Trustco Group Holdings Limited (“Trustco”) is pleased to announce that Next Capital (Pty) Ltd (“Next”), a key shareholder and lender to the Company, has elected to extend the repayment date for a N$1 billion related party loan. The decision comes as Trustco and Next engage in negotiations that could see the loan converted into an...
The goat production training initiative at Agra ProVision is set to boost goat production practices, with broader agricultural and rural development goals in southern Africa, says Agra ProVision manager Theo Ickua. Agra ProVision is the professional training division of Agra Limited, providing expert advice and support in various farming areas, such as capacity development, basic...
Martin Endjala The City of Windhoek has taken significant steps in enhancing food security and nutrition in urban areas. The plans were revealed during an AFRI-FOODLINKS City Exchange workshop in Windhoek, with 12 delegates from Africa and Europe attending. According to the Chairperson of Economic Development, Public Safety and Citizen’s Welfare Advisory Committee, Austin Kwenani,...
Niël Terblanché In a decisive move to amplify the Southern African Development Community’s (SADC) presence on a global scale, officials tasked with Information, Communication, and Public Relations across Member States received focused training during a workshop in Swakopmund. The initiative, spearheaded by the SADC Secretariat, aims to elevate the communication, awareness, and visibility of the...
Stakeholders in road safety are working to ensure that roads are safe for all by setting up checkpoints along the major roads. One such control point is on the Swakopmund-Henties Bay route. The Road Traffic Check Points will focus on examining vehicle conditions, ensuring drivers are sober, and identifying individuals with outstanding warrants of arrest....
Small and medium enterprises (SMEs) play a crucial role in Namibia’s economic growth and development, especially when it comes to the creation of jobs, which remains a significant problem across the country. The significance of the SME sector in Namibia cannot be ignored as it provides livelihoods and incomes for a large population of the...
Namibia Revenue Agency (NamRa), in collaboration with the GIZ CESARE Trade Project, has commenced with a workshop focused on enhancing seamless trade within the Southern African Development Community (SADC) region. This event brings together key stakeholders in Namibia. Spanning from Monday to Wednesday, the workshop is centred around the Regional Customs Transit Guarantee (RCTG) Scheme....
Staff Reporter WINDHOEK, Sept. 12 — Internal auditors are under growing pressure to increase the value they provide to their organizations. Many are exploring whether artificial intelligence (AI) can help them achieve this goal. AI, powered by algorithms that analyze data to identify patterns and anomalies, offers the potential to enhance the capabilities of internal...
Ndimudule Laina NdeumanePublic Analyst Public–private partnerships in Namibia are one features that are growing economic landscape since independence was declared in the 1990s. Despite the boom in mining industry ventures, the fiscal deficit is growing and living standards remain inadequate in localized areas, PPPs are increasingly sought after for wider social objectives. There is still...