Tag Archives: Markets

Market wrap 24 January 2014

BATA franchise enters Namibia

A world renowned brand with footwear as its core business has made its way into the Namibian market after a successful partnership between Namibian and Zimbabwean business figures who acquired the franchise rights and managed to open BATA Namibia on

Scams pop out everywhere

Several scams have surfaced in Namibia within less than two months worrying the The Bank of Namibia (BON) which have issues several warnings since the beginning of January to sensitise the public to the unprecedented proliferation of scams especially via

Market wrap 17 January 2014

Opening of new FNB branch in Kuisebmund on track

Simtec widens its foot print

Namibian owned company Simtec Technology will on Monday go live as they launch the first phase of their software development, after a successful completion and testing which will see them handling the needs of an overseas firm, Strata Worldwide from

Trade deficit widens in November

Namibia’s trade deficit widened to N$1.6 billion in November according to monthly trade statistics released by the Namibia Statistics Agency (NSA) this week.
The NSA attributed the increase in the trade deficit, which went up by 60% compared to the revised

Growing FNB’s customer capacity

FNB Namibia appointed Erica Mulondo as Group Manager: Customer ServiceErica Mulondo has become FNB Namibia’s most recent managerial appointment, joining the commercial bank in the capacity of