Year: 2024

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Bitcoin hits US$80 000 for the first time
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Bitcoin hits US$80 000 for the first time

LONDON – Bitcoin soared to a new record high on Sunday, as traders bet that DonaldTrump’s return to the White House will be good for the cryptocurrency. The digital currency passed US$80 000 for the first time in its history shortly after 12h00. It has been rising since Republican candidate Trump won last Tuesday’s US...

Namcor and partners divulge drilling schedule
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Namcor and partners divulge drilling schedule

The National Petroleum Corporation of Namibia (Namcor), in collaboration with its joint venture partners in Petroleum Exploration Licence (PEL) areas 56, 83, 85 and 90, are set to commence drilling between the last quarter of 2024, and the first quarter of 2025.  The drilling will entail four exploration and appraisal wells in the Orange Basin...

FNB first to offer enhanced cross-border payments
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FNB first to offer enhanced cross-border payments

Cross-border payments are a lifeline for many people and businesses in Africa.  These customers rely on fast, secure and cost-effective payment offerings to manage the daily transfer of funds to friends, associates and family members in other countries. To meet evolving customer needs, First National Bank (FNB) has partnered with BankservAfrica for its Transactions Cleared...

Opinion – Preserving Namibia’s national values and ideals
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Opinion – Preserving Namibia’s national values and ideals

It has been 34 years since Namibia gained independence through the barrel of the gun, after which independence the country has transformed into one of Africa’s best democracies.  This has become possible because of espoused national values and ideals that are entrenched in the preamble of the Namibian Constitution. However, these values and ideals need...

Business owners seize San pensioners’ grants
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Business owners seize San pensioners’ grants

TSUMKWE— Many pensioners of the San community at Tsumkwe live without their national identification documents and social grant cards, which have allegedly been confiscated by local business owners.  These unscrupulous businesspeople, who ply the pensioners with alcohol on credit, reportedly seize the pensioners’ entire social grants at pay points.  This troubling state of affairs was...

Fishrot fight to remove judge on hold
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Fishrot fight to remove judge on hold

State Advocate Ed Marondedze yesterday applied to acting Windhoek High Court judge Moses Chinhengo to stay the main trial and any further applications by former attorney general and justice minister Edward Sakeus Shanghala until the finalisation of his constitutionality challenge on the judge’s appointment. Shanghala petitioned the Supreme Court after Chinhengo dismissed his application to...

Voting D-Day for diaspora, seagoing staff
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Voting D-Day for diaspora, seagoing staff

Lahja Nashuuta Namibians living abroad are expected to cast their votes during the special voting exercise scheduled for tomorrow, 13 November 2024, the Electoral Commission of Namibia (ECN) has announced. Polling stations will open from 07h00 to 21h00 inside the country as well as at Namibian diplomatic missions abroad. ECN chairperson Elsie Nghikembua said the...

Ombazu, Eraka festival slated for Friday
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Ombazu, Eraka festival slated for Friday

The renowned Ombazu and Eraka festival, which celebrates the Ovaherero people’s unique heritage, is set to take place this weekend at Okozonduzu in the Okakarara Constituency. Since 2018, the festival has featured various cultural events such as traditional dances, music, storytelling and food stalls, providing an in-depth understanding of Ovaherero culture. The festival has previously...

Collaborate and explore nuclear energy
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Collaborate and explore nuclear energy

SWAKOPMUND – Namibia and South Africa could put together resources and expertise to tackle regional electricity challenges by exploring nuclear energy.  This was highlighted by South African Nuclear Energy Corporation (NECSA) group executive Sengiphile Simelane during an interview with New Era at the second Nuclear Science and Technology Conference held in Swakopmund.  Both countries face...