Year: 2024

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Rossing Foundation kazigeve uhwi konosure
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Rossing Foundation kazigeve uhwi konosure

Auleria Wakudumo  Rossing foundation kazigeve uhwi wokusika koyimaliwa N$554 000 konosure mbali mono mukunda horowere Omusati ntani Kunene.  Uhwi ou vagava kupitira melikwamo lyawo ava tumbura asi Rossing Learning Enhanced Learning Access (Lela) projeka ezi zina kara asi kuna kumoneka nawa, kuna kugazara ngesi kukafutir varongwa yimaliwa yokosure, omu navarandera hena vanona yihepwa yokosure, mudwaro...

Caution for Puma’s free wifi
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Caution for Puma’s free wifi

Puma Energy Namibia has announced the implementation of free Wi-Fi for its customers at 10 filling stations in Windhoek, with the last three scheduled for installation by the end of this week. However, Puma has emphasised that the use of cellphones at these sites will be subject to strict safety rules, as the company is...

Kia’s facelifted Seltos and Picanto make local debut
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Kia’s facelifted Seltos and Picanto make local debut

Kia’s facelifted 2024 Seltos and Picanto models have arrived at Namibian showrooms, and are sure to spark the curiosity of prospective owners with a host of new features and gadgets.  The entry-level Kia Seltos, sporting a manual gearbox, starts off at N$473 000, while the top of the range 1.5 litre turbo GT version goes...

TotalEnergies acquires African hydropower projects
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TotalEnergies acquires African hydropower projects

TotalEnergies has signed an agreement with Scatec, a Norwegian renewable energy company, to acquire 100% of its subsidiary SN Power, which holds interests in renewable hydropower projects in Africa, through a joint venture (51% SN Power) with Norfund and British International Investment (BII). As a result of this transaction, which is subject to certain previous...

E-money dominates 2023 bank transactions
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E-money dominates 2023 bank transactions

Electronic money or e-money is now viewed as the most convenient and efficient method of conducting financial transactions.  With e-money, individuals can make payments and transfers electronically, eliminating the need for physical cash. Bankers Association of Namibia (BAN) CEO Brian Katjaerua said this week that by December 2023, N$67 billion had been transferred through e-moneychannels...

Namibia ready to honour US$750 million bond
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Namibia ready to honour US$750 million bond

Government is making the necessary preparations to ensure the country is able to meet its Eurobond obligations on 29 October 2025. This is according to finance ministry spokesperson Wilson Shikoto, who stated Namibia is ready to repay its largest single-day debt maturity in the country’s history.  Bonds are investment securities where an investor lends money...

O&L acquires full ownership of Broll Namibia 
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O&L acquires full ownership of Broll Namibia 

The Ohlthaver & List (O&L) Group is now the sole shareholder of its property management company, Broll Namibia. This is after the successful acquisition, effective 1 July 2024, of the remaining 49.9% shares in Broll Namibia, which were previously held by the Broll Property Group (Pty) Ltd.  “As a company born in Namibia, we take...

PrEP use taking off
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PrEP use taking off

Spearheaded by the health ministry and supported by global partners, such as the United States Agency for International Development (USAID), Namibia’s implementation of pre-exposure prophylaxis, known as PrEP, demonstrates the country’s strong commitment to comprehensively combat HIV.  PrEP is a preventive pill that decreases the potential of contracting HIV through sex by up to 99%...

Namibia not close to eliminating TB – Nangombe
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Namibia not close to eliminating TB – Nangombe

Rudolf Gaiseb Health executive director Ben Nangombe said despite government and donor efforts poured into fighting Tuberculosis (TB), the country’s dream of eliminating the disease is far from being achieved. In a recent interview, Nangombe said the World Health Organisation (WHO) classifies Namibia as a high-TB burden country, based on the high concentration of people...

UDF urges budget cycle rethink
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UDF urges budget cycle rethink

The United Democratic Front (UDF) has called on President Nangolo Mbumba to address the delay of the regional council’s budgets, saying it hinders development as capital projects remain at a standstill. Sesfontein constituency councillor and Kunene Regional Council chairperson Hendrik Gaobaeb, the new UDF president, urged Mbumba to adjust the budget cycle to start earlier...