NAMFISA posts N$24 million profit

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The Namibia Financial Institutions Supervisory Authority (NAMFISA) has made revenue amounting to N$279,5 million with expenditure of N$254,7 million during the 2023/2024 posting profit of N$24 million. 

BUSINESS TODAY | NWR records a 3% revenue increase

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Namibia Wildlife Resorts' saw a revenue increase of 32 percent in 2022.

The state-owned enterprise's revenue jumped from N$294 million in 2022 to N$387 million last year, resulting in a profit of N$46 million.

African Maintenance Funds Association calls for new revenue collection 

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The African Roads Maintenance Funds Association is calling for new revenue collection strategies amidst threats to global fuel supply and the emergence of electric cars.

The outgoing president of the association, Ali Ipinge, says Africa is not behind with the concept of electric cars.

MTC reports N$52,9 million in 2022 revenues

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The Mobile Telecommunications Company (MTC) achieved profitable growth and increased its infrastructure investment during 2022 as its customer-centric digital transformation strategy delivered value.

The company's revenue has grown from N$25,6 million in 2021, to N$52,9 million in 2022. 

Namport revenue increases by 11%

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Despite the effects of the COVID-19 pandemic on the logistics industry, Namport's revenue increased by 11% for the fiscal year 2021–2022.

The company's revenue increased from N$1.11 billion during the previous financial year to N$1.23 billion.