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Bidvest Namibia share-offer oversubscribedBidvest Namibia, the commercial services and fishing business, announced late last week that its public offer of 50 719 000 ordinary shares had been oversubscribed. Applications for 54 809 716 shares came in from 676 applicants. 26 Oct 2009 06:34 Deadline looms for Bidvest Namibia share offerThe offer to the Namibian public of 50,7 million shares closes today, Thursday 15 October 2009 at 12pm ahead of the scheduled listing of Bidvest Namibia on the Namibian Stock Exchange on 26 October. The listing is expected to raise N$313.6 million, earmarked for further investment and expansion of local opportunities. 15 Oct 2009 08:51 Interest builds ahead of Bidvest Namibia's listingInterest is building up in the planned stock exchange listing of Bidvest Namibia ahead of distribution to prospective investors of the listings prospectus. Sebby Kankondi, Windhoek-based CEO of Bidvest Namibia, reports that interest has been huge and staff have fielded constant enquiries since listing preparations were advertised in local media. 1 Oct 2009 11:08 Small town, BIG grantThere are no roads, no major industry and no historical landmarks in Otjivero, a village about 150km east of Windhoek, the Namibian capital and previously known for little more than its poverty. But in January 2008 it became part of one of the world's first basic income grant (BIG) projects, and now stands the chance of setting an international precedent in the fight against poverty. 5 Nov 2008 11:12 Jet Community Awards 2008 call for entryThe Jet Community Awards, southern Africa's popular grassroots community awards programme, is open for entries once again to those extraordinary organisations and individuals who dedicate their time and energy to the upliftment of their local communities. Now in its sixth year, there's R1 million in prize money on offer and entries are being accepted from South Africa, Botswana, Namibia, Lesotho and Swaziland. 10 Apr 2008 14:40 Chirundu becomes one-stop border postZambia and Zimbabwe have signed a bilateral agreement that will see the transformation of Chirundu into a one-stop border post - and that will reduce transit times for imports and exports through border. 12 Sep 2007 14:24 Zimbabwe: Promise of full shop shelves met with scepticismPredictions by Zimbabwe's Reserve Bank Governor, Gideon Gono, that empty supermarket shelves will soon be packed with goods are being received somewhat sceptically by Zimbabweans. 4 Oct 2007 07:17 Strategic sectors in NamibiaAgriculture is one of Namibia's prime sectors and is currently among the biggest employers in the country creating an estimated 35,000 direct jobs and 150,000 indirect jobs to families who depend on the workforce. 20 Sep 2007 12:56 Zimbabwe levies duty in forex for underwearStruggling to boost its foreign currency reserves, a cash-strapped Zimbabwe government this week began charging duty in forex for imported footwear and clothing items, including underwear, we can reveal. A Zimbabwean opposition MP described the latest move as “absolutely barmy.” 13 Sep 2007 14:16 No Christmas cheer in Zimbabwe this yearThe recent government order to Zimbabwean retailers to slash prices has had another unintended side-effect – banks rolling in cash and no one to spend it. 10 Sep 2007 15:03 SA retailers rough it out in Zim[Desmond Walters] It is business as usual for South African retailers in Zimbabwe who are keeping a positive spirit despite the economic meltdown and political uncertainty in the country. Large South African retailers, including Massmart, Edgars, OK and Pick ‘n Pay have business interests in Zimbabwe, and indicated they are not about to jump ship despite the recent spate of arrests of business executives accused of not complying with government orders to cut down prices. 25 Jul 2007 09:26 Kenya retail supermarket among the best[Carole Kimutai] Only one African retailer other than those out of South Africa has achieved a world ranking - and that retailer is in Kenya. 20 Jun 2007 11:47 A new flavour to Namibia's milk
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Sipahh®, the milk flavouring straw, has launched into Namibia, which is the beginning of its expansion into Africa. In partnership with the Namibian Dairies, Sipahh is now distributed across all retail and convenience stores nationwide. 
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