Air travel growth in Africa is projected to hit 6% in 2026, exceeding the global average anticipated at 4.9%, slightly above the 5.2% expected this year. However, despite outshining the rest of the world in terms of air travel growth, the African aviation industry’s profit margins of 1.3% still lack the lustre as African airlines...
Hundreds of Botswana returnees of Namibian descent, currently housed at a reception area in the Gam settlement, will finally have places of their own to call home. This follows government’s announcement that some will receive resettlement units at farms across the Otjozondjupa region, while others will be resettled at Otjipaheua village in the Gam area. ...
The 2020s have reminded us that financial markets are not only complex but also increasingly unpredictable. From the pandemic-driven crash of 2020 to the inflation and interest rate surges of 2022– 2024, trustees of pension funds have been confronted with volatile conditions that tested both their technical competence and their fiduciary integrity. In such times,...
Namibia stands at a crossroads. With 70% of our population under 35, we possess what many nations can only dream of: a young, energetic demographic capable of driving innovation, production, and economic transformation. Regretfully, we are also burdened by soaring unemployment rates, a growing semi-skilled workforce, and a tertiary education system that seems to operate...
Bantu education taught us about lizards, frogs, amoebas, the names of the world’s capital cities, the longest rivers, etc. What we learned in school didn’t prepare us for the real world outside because of the way the Bantu education was designed and drafted. It was designed in such a way that whites created a black...
SWAKOPMUND – NamWater and Swakop Uranium have signed an agreement to enterinto a joint venture that will see the construction of a second desalination plant in the Erongo region. The joint venture, named the Erongo Sunam Desalination Project, is a major step towards securing water for the mining sector and meeting the growing water demand...
Angola has taken a proactive approach with the deployment of SITA’s Advance Passenger Information and Passenger Name Record Gateway (API PNR Gateway) at Dr António Agostinho Neto International Airport. The new system is supported by SITA’s Passenger Information Unit (PIU) consultancy services. As aviation’s tech engine, SITA aims to make travel safer, easier, and more...
Out of total US$1.2 billion of global aviation industry funds blocked by governments, 93% of the capital is trapped in Africa and Middle East (AME) countries. In fact, 10 countries across Africa, the Middle East, and South Asia account for 89% of the total blocked funds, amounting to US$1.08 billion. The AME region total blocked...
About three weeks ago, I wrote an article arguing that Namibia needs a socialist leader for social and economic growth. It was published in both the New Era newspaper and the Namibian Economist. I unexpectedly stirred some controversy with that piece. I have received lunch invitations and text messages praising my bold advocacy for socialism,...
The financial gurus say you need to have a “retirement car.” Well, my ‘retirement car’ will just have the basics, automatic transmission, rear assist parking, lights that turn on when it’s dark, and most importantly, an engine that can handle the air conditioner. But no matter how fancy the car, the driver behind the wheel...