DBN, DBSA jointly pledge N$8 billion in finance at Growth Summit
Water, electricity, transport & logistics identified The Development Bank of Namibia (DBN) and the Development Bank of Southern Africa (DBSA) have jointly pledged N$8 billion in finance for infrastructure requirements in Namibia. The pledges consist of N$3 billion for Namwater to develop water projects, N$2.5 billion for Nampower, for electricity generation and transmission, and N$2.5 […]
Spate of armed robberies rock Omaruru-area
Sharlien Tjambari and Eileen van der Schyff A series of armed robberies in Omaruru over the last week came as a huge shock to the town’s residents and follows only days after an elderly lady was overpowered, raped and robbed of her belongings. The public, specifically residents of Omaruru and the surrounding areas, are urged […]
“Love Boat” here in April
With tomorrow set for a record day for the port of Wavis Bay, when a total of three passenger liners will be alongside simultaneously, the rally of passenger ships visiting during January 2019 also shifted up a notch. A total of five passenger liners were originally scheduled t call during January. However, the number now […]
Just enough is smarter then more
Jerome Mutumba, Development Bank of Namibia (DBN) Head of Marketing and Corporate Communication says that as the economy begins to improve entrepreneurs will find greater confidence to establish SMEs, and existing SMEs will seek finance to grow. However, he says, confidence should walk hand in hand with responsible borrowing. Responsible borrowing, Mutumba says, takes into […]
Parent’s hearts eased
Sjarlien Tjambari Much needed relief for the parents at Swakopmund Primary School came on Friday in the form of 130 backpacks full of stationary for school’s needy learners. Two non-profit organisations, Liefde Wen Namibia and the Namibian Youth Missions made this most welcomed donation. The two organisations raised around N$40 000-00 for this project in […]