All Namibia News

Namibia’s public enterprises hold N$120 billion in total assets : Namibia’s commercial public enterprises hold a total of N$120 million in value assets with N$60 billion in liabilities and a net asset value of N$60 billion.  According to the Parliamentary Standing Committee on Economics and Public Administration’s report, there are currently 81 state-owned enterprises (SOEs) collectively employing approximately 25,000 Namibians. “Namibia currently owns 81 public […] The post Namibia’s public enterprises hold N$120 billion in total assets  first appeared on The Brief | Namibia's Leading Business & Financial News. https://lnkd.in/d73QsR68

Audit shows decline in Namibia public sector financial governance : The office of the Auditor-General says the number of state-owned enterprises, regional councils and local authorities with clean audits dropped from 13 to six, indicating worsening financial management. The Auditor-General identified a growing number of government offices with financial report issues, with the count increasing from two to eight between the 2018/19 and 2022/23 financial […] The post Audit shows decline in Namibia public sector financial governance  first appeared on The Brief | Namibia's Leading Business & Financial News. https://lnkd.in/dQhZG_Rn

Namibia leads Africa in pension fund development, highest assets per capita: Namibia has maintained its position as Africa’s leader in pension fund development for the fifth consecutive year, according to the latest ABSA Africa Financial Markets Index (AFMI) 2024. The country boasts the highest pension fund assets per capita on the continent, standing at N$88,425 (US$4,806). The AFMI report indicates that 50% of Namibia’s pension fund […] The post Namibia leads Africa in pension fund development, highest assets per capita first appeared on The Brief | Namibia's Leading Business & Financial News. https://lnkd.in/dMsuQAN6

Capricorn Group posts N$1.06 billionafter tax profit: Capricorn Group posted a profit after tax of N$1.06 billion for the six months ending 31 December 2024, reflecting a 28.4% increase from N$827.6 million in the previous year. Earnings per share rose by 29.1% to 196.80 cents, while return on equity improved from 16.8% to 19.1%, the group announced. Capricorn Group CEO David Nuyoma […] The post Capricorn Group posts N$1.06 billionafter tax profit first appeared on The Brief | Namibia's Leading Business & Financial News. https://lnkd.in/dD55sH5u

The brand and product performance: By The Brand Guy I am not keen on spending money when I don’t have a lot. I will use mobiles as an example. I have to have a mobile for work. I need it to communicate for work or for friends. It’s also a device for entertainment (recreational reading for an hour or two […] The post The brand and product performance first appeared on The Brief | Namibia's Leading Business & Financial News. https://lnkd.in/diidZu5r

What happens to your data after it is stolen?: By Kondjeni Ndakeva and Leake Ileka You wake up one morning, check your email, and see a notification that your bank account has been accessed from a foreign country. You scramble to check your transactions, only to realise that money has already been transferred out. How did this happen? The truth is, your data may […] The post What happens to your data after it is stolen? first appeared on The Brief | Namibia's Leading Business & Financial News. https://lnkd.in/d8x7Pawu

IN MEMORY OF NUJOMA | Nujoma is recognized for catalyzing the energy sector - nbc https://lnkd.in/djnTuJ_b

IN MEMORY OF NUJOMA | Namibia mourns Nujoma as State Funeral arrangements finalized - nbc https://lnkd.in/dNVkCjv8

SPECIAL BROADCAST IN HONOUR OF DR. SAM NUJOMA - 27 FEB, 2025 https://lnkd.in/d3NxfvuX

IN MEMORY OF NUJOMA | A moment of silence observed at Defence Headquarters - nbc https://lnkd.in/dxmc6syb