In continuous efforts to uphold its mandate of emancipating the economy, the Namibia Industrial Development Agency (NIDA) engaged stakeholders from various financial organisations in Windhoek on 25 April. The event brought together various key stakeholders from institutions such as banks and financial organisations in Namibia and South Africa. It further served as a platform to...
Kiltir, a Maloya group of soul-stirring rhythms of the Réunion Island, are set to perform for three days in Namibia. The Franco-Namibia Cultural Centre (FNCC) will host Kiltir, a group whose music is rooted in the Creole traditions of their island homeland. With concerts and workshops scheduled across three days, Namibian audiences will get a...
Recent changes in government and the reconfiguration of administrative responsibilities, had resulted in the Ministry of Information and Communication Technology (MICT) resuming its oversight of Telecom Namibia. Given this, Telecom Namibia’s board of directors and executive management, joined by its subsidiary’s (Powercom) board and executive team, met ICT minister Emma Theofelus, on Wednesday at the...
From a rugged, off-road utility vehicle to a suburban family car, this has been the evolution of the SUV, with its spacious interiors and elevation, making it an extremely popular choice. In fact, even though Namibia’s new vehicle market experienced a slight decline last year, the popularity of SUVs and crossovers continues to increase, accounting...
Chery is set to introduce 19 hybrid models across the HEV (hybrid electric vehicle), PHEV (plug-in hybrid electric vehicle), and REEV (range-extender electric vehicle) categories in 2025. The first of these will be unveiled at Auto Shanghai 2025, where Chery will officially launch its Super Hybrid (CSH) brand. The Tiggo 7 CSH, Tiggo 8 CSH,...
PPS Insurance Namibia, a financial solutions provider exclusively for graduate professionals, delivered another impressive performance in 2024 and returned exceptional value to members. “We are pleased with our performance which was supported by our robust strategy. Our priority as a company operating under the ethos of mutuality is to support our members by paying all...
Old Mutual Namibia recently concluded its 2025 Employee Roadshow, celebrated under the theme ‘Own Your Impact’, which successfully reached out to hundreds of employees across the country and made a positive mark in communities along the way. Over 3 500 kilometres, the executive leadership team embarked on a tour of 10 towns, namely Windhoek, Okahandja,...
Arysteq, the largest independent, wholly-Namibian-owned asset management company, yesterday listed its first Actively-Managed Exchange Traded Fund (AMETF), the Arysteq Short-Term Income AMETF (ASIETF) on the Johannesburg Stock Exchange (JSE). Approved by the Namibia Financial Institutions Supervisory Authority (Namfisa), the Arysteq Short-Term Income AMETF is the first Namibian-based fund to list on the JSE. It is...
Landless People’s Movement (LPM) parliamentarian, Eneas Emvula, has called for urgent action to protect the rights of Namibia’s children, highlighting the realities faced by many young citizens who are forced to work for survival. He urged leaders to prioritise the needs of the most vulnerable and ensure that the nation’s progress benefits all. He recounted...
The African Export-Import Bank (Afreximbank) recently released its consolidated financial statements and those of its subsidiaries for the year ended 31 December 2024. These financials indicate that Afreximbank reported strong financial performance despite a complex global economic landscape marked by geopolitical tensions, inflationary pressures and elevated interest rates, posting a net income of US$973.5 million...