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Momentum Metropolitan Namibia has appointed Angus Mc Nab as its new Head of Distribution for Momentum Corporate.With a rich background spanning almost twenty years in sales...

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FirstRand Nam braces itself for lower earnings FirstRand Namibia expects its earnings for the six months ended 31 December 2020 to be between 5% and 10% lower than the same half-year in 2019. FirstRand Namibia, of which FNB Namibia is a subsidiary, expects lower earnings for the six months ended 31 December 2020. Photo Nampa/Reuters Jo-Maré Duddy – The plunge in interest rates to historic lows will hurt the earnings of FirstRand Namibia, the locally-listed group has warned. FirstRand Namibia, one of the heavyweights on the Local Index of the Namibian Stock Exchange (NSX), expects its earni...

‘Slow VAT refunds kill business’ Ninenty percent of respondents in an independent survey says the administrative efficiency of the Receiver of Revenue is bad. 92.4% of businesses are of the opinion that government does not understand what is required to grow the private sector. - EPRA Only 2% of respondents in an independent survey say they “usually” receive timeous refunds of value-added tax. Photo Annie Spratt on Unsplash Jo-Maré Duddy - Nearly half of businesses surveyed by the Economic Policy Research Association (EPRA) said their claims for value-added tax (VAT) are “never” ...

FirstRand Nam expects ‘significant’ drop in earnings - Business - Namibian Sun