Year: 2024

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Katuka increases capacity-building and women’s development 
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Katuka increases capacity-building and women’s development 

Bank Windhoek has supported the Katuka Mentorship Programme for the past five years, while witnessing women’s development and its benefits.  Mentees within the programme agree that while the Namibian job market can be challenging, having a supportive and established mentor makes attaining career goals easier. The annual Katuka Mentorship Programme held its certificate ceremony on...

Equity markets mostly on front foot, as bitcoin rally stutters
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Equity markets mostly on front foot, as bitcoin rally stutters

LONDON – Major stock markets mostly rose yesterday as traders welcomed Donald Trump’s pick for Treasury secretary, while bitcoin’s push to US$100 000 ran out of steam after coming within a whisker of the mark last week. The equity gains came before key US data over coming days, which could provide fresh clues about the...

Understanding new cross-border banking charges …improvements create secure environment
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Understanding new cross-border banking charges …improvements create secure environment

New regulations effective since 30 September 2024 have transformed how consumers send and receive money between Namibia, South Africa, Eswatini, and Lesotho, better known as the Common Monetary Area (CMA). “These changes represent a significant advancement to our cross-border payment systems,” explained Brian Katjaerua, CEO of the Bankers Association of Namibia (BAN).  “While customers need...

NamWater engages MTC for digital transformation 
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NamWater engages MTC for digital transformation 

In a deliberate pursuit to drive and achieve digital transformation, Namibia Water Corporation (NamWater), and telecommunications giant MTC, yesterday signed an agreement. The cooperative agreement will see the two institutions work jointly to lead the envisaged Water Sector Digital Transformation.  The smart partnership is embarked upon with the ultimate purpose of enhancing the systems and...

Opinion – The clock is ticking: Can Swapo weather the storm?
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Opinion – The clock is ticking: Can Swapo weather the storm?

As Namibia nears the national and presidential elections, early postal voting results suggest a tight contest that could mark a pivotal moment in the country’s political trajectory. The Independent Patriots for Change (IPC), a relatively new player in the political arena, has emerged as a serious challenger to the ruling Swapo party.  This development mirrors...

Opinion – Maintain democracy, manage tensions, preserve investor confidence pre-, post-elections
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Opinion – Maintain democracy, manage tensions, preserve investor confidence pre-, post-elections

As an independent economic and business researcher, a board member of the African Council on Foreign Relations, a Pan-African think tank on economic affairs and a Namibian, let me start by wishing Namibians a peaceful election on 27 November when they will exercise their democratic rights. In a democracy, the redistribution of political power during...

NNN promises Air Namibia revival 
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NNN promises Air Namibia revival 

Nearly four years since Namibia’s national airline Air Namibia took a nosedive, resurrecting the entity is high on Swapo presidential candidate Netumbo Nandi- Ndaitwah’s list, if her last push for votes on Sunday is anything to go by.  Speaking during the party’s star rally in Windhoek over the weekend, Nandi-Ndaitwah assured enthusiastic supporters that, if...

Press for change – Venaani 
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Press for change – Venaani 

As the countdown to Namibia’s crucial elections climaxes, citizens are gearing up to cast their votes to determine the country’s fate for the next five years.  Namibia is pregnant, and will in the coming days deliver a president-elect and 96 members of the National Assembly to preside over the executive and legislative branches of the...

NEFF, IPC: Ties that bind 
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NEFF, IPC: Ties that bind 

OKANDJENGEDI – Independent Patriots for Change (IPC) leader Panduleni Itula says Namibians have an opportunity to vote for change tomorrow.  He made these remarks at the IPC’s final star rally held at Okandjengedi in the heart of the Oshana region, where scores of patriots converged to listen to their chief ’s message ahead of the...

Negligence costs Master millions 
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Negligence costs Master millions 

Three judges of the Namibia Supreme Court upheld a ruling by Windhoek High Court Acting Judge Kobus Miller that the Master of the High Court is liable for losses suffered by an heir of an estate.  Chief Justice Peter Shivute, Judge of Appeal Dave Smuts and Acting Judge of Appeal Shafimana Ueitele found that the...