The Airlines Association of Southern Africa (AASA) has expressed renewed concern and frustration regarding a spate of incidents that disrupted airline operations over the summer peak travel season and throughout January. The incidents are primarily related to the reliability of refuelling infrastructure, electrical power supply and redundancy systems at the OR Tambo International Airport and...
Future Energies Services, a Namibian-owned company at the forefront of sustainable energy solutions, has appointed Aron Shindubu as general manager, effective 1 February 2025. Future Energies Services operates as the corporate wing of the Namibia Youth Energy Forum, a Section 21 registered non-profit organisation. Shindubu is an accomplished business development and strategy expert. He has...
The central bank’s Monetary Policy Committee (MPC) is expected to reduce the repo rate by 25 basis points (bp) at its February 2025 meeting. This would bring the repo rate to the 2017-2019 average of 6.75%, and would spell some marginal relief for Namibian households. The Bank of Namibia’s (BoN) MPC has expressed confidence in...
LearnOnOne recently collaborated with Fresh FM 102.9, 99FM and Pick ’n Pay Namibia to collect mountains of pens, pencils, notebooks and other essential school supplies for learners from disadvantaged backgrounds. LearnOnOne is a Section 21 company that broadcasts educational content to address the educational needs of children and adults in rural and lower-income areas. This...
The Communications Regulatory Authority of Namibia (CRAN) has appointed Josephine Shigwedha to its executive team, effective 3 February 2025. Shigwedha will assume the role of Executive: Regulatory and Corporate Legal Services. She is an admitted legal practitioner with a Master of Laws (LLM), and has over 11 years of dedicated experience in various aspects of...
Trustco Group Holdings Limited yesterday announced that its board of directors has established an independent committee to manage the proposed delisting from the Johannesburg Stock Exchange (JSE), Namibian Stock Exchange (NSX) and OTCQX Market in the United States. This follows the company’s announcement of evaluating the delisting in preparation for its planned Nasdaq direct listing. ...
The Deon Hotto Foundation recently received a major boost, securing over N$300 000 to assist with the completion of various sport facilities. In a statement released by the foundation, it revealed that they have partnered with Walvis Bay-based company GAC Investments CC. The foundation stated that representatives of GAC Investments travelled to Johannesburg, South Africa,...
To bridge the funding gap faced by Namibian cleantech entrepreneurs, a crucial session was recently hosted. The event was titled ‘Fundraising 101 for Namibian Cleantech Entrepreneurs: An Introductory Session on How to Find Funding for Startups’. The event, organised by the Environmental Investment Fund of Namibia (EIF), Co- Creation Hub (CcHUB), the United Nations Industrial...
The African Development Bank Group has pledged US$2 billion over 10 years towards clean cooking solutions in Africa. The pledge represents an important contribution to the US$4 billion per year needed to allow African families to have access to clean cooking by 2030. “Why should anybody have to die just for trying to cook a...
Chief Santos Football Club (CSFC) signed an agreement on Wednesday with Consolidated Copper Corporation (CCC), a leading mining company in Namibia. Under the new agreement, CCC will serve as the primary sponsor for CSFC. Branding will be featured at match weekends on the club’s jerseys and across club materials. The stadium will be renamed CCC...