During the past fiscal year, Meatco incurred a loss of N$118 million, with auditors from Grand Namibia saying the organisation has reached a point where it can only continue to.
One of Namibia's largest banks has allegedly indicated that it will withdraw its employees from its medical aid fund should a 10% increase in monthly contributions take effect.
The share price of Capricorn jumped by 85c per share today – the second surge since Friday.Capricorn ended at N$15.00 per share on the Local Index of the Namibian Stock Exchange.
The share price of Capricorn jumped by 85c per share today – the second surge since Friday.Capricorn ended at N$15.00 per share on the Local Index of the Namibian Stock Exchange.
<p>The Namibian Stock Exchange (NSX) had a mixed week, with the NSX Local index remaining unchanged at 603.6 while the NSX Overall Index rose by 0.33% to 1598.9. FirstRand Namibia maintained its position as the largest local company on the exchange, with a market capitalization of N$ 9.9 billion, followed by Capricorn Group at N$ .</p>