Namibia Breweries Limited (NBL) has released its condensed consolidated financial results for the first six months ending December 2023, showcasing its resilience amid challenging economic conditions. The first half of 2023 proved to be a testing period, marked by heightened income disparity and constrained consumer spending. Despite grappling with a 13.7% dip in beer sales...
December 15, 2024
Tag: sales
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Arms sales to Israel: Top judges urge UK to halt weapons trade – News
Three former Supreme Court justices have joined more than 600 legal experts in calling for the UK government to end weapons sales to Israel. In a letter to the prime minister, they said exports must end because the UK risks breaking international law over a “plausible risk of genocide” in Gaza. Rishi Sunak is already...
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Basketball Africa League Announces Ticket Sales for Nile Conference Group Phase Tipping off April 19 in Cairo, Egypt
Tickets on Sale Now at BAL.NBA.com and Tazkarti.com; Fans Can Save Up to 35% On Group Packages; Fans Can Watch All Games Live on the NBA App (https://apo-opa.co/43eJtgR), NBA.com, BAL.NBA.com and the BAL’s YouTube Channel (https://apo-opa.co/3twvshm); Games Will Reach Fans in 214 Countries and Territories in 17 Languages. The Basketball Africa League (BAL) today announced ticket sales information...
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Car sales reached 1102 units in February – Windhoek Observer
Total new vehicle sales reached 1102 units in February, nearly matching the sales figures from February last year, which stood at 1103 units. This represents a slight contraction of 0.1% year on year but an increase of 16% month on month. Simonis Storm Securities said historically, February tends to witness higher sales volumes compared to...
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Namibia plans supertax on luxury property sales
Finance Minister Iipumbu Shiimi announced on Wednesday the planned introduction of a supertax on residential properties being sold for above N$12 million. “A supertax transfer duty and stamp duty bracket for luxury residential properties will be introduced for properties costing above N$12 million,” he said in his 2024/25 Budget Statement. The Finance Minister also announced...
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Strict Ban on Alcohol Sales This Sunday, Police Confirm – Namibia Daily News
Windhoek, Namibia- Deputy Commissioner Kauna Shikwambi, the Police Spokesperson, announced a strict prohibition on the sale of alcohol this coming Sunday. In a move aimed at ensuring public order, all liquor outlets across the country are mandated to keep their doors closed throughout the day. The directive comes as part of broader measures to maintain...
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Namibia’s vehicle sales surge in January, offering optimistic outlook
950 new vehicles were sold in January, marking a 13% month-on-month and 17.7% year-on-year increase from December 2023 and January 2023, respectively according to latest data shared by Simonis Storm. “Given this consistent upward trend, there is an optimistic outlook for vehicle sales in 2024, with expectations of further improvements,” said Simonis Storm. Toyota emerged...
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Vehicle sales surge in January – Windhoek Observer
Martin Endjala The beginning of 2024 has witnessed a significant uptick in vehicle sales, achieving the highest January figures since 2016. A total of 1,369 vehicles were sold, with 950 of these being new units. This marks a notable increase of 13.0 percent from December’s 841 units and a 17.7 percent increase from January of...
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Local vehicle sales surge in January – SSS analysis
In a recent analysis report released by Simonis Storm Securities (SSS), the beginning of 2024 has marked a promising start for local vehicle sales, reaching the highest figures for January since 2016. According to the report, a total of 1,369 units were sold, with 950 new vehicles sold in January alone, reflecting a notable 13.0%...
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US weapons sales abroad hit record high in 2023, boosted by Ukraine war
US weapons sales overseas rose sharply last year, reaching a record total of $238bn (£187bn), as Russia’s invasion of Ukraine stoked demand. The US government directly negotiated $81bn in sales, a 56% increase from 2022, the state department reported. The rest were direct sales by US defence companies to foreign nations. Ukraine’s neighbour Poland, currently...