David Nuyoma, Group CEO of Capricorn Group 15 November 2023 The Chairman of the Capricorn Group Board, Mr. Gerhard Fourie, announced that the recruitment process for the position of Group CEO of Capricorn Group has been successfully concluded. The Capricorn Board has approved the appointment of Mr. David Nuyoma as [...]
N$1 MILLION DONATION TO THE MINISTRY OF HEALTH AND SOCIAL SERVICES On October 13th, the Frans Indongo Group (FIG), through the Frans Indongo Trust, officially handed over a donation of One Million Namibian dollars to the Ministry of Health and Social Services as part of the Group's contribution to the ongoing national response against [...]
DBN CEO Martin Inkumbi The Development Bank of Namibia has announced a facility to finance climate change adaptation, bolstering its long track record of finance with beneficial environmental and social initiatives. Explaining the facility, DBN CEO Martin Inkumbi said it provides an affordable and tailored financing solution for climate and environmental friendly projects. [...]
DBN CEO Martin Inkumbi The onset of Covid-19, 18 months ago, has led to vulnerability on the part of some enterprises. Development Bank of Namibia (DBN) CEO Martin Inkumbi suggests that one solutions can be found in equity finance through a national equity fund for qualifying enterprises currently experiencing headwinds, but with potential [...]
Photo credit: Ministry of Finance “PPPs aim to leverage private sector capital and expertise to maximize public goods and value for money, while allocating the risk of developing and operating the asset to the party best suited to bear said risk” Harambee Prosperity Plan II [...]
“PPPs aim to leverage private sector capital and expertise to maximize public goods and value for money, while allocating the risk of developing and operating the asset to the party best suited to bear said risk” Harambee Prosperity Plan II CLICK TO OPEN: [...]
Photo Caption: Standard Bank’s Enterprise Direct Manager, Felicia Jooste, has announced that it has partnered with the Credit Guarantee Scheme (CGS) to provide collateral cover of 60% for qualifying SMEs. Standard Bank Namibia has announced that it has partnered with the Credit Guarantee Scheme (CGS) to provide collateral cover of [...]
Development Bank of Namibia (DBN) has announced that it will launch Covid-19 business relief loans on 18 January 2021. The Bank will provide finance equivalent to 3 months up to a maximum of 6 months working capital for enterprises affected by Covid-19. The term of the loan will be [...]
UNIQUE PRODUCT WILL ASSIST ELECTRICITY CONSUMPTION MANAGEMENT AND PROVIDE INTERNET Winner of the Development Bank of Namibia (DBN) 2019 Innovation Award, Pulsar Electronics, is making strides with a DBN enterprise development and support package that is securing the future of its award winning business proposal. Pulsar’s innovative product, known as GridX, offers the twofold [...]
Photo Caption: Rens Shilongo a young artisan and owner of automotive enterprise Mekemo Trading received skills-based finance for young artisans to purchase tools and equipment that will assist it to expand its business. The company employs four mechanics and two panel beaters. [...]
