TransNamib has secured a N$2,6 billion loan from the Development Bank of Southern Africa and the Development Bank of Namibia, which will be used for its capital projects to unlock corridor capacity and address maintenance issues of its locomotives.
The Development Bank of Namibia (DBN) attained a net operating profit of N$62 million in the last financial year.
This was revealed by the Chief Executive Officer of DBN, Dr. John Steytler, at the launch of the DBN Integrated Annual Report 2023/2024 in Windhoek on Thursday.
October 10 marks World Mental Health Day, a global initiative focused on raising awareness of mental health issues and improving mental health care for all populations.
To delve deeper into this topic, Milcah Negongo spoke with Sara Kapiye, Chief Human Capital Officer at the Development Bank of Namibia.
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.
