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Namibia Finance News is an EIN News Service for finance industry professionals. Constantly updated news and information about Namibia Finance.
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Latest Namibia Finance News

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  • Namibia - Value addind beef and farm products 24 Nov 2009 01:01 GMT
    ... Namibia - Value addind beef and farm products ... Bonaventura Hinda emphasised during an intra-Africa business investment event on Thursday. The Southern African nation ... banks started investing in this sector. Development finance institutions, like the Development Bank of Southern Africa, ...

  • IBM Mainframe Deployed in Namibia for the First Time 24 Nov 2009 13:30 GMT
    ... IBM Mainframe Deployed in Namibia for the First Time FNB Namibia Selects ... $10 million, seven-year win at Housing Development Finance Corporation Limited Bank. Other growth markets where IBM ... in advance of the deadline. "FNB Namibia's investment in the latest, industry-leading IBM mainframe systems ...

  • IBM makes mainframe breakthrough in Namibia 24 Nov 2009 15:35 GMT
    ... its core banking systems and operations in Namibia following a directive from the country's central ... of FNB Namibia Holdings, says: "FNB Namibia's investment in the latest, industry-leading IBM mainframe systems ... $10 million, seven-year win at Housing Development Finance Corporation Limited Bank. Other growth markets for new ...

  • Party Manifestos - The Economy 24 Nov 2009 08:50 GMT
    ... least a minimum of 45 per cent Namibian broad-based partnership whilst compelling local companies to ... will provide sound policies to attract industrial investment. Like most other political parties RDP wants ...

  • Billions Flow for Ohorongo Cement 24 Nov 2009 08:50 GMT
    ... (DEG) are officially on board to develop Namibia's only cement factory, and have approved loans ... to Ohorongo Cement. This follows the European Investment Bank's commitment of close to a billion ...

  • Unpacking Industrial Vs Mass Democracy [opinion] 24 Nov 2009 12:15 GMT
    ... role in pushing for the liberation of Namibia and South Africa, as well as championing ... who desire to be part of the investment community are nothing but a tyrannous gang ...

  • Debswana Board Approves Jwaneng Expansion Funding 24 Nov 2009 15:36 GMT
    ... plant and equipment - the estimated project investment is likely to total $3 billion during ... people. From its mining operations across Botswana, Namibia, South Africa and Canada, De Beers produces ...

  • Namibia seeks investment in manufacturing, infrastructure 19 Nov 2009 14:54 GMT
    ... its existing primary sectors is key for Namibia’s growth, Namibian High Commission in South Africa ... commercial counsellor emphasised during an intra-Africa business investment event on Thursday. The Southern African nation ... banks started investing in this sector. Development finance institutions, like the Development Bank of Southern Africa, ...

  • Tourism Insurance for Country 23 Nov 2009 20:34 GMT
    ... Windhoek — With the rapid growth in the ... wildlife industry, tourists can now get tourism insurance whenever they travel within the borders of Namibia. Namibia's first tourism insurance company,Safari and Tourism ...

  • Namibia's economy could grow by 4,4% in 2010 ' economist 19 Nov 2009 11:55 GMT
    ... Namibia’s economy could grow by 4,4% in 2010 ... on Thursday. Speaking at an intra-Africa business investment function, in Johannesburg, he noted that the ...

  • Nalco eyes mineral properties in Namibia 19 Nov 2009 12:13 GMT
    ... With an aim to diversify into other minerals and metals, ... buying coal, copper and uranium mines in Namibia. "We aim to diversify into other metals. ... uranium assets in mineral-rich Namibia," Nalco Director, Finance, B L Bagra told PTI. The public sector, ...

  • Completes North River Resources Transaction 20 Nov 2009 15:16 GMT
    ... develop gold and base metal projects in Namibia Kalahari Minerals plc, the AIM listed resource ... to 2008 comprising circa £8 million of investment. The pool of expertise and corporate support ... 7878 3360 Hugo de Salis St Brides Media&Finance Ltd Tel: +44 (0) 20 7236 1177 Susie ...

  • KALAHARI MINERALS PLC - Completes North River Resources Transaction 20 Nov 2009 16:20 GMT
    ... develop gold and base metal projects in Namibia Kalahari Minerals plc, the AIM listed resource ... to 2008 comprising circa GBP8 million of investment. The pool of expertise and corporate support ... Hugo de Salis St Brides Media & Finance Ltd Tel: +44 (0) 20 7236 1177 Susie ...

  • Insurers calculate the rising risks of climate change 20 Nov 2009 02:37 GMT
    ... warn that the continued availability of widespread insurance depends on taking immediate action to mitigate ... actuarial tables." A recent UN Environmental Programme Finance Initiative report on sustainable insurance found that systemic ... then be in a position to prioritise investment to reduce exposure to climate change and ...

  • Fresh clues about Deep Green 22 Nov 2009 08:46 GMT
    ... The three men who formed the mock financial firm that ... Sunday has learnt. The company Deep Green Finance Ltd is believed to have been formed back ... were directly linked to Tangold, declared itself bankruptcy and voluntarily liquidated, and the government has ...

  • Botswana Gets P1.2 Billion World Bank Loan 19 Nov 2009 10:13 GMT
    ... Botswana and neighbours South Africa, Zambia and Namibia through rail and road and is estimated ... signing ceremony on Monday, the Minister of Finance and Development Planning, Kenneth Matambo, said the OPEC ... advisory services to undertake a number of pre-investment activities. These include studies for three new ...

  • Party Manifestos - the Economy [opinion] 23 Nov 2009 21:54 GMT
    ... least a minimum of 45 per cent Namibian broad-based partnership whilst compelling local companies to ... will provide sound policies to attract industrial investment. Like most other political parties RDP wants ...

  • RDP to Lay Good Foundation for the Future - Hamutenya 23 Nov 2009 21:54 GMT
    ... of change for the younger generation of Namibia. Addressing a well--attended rally at Ondangwa on ... not changing, because there is no real investment in our economy to create employment," he ...

  • The End Of The TV Licence Fee? 20 Nov 2009 14:15 GMT
    ... adoption of increased commercialisation in the current Namibian broadcasting environment is that the superficial gloss ... amount handed over to the ruling party’s investment arm, through DStv, invested over ten years, ...

  • USA - Credit guarantees from USDA 21 Nov 2009 01:11 GMT
    ... On November 13, the U.S. Department of Agriculture’s (USDA) ... helps ensure that credit is available to finance commercial exports of U.S. agricultural products to developing ... commodities are sold on a cost-and-freight or cost-insurance-and-freight basis, coverage on a cost-and-freight basis to ...

  • Looking quietly for the next uranium ripsnorter 21 Nov 2009 05:15 GMT
    ... Over the past year, along with platinum miners and oil ... there has been some excitement over certain stocks, not least Australia-listed Extract Resources (ASX: EXT), with ... EXT), with its Rössing South discovery in Namibia. Over the past year, along with platinum ...

  • Fredericks Foundation Gives Back 20 Nov 2009 14:57 GMT
    ... Windhoek — THE Frank Fredericks Foundation (FFF) once again ... sports equipment to athletes and schools in Namibia. This month, the foundation announced a sponsorship ... in Business Administration with the emphasis on Finance and Marketing. He has given lectures to both ...

  • Caution over future of nuclear energy 23 Nov 2009 10:07 GMT
    ... resources as does the US, South Africa, Namibia, Brazil, Niger and Russia. However, the Cigar ... Funds or by investing into a collective investment scheme which invests in uranium. However, investors ... need to be wary as small cap stocks and specialised funds can be highly illiquid, making ...

  • Future growth in local truck sales looks positive 19 Nov 2009 22:53 GMT
    ... that a large number of approved capital investment projects lost out on funding, as available ... best performer in Africa. The Botswana and Namibian Defence Forces, as well as State-owned power ... the arduous conditions that are placed on finance applicationsapprovals, it seems as though every effort has ...

  • Teko Trading Asks for Release of Frozen Funds 23 Nov 2009 21:54 GMT
    ... EMBATTLED Public Service Commissioner Teckla Lameck and her business ... this type of equipment, Nuctech Company, and Namibia's Ministry of Finance. The Finance Ministry agreed in May last year ...


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