Namibia Ceramics seeks investment
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Namibia Ceramics, a manufacturing construction plant site located in Tsumeb, is the brainchild of Heikky Katti, a local man who came up with the business idea in 2017.
Namibia Ceramics, a manufacturing construction plant site located in Tsumeb, is the brainchild of Heikky Katti, a local man who came up with the business idea in 2017.
Six small business owners in the Zambezi Region became the latest beneficiaries of the Development Bank of Namibia's national metric and coaching programme.
The Development Bank of Namibia's coaching programme aims to empower small businesses.
Fitch Ratings in London has decided to keep the Development Bank of Namibia Limited's long-term issuer default ratings at 'BB minus' with a stable outlook.
This means the bank is considered to have a slightly higher credit risk but is stable overall.
The Keetmanshoop Municipality has applied for an N$11.9 million loan from the Development Bank of Namibia (DBN) to upgrade its electricity infrastructure.
This transpired at the presentation of the municipality's ministerial-approved N$296.8 million operational budget to residents on Tuesday.
The Development Bank of Namibia (DBN) has clarified its position on financing mining exploration activities, stating that it does not provide funding for such business activities.
Several State Owned Enterprises reiterated their commitment to finance agricultural activities to ensure food security in the country.
The commitments were made by the Agribank, DBN and the Environment Investment Fund at a three-day workshop on food security in Windhoek.
The Development Bank of Namibia (DBN) has handed over two classrooms to the Maunga Junior Primary School in Linyanti Constituency.
The classrooms were constructed at a cost of N$500 000.
Meatco has introduced strategies to improve its performance and income by exploring new export markets for the country's meat and meat products.
The state-owned company has been swimming in debt over the last few years and has been operating mainly on bank overdrafts.
City of Windhoek and the Development Bank of Namibia signed a loan agreement of N$155 million to finance the construction of the Khomas Intake Substation project.
Developments in residential, commercial, and industrial areas throughout the city have led to an ever-increasing demand for power.