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Author: Staff Reporter

Start-Up Grind inspires budding entrepreneurs

The Windhoek Chapter of Start Up Grind organised n information session to inspire the owners of small and medium enterprises by providing insights on how to make their start-ups a resounding success. Start Up Grind is a global start-up community designed to educate, inspire, and connect entrepreneurs. Founded in Palo Alto, California, it is powered by Google for Entrepreneurs and has a network of Start Up Grind chapters located around the world. In Windhoek, Start Up Grind is under the stewardship of Director Stacey Pinto. The information session was hosted in collaboration with Standard Bank, which also contributed N$38,000...

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Capricorn introduces new Bank Gaborone livery for uniformity in the stable

The consolidation of its shareholding in the parent of Bank Gaborone, enabled the Capricorn Group to bring the Botswana bank closer to its sisters, Bank Windhoek in Namibia and Cavmont Bank in Zambia. This week the group announced the rebranding of Bank Gaborone to align all group entities to a single brand architecture. Sybrand Coetzee, the Managing Director of Bank Gaborone, said “Our brand refresh signifies a pathway of progression for the bank and all its stakeholders. It gives us a fresh new look, along with the change in our look we have a new brand purpose – to...

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Shareholder linkages give Standard Bank a global reach in capital markets

Standard Bank Namibia’s impact on investment banking as lead or co-arranger of many capital investment deals, has again been recognised by EMEA Finance at its recent 10th African Banking Awards. This is the second time the bank’s Investment Banking division receives the accolade. Standard Bank may not be the biggest retail bank but through its South African parent and its Chinese linkages, it has access to a diversified, deep, global pool of capital from international investors. This enables the local bank often to astonish with its investment banking acumen, proving to be more than a match for the regional...

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Bush-processing value chains contribute to inclusive and sustainable industrial development – UNIDO

The Ministry of Industrialisation, SME Development and Trade, in partnership with the Embassy of Finland and the United Nations Development Organization (UNIDO) launched a new project “Promoting sustainable bush-processing value chains in Namibia” (“Bush Value Chains Project”) during an inception workshop held this week. More than 50 participants from the ministry, Embassy of Finland in Namibia, UNIDO, the German Development Agency (GiZ), public and private sector representatives, experts on value chain development and industrial food processing and agriculture, farmers, academia and other project stakeholders attended the event. The workshop was opened by remarks of Michael Humavindu, Deputy Permanent Secretary...

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Suzuki skips fourth quarter price increases, ups warranty

Japan’s leading micro carmaker, Suzuki is on a marketing roll following the inclusion of its Ignis among the finalists for the South African Car of the Year award. Suzuki Auto SA said on Tuesday it will not increase prices this quarter as is customary in the South African motor vehicle industry. Suzuki recently announced it is extending its manufacturer’s warranty to 200,000 km or five years, on all passenger vehicles sold before the end of the year, effectively doubling owners’ peace of mind. After three quarters of strong sales growth and positive market feedback, Suzuki said it is comfortable...

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Research miracle as Mirabilis sails into Maribilis marine research project

Three academic institutions have come together to launch a new project that will solely focus on marine research, maritime engineering and maritime education. Integrated into the project’s overall framework, will be the RV Mirabilis, the dedicated marine research vehicle built by STX Finland, sailing under the Namibian flag. Earlier this week the Finnish Embassy in Windhoek announced it will launch the Maribilis project on Wednesday evening at a ceremony where the nuts and bolts of the cooperation between Satakunta University of Applied Sciences in Finland, the University of Namibia and the Namibia University of Science and Technology, will be...

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VBOX Africa to handle all dataloggers for the automotive and mining industries

VBOX Africa, a division of Automotive Technology Specialists (ATS), has been appointed the sole African distributor of VBOX dataloggers for the automotive and mining industries. In addition, ATS will continue to sell select VBOX products directly to motorsport customers, giving the company three separate channels to service. With 25 years of experience in the production of GPS-based datalogging systems, VBOX’s parent company, Racelogic – is in the field of data acquisition and analysis. The VBOX brand not only for racing teams but also OEMs of trucks and cars, tyre manufacturers and companies in transport, logistics, and mining. A VBOX...

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Bannerman granted five year extendable term over its 95% owned Etango Uranium Project

Bannerman Resources Limited was granted a Mineral Deposit Retention Licence with a five year extendable term over its 95% owned Etango Uranium Project, by the Ministry of Mines and Energy. The prospective miner announced a fortnight ago that the Retention Licence covers an area of 7,295 hectares, which includes the Etango ore body, two satellite deposits at Hyena and Onjamba and all planned infrastructure. Accordingly, 100% of the project’s uranium resources are secured under long term tenure. Bannerman’s Chief Executive Officer, Brandon Munro, in a statement said, “A retention is the ideal tenure for the highly advanced Etango project....

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