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Lusaka MTF Academy graduates its 100th student
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Lusaka MTF Academy graduates its 100th student

After five years in operation, the Southern Africa MultiChoice Talent Factory (MTF) Academy in Lusaka this year saw its 100th student graduate from the industry-leading film and TV training programme. The MTF Academy offers multi-disciplinary training programmes aimed at developing the next generation of African storytellers. Every year, students graduate from MTF academies in Lusaka, Lagos and...

Paratus embarks on new Botswana to Zambia fibre route
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Paratus embarks on new Botswana to Zambia fibre route

Paratus Botswana, a leading telecommunications and network services provider, has commenced work on lighting a new fibre route, the Southern African Development Community (SADC) Highway, which will connect Gaborone in Botswana, through Zimbabwe, to Livingstone in Zambia.  The first section in Botswana, which runs from Gaborone to Plumtree, spans approximately 500 kilometres. It is scheduled...

Cabinet approves upstream local content policy
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Cabinet approves upstream local content policy

In a strategic move for the burgeoning domestic oil and gas industry, Cabinet recently approved the National Upstream Local Content Policy.  The policy is set to play a crucial role in reducing Namibia’s dependence on foreign expertise by focusing on the development of local capacity.  Aimed at strengthening economic sovereignty and empowering Namibians within the...

Carin Slabbert appointed new NHU president
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Carin Slabbert appointed new NHU president

Carin Slabbert was appointed as the new Namibia Hockey Union president, at the elective Annual General Meeting held on Tuesday.  At the same AGM, NHU also managed to ratify a new constitution, which reconstructs a new executive structure and elected a new executive committee. The vice president for women is Marietta Stoffberg, with the vice...

Action filled swimming champs underway at Olympia
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Action filled swimming champs underway at Olympia

The Africa Aquatics and Open Water Swimming Championships are underway at the Olympia Swimming Pool in Windhoek, where only the Africa Aquatics activities are in action. The second part of the event, the highly anticipated Open Water Swimming competition will commence on Sunday at Lake Oanob near Rehoboth. There are 370 athletes from 15 Southern...

December fuel prices remain unchanged
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December fuel prices remain unchanged

Domestic fuel prices for both petrol and diesel will remain unchanged for December 2024.The mines and energy ministry has considered the need to shield Namibians from volatile international prices. This means the fuel prices at the port of import will remain at N$20.25 per litre for petrol, N$19.72 for diesel 50ppm and N$19.82 for diesel...

New Jeep Wrangler reforged for adventure
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New Jeep Wrangler reforged for adventure

Backed by more than 80 years of 4×4 engineering expertise, the new Jeep Wrangler is the most recognisable and capable vehicle on the planet.  Jeep Wrangler builds on the brand’s goal to deliver freedom of choice, offering an unmatched combination of leading off-road capability, iconic Jeep design, open-air freedom, advanced powertrains and a refined interior,...

New DBN board appointed
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New DBN board appointed

The Development Bank of Namibia (DBN) has appointed its new board of directors, effective 1 January 2025 until 31 December 2027.  The board was appointed by the finance and public enterprises minister, Ipumbu Shiimi, in line with the Public Enterprise Governance Act No. 1 of 2019 (PEGA).  The appointments highlight confidence in the board’s leadership...

Cran enhances type approval compliance with Namra
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Cran enhances type approval compliance with Namra

The Communications Regulatory Authority of Namibia (CRAN) recently launched a series of capacity-building training sessions with customs officials from the Namibia Revenue Agency (NamRA).  This initiative, conducted under the agreement between CRAN and NamRA, seeks to deepen understanding and strengthen compliance with type approval regulations for telecommunications equipment. Type approval is a regulatory process that...

Repo rate reduced by 25 basis points to 7%
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Repo rate reduced by 25 basis points to 7%

The central bank’s Monetary Policy Committee (MPC) unanimously decided to reduce the repo rate by 25 basis points to 7% yesterday. This move provides much-needed relief to consumers who have been suffering in a high-interest rate environment for too long.  According to a Bank of Namibia (BoN) statement, issued by governor Johannes !Gawaxab, this decision...