UNVEILING THE FISCAL LANDSCAPE OF NAMIBIA
Economic Pulse Namibia’s annual budgetary process is a crucial aspect of the country’s economic planning and fiscal management. In previous years, the government has presented comprehensive budgets aimed at addressing key national priorities, fostering economic growth and ensuring the wellbeing of its citizens. This year, the Namibian FY2024/25 budget is anchored on three policy pillars: […]
NAMIBIA TRAINS 2000 ENTREPRENEURS UNDER EMPRETEC
Article by: Business Express EMPRETEC Namibia which first trained entrepreneurs on 16 October 2019 has now trained close to 2000 entrepreneurs of which about 30% were vulnerable categories, Minister of Industrialisation and Trade, Lucia Iipumbu has said. EMPRETEC Namibia, is a collaboration between the Ministry and UNDP Namibia with the aim to train MSMEs and larger […]
THE MUTUAL RESPONSIBILITY OF LENDERS & BORROWERS
29/02/2024 DBN Executive for Marketing and Corporate Communication, Jerome Mutumba, talks about the mutual responsibilities of lending and borrowing In the wake of the repeated calls for write-offs of loan repayments for small and medium enterprises issued with the purpose of enhancing Namibia’s development, economic activity and prosperity, Development bank of Namibia (DBN) Executive for […]
IRDNC: LEADING THE WAY IN SUSTAINABLE DEVELOPMENT
01 March 2024 By Daniel Munyanya, Final Year Student, University of Namibia Introduction: Empowering Communities for Sustainable Futures Nestled within Namibia’s communal lands lies a beacon of hope for both people and wildlife: The Integrated Rural Development and Nature Conservation (IRDNC). As a final year student at the University of Namibia, my internship journey with […]
CAPRICORN GROUP ANNOUNCES APPOINTMENT OF NEW GROUP CEO
David Nuyoma, Group CEO of Capricorn Group 15 November 2023 The Chairman of the Capricorn Group Board, Mr. Gerhard Fourie, announced that the recruitment process for the position of Group CEO of Capricorn Group has been successfully concluded. The Capricorn Board has approved the appointment of Mr. David Nuyoma as the Group CEO Designate with […]
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$1,050,000. Capricorn Group, through the Capricorn Foundation, is proud of its partnership […]
PPP – A RECIPE FOR ECONOMIC RECOVERY AND INFRASTRUCTURE DEVELOPMENT
“PPPs aim to leverage private sector capital and expertise to maximize public goods and value for money, while allocating the risk of developing and operating the asset to the party best suited to bear said risk” Harambee Prosperity Plan II Media Release: By Le Roux van Schalkwyk (Venture Media / Namibia Trade Network) Prioritising […]
AFRICAN LEADERSHIP INSTITUTE BRINGS TRANSFORMATION, INSPIRATION AND HOPE
10 June 2021: The African Leadership Institute (ALI) has completed its sixth training for health officials in Namibia and this has led to another twelve-healthcare professionals now being able to register for, and graduate with NQA accredited Certificates in Transformational Leadership. To date, ALI, with financial assistance from the FirstRand Namibia Foundation, has trained more […]
PRIVATE SECTOR CONTRIBUTES TO VACCINES FOR HOPE COALITION
30 April 2021: On 29 April 2021, an amount of more than N$ 12 million was handed over to the Ministry of Health and Social Services as part of private sector companies who had pledged their support to Namibia’s Vaccine Roll-out Plan 2021. The Namibian government has asked local businesses to come together to fund […]
STANDARD BANK JOINS CREDIT GUARANTEE SCHEME, OFFERS 60% COLLATERAL REDUCTION FOR QUALIFYING SMES
Standard Bank Namibia has announced that it has partnered with the Credit Guarantee Scheme (CGS) to provide collateral cover of 60% for qualifying SMEs applying for finance from participating commercial finance institutions. Standard Bank’s Enterprise Direct Manager, Felicia Jooste said the bank has a genuine desire to see SME’s grow and thrive in difficult economic […]