A decrease in global diesel prices last month due to a combination of oversupply fears and trade tensions will see Namibians paying less at the fuel pumps during June. Global economic uncertainty, aggravated by Trump Always Chickens Out (TACO) policies, has contributed to weakened demand which could potentially surge if OPEC+ follows through to increase...
Cargo handled by the Namibian Ports Authority (Namport) at the ports of Walvis Bay and Lüderitz increased by almost 5% to over 8 million tonnes for the financial year ended 31 March 2025. This throughput of 8.42 million tonnes is up from 8.03 million tonnes handled during the previous financial year. In a media statement...
Despite routine maintenance on the West African Cable System (WACS), which Namibia relies on for its internet connection to the rest of the world, Mobile Telecommunications Limited (MTC) has rerouted most of the country’s data traffic to backup systems to ensure continuity of internet services. MTC yesterday stated that scheduled maintenance on WACS is ongoing...
African airlines continue to face an uphill battle, as they are still confronted with high operational costs and a low propensity for air travel expenditure. These challenges are compounded by a persistent aircraft and spare parts shortage that has for decades dampened aviation growth on the continent. According to the International Air Transport Association (IATA),...
Construction is expected to be the fastest-growing domestic sector this year, as it is forecast to expand by 8.5%, despite accounting for just 1.4% of gross domestic product (GDP) in 2024. Commenting on the latest building statistics, stock brokerage Simonis Storm (SS) noted the vigorous growth outlook is supported by a favourable combination of monetary...
Namibia Wildlife Protection (NWP), a wholly-owned Namibian company providing anti-poaching security solutions to private individuals and businesses, depends on the reliability and dependability of their JAC T9 Super Lux double cab. Working in conjunction with NWP’s thermal drone flights and regular foot patrols, the company utilises the JAC T9 to cover large tracts of private...
One of the foremost domestic experts in nuclear physics has encouraged Namibia to waste no time in including nuclear energy in the country’s energy mix. Nuclear physicist Dr Nortin Titus said including nuclear in Namibia’s energy mix would ensure power reliability, sustainability and resilience to external price shocks. Responding exclusively to New Era on Namibia’s...
Big news for Namibian motorists is the imminent arrival of the much-anticipated JAC T9 PHEV, which opens the floodgates for an alternative energy bakkie to increase performance and reduce fuel consumption. The plug-in hybrid T9 double cab’s petrol-electric powertrain comprises a 2.0-litre, four-cylinder turbocharged internal combustion engine (ICE) and a duo of electric motors. This...
The Southern African Customs Union (Sacu) says it is ready to engage the United States of America (USA) to find an amicable solution to trade concerns. Part of a possible solution touted by Sacu urges the USA to contemplate observing differential treatment, specifically to consider exempting least – developed countries (LDCs) and African Growth and...
The possible upgrading of a Namdeb wind project holds the potential to power diamond mining operations, while additional electricity could be transmitted into the national grid. This is as Namdeb, equally owned by government and the De Beers Group, continues to align its operations with national goals for industrialisation, clean energy transition and sustainable development....