By: Nghiinomenwa-vali Erastus   Various industries such as oil and gas, as well as green hydrogen, planned for the //Karas Region, with many centred around the Lüderitz local authority, are poised to elevate Namibia’s diversification efforts. During his visit to the southern region, Bank of Namibia governor, Johannes !Gawaxab, acknowledged this significant potential. President […]

  By: Hertha Ekandjo   Namibia Breweries Limited (NBL) has revealed that, despite efforts to conserve water, they are only permitted to utilise 20% of it from their private aquifers due to restrictions imposed by the City of Windhoek and NamWater. Peter Simons, Managing Director of NBL, explained during the company’s Half-Year Financials Announcement in […]

  By: Dwight Links   The Institute of Public Policy Research’s director, Graham Hopwood has stressed the importance of transparency with regards to activities in Namibia’s extractive industry to generate more awareness about industry. Speaking during a webinar hosting representatives of the Extractive Industry Transparency Initiative (EITI) for English and Lusso-speaking countries, Hopwood highlighted recent […]

  By: Justicia Shipena   The Business and Intellectual Property Authority (BIPA) has announced an extension of its Annual Duty Penalty Waiver Programme for an additional three months, now ending on 30 June 2024. The initiative launched late last year offers a 100% waiver on penalties and additional fees payable by businesses between 2012 and […]

  By: Staff Writer   Ohlthaver & List (O&L) Group has announced the resignations of their Chief Executive Officer (CEO), Wessie van der Westhuizen, and Chief Culture Officer (CCO), Sonja Thieme, effective 30 April 2024. In an internal communication shared by Sven Thieme, the Executive Chairman of the O&L Group, it was disclosed that Wessie […]

  By: Nghiinomenwa-vali Erastus   O&L Leisure has announced the commencement of upgrades and renovations at their Midgard resort, in response to Namibia’s evolving status as a premier destination. The Group disclosed this development in a press release issued last week. As Namibia transitions into a sought-after destination, O&L Leisure is realigning its positioning and […]

By: Justicia Shipena   Namibia Chamber of Commerce and Industry (NCCI) has called on the business community, urging them to uphold professionalism and ethical standards when participating in public sector tenders. This appeal was made by NCCI President Bisey /Uirab during the Annual Budget Dialogue 2024, a collaborative event hosted by Standard Bank, NCCI, and […]

  By: Justicia Shipena   The pressing need for affordable housing in Namibia is creating both opportunities and challenges for the construction sector, according to economic researcher Halleluya Ndimulunde of Simonis Storm Securities. This comes in light of the City of Windhoek’s authorization of 192 construction plans in February 2024, marking a significant increase from […]

  By: Hertha Ekandjo   The Namibia Tourism Board (NTB) says there is a need for product development in Namibia, which must include adding value and packing traditional products ready for the international markets. NTB’s board member Maggy Mbako, who made the call, emphasised the importance of product development to expand opportunities within the tourism […]

  By: Justicia Shipena   The Namibia Chamber of Commerce and Industry (NCCI) has expressed its satisfaction of the 2024/25 national budget, presented in parliament last month. NCCI president Bisey /Uirab noted that the budget reflects a consideration of the concerns and proposals put forth by the business community. He particularly highlighted the tax policy […]