Circular energy represents not only an environmental imperative but a significant economic opportunity. By embracing the circular energy approach, Namibia stands to reduce dependency on imports, stimulate local industries, create jobs, strengthen energy security and position itself as a regional leader in sustainable innovation. This was the sentiment expressed by Indileni Daniel, Minister of Environment,...
PPS Insurance Namibia has allocated a record N$367.3 million to members’ PPS Profit-Share Accounts. This is the highest Profit-Share allocation in the history of PPS Insurance Namibia and adds to the accumulated N$1.8 billion in Profit-Share to members during the last decade. The PPS Profit-Share Account reflects the accumulated value of annual profit allocations made...
The Central Procurement Board of Namibia (CPBN) has moved to overhaul how bid evaluators are appointed. This was done by introducing stricter procedures in what appears to be a direct response to mounting public pressure for transparency, accountability and delays in the country’s public procurement system. In a statement issued this week, CPBN spokesperson Johanna...
Namibia Power Corporation (NamPower), in partnership with its two co-lead arrangers, Cirrus Securities and Nedbank Namibia Limited, yesterday successfully listed a N$5 billion Domestic Medium-Term Note (DMTN) Programme on the Namibia Securities Exchange (NSX). The N$5 billion medium-term note programme has been specifically designed to allow a range of notes to be issued under it. ...
The Namibian bakkie market has a new contender, and it is anything but subtle. The arrival of the Kia Tasman signals a bold shift for Kia as it muscles into one of the most competitive and brand-loyal vehicle segments in the country. The 2026 Kia Tasman primarily features a 2.2-litre Smartstream D2.2 CRDi turbo-diesel four-cylinder engine, producing...
“The ANNA project is not merely a transmission line. It is a strategic instrument that will connect our economies, strengthen our institutions and improve the lives of our people.” This sentiment was expressed by Minister of Industries, Mines and Energy Modestus Amutse, marking a significant milestone in regional energy collaboration as Namibia and Angola officially...
The Ondangwa Town Council is rolling out an ambitious, multi-pronged strategy to transform the northern town into a competitive investment hub, leveraging infrastructure expansion, streamlined bureaucracy and targeted support for local enterprises to stimulate economic growth. At the centre of this push is the council’s 2022/23-2027/28 strategic plan, reinforced by a newly launched Local Economic...
Iran and the United States failed to strike a deal yesterday to end the war in the Middle East, but there was no immediate return to hostilities, and the region clung to hope that a fragile truce would hold. US Vice President JD Vance left Pakistan after the talks – the highest-level meeting between the...
Namibia’s emerging electric mobility sector has received a powerful jolt of global validation after Amperra Charging Company was selected for the prestigious Qualcomm Make in Africa Mentorship Programme 2026. This recognition places the Namibian company among the continent’s most promising deep-tech innovators. For Amperra, this could be a game-changer, as protecting proprietary technology and refining...
Namibia’s construction sector, which has long been regarded as a critical engine of economic growth and a significant contributor to national GDP, is facing renewed uncertainty, as the Construction Industries Federation of Namibia (CIF) warns that current infrastructure procurement models risk sidelining local contractors in the domestic market. At the centre of the controversy is...