A 30% tariff imposed by the United States (US) on goods imported from South Africa (SA) has sparked concern across southern Africa. Namibia is expected to feel the economic ripple effects due to its close trade and financial ties with its southern neighbour. The new tariff, recently announced by US president Donald Trump, came into...
Petroleum Training and Education Fund (Petrofund) and FirstRand Namibia, through its subsidiary Rand Merchant Bank (RMB), have entered a N$1 million, two-year partnership aimed at training and upskilling Namibians in the petroleum industry. The signing ceremony took place at the Namibia Oil and Gas Conference in Windhoek on Wednesday. It was officiated by PetroDund CEO...
The Bank of Namibia (BoN) yesterday held the repo rate steady at 6.75%, in a decision that signals caution amid growing economic pressure in Namibia and abroad. This marks the third consecutive hold by the central bank, despite mounting calls for relief in the face of weak household credit growth and elevated borrowing costs. While...
Namibia’s decades-long push to become a key player in the global oil and gas industry is finally paying off. The country is now firmly on the energy investment map. This was the message at the Namibia Oil and Gas Conference currently underway at the Mercure Hotel in Windhoek. The event is themed ‘From Exploration to...
Selma Paulus (38) has turned a N$200 investment into a growing street business at Windhoek Central Hospital. She sells sweets, cool drinks as well as fruits and vegetables to patients, visitors and staff. Just over a year ago, she had no source of income. To survive, Paulus started selling sweets and dry chips from a...
GROOTFONTEIN – They say, ‘Curiosity killed the cat, but satisfaction brought it back’. However, for Frans Katjimune (50), curiosity gave life to a business journey that continues to grow. In a world where many people wait for the perfect opportunity or the right time, Katjimune has proved that asking the right question and taking a...
The 12th edition of the Mining Expo ended at the Windhoek Showgrounds on Friday after three successful days of activity, marking the biggest event in its history. Organised by the Chamber of Mines of Namibia, this year’s Expo attracted a record 198 exhibitors and featured 335 exhibition booths. Held over three full days for the...
The National Art Gallery of Namibia (NAGN) opened its doors to a new solo exhibition by local artist Pedro Vorster, titled Memorabilia, which started yesterday. The exhibition is a powerful blend of oil paintings, photographic prints, and carefully curated personal items. Vorster, a painter, photographer, and writer, brings more than 20 years of experience to...
Three years ago, the Miss Namibia pageant was a fading sparkle and a beauty contest struggling to find its place in a modern and constantly changing pageantry world. When veteran journalist and media executive Umbi Karuaihe-Upi assumed the role of CEO of the Miss Namibia organisation, she did more than revitalise the brand. She...
Namibia’s inflation rate has slowed, offering some relief to many households across the country. However, while the overall rise in prices has eased, the cost of living remains pressing in some parts of the nation. The Namibia Statistics Agency (NSA) reported yesterday that headline inflation – the general rise in prices – stood at 3.5%...