Capricorn Private Wealth (CPW) is supporting the 43rd Annual Medical Congress, facilitated by the Medical Association of Namibia (MAN), with a sponsorship of N$200 000. Capricorn announced the partnership last week Friday. The event is scheduled to take place at the University of Namibia Hage Geingob Campus on Friday, 12 July and Saturday, 13 July...
PSCE reaches highest level for 2024…credit uptake driven by increased corporate demand
Despite higher interest rates that might have deterred credit demand, corporate appetite has actually increased as Private Sector Credit Extension (PSCE) for May reached the highest level recorded so far this year. This is the highest level since the 3.9% year-on-year (y/y) increase seen in March 2023. “This implies that companies think now is a...
Opinion – Local content in oil and gas
Ndapwilapo Shimutwikeni Considering the recent oil and gas discoveries in Namibia, local content was a central focus at the recently- concluded 6th edition of the Namibia International Energy Conference, which was attended by over 750 delegates from 46 nations. In the oil and gas industry, local content refers to the development of local industries, a...
NamWater disconnects Zambezi defaulters …no water, no vote – community
KATIMA MULILO – Several households in the Zambezi region find themselves in a precarious situation after NamWater disconnected their water points over non-payment. The bills, which run into thousands of dollars, date back to the Covid-19 outbreak in 2020, which brought economic activity to a standstill. Most of these affected areas largely depend on community...
Pensioner feeds vulnerable
Charmaine Boois MARIENTAL – A pensioner has taken it upon herself to feed hungry and vulnerable children in Mariental. “I don’t have children – maybe it was God’s plan. I have so much love for these children,” says Anna Ida Mungunda, who feeds 100 children from a soup kitchen at her home in the Donga...
Parastatals must prepare for new industries
Public enterprises must position themselves strategically, as they are an important component for the realisation of emerging industries such as oil, gas and the much-talked-about green hydrogen. This is because PEs are equipped with the necessary resources to ensure the success of the initiatives. These sentiments were ventilated yesterday by Martha Domingos, director of legal...
NYC’s ‘rough diamond’ Bridgehead shines
Bridgehead, the troubled subsidiary of the National Youth Council, has finally paid dividends of N$500 000 to its shareholder after years of failing to bring anything to the table. The NYC business arm acquired fishing rights, and holds shares in various other companies. It is mandated to generate funds for the council, and ultimately uplift...
Omaheke records poor voter registration
Zebaldt Ngaruka EPUKIRO – A low turnout of eligible voters has been observed in the Omaheke region’s seven constituencies in the first month of the general registration of voters exercise. Despite the Electoral Commission of Namibia’s (ECN) efforts to encourage eligible voters to register, the region is experiencing a low turnout. New Era caught up...
Murder dominates weekend crime
Iuze Mukube The concerning pattern of murders in Namibia continued over the weekend. In total, six murders were reported by the Namibian Police Force between Friday and Sunday. The first incident occurred in Ondangwa on Friday. The suspect, identified as Elia Shitongeni Hamukwaya, a male aged 38, allegedly killed his girlfriend, Emilia Nangombe (34), before...
Rape-accused doctor wants release on warning
A 36-year-old medical doctor, accused of raping his seven-year-old son, wants the court to release him on a warning. The doctor, who may not be named to protect the identity of the alleged victim, and his mother are facing a charge of rape each. It is alleged by the State that they sexually violated the...









