The African Development Bank (AfDB) and the World Bank have jointly announced a groundbreaking initiative that promises to reshape Africa’s energy landscape and accelerate green industrialisation. With the AfDB committing US$18.2 billion (about N$330 billion) and the World Bank pledging up to US$40 billion (about N$725 billion) in financing, this ambitious endeavour is poised to...
Ethiopian Airlines, the largest airline in Africa, and one of the fastest-growing airline brands in the world, marked the 2025 International Women’s Day on Saturday, 8 March, by flight operations entirely managed by women, from catering, maintenance, and check-in to lounge services. These all-women-operated flights departed from Addis Ababa to Bahir Dar, Athens, Delhi, Dubai,...
Letshego Holdings Namibia Limited has reported a total revenue increase of 15% year-on-year and a profit after tax of N$418.8 million, which is an increase of 18.5% from N$353.3 million in 2023. This is as the latest financial results for the year ended 31 December 2024 indicate Letshego demonstrated remarkable financial resilience and strategic adaptability...
Sanlam last week reported strong growth in its 2024 annual results. The results showed the group’s earnings’ growth, shareholder value creation and new business was driven by its three growth pillars, namely South Africa, African economies and India. The strong earnings’ growth, robust new business volumes and excellent investment returns underpin the increase in the...
One of Namibia’s top world champion prospects, Fillipus “Energy” Nghitumbwa, has challenged leading Super Bantamweight contenders to the ring. Nghitumbwa, who boasts a record of 17 fights with 15 wins, 13 by knockout, has one goal in mind – to take on the top three WBO contenders and earn a fight against Naoya Inoue. Inoue is...
Businesses in Namibia’s startup ecosystem face significant challenges in scaling beyond domestic markets. These hurdles are compounded by limited commercialisation platforms, restricted access to funding and a lack of structured support for entrepreneurs. As a result, some Namibian innovators struggle to develop and commercialise their ideas locally, with limited cross-border financial transaction capabilities. This makes...
Following warnings of heavy rains expected in various regions across the country, the Motor Vehicle Accident (MVA) Fund calls on motorists to drive with caution and observe road traffic rules and regulations. The MVA Fund reminds road users of the dangers posed by wet and slippery roads, calling on motorists to exercise extreme caution, particularly...
The 2025 Bank Windhoek Coastal Maths Challenge concluded the first round. A total of 1079 learners from 13 coastal schools recently participated in the first round of the 2025 Bank Windhoek Coastal Maths Challenge. Facilitated under the supervision of teachers at participating schools, learners from grades 8, 9 and 10 completed the challenge, which consisted...
The 2025 Nedbank for Good Series will tee off on Saturday at Omeya Golf Club. This year’s tournament proceeds will once again benefit Agra ProVision, a local organisation dedicated to professional training. It is a division of Agra Limited. Agra ProVision provides expert advice and support in capacity development, basic farm management, poultry management, livestock...
The Kuisebmond Secondary School last week received a donation of eight stoves for their home economics kitchen and a power upgrade. The donation, worth N$50 000, was made possible by two companies, King Charcoal Namibia (Pty) and One Trust Investment (Pty), as part of their corporate social investments. Speaking during the donation handover last week,...