During the fourth quarter of 2017, the FNB/ Fenata tourism index contracted by 8.4% q/q (2017q4-2016q4) in real terms. FNB Analyst Josephat Nambashu informed that given the economic backdrop, it was no surprise that the index retreated deeper into the negative after another set of disappointing fourth quarter numbers. “The foreign currency translation provided some…
The first female country manager of IBM in Africa, Angela Kyerematen-Jimoh is set to be awarded the prestigious Corporate Personality of the Year award at the Glitz Africa’s annual 2018 Ghana Women of the Year Honours. The awards which come in recognition of Angela’s exceptional leadership as Country Manager of IBM in Ghana and her…
FNB Namibia recently awarded Estate Agents at their annual Realtor Club gala dinner, this year with a Turkish flair. Estate Agents who supported FNB Namibia by bringing the bank business enjoyed some belly-dancing entertainment, a great buffet, chill area and the opportunity to dance the night away. Total business registered through the estate agents for…
The Bank Windhoek National Indoor Hockey League entered its ninth round over the weekend in Windhoek. At this round’s conclusion, Windhoek Old Boys’ (WOBSC) Mad Maroons are nine points clear at the top of the Men’s Premier League. Only three points separate Saints in second place and University of Namibia (UNAM) who occupy the third…
Infants in some of the world’s poorest regions are vulnerable to a common worm parasite infection and their treatment should become a priority, according to a study. Regular testing and treatment of pre-school children for snail fever – known as schistosomiasis or bilharzia – would reduce the spread of the disease, while promoting childhood health…
The second round of the Bank Windhoek Fistball League took place over the weekend at Cohen Fistball Club (CFC) in Windhoek. Current champions Sport Klub Windhoek (SKW) increased their lead with six points at the top of the table. CFC and SKW 2, share second place with 18 points each. SKW 1 cruised through Group…
Now that the dust has settled, a lot of parents whose children were not fortunate enough to secure scholarships or bursaries must be lamenting about why they didn’t begin saving sooner. Unfortunately for them there is no silver lining in the clouds for and the light at the end of the tunnel is that of…
Mariental rural constituency councillor and National Council member, Simon Dukeleni on Monday donated four boxes of 24 tinned mackerel fish to the Stampriet Police Station inmates in Hardap region. Dukeleni said he is aware of the pressing economic situation in which the country finds itself in and wanted to assist and meet the Namibian Police…
I often receive questions relating to the International Financial Reporting Standards (IFRS) and why it plays such an important role when it comes to reporting on the financial performance and financial position of a company. The world economy has become increasingly interdependent over time, but this process of economic globalisation has accelerated significantly over recent…
Agra’s revamped branch in Maltahöhe in the Hardap Region will open on Friday. A statement availed to Nampa on Monday said as a token of appreciation for the support during the construction phase, a variety of products will be offered at discounted prices. The re-opening of the Maltahöhe branch comes a few months after Agra…