The sought after Ineos brand has become significantly more affordable locally after the Namibian sales office recently introduced a new pricing strategy. Inspired by the original Land Rover Defender of the 1980s, the Ineos brand continues to outshine in terms of reliability and capability compared to premium SUVs in its market segment. “We are constantly...
If managed well, Namibia’s hydrocarbon resources can be key enablers for industrialisation, infrastructure growth, skills development and poverty eradication both domestically and regionally. These were the remarks of Minister of Industries, Mines and Energy Natangwe Ithete at the third edition of the Namibia Oil & Gas Conference in Windhoek this week. The conference ends today. ...
Prime Minister Elijah Ngurare has commended Namport for heeding a call by the government and, through the Namport Social Investment Fund (NSIF), investing in the development and empowerment of Namibia’s youth across all 14 regions. During a gala dinner on Friday, Namport confirmed a contribution of N$5 million to the NSIF. Namibia’s eighth administration, under...
The homegrown Pupkewitz Group, which this year celebrates 100 years of business in Namibia, has already expanded into South Africa, with stores in Upington (MegaTech Electrical) and Cape Town (Megatech Electrical Supplies), and is looking at potential business in neighbouring Angola and Botswana. However, Group Finance Director Eugene Shepherd cautions that any further regional expansion...
To unlock the full potential of a digital financial ecosystem in Namibia will require new models, new tools, and, crucially, new mindsets. This is according to Kenneth S. Matomola, chief executive officer of the Namibia Financial Supervisory Authority (Namfisa), who was speaking at FinTech Square 2025, a flagship initiative under the authority’s innovation agenda that...
The Sinomine Tsumeb Smelter, traditionally a cornerstone of Namibia’s industrial mining capacity, is currently undergoing a critical realignment. It is in the process of committing N$2 billion for the development of a multi-metal recycling project. Industry insiders consider this a bold move for Sinomine to focus on polymetallic recovery. The new recycling plant aims to...
The Pupkewitz Foundation, the community social investment arm of the Pupkewitz Group, last week made a milestone pledge of N$10 million over the next 12 months. The massive pledge formed part of the group’s centenary celebrations as it celebrates 100 years of doing business in Namibia. The enormous commitment by the foundation signifies N$100 000...
Namibia’s largest cement manufacturer, Ohorongo Cement, remains adamant that the domestic market, in its current form, is not large enough to sustain two cement manufacturers. The reasoning is that Namibia currently has demand for about 600 000 tonnes of cement annually but has the capacity to produce some 2.5 million tonnes per annum, which means...
Canadian miner, B2Gold Namibia has set its sights on the nearby Antelope Deposit as it continues to look for new projects in the country amid a scale down exercise at its Otjikoto Gold Mine by end 2025. The scale down on employement will affect 400 jobs. Located a mere four kilometres southwest of B2Gold’s existing...
Despite some Namibian websites ending with ‘.na’ in their domain name having experienced downtime last week, the communications regulator has dismissed any widespread outages. The technical difficulties may have stemmed from the Communications Regulatory Association of Namibia’s (CRAN’s) cancellation of UCOM Mobile Namibia’s spectrum licences earlier this year. The regulator has advised all domain owners...