Thelo Group, which provides transport and logistics solutions for freight owners across Africa, is adding new services to combine different transportation methods (rail, ports and trucks) to create efficient routes for moving resources at lower cost. These resources are largely…
Charmaine Ngatjiheue
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Fitch Ratings has given the African Export-Import Bank (Afreximbank) a clean bill of health, saying their finances are on sound footing. The rating agency says Afreximbank’s rating moved from an A rating at ‘BBB’. The ratings affirmation recognises Afreximbank’s strong…
Charmaine Ngatjiheue
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The African Export and Import Bank (Afreximbank) recently celebrated various African companies at the second edition of the Pan-African Business and Development Awards, in association with the Business Council for Africa (BCA). The awards, held on the sidelines of the…
Charmaine Ngatjiheue
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Namibia is among the five African countries of which the sovereign debt has been qualified as of moderate risk of debt distress. This means Namibia is at manageable debt risk. If a country takes on too much debt, it could…
Charmaine Ngatjiheue
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The Government Institutions Pension Fund (GIPF) is urgently calling on members to claim benefits that may be due to them. To date, approximately 176 members are still to claim benefits from the fund. In a statement, the GIPF says it…
Charmaine Ngatjiheue
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Intra -African trade has expanded by 3,2% in the last year. This is according to the African Import and Export Bank’s (Afreximbank) 2024 African Trade Report and 2024 African Trade Economic Outlook Report. Afreximbank managing director and group chief economist…
Charmaine Ngatjiheue
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The Angolan and Namibian governments have reiterated the need for the two countries to collaborate on the Baynes Binational Power Project. The two countries held a bilateral meeting on the 881 megawatt hydro power project at the Laúca Hydroelectric Power…
Charmaine Ngatjiheue
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TRUSTCO Group Holdings has announced that it recorded a profit of N$110 million over the six-month period to the end of February this year.The company’s net asset value (NAV) increased by 9,5%, reaching N$1,26 billion (US$68 million), compared to N$1,15…
Charmaine Ngatjiheue
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African and Caribbean leaders are set for the annual meetings of the African Export-Import Bank (Afreximbank) and the third AfriCaribbean Trade and Investment Forum, which are taking place jointly in Nassau, in The Bahamas, next month. Afreximbank will be hosting…
Charmaine Ngatjiheue
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The Old Mutual Foundation has invested N$800 000 in supporting grassroots entrepreneurs in the Ohangwena, Zambezi, Oshikoto and Kavango West regions. This comes after the launch of its third edition of the Old Mutual Sustainable, Economic and Empowerment Drive (Omseed)…
Charmaine Ngatjiheue
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Namibia is maintaining its stance on closing the financial exclusion gap as the Namibia Financial Institutions Supervisory Authority (Namfisa) is set to host the third edition of FinTech Square this week. FinTech Square, also known as the Namfisa Innovation Station,…
Charmaine Ngatjiheue
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Gospel rapper Leopold Vatilifa, popularly known as Dee’A, surpassed expectations with his ‘Local but Jazz’ event on Saturday night. The event took place at Vinyls in Windhoek and featured Dee’A and the Hot Pocket Band. Other performers included Esme-Songbird, Fabrice…
Charmaine Ngatjiheue
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