Finance
UK civil servants allowed to work from home 16 May 2012   LONDON – Britain’s government yesterday defended plans to let civil servants work from home during the London Olympics, insisting staff
Standard Bank Namibia records increase in assets 16 May 2012   WINDHOEK – Standard Bank Namibia’s total assets have increased from N$14 billion to N$16 billion, representing an increase of 13 per ce
Holcim aims for $1.6 bln profit gain by cutting costs 15 May 2012   ZURICH – Holcim, the world’s second-largest cement maker, facing surging energy costs and weak demand in Europe, plans to cut costs and
Africa Finance Corp eyeing $3 bln deals in a year 15 May 2012   NAIROBI – Africa Finance Corporation (AFC), a Lagos-based development financier, is considering potential investments worth $3 billion across
Kunene urged to use DBN loans 14 May 2012   WINDHOEK – The Development Bank of Namibia (DBN) has appealed to businesses in Kunene to make use of its developmental loan facility to spur
Positive results for barley production 11 May 2012   WINDHOEK - Import of barley, which is an important ingredient in beer production and could also be processed into flour, and to feed animals in Nam
MCA donates office equipment 11 May 2012   WINDHOEK - The Millennium Challenge Account-Namibia (MCA-N) handed over office equipment worth N$ 80,000 to the Ministry of Environment and Tourism
Structural transformation of economy needed – Tweya 10 May 2012   WINDHOEK – Trade and Industry Deputy Minister Tjekero Tweya says Namibia requires growth and structural transformation of the economy in orde
NAC workers to strike today 10 May 2012   WINDHOEK – Workers at airports countrywide are to stage a strike today following a dispute over the implementation of a restructuring process
Feasibility study planned for sunflower processing 10 May 2012   WINDHOEK – The Ministry of Agriculture, Water and Forestry is planning to conduct a feasibility study for the establishment of a sunflower oi
S.A’s jobless rate quickens as economy struggles 09 May 2012   PRETORIA – South African unemployment rose in the first quarter of 2012, data showed yesterday, in a sign that economic growth remains far be
America Movil offers $4.2 bln for KPN stake 09 May 2012   AMSTERDAM – America Movil, the telecoms group controlled by Mexican tycoon Carlos Slim, has offered to buy a stake worth up to 3.2 billion eu
Leaders, business executives set to discuss Africa’s growth 09 May 2012   ADDIS ABABA – African leaders, business executives and civil society members meet in the Ethiopian capital today to discuss Africa’s gr
Buffett says investors shouldn’t act on headlines 08 May 2012   OMAHA, Nebraska - Billionaire Warren Buffett said Monday that Europe will have a hard time resolving its fiscal problems because of the structure o
Kenya’s search for oil and gas 08 May 2012   NAIROBI - Tullow Oil Plc has found more oil in a well it is drilling in Kenya after striking the country‘s first-ever oil discovery in March,