Third weekend of NAMAs raises bars

A testament to raising the bar, a squibbing third weekend of the virtual Namibia Annual Music Award (NAMA) saw once again fireworks on the stage stroked off with deserving winners from four categories. Sunny Boy and Taylor Jay stole the evening with the Hikwa King scooping the Best Kwaito accolade in what was arguably the…

Shoprite endorses Basson to join MTC Knock Project sponsors

Africa’s largest retail grocer Shoprite bolstered the much-anticipated charity project with a N$50 000 and endorsing entrepreneur and comedian Nevile Basson today, joining corporates NAMDIA, Namibia Housing Enterprise (NHE), NamibRe, Huawei, and NamibMills. Speaking a press announcement today, Shoprite Head Buyer Patricia Hangula alluded to sentiments that the continental grocer powerhouse is not new at…

Debt management during tough times

By Bank Windhoek’s Market Research Analyst, Loide David. In August, the Bank of Namibia (BoN) cut its benchmark interest rate by another 25 Basis Points (BPS), a standard unit of measure for interest rates, to a record low of 3.75 percent, after the South African Reserve Bank’s interest rate was cut by the same margin in July.…