National

Home National
Oshikoto mourns President Geingob
Post

Oshikoto mourns President Geingob

Oshikoto governor Penda ya Ndakolo has expressed condolences to former First Lady Monica Geingos, the children, family, close friends and the entire country following the death of President Hage Geingob yesterday.

Sanlam makes N$6.5 billion bid for Assupol
Post

Sanlam makes N$6.5 billion bid for Assupol

Sanlam last week proposed to buy its smaller competitor, Assupol Holdings Limited, for around N$6.5 billion. Sanlam has officially stated its intention to acquire 100% of the issued ordinary shares of Assupol through a scheme of arrangement, with a fallback general offer to Assupol shareholders. 

NAC records N$19 million profit for 2022/2023
Post

NAC records N$19 million profit for 2022/2023

The Namibia Airports Company (NAC) recorded a profit of N$19 million for the 2022/2023 financial year. This was revealed during the NAC’s recent AGM, where the Annual Financial Statement (AFS) showed the company turned from a loss-making position of over N$93 million in 2022 to a profit of more than N$19 million in 2023.