Submitted by Sun Reporter2 on Mon, 2013-02-25 08:44
After proving successful in Sweden over the past decade, an international organisation hopes its methods will prove equally productive in Namibia.
Submitted by Sun Reporter2 on Mon, 2013-02-25 08:43
JOHANNESBURG - NAMPA/SAPA
A French firm’s attempt to trademark Rooibos could have a “significant negative impact” on South Africa’s exports of Rooibos products to France, the country’s department of trade and industry (DTI) said on Thursday.
“The DTI stands ready to defend South Africa’s trade and intellectual property interests vigorously,” Minister Rob Davies said in a statement. “However, the issues in this particular matter will require an urgent assessment of the legal options to strengthen protection of the Rooibos name in South Africa.” Read more about FRENCH FIRM IN BID TO TRADEMARK ROOIBOS
Submitted by Sun Reporter2 on Mon, 2013-02-25 08:42
A US delegation of politicians and business leaders on a visit to South Africa, spoke positively about the western democracy’s investment plans in Africa.
American businesses with operations in South Africa remain “very bullish” about the country and Africa as a whole, despite concerns regarding skills‚ competitiveness and the regulatory environment‚ US Senator Christopher Coons said last week.
Speaking at the launch of the US-SA Business Council‚ Coons said the challenges were not “insurmountable” and that they could be addressed. Read more about US businesses bullish towards SA
Submitted by Sun Reporter2 on Fri, 2013-02-22 08:26
A long-term deal signed, between the Canadian owners of NCS and six international lenders, has cleared the way for the company’s development plans.
Dundee Precious Metals (DPM), the Toronto-based gold mining company and owner of Namibia Custom Smelters (NCS), this week announced it had secured a US$150 million (N$1,3 billion) long-term revolving credit deal with an international syndicate of commercial banks.
Revolving credit differs from instalment credit in that it does not have a fixed number of payments and is typically used by corporate companies to provide liquidity for day-to-day operations. Read more about Tsumeb smelter secures N$1,3 billion revolving credit
Submitted by Sun Reporter2 on Fri, 2013-02-22 08:24
Submitted by Sun Reporter2 on Fri, 2013-02-22 08:23
FNB Namibia on Wednesday sponsored the Namibia Tourism Board (NTB) with half a million Namibian dollars, in support of the international Adventure Travel World Summit scheduled to take place in the country in October.
The N$500 000 amount, the bank said, will be directed mainly towards funding a number of pre-summit adventures arranged by the NTB Secretariat, to allow delegates to the event to “experience Nambia first-hand”.
“The unique experiences that are available across this country are part of what gives Namibia a competitive advantage. Read more about ENABLED
Submitted by Sun Reporter2 on Fri, 2013-02-22 08:21
WINDHOEK - STAFF REPORTER
The MTC executive has again been recognised by the international human resources fraternity, following a similar award last year.
Namibian cellphone giant MTC’s Chief Human Capital and Corporate Affairs Officer, Tim Ekandjo, has gained international acclaim at the 21st edition of the World Human Resources Development Congress (WHRDC), held in Mumbai, India this past weekend.
Ekandjo was awarded the ‘HR Leadership Award’ in recognition for his efforts in promoting the human resources profession. The award is bestowed by the Global Advisory Council, which governs the annual congress. Read more about Ekandjo scoops yet another international award
Submitted by Sun Reporter2 on Thu, 2013-02-21 08:43
WINDHOEK - STAFF REPORTER
Submitted by Sun Reporter2 on Thu, 2013-02-21 08:41
The central bank yesterday announced it would keep the country’s repo rate unchanged for the next two months, to support local growth prospects and help mitigate financial slumps in the country’s trade partners.
The Bank of Namibia (BoN) has confirmed the country’s repo rate will remain unchanged at the current level of 5,5%, where it has been since August last year. Read more about Repo rate stays intact
Submitted by Sun Reporter2 on Thu, 2013-02-21 08:30
Nigeria’s oil minister this week appealed to foreign governments to help crack down on crude oil theft, an illicit industry he said robs Africa’s biggest oil producer of billions every year.
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