Bank Windhoek, the country’s only locally owned bank, continues to pioneer innovative avenues for mobilising capital by issuing a new thematic instrument, a Sustainability-Linked Bond (SLB). This milestone reaffirms Bank Windhoek’s commitment to supporting Namibia’s economic growth by leveraging its mandate as a financial institution to mobilise capital and commit to stimulating inclusive and sustainable...
Already a major contender in the domestic bakkie segment, the GWM P500 now brings even more attitude to the road with a bold new look featuring blacked-out exterior details. The updated range, expected in Namibia next month, rolls out with a fresh visual edge that enhances its already commanding presence, adding stealthy black treatments to the...
In an effort to deepen economic ties between Japan and Africa, the African Trade & Investment Development Insurance (ATIDI), Mitsubishi UFJ Financial Group (MUFG) and Nippon Export and Investment Insurance (NEXI) co-hosted a high-level side event on the margins of the Ninth Tokyo International Conference on African Development (TICAD9) in Yokohama, Japan. The event brought...
Momentum Metropolitan Namibia has again lifted the Namibian flag high on the African stage by being named Best Life Insurance Company of the Year for the second consecutive year at the Momentum Africa Awards. With an extraordinary total of 24 wins out of 41 awards across Africa, Namibia not only participated but also led with...
Namibia’s Beresford Teaghan is part of Rosatom’s sixth international Arctic expedition “Icebreaker of Knowledge”, which set sail from Murmansk on 13 August. The expedition commemorates the 80th anniversary of Russia’s nuclear industry and the 500th anniversary of the start of the Northern Sea Route development. It is scheduled to reach the North Pole on...
Telecom Namibia and the Namibia Public Workers Union (NAPWU) yesterday hosted a signing ceremony to formalise two agreements for employees in the bargaining unit. The agreements cover wages and salaries, as well as substantive matters, for the 2024/2025 and 2025/2026 financial years. This event marks the successful conclusion of constructive negotiations and commencement of enhanced...
A high-level gathering of tourism investors, developers and ESG leaders has sparked critical debate about the relevance of global sustainability standards in the Southern African context. It raised pressing questions about whether widely used Environmental, Social and Governance (ESG) frameworks are fit for purpose in emerging markets. Hosted by the Southern African Development Community Tourism...
Mobile Telecommunications Limited (MTC) has intensified its commitment to digital inclusion by launching a strategic rural network optimisation initiative following a comprehensive network audit in northern Namibia. The initiative, driven by MTC’s customer-centric commitment, aimed to gain firsthand insight into coverage gaps and service quality challenges in underserved and uncovered rural areas. The audit, which...
In celebration of the One Economy Foundation’s 10th Anniversary, FNB Namibia, through its corporate social responsibility vehicle, the FirstRand Namibia Foundation, made a commitment of N$400 000 towards empowering unemployed young Namibians by equipping them with practical skills training, mentorship and access to vital networks. The renewed support was announced by Revonia Job, FirstRand Namibia...
Namibia has made significant strides by ratifying the International Labour Organisation (ILO) Convention No. 156, which deals with workers with family responsibilities. The depositing of the instruments for ratifications was done by Namibia’s Permanent Representative to Switzerland and the United Nations office in Geneva Ambassador Julia Imene-Chanduru, with the ILO Director General Gilbert Houngbo in...