BUSINESS TODAY | NBL rakes in N$4 billion in revenue

Breadcrumb

Namibia Breweries Limited (NBL) announced its condensed consolidated interim financial results for the period ended 30 June 2024, with a net revenue increase of over N$4 billion.

NBL's diversified portfolio has yielded positive results, with volume growth in all beverage categories. 

BUSINESS TODAY | Windhoek Agricultural and Industrial Show's history

Breadcrumb

The Windhoek Agricultural and Industrial Show (WAIS) can be traced back to 1899 when the first show was held on the 2nd and 3rd of June.

The origins of the event pride themselves on the agricultural sector, being the earliest backbone and supporting structure of the local economy.

BUSINESS TODAY | Namibia Stcok Exchange products

Breadcrumb

Business Today's co anchor Ndawedwa Kalunduka, spoke to the Chief Executive Officer of the Namibia Stock Exchange, Tiaan Bazuin, about the operations, current value, daily volume, and exciting products offered by the Namibia Stock Exchange.

BUSINESS TODAY | State of Namibia's aviation sector

Breadcrumb

The Namibia Airports Company (NAC) has been on a quest to transform the local aviation sector.

The Namibia Airports Company Chief Executive Officer, Bisey Uirab, discusses the state of the Namibian aviation sector.

BUSINESS TODAY | NUNW reacts to new minimum wages

Breadcrumb

The much-talked-about and anticipated new minimum wages have been published in the government gazette.

The new remuneration changes will become effective on January 1, 2025. The gazette states that the minimum wage for employees in Namibia will be N$18.00 per hour.

Strong Namibian Dollar keeps fuel prices unchanged

Breadcrumb

The strong performance of the Namibian Dollar (NAD) against the US Dollar (USD) in July, at N$18.21 to US$1, is among many factors that resulted in fuel prices remaining unchanged for August.

Motorists will once again breathe a sigh of relief as both petrol and diesel grades will remain unchanged.

Namibia's debt declining at manageable levels - Shiimi

Breadcrumb

Namibia's borrowing and debt levels have been a concern in recent years, but are now under control and are showing a decline since the beginning of this year.
 
Finance and Public Enterprises Minister, Iipumbu Shiimi, said the country's debt level is still sustainable and within controllable levels.

CPBN warns against exploitation of workers

Breadcrumb

The Central Procurement Board of Namibia has flagged construction, security services, and cleaning companies as among those not adhering to labour law's minimum wage provision and also exploiting workers.