In September 2024, Bank Windhoek published its third Sustainability Bond Impact Report, highlighting the impact of its financing initiatives during the 2023-2024 financial year. The N$407 million raised from the inaugural issuance enabled the bank to advance sustainable finance in Namibia by supporting small-scale projects, and reinforcing its commitment to responsible business practices and environmental...
Trustco’s Real Estate Portfolio has received approval and has registered the Ombala Estate in Ondangwa’s Extension 11, which it intends developing. In a statement issued yesterday, Trustco noted the proposed development has been officially approved and registered, marking a significant milestone in Ondangwa’s expansion. This premium development, acquired by Trustco Properties in 2010, offers residential,...
The Eco Dialogue Collective, a new European Union-funded initiative, will support Namibia’s transition to a greener future by strengthening transparency and accountability in the management of natural resources such as green hydrogen, oil and gas. “Namibia has an abundance of natural resources and precious ecosystems that need protection. But it also faces the effects of...
Trustco Group Holdings Limited has launched an Employees’ Children Internship Programme, designed to provide valuable work experience and professional development opportunities to the children of current and former Trustco employees. The programme offers a structured pathway for employees’ children who have completed their secondary education, are pursuing tertiary studies or recent graduates seeking to gain...
The Namibia University of Science and Technology (NUST) 20 March 2025, hosted a public lecture delivered by Zurab Pololikashvili, Secretary General of the United Nations World Tourism Organisation (UN Tourism). The event themed ‘Sustainable Tourism in Africa: Harnessing Technology, Inclusion and Heritage for a Resilient Future’, brought together key tourism stakeholders, academics and students, fostering...
Launched in 2024, the MSME Development Fund at Namibia Breweries Limited (NBL), with a budget of N$25 million, aims to support micro, small and medium enterprises (MSMEs) to foster growth and contribute to Namibia’s economic advancement. NBL has also committed to allocating N$5 million annually for five years to develop firms owned by historically disadvantaged...
The Namibian Employers Federation (NEF) extended its congratulations to Netumbo Nandi-Ndaitwah on her historic election as Namibia’s first female. The federation said this marks a major milestone in Namibia’s commitment to gender equality and progressive governance. Additionally, the NEF congratulated Fillemon Wise Immanuel on his appointment as minister of the newly-merged Ministry of Labour, Industrial...
The Nedbank Cycle Challenge, dubbed ‘the Greatest Ride Under the Sun’, makes its return to the tarmac after its 2024 hiatus due to the mourning period observed after the passing of president Hage Geingob in February last year. The Nedbank Cycle Challenge debuted in 1986, and has since become one of the oldest and most...
Welwitschia University and Side by Side Early Intervention Centre on Monday signed an agreement to provide practical training and placement opportunities for Bachelor of Social Work students at Welwitschia University. Welwitschia University will provide theoretical instructions ,while Side by Side Early Intervention Centre will host practical placements. This way, students will gain on-the-job training under...
The Namibia Financial Institutions Supervisory Authority (Namfisa) stated it is enthusiastic about the opportunities presented by the Regulatory Sandbox, which allows innovators to test their ideas in a controlled environment, facilitating positive change while ensuring these advancements uphold fairness and financial system stability. In this regard, Namfisa yesterday announced that Express Credit Cash Advance officially...