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Namibian Businessman's Wealth Claims Spark Transparency Debate
Prominent Namibian businessman Cedric Willemse's declaration of pre-existing wealth during court proceedings sparks debate on business transparency and asset verification in the country's financial sector.
Namibian Business Figure Claims Pre-Existing Wealth Amid Scrutiny
Prominent Namibian businessman Cedric Willemse declares significant pre-existing wealth during court proceedings, sparking discussions about business transparency and asset verification in Namibia's evolving economy.
Lion One Metals Expands Private Placement to $20M for Gold Project
Lion One Metals expands its private placement offering to $20 million, demonstrating strong investor confidence in its Tuvatu Gold Project. The increased funding will accelerate development and strengthen financial position.
Namibia Boosts Green Energy Sector with Major Sulphuric Acid Investment
Namibia strengthens its green energy sector with major investments in sulphuric acid production, as Green Metals Refining and Vedanta announce significant facility developments to support critical mineral output.
Namibia Launches Regional Business Initiative to Boost //Kharas Economy
Namibian ministries launch comprehensive business support initiative in //Kharas region, focusing on SME development, infrastructure enhancement, and regional economic integration.
Namibia Advances Financial Inclusion to Bridge Economic Divide
Namibia launches comprehensive financial inclusion initiatives to address historical inequalities, including a major youth entrepreneurship fund, as part of broader economic reforms discussed at the AFI Global Policy Forum.
Erongo Region Unveils N$487M Development Plan for Infrastructure Growth
Erongo Regional Council launches comprehensive N$487.7-million development plan focusing on water, sanitation, and housing infrastructure, targeting significant improvements in public service delivery by 2030.
Namibia Launches $28M Youth Entrepreneurship Fund to Boost Economy
Namibia launches a transformative $28M youth entrepreneurship fund offering collateral-free loans and comprehensive support to create 4,000 jobs and support 350 youth businesses.
India's Services Sector Hits 15-Year High, Signals Economic Strength
India's services sector achieves unprecedented growth with PMI hitting 62.9 in August, marking a 15-year high amid robust demand and increased international sales.
Bontempo Brings Luxury Brazilian Design to Jady Miranda Development
Bontempo, Brazil's leading luxury furniture brand, brings its signature design excellence to the prestigious Jady Miranda oceanfront development in João Pessoa. This collaboration highlights both Brazilian design's growing international influence and the Northeast region's booming luxury real estate market.
CDH Namibia Transforms into Kauta Barendse & Kishi Under New Leadership
CDH Namibia undergoes major transformation with new leadership team and rebranding to Kauta Barendse & Kishi Inc, strengthening its position in Namibia's legal sector while expanding regional capabilities.
Kessner Capital Launches Private Credit Fund to Boost African Investment
Kessner Capital Management launches groundbreaking private credit fund to address Africa's $331 billion SME financing gap. Led by veteran financiers Bruno-Maurice Monny and Benny Osei, the fund aims to transform investment across the continent while delivering both returns and impact.
João Pessoa: Brazil's New Elite Paradise Attracts Neymar & Celebrities
Brazil's elite, including Neymar Jr. and music icon Walkyria Santos, are flocking to João Pessoa, transforming this coastal paradise into the country's new luxury haven. With oceanfront penthouses and exclusive gated communities, the city offers privacy and sophistication at competitive prices compared to traditional luxury markets.
Namibia's Strategic Plan to Triple Population for Economic Growth
Namibia unveils strategic initiative to grow population from 3 to 10 million through targeted immigration, aiming to boost economic development and market attractiveness while maintaining stability.
Namibia's Bold Vision: Strategic Immigration Plan to Triple Population
Namibia unveils ambitious plan to strategically grow its population from 3 to 10 million through targeted immigration, aiming to boost economic potential and market attractiveness for global investors.
Namibia's Energy Hub Ambitions Hit Setback as Luderitz Port Project Halts
Namibian Ports Authority unexpectedly cancels crucial Luderitz oil and gas supply base tender, potentially impacting the country's ambitious energy hub development plans and 2030 oil production goals.
British Miner Kavango Accelerates Zimbabwe Gold Projects for High Returns
British mining firm Kavango Resources advances its Zimbabwe gold projects with a strategic focus on rapid development and high returns, backed by a planned $13.5M fundraising through VFEX listing.
British Mining Firm Kavango Plans $13.5M Gold Production Push in Zimbabwe
British mining firm Kavango Resources announces $13.5M fundraising plan for Zimbabwe gold projects, targeting rapid production timeline with 18-month payback period through VFEX listing.
World Bank Report Reveals Critical Gaps in Namibia's Procurement System
World Bank assessment reveals critical gaps in Namibia's procurement system, highlighting urgent needs for digital transformation, capacity building, and institutional reforms to meet international standards.
Namibia Maintains Interest Rates to Support Economic Stability
Bank of Namibia maintains interest rates steady for third consecutive meeting, balancing currency peg protection with economic growth support amid revised inflation and GDP forecasts.
Mumbai Police Uncover Major Investment Fraud by Illegal Trading Platform
Mumbai police investigate 'Close Friends Traders' for operating an illegal trading platform that allegedly defrauded over 500 investors through unauthorized margin trading schemes.
PayPal Setback: Namibia's Digital Payment Integration Hits Roadblock
Bank of Namibia reveals setbacks in securing PayPal's full services despite ongoing negotiations, highlighting challenges in expanding digital payment infrastructure in the country.
PayPal Integration Setback: Namibia's Digital Payment Ambitions Face Hurdles
Bank of Namibia reveals challenges in securing PayPal's full services despite ongoing negotiations, highlighting broader issues in digital payment integration and financial inclusion efforts.
PayPal Setback: Namibia's Digital Payment Integration Faces Hurdles
Bank of Namibia reveals setbacks in bringing PayPal's full services to the country, despite ongoing efforts to integrate global digital payment solutions and modernize financial infrastructure.
VeldBridge Holdings Makes Strategic $281M Bid for Trustco Namibia
VeldBridge Holdings makes landmark $281M bid for Trustco Namibia, promising USD 250M in fresh financing and plans for NYSE/NASDAQ listing, marking major shift in African financial markets.
KPI Green Energy Secures Major Solar Project from Aditya Birla Renewables
KPI Green Energy's subsidiary secures major contract for 96 MWp solar plant development in Gujarat, showcasing strong financial performance and strategic growth in India's renewable energy sector.
Dubai's Shamal Holding Unveils Ultra-Luxury Naia Island Development
Shamal Holding unveils Naia Island Dubai, featuring the region's first Cheval Blanc maison and setting new standards for ultra-luxury living with exclusive beachfront residences and world-class amenities.
VIP Clothing Reports 8.2% Q1 Profit Drop, Expands Digital Presence
VIP Clothing reports Q1 FY26 net profit decline of 8.2% to Rs 2.22 crore while announcing strategic partnership with Blinkit for quick-commerce expansion across major Indian markets.
British Miner Kavango Plans $13.5M VFEX Listing for Zimbabwe Gold Push
British miner Kavango Resources announces $13.5M secondary listing on Zimbabwe's VFEX, following major gold discovery. Employee share scheme planned to boost local participation.
Major Indian Companies Set to Release Q1 FY2026 Financial Results
824 major Indian companies, including Bharti Airtel, BHEL, and Adani Ports, prepare to release their Q1 FY2026 financial results, offering crucial insights into India's economic performance.
Namra Extends Tax Deadline as Revenue Collection Hits N$19.9 Billion
Namibia Revenue Agency extends tax return deadline to October 31, 2025, while reporting strong Q1 performance with N$19.9 billion in net revenue collection, marking significant progress in fiscal management.
Namibia Revenue Agency Extends Tax Return Deadline to October 31
Namibia Revenue Agency extends tax return deadline to October 31, 2025, while reporting strong Q1 performance with N$19.9 billion in net revenue collection, marking 22.4% progress toward annual target.
NWR Reviews Contract with Enercon Amid Fuel Scandal Investigation
Namibia Wildlife Resorts launches legal review of Enercon contract amid allegations of smuggled fuel supply and broader corruption investigation in the national petroleum sector.
Namibia Implements Strategic Crop Import Ban to Boost Local Agriculture
Namibia's Agronomic Board implements strategic one-month import ban on seven key agricultural products, balancing protection of local farmers with market demands while maintaining flexible import policies for other crops.
Keith Beekmeyer's Kenya Victory: A Warning for African Markets
British entrepreneur Keith Beekmeyer's legal victory in Kenya over Xplico Insurance reveals deep-seated challenges in African markets. His case highlights the gap between pro-business rhetoric and institutional reality, serving as a wake-up call for emerging market investors.
Namibia's Emerging Oil Industry: Balancing Economic Potential with Sustainable Development
Namibia's oil exploration journey reveals a more nuanced reality than initial projections suggested. While facing geological challenges, the country maintains potential for significant production by the mid-2030s, balancing economic opportunities with practical limitations.