Dolly Menas Paratus Group has announced the completion of the fastest fibre express route from Johannesburg to Europe, marking a significant step forward in bolstering connectivity between Africa and Europe. Spanning 1,890 kilometres and linking Johannesburg, Botswana, and Swakopmund, this achievement solidifies Paratus as a trailblazer in narrowing the digital gap between the two […]
By: Dolly Menas Minister of Industrialisation and Trade Lucia Iipumbu has urged the private sector to develop funding mechanisms, especially tailored for Small and Medium Enterprises (SMEs), addressing the challenges they face in accessing finance. Responding to parliamentarian Maximalliant Katjimune’s motion to investigate obstacles surrounding SME financing in Namibia, Iipumbu emphasised the need […]
By: Dolly Menas First National Bank of Namibia (FNB) has earned the prestigious title of Best Bank in Namibia for the year 2024, as bestowed by Global Finance magazine. The announcement came during the 31st annual Best Banks awards ceremony, marking a significant achievement for Namibia’s largest commercial bank. The founder and editorial […]
By: Dolly Menas Namibia has achieved unprecedented levels of food self-sufficiency, marking a significant milestone in its agricultural sector, according to the UN World Food Programme (WFP). The achievement, highlighted by a 45% self-sufficiency rate, represents the culmination of sustained efforts from smallholder and large-scale farmers, along with crucial support from the WFP […]
By: Dolly Menas The commencement of construction for the green iron HyIron Oshivela factory is scheduled for mid-April, following comprehensive geophysical studies and environmental impact assessments. Initial deliveries of building materials and equipment are already underway, marking Namibia’s strategic move towards establishing itself as a leader in sustainable manufacturing. Situated between Arandis and […]
By: Dolly Menas In a move aimed at revolutionising connectivity for international travellers, the Mobile Telecommunications (MTC) officially launched its Electronic Subscriber Identity Module (eSIM) solution. This cutting-edge service represents a significant leap forward, offering unparalleled convenience and flexibility to customers venturing abroad. An eSIM functions as a digital SIM, enabling users to […]
By: Dolly Menas In a proactive move to drive socio-economic progress through education, the Capricorn Foundation has earmarked close to N$1.8 million for various education and training programs over the past three months. The Foundation firmly believes that investing in education creates a ripple effect that fosters a nation’s overall economic prosperity. Marlize […]
By: Dolly Menas Lawmaker Maximalliant Katjimune has called upon parliament to launch an investigation into the obstacles surrounding Small and Medium Enterprise (SME) financing in Namibia. Katjimune contends that such an inquiry is essential to enhance access to funding and unlock the economic potential of the sector. SMEs constitute a crucial component of […]
By: Dolly Menas Minister of Education, Arts, and Culture, Anna Nghipondoka, has launched an investigation into the procurement process of the alleged overpriced furniture for the Himarwa Ithete Secondary School in the Kavango West region. The decision follows public outcry over the perceived exorbitant prices paid for mattresses, beds, and chairs for the […]
By: Dolly Menas As Namibia gears up for the upcoming general elections scheduled for November, experts are advocating for prudent government spending, particularly in critical sectors like education and healthcare. Speaking at a pre-budget public discussion on Tuesday, Salomo Hei, Managing Director of High Economic Intelligence (HEI), highlighted the expectation of increased government […]