In a step toward financial empowerment and inclusive growth, Erongo RED recently launched a Payroll Deduction Agreement with NAMITVEST, which owns 25% of NAM-MIC, with an aim to provide direct and indirect benefits to Mineworkers Union of Namibia (MUN) members. This initiative enables Erongo RED employees, particularly members and former MUN members, along with their...
TotalEnergies has signed an agreement with insurance vehicles and accounts managed by KKR, a leading global investment firm, for the sale of 50% of a 1.4 GW solar portfolio in North America. This transaction, which TotalEnergies said aligns with its renewables business model, values the portfolio at an enterprise value of US$1.25 billion. “Thanks to...
The Namport Community Wellness Initiative kicked off for the first time this weekend in Walvis Bay at the Dunes Mall, drawing a good turnout from residents, including many senior citizens. The morning featured a variety of interactive wellness activities, fitness sessions, health screenings and community engagement. Jacob Ntintin Orange, executive officer and people and culture...
Nedbank Namibia in collaboration with Future Media, recently hosted marketers, communicators, and brand practitioners at the Nedbank Campus Sky Garden in Windhoek on 18 September to live stream the Nedbank Integrated Marketing Conference (IMC) 2025, which took place in Johannesburg, South Africa. The IMC, widely regarded as Africa’s biggest marketing conference, attracted over 3 000...
NamPower successfully commissioned and energised its new indoor 132/66/33 kV Sekelduin Substation, located east of Swakopmund, on 24 September 2025. The Sekelduin Substation is distinguished as the first fully digital substation on the African continent, with a total project investment of N$394 million. This newly commissioned infrastructure added to the NamPower transmission network unlocks coastal...
Benchmark Retirement Fund marks a significant milestone this year – 25 years of service. More than a celebration of financial growth, this anniversary reflects a journey built on relationships, values and a long-term vision that has guided the fund since its inception. Founded in 2000 by RFS Fund Administrators, Benchmark has grown into one of...
Minister of Information, Communication and Technology Emma Theofelus on Friday launched the MTC eSIM card in Windhoek, as the Namibia Tourism Board (NTB) and Mobile Telecommunications Ltd (MTC) signed a Memorandum of Understanding (MoU) to drive digital transformation in the country’s tourism sector. The eSIM – short for embedded SIM, drops the need for physical...
One of the key objectives of the Forum of German-Speaking Namibians, which was formed in April 2021, is to promote Namibia as an attractive business location and to, if necessary, act as mediator between local and foreign enterprises and institutions. In this regard, the forum will host an open and solution-driven discussion on these issues...
The Environmental Investment Fund of Namibia (EIF) is on the brink of a breakthrough, as its proposal to establish the country’s first Green Industrial Zone has advanced to the final approval stage for a substantial €25 million, approximately N$625 million grant under the Mitigation Action Facility (MAF). According to a statement issued by EIF’s Chief...
Debmarine Namibia on Monday unveiled two new 800NB crawlers and an upgraded recovery system for the MV Benguela Gem, marking a major upgrade in offshore diamond recovery technology. The 370-tonne crawlers are designed for tougher seabed conditions and will increase mining rates by 20% while extending pump life by 30%. They are expected to add...