Month: June 2023

Home 2023 June
Nedbank Kapana  Cook-Off race kicks off
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Nedbank Kapana Cook-Off race kicks off

The Nedbank Kapana Cook-Off 2023 competition, which was launched in May this year, will have its first preliminary round at Oshakati tomorrow when more than 150 kapana enthusiasts are expected to showcase their kapana braaiing skills. 

Repo rate imbalance costs Namibia N$10b 
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Repo rate imbalance costs Namibia N$10b 

The difference in repo rates between South Africa, which currently stands at 8.25%, while Namibia is at 7.75%, amounting to a difference of 50 basis points, continues to be the reason that many investors chase better returns in South Africa.

City owed N$1.2b
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City owed N$1.2b

The City of Windhoek is owed a staggering N$1.2 billion as at May 2023. City spokesperson Lydia Amutenya stated the amount also includes the current accounts that are due for payment in June 2023.