and for our economy […]
THE RISE OF ECOMMERCE – IS NAMIBIA READY?
By Reginald Baking and Frans Uusiku eCommerce has become a buzz word as one of the key revelations of the 21st century economic realities. We have all witnessed the advent of the COVID-19 pandemic further reinforcing the importance of being able to buy and sell goods and services or transmitting funds or data over electronic […]
CAPRICORN GROUP HANDS OVER THE FIRST 21 TONNES OF A TOTAL DONATION OF 63 TONNES OF MEDICAL OXYGEN
7 July 2021 On 7 July 2021, Capricorn Group received the first truck with 21 tonnes of medical oxygen, at the Afrox Bulk Medical Oxygen facility in Windhoek. In total, Capricorn Group, through its Foundation, donated three trucks of medical oxygen valued at N$1,050,000. Capricorn Group, through the Capricorn Foundation, is proud of its partnership […]
PPP – A RECIPE FOR ECONOMIC RECOVERY AND INFRASTRUCTURE DEVELOPMENT
“PPPs aim to leverage private sector capital and expertise to maximize public goods and value for money, while allocating the risk of developing and operating the asset to the party best suited to bear said risk” Harambee Prosperity Plan II Media Release: By Le Roux van Schalkwyk (Venture Media / Namibia Trade Network) Prioritising […]