Agra Limited staff join fight against drought

Agra staff members have joined the fight against the drought by donating an amount of N$100 000 to the Dare to Care Fund. Agra staff from all corners of the country, decided to collectively raise funds by contributing a share of their salaries to assist in alleviating the plight of drought-stricken farmers. “Agriculture is the…

Standard Bank commits to local economic growth

Standard Bank has signed off on an agreement to participate in the largest commercial transactional deal this year to enable Debmarine Namibia to acquire a mining vessel which will boost diamond recovery operations. The vessel will be used for marine diamond recovery operations off the southern coast of Namibia, in the Atlantic 1 mining licence…

MTC launches internship programme

Mobile Telecommunications Limited (MTC) in partnership with 22 private and public sector entities have committed to providing internship opportunities to 161 students for the 2019/20 financial year. This was revealed by MTC Chairperson, Elvis Nashilongo, at the launch of the MTC Namibia National Internship Programme in the capital on Monday. Nashilongo said the three-month internship…

Eos Capital acquires majority shares of Avbob Namibia

Eos Capital has acquired the majority of the ordinary share capital of Avbob Namibia Holdings from the Avbob Mutual Insurance Society in South Africa. The transaction is pending approval from the Namibian Competition Commission, Eos Capital announced in a media statement issued on Wednesday. Through its N.dollars 460 million Allegrow Fund, Eos Capital will inject…

Hobas Lodge set to re-open

Namibia Wildlife Resorts (NWR) Hobas lodge which experienced flash floods early February resulting in a damaged sewerage system, broken trees and vast piles of sand around the restaurant, swimming pool and camping grounds is set to re-open on 1 June 2019. Dr Matthias Ngwangwama, NWR Acting Managing Director, says that “over the past few months,…

Bank Windhoek contributes to fighting drought

In response to the Namibian government’s state of emergency declaration on the current drought affecting the country, Bank Windhoek, as a responsible corporate citizen has implemented various measures to minimise the effects of this unfortunate disaster. From a customer perspective, an internal committee has been established to look at both commercial and communal farmers exposures…

Bank Windhoek supports Hennie de Waal Sports Festival

Bank Windhoek has once again sponsored the Hennie de Waal Sports Festival, which kicked off on Wednesday, 13 March 2019. Hosted at Windhoek’s Technical High School (HTS) sportsgrounds, the festival, now in its 24th year, is named after a former teacher, who initiated the event as a celebration of Namibia’s Independence. About 800 participants, including…