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Month: May 2014

German firm guns for Hytec Group

Bosch Rexroth plans to acquire a 50% stake in its sales partner Hytec Holdings (Pty) Limited which runs operations in Walvis and Windhoek, for an undisclosed amount.Hytec Holdings, a wholly owned subsidiary of the Tesuco Group...

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Bank extends network, opens 54th branch

In a quest to expand its banking prowess as the leading financial services provider, FNB Namibia officially opened the new Kuisebmond branch at the coast earlier this month.This is the 54th branch opened in the country and the...

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Telecom cuts ties with Neotel

The shareholders of Neotel and Vodacom SA announced last week that they concluded an agreement on the commercial structure and terms to proceed for Vodacom to acquire 100% of the shares of Neotel.Frans Ndoroma, Managing Director...

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Future energy depends on aware youth

The Friedrich Elbert Foundation in collaboration with Earthlife Namibia, the Goethe Centre, the Namibian German Foundation for Cultural Cooperation (NaDS) and the Labour Resource and Research Institute (LaRRI) have establishment...

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Chinese journos to NWR camps

Namibia Wildlife Resorts (NWR) said this week it will host five Chinese journalists to leverage the opportunity of the 2014 Namibia Tourism Expo, which will be held from 04 to 06 June.Though the journalist will attend the...

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Open day at DHPS

The Deutsche Höhere Privatschule in Windhoek this week extended an open invitation to all Namibians to come and visit the school on Saturday 07 June.The DHPS open day starts at 08:30 and runs until 12:00.“The pupils and teachers...

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Aluta Continua

A great moment for any student is to finally graduate from a tertiary institution. After enduring sleepless nights doing assignments and preparing for strenuous presentations, and having to attend many interesting lectures with...

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Surety and risk

Recently, uncertainty and concerns surrounding the use of homes as collateral has thrown the issue of collateral and recovery of capital into the banking spotlight once more. Moral and legal arguments are being advanced...

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