Hyundai’s Creta range has received another mid-life boost in southern Africa with the addition of two new Matte Edition derivatives, more convenience and safety features, and a reduction in the prices of certain versions of this medium-size SUV. The Creta range still comprises three derivatives with two different specification levels: Premium and Executive, both using...
WITH sinister looks, tailored aerodynamics and a specially-tuned Coyote 5.0-litre V8 engine, the Ford Mustang Dark Horse sets a new benchmark for American street and track performance that could only come in a Mustang. The Dark Horse, now available at southern African dealerships, is the first new Mustang performance series to be launched in more...
The international oil major Chevron Corporation, which industry insiders expect to soon start exploration drilling in the Orange basin off the Namibian coast, reported earnings of US$4.5 billion for third quarter 2024, compared to US$6.5 billion in third quarter 2023. Foreign currency effects decreased earnings by US$44 million. Adjusted earnings of US$4.5 billion were reported...
NAMIB Desert Diamonds (Namdia) hosted its inaugural open day on 25 November 2024, marking a significant milestone in the company’s commitment to fostering stronger relationships with stakeholders and increasing operational transparency. The event provided key stakeholders a unique opportunity to engage with Namdia’s leadership, learn about the company’s contributions to domestic economic development, and gain...
Capricorn Group has appointed Johan Maass as group financial director, effective 22 November 2024. He joined Capricorn on 1 April 2018, and has served as group chief financial officer since 1 July 2022. Maass is a chartered accountant by profession, with a B.Com Hons degree in chartered accountancy from North-West University. Over the past six...
Bank Windhoek has supported the Katuka Mentorship Programme for the past five years, while witnessing women’s development and its benefits. Mentees within the programme agree that while the Namibian job market can be challenging, having a supportive and established mentor makes attaining career goals easier. The annual Katuka Mentorship Programme held its certificate ceremony on...
New regulations effective since 30 September 2024 have transformed how consumers send and receive money between Namibia, South Africa, Eswatini, and Lesotho, better known as the Common Monetary Area (CMA). “These changes represent a significant advancement to our cross-border payment systems,” explained Brian Katjaerua, CEO of the Bankers Association of Namibia (BAN). “While customers need...
In a deliberate pursuit to drive and achieve digital transformation, Namibia Water Corporation (NamWater), and telecommunications giant MTC, yesterday signed an agreement. The cooperative agreement will see the two institutions work jointly to lead the envisaged Water Sector Digital Transformation. The smart partnership is embarked upon with the ultimate purpose of enhancing the systems and...
As part of New Era’s special reportage on the single-biggest event in Namibia’s 2024 calendar, the paper earlier this year reached out to local analysts to weigh in on whether the candidates have the necessary standing, experience, political capital and stamina, as well as the social dexterity to credibly vie for the highest office in...
The Ministry of Gender Equality, Poverty Eradication and Social Welfare will host the 2024 Dr Libertine Amathila Sport Tournament at Motsomi Primary School in Corridor 13, Omaheke region, from 2 to 6 December. This annual tournament unites youth from Namibia’s marginalised communities to celebrate talent, diversity and community pride through the universal language of sport. ...