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...
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...
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...
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...
Lama Walaula, co-founder of Meme-Weedelela, a business based in Windhoek and well known for selling and renting Oshiwambo traditional attire, caters to weddings (eemhoko), iitala pepata ceremonies, and other cultural events. Their colourful outfits are popular not only among the Aawambo people but also among anyone who wishes to celebrate Namibian heritage. Walaula shared that...
The call for youth inclusion has been echoed in all corners of the country, and 24-year-old award-winning energy researcher Shepherd Nyambe has answered it by throwing his name into the political ring for the upcoming 2025 Regional Councils and Local Authorities Elections, scheduled for 26 November. The political enthusiast will be contesting as an independent...
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...
The Bank of Namibia, in collaboration with the Ministry of Industries, Mines and Energy, the Ministry of Justice and Labour Relations, and the United Nations, yesterday launched the ‘National Diagnostic of Informality in Namibia Report’. Speaking at the launch, deputy governor of the Bank of Namibia Ebson Uanguata, described the informal economy as a major...
Namibia’s house price index shows that house prices grew by an average of 5.9% in the third quarter of 2025 (3Q25). This is slower than the 7.7% growth seen in the previous quarter (2Q25) and the 7.0% recorded in the same period last year (3Q24). Even with the slowdown, the housing market remains strong and...
Eveline Muhepa sits outside Khomas grove mall in Khomasdal during her spare time selling her Forever Living products and quietly building a name for herself as a dedicated Forever Living business owner. Since joining the company in January 2023, she has turned her part-time venture into a growing source of income. Muhepa, who also works...