Bank of Namibia (BoN) governor Johannes !Gawaxab this week highlighted the emergence of a new world order. He said it is defined by evolving geopolitical developments, intensified trade tensions and rapid technological advancement. He noted that these new global dynamics are challenging traditional frameworks around globalisation, multilateralism and market openness. He called for enhanced institutional...
Author: Edgar Brandt (Edgar Brandt )
Tara Rally kicks off tonight at Tony Rust …setting the stage for an adrenaline-filled weekend
Namibia’s most iconic motorsport event, the oldest known rally in Africa and perhaps the toughest rally on the continent, kicks off tonight at Windhoek’s Tony Rust track. The year’s event, which has secured major corporate backing from Shell V-Power and JAC Motors as the headline partners, has attracted 17 entries to set the stage for...
Telecom confirms uninterrupted service
“Bro, I’m lagging bro”, is not what gamers using Telecom Namibia’s internet services will be saying to each other while the West Africa Cable System (WACS) undergoes essential maintenance from 1 to 12 June 2025. The maintenance work is being carried out on the essential maintenance of the high-capacity broadband undersea internet cable system linking...
Decreasing diesel drives June fuel decrease
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...
Namport cargo volumes up to 8.42m tonnes …ports achieve highest container throughput in over a decade
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...
MTC warns of internet disruptions …as WACS undergoes maintenance
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...
Sustained demand for African aviation despite challenges
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 growth expected to outdo all other sectors – SS …domestic industry’s total output projected to surpass N$4 billion
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’s priceless black rhino protected by JAC’s T9 …enables NWP to cover huge distances to curb poaching
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...
Namibia’s nuclear dream valid – Expert
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...