BUSINESS TODAY | NAMFISA resolves 268 complaints

The Namibia Financial Institutions Supervisory Authority (NAMFISA) has resolved 268 complaints of the 691. This is contained in the 2023/2024 annual report. With different markets emerging every day and microlenders on the rise, NAMFISA was able to resolve over 620 cases. This represents a decrease in the resolution rate, compared with 95% in 2022. The […]

BUSINESS TODAY | NBL rakes in N$4 billion in revenue

Namibia Breweries Limited (NBL) announced its condensed consolidated interim financial results for the period ended 30 June 2024, with a net revenue increase of over N$4 billion. NBL’s diversified portfolio has yielded positive results, with volume growth in all beverage categories.  This comes as the company continues to manage cash efficiently given high capital expenditure, […]

nbc supports national health and blood donation initiatives

The Namibian Broadcasting Corporation (nbc) has reaffirmed its commitment to supporting national health initiatives, with a focus on blood donation.  nbc Public Relations Manager, Beaulah Boois-Beukes, emphasised the organisation’s role as a national broadcaster in setting an example for social responsibility and community service. Speaking at nbc headquarters in Windhoek’s Northern Industrial Area, where the […]

Readathon Week celebrated in Keetmanshoop

||Kharas Governor, Aletha Fredrick, has urged learners, educators, and parents to actively create reading opportunities for children.  She made the call at a celebration ceremony for Readathon Week, held at Keetmanshoop.  Learners from Keetmanshoop-based schools gathered at the Keetmanshoop Senior Secondary School to celebrate Readathon Week, taking part in games, reciting poems, and reading publicly.  […]

Tony Rust thrills with drag racing action

Windhoek Spin City came alive this weekend as the Summer Spin Bash, hosted by Team Kyle, brought the thrill of burning rubber back to the pitch.  The Summer Spin Bash hosted by Team Kyle marked the return of spinning action as drivers hit the track again after the winter break. Held at Windhoek Spin City, […]