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Month: July 2023
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Top 5 Sanlam Bridge pitch competition winners announced
Rural Power Solutions cc, Namibian Culture Colouring Book, Edu-Game Namibia, Trimasena, and Rise Shine were selected as the top 5 businesses in the annual Sanlam Bridge Programme, which aims to showcase and support promising businesses.
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Boys empowered for a brighter future
The key lesson young Seth Mentor took away from a recent boys’ leadership camp is to never give up.
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OPinion-Beware of business email compromise threats
International cybersecurity experts, including the United States-based Abnormal Security, have observed that Business Email Compromise (BEC) attacks increased by 81% in 2022 and 175% over the past two years.
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Australia pauses rate hikes
The Reserve Bank of Australia left its key interest rate unchanged Tuesday, with governor Philip Lowe saying that while inflation had “passed its peak” the economic outlook remained uncertain.
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Libya strongman issues new threat over oil revenue
Libyan military strongman Khalifa Haftar, who backs the politically-split country’s eastern administration, has threatened military action unless oil revenues are divided fairly by the end of August
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FNB assumes BAN chair
FNB Namibia CEO Erwin Tjipuka recently took over the chairmanship of the Bankers Association of Namibia (BAN) at an event held last week. The responsibility of chairing the association rotates annually among the managing directors or chief executive officers of commercial banks in Namibia.
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Growth in domestic money decreases
The total amount of money, comprised of cash, checking accounts, saving accounts and other types of deposits, in circulation in the domestic economy actually decreased from 9.9% year-on-year (y/y) growth in April 2023, to 7.7% y/y growth in May 2023. According to a Private Sector Credit Extension report
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Namcol enters advertising arena
One of the country’s leading educational institutions, the Namibian College of Opening Learning (Namcol), last week unveiled a state-of-the-art double-sided digital billboard at its Windhoek offices.
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Ongwediva gala dinner collects over a million
Over N$1.3 million was raised at a gala dinner over the weekend ahead of the annual trade fair in Ongwediva.