Budget tabled, but still no sign of the detailed numbers

The Namibian budget was tabled on the 25th of February, but now, four days later, the estimates of revenue and expenditure, which are in effect the budget, are still not available to the public, and it appears, still not available to parliamentarians either. As such, the budget was tabled with… Continue reading

GCR affirms Oryx Properties Limited’s rating of BBB+(NA); Outlook Stable.

SUMMARY RATING RATIONALE Global Credit Ratings has accorded the above credit rating(s) to Oryx Properties Limited (“Oryx”) based on the following key criteria: Oryx is a leading player in the Namibian property sector. The fund’s local knowledge remains its core competitive advantage, and growth has been strongly supported by domestic… Continue reading