Local borrowing by Letshego Holdings (Namibia) increased to N$ 3.1 billion in the year ended 31 December 2023 as the company undertook to finance growth and decrease reliance on parent funding. The company said in its financial results that it has been progressively implementing its digitalisation strategy in line with our ambition to grow market...
December 29, 2024
Tag: N3.1
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Inside NAMDIA’s N$3.1 billion revenue drivers – Business Express
NAMDIA, the Namib Desert Diamonds (Proprietary) Limited Company, a 100% commercial public enterprise marked a historic occasion at the launch of its Annual Report for the financial year 2022/2023 last week, declaring a record-breaking dividend of N$300 million to NAMDIA’s shareholder, the Government of the Republic of Namibia. This declaration came at the backdrop of...
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NAMDIA declares dividend of N$300 million to government company’s revenue increases to N$3.1 billion
Business Reporter NAMDIA, the Namib Desert Diamonds (Proprietary) Limited Company, a 100% commercial public enterprise, today released its results for the 2022/23 financial year and declared a dividend of N$300 million to its shareholder, the government. In addition to this, the 2022/23 financial year saw NAMDIA’s revenue reaching N$3.1 billion, an increase of 63% compared...