The livestock and meat industry experienced an uptick in marketing activities during the first quarter of 2024, notably the cattle sector, which recorded a remarkable growth rate of 47.9%. Bank Windhoek’s executive officer for retail banking services and specialist finance James Chapman shared these figures with farmers during the recent Agra Weaner Championship Gala in...
The Development Bank of Namibia (DBN) is committed to financing economic activities in the country that meet the explicit funding requirements for sustainable socio-economic development and growth. Illuminating on the basis for DBN funding, Chief Marketing and Corporate Affairs Officer, Jerome Mutumba flagged that prime on the set of criteria to be met, an entity...
A fun run/walk organised by social media influencer and nurse Mathew Shembonde aims to give back to the community by donating all the proceeds to Ebenezer Soup Kitchen in Windhoek’s Havana settlement. The run will start at Daan Viljoen roadblock in Windhoek this Saturday at 06h00. Shembonde told New Era Online that the Health for...
The Ministry of Mines and Energy (MME) is conducting a comprehensive National Energy Survey and Affordability Study in collaboration with the World Bank, which started on 7 October and is expected to end on 11 November 2024. The study, which is being carried out countrywide, aims to assess socio-economic conditions, identify development needs and provide...
The Namibia Financial Institutions Supervisory Authority (Namfisa) recently hosted a pension funds, industry engagement, bringing together key stakeholders in the financial sector to explore the role of unlisted investments in bridging funding gaps and fostering economic growth in Namibia. The event, themed “Unlisted Investments as a Solution for Bridging Funding Gaps in the Economy,”...
The country’s ongoing need to address the shortage of Work- Integrated Learning (WIL) opportunities for students has resulted in the Social Security Commission (SSC) commiting N$200 000 to the Namibia National Internship Programme (NNIP). This is to increase the programme’s intake capacity, which currently only stands at 300 trainees per annum. SSC is the sixth...
Grove Mall marked a significant moment in its history this week with the celebration of its 10th anniversary. The event, which included issuing vouchers worth N$10 000 to shoppers, was held at the Slowtown Atrium within the mall. In his opening remarks, JP Duncan, asset manager at Atterbury, a property development firm, expressed gratitude...
Executive Chairman of the O&L Group, Sven Thieme, this week took part in a groundbreaking moment for Germany’s energy transition with the launch of the Philippsee project. The floating photovoltaic (PV) system was launched on Monday as an example of harnessing unused water bodies for the generation of clean energy, contributing to renewable energy objectives. ...
FlySafair, South Africa’s leading low-cost airline, landed at Hosea Kutako International Airport for the first time this week, connecting Cape Town to Windhoek. The maiden landing marked the start of the regional route for FlySafair from Cape Town, making cross-border travel between the two cities more accessible and affordable for customers. “We are extremely excited...
GWM has announced offering Hybrid Electric Vehicle (HEV) variants across their entire range of models – making GWM the first automotive manufacturer in southern Africa to achieve this milestone. Local salesmen say the HEV variants are available in Namibia on order, with delivery in three to four weeks. A global leader in HEV technology, GWM’s current range...