Internet speeds in towns and settlements such as Maltahöhe, Rietoog, Stampriet, Aranos, Oshifo, Khorixas, Tsandi, and Otavi are about to sour to unbelievable heights after Mobile Telecommunications Limited (MTC) connected residents in these areas to its fixed internet service offering called Spectra. “As part of our commercial strategy, MTC will be in the coming months,...
The country’s first mobile service provider, MTC has responded to customers with a decision to remove the limit on the number of concurrent prepaid subscriptions one can have. Previously, customers could only have up to three active subscriptions, which at MTC is referred to as Aweh. “The removal of the Aweh subscription limitations was a...
Aviation is not merely a mode of transport but it is actually a strategic enabler for development. However, fragmentation and high costs continue to hold back aviation’s potential in Africa, as evidenced by the fact that it is often easier to fly to another continent than between two African countries. This lack of connectivity is...
The proposed National Upstream Petroleum Local Content Policy, which aims to promote skills development, local ownership and supplier opportunities for Namibians in the petroleum sector, is actually “designed to establish an enrichment conduit for the politically connected.” This is according to the management committee of the Economic Policy Research Association (EPRA), which advocates for pragmatic...
Of the N$106 billion national budget government announced for the current financial year, a significant amount representing billions of dollars will be spent on goods and services procured from the private sector. This substantial procurement, about 25% of Namibia’s GDP, is subject to stringent rules by the Procurement Policy Unit (PPU) in the finance ministry. ...
The highly-anticipated plug-in hybrid electric vehicle (PHEV) from JAC Motors is expected to grace Namibian showrooms by the beginning of next year. The new double cab T9 2.0L TGDI PHEV, powered by a robust 2.0L turbo-petrol engine and supported by two Permanent Magnet Synchronous Motors (PMSMs), one at the front and another at the rear,...
The Nedbank Group will be focusing on Africa regions, specifically the Southern African Development Community (SADC), for future growth opportunities. The group, which recently posted strong financial results for the first half of 2025, has committed to re-investing some of its proceeds into SADC to ensure regional growth. Nedbank’s Africa Regions (NAR) cluster includes Eswatini,...
The decommissioning of the old fuel jetty at Namport and the full transition of fuel imports through the National Oil Storage Facility (NOSF) as of 1 August 2025 carries several implications for fuel security and price stability in Namibia. These implications entail enhanced storage capacity, centralised oversight, reduced risks as well as reduced delays, including...
The president of the Chamber of Mines of Namibia George Botshiwe has cautioned that a potential increase in local ownership of up to 51% of mines operating in Namibia could have disastrous consequences for the domestic sector. His remarks are in response to a directive from Deputy Prime Minister and Minister of Industries, Mines and...
The 20Twenty Financial Solutions is shaking up the domestic home loan market by addressing what the company describes as a critical gap in the housing market. The wholly owned Namibian company is regulated primarily by the Namibian Stock Exchange (NSX), under whose framework it operates, as it raises capital through listed investment instruments. “Our home...