The Board of Directors of the Bank of Namibia yesterday praised the governor of the central bank Johannes !Gawaxab, for his dedicated leadership during his tenure. This follows an unexpected announcement that the governor will vacate his post at the end of this year. The board cited inflation that remained well contained during his tenure,...
Thomas Kanime, the founder of Kaashi-o Printing Shop and Kaashi Café, built his business from simple beginnings, strong discipline, and a desire to serve his community. Although Kaashi-o Printing Shop opened just over three years ago, the idea started long before that. Kanime worked for more than six years in the printing and office environment....
Adding lashes on top of existing lashes has become more than just a beauty routine for many young women; it has evolved into a form of therapy. In a country where the unemployment rate sits at nearly 40%, small beauty services like lash extensions are helping young people find a way to survive, earn extra...
The European Union (EU), in collaboration with the Port of Rotterdam and Namibia Ports Authority (Namport), signed a N$13 million agreement to support the planning of the Lüderitz Port expansion at Angra Point. According to Martijn Coopman, Programme Manager of International Hydrogen Supply Chains at the Port of Rotterdam, this initiative builds upon the existing...
Head of business and commercial banking at Standard Bank Namibia, Helena Amupolo said that it is important to help entrepreneurs grow and expand their businesses. She explained that many entrepreneurs in Namibia are ambitious and creative, but they need the right support to succeed. She said this at the Market Access and Trade Opportunity Evening...
The Namibia University of Science and Technology (NUST) signed new salary agreements with the Namibia Public Workers Union (NAPWU) and the Teachers Union of Namibia (TUN) concluding negotiations for the 2024/2025 financial year. According to the statement issued by public relations officer at NUST, Cindy van Wyk, the agreements cover both academic and administrative staff...
Namibia’s true wealth lies not in its mines, oil, gas, or sea, but in its people, especially its creative minds said the governor of Bank of Namibia Johannes !Gawaxab at the central bank’s Annual Symposium 2025, held under the theme “Unleashing the Power of the Creative Industries.” !Gawaxab said the creative industry has the power...
Vice president of the Economic Association of Namibia Jesaya Hano-Oshike said small and medium enterprises form the backbone of the economy. ‘ However, access to the capital remains limited. In addition, venture capital and private equity fill the void by providing funding and strategic guidance, governance and networks. He highlighted the roles of venture capital...
Industries, mines, and energy minister, Frans Kapofi has proposed amending the Petroleum Exploration and Production Act, 1991 to shift several key powers in the petroleum sector from the ministry to the Office of the President. The proposal tabled by Kapofi in Parliament yesterday, aims to transfer some responsibilities from the Minister of Industries, Mines, and...
Frieda Popyeni Amadhila, founder of Popyeni Jewels, has turned her love for gemstones and creativity into her livelihood. She holds an Honours Degree in Applied Biochemistry and a Certificate in Gemstone Cutting and Polishing. However, her path to success was not an easy one. After graduating, Amadhila struggled to find employment. Faced with the country’s...