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Namibia Upbeat About Impending Energy Investment Decision
By: Justicia Shipena Petroleum Commissioner Maggy Shino is confident about the forthcoming final investment decisions regarding recent discoveries made by major players such as Total Energies, Shell, Galp, and the existing Kudu Gas field operated by BW Energies. Shino shared this optimism during the International Association of Drilling Contractors (IADC) Conference in Windhoek, […]
Brighter Outlook for Namibia’s Tourism Sector in 2024…Over 500k Visitors in 2023
By: Staff Writer The tourism sector is poised to be a standout performer in Namibia’s economy in 2024, according to analysts. This optimistic outlook is bolstered by key events like the Africa Hospitality Investment Forum (AHIF) and the upcoming AviaDev Africa event. Scheduled for June in Windhoek, the AviaDev Africa event has already […]
Business Community Commits to Upholding Geingob’s Vision of Inclusivity
By: Justicia Shipena The business community has pledged to uphold the late President Hage Geingob’s values and vision, particularly that of ‘No One Being Left Behind.’ During a memorial service held at his residence, Casa Rosalia, business community leaders honoured Geingob on Tuesday. Conrad Dempsey, President of the Bankers Association of Namibia (BAN), […]
Bank Windhoek Appoints Ngula as Head of e-Money
By: Staff Writer Bank Windhoek has announced the appointment of Candy Ngula as its new Head of Electronic Money (e-Money). In her new role, Ngula will lead the charge in driving the value of e-Money while overseeing its growth and optimization across the bank’s Retail Banking Services. The appointment was officially announced on […]
Opinion: 5G and Renewable Energy in Namibia
By: Emilia Nghikembua Poised at the forefront of renewable energy adoption, Namibia is on the cusp of an energy revolution, significantly propelled by the integration of Fifth Generation (5G) connectivity. This advanced technology promises to enhance the efficiency, reliability, and scope of renewable energy sources, from solar and wind power to emerging green […]
Opinion: Alcohol Consumption and its Detrimental Effects on Society
By: Ndahafa Happy Juju They say one glass won’t hurt. However, many will agree that too many glasses can lead to actions that hurt the individual and have a detrimental effect on those around them. In a recent press release, CEO of the Motor Vehicle Accident (MVA) Fund Rosalia Martins–Hausiku has called upon […]
Shift to Year-Round Backyard Gardens Crucial for Food Security
By: Juliana Iikela Over the years, Namibia has been facing a household food crisis exacerbated by climate change-induced droughts and floods affecting various crop-producing regions. Part of this problem has been attributed to the heavy reliance of Namibian crop farmers on rainfall which renders them vulnerable to the erratic weather patterns. Consequently, this […]
OPINION: What Does an Unchanged Repo Rate Mean?
By: Amos Kambonde Recently, consumers received positive news with the announcement of an unchanged repo rate alongside an unchanged in fuel prices across Namibia. While these developments may seem distant from the average person’s daily concerns, they hold significant implications. Let’s delve into what these announcements mean for the purse. Repo Rate Stability: […]
Nearly a Billion Spent on Vegetable Oil Imports…farmers Encouraged to Invest in Local Production
By: Nghiinomenwa-vali Erastus Namibia faces a significant shortfall in domestic vegetable oil production, leading to heavy reliance on imports to meet its domestic demand. According to data from a Market Intelligence analysis conducted by the Namibia Agronomic Board, imports of vegetable oils amounted to N$874.9 million in 2022, covering a total of […]
OPINION: Empowering the Next Generation in Finance
Sanja van den Berg The emergence of digital disruptions has changed how we handle money, perform transactions, and build confidence in today’s quickly changing financial scene. This shift is radically altering the terms of interaction in the financial services sector rather than merely implementing new technologies. Furthermore, the next generation is growing up amid this […]