Monthly Archives: September 2018

27 09, 2018

KALLA TOIVO APPOINTED NATIONAL SALES MANAGER AT FNB NAMIBIA

2018-09-27T09:11:45+00:00 September 27th, 2018|NEWS|

Kalla Toivo has been appointed as FNB’s National Sales Manager. Kalla Joined FNB Namibia in 2008 as a seasonal worker at Exclusive Banking – responsible for filing. Over the past ten years he has occupied various roles ranging from Waste/Collations, Telling, and Consultancy (CSR), private banker at a local bank and more recently Area [...]

27 09, 2018

DEVELOPMENT BANK OF NAMIBIA DONATES FOR THE CONSTRUCTION OF A FISH DAM TILAPIA FARMING AND ORCHARD IRRIGATION FOR NORTHERN WOMEN’S CO-OPERATIVE

2018-09-27T08:51:49+00:00 September 27th, 2018|NEWS|

Development Bank of Namibia (DBN) CEO Martin Inkumbi recently donated on behalf of the Bank N$150,000 for construction of a dam for the Tegako 2020 Women in Business Co-operative. Tegako will use the dam for tilapia farming, as well as for irrigation of an orchard of 500 trees and vegetable plots. Tegako 2020 Women [...]

27 09, 2018

FIRST RAND NAMIBIA FOUNDATION TRUST KEEPS TSUMKWE SECONDARY SCHOOL OPERATIONAL

2018-09-27T08:39:07+00:00 September 27th, 2018|NEWS|

The FirstRand Namibia Foundation Trust handed over an amount of N$ 450 000 towards the Tsumkwe Secondary School and its operations. Louw Durand, Branch Manager First National Bank Otjiwarongo said in his address that the FirstRand Namibia Foundation Trust’s emphasis was on strategic social investments in the community and environment that are in support of sustainable, projects dealing [...]

24 09, 2018

RAPIDS FM LAUNCHES ON GOTV CHANNEL 134

2018-09-24T07:05:12+00:00 September 24th, 2018|NEWS|

In a vast land of scattered, far-flung communities, as a business, MultiChoice Namibia continues to deliver on our purpose of using the power of entertainment to enrich lives. GOtv is the home of African television and provides the greatest selection of local channels made in Africa for Africa. Our reliable service is one you [...]

19 09, 2018

NAMPOWER 175 TONNE TRANSFORMER HEADING TO SOUTH AFRICA

2018-09-19T08:22:41+00:00 September 19th, 2018|NEWS|

NamPower would like to inform the public that a 315 MVA transformer, with the voltage ratings of 400/220/22kV is being transported via road from Gerus substation near Otjiwarongo to Johannesburg, South Africa. The transformer, one of the four that were commissioned with the Zambezi Link Interconnector (ZLI) in 2010, is enroute to Eskom-Rotek Industries [...]

18 09, 2018

NASPERS TO SEPARATELY LIST ITS VIDEO ENTERTAINMENT BUSINESS AS MULTICHOICE GROUP ON THE JSE

2018-09-18T08:49:43+00:00 September 18th, 2018|NEWS|

Naspers today announced its intention to list its Video Entertainment business separately on the Johannesburg Stock Exchange (JSE) and simultaneously to unbundle the shares in this business to its shareholders. The new company will be named MultiChoice Group and will include MultiChoice South Africa, MultiChoice Africa, Showmax Africa, and Irdeto. Commenting on the transaction, [...]

17 09, 2018

NWR INCREASES AWARENESS IN THE NORTH AMERICAN MARKET

2018-09-17T09:53:25+00:00 September 17th, 2018|NEWS|

Namibia Wildlife Resorts (NWR) and Namibia Tourism Board (NTB) have just returned from the South African Airways (SAA) Africa Showcase. The showcase is the largest travel trade event in North America featuring exclusively African suppliers that represent hotels, safari lodges, destination tourism organisations and other attractions that are popular with North American travellers. This [...]

17 09, 2018

NBL FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2018

2018-09-17T08:21:01+00:00 September 17th, 2018|NEWS|

PERFORMANCE HIGHLIGHTS  Revenue N$ 2.6 billion, down by 0.8%  Operating profit N$ 613 million, up by 0.34%  Profit after tax N$398 million, up by 25%  Earnings per share 192.6 cents, up by 25%  Final dividend per ordinary share 46 cents, up by 9.5%  Special dividend per ordinary share [...]