Neymar Jr’s Five gears up for qualifiers

The last activation for the Neymar Jr’s Five soccer tournament took place over the weekend at the University of Namibia’s (UNAM) Faculty of Engineering and Information Technology in Ongwediva. Over 150 teams are expected to compete in Oshakati, Swakopmund and Windhoek. The Neymar Jr’s Five, a Brazilian soccer star’s signature five-a-side soccer contest, is a…

Development Bank loan for Erongo RED Finance for mass housing and waterfront energy supply

The Development Bank of Namibia (DBN) has provided an additional N$150 million for Erongo RED. The amount is being used to finance additional second phase electricity distribution requirements for the Swakopmund mass housing development, and for the waterfront. Erongo RED previously used N$250 million from DBN to finance its first phase project to upgrade aging…

SMEs benefit from entrepreneur roundtable

More than 20 young Small and Medium Enterprise. (SME) owners benefited from an entrepreneur roundtable held by SMEs Compete here on Tuesday. The gathering was aimed at helping to improve business performance and competitiveness in the Namibian SME sector. A media statement issued by the consultancy firm said experienced business owners shared their business skills…

Standard Bank hands over Buy-a-Brick homes in Otjinene Less than a year after launching the third Buy-a-Brick initiative, Standard Bank officially handed over 15 new houses in Otjinene that were built through the initiative on Friday, 18 May 2018. The Bank’s Chief Executive, Vetumbuavi Mungunda, launched the third leg of the Bank’s flagship initiative which…