Category: Business

BoN disburses N.dollars 85.9 million in SME recovery loan scheme

The Bank of Namibia (BoN) has disbursed N.dollars 85.9 million worth of loans in the re-launch of the Small Medium Enterprise (SME) Economic recovery loan scheme.A statement issued on Friday by the bank’s director of communications and international re…

Around 600 young people to clear plot for sports facility

Close to 600 young people from the Kavango West Region have been recruited as casual workers to clear a 20-hectare plot at Nkurenkuru for the construction of a stadium and a multipurpose youth centre.Speaking to Nampa on Thursday, Regional Youth Office…

Stranded traders want demand indemnity and new market location

Close to 200 frustrated traders, victims of the Thursday May 11 massive demolition exercise at Marché de la Garè in New Bell Douala II sub-division say till present, authorities have said nothing about their highly expected indemnification.“The common …

It stated that the outstanding N.dollars 2 million.

The Central North Regional Electricity Distributor (Cenored) on Thursday promised to clear its debt of N.dollars 2 million owed to NamPower, saying the debt was inherited during the Cenored-Okahandja Municipality joint venture five years ago.NamPower t…

Cenored commits to clear debt inherited from joint venture

The Central North Regional Electricity Distributor (Cenored) on Thursday promised to clear its debt of N.dollars 2 million owed to NamPower, saying the debt was inherited during the Cenored-Okahandja Municipality joint venture five years ago.NamPower t…