The Namibian Competition Commission (NaCC) approved the Development Bank of Namibia’s acquisition of the Tona Amadhila’s Outapi Shopping Centre on 15 August. Amadhila is prime minister, Saraa Kuugongwelwa Amadhila’s husband, who as The Namibian reported in 2021, had been in arrears on loans worth N$180 million from the development bank. The commission approved the acquisition...
The Development Bank of Namibia (DBN) recently unveiled its complete service charter, “The Gold Standard,” which solidifies its commitment to providing excellent services and cultivating “unparalleled” customer satisfaction. Speaking at the charter’s launch for staff, DBN Executive for Marketing and Corporate Communication, Jerome Mutumba, emphasised DBN’s commitment to continuous improvement, specifically in making necessary adjustments...
Amupanda hou voet by stuk DBN minister se lening toesmeer Die leier van die Affirmative Repositioning-beweging Job Amupanda sê daar is geen twyfel dat die Ontwikkelingsbank die kwessie van net meer as 3,6 miljoen Namibiese dollar se skuld van die hoër onderwysminister Itah Kandjii-Murangi toegesmeer het nie. Hy sê hy het nog nie weer van...
Martin Endjala The Development Bank of Namibia (DBN) has come out strongly to defend its settlement policy in events of default, saying that the bank has robust and well-developed policies that inform credit decisions. This comes after allegations from members of the public concerning the need for a broader appreciation of the Bank settlement policy...