Friday, May 22nd

Last updateFri, 22 May 2015 10am

You are here: Home Special Focus New car sales improve drastically
Prudential
Enjoy your drink but please Stay Cool

Enjoy your drink but please Stay Cool

Namibia Breweries Limited tackles the South starting next week Monday when it takes its DrinkIQ training programme to Ka...

Electricity hikes to finance Kudu?

Thorn in the flesh of Nampower, advocacy group Consumer 4 Electricity has projected that electricity prices are subject ...

Forced removals in Windhoek

Forced removals in Windhoek

The City of Windhoek announced this week it is turning to the courts for eviction orders to remove informal settlement f...

2013/14 challenging and important year

2013/14 challenging and important year

Launching the latest Southern African Customs Union Annual Report, its Executive Director, Paulina Elago remarked that t...

Weatherly resumes trading on AIM

Shares in Weatherly International began trading on AIM again on Monday this week after a three-month suspension. AIM is ...

NAMA glamour and glitz

NAMA glamour and glitz

The Namibian Music Awards once again returned to the coastal town of Swakopmund, with approximately 5000 Namibians flock...

New car sales improve drastically

New car sales in the Southern African Customs Union (SACU) during October was at 36 826 units, according to the National Association of Automobile Manufacturers in South Africa (NAAMSA).
This shows an improvement of 6076 new cars or an increase of 19.8% compared to the 30,750 new cars sold during October 2010.
According to NAAMSA the continued strength of the new car market in October, was due to a number of factors including improvement in the financial position of consumers on the back of relatively low interest rates, improvement of vehicle affordability in real terms and the positive influence of aggressive marketing and sales incentive programmes during the month.
In addition, consumers would have been encouraged to bring forward planned purchases in light of expectations of future price increases as a result of recent Rand depreciation.
Sales of industry new light commercial vehicles, bakkies and minibuses had recorded a creditable performance and at 12 994 units for October, reflected an increase of 1 754 units or a gain of 15.6% compared to the 11 240 units sold in the corresponding month last year. For the first 10 months of 2011, new light commercial vehicle sales were ahead by 11.4% compared to the corresponding period last year.
Sales of vehicles in the medium and heavy truck segments of the industry at 829 units and 1 689 units, respectively, had recorded an increase of 199 units or 31.6%, in the case of medium commercial vehicles, and a gain of 280 units or 19.9%, in the case of heavy trucks and buses, compared to the corresponding month last year. Total year to date sales of medium, heavy commercials and buses remained 24.4% ahead of the corresponding ten months of last year.

Articles In This Category
Special Focus
The staff of CTM’s Ongwediva branch had reason to celebrate. The tile and bathroom retailer is having a massive sale this month on its combo toilet...
Special Focus
Meatco has consistently received top honours at the annual PMR awards, a perception-based awards ceremony where industry leaders, determined by peer...
Special Focus
WesBank and the Spes Bona Motor Company this week announced the first interim winners of the WesBank and Fiat competition. Corne’ Bergh and Arlien...
Special Focus
“We are amongst the first countries outside of Thailand, where the vehicle is manufactured, to bring the all new Chevrolet Trailblazer to market....
Special Focus
Digging in to prevent the festive season carnage on Namibian roads, the MVA Fund this week announced it is approaching this festive season’s Road...
Special Focus
The Port Management Association of Eastern and Southern Africa (PMAESA) in conjunction with the Namibian Ports Authority (Namport) will host the 37th...
Special Focus
Swakopmund – Vivo Energy Namibia, the downstream company that distributes and markets Shell branded fuels and lubricants, last week launched an...
Special Focus
“How does one feel about getting an award like that? Obviously you feel accomplished, you feel glad. It was a surprise. There are other colleagues...
Special Focus
The Pupkewitz Motor Division, comprising Toyota, Nissan, GWM and Honda are partnering with WesBank for a great financial deal over a limited period....
Special Focus
A sales executive with Zimmermann Garage, Johan de Klerk was recently honoured as the Best Salesman for Volkswagen in the 2011 Golden Circle...
Related Articles
Sport
The Luderitz Speed Challenge, currently underway on a new channel to break the world sail record of 103km/h (55.65 kts) has seen some impressive...
Community and Culture
Farmers armed with rockets and rainmaker aircraft, a suicidal groom in the desert, German South West Africa holds its breath at the investigation...
New fraud surfaces (2239 hits)
Markets
First National Bank (FNB) has issued a warning about a new fraud that seems to be doing the rounds in Namibia. Ingrid Veueza Katjiukua, forensic...
Markets
Momentum Asset Management Namibia and Momentum Investments have formally launched a newly refreshed brand. Speaking at the launch of the new brand ,...
Community and Culture
A new local talent reality show wants to find and promote Namibia’s best performers and entertainers across a range of disciplines. The show...
Latest Articles
Headlines
The Economist Businesswomen Projects officially launched the Namibian Businesswoman of the Year Award 2015 this week announcing that nominations are...
Headlines
Since the announcement that energy company, Xaris won the tender for the construction of a 250mW power plant in the Erongo Region, Nampower and in...
Editors Desk
The Chamber of Mines 2015 Mining Expo and Conference took place this week at the Safari Hotel conference centre in Windhoek. The expo attracted just...
Weather
What Happened The synoptic map was dominated this week by an array of high pressure cells covering the southern Indian Ocean, the ocean south of...
Mining & Energy
The Xaris power plant which is curently in the planning phase will meet its June 2016 deadline according to Xaris Managing Director Hennis Steyn who...

Workshop held to tackle Cybercrime

Friday, 22 May 2015

The American Embassy in Windhoek together with stakeholders from Southern Africa and Namibian law enforcers this week he...

Readmore

Army undergoes Explosive Ordnance Disposal training

Friday, 22 May 2015

The Namibian Defence Force (NDF) is conducting an Explosive Ordnance Disposal (EOD) level-one training program led by th...

Readmore

Drone regulation setting advanced

Drone regulation setting advanced

Friday, 22 May 2015

Aviation fanatics will be pleased to note that the Directorate of Civil Aviation is preparing regulations that will guid...

Readmore

Brazzaville to host 47th GM of African Airlines Association

Brazzaville to host 47th GM of African Airlines Association

Monday, 18 May 2015

The 47th General Meeting of African Airlines Association (AFRAA) will be held in Brazzaville from 8 to 10 November.
The 2...

Readmore

2014 extremely tough for Rössing

Friday, 22 May 2015

2014 was a year Rössing Uranium Managing Director, Werner Duvenhage and his executive management team would like to forg...

Readmore

Agra christens Lafrenz site

Agra christens Lafrenz site

Friday, 22 May 2015

This week, an exuberant Agra management received its new Lafrenz site from Namibia Construction, one year and nine month...

Readmore

Mining expo now the most important platform for an industry snapshot

Friday, 22 May 2015

The Chamber of Mines 2015 Mining Expo and Conference took place this week at the Safari Hotel conference centre in Windh...

Readmore

Let poaching carry the death penalty. De facto it already does

Monday, 18 May 2015

There are only two elements of importance when a rational approach to the rhino horn dilemma is required and these are b...

Readmore

Creative thinking – Part 2

Friday, 22 May 2015

Improving creative thinking capabilities:
The “skill” of creativity in an organizational setting has been researched exte...

Readmore

Offbeat 22 May 2015

Offbeat 22 May 2015

Friday, 22 May 2015

I love the magic in my life, half-glimpsed ideas and mysteries that allow me to tease away the layers and arrive at my o...

Readmore

Ministry of Agriculture donates Firefighting Equipment

Ministry of Agriculture donates Firefighting Equipment

Friday, 22 May 2015

The Ministry Of Agriculture, Water and Forestry with the support from the German Embassy donated Firefighting equipment ...

Readmore

African-Americans resettle in Africa

African-Americans resettle in Africa

Monday, 18 May 2015

Currently, there are around 200 million people in the Americas identifying themselves as of African descent, according t...

Readmore

Women must stop this ‘PHD syndrome’

Women must stop this ‘PHD syndrome’

Friday, 22 May 2015

It has always been the perception that women do not get along with women, that it is difficult to work with women, and t...

Readmore

A place called Home

A place called Home

Monday, 18 May 2015

Katutura or Tura as it is known by the residents, is one of the largest locations in Namibia but for some reason, its li...

Readmore

Amateur artists to showcase

Friday, 22 May 2015

Bank Windhoek in partnership with the National Art Gallery Of Namibia launched the 30x30 Art Competition on Thursday.

Readmore

Street musicians not allowed to perform in public places

Street musicians not allowed to perform in public places

Friday, 22 May 2015

The Windhoek City Police last week prohibited street musicians from performing in public places such as Independence Ave...

Readmore

PTA Tennis Series resumes this weekend

Friday, 22 May 2015

Namibia’s PTA Tennis Series resumes this coming weekend. The two-day tournament, which is the only event in Namibia were...

Readmore

Karatekas shine at SA championships

Karatekas shine at SA championships

Friday, 22 May 2015

The Namibian team produced a sterling show at the Africa Goju Ryu Karate Federation Championships (AGKF) held in Stellen...

Readmore

Weather 22 May 2015

Weather 22 May 2015

Friday, 22 May 2015

What Happened
The synoptic map was dominated this week by an array of high pressure cells covering the southern Indian Oc...

Readmore

Weather 15 may 2015

Weather 15 may 2015

Monday, 18 May 2015

What Happened
As the South Atlantic high pressure cell slipped around the continent’s southern coastline towards the east...

Readmore

Biodiversity conservation project launched

Friday, 22 May 2015

The Ministry of Environment and Tourism together with the German Agency for International Cooperation (GIZ) on Wednesday...

Readmore

Nedbank Go Green Fund mag launched

Nedbank Go Green Fund mag launched

Friday, 22 May 2015

This week Nedbank Namibia launched the Go Green Fund Special Edition Conservation Magazine at the Namibia Nature Foundat...

Readmore

Foot and Mouth disease detected in Ohangwena and Oshikoto

Friday, 22 May 2015

Cases of Foot and Mouth disease have been detected at Ondama Yomunghete Crushpen, Okalupalona and Onehanga crush pens in...

Readmore

Better Brahman genetics

Better Brahman genetics

Friday, 22 May 2015

The FNB Namibia Agri Division and the Namibian Brahman Breeders Society recently signed an agreement for 3 years which f...

Readmore

Educating student journalists

Educating student journalists

Friday, 22 May 2015

A Finnish university institution, The Centre for International Mobility, in conjunction with the Finnish Embassy in Wind...

Readmore

Business through education

Business through education

Monday, 18 May 2015

Marietjie Katthage a retired teacher and education consultant, decided to start her own business after retirement becaus...

Readmore

Hospitality looks at occupational health

Friday, 22 May 2015

The HAN AGM takes place in the afternoon of Saturday 30 May and will focus on HAN’s plans forward for 2015/2017. It will...

Readmore

NWR encouraged to become profitable

Thursday, 30 April 2015

The Minister of Environment and Tourism, Honourable Pohamba Shifeta in a workshop held in Swakopmund on 19 April encoura...

Readmore

Growth in patient numbers drives profit

Friday, 22 May 2015

On the back of a successful capital raising exercise, the impact of positive currency movements, the commissioning of Me...

Readmore

Bank ranks wellness high

Bank ranks wellness high

Friday, 22 May 2015

Ever since local commercial bank, FNB Namibia started its in-house Wellness programme, its popularity has exceeded all e...

Readmore

Xaris to meet deadline

Friday, 22 May 2015

The Xaris power plant which is curently in the planning phase will meet its June 2016 deadline according to Xaris Managi...

Readmore

Rössing keen on Namwater option

Friday, 22 May 2015

Despite announcing the completion of a feasibility study of a planned desalination plant north of Swakopmund, Rössing Ur...

Readmore

Ackermans saves energy

Friday, 22 May 2015

Value retail giant Ackermans received an accolade for its ground breaking energy-saving project, SWATT, at this year’s A...

Readmore

Salute Trading’s original coating for Africa

Salute Trading’s original coating for Africa

Monday, 18 May 2015

Namibian household and industrial cleaning material manufacturing company Salute Trading this week announced a latest ad...

Readmore

Shilongo to chair ODC

Shilongo to chair ODC

Friday, 22 May 2015

The Ohlthaver & List (O&L) Group announced and congratulated its Group Director: Corporate Relations, Gideon Shi...

Readmore

Incubation for four Mondesa SMEs

Incubation for four Mondesa SMEs

Monday, 18 May 2015

Four budding entrepreneurs in Swakopmund received excellent news this week when Swakop Uranium announced it will fund th...

Readmore

No Images