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‘Any fool can make a fortune, but it takes a man of brains to hold onto it’
Concerned Citizen In the late 1800s, an American family, the Vanderbilts, amassed wealth that surpassed even the nation itself. Cornelius Vanderbilt, the patriarch, had built a fortune of $100 million (equivalent to $2.7 billion today) from a mere $100 loan he got from his mother. This man was a master investor because he […]
Aviation Authority Gears Up for Thorough Audit in March
By: Nghiinomenwa-vali Erastus The Namibia Civil Aviation Authority (NCAA) is preparing for an in-depth aviation audit scheduled for March 16, 2024. In anticipation of the audit conducted by the International Civil Aviation Organization (ICAO), the NCAA has undertaken significant measures, including legislative amendments, regulatory enhancements, and regular stakeholder meetings. NCAA Managing Director, […]
Mining Sector Accounts for a Quarter of Namibia’s Electricity Consumption
By: Nghiinomenwa-vali Erastus The monthly Electricity Sectoral Reports from the Namibia Statistics Agency (NSA) reveal that approximately 25-26% of both locally generated and imported electricity is consumed by the mining sector in Namibia. This consistent trend has been observed throughout the year 2023, with miners consistently utilising a quarter of the country’s electricity. […]
Five Green Schemes Have Potential To Replace Grain, Other Imports…as Schlettwein criticises AgriBusDev for failures
By: Justicia Shipena Minister of Agriculture, Calle Schlettwein, has confirmed that some strides are being made in a few of the government’s in-grain production efforts, however, has strongly criticised the now-defunct Agricultural Business Development Agency (AgriBusDev) for its failure to ensure the success of the country’s green schemes. According to the ministry, the Etunda Green […]
China Tops Namibia’s Export Markets in November 2023, Led by Onions
By: Justicia Shipena In November 2023, China emerged as Namibia’s leading export market, while South Africa maintained its position as the primary supplier, according to the Namibia Statistics Agency (NSA) Merchandise Trade Statistics Bulletin Report. “Namibia’s trade composition by partner showed that China emerged as Namibia’s largest market for exports and South Africa maintained […]
Ucom Mobile Namibia Spectrum Licence Revoked Over Non-payment
By: Nghiinomenwa-vali Erastus The Communication Regulatory Authority of Namibia (CRAN) has revoked the Spectrum Licences awarded to Ucom Mobile Namibia (Pty) Ltd (MTN) due to non-payment and allegations of spectrum hoarding. The company obtained its Spectrum Licences in November 2014 and April 2020. According to CRAN, the cancellation is a consequence of Ucom […]
Angula Assumes CEO Role at Letshego
By: Staff Writer Former Chief Commercial Officer of Mobile Telecommunication Company (MTC), Melvin Angula, has officially taken on the role of CEO at Letshego Micro Financial Services Namibia. Angula, renowned for spearheading digital transformations and delivering top-notch customer services in the telecommunications sector, is expected to usher in a new era of leadership […]
Farmers Told to Keep Livestock Out of Town at Opuwo
By: Uankutura Kambaekua The Opuwo Town Council has issued a pressing warning to livestock owners, urging them to maintain proper fences and prevent animals from straying beyond the town’s boundaries. Opuwo continues to face challenges with an expanding animal population, posing unique challenges. Recently, the Town Council discovered a significant number of animals, […]
Opinion: The Importance of Stakeholder Management
By: Mignon du Preez Stakeholder involvement is becoming more and more prominent in the complex world of modern business; it’s a dynamic interaction that goes beyond boardrooms and spreadsheets. It’s an acknowledgment that companies are part of a web of relationships with different stakeholders and are not separate entities. This article highlights the significance […]
Is Inflation the Real Monster, or Are We Just Not Producing Enough?
By: Kandjengo kaMkwaanyoka and Joseph Jeremia Many Namibians, as well as people around the world, must be wondering what inflation is and what causes the monthly rapid rise in prices of goods and services. Every time you walk into a shop, the price of a particular good has gone up – but why? […]