FNB Namibia Trading Statement

TRADING STATEMENT IN RESPECT OF THE YEAR ENDED 30 JUNE 2015 In compliance with the Namibian Stock Exchange Listing Requirements, FNB Namibia Holdings Limited shareholders are advised that the group’s earnings for the year ended 30 June 2015 are expected to be materially higher than the comparative period by between… Continue reading

Bidvest Namibia acquires entire stake in Novel Motors for N$231.8 million

  Shareholders are advised that Bidvest Namibia has, through wholly owned subsidiaries, acquired the entire issued share capital of International Capital Investments (Pty) Ltd, trading as Novel Motor Company (“Novel Motors”) and Lenkow (Pty) Ltd (which owns the Windhoek showroom and service centre premises from where Novel Motors operates) (“the… Continue reading

Namibia Breweries Deal Dynamics

Namibia Breweries is set to acquire a 25% stake in the Sedibeng Brewery and further its stake in DHN Drinks by 9.5% after Heineken, Diageo plc and The Ohlthaver& List (O&L) Group of Companies, the controlling shareholder of Namibia Breweries Limited (NBS) decided to restructure their respective joint venture operations… Continue reading