A more visible sight on Namibian roads, the JAC brand is not only winning over the hearts of motorists, but is also winning on the gruelling local rally circuit. This is as M+Z Motorsports’ JAC T8 double cab last weekend scooped first place in the CR1 category at the demanding Gobabis Motor Club Rally. The modified...
Hyundai is about to boost its local model line-up with the stylish and attractive Exter, an all-new compact crossover sport utility vehicle (SUV). It is expected to become a topcontender in the domestic entry vehicle segment. The all-new Exter, expected to hit local showrooms within the next two to three weeks, comes well-equipped with a full...
Nedbank Namibia recently hosted its real estate awards, where agent Lourette Liebenberg walked away with the Nedbank Central Estate Agent of the Year award. Andreya Pereira was the runner-up, while Rightmove Properties scooped the Estate Agency of the Year. The event was held to celebrate outstanding achievements and contributions made by players within the industry....
As industry embraces automation and digital tools, there is a responsibility to ensure the workforce is equipped with the necessary skills to succeed in the evolving digital postal environment. This was part of the message during a public consultation hosted this week by the Communications Regulatory Authority of Namibia (Cran). Cran’s acting CEO Ronel le...
The Hollard Namibia Group has recently declared a renewed sponsorship of N$750 000 for three years to the Amos Meerkat School Project, underscoring its commitment to equipping children from farms and informal settlements with a specialised curriculum for primary education. The investment represents more than 10 years of unwavering support from the insurance company for...
Newly elected chairman of the Federation of Namibian Tourism Associations (Fenata), Ally Karaerua, has emphasised that the organisation represents the diverse travel and tourism industry, as a voluntary entity for Namibian tourism associations. These associations, representing specialised fields, include travel agencies, car rentals, tour operations, emerging tourism, tour guides as well as hunting and accommodation. ...
Momentum Metropolitan Foundation recently sponsored the African Union’s (AU) Chelete Cage pitch event in Windhoek as part of the AU Micro, Small and Medium Enterprises (MSME) forum. With a contribution of N$300000, the foundation supported the initiative to empower African entrepreneurs through financial and non-financial backing. The forum brought together over 200 entrepreneurs, investors and...
The slight interest rate relief from the 25-basis points repo rate cut by the central bank in mid-August might lead to an increase in the number of building plans submitted and completed, as individuals and developers take advantage of the moreaffordable credit environment. This is according to stock brokerage Simonis Storm (SS)in its take on...
For the end of the financial year ended 30 June 2024, Oryx Properties reported a total comprehensive profit of N$384.8 million, which is a significant increase from N$190.9 million in 2023. Oryx’s total portfolio value increased by N$1.072 billion or 35% to N$ 4.167 billion – up from N$3.095 billion in 2023. These figures financially...
Hangana Seafood has concluded wage negotiations with its Workers’ Council. This marks the first time these negotiations have been conducted with representation from a Workers’ Council, a significant shift from previous years when a union led the negotiations. Both the company and the Workers’ Council acknowledge that the process has been a valuable learning experience...