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...
When Foibe Sheehama lost her job in 2019, her world turned upside down. She was a young mother of three boys, with bills to pay and dreams that suddenly felt out of reach. But instead of giving up, she decided to take control of her life, and that decision changed everything. Today, the 31-year-old is...
The Ministry of Industries, Mines and Energy announced that fuel prices will remain unchanged for November. According to the ministry, an analysis of international oil markets showed that oil prices dropped during October. Brent crude oil traded at around US$61.50 per barrel, which is the lowest level since May 2025. “This decrease was mainly due...
With Namibia’s unemployment rate standing at 36.9%, the Economic Association of Namibia (EAN) and the Hanns Seidel Foundation Namibia hosted a public discussion at Protea Hotel in Windhoek to talk about how the country can create more jobs. The event was held under the theme ‘The Jobless Growth Puzzle: Can Namibia Unlock Inclusive Prosperity?’ It...