Category: Headlines
Trustco parts way with auditors after 20 years – cites in-house policy and conflicting regulatory oversight
Citing their own in-house audit policy plus complicated compliance issues as a listed entity,...
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Individual borrowing accumulated in 12 months reaches N$2.39 billion
Over the 12-month period ended October 2020, credit extended to individuals has reached N$2.39...
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JSE instructs Trustco to correct financial statements
The Johannesburg Stock Exchange (JSE) has ordered listed Trustco Group to correct its financial...
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Compli-Serve Namibia helps financial services sector better understand new regulations
A regulatory compliance services provider, Compli-Serve recently launched in Namibia to help the...
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Breweries celebrates 100 years – centenary milestone
Local beverage manufacturing company, Namibia Breweries Limited (NBL) turns 100 on 29 October. The...
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FlyWestair spreads its wings – Launches its first international scheduled route between Windhoek and Johannesburg
Privately owned local airline, FlyWestair will operate a scheduled passenger route between Hosea...
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Blue bank, Namibia Economist ignite series of online events to help drive SMEs, start-ups’ growth
In an attempt to provide owners of micro, small and medium enterprises (SME) with a viable,...
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Paratus Namibia records revenue growth of N$148.3 million
The increase in internet data usage during lockdowns and the roll-out of its infrastructure...
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Domestic economy records highest contraction in Q2 amid COVID-19
The domestic economy contracted by 11.1% during the second quarter of 2020 compared to a decline...
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COVID-19 pandemic takes bite out of FirstRand Namibia financials
FirstRand Namibia recorded a 19.1% drop in its headline earnings, signalling a challenging trading...
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Ambitious AR eyes Erongo Desalination Plant
Activist group, Affirmative Repositioning Movement (AR) made a formal offer to buy the Erongo...
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Competition watchdog blocks sale of Ohorongo Cement to Chinese company
The Namibia Competition Commission has stopped Chinese company West China Cement Limited from...
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