The Brief Live Nam

Our Friday edition is out. Click https://lnkd.in/dxmkdQ4K to download your FREE copy. #namibia #BusinessNews #oilandgas #namibiabusinessnews. To email us on newsdesk@thebrief.com.na to subscribe and receive your FREE copy daily.

Windhoek’s approved building plans hit N$1.92 billion Windhoek approved 1,875 building plans valued at N$1.92 billion in the past 12 months, marking a 2.8% year-on-year (y/y) decrease, data from IJG Securities shows. However, this represents a 26.4% y/y increase in value compared to the previous year. In October, the City of Windhoek approved 217 building plans worth N$140.7 million, reflecting a 65.6% m/m, or an 86-unit increase in approvals compared to the 131 approvals in September. https://lnkd.in/d67vpPKi #namibia #windhoek #property #buildingplans City of Windhoek IJG

Namibian homebuyers to benefit from lower transfer duties The Namibian government's recent decision to increase the transfer duty threshold from N$600,000 to N$1.1 million is expected to stimulate buying activity in the property market. According to FNB's Market Research Manager for Treasury, Mandisa Van Wyk, the move is likely to encourage more homebuyers, especially first-time buyers, to purchase properties as they will now face lower costs associated with transfer duties. https://lnkd.in/dgw72aU4 #namibia #transferfees #homebuyers FNB Namibia Namibia Estate Agents Board (NEAB)

Namdeb appoints Justice Mukendwa as Southern Coastal Mine Operations Manager Namdeb Diamond Corporation has appointed Justice Mwazi Mukendwa as the Southern Coastal Mine Operations Manager, effective 1 December 2024. Mukendwa, who has been with Namdeb since 2012, has served as the acting Operations Manager for the Southern Coastal Mine since January 2024. https://lnkd.in/d26fNxXg #namibia #appointment #namdeb #diamonds Chamber of Mines Namibia

The road to global competitiveness for Namibian MSMEs By Hasekiel Johannes, Honors in Economics, MBA Namibia’s journey toward becoming an export-ready nation hinges on the success of its MSMEs, which form the backbone of the country’s economy. However, key challenges remain in product development, capacity, infrastructure, and meeting international standards. For MSMEs to successfully enter and sustain their position in the global market, these issues must be addressed systematically. https://lnkd.in/dCX5XmUj #namibia #MSMEs #economy #export Namibia Investment Promotion and Development Board (NIPDB)

What Happens After Your Home Loan is Approved?   A Q&A with @Morne Davids, FNB Namibia Home Loans Administration Manager In Episode 8 of The Property Buyers Guide, Justina Hamupembe, also known as YourHomeGirl, explores what happens after a home loan receives final credit approval. Joining her is Morne Davids, Home Loans Administration Manager at FNB Namibia, who explains the next steps, timelines, and the necessary documents required to proceed. https://lnkd.in/d7HRv8T2 #homeloan #housebuying #property #mortgage

Fuel prices to remain unchanged in December The Ministry of Mines and Energy Namibia (MME) has announced that fuel prices in Namibia will remain unchanged for December 2024. This decision applies to both petrol and diesel variants (50ppm and 10ppm). In Walvis Bay, petrol will continue to retail at N$20.25 per litre, while diesel 50ppm and 10ppm will remain at N$19.72 and N$19.82 per litre, respectively. https://lnkd.in/dC3hwswu #namibia #fuelprices #diesel #petrol

Toska Sem elected Vice-President of AFCAC Southern Region Namibia Civil Aviation Authority (NCAA) Executive Director, Toska Sem, has been elected as Vice-President for the Southern Region in the African Civil Aviation Commission AFCAC Bureau for a three-year term. The governing body is the second-highest decision-making entity within AFCAC, representing the interests of SADC Member States and the African continent as a whole. AFCAC, a specialized agency of the African Union, plays a crucial role in overseeing civil aviation across Africa. https://lnkd.in/dShREe_X #namibia #aviation #election #NCAA #africa

Our Thursday edition is out. Click https://lnkd.in/dfgdVUFq to download your FREE copy. #namibia #BusinessNews #oilandgas #namibiabusinessnews. To email us on newsdesk@thebrief.com.na to subscribe and receive your FREE copy daily.

Choppies fined for breaching competition law The Namibian Competition Commission (NaCC) has fined Choppies Supermarket Namibia Pty Ltd N$2.2 million for failing to notify the regulator of a merger involving Grootfontein Supermarket and Grootfontein Bottle Store. NaCC Corporate Communications Practitioner Dina-Tina Gowases-Pakote said Choppies violated Chapter 4 of the Competition Act, Act No. 2 of 2003. https://lnkd.in/dx3M5E6d #namibia #competition #supermarket #regulations